re: Day trading Nifty & Banknifty Futures
How many traders among us are thinking that, nifty will touch 6400-6450 ???
If many of us are thinking in the same line, then it will be its OPPOSITE. :rofl:
If many of us are thinking in the same lines then how will it be opposite?
And how many of us "Many" are willing to short if market is betting on 6400+?
If "Many" is taken as % of all the market participants which has to be more then 51 then, yes, your "Opposite" is right but we (Traders at TJ) are negligible compared to even one FII's capacity.
Besides how many of us had this dream "till yesterday" that we will celebrate Diwali with 6400+?
Aur kya pharak padata hai weather NF trades at 6400+ or not as long as we earn some money from it.
Happy Diwali and a Prosperous New Year.