Day Trading Stocks & Futures

[nitingosavi]

 

[nitingosavi]

This is difficult market to trade..one day up and one day down is hitting stop-losses on both sides..

yes. better trade intra day book profit/loss and wait for next day.

 

[nitingosavi]

5 min chart Not much reliable.... everything unconfirmed yet
previous day low if rejected and if stock moved up.....
a minor higher bottom + rsi divergence + may be selling climax volumes
510/520/530 calls may be a good bet for this expiry

another view. still unconfirmed but optimistic

 

[onequorauser]

puts have downright gone to the wind. almost atm 26800 PE is 7 unusual for 20.30. So basically no one thinks market is going down from here today.

Actually same for calls as well

 

[okabira]

Bhai, kite cannot be depended 100% for charts.

Also are you using cover order/bracket order ?

Cover order

 

[vikas2131]

puts have downright gone to the wind. almost atm 26800 PE is 7 unusual for 20.30. So basically no one thinks market is going down from here today.

Actually same for calls as well

10900 will be defended.. if past few months are any indication then they are gonna be able to defend it..

 

[onequorauser]

10900 will be defended.. if past few months are any indication then they are gonna be able to defend it..

That comes at the month end. TOday is about BNF and BNF only. even if it moves away it can be brought back on T-1,T-2 of NF expiry

Anyway I wasnt commenting on the direction. It was what I thought the option prices indicated

 

[vikas2131]

Did anyone notice that psu banks did not sell off in downmove today ?

 

[Raj232]

Cover order

Cover Order by Z or other discount brokers are highly risky, first of all the Kite v3 page does not autorefresh properly. Infra of Z is clogged, so nobody knows when the order will be placed and when the stop will be triggered. i have seen delay upto 5 mins... maybe exceptional case, but I never trade BO/CO.

 

[onequorauser]

Cover Order by Z or other discount brokers are highly risky, first of all the Kite v3 page does not autorefresh properly. Infra of Z is clogged, so nobody knows when the order will be placed and when the stop will be triggered. i have seen delay upto 5 mins... maybe exceptional case, but I never trade BO/CO.

Its been a while since I have used zerodha..but the cover leg of the CO is usually SL-M order. Do normal SL-M orders also have a similar problem?