Day Trading Stocks & Futures

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

NF/BNF trend ↑↑

tgt > 7999/15999



If Monday ...........BNF close above....15620......then your Target will sure hit....in 5 days....:thumb:

I am still averaging.....my shorts......
 
re: Day trading Nifty & Banknifty Futures

Had to go out for some urgent work and was away in the afternoon session but I got the trade confirmations of sell orders put at higher levels, and I knew market has done the reversal of the morning move....

7800 is very close now....:)

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

Some statistics for the bears....

In a bull market the corrections are shallow and for short time...so dont expect too deep corrections. In S&P which is at all time high, in last 2 years there is not a single dip which is more than 10 % from the top , all corrections are shallow and the market has been rallying for more than 2 years defying the gravity and the "oscillators overbought" cries of the bears...( not my research.Heard it from someone....)

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

Some statistics for the bears....

In a bull market the corrections are shallow and for short time...so dont expect too deep corrections. In S&P which is at all time high, in last 2 years there is not a single dip which is more than 10 % from the top , all corrections are shallow and the market has been rallying for more than 2 years defying the gravity and the "oscillators overbought" cries of the bears...( not my research.Heard it from someone....)

Smart_trade
ST da
You just pointed out what I want to know.
In this bull market, the corrections are normally shallow, as you said. But how deep the correction can be from the top or intermediate top.
Could it be, say 100 points, 150, or 200 points or even more ?
Thanks
 

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