Day Trading Stocks & Futures

[timepass]

re: Day trading Nifty & Banknifty Futures

3 lottery scenarios for tomorrow:

1. 25 bps hike, everything else same
2. 25 bps hike, MSF cut
3. 50 bps hike, MSF kept same

#1 and #2 : Will make stock72 and holders of ce super rich
#3: Markets tank....

choose your lottery ticket for tomorrow.

Goldman predicts on economictimes #3.

if no repo rate hike then ??

 

[anup]

re: Day trading Nifty & Banknifty Futures

if no repo rate hike then ??

if no repor rate hike then Income tax department will raid Stock72 home and collects bagfull of money..


:clap::clap::clap::clap:

 

[STRATEGICINVESTMENTS]

re: Day trading Nifty & Banknifty Futures

6132 seems good target to cover shorts or tight stop loss at.

 

[trader15]

re: Day trading Nifty & Banknifty Futures

if no repo rate hike then ??

Then you know whose house to go to for party: stock72

 

[prabhsingh]

re: Day trading Nifty & Banknifty Futures

6132 seems good target to cover shorts or tight stop loss at.

I would say 6108.

 

[Trader_PK]

re: Day trading Nifty & Banknifty Futures

3 lottery scenarios for tomorrow:

1. 25 bps hike, everything else same
2. 25 bps hike, MSF cut
3. 50 bps hike, MSF kept same

#1 and #2 : Will make stock72 and holders of ce super rich
#3: Markets tank....

choose your lottery ticket for tomorrow.

Goldman predicts on economictimes #3.

I feel that if 25bps increase then market will not move up as well as will not do dwn

 

[STRATEGICINVESTMENTS]

re: Day trading Nifty & Banknifty Futures

I would say 6108.

I am expecting price to bounce from 6130 which is yesterdays low. Then re-enter again at higher price and if price breaks 6130 then it can go anywhere even below 6125 which is the low of 23rd oct.

 

[trader15]

re: Day trading Nifty & Banknifty Futures

posting current oi buildup.

As you can see good square off happening at lower pe levels..

 

[prabhsingh]

re: Day trading Nifty & Banknifty Futures

posting current oi buildup.

As you can see good square off happening at lower pe levels..

At Lower PE,its like grabing whatever they can when market falls.However nothing seems to happeing like that for ITM or near the money strike price which might be like no panic situation.

 

[trader15]

re: Day trading Nifty & Banknifty Futures

At Lower PE,its like grabing whatever they can when market falls.However nothing seems to happeing like that for ITM or near the money strike price which might be like no panic situation.

Keep observing lower pe'. If you observe large number of square offs happening in lower range, without the ITM/or near At the money options OI reduction, thats an indicator for market operators getting ready for next days fall.

You are correct that we dont see OI reduction in ITM/ATm, but by the time trend becomes evident, and retailer steps in, the show is about to get over.