Day Trading Stocks & Futures

[VJAY]

re: Day trading Nifty & Banknifty Futures

dear, can u suggest me a good inverter with good configuration...

Try VGUARD with 150 ah battery of exide....which am using here

 

[timepass]

re: Day trading Nifty & Banknifty Futures

Look at TCS today. Did it really have a low of 2312 ?? A range of 110Rs. today for this scrip.

Has it played out and heading for a stochastic divergence or is it heading much higher? The intraday chart really shows no weakness, a trend day.

ST, this also shows a good example of "stochs 5 bars overbought" theory. Your views on this scrip please. I think that it will go higher after a bit of consolidation around this zone.

 

[Niranjanam]

re: Day trading Nifty & Banknifty Futures

Nizamabad,Hyderabad,Saidabad.
Shift to some good place like Tadepalligoodem

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Look at TCS today. Did it really have a low of 2312 ?? A range of 110Rs. today for this scrip.

Has it played out and heading for a stochastic divergence or is it heading much higher? The intraday chart really shows no weakness, a trend day.

ST, this also shows a good example of "stochs 5 bars overbought" theory. Your views on this scrip please. I think that it will go higher after a bit of consolidation around this zone.

Yes...it stayed in OB for more than 5 bars and then max it went sideways but no meaningful correction and it blasted in the end today...

I am expecting 2650-2700 before budget ,not a target but looking at the fact that it has crossed previous top of 2385 done at last quarterly results, a 200- 250 points move possible. They have a meeting on 5th July and dividend will be declared...people talking about bonus also.

But this year will be a good year for TCS....I am long and I am buying every dip...after every quarterly results it dips and gives a chance to buy....on results news sell and buy in a correction is a strategy I am following for last few quarters....

Was just looking at my old contracts of 2008...TCS was Rs 500...now Rs 2400....good CAGR...

Smart_trade

 

[candle]

re: Day trading Nifty & Banknifty Futures

ST Sir,

Whats your take on Reliance ?

regards.
candle

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

ST Sir,

Whats your take on Reliance ?

regards.
candle

I am bullish on Reliance...but as gas price hike issue is kept on hold for 3 month, reliance will stagnate ....after 3 months again it will rally.

So better opportunities elsewhere for next 3 months.

Smart_trade

 

[amitrandive]

re: Day trading Nifty & Banknifty Futures

Can anyone clarify this for me please ?

Mcdowell-N Futures on the NSE website shows different data and on the charts show different data.

McDowell-N Daily Chart

McDowell Data from NSE Website

 

[candle]

re: Day trading Nifty & Banknifty Futures

I am bullish on Reliance...but as gas price hike issue is kept on hold for 3 month, reliance will stagnate ....after 3 months again it will rally.

So better opportunities elsewhere for next 3 months.

Smart_trade

Agreed sir; but looking at the massive growth plans of reliance for near 1-2 years, it may cause pressure on its cash flows, eventualy pressure on its stock price.

On the other hand, these massive plans are quite lucrative also.



regards.
candle

 

[shreeux]

re: Day trading Nifty & Banknifty Futures

Hi, Smart Trade.,

Still now i am trade with cash only...

I never trade with Futures & Options...

So, I first start with Futures...

What are the parameters to know?

 

[nirav_j]

re: Day trading Nifty & Banknifty Futures

Can anyone clarify this for me please ?

Mcdowell-N Futures on the NSE website shows different data and on the charts show different data.

McDowell-N Daily Chart

The difference is between the premiums of June and July contracts.

July contract is trading at a significant discount to spot price