Day Trading Stocks & Futures

[siddhant4u]

ITC weekly chart

 

[Raj232]

I don't think recovery will be any strong. it could just be a last hr pull back.
Cant say about next day. All opinions are limited to intraday.

Yes, the main problem with intraday is most of the traders look for bouncebacks, also we think of some predefined levels, due to with we dont focus on the chart but keep thinking about whether is bounce back is happening

 

[Riskyman]

Tata steel is down to 484. Small support at 480.. If it breaks (likely) then a retest of previous support at 460 can be on the cards.

Relcap and Rinfra are moving 3-4% everyday. Wonderful moves for intraday if one can catch them.

 

[Raj232]

From Rs 705.2 to 0.05 !!

 

[Raj232]

From Rs 3 to 175 intraday !!!

Who knew 31000 PE was a Hero ?

 

[iwillwin]

ITC weekly chart

View attachment 35288

ITC breaking down...if 270 broken, then lower level coming

 

[sr114]

Tata steel is down to 484. Small support at 480.. If it breaks (likely) then a retest of previous support at 460 can be on the cards.

Relcap and Rinfra are moving 3-4% everyday. Wonderful moves for intraday if one can catch them.

Riskyman
Any reason for Tatasteel to come down from 500 level twice and what is happening in this counter?

tia

 

[TraderRavi]

shorters ne crude ko maar maar ke khatam kar diya

 

[Riskyman]

Riskyman
Any reason for Tatasteel to come down from 500 level twice and what is happening in this counter?

tia

I am not sure as to why it has come down from 500 level specifically. But on the daily, its been in a down trend from 700 levels which is likely to continue. I expect TS to break 460 this time and head down to 390 levels as the Metal Index is looking at further correction (Trade wars/Demand woes etc). If the Metal Index holds on to 2800 then a bounce in this sector is possible and downside targets will go to the trash bin.

On the News side the JV with thyssenkrup went bust which is a negative for the stock.

 

[Riskyman]

shorters ne crude ko maar maar ke khatam kar diya

44 usd mein wapis bhej do!!