Day Trading Stocks & Futures

Smart_trade

Smart_trade

Moderator
#21,496
#21,496
re: Day trading Nifty & Banknifty Futures

Someone shared good information on TV today. In last bull market of 5 years ( where Nifty went from 1000 to over 5000) , there were 17 instances where the Nifty corrected more than 10 % so about 3 per year....these are to be used for buying in a secular bull market.

Thought it will be useful for all.

Smart_trade
 
TradeJoker

TradeJoker

Well-Known Member
#21,497
#21,497
re: Day trading Nifty & Banknifty Futures

Smart_trade said:
Someone shared good information on TV today. In last bull market of 5 years ( where Nifty went from 1000 to over 5000) , there were 17 instances where the Nifty corrected more than 10 % so about 3 per year....these are to be used for buying in a secular bull market.

Thought it will be useful for all.

Smart_trade
Click to expand...
that means a 700+pt correction is possible ?
 
Smart_trade

Smart_trade

Moderator
#21,499
#21,499
re: Day trading Nifty & Banknifty Futures

TradeJoker said:
that means a 700+pt correction is possible ?
Click to expand...
Historical data research shows that it is possible...Imagine opportunities for good traders....huuuuuuge...Achche din aa chuke hain....:D

ST
 
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