Day Trading Stocks & Futures

[travi]

NF over 9k but BNF jhand

BNF is in bullish formation at 20890.
Same level was shorted and ultimately scalped 12pts but volumes are low so we'll have more choppiness.
Even 20900 OI is bearishly biased 4:1
so we can only expect 20800 to hold.

 

[Tuna]

Another +16 X MLot - Man it takes surgical precision to trade in this narrow range - not worth it. Let it dip a bit, shall cash in the upsurge on EU Open.

 

[TraderRavi]

some problem in NSE index rates are not moving

 

[travi]

some problem in NSE index rates are not moving

Mere bhai, OI chain dekho, something is brewing

 

[Tuna]

VWAP is flat, Sellers more than Buyer - so sudden downmove of 2 days suddenly got the 'Contrawali Khujli' infected to retailers mind. I am not saying they will be or must be wrong.

I am anyways out with my day's harvest. So don't care on day's closure stat. But here is the thing to watch for the much fun filled "Choloromint Setup" :

• Primary Trend - Bullish
  
• Price Above STI on 3 mins - Yes
  
• Price Above VWAP on 3 mins - Yes
  
• Sellers More than Buyers - Yes !!

The last thing needed for closing the trap door - Take STI above VWAP, and wait for the auto-square off window

SL is at DL. Let see how it goes today. I am on sideline

Action Replay, Seems the stagnation on BRN is a decoy, there is not enough resistance, index not moving as the buyers are waiting. Sellers > Buyer, need more fishes in the trap. May be a fake pullback will do.

 

[TraderRavi]

Mere bhai, OI chain dekho, something is brewing

huge calls buying in 21000/21100 at 1-10 Rs

 

[travi]

huge calls buying in 21000/21100 at 1-10 Rs

Good observation.
Buying are for sure tukka traders (not a pot shot for hedgers etc) bcos the writers seem to be damn sure it'll expire OTM.

Also, 20700 puts are guarded well but 20800 ones aren't so sure.
Aaj BN +/- 100-150pt swing seems to be in horizon.

 

[Tuna]

+12 on NF more - Man, It is like picking penny from Ganga riverbed in Har Ki Pouri. But, considering total since morning is not bad actually (+35 nightrider, +16,+12). Will not take anymore risk. Let it pullback to break & sustain.

 

[rjshem]

breakout watch heromotoco.all cement companies leading the rally.

 

[TraderRavi]

chop chap chopiness :annoyed: