Day Trading Stocks & Futures

[vikas2131]

SEBI may consider daily price limits/circuit filters for F&O segment as stock prices halve The steep fall in 1 stock often has a domino effect as players who lose heavily in tht stock start unwinding positions in other stocks or futures to make up for the losses

https://www.moneycontrol.com/news/b...fo-segment-as-stock-prices-halve-3009171.html

 

[Riskyman]

25100 put closed at 370 just now bot at 128 yesterday EOD. so good profit in it. chalo kuch to mila.

Overall structure very weak in the market. I am not talking about the Index alone. Just look at the entire market and you will so much bearishness in Mid caps/small caps & even in large caps.
Since the market is so weak, traders should utilize any bounce in the market to build a short positions. Specially when there is multiple rejections at higher levels. Stops can be placed at recent swing tops. Gapping down market are never good for Day traders as most of the move is already taken away by the gap. Therefore, a trader should also have some swing positions. If one is scared to take positions in futures then puts/calls can be considered.

 

[bpr]

When everything going to shit TS be like

 

[Riskyman]

When everything going to shit TS be like

Hahaha Yes. TS & Hindalco both. You long positional in TS?

 

[rahulmalik]

Thanks Riskyman ! You technical teachings have been wonderful Your suggestions, and your expert guidance , are my bible now

 

[bpr]

Hahaha Yes. TS & Hindalco both. You long positional in TS?

Also JS.
I won't call it positional rather swing Long. Took fresh position today as yesterday SL hit.
yesterday gave up all profits in TS as away from terminal last half..
I need big movements to make money this is ranging for me.

 

[Riskyman]

M&M tests 808 today?

 

[headstrong007]

Bank Nify Spot took support near 24678 (25th sept low). IMP LEVEL not breached. So. up (short term) possibility..
Any break of that low is opportunity to short only.

 

[Riskyman]

Also JS.
I won't call it positional rather swing Long. Took fresh position today as yesterday SL hit.
yesterday gave up all profits in TS as away from terminal last half..
I need big movements to make money this is ranging for me.

Yes I agree with you about the range. Even VEDL was stuck in a range for sometime. This is a problem with the Metal stocks. They go up 2-3% in one day and the next day they come down by as much. Have you considered profit booking a bit more aggressively?

Hindalco is ranging but on hourly I see the range expanding which I am sure you are aware. Also, JS on the daily is making lower tops/lower bottoms. Is this a pull back play you are looking at in a downtrend? Just curious to know your ideas

 

[vikas2131]

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