re: Day trading Nifty & Banknifty Futures
Next support was only near 5700 spot (previous 5th Sept gap up zone).
Easy for analyses, but tough to hold nerve.....
Same quote for, today again..
Got almost straight 80 pt profit (bought near 5700 spot). We must aware for longer time frame also while day trading. Sometime, shorter term movement puzzles us. That's market.
For me, it's time for closing my terminal, go for Puja shopping. Market gave that opportunity on the 1st day of OCT.
Best Wishes. And look at longer time frame chart also for strong supports/resistances. :thumb:
Happy Trading.
Cheers.