Day Trading Stocks & Futures

[afin]

As long as its works for you my friend

I sure hope it does!!

Sent from my Redmi Note 4 using Tapatalk

 

[Shiv12345]

First trade done!! Even after surpassing BN index level 25400, Banknifty did not sprint at a quick pace. Consolidation was inevitable (in order to eat premiums of both sides). Took advantage of it and shorted ICICIBANK (in cash) around 315.50 and bought it at 314.80 .... Enjoy!!

 

[Raj232]

.

First trade done!! Even after surpassing BN index level 25400, Banknifty did not sprint at a quick pace. Consolidation was inevitable (in order to eat premiums of both sides). Took advantage of it and shorted ICICIBANK (in cash) around 315.50 and bought it at 314.80 .... Enjoy!!

Not much strength in legs of Nifty/BankNifty .. wiating for consolidation to complete. Some more downside in 1-2 days possible.

 

[Raj232]

Continuous sideways movement throughout the day after initial upmove shows that there are no BIG buyers/sellers in this market who are playing intraday. Whatever has been set for the day is what it is.

In such situation technical analysis or fundamental analysis is of no use for intraday trading. Any thoughts ?

 

[Shiv12345]

Very confusing ....

 

[Raj232]

Continuous sideways movement throughout the day after initial upmove shows that there are no BIG buyers/sellers in this market who are playing intraday. Whatever has been set for the day is what it is.

In such situation technical analysis or fundamental analysis is of no use for intraday trading. Any thoughts ?

At the end of the day, I feel it will close near yesterday close level. So only premium eaten for those who are holding calls/puts.
Bank Nifty has lost quite a lot of charm because of PSU/private bank categorization. Today, SBi is trading flat, ICICI is up 1.65%, HDFC is down 0.85% Previously, all 3 big banks used to move together along with Nifty

 

[Raj232]

At the end of the day, I feel it will close near yesterday close level. So only premium eaten for those who are holding calls/puts.
Bank Nifty has lost quite a lot of charm because of PSU/private bank categorization. Today, SBi is trading flat, ICICI is up 1.65%, HDFC is down 0.85% Previously, all 3 big banks used to move together along with Nifty

We had one intraday selloff at 12.40pm and another at 2.25 pm. Seems like positional players selling..

No intraday buys except at opening .. Hoping that BNF moves to 25,200 support in next few days if not today

 

[Shiv12345]

Omg!! That was really tough ... Stop Loss got triggered in BN 25400 CE ... But fortunately recovered in BN 25400 PE ... But today was very tough ... Option Writers .... sambhal jaao .... ab ki baar Option buyers ki sarkaar ... Don't challenge us ... nahi toh channel shuru kar dungaa

 

[Shiv12345]

Kamaal ka din thaa ... Bulls & Bears dono ke Stop Loss udd gaye ... ha ha ha

 

[Raj232]

Omg!! That was really tough ... Stop Loss got triggered in BN 25400 CE ... But fortunately recovered in BN 25400 PE ... But today was very tough ... Option Writers .... sambhal jaao .... ab ki baar Option buyers ki sarkaar ... Don't challenge us ... nahi toh channel shuru kar dungaa

Both 25,300 and 25,400 combo lost Rs 40 each on both call and put side.