Day Trading Stocks & Futures

[doctorshah]

re: Day trading Nifty & Banknifty Futures

You mean market will bottom out in September ? Possible as per scenario 2 and 3
of my post...Now all the positive triggers are almost over so market will drift aimlessly for next 2 months.

Smart_trade

STda What about RBI policy? or it will be nonevent?

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

STda What about RBI policy? or it will be nonevent?

Yes I am not expecting RBI to make any changes in short term lending rates or Repo rates this time ....so it will be a non event.

Smart_trade

 

[timepass]

re: Day trading Nifty & Banknifty Futures

STda What about RBI policy? or it will be nonevent?

Yes I am not expecting RBI to make any changes in short term lending rates or Repo rates this time ....so it will be a non event.

Smart_trade

The event has already occurred before the RBI policy, with RBI giving infra status to affordable housing and a slew other other measures for the infra sector, which may help bring down the long term borrowing costs for infra companies by about 150-200 basis pts.

Boost for infrastructure

Also, some incentives for the NRIs.

The effects will take some time to percolate down to the end user, but SBI yesterday announced lowering of deposit rates.

 

[nirav_j]

re: Day trading Nifty & Banknifty Futures

5-6 points premium on NF ?

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

two gap ups in a row

 

[umesh12]

re: Day trading Nifty & Banknifty Futures

Sorry
NF first target of 7530 got late by 1 day
First target hit

Second target 7560 met in this gap open

 

[humble]

re: Day trading Nifty & Banknifty Futures

BNF at 50% retracement from the lows. It removed yesterday's 38.2% retracement resistance at 14900 by a gap-up. Interesting how markets respects Fibonacci.

 

[ap*]

re: Day trading Nifty & Banknifty Futures

picked up 7600 call just now.. target 10 points with sl of 10 points on the other side.

Sold and exited at 8 point profit.

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

picked up 7600 call just now.. target 10 points with sl of 10 points on the other side.

Sold and exited at 8 point profit.

7600 call ,low 62 , high 70, low - high difference is just 8 points=> u caught both

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

7400 , today or tomorrow ?

my analysis not too bad , just 160-170 point difference