Day Trading Stocks & Futures

[TraderRavi]

Do we have any chances for Nifty Fut back to 11590 ?

I am feeling this current level can act as a point to start scalping. Like if it goes up, it may come back and give exit if plan goes wrong...

UP move over for Nifty now will be down and closing will be flat...Just my view

forgot to dedicate my friday last trade profit to these two posts

 

[checkmate7]

Today looks like a mock trading day.. Nifty rocket pe sawaar hai

 

[iwillwin]

those of you trading stocks intraday, do you plan your trades before market opens of you have couple of scrips which you track intraday ?
what exactly is the process you guys follow?

There are always people who watch CNBC awaaz, bajar and tv18 majorly and plan their trades.... results we all know

 

[iwillwin]

How many of you put preopen orders ....cash and take delivery trades based on your plan

 

[siddhant4u]

Will nifty ever face a bear run like 2008?

I started trading since 2011 and from the very beginning I am hearing that in the euphoria phase of the bull run prior to 2008 the prices of stocks went up like mad bull. The bull run which I see since 2015 is not like that. Yes the index may have doubled but I don't see euphoria or anything close to it. Several stocks are nowhere near to 2008 high.

Will euphoria happen in the current run of nifty? Is another ferocious bear market like 2008 ever come again? What is your take?

The euphoria starts when everyone believes this time is different, growth story is solid and High prices are valid and stocks deserve to go up. No one predicts market will go down except few.

Sound similar to current market run? May be. PE Ratio is highest and no one thinks market is overheated and growth story is intact even with all negative stories about banking sector. There is missing 4-5 lakh crore which vanished under NPA/writeoffs so its not available anymore to lend to next business coming for loans through Managers’ door.

But, this time it’s different and stock should keep going higher.

 

[Smart_trade]

How the great depression started? It's all in the mindset. At present in India we don't see anything like that. Budget is positive for long-term, world market trending, in fact each country needs each other in this all-time high connected world. But the cycle is inevitable. Looking around we could see there's consumption much greater than physical production. This will lead to system instability, and in a decade we may see a cycle in action i guess, prompting some other development.. At present i think it's safe, not failsafe though. @Smart_trade sir, what's your view on a depression like situation..

As per my reading we are nowhere near a depression. We are a growing economy. Any correction, people start calling it depression but we have growth in our economy ( 4 % or 7 % is a matter of debate and data but still we are growing.)

Smart_trade

 

[siddhant4u]

We haven’t seen depression in modern times except in Japan. That’s why free money (zero interest rate or -ve in some countries) so as to have inflation is floated in western countries after 2008. In depression we get negative inflation (Japan classical example).

That’s why India should aim for 7-8% inflation in my opinion. It will increase farmers income, everyone’s income and GDP too.

 

[vikas2131]

Today looks like a mock trading day.. Nifty rocket pe sawaar hai

where exactly was nifty in mock trading day ?

 

[checkmate7]

In the morning if you have opened your terminal you could see nifty @ 11900 and quotes changing

 

[Riskyman]

Had posted this chart of GlenMark Pharma before. Now has broken support. May look to pull back towards 500 or so. If fails to trade above 500 then more downside towards 300 possible.