Day Trading Stocks & Futures

[kharikumaar]

even with the banknifty index in the negative, the calls are over 15-20 % higher

 

[TraderRavi]

even with the banknifty index in the negative, the calls are over 15-20 % higher

vix effect due to RBI policy.

 

[Riskyman]

Hindalco down 4%. Metals taking a knock today

 

[Riskyman]

vix effect due to RBI policy.

Hows your trading today? Making magic in BN?

 

[TraderRavi]

ICICI Securities on PSU Oil Companies

The government has announced Rs 2.5 per litre reduction in petrol and diesel prices to lower the burden on customers due to rising crude oil prices. The central excise duty has been cut by Rs 1.5 per litre while oil marketing companies (OMCs) have been asked to absorb a cut of Rs 1 per litre.

This move by the government will have a substantial impact on the profitability of OMCs with BPCL and HPCL profits declining around 28 percent and around 39 percent, respectively on an annual basis.

The current action by the government has put a question mark on the free pricing mechanism for petrol and diesel by OMCs. This move will create a lot of uncertainty in future with regard to OMC’s profitability especially during times of high crude oil prices and elections.

Hence, we cut our earnings multiples of OMCs and remain cautious on them given the high volatility in crude oil prices and due to upcoming elections.

https://www.moneycontrol.com/news/b...ove-10500-hpcl-bpcl-ioc-crack-20-3015141.html

 

[TraderRavi]

Hindalco down 4%. Metals taking a knock today

TS down to 574 , hindalco , VEDL all down 4%

 

[TraderRavi]

Hows your trading today? Making magic in BN?

no trades so far . BNF doing chip chop

 

[Riskyman]

TS down to 574

Its been range bound. @bpr and @nitingosavi also looking fed with it like me.
Who knows it may follow Hindalco today.

 

[primitivetrader]

bnf intra first bar seems like selling climax. if price test today's as off now low with low vol long set up may happen if first bar breakout and res test of its high happen low risk long may happen. breakdown of first bar and res test look for short. tf 3 min.
first bar is active support/ resistance for rest of the day.

gone long at test of low uptrend may come . very low risk entry.

 

[TraderRavi]

Its been range bound. @bpr and @nitingosavi also looking fed with it like me.
Who knows it may follow Hindalco today.

its bpr's fav stock.