Day Trading Stocks & Futures

[vikas2131]

Did make small profit today. But I am staying out on the heavy trend day. On Friday, Unionbank had scary retracements - once 3Rs. and once 4.5 Rs. Seems like now the range has expanded to about 6Rs. from earlier 5Rs.

Bankindia has become too expensive to trade. Both are too expensive in F&O.

Most of stocks in F&O are very expensive now... some are even crossing 10 lakhs ...In my opinion ..By raising the lots size government has destroyed the F&O market completely...

 

[travi]

Most of stocks in F&O are very expensive now... some are even crossing 10 lakhs ...In my opinion ..By raising the lots size government has destroyed the F&O market completely...

According to them, they are saving gamblers from destroying their owns lives completely :rofl::rofl::rofl:
or is it the other way around?

 

[timepass]

Most of stocks in F&O are very expensive now... some are even crossing 10 lakhs ...In my opinion ..By raising the lots size government has destroyed the F&O market completely...

Yeah, but it's only the small timers like us who think so. Even today 95% of the turnover for equities is in derivatives.

 

[vikas2131]

Yeah, but it's only the small timers like us who think so. Even today 95% of the turnover for equities is in derivatives.

yes but volume has gone down quite a bit...

http://marketvoicestage.commonworkspace.com/sites/default/files/MARCH_2017_VOLUME_SURVEY.pdf

This report says there is reduction of 60% in nifty options volume compared to 2016 vs 2015 year
Similarly Nifty index futures volume fell by 62%
On the other hand BankNifty option volume has risen 150% so big thumbs up to weekly option I guess.

NSE Single stock futures volume fell by 32.9%
NSE Single stock options volume fell by 15%

 

[vikas2131]

According to them, they are saving gamblers from destroying their owns lives completely :rofl::rofl::rofl:
or is it the other way around?

Border hi protect kar lo theek se...wo to hota nahi ha..idhar udhar ke kaam karte rahte ha

 

[stock_mani]

breakout seems on hourly chart for 3M india, long in cash today along with in Asian paints @1095 for target of 1150 ... period 3- 5 days.

 

[Tuna]

Day trading Nifty & Stock Futures

Aise main contra lena band kar chuka hoon, but if NF can not close above 9400, we are up for 100 + point correction on NF


Sent from my iPhone using Tapatalk

 

[travi]

Hehe, BNF once again in disc , those long from yest would be cursing.
Almost 30pr disc.

 

[ap*]

Puts are over priced as of now. By a bit. IV's are scary. This is a wait and watch scenario. Looks like we're gonna have either a flat market or slightly up for a bit.i have sold reliance infra for an intraday move to 585 hopefully.

 

[stock_mani]

breakout seems on hourly chart for 3M india, long in cash today along with in Asian paints @1095 for target of 1150 ... period 3- 5 days.

Booked profit in Asian Paints @ 1152, :clap::clap:
Still hold on 3M india.

From last 2 years leadership has been changed in market. IT & Pharma sector have put a big hole in investors pocket.

Big leaders in NF are also not performing well, many Midcaps are giving huge profits within short period of time.
Have a long term portfolio of over 150 companies & still adding new & within existing one. 10% portfolio has been crap which have few Pharma stocks too.
Pharma sector will do nice once USFDA issue resolve.
NBFC, Chemical & plastic stocks has done well during the year, Large private banks are yet to run their course.
My target for this whole year to replace junk stocks (if required ) & search new opportunities which i never tracked.