Day Trading Stocks & Futures

travi

Well-Known Member
BNF 21780 ke aas paas short kare??
SL 40 Point TGT 150 POINT
Day has just started :D like we had the whips yest.
The 150 pt was yesterdays expectation in light of Tuesday's upmove where Bears re-aligned themselves hence so much Vola yest in BN.

Today 700 appears to be where the fight is but closing day under 600 or over 800 would result in loss for mkt makers.

Shorting so early in day will whip u, but can definitely scalp.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Hi Tuna,

thanks for replying on my earlier post, means if 2 previous fractal band line broke on closing basis on daily chart this means that we are in bearish trend ?
Trend is bullish as long as we are above STI on daily chart. Breaking down of fractal shows pullback (which may lead to trend reversal if it is an important fractal) - similarly breaking up of up fractal is new momentum is existing trend (or possible reversal, in case it is a bearish trend).
 

stock_mani

Well-Known Member
Trend is bullish as long as we are above STI on daily chart. Breaking down of fractal shows pullback (which may lead to trend reversal if it is an important fractal) - similarly breaking up of up fractal is new momentum is existing trend (or possible reversal, in case it is a bearish trend).
ok means fractal is just for identify support and resistance area for pullbacks in trending markets (can use these pullbacks in 3 min TF if current trend is not broken).
Just curious to know about range bound moves in a stock/ index to identify thru fractal .... thanks in advance.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
ok means fractal is just for identify support and resistance area for pullbacks in trending markets (can use these pullbacks in 3 min TF if current trend is not broken).

Just curious to know about range bound moves in a stock/ index to identify thru fractal .... thanks in advance.


Fractals are support resistance- sort of


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headstrong007

----- Full-Time ----- Day-Trader
Bloodbath on the Infy stock, swing was around 4% on both sides :lol:
Infy hit my stop losses in morning spike..
but.. chornewala nahi.. shorted again below 944 fut got Rs 8 later.. Overall net small loss.. difficult to trade infy on result day..neither sup res nor indicators works..
Finally long in Bnf saved the day..in last 10 min... Very late move not surprised.. exp move was due..waited for long..

But fast move after 3:20 is rare on exp day... market is changing due to weekly exp..
 

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