Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

of late, I am missing Pratap Sir !!!

Not seen any post from him since long !!!
Any clues? Where is he nowadays??:(


Candle
He is here only. He is not posting much as he probably thinks that there are too many wise people here as someone found his methods arbitrary...:D

Smart_trade
 

ap*

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

next target 7680 tomorrow. This is my target for the calls i calls picked up at 7560 with trailing sl and a few more that i bought at 7570.
 
re: Day trading Nifty & Banknifty Futures

next target 7680 tomorrow. This is my target for the calls i calls picked up at 7560 with trailing sl and a few more that i bought at 7570.
Just some ideas and nothing personal, as this post is educational.

If you buy calls, why do you set targets? Assume market goes to 7800 and you sell your call at 7680, what a wast this would be. On Monday 7450 call was spotted and mentioned (Not in the open part of the forum) at a price of 100 INR with out any target. If with target, then it would already be sold, but now it is over 220 and still not sold.

I have no clue about your option trading, but managing this option trades after entering them brings far more profit compare just to go for a quicky. I am clear that managing them is not an easy task, but you may are interested in such kind of trading an try it. Of course a stop loss system is needed and here targets are fine, but on the long side you can try to find other ways instead of selling them with little profit.

Take care and as told: This post is just for educational purpose and nothing else.
 

ap*

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

Just some ideas and nothing personal, as this post is educational.

If you buy calls, why do you set targets? Assume market goes to 7800 and you sell your call at 7680, what a wast this would be. On Monday 7450 call was spotted and mentioned (Not in the open part of the forum) at a price of 100 INR with out any target. If with target, then it would already be sold, but now it is over 220 and still not sold.

I have no clue about your option trading, but managing this option trades after entering them brings far more profit compare just to go for a quicky. I am clear that managing them is not an easy task, but you may are interested in such kind of trading an try it. Of course a stop loss system is needed and here targets are fine, but on the long side you can try to find other ways instead of selling them with little profit.



Thanks for the post sir, im a novice in this field and i trade for a small difference of even one rupee per unit sometimes even lesser. i keep trailing sl my trades to protect my capital and due to this i loose out on many profitable trades but it has still helped me not loose my capital totally. Hence i keep short term targets and tight sls and when they get hit i dont worry or feel bad :)
 

nirav_j

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

Hi

You said it is a free to try software. okay. But what you do for data. Is the software company provides data also or we have to arrange it ourselves. If it is the later case then how you arrange/manage for it.

Thanks
I downloaded historical EOD data from NSE for a couple of years, arranged it via excel in the format needed by the software, and since then, manually update it EOD.
 
re: Day trading Nifty & Banknifty Futures

Holding 7620 (NF) and 15200 (BNF), we can see upmove :D
BNF will be in range until ......it cross 15620............once it cross...........I m 100% sure it will be blast and run towards 17 k.....:thumb:
 
re: Day trading Nifty & Banknifty Futures

BNF will be in range until ......it cross 15620............once it cross...........I m 100% sure it will be blast and run towards 17 k.....:thumb:
Arey bhai
Aap toh bahut aagey (>15600) ki baat kar rahe ho. Main to sirf aaj ke baat (>15200) ker raha hoon.
15600 k ooper ki baat to maine kii hi nahin. :D
 

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