Day Trading Stocks & Futures

[Raj232]

Looks like the top is done for BankNifty. Little short covering happened, but not much momentum. Probably will slide back to 25,450... but lets see..

With Volatility come down after 2.5 hrs of upmove, premiums of both put and call have come down drastically.
25500 CE lost Rs 3 and 25500 PE lost Rs 91 today from yesterdays close

 

[Shiv12345]

Guys ... Do you think the ongoing news of "Indian Government asking for Parliament's approval to spend extra 12 billion US dollars for Bank recapitalisation" will have any major impact on Banknifty??

 

[Shiv12345]

Deja vu!! Again ... Took a Banknifty combo 25200 PE & 25700 CE at total cost 110 (lucrative cheap price even when VIX is relatively high) just before closing. Target open .... So far it has closed at 115 or so ... In case of rangebound movement, I will have to sell each side one by one when at peak ... Lets see ... Fingers crossed ...

 

[Raj232]

Guys ... Do you think the ongoing news of "Indian Government asking for Parliament's approval to spend extra 12 billion US dollars for Bank recapitalisation" will have any major impact on Banknifty??

In case it is passed by parliament, maybe the news can be hyped to that there is some upside. Not sure last time recapitalization amount and this time. But for sure recapitalization is not good in the long run !

 

[Raj232]

Deja vu!! Again ... Took a Banknifty combo 25200 PE & 25700 CE at total cost 110 (lucrative cheap price even when VIX is relatively high) just before closing. Target open .... So far it has closed at 115 or so ... In case of rangebound movement, I will have to sell each side one by one when at peak ... Lets see ... Fingers crossed ...

Today there was slow buying from 25,310 till 25,475. So this was a missed opportunity today.. (although I did not plan to trade this week .. only watching).
25,400 CE went from RS 16 to Rs 69

 

[afin]

Additional bank recap of 60,000 crores has just been announced. This should lift the bank stocks I am guessing! I am gonna buy the calls tomorrow

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[Shiv12345]

Deja vu!! Again ... Took a Banknifty combo 25200 PE & 25700 CE at total cost 110 (lucrative cheap price even when VIX is relatively high) just before closing. Target open .... So far it has closed at 115 or so ... In case of rangebound movement, I will have to sell each side one by one when at peak ... Lets see ... Fingers crossed ...

Fir toh balle balle kal!! Yaa fir mujhe subhaah subhaah CE pehle bechnaa hoga ....

 

[afin]

Today there was slow buying from 25,310 till 25,475. So this was a missed opportunity today.. (although I did not plan to trade this week .. only watching).
25,400 CE went from RS 16 to Rs 69

Me too! I gave up trading nifty and bank nifty totally. I should buy a call tomorrow.

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[afin]

Fir toh balle balle kal!! Yaa fir mujhe subhaah subhaah CE pehle bechnaa hoga ....

Do you plan to hold it for a little longer? It could rally all the way till 1 pm ish

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[Shiv12345]

The probabilities are very simple for tomorrow. Either tomorrow shall be a trending day and nifty may just surpass toughest WALL of 10550. Or once again, there may be big gap up tomorrow only to fizzle out later as 10550 may prove to be an obnoxious weed AGAIN. What do you guys think? GDP estimates are also coming up tomorrow (though I suppose it would be announced after market hours).