Day Trading Stocks & Futures

[travi]

Just a few trading days ago, 3rd March, I posted a closing volume and price indication of strength on buying side.
Today mornings analysis was supported by the same conditions.
It was a pure gut move that paid off really well.

Had expected a small gap up, but since it didn't happen, waited for first bar to close and watch the rocket fired on next bar :clapping:

 

[pannet1]

Where is Mr. TraderRavi ?

Could have gone to ATM to get some cash. After all its Mount Everest and he needs to go out when its sunny. :lol:

 

[Chandiran]

Niftyis not moving at all,Boring Days For Nifty Traders

 

[monkeybusiness]

Just a few trading days ago, 3rd March, I posted a closing volume and price indication of strength on buying side.
Today mornings analysis was supported by the same conditions.
It was a pure gut move that paid off really well.

Had expected a small gap up, but since it didn't happen, waited for first bar to close and watch the rocket fired on next bar :clapping:

Took positional long yesterday @XX697, based on same observation. TSL hit @750:thumb::thumb::thumb:

 

[vivektrader]

Just a few trading days ago, 3rd March, I posted a closing volume and price indication of strength on buying side.
Today mornings analysis was supported by the same conditions.
It was a pure gut move that paid off really well.

Had expected a small gap up, but since it didn't happen, waited for first bar to close and watch the rocket fired on next bar :clapping:

Do you see these progressively rising volumes towards market close or as such a jump in volume towards the end?
Also there was not much change in the price during closing stages in bank nifty.

 

[XRAY27]

Just a few trading days ago, 3rd March, I posted a closing volume and price indication of strength on buying side.
Today mornings analysis was supported by the same conditions.
It was a pure gut move that paid off really well.

Had expected a small gap up, but since it didn't happen, waited for first bar to close and watch the rocket fired on next bar :clapping:

Good charts travi bhai !!!

Do you see these progressively rising volumes towards market close or as such a jump in volume towards the end?
Also there was not much change in the price during closing stages in bank nifty.

This is called volume divergence and it works with excellent strike rate in both daily and intra time frames ..it is one of the favorite setups i trade

 

[XRAY27]

Took positional long yesterday @XX697, based on same observation. TSL hit @750:thumb::thumb::thumb:

my position tsl is @ 585 spot...different methods and approaches

 

[travi]

Do you see these progressively rising volumes towards market close or as such a jump in volume towards the end?
Also there was not much change in the price during closing stages in bank nifty.

Guys can note the bullish flag formation in the last 4-5 candles of yest.

Few key things here Vivek Bhai, which is most likely,

1. Smart money rarely uses Market orders, huge buying is best done at Limit.
therefore, when you see large volumes and small candle range,
think of it this way.
Only retail with 1-5 lot traders use Mkt Orders.

2. When you see progressively large volume, your confidence gets stronger.

3. All MIS, auto-sq orders etc clear by 3:20, so when you see that powerful 3:25 bar, its definitely strong hands.

4. Those who bought yesterday have wider SL and therefore always wait for a conclusive move if not supported by gaps.
If gaps exist, like at VAH/VAL etc we can almost blindly take the move.

 

[vivektrader]

Guys can note the bullish flag formation in the last 4-5 candles of yest.

Few key things here Vivek Bhai, which is most likely,

1. Smart money rarely uses Market orders, huge buying is best done at Limit.
therefore, when you see large volumes and small candle range,
think of it this way.
Only retail with 1-5 lot traders use Mkt Orders.

2. When you see progressively large volume, your confidence gets stronger.

3. All MIS, auto-sq orders etc clear by 3:20, so when you see that powerful 3:25 bar, its definitely strong hands.

4. Those who bought yesterday have wider SL and therefore always wait for a conclusive move if not supported by gaps.
If gaps exist, like at VAH/VAL etc we can almost blindly take the move.

Thanks Ravi bhai, I also found one:

 

[monkeybusiness]

Thanks Ravi bhai, I also found one:

Doctor saab is fast to catch up. :thumb::thumb::thumb:
Ability to do specialization in medical requires very high level of intelligence. Hence learning curve for Vivekbhai is shorter than most of us.
:clap::clap::clap: