Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

Hem bhai , wat was the SL for 9:55 trade short @ 6158, for add 1 @ 6142 and for add 2 @ 6134 ?


Dear brother Ravi,

SL for my today's NF trades:-

(1) shorted below 9:55 bar low - SL was above 9:55 ph high after that tsl was above 10:35 ph high, 11:20 ph high and 11:55 ph high
(2) added add 1 below 12:15 pl low - SL was above 11:55 ph high
(3) added add 2 below 12:50 pl low - SL was above 13:30 ph high and after that tsl was 2:05 ph high and 2:40 ph high and 2:40 ph high tsl didn't triggered due to filter.


HEM
 

DanPickUp

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Over here (Mini S&P 500) situation is unclear. At the moment it is dancing around in a range with low vola. (1752 to 1757) So some thing is coming as there is always low vola = little moves and then big vola = big moves.

Your markets shows red (Nifty and Bank Nifty)

Until now was a very profitable day. First traded only positional calls and then did two trades on pure price action. At the moment I am out and I wait what I will be shown from the beast.

If the one wants to move further down, then your market will follow earlier or later and vice versa to the upside.

Take care / DanPickUp
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

Dear brother Ravi,

SL for my today's NF trades:-

(1) shorted below 9:55 bar low - SL was above 9:55 ph high after that tsl was above 10:35 ph high, 11:20 ph high and 11:55 ph high
(2) added add 1 below 12:15 pl low - SL was above 11:55 ph high
(3) added add 2 below 12:50 pl low - SL was above 13:30 ph high and after that tsl was 2:05 ph high and 2:40 ph high and 2:40 ph high tsl didn't triggered due to filter.


HEM
thanku hem bhai , chart mein dekhta hun.....:thumb:
 
re: Day trading Nifty & Banknifty Futures

Hi Dan,

Mini S&P 500 is in uptrend but currently a minor downtrend is in progress. I would short the market at little below 1760. Is 6-8 points a tradeable move in that market ?

Just guessing where you would have shorted.

Have a great trading day ahead.

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

Market will be volatile tomorrow. Possibility of both ways swings. But in the afternoon clear trend will emerge, 6200 wali bullet train chalti hai to hum window seat pakad kar baith jate hai......har station par logonki bhagdhad dekhne me manoranjan hoga....:D

Smart_trade
Oho ...Pichli baar ki RBI policy mein aapne hamari bhagdad dekh manoranjan kiya thaa .... :rofl: ....

Iss baar toh humne bhi window seat pakad li hai .... :lol: :lol:
 

DanPickUp

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Hi Dan,

Mini S&P 500 is in uptrend but currently a minor downtrend is in progress. I would short the market at little below 1760. Is 6-8 points a tradeable move in that market ?

Just guessing where you would have shorted.

Have a great trading day ahead.

Smart_trade
Well, I shorted in the morning at 1758.50 with a few lots.

Then had my targets during pre market hours and reduced my lots constantly until I was out with every lot.

Doing 6 -8 Points is in some days very easy and in other days you do not make it. But it is all about MM and how many lots you want to trade. No indicator needed to trade that and get that profit.

After that was not sure what market will do. So was waiting for an entry I could take a go for a long for at least a two points. Target was not 100 % fixed, as I was not sure if any will be reached with that vola. So toke my profit at 1757.50 with the idea, that vola is not very strong.

Again was not sure what is coming now. Then went short at 1756.25 and took profit at 1754.50 as I was happy with what I had in my hands.

Now market is still dancing in the range and now we have reached again resistance levels at 1757. Vola is low, but certain pattern appear, so went short again now with a clear stop loss.

Take care / DanPickUp
 
re: Day trading Nifty & Banknifty Futures

Which contract do you trade in F & O ?

Smart_trade
Once 6050PE, once 6200CE. Both times SL hit around 1 rupee. Needless to say, both the times the options went in profit after hitting my SL :(
 
re: Day trading Nifty & Banknifty Futures

Once 6050PE, once 6200CE. Both times SL hit around 1 rupee. Needless to say, both the times the options went in profit after hitting my SL :(
Your stops are tooooo small. You must give some space to the trade to breathe....

ST
 

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