Day Trading Stocks & Futures

ananths

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

NF is with 50+ premium and observed that its increasing from day 1 in this series. Any idea why such high premium? Is it because bulls are buying Future at lower levels?
Does it indicate anything? I have no idea about it so asking here...

In my observation when NF trades with high premium market starts to go down :)
 

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

NF is with 50+ premium and observed that its increasing from day 1 in this series. Any idea why such high premium? Is it because bulls are buying Future at lower levels?
Does it indicate anything? I have no idea about it so asking here...

In my observation when NF trades with high premium market starts to go down :)
yes yes u r right, nifty spot is falling but bulls trying to defend NF so gap increasing between spot and NF, in morning gap was 35 and at EOD it was 50.....
nifty slowly drifting down , 6000 may not hold.........
 

stock72

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

u r saying this to me since 6200 :mad: and all my levels getting tested , now I think 6000 then 5900 on card........:confused::D:(
patience is key .. u know that ...any day ( may be even tom :D:D) thing will change upside down ... to me 6200 is not far away to cover in a single day ...:rofl::rofl:
 
re: Day trading Nifty & Banknifty Futures

u r saying this to me since 6200 :mad: and all my levels getting tested , now I think 6000 if not hold there then 5900 on card........:confused::D:(
you said till friday 8th => 6400 then said tuesday 12th => 6320 , now wat :mad:
Sentiment will take a big dent if nifty gives close below 6000. Hope with SBI results tomorrow is the last day of correction. Unsure if markets will discount bad inflation numbers this time around too though they should come lower than last month.
 

TraderRavi

low risk profile

TraderRavi

low risk profile
re: Day trading Nifty & Banknifty Futures

Sentiment will take a big dent if nifty gives close below 6000. Hope with SBI results tomorrow is the last day of correction. Unsure if markets will discount bad inflation numbers this time around too though they should come lower than last month.
sbi results not tomorrow on wednesday.
 

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