Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
No probs, let me clarify
On a daily chart the Fibo Levels in swing from 493 to 645 are 587, 569 (50%) & 551 approx.
My first was a short at 569 on a pullback from today's low, that had an SL 572.
This got hit, so now my current position is Long 572 with SL 565 & TP 585 (near Fibo Level)
If this goes well, a new short around 586 will be opened
On a daily chart the Fibo Levels in swing from 493 to 645 are 587, 569 (50%) & 551 approx.
My first was a short at 569 on a pullback from today's low, that had an SL 572.
This got hit, so now my current position is Long 572 with SL 565 & TP 585 (near Fibo Level)
If this goes well, a new short around 586 will be opened
Found an exit in Lupin at 581 
Thanks for the explanation. Much appreciated.
Since you are trading in cash, wont you have to close your positions by 3:20 PM? Or is it like BTST?
No probs, let me clarify
On a daily chart the Fibo Levels in swing from 493 to 645 are 587, 569 (50%) & 551 approx.
My first was a short at 569 on a pullback from today's low, that had an SL 572.
This got hit, so now my current position is Long 572 with SL 565 & TP 585 (near Fibo Level)
If this goes well, a new short around 586 will be opened
On a daily chart the Fibo Levels in swing from 493 to 645 are 587, 569 (50%) & 551 approx.
My first was a short at 569 on a pullback from today's low, that had an SL 572.
This got hit, so now my current position is Long 572 with SL 565 & TP 585 (near Fibo Level)
If this goes well, a new short around 586 will be opened
Since you are trading in cash, wont you have to close your positions by 3:20 PM? Or is it like BTST?
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