Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

and both are waiting for TradeJoker to propose. TJ will you marry us and promise to provide trading capital for seven lifetimes ?? please please please...:D
I doubt providing trading capital to you (3000 max) is going to be any problem for him if you are going to give him the cat:!
 
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re: Day trading Nifty & Banknifty Futures

I think given the volatility no one can guess the direction. See how us and Europe markets behaved in last hour. From 1 percent up to 1 percent down..

All the news are positive for market, except us GDP...

I base my analysis based on option buildup. 6140 is possibility as max pain is at 6150 and range is 6200 -6300 for last 3 days.

There is put buildup at lower strikes, but if you observe the highest oi is shifting from 6000 to 6200 levels indicating the market movers expect market to move up.

Call oi is building in upper strikes and not in lower strikes. So if market were to move significantly lower from 6200 levels, u would write 6100 call to eat max profits... But it's not happening..


In addition, 6400 puts saw square off today.. Put square off is happening at selective strikes.. If market were to move lower, the strike prices ATM should see square off.. But put writers are sitting tight...

Again I'm still learning on defining the swing direction using the option build up analysis.. So may not be 100% correct...
dear trader15..hai..is there some websit to give me informtion on open intrest..is that updated end of day or realtime during trading hours
 

RAAMAKANT

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

Nifty is near the 61.8% of the current rise from 6079 (Low made on RBI Policy day ) and High of 6342 made on Muhrat trading day,so 6180-6164 is strong support zone. Holding the same Nifty can bounce back till 6300, On Downside break of 6164 Nifty can correct all the way up to 6080.
 

vssoma

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

but agar put rakha hota to DOW 152 point green hota , so say all is well :clapping::clapping::clapping:
ravi bhai,
agle baar inform karna jara...main position le letahu( mostly i never keep over night positions):thumb::thumb::clap::clap:
 

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