Day Trading Stocks & Futures

re: Day trading Nifty & Banknifty Futures

It was continuation of my previous days comments. Probable Down Trend started yesterday when nifty retraced exactly near 61.8% (near previous day high and wed days closing) of the last swing. Please see my previous yesterdays comments to see the whole picture.

Happy Trading.

H.C.
Ok sir. Thanku
 

Jai Mata Di

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

can you post your todays trade?
This one only for U. One last time. :)

1. As earlier said, I trade using Nifty Spot just after expiry day due huge difference of overnight premiums.
2. Shorted near previous support 7707 Spot (Wed day low) (Near 12:20 PM today)which was near to today's high. So again shorted Nifty near days High easily.
3. Booked half near days low 7660 spot (around 2:10 PM)
4. Add half again after breaking of days low.
5. Booked full near support 7600 spot.
6. So got 100+ pt from 50% position and 46+56 = 102 pt from rest 50% positon. Net 100+pt on whole position.

Good to see you got 96 pt too.
Happy Trading. :thumb:

H.C.
 

starscream

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

wow. nice trade JMD. keep us posted on more of these.
:):thumb:
This one only for U. One last time. :)

1. As earlier said, I trade using Nifty Spot just after expiry day due huge difference of overnight premiums.
2. Shorted near previous support 7707 Spot (Wed day low) (Near 12:20 PM today)which was near to today's high. So again shorted Nifty near days High easily.
3. Booked half near days low 7660 spot (around 2:10 PM)
4. Add half again after breaking of days low.
5. Booked full near support 7600 spot.
6. So got 100+ pt from 50% position and 46+56 = 102 pt from rest 50% positon. Net 100+pt on whole position.

Good to see you got 96 pt too.
Happy Trading. :thumb:

H.C.
 

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