Day Trading Stocks & Futures

[rahulmalik]

Trailing SLs hit in BNF / NF, Axis bank exit at cost . What a volatile day man

I am sure, all Index long / short SLs got hit today, except for those who trade on daily charts

 

[sanju005ind]

Somehow price action was telling me to get out. Got out in time. Phew.Better to stay away rest of the day.

 

[Positivetrader]

Some statement released by RBI ? Bank Nifty fell suddenly

Some news seems to be out ..not yet for retail traders ?

 

[timepass]

TM is inviting to short..now..
Strict SL must..

But too much upside momentum at present. Not looking like a healthy short.

 

[rahulmalik]

I am sure, all Index long / short SLs got hit today, except for those who trade on daily charts

and now Nifty made a new high

 

[rahulmalik]

But too much upside momentum at present. Not looking like a healthy short.

yes , i am also of same opinion, but i am out of all positions now.

But now, BN is stuck in range, while Nifty going up

 

[siddhant4u]

roller coaster ride started.. insider will have info before any of us could. better to stay away from market

 

[Positivetrader]

But too much upside momentum at present. Not looking like a healthy short.

You are correct..It was just momentary move to shakeout weal long holders, it seems..

 

[Positivetrader]

and now Nifty made a new high

Clearly it is a move to hit the SL of retail long traders..

 

[checkmate7]

Volume was much more when it went down...