Only Nifty(F & O) and Only Intraday Trading

I would like to invite you all Only Nifty and Intraday Traders to participate and have healthy discussion.

The main target to start this thread is to get discussion on Only Nifty and only Intraday trading in F & O.

Posting in this thread, I have some rules in my mind, please let me correct it or let me know your comments.

1 We welcome to all seniors, please post there day trading strategy and share there view.


2. Please try to concentrate only on Intraday trading and only in Nifty, please avoid post on other stocks, and also positional short term and long term view.

3. Please avoid to post your trade, I mean both good or bad.

4. Please post on incoming events, it may be day wise or next few days, or maximum end of series.

Following are heavy weight in NIFTY, so if some one want to post news , result etc related following stocks , It may be helpful to know NIFTY intraday movements.

ITC – 7.35 %
ICICIBANK -- 6.72 %
INFY-- 6.48 %
HDFC--- 6.28 %
Reliance-- 6.13 %
HDFC Bank--- 5.88 %
TCS --- 4.81 %
LT ----- 4.65 %

Total of above 8 is 48.3 % , and other 42 stock having 51.7 %

My thought—

While engaged in trading, the majority of participants (80%) hoping that market will move big (Upside or downside), but market in range bound in 80 days out of 100 days and only 20 days may have big move…………….

Last week, first two days, Nifty moved up and trade in range of 8140-8180(spot), but last three days was down and range of 8060-8080-8100(Spot)

Tomorrow(Monday 15 Sep) is fist day of week, let see if its break 8080-60-50 for down , or 8120 for going up.

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Above nifty weightage is with too much old data. It is like telling present World Cup Champion is West Indies! Actually it is India .
Below is present ranking of TOP 8 stocks of Nifty 50 according to weightage(12-Sept-2014 Last Closing of Nifty):-

1. TCS 9.19%
2. ONGC 6.61%
3. RELIANCE 5.92%
4. ITC 5.11%
5. COAL INDIA 4.07%
6. INFOSYS 3.80%
7. HDFC BANK 3.72%
8. STATE BANK 3.53%
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9. ICICIBANK 3.26%

Another 5 stocks Sunpharma, Bharti Airtel, HDFC, HUL, Tata Motors (present top down list) all very closely to weightage of 3%, fighting hard to enter TOP 10 everyday.


Best Wishes.
Happy Trading.

H.C.

Thanks for correction, I hope you will add more for NIFTY intraday trading.....

Nifty spot open below 8080, and break 8060 in first minit, now 8050 acting resistance.

WPI Data in 12 Minits............

Forecast 4.5 % ,

After break of 8050, Nifty just moved up 8-9 points, and now just moving around 8050...we have to wait for Nifty final decision...