Day Trading Stocks & Futures

[timepass]

re: Day trading Nifty & Banknifty Futures

For BNF, if this 5 min bar closes about 20 pts lower, it will form a negative divergence on stochs with 3rd bullet.

3rd bullet formed.. maybe sell below 11085.



Ravi, vo 37 kab aaya kab gaya pata hi nahi laga..

 

[boarders]

re: Day trading Nifty & Banknifty Futures

6252.45 is days high.. if its broken, 6320 is next stop for this bullet train

6300 ce has 62 lakhs with addition of 2.93 lakhs
6300 pe has only 15 lakhs with addition of 5.9 lakhs

6200 ce has 42 lakhs with addition of 0.5 lakhs while 6200 pe has added 10 laks but total is equal to 6200 ce of 43 lakhs

so 6200 has 50-50 chance of holding while upwards from here the ces are much stronger by factor of more than 4x.

and again at 6250 the market reversed.

thus I figured the top as 6250

 

[XUV-500]

re: Day trading Nifty & Banknifty Futures

long 6212 , sold 6265 , +53
shorted @ 6261 , covered 6249 , +12

may or may not trade now.......

can u tell reason behind sell at 6261 ?

 

[HEM]

re: Day trading Nifty & Banknifty Futures

Some gyan on my today's NF trades :-


(1) took long above first 5 min bar 9:20 bar high........ booked 1/2 at closing of 9:40 bar and rest 1/2 booked below 10:05 bar( doji).

Reason for long trade :- look at formation of 9:20 candle and volume........ hammer formation, long tail and high volume bar(comparatively high volume than yesterday last 67 bars)
Reason for booking 1/2 at closing of 9:40 bar :- because that bar is WRB bar ( wide range bar) and EOM bar( End of move bar)
EOM bar( End of move bar) - where trend ends or exhaust with high volume bar


(2) again took short trade( scalp trade) below 10:05 bar low with sl of that bar high.......booked 1/2 at 20 points and still holding 1/2..... with one add below 5 min 10:55 pl low and 15 min 11:00 pl low

Reason for short trade( scalp trade) :- BOF and very favourable R/R




HEM

 

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

ye nifty kaha bhi nahi chalte 6150 se.
in 5 min chart trendline giving support & resistence both for nf
:annoyed::annoyed::annoyed:

 

[timepass]

re: Day trading Nifty & Banknifty Futures

For BNF, if this 5 min bar closes about 20 pts lower, it will form a negative divergence on stochs with 3rd bullet.

3rd bullet formed.. maybe sell below 11085.

Negated.. now 5 bars overbought.. maybe BNF will touch 11300 today itself

 

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

nifty trying to down and cutt previous low 6142

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

can u tell reason behind sell at 6261 ?

spot resistance @ 6250.........

 

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

step down from running train (6100pe). but made some profit.
:thumb::thumb::thumb:

 

[Trader_PK]

re: Day trading Nifty & Banknifty Futures

Some gyan on my today's NF trades :-


(1) took long above first 5 min bar 9:20 bar high........ booked 1/2 at closing of 9:40 bar and rest 1/2 booked below 10:05 bar( doji).

Reason for long trade :- look at formation of 9:20 candle and volume........ hammer formation, long tail and high volume bar(comparatively high volume than yesterday last 67 bars)
Reason for booking 1/2 at closing of 9:40 bar :- because that bar is WRB bar ( wide range bar) and EOM bar( End of move bar)
EOM bar( End of move bar) - where trend ends or exhaust with high volume bar


(2) again took short trade( scalp trade) below 10:05 bar low with sl of that bar high.......booked 1/2 at 20 points and still holding 1/2..... with one add below 5 min 10:55 pl low and 15 min 11:00 pl low

Reason for short trade( scalp trade) :- BOF and very favourable R/R




HEM

thanks Hem bro nice trades...how about yesterday's price action trades?