Day Trading Stocks & Futures

[pannet1]

Yeah yeah.. but the complete one is "BUY RIGHT and sit tight ... " .. question is how to know which one is right ?

if the entered trade is in green then you are right .. if not .........

 

[TraderRavi]

wow nifty in green but BN ch.... still behind

 

[Riskyman]

Nifty support/resistance as per Gann baba is 10920. Below this next stops only at 10750-770.
BN, yesterday mentioned that support was at 2 4 8 0 0. Above this can lead back to 25500. Below this next stop down down and out.
Gann baba ki Jai.

 

[sanju005ind]

Maybe @nitingosavi was right yesterday.. market might have bottomed ..
BankNifty has double bottomed as per @vikas2131 and @sanju005ind

Edit Edit : The PUT premium has shot up.. the calls have not lost much value...
something is brewing... another fall expected ??? .. play safe guys.. at least I wont be trading today

Since the conditions are bearish, market is over valued.Look for rallies to sell rather than buy.

 

[TraderRavi]

Since the conditions are bearish, market is over values.Look for rallies to sell rather than buy.

I wonder at which level short covering will start in BNF.

 

[sanju005ind]

Even on the daily chart BN is away from the 5 EMA which is 25550.It needs to be touching it before going down again.

 

[sanju005ind]

I wonder at which level short covering will start in BNF.

might have started.

 

[sanju005ind]

 

[Riskyman]

Since the conditions are bearish, market is over values.Look for rallies to sell rather than buy.

I think only rallies that last 2-3 sessions should be shorted. Otherwise shorting small rallies can get trapped.

 

[sanju005ind]

I think only rallies that last 2-3 sessions should be shorted. Otherwise shorting small rallies can get trapped.

Yes absolutely correct. Now HDFC Bank started moving when the saand moves everything will move.