Day Trading Stocks & Futures

[Raj232]

Some mutual fund should take the courage and start buying or selling Banking stocks.. at least some mazaa on expiry day.. this flat movement is too sleepy.

Even though index is moving up slowly. the CE options are flat or losing value ..

Lo .. back to 10500 again....

Only bots and algos are trading against each other... so no movement expected.
Nifty index touched 10500 and then down to 10490

Without a range breakout.. no price action is likely today..

 

[Shiv12345]

I suppose HDFCBANK and ICICIBANK hold the key for today ... They may do something very very dramatic today ....

 

[SarangSood]

In such flat move options in bnf are not losing value. For expiry day premiums are overvalued for no reason. So that's what making me feel wierd about.

 

[Shiv12345]

Meanwhile, SBI & ICICIBANK both now exactly at 312 level .... Moving simultaneously like brothers ...

 

[Raj232]

I suppose HDFCBANK and ICICIBANK hold the key for today ... They may do something very very dramatic today ....

Both ICICIBank and HDFCBANK have petential to go down .. as per charts.. but then charts can be wrong as well ..

 

[Shiv12345]

Bought Nifty Combo 10450 PE & 10550 CE (Dec expiry) at total price of 9.50 .... Price is really tempting .... Such available price at 9:55 AM on expiry day shows that either there will be no movement today or else it will blast towards one direction at least once in a day .... This happens when volumes are less ... Yesterday US markets had extremely low trading volumes ... Lets see ... Target open ... SL also open .... Watch out for year end's expiry today ...

This is very strange ... Combo bought during morning still HAS NOT LOST ANY VALUE even by now (11:50 AM) ... I was thinking of averaging it .... What's cooking!?!?!?

 

[Raj232]

This is very strange ... Combo bought during morning still HAS NOT LOST ANY VALUE even by now (11:50 AM) ... I was thinking of averaging it .... What's cooking!?!?!?

Not sure.. lekin daal mein kuch kaala hai

 

[Shiv12345]

Not sure.. lekin daal mein kuch kaala hai

Haha ... For once I hope aaj daal mein kuch kaala hee ho ...

 

[Shiv12345]

Meanwhile, SBI & ICICIBANK both now exactly at 312 level .... Moving simultaneously like brothers ...

HDFCBANK is showing great strength ... At least 'Ram - Lakhan' jodi (ICICI & SBI) should join HDFC Bank now ...

 

[Shiv12345]

Poore 500 (10500) ..... Jee haa ... sahi sunaa ... Poore 500 (10500)