Day Trading Stocks & Futures

Sidz

Well-Known Member
Just in addition to what I mentioned, the bet where I would place my money is selling Mar 13000 CE at 70, 100, 150(in case it comes to this) with a stop loss of Nifty spot coming to 12850.
Touched 70 thrice since this post. At around 35 levels right now. For those wanting to avoid anxiety of the budget volatility, it is advised to close this today/tomorrow.
 

Sidz

Well-Known Member
No, I have closely observed the movement. Its pure buying. No selling at all. Today it was 1 Lot buying every minute or so. In fact, I have got two lots sold in my portfolio.

Sold lots due to algo buying at 212, 252.

Bought back after algo stopped and noise removed of exuberance at sub 200 levels and at 160-ish levels. Today trading at 152.

Algo trading is thus dangerous. I stand by my view that next crash, whenever it happens, will be aggravated solely because of algo automated trades.
 

checkmate7

Well-Known Member

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