Day Trading Stocks & Futures

[Raj232]

Heeee.. finally slipped

WOW.. completed sell and then buy.. no positions now ..

100 point move in 20 mins.. whole day was in 30 point range.

Whole day BNF was desperate to go down.. below 25480 ..
now it is desperate to remain above 25500.. such is BankNifty.

However still it can go till 25450 today or tomorrow.. so play safe..

 

[Raj232]

WOW.. completed sell and then buy.. no positions now ..

100 point move in 20 mins.. whole day was in 30 point range.

Whole day BNF was desperate to go down.. below 25480 ..
now it is desperate to remain above 25500.. such is BankNifty.

However still it can go till 25450 today or tomorrow.. so play safe..

Now that 25450 also is hit.. not sure where it will go.. seems like 25480 is the Lakshman Rekha.. so it will close there only..

Todays expiry can be at 10500 for Nifty and 25500 for Banknifty.

 

[Shiv12345]

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!?!?!?

Aaj ka nichor .... Combo failed (due to one of the DULLiest expiries ever in the history of mankind) .... Sold at 4.50 .... Purchased at 9.50 during early morning ... Did not feel the urge to average due to lack of movement ... Nifty 10500 PE saved the day for me ... Covered 60% losses ... Bought at 8.30 ... Sold 10 minutes ago at 17.65 ...

 

[Raj232]

Even at 3:20 Pm Nifty Bank Futures was quiting at Rs 20 premium from Index.

BankNifty 25500 CE was approx 260 yesterday... today at 3:20 pm .. less than Re 1
BankNifty 25500 PE was approx 100 yesterday... today at 3:20 pm .. less than Rs 10

At 3.29 pm BankNifty Index is 25424, and BankNifty Future is 25491
.. difference of almost 70 points

 

[Shiv12345]

Ha ha ha ... New trade taken for next week (in Frustration) ... Bought BN combo (4th Jan 2018) 25200 PE & 25700 CE at 110 (55 each) .... Lucrative Price!!! Lets see ... Anticipating some movement from 1st Jan ....

 

[Raj232]

Aaj ka nichor .... Combo failed (due to one of the DULLiest expiries ever in the history of mankind) .... Sold at 4.50 .... Purchased at 9.50 during early morning ... Did not feel the urge to average due to lack of movement ... Nifty 10500 PE saved the day for me ... Covered 60% losses ... Bought at 8.30 ... Sold 10 minutes ago at 17.65 ...

Todays expiry was somehow rangebound due to lack of volumes (i suppose) the movements was quick but did not have much direction. But still BankNifty 25500 CE hit 3 times Rs 50, 50 and 40 levels around 1.50 pm onwards
.. and hit lower levels of Rs 22 ... but eventually closed at zero.
Tough day today.. !!!

 

[Raj232]

Ha ha ha ... New trade taken for next week (in Frustration) ... Bought BN combo (4th Jan 2018) 25200 PE & 25700 CE at 110 (55 each) .... Lucrative Price!!! Lets see ... Anticipating some movement from 1st Jan ....

Thought SBI would end in green today .. but it closed -2% (in RED) even after Capitalization news today for board nod to raise Rs 8000 Crores.

I think this Nifty/Banknifty rally is almost over. henceforth I'll concentrate more on PUTS during downside.

Hoping that BankNifty deflates from 25,500 to 20,000 after 31-Dec-2017. It has been dancing since long at high levels with recapitalization and other news but still not able to give good movement.
Seems BANKNIFTY is highly overvalued.

Once it deflates to 20K and all its 'Gas' is removed, then BankNifty can climb successfully.. when it has to climb

 

[Shiv12345]

Thought SBI would end in green today .. but it closed -2% (in RED) even after Capitalization news today for board nod to raise Rs 8000 Crores.

I think this Nifty/Banknifty rally is almost over. henceforth I'll concentrate more on PUTS during downside.

Hoping that BankNifty deflates from 25,500 to 20,000 after 31-Dec-2017. It has been dancing since long at high levels with recapitalization and other news but still not able to give good movement.
Seems BANKNIFTY is highly overvalued.

Once it deflates to 20K and all its 'Gas' is removed, then BankNifty can climb successfully.. when it has to climb

The most surprising part was that HDFCBANK & ICICIBANK performed so well ... still it couldn't help Bank nifty much .... Also, not to forget the weirdest thing I noticed for the first time in my trading career is the way option premiums were just not falling till the very end. It normally doesn't happen.

 

[Raj232]

The most surprising part was that HDFCBANK & ICICIBANK performed so well ... still it couldn't help Bank nifty much .... Also, not to forget the weirdest thing I noticed for the first time in my trading career is the way option premiums were just not falling till the very end. It normally doesn't happen.

Today was sellers day.. will need to analyse more..
will not want to into tough situation again in future..
we are here to make quick money .. not keep watching the screen

 

[traderniftybull]

Thought SBI would end in green today .. but it closed -2% (in RED) even after Capitalization news today for board nod to raise Rs 8000 Crores.

I think this Nifty/Banknifty rally is almost over. henceforth I'll concentrate more on PUTS during downside.

Hoping that BankNifty deflates from 25,500 to 20,000 after 31-Dec-2017. It has been dancing since long at high levels with recapitalization and other news but still not able to give good movement.
Seems BANKNIFTY is highly overvalued.

Once it deflates to 20K and all its 'Gas' is removed, then BankNifty can climb successfully.. when it has to climb

Its typo
or
you really mean BN to 20000.
Then be ready for NIFTY below 9500