Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
Iraq issue gave a good reason for the market to correct. Now we have to see how far this issue escalates into major problem in crude oil supply. US is keeping a close watch and in its own interest will intervene to see to it that it does not become a major problem for the entire world.
History has proved that such geo-political problems give a great opportunity to buy at lower levels ( provided the market is bullish ) as these issues subside and after few days no one will even remember Iraq problem and the trend will resume.
My view is we have to be less aggressive in shorting...and look for correction to end and then buy as around budget time we will be trading higher than where we are today.
Correction can go to 7400 max in my view....and the correction wont last for more than 2-3 days...
Smart_trade
Iraq issue gave a good reason for the market to correct. Now we have to see how far this issue escalates into major problem in crude oil supply. US is keeping a close watch and in its own interest will intervene to see to it that it does not become a major problem for the entire world.
History has proved that such geo-political problems give a great opportunity to buy at lower levels ( provided the market is bullish ) as these issues subside and after few days no one will even remember Iraq problem and the trend will resume.
My view is we have to be less aggressive in shorting...and look for correction to end and then buy as around budget time we will be trading higher than where we are today.
Correction can go to 7400 max in my view....and the correction wont last for more than 2-3 days...
Smart_trade
re: Day trading Nifty & Banknifty Futures
high ko mat dekho yaar , last few seconds sellers cover their calls.
I had few calls at 22 but bada hi nahi thode profit mein nikalna pada. but aaj 59.5 mein jyada badiya movement tha , maybe people are not convinced about 60+ .
generally USD calls mein kafi buyer hote hain , put mein kam interest hota hai.
high ko mat dekho yaar , last few seconds sellers cover their calls.
I had few calls at 22 but bada hi nahi thode profit mein nikalna pada. but aaj 59.5 mein jyada badiya movement tha , maybe people are not convinced about 60+ .
generally USD calls mein kafi buyer hote hain , put mein kam interest hota hai.
Similar threads
-
-
Collective Investment Scheme in stocks and futures trading?
- Started by rakamaka
- Replies: 7
-
Trading Futures: Indices Vs Individual Stocks- Started by Trade_Artist
- Replies: 9
-
-