Day Trading Stocks & Futures

[rahulmalik]

Look at Apollotyres, bata india for downside, Ptronet for sell side? REC ltd bottom fishing?
Lupin upside?

u reminded me of bata , which i shorted at around 974 and exit at cost, and now 862 in just 5 / 6 trading days

But now it is on imp daily support , so might bounce from here. I will be looking forward to buy it above 880

 

[Riskyman]

u reminded me of bata , which i shorted at around 974 and exit at cost, and now 862 in just 5 / 6 trading days
But now it is on imp daily support , so might bounce from here

That was when you shorted, it went up about 10 rs. You would have been stopped anyways. And lost money. Be happy now

 

[timepass]

Guess I did not miss any action.. lul day so far.

NIFTY is falling smothly since 2 days while BANKNIFTY is holding. How do you guys see this ??

RBI policy effect. BN is holding waiting for the interest rate decision. We should see it's move near EOD today.

 

[nitingosavi]

Bought Relinfra fut @ 298 s/l below 289 Holding.

 

[rahulmalik]

That was when you shorted, it went up about 10 rs. You would have been stopped anyways. And lost money. Be happy now

yes true, and thanks for highlighting this stock, its back on my watchlist

 

[Riskyman]

Im Long Lupin in cash at 850. Lets see where it takes me.

 

[Pradeep Narayan]

Short TS Eq @ 569
SL 572, TP 555

 

[headstrong007]

swing traders getting all the meat

We day traders are getting more meat using BO, CO. We are using more than 5 times leverage than swing traders so 50 points means 250 pt from swing.
We have more advantage with trailing stop, partial booking and protection against gap down and gap up also. Day trading is double edged sword, if u know how to use it its like u are playing with double weapons.
Fortunately the gap down was not so big in Nifty and we day traders get enough meat. Using intraday leverage its 5 times more than swing traders.

 

[headstrong007]

Volatility is increased in market, during RBI event we may see very sharp spike and big slippage in futures.
Got enough profit, this time I will play with weekly options with limited risk.

Probably, Bank Nifty is preparing for a big move, the price band is squeezing. Can explode anytime.
Tighten your seatbelt and be ready with momentum indicators u have.
Bank Nifty is creating a Flag like pattern, watch for the break out.

 

[headstrong007]

As I said, bank nifty broken out the flag and instant big spike.