Day Trading Stocks & Futures

Taiki

Well-Known Member
very short term ----> day trading perspective
BN might bounce back---again. s/l tsl looks a very important if b/o happens and fails.
its a hourly double bottom(unconfirmed) with good RSI divergence.
BN spot hrly.
To me also BANKNIFTY appears strong (only intraday) after this gap down. Atleast they will try to defend the low at 25300,, If it holds might give some long setup with the bounce..

NIFTY as well might try to test PDH if it crosses and sustains above 15m opening range high
 

rahulmalik

You only lose what you cling to.
Thanks Rahul. On intraday 1 min chart, I notice some price gaps on the spot chart. Is it normal for this stock or is it my charting system?

Since the market is trending nicely, I plan to do more swing trades. This one looks like a good stock for swing trading.
I saw some price gaps too, but that may be coz of low volumes in cash ? not sure about it. Yes it is indeed a good stock for swing trades. I see banks NBFCs bouncing today. i will be closing watching CAPF if at all it goes to 525 spot levels.
 

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