Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

He will be a passive observer always doubting the current uptrend and trying to figure out the reasons and will get in when market gets euphoric.

Smart_trade
This phenomenon you not only face in your market. It is the same in the S&P 500 or in the Dow or in any market. At the moment it is on top, all those predictors occur with any arguments and tell that market now has/must go down because of this or that. :confused:

An other prove to not listen to any body and follow strictly our own trading rules and believes about the market. And if it really falls, perfect, then we switch from long to short and follow now this our trading rules and thats it. But NEVER EVER LISTEN to any body about where market will go. Not even our best friends as it is our money which is lost and not his/hers.
 

RAAMAKANT

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

95% Traders tries to know about where the market will head in future.
Remaining 5% quietly follow it and make money....

FIIs are bullish on the market and still buying. DIIs are sellers continuously for last many months because they have to sell due to redumption pressures. DIIs anyway have lost their leadership and cannot give direction to the market. In correction also they will keep waiting for FIIs to buy. Indian retail investor getting out of the market.He will be a passive observer always doubting the current uptrend and trying to figure out the reasons and will get in when market gets euphoric.

Smart_trade
This phenomenon you not only face in your market. It is the same in the S&P 500 or in the Dow or in any market. At the moment it is on top, all those predictors occur with any arguments and tell that market now has/must go down because of this or that. :confused:

An other prove to not listen to any body and follow strictly our own trading rules and believes about the market. And if it really falls, perfect, then we switch from long to short and follow now this our trading rules and thats it. But NEVER EVER LISTEN to any body about where market will go. Not even our best friends as it is our money which is lost and not his/hers.
 
re: Day trading Nifty & Banknifty Futures

If i square off a normal position in option after holding it for few days then can i use the profits to enter again in options same day ? or they need to be credited to my account and then only i can use it ?
 
re: Day trading Nifty & Banknifty Futures

NF/BNF trend ↑↑

TGT > 7999/15999






SWITZERLAND

Image uploaded from plus.google.com by TERMINAH SILVIA
Ab aayega ga khel mein maja......Now game will be interesting......As NF master...........Predicting BNF also.....:clapping:
 
re: Day trading Nifty & Banknifty Futures

FIIs are bullish on the market and still buying. DIIs are sellers continuously for last many months because they have to sell due to redumption pressures. DIIs anyway have lost their leadership and cannot give direction to the market. In correction also they will keep waiting for FIIs to buy. Indian retail investor getting out of the market.He will be a passive observer always doubting the current uptrend and trying to figure out the reasons and will get in when market gets euphoric.

Smart_trade
Have DIIs anytime lead the market ?

As far as my understanding of economy, politics goes i am quite positive on long term future of india. There maybe some corrections in between but they are part of uptrend. If this government with such strong mandate and strong leadership cant deliver then i dunno what will...

My analysis for nifty -
1. I am expecting 7700 to hold till budget, there is simply lack of selling which maybe because event is approaching and also market has scared many previous shorts by steep up moves so they prefer to stay away now. Bulls are more confident and ready to buy dips and accumulate. Most probably we will see about 7900 levels before budget. If this happens i will expect some corrections after budget but 7700 should hold.
2. 2nd scenario can be that nifty holds above 7700 but there is no upmove or downmove in which case i expect a very strong and deciding upmove or downmove on budget day. It will be either 7900 above or 7500 on that day.
3. 3rd and least likely scenario is that we go below 7700 and sustain below it before budget, in this case it will show bulls arent that much interested and any upmove on budget day is less likely to have a strong follow up in coming days, any disappointment should see testing 7500.

If we see nifty only then its showing good signs for bulls but if we see overall market then there is surely a sign of comparative(as comapared to around election) weakness in market, major sectors like banks, energy are not participating...lets see what happens in coming days but if dont see a overall market constituents move before budget then i will doubt any upmove that happens on budget day(If it happens).
 

LivetoTrade

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

sgx nifty 7761, another gap up tomorrow possibly !
 

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