Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
re: Day trading Nifty & Banknifty Futures
No...actually ummmm was....um......was looking to take reverse trade on your trade 
Altaf bhai ...dont get angry...6 packs to kya 3 packs se bhi dar lagta hai...
Smart_trade
So, you want to trade on OUR systems for budget Why are you looking to commit financial suicide
Our systems dont even work on normal days, budget ke din kya khaak kaam karenge
Why are you looking to commit financial suicide Our systems dont even work on normal days, budget ke din kya khaak kaam karenge
Altaf bhai ...dont get angry...6 packs to kya 3 packs se bhi dar lagta hai...
Smart_trade
re: Day trading Nifty & Banknifty Futures
ST Sir is a professional Trader.Will always take reverse position of the Retail traders.
:lol::lol::lol:
No...actually ummmm was....um......was looking to take reverse trade on your trade
Altaf bhai ...dont get angry...6 packs to kya 3 packs se bhi dar lagta hai...
Smart_trade
Altaf bhai ...dont get angry...6 packs to kya 3 packs se bhi dar lagta hai...
Smart_trade
:lol::lol::lol:
re: Day trading Nifty & Banknifty Futures
Today I am realizing how distracting charts can be... I was much clearer when following my levels and order flow (no charting at all).
Good lesson!
I should have just stuck to my NF levels... which are
7396 7487 7526 7539 7542 7559 7567 7575 7578 7584 7600 7604 7609 7617 7631 7642 7669 7760 (a combination HLC, Pivots)
Today I am realizing how distracting charts can be... I was much clearer when following my levels and order flow (no charting at all).
Good lesson!
I should have just stuck to my NF levels... which are
7396 7487 7526 7539 7542 7559 7567 7575 7578 7584 7600 7604 7609 7617 7631 7642 7669 7760 (a combination HLC, Pivots)
re: Day trading Nifty & Banknifty Futures
was already long 8k ce next month since last week, traded it for range first, exited when 7500 broke and re-entered long on selloff and exited yesterday, now building final long position today and tomorrow, expecting rally few days before budget then stall and then rally on budget day followed by correction.
If there is no rally next week or it starts holding below 7500 then will start scaling out and consider re-entry at lower levels as i did before.
I dont hv any target level in mind as movement if any should continue till budget day so will exit based on that.
If everything happens according to plan then will start scaling out on budget day.
Was expecting tax hike for tobacco and so short on budget day was my plan but thats already in news now so if ITC falls on or before budget day then i will be accumulating it in cash market after budget day.
Other thing im expecting is tax hike for liquor so planning to short those companies on budget day as of now.
Also if there is rally in market before budget then i will be looking for short positions, timing not sure as i have never traded budget session before ( but will look into it, i think it will start at 1100 am so after that only will look for short), will trade through options(strategy not final).
was already long 8k ce next month since last week, traded it for range first, exited when 7500 broke and re-entered long on selloff and exited yesterday, now building final long position today and tomorrow, expecting rally few days before budget then stall and then rally on budget day followed by correction.
If there is no rally next week or it starts holding below 7500 then will start scaling out and consider re-entry at lower levels as i did before.
I dont hv any target level in mind as movement if any should continue till budget day so will exit based on that.
If everything happens according to plan then will start scaling out on budget day.
Was expecting tax hike for tobacco and so short on budget day was my plan but thats already in news now so if ITC falls on or before budget day then i will be accumulating it in cash market after budget day.
Other thing im expecting is tax hike for liquor so planning to short those companies on budget day as of now.
Also if there is rally in market before budget then i will be looking for short positions, timing not sure as i have never traded budget session before ( but will look into it, i think it will start at 1100 am so after that only will look for short), will trade through options(strategy not final).
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