Day Trading Stocks & Futures

Trader_PK

Well-Known Member
re: Day trading Nifty & Banknifty Futures

was in 1300 profit after 2 trades(16 NF, 20 BNF). time for break but just before going to break seeing some weakness @ 1pm, shorted BNF @ 9190 , with SL @ 9213 pivot , but BNF lodu rose 80-90 points in that candle quickly, I got frozen no time to put sl and covered @ 9267 , 77 points loss and 1 hr break. net 600 loss.:mad:
after break saw this bnf lodu made 9095 low after my exit.:annoyed:. again bot this after 2 pm, @ 9200, sl 9160 it was doing ting tong for long time then it rose to 9239 then 9180 then again 9280 around 3:15 pm. I needed 9277 to cover earlier bnf trade loss, but I didnot moved my sl from 9160 but put sell order @ 9300 seeing strength I thought it will break 9285 HOD 15 min remaining ,but then it fell and fell and fell and fell and fell and fell and then I covered @ cost. this happened 2nd/3rd time in bnf this month. will not trade this volatile counter for sometime, nifty is ok for me. :annoyed:
Ravi Bhai Why you take break man?..take break after market hour...I cant take break like you even I take lunch at 3:30 :)
 

augubhai

Well-Known Member
re: Day trading Nifty & Banknifty Futures

NSEL defaulted in its payout scheduled today...........:(


ST
When the down trend starts, bad news always comes in batches.. at least, we now have some reason to attribute for the fall.

I remember many years back (I had not heard of charts and TA and all at that time):
Market was in an good uptrend. Then there was a mine explosion in J&K that killed many army jawans. The market fell on that day. All the analysts and newspapers said that the market fell because of the terror attack. I thought, oh well, this is bad, but the market will bounce back tomorrow. But the market never came back up. it kept going down and down for months. I did not find any other bad news while scanning the newspapers.

... and for many months, i was scratching my head as to why a single incident could have triggered all that fall. :eek:
 

Mr.Perfect

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Ravi Bhai Why you take break man?..take break after market hour...I cant take break like you even I take lunch at 3:30 :)
good commitment, I actually used bathroom around 9.10 and missed the opening bell :rofl:. I would have entered the put in reasonable price if I was in front of the system.. cant help.. I am too careless..
 
re: Day trading Nifty & Banknifty Futures

on a serious note, wat r consequences ?
It means that people are not going to get their money soon, which may put pressure on stock markets as people will sell stocks to meet the committtments.Also exposes how a exchange was run on fraudulent practices.

Looking at the current economic problems, we seem to be in a big mess.

ST
 

Tlahuicole

Well-Known Member
re: Day trading Nifty & Banknifty Futures

It means that people are not going to get their money soon, which may put pressure on stock markets as people will sell stocks to meet the committtments.Also exposes how a exchange was run on fraudulent practices.

Looking at the current economic problems, we seem to be in a big mess.

ST
So, does it mean whatever was our profit today will not be credited to us tomorrow by broker? sorry just wanted to confirm.
 

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