Day Trading Stocks & Futures

LivetoTrade

Well-Known Member
re: Day trading Nifty & Banknifty Futures

7800 before the budget.....

Smart_trade
Sure welcome :rofl:

July series is a long one, and quite some events, Railway Budget, Union Budget, Infy results .... all by 2nd week of July.

So i hope the range will be between 7825 to 7300 :thumb:
 

ap*

Well-Known Member
re: Day trading Nifty & Banknifty Futures

hi, im holding 6000 quantity nifty 8000 ce july series. buy average price is 29. sl at 27. does it make sense to hold. Is a target of 45 too far?
 
re: Day trading Nifty & Banknifty Futures

Sure welcome :rofl:

July series is a long one, and quite some events, Railway Budget, Union Budget, Infy results .... all by 2nd week of July.

So i hope the range will be between 7825 to 7300 :thumb:
it has spent quite some time in 7500-7700 zone, if breakout happens and sustains for few days then its more likely to sustain above 7700 for longer term then not, and 7300 to me is very very less probable as of now, only if BJP goes on giving free funds we will see levels like these which itself is very low probability imo.
 
re: Day trading Nifty & Banknifty Futures

hi, im holding 6000 quantity nifty 8000 ce july series. buy average price is 29. sl at 27. does it make sense to hold. Is a target of 45 too far?
Yes, I think that it's too much. Why not book part profits from 35 onwards and trail your SL..
 
re: Day trading Nifty & Banknifty Futures

Hi
hindalco started its move from 160 yesterday..& make today high of 177.15..

so good 17 rs move in 2 days..
Thanks
IMO
Hindalco should touch 180-2 by tomorrow or so and if able to break these levels decisively then you can see 190-2 in near future.

BTW I had a position with target 175 in last series and made a loss in it and see the irony, it reached the target 2 days after the series ended. :annoyed:
 

TradeOptions

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Although Nifty is up just 50 odd points, but the overall market is completely green at the moment -

 

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