Day Trading Stocks & Futures

[nirav_j]

re: Day trading Nifty & Banknifty Futures

Numbers not making sense . :annoyed:

Fridays 1.4 % cut on Nifty saw both FIIs and DIIs buying, the FII number being 1000+ crores
Todays 1.3 % hike and FIIs bought all of 48 crores worth. NF saw a cut in OI today too.

 

[Vertigo_1985]

re: Day trading Nifty & Banknifty Futures

Did anyone manage to capture the 30 mins sharp up move?

I was short by 1.30 and had to exit with loss...

If any one managed to capture the 30 min up move...
and think that trade as not a pure random fluke...

am curious, do tell us... how did you manage to do that...

Did anybody managed to tame today's snake move!?

i think its simple, its a bull market and one should be looking for buying into consolidations, failures. I dont trade futures(will be starting now) but i went long in last few days consolidation in cash market. My analysis says go long till budget then go short, then long again for rbi policy...and if anyone has missed todays move then dont wrry go long into any fall as there is more upmove left.
And thanks to Dan for explaining to me in detail how one can use options with multiple legs in intraday.

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

Numbers not making sense . :annoyed:

Fridays 1.4 % cut on Nifty saw both FIIs and DIIs buying, the FII number being 1000+ crores
Todays 1.3 % hike and FIIs bought all of 48 crores worth. NF saw a cut in OI today too.

yeah, more dramas coming soon:annoyed:

 

[a1b1trader]

re: Day trading Nifty & Banknifty Futures

Did anyone manage to capture the 30 mins sharp up move?

I was short by 1.30 and had to exit with loss...

If any one managed to capture the 30 min up move...
and think that trade as not a pure random fluke...

am curious, do tell us... how did you manage to do that...

Did anybody managed to tame today's snake move!?

Posted by me in the midnight

NF

If holds 7500 levels then we can see upward moves.
Target could be 7600 - 7650 - 7700 and more

However, after crossing 7590, NF should hold 7580-90 levels OR it can reverse from here to 7540-20 levels

Though unlikely to breach 7500 levels for the time being, but, if it breaches this level then we can see 50 - 100 - 150 points (and may be more), downfall from 7500

 

[a1b1trader]

re: Day trading Nifty & Banknifty Futures

i think its simple, its a bull market and one should be looking for buying into consolidations, failures. I dont trade futures(will be starting now) but i went long in last few days consolidation in cash market. My analysis says go long till budget then go short, then long again for rbi policy...and if anyone has missed todays move then dont wrry go long into any fall as there is more upmove left.

Hi Vertigo

Budget is about 25-30 days far.
What do you think, market will be in long mode only, till then.

A big NO

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Did anyone manage to capture the 30 mins sharp up move?

I was short by 1.30 and had to exit with loss...

If any one managed to capture the 30 min up move...
and think that trade as not a pure random fluke...

am curious, do tell us... how did you manage to do that...

Did anybody managed to tame today's snake move!?

Many must have managed to profit from todays move. Many systems triggered a buy in around 7570-80 area for daytraders and 7585 for swing traders( swing traders went short around 7660 couple of days back ) .I know many people whom I talked in real time and they cought the move based on the systems they trade.

Edit : Going short initially at around 7562-63 and covering at 7542-45 area was also a good trade many cought today initially when downtrend was continuing

Smart_trade

 

[a1b1trader]

re: Day trading Nifty & Banknifty Futures

But I am sorry to say,

That no one forewarned fellow members, here in the thread, that we are going to see a big upmove, so as to save them from a big loss (like onlinegtrash faced today)

 

[stock72]

re: Day trading Nifty & Banknifty Futures

--------------------------------------

 

[essem]

re: Day trading Nifty & Banknifty Futures

Many must have managed to profit from todays move. Many systems triggered a buy in around 7570-80 area for daytraders and 7585 for swing traders( swing traders went short around 7660 couple of days back ) .I know many people whom I talked in real time and they cought the move based on the systems they trade.

Edit : Going short initially at around 7562-63 and covering at 7542-45 area was also a good trade many cought today initially when downtrend was continuing

Smart_trade

Yeah you are right

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

But I am sorry to say,

That no one forewarned fellow members, here in the thread, that we are going to see a big upmove, so as to save them from a big loss (like onlinegtrash faced today)

Move started and happened very fast ...and all being traders, they will naturally trade the move rather than post in TJ and alert people. And fast moves need very focussed monitoring .But we were having NR7 days also and if any of the problems ( Inflation, Iraq ,Forex,etc ) gets solved market was definite to surge up strongly as we are in uptrend.

Anyone who was short MUST cover his short position when market took out the morning swing high...around 7570. To go long immediately from short position may be difficult but staying short is definately a big mistake which a trader should not commit...so no question of any big loss....

Smart_trade