Day Trading Stocks & Futures

[manishchan]

re: Day trading Nifty & Banknifty Futures

lagta hain, ek snake se kuch honewala nahi isleye, firday ko, multiple snakes aeyenge....so...be fearful(careful)...don't be greedy...

I go where snake goes... upar to upar.. neech to neeche.... dtz the best part about intra

End result : Saap bhi mare aur laathi na tute

 

[TradeJoker]

re: Day trading Nifty & Banknifty Futures

BNF had a bearish 315 crossover today. 15DEMA = 15224, 3DEMA = 15205. Maybe further downside below 14910 (previous swing low).

yeah, crossover after a long ride

 

[LivetoTrade]

re: Day trading Nifty & Banknifty Futures

BNF had a bearish 315 crossover today. 15DEMA = 15224, 3DEMA = 15205. Maybe further downside below 14910 (previous swing low).

The first crossover generally gives a few whipsaws - does it not ?

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

LODU system traders always get killed whether up -down or sideways :annoyed:

 

[stock72]

re: Day trading Nifty & Banknifty Futures

ok .. now when there is a snake market there MUST be a ladder market too . and tomorrow and Monday be the case for ladder market where u will find no bears , bulls and snake ( as all killed in last three days ) :rofl::rofl:
simply hold the ladder and just claim..

Alright now I understand.. we are in Snake market... neither bull nor bear!

I guess some people may think its snaky-bull... and some snaky-bear...

but clearly this is snake market!

Edit:
just to add to my technical competency I have learned that there are 4 types of market, just not two types i.e bull or bear.
a) bull
b) bear
c) snake
d) worm.
of the last two Snake is the deadliest and Worm is the most frustrating!

 

[manishchan]

re: Day trading Nifty & Banknifty Futures

ok .. now when there is a snake market there MUST be a ladder market too . and tomorrow and Monday be the case for ladder market where u will find no bears , bulls and snake ( as all killed in last three days ) :rofl::rofl:
simply hold the ladder and just claim..

just imagine... king cobra sitting at the top of the ladder

I think it was tehre in some of the ludo's version during childhood. We used to call it "Murda Siddhi (ladder)".

 

[timepass]

re: Day trading Nifty & Banknifty Futures

The first crossover generally gives a few whipsaws - does it not ?

Yes. That's why you may follow Santhosh2010's modification of 315 strategy which considers crossover of 3ema with 15ema (high) or 15ema (low). 15ema (low) stands at 15046.

 

[onlinegtrash]

re: Day trading Nifty & Banknifty Futures

ok .. now when there is a snake market there MUST be a ladder market too . and tomorrow and Monday be the case for ladder market where u will find no bears , bulls and snake ( as all killed in last three days ) :rofl::rofl:
simply hold the ladder and just claim..

just imagine... king cobra sitting at the top of the ladder

I think it was tehre in some of the ludo's version during childhood. We used to call it "Murda Siddhi (ladder)".

yeah could be... at least in that childhood snake-ladder game... snakes will be snakes
and ladders will be ladder...

but with Nifty... the ladders may change into snake usually half way through climbing
and snake changes into ladder and smiles at you after you ran away from the ladder thinking it as snake
Actually throwing dice...is not taken into account at all, dice may give you any number... it doesn't matter,
finally you get to choose to stay or run away... at the EOD... market beats the crap out 95% traders!

 

[oilman5]

re: Day trading Nifty & Banknifty Futures

no energy in bulls today :annoyed:

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

The way last 3day -intraday moves -today major nifty counter sell suggests -NIFTY IN EXHAUSION . MAY FALL ABOUT 80-90 PT BEFORE PULL BACK.
Since only 5 days - call underwriter on higher value can safely made some money.
Nifty 7500 put BUY also - low risk trade.:clap::clap:

 

[coolharsh20]

re: Day trading Nifty & Banknifty Futures

Nifty F&O Analysis
FII & DII sold in cash market.
FII' s created short position in Futures. Futures OI increased with Selling.
In option front,
Put buildup is seen @ 7500 level with increase in PCR ratio.
Call unwinding is seen.

FII trend: Down
Tomorrow market may fall below 7500 sharply. i see it heading towards 7380 if trend remains same.

Happy trading.:lol::thumb: