Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

What took Nifty to near life time high yet not break it, that too on Diwali, by only a few points? Indian market forces were too feeble to move nifty a mere 20 points more. DII have been selling for how many days now? I was not referring to US markets when I said make or break. I said that for lallu-panju markets like ours and other asian peers.
It is a question of supply and demand and liquidity. The buying demand exhausted at the high level and the markets came down. If you think some hedge funds or operators did the trick and prevented the market from making a new high....feel free to think so.

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

It is a question of supply and demand and liquidity. The buying demand exhausted at the high level and the markets came down. If you think some hedge funds or operators did the trick and prevented the market from making a new high....feel free to think so.

Smart_trade
Prevented? I would rather say they halted "their" buying spree and there was no market force to take it over from there.
 
re: Day trading Nifty & Banknifty Futures

Prevented? I would rather say they halted "their" buying spree and there was no market force to take it over from there.
Good na, now they can buy at lower levels if they wish to.They are doing business and not here for show of strength.And why would some " market force take it over from there " ? Is this some kind of weight lifting competition or a relay race?

Smart_trade
 
re: Day trading Nifty & Banknifty Futures

Good na, now they can buy at lower levels if they wish to.They are doing business and not here for show of strength.And why would some " market force take it over from there " ? Is this some kind of weight lifting competition or a relay race?

Smart_trade
-They align themselves with market forces and trade the markets. They dont try to change the market flow they are wise guys to know that they cannot do that consistantly for a long time-

I think they have done exactly the opposite here.
 

DanPickUp

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

-They align themselves with market forces and trade the markets. They dont try to change the market flow they are wise guys to know that they cannot do that consistantly for a long time-

I think they have done exactly the opposite here.
Prove it with real facts and numbers. Only always trying to make people suspicion is not what is asked for. The same you try to do in other threads.
 
re: Day trading Nifty & Banknifty Futures

-They align themselves with market forces and trade the markets. They dont try to change the market flow they are wise guys to know that they cannot do that consistantly for a long time-

I think they have done exactly the opposite here.
No. they have not...when they sensed that the buying force is exhausting and last buyer has bought, they knew that the market was topping out and they stopped their buying and may be probably aligned to the downtrend by selling too.

We can go on arguing endlessly on this because we both have different sets of beliefs. But all that does not help any of us ....so matter and the argument closed for me.

Thanks for sharing your views...good to know how other person thinks.

Smart_trade
 

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