Day Trading Stocks & Futures

[Pradeep Narayan]

After the opening WRB, all bars are inside bars and the entire range is in 4pts. There is no trade here, if you are looking for one then it is a forced trade.
If the range is broken either side, one get in at a pullback.

Intraday, you will have far more scrips giving a chance of trending, those need to be filtered.

Assume we have only one scrip, and we are forced to trade. Then what would be your decision?

 

[Smart_trade]

Economist type commentators giving their views on TV....wonder whether it makes any difference to the market...

ST

 

[against_tides]

How to trade

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very nice analysis..keep posting it till 3.30

 

[Smart_trade]

35 BPS rates cut in REPO

 

[travi]

Assume we have only one scrip, and we are forced to trade. Then what would be your decision?

That will make Ass out of U and Me

There are many points, first is to trade in direction of volume, here that isn't helping.
Check Sector : 6-7 stocks I track all in same narrow range, no direction.
Mkt wide sentiment, today mkt is flat awaiting policy, again no sense of direction.

so even under such circumstances, there is no trade.

Now, if you still insist, Flip a coin and be done with it

 

[Sidz]

Market going up because 35 is greater than 25. In few time, it will go down because we will realise that 35 is less than 50.

 

[mohan.sic]

Entered Long Can bank 232.2 ….

booked can bank 234.2

 

[Pradeep Narayan]

This is how it looks after the RBI news

 

[vikas2131]

Market going up because 35 is greater than 25. In few time, it will go down because we will realise that 35 is less than 50.

Did not realize that it was so hard to read that 35 is less than 50 .

 

[travi]

This is how it looks after the RBI news

hehe, still no trade. but I wonder why you picked hindalco.
if it was bank/nbfc could have made more correlation.