Day Trading Stocks & Futures

[Shiv12345]

kahan ka flash crash ...

100 he toh gira hai ..

why everyone loses their head even though the magnitude of fall was equivalent to some trending days when nifty moved 100 ,150+
we are still bull in long term

Yup ... I still do not see any major anomaly in the overall trend. By 'Flash Crash', I meant to highlight the speed of quick 55 points being shaved off from Nifty index post 2:56 PM .... Similar was the speed of rise in index during last Friday ... Now I shall focus on 25200 PE and 25700 CE for next three days. I am expecting that one of them should give couple of chances to make bucks ...

 

[Raj232]

Yup ... I still do not see any major anomaly in the overall trend. By 'Flash Crash', I meant to highlight the speed of quick 55 points being shaved off from Nifty index post 2:56 PM .... Similar was the speed of rise in index during last Friday ... Now I shall focus on 25200 PE and 25700 CE for next three days. I am expecting that one of them should give couple of chances to make bucks ...

Friday had Flash Crash and Flash recovery as well in BankNifty. Today was a flat day but afternoon had some movement (downward)

 

[Shiv12345]

Friday had Flash Crash and Flash recovery as well in BankNifty. Today was a flat day but afternoon had some movement (downward)

Believe it or not, there is still a chance of VIX cooling off within next couple of days and with that all BN weekly PEs will fall like HOUSE OF CARDS. Will try to make some money from 25700 CE. However, if the premium erodes too quickly due to VIX cooling off then I shall shift to 25600 CE or even 25500 CE accordingly. This is because I still do not think that VIX can rise further towards 15% or even 16% or more ... It's highly unlikely ... Unless there's some major sell off globally, I dont see VIX rising much further.

 

[Raj232]

Believe it or not, there is still a chance of VIX cooling off within next couple of days and with that all BN weekly PEs will fall like HOUSE OF CARDS. Will try to make some money from 25700 CE. However, if the premium erodes too quickly due to VIX cooling off then I shall shift to 25600 CE or even 25500 CE accordingly. This is because I still do not think that VIX can rise further towards 15% or even 16% or more ... It's highly unlikely ... Unless there's some major sell off globally, I dont see VIX rising much further.

I was about to post that while buying CE use Nifty and while buying PE use Banknifty. In the last 30 mins or 1 hr, Banknifty CEs also lost value.

Somehow the movement in indices is a bit strange, not sure which new desi players have entered the market playing PSU

Nifty and Banknifty not moving together any more.
SBI and ICICI not moving together anymore.

 

[Shiv12345]

I was about to post that while buying CE use Nifty and while buying PE use Banknifty. In the last 30 mins or 1 hr, Banknifty CEs also lost value.

Somehow the movement in indices is a bit strange, not sure which new desi players have entered the market playing PSU

Nifty and Banknifty not moving together any more.
SBI and ICICI not moving together anymore.

Nice observation ... Though I do not want to make this conversation into a 'POLITICAL' one. But I have noticed that DII figures started changing rapidly approximately after 8th November last year. May be someone advised amateur 'desi' lala(s) to start pouring money into markets through Mutual Funds and other investment & saving schemes. Simultaneously, I also witnessed the change in tone of several brokerage houses and advisory firms. They began admiring the strength of HNIs & DIIs as compared to FIIs and claimed that they can make a big difference if they keep buying this already elongated rally (of course both PSU and Private banks saw biggest inflows)

 

[Shiv12345]

Here we go ... Juice completely sucked out of BN weekly Puts & Calls during first half of today's session. I must say it was very well planned by option writers.

 

[Shiv12345]

Now focussing on only two: BN 25200 PE & BN 25500 CE ... Both are at 70 approx ... Going for Combo trading can be suicidal at this moment (because VIX can again fall into negative zone). Not at all a good idea ... But one of them should give a nice opportunity to make profits today .... For Nifty index, I believe 10175 is the crucial point (big support).

 

[ap*]

Shivji, dont you think the vix can visit 20 ? its been a while since that happened. In a falling it market dont you think its better to be short and monitor the vix reversing rather than look at opportunities to go long fearing vix correction.

 

[Shiv12345]

Shivji, dont you think the vix can visit 20 ? its been a while since that happened. In a falling it market dont you think its better to be short and monitor the vix reversing rather than look at opportunities to go long fearing vix correction.

Sure it can reach higher levels ... I still remember the day when VIX touched the sky and markets touched ground (infact basement) couple of years ago (I suppose it was August 2015 or so) ... It took only one single news (that China started depreciating its currency on its own) ... Hence, it takes one big blow and markets start bleeding like anything.

 

[Shiv12345]

First quick trade done for today .... Bought BN 25500 CE around 53 ... Sold at 61 ... One would be surprised to know how I set up the Stop Loss for this ... Since Nifty & BN are in sync for today, I set my Stop Loss at Nifty 10175 level (rather than at any Bank Nifty level) ... This type of SL can only be set when both Nifty & BN are looking in SYNC ... But setting a SL in this manner can also be dangerous ... Looking for my second trade for today ... Any ideas?? Please share ...