Day Trading Stocks & Futures

checkmate7

Well-Known Member
We got to see some real volatile moves in Nifty and Bank Nifty today in the second half.

Usually, such ferocious gyration sweeps SL of all intraday traders (long & short both). First nifty made new high, then back in negative zone.

We all knew markets would remain undecided by the end of day. I entered Bank Nifty combo around 2 PM. By then, premium erosion was almost over. Took straddle combo at strike price 23300 (both PE & CE) with total cost of 147 (71 + 76). Sold the same combo @ 172 (i.e. 40 + 132). Total profit 17%.... Done for today. Its always hard to find trades on such neutral days.

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Grt work :thumb::thumb:
 

checkmate7

Well-Known Member
Hello all, i am ayesha jaiswal. i am new in trade market.
Can someone explain what is nifty trading and what is stock futures and how both are different from each other??
Welcome to Traderji.

Please visit Beginners' Guide sub-forum for initiation in the world of trading.
 

Shiv12345

Well-Known Member
Markets simply undecided today as well. Big struggle going on between waves. Its better to be fence sitter on such days.

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