Day Trading Stocks & Futures

[travi]

Many more stocks need to get going for a broad based bull market. So many stocks are hanging around sideways or making such small moves in last 2 weeks.

Your wish coming true.
every stock NOT in my pf is up 3-6% today

 

[augubhai]

What a pattern on BAJAJ-AUTO stock!!! Someone was preventing it from going above 3127, and now preventing it from going above 3126. No such prevention on the BAJAJ-AUTO stock futures though.

This how it ended the day.

 

[siddhant4u]

watch out for Electricity demand increasing for improvement in economy

https://www.business-standard.com/a...onth-to-1-1-amid-slowdown-120010200578_1.html

India's electricity supply fell for the fifth straight month in December, provisional government data showed, potentially reflecting sluggish industrial activity amid an overall economic slowdown.

 

[vivektrader]

https://economictimes.indiatimes.co...ess-optimism-weakens/articleshow/73065156.cms
Factory activity strengthens in December, PMI rises to 52.7
The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, rose to 52.7 in the final month of 2019 from November's 51.2. The reading was the highest since May. It also remained above the 50-mark that separates growth from contraction for a 29th month, the longest since July 2013.

 

[doctorshah]

watch out for Electricity demand increasing for improvement in economy

https://www.business-standard.com/a...onth-to-1-1-amid-slowdown-120010200578_1.html

India's electricity supply fell for the fifth straight month in December, provisional government data showed, potentially reflecting sluggish industrial activity amid an overall economic slowdown.

Does this data include Rooftop solar generation?

 

[ncube]

Will impact traders with smaller capital...
https://zerodha.com/z-connect/zerod...a/intraday-leverages-reduced-across-the-board

 

[milkyblack]

Will impact traders with smaller capital...
https://zerodha.com/z-connect/zerod...a/intraday-leverages-reduced-across-the-board

This will be a game changer for brokers as well as intraday traders.

There is a broker named Aastha which allows you to trade one lot of nifty for 2500 margin. Brokerage rate is 1p. Company makes few crores profit a year. Huge dent for them and it’s clients


Sent from my iPhone using Tapatalk

 

[sanju005ind]

Earnings Season here.. So some strategies.Only Two years of data available.


Instrument : TCS , Strategy : ATM Long Straddle 8 Days before Result day.Exit 1 day before earning.

What works for TCS does not work for Infy.

Instrument : Infy , Strategy : ATM Short Straddle 8 Days before Result day.Exit 1 day before earning.

Will continue....

 

[Schatz]

Earnings Season here.. So some strategies.Only Two years of data.


Instrument : TCS , Strategy : ATM Long Straddle 8 Days before Result day.Exit 1 day before earning.
View attachment 39596

What works for TCS does not work for Infy.

Instrument : Infy , Strategy : ATM Short Straddle 8 Days before Result day.Exit 1 day before earning.
View attachment 39597
Will continue....

Well, one can dig deeper than this ... earnings season is an opportunity for those who do the hard work... it happens 4 times a year .. 4 months of extra money..

while 8 trades r too small a sample to trade anything (this time INfy coming before tcs?) but there is a meat there which is not very straightforward... like mkt direction a trader has to take a view on the price of the straddle to make money pre, during and post earnings(iv crush) ..

coming to TCS, Infy cases : these days TCS r declaring result before Infy .. hence the above phenomenon .. there was a time when it was reverse , Infy used to come out before TCS ... and many times i made money by going long straddle in Infy .. so the point is dont trade blind , understand what causes the result and should the environment changes , recog it and change with it.. if one does not know why this setup work he would fail to see the change coming and keep trading even after setup changes such as sequence of earnings of same sector cos etc etc. ...

I see Infy on 10th but TCS date is not announced?

 

[sanju005ind]

Well, one can dig deeper than this ... earnings season is an opportunity for those who do the hard work... it happens 4 times a year .. 4 months of extra money..

while 8 trades r too small a sample to trade anything (this time INfy coming before tcs?) but there is a meat there which is not very straightforward... like mkt direction a trader has to take a view on the price of the straddle to make money pre, during and post earnings(iv crush) ..

coming to TCS, Infy cases : these days TCS r declaring result before Infy .. hence the above phenomenon .. there was a time when it was reverse , Infy used to come out before TCS ... and many times i made money by going long straddle in Infy .. so the point is dont trade blind , understand what causes the result and should the environment changes , recog it and change with it.. if one does not know why this setup work he would fail to see the change coming and keep trading even after setup changes such as sequence of earnings of same sector cos etc etc. ...

I see Infy on 10th but TCS date is not announced?

TCS has not declared the date but two things stand out.
1. TCS ATM IV is increasing everyday since 4 days and IVR is at 79-80.
2. TradingView chart shows 9th Jan as Result day.But Moneycontrol,motilal oswal calendar does not show that date.