Day Trading Stocks & Futures

[Romeo1998]

i think the oi logic may fail today..i mean the chg oi numbers may reverse..

yes, that is also possible, if there is a dip is PE oi n rise in ce oi, means reversal is happening.... n market will fall

 

[against_tides]

seems both side SL will be hit...keeping the target low...no trade currently

 

[mohan.sic]

Bank nifty might follow Nifty, I think

ok stop loss is very important in either case.

 

[against_tides]

gap filler @TraderRavi is also not here

 

[Romeo1998]

i think the oi logic may fail today..i mean the chg oi numbers may reverse..

a very similar thing had happened on wednesday also... for 4 hrs nifty was between 10770 and 10830... but during those 4 hrs, CE oi was continuously rising, whereas PE oi was remaining flat or reducing.... n then finally the fall started after 2 pm .... oi just tells us direction for the day.... actually i was unknowingly using the ORB strategy .... bcoz in orb also we look at price for the first 15 , 30 or 60 mins.. n then trade in direction of breakout... but instead of price, i look at oi

 

[midhoo]

Some strength is seen to the upside now

 

[primitivetrader]

good H1-H2 triangle BO long in NF

 

[primitivetrader]

Some strength is seen to the upside now

NF since the opening is in bull mode. always in long mode

 

[primitivetrader]

seems both side SL will be hit...keeping the target low...no trade currently

if you are talking about NF its in always in long since open. just because it has reached PDH or day before PDH or supply zone does not make it to short read the PA how is it behaving at a particular level. you will see many opportunities and multiple ways to enter the trade

 

[kharikumaar]

what is you view

bnf is slowly heading towards 21000 is my thinking