its become extremely difficult to trade BNF due to deep sls. valid set ups are there but cant trade as sls are too much. need to find another counter in cash segment to day trader.
On one level the world markets are uniformly down but on a day to day basis there seems such wide discrepancy in the way each market has reacted. The effect of a continuous flow of news that is changing by the hour.
its become extremely difficult to trade BNF due to deep sls. valid set ups are there but cant trade as sls are too much. need to find another counter in cash segment to day trader.
When SL becomes wider than normal, would it be a good idea to take the trade by hedging the futures with an option? The returns are halved but so is the risk.
It will be like this till end of this series may be so ..got SL in BNF hit my ISL was 74 points and it got filled for 123 points ...reduced qty so not hurting much
The circuit filter given for NF is indicative. Trading does not halt when that limit is touched. Trading is halted only when the index (spot) breaches the circuit. That is why we can see that when trading was halted, NS had touched 10% but NF had touched around 11% or slightly more.
this is what I was afraid .of ...so basically people are blind of the circuit halt in future
nifty future traders will only guess and no conrete number to work with wah re wha ...kya design hai ...