Day Trading Stocks & Futures

travi

Well-Known Member
gentlemen,

just tell me one prudent reason for the market to gap down today. with my little bird brain this is just an indication that this market is rigged.
Is this an ok answer, if ur question relates to "why NSE/BSE gapped down today", "bcos all other mkts closed -1or2% down" like a domino effect?
bcos once US was down, TJ was filled with our opening predictions :rofl::rofl:
 

Just-Trade

Well-Known Member
Reason never precedes market movements (most of the time) - it follows it. Like post predictions- "market moved this way because so and so ... "


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absolutely true...the reasons of up or down are always there. People just come out and give the reason after the market movement. It is of no use for the real traders!!

Just-Trade
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Maybe I am wrong, but I am not sure if we are yet done with the downside in Nifty. The struggle to hold on to 9070 on Nifty Spot is not in favor in bulls. Lets see how it closes today.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
30 points down since last post. Reason, already explained. As soon as the clock hit the final session, I saw 3/5 orders accumulating 10000+ odd NF qty, repeatedly pushing it down. All the way from 9080 till 9060 till they stopped. You don't step in front of them for sure.
 

Tuna

Listen and act, don't ask it, it doesn't oblige
Tuna : Game On !!
Babu Bhai: Ruk tera game bajata main.
 

stock_mani

Well-Known Member
again moving to the intraday high 263.25 in futures
yup.. as per setup i need to enter again @ 261 (spot) but already closed full position earlier in pull back (half@ 261 & half @ 260). If my position was not out completely then surely buy @ 261 another half qty with tight SL for whole qty.
this bounce back is not strong as market is going to close for today & price was not sustained previous pivot breakout as whole market was sinking..
 

wabuf

Well-Known Member
One short SL was triggered @ 258, then took long @ 259.05 & got out @ 260.5 by trailing SL..
Net is - 1 Rs...
man karta hai .. trailing SL band kardu .... pagla 6 point chadgya .. hamen lia 1.25.. ..




@timepass ji .. parso unionbank batya tha na 2% up tha .. 3:00 baje liya tha short may .. thanks for free tip .. 2.5 milgya :clap::clap::clap:
 

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