Day Trading Stocks & Futures

Since your offer is at 128, and there is a bid at 128, you will get a fill at 128.

If the offer price is below the best bid( highest bid), then you will still get fill at the best bid price.
If there is best bid at 128, and you punch 127 or 125, you will still sell at 128.

This is one way of making limit orders behave like mkt orders but in a controlled way.
Thanks Raviji. Will this also apply in selling options? The stakes are higher. Wonder if this is absolutely free from mischief. No possibility of a low bidder bagging a low offer?
 
wow did something mysterious happened when you placed a order ?
else I don't see reason why you asked such basic question + relating it to previous market day.:confused:
What to do...I'm still learning...learning....
Ya..and sometimes mysterious things do happen for me...like price was waiting for me to place the order before going in opposite direction...
 
technical bounce may happen in NIFTY. may turn in short term uptrend for swing long
a very strong bounce in NS50 yday with strong volume. price is right at the door of first resistance but expecting more upside/short-term uptrend. all positions are in the green as of now
 

vivektrader

In persuit of financial independence.
For NS: 2nd setup of 1400 pts which became active beating the first one, has now been beaten by the 3rd one that completed on 15-jun and no flip yet. so upto bar #11 the total setup size is 1550.
That means now the 3rd Sell setup on NS becomes the active one last Friday :)

More pain seems to be in the pipeline, 2nd setup got as far as CD11 just to get recycled :DD
still market has to play out, we have seen sideways CD phase too so may not be deep but volatility will remain.
Interestingly, Count for CNX 500 did complete but then exceeded stoploss, however yesterday it clawed back in.
Also count for midcap index completed day before with yesterday as strong positive close, same is the case with small cap index.
Lets see…





Vivek
 

travi

Well-Known Member
Interestingly, Count for CNX 500 did complete but then exceeded stoploss, however yesterday it clawed back in.
Also count for midcap index completed day before with yesterday as strong positive close, same is the case with small cap index.
Lets see…





Vivek
:up: yes, that was the recycling that was being referred to. Both have another new sell setup and with no flip their counts not extinguished. Potential of running lower is open :)
Relief rallies were what i wrote in a post few days back which is making things very hard, pandemic style one way move was very easy. Now its easier to get trapped on the wrong side so position size in each entry should be measured and good plan or deep SL or enough cash reqd to ride the drawdown.
 

vivektrader

In persuit of financial independence.
:up: yes, that was the recycling that was being referred to. Both have another new sell setup and with no flip their counts not extinguished. Potential of running lower is open :)
Relief rallies were what i wrote in a post few days back which is making things very hard, pandemic style one way move was very easy. Now its easier to get trapped on the wrong side so position size in each entry should be measured and good plan or deep SL or enough cash reqd to ride the drawdown.
Monthly chart is more worrisome, if nifty closes below 20DMA, usually corrections have reached till 50DMA at least. Hoping structures improve before end of month.
We haven’t fallen as much as SPX or DJI, that could be a good sign or bad as some downside may still be pending.


Vivek
 

travi

Well-Known Member
Monthly chart is more worrisome, if nifty closes below 20DMA, usually corrections have reached till 50DMA at least. Hoping structures improve before end of month.
We haven’t fallen as much as SPX or DJI, that could be a good sign or bad as some downside may still be pending.


Vivek
That is credit to mota bhai. Technically we were around 14300-14500. If you consider the rest of the best, all around -25% or more range.
 

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