Day Trading Stocks & Futures

[Raj232]

Divislab ATH. good breakout

When are the pharma companies going to post their results ? any dates known ?

 

[Raj232]

Raj232 ji, as per your explanation the indicator is plotting as below...

Center Band = 20 period SMA

Upper Band = 20 period SMA x (1 + 3%)

Lower Band = 20 period SMA x (1 - 3%)

just for under standing.... thanks in advance..

Thanks for these details. I'm understanding it better now
... although the basics always come down to something on the moving averages .. as usual

 

[Raj232]

don't smile ..next is your turn...how did you manage to eat whole malai yesterday...

That is what I have asked @marimuthu13 before as well, but he is holding it as a secret..

 

[kharikumaar]

do you cover on chart or your OI analysis only?

, not necessarily a fixed method. but in addition to the gann levels i take for support and resistance, i also rely on visual input to analyse the market, i keep looking at the market movement to get a feel of it's strength , many may not agree with me but it is a good indicator . i can usually get a sense of the market direction looking at how easily or how tediously the market moves in either direction. so, based on all these i decide on the closing of a position. so when i saw the market struggling to move upwards after racing in the morning i realised it may stall or fall. so i not only closed my position i decided to take a reverse position if it keeps struggling.

i expect some sort of premium eating may happen. and this will be rapid in ATM and ITM options more than OTM. so i picked a little far off one to carry for next week too. ( current feeling). but if it moves against me drastically today or in my favour i may cover it. , because in spite of my best efforts the market refuses to listen to what i want

 

[sumosanammain]

, not necessarily a fixed method. but in addition to the gann levels i take for support and resistance, i also rely on visual input to analyse the market, i keep looking at the market movement to get a feel of it's strength , many may not agree with me but it is a good indicator . i can usually get a sense of the market direction looking at how easily or how tediously the market moves in either direction. so, based on all these i decide on the closing of a position. so when i saw the market struggling to move upwards after racing in the morning i realised it may stall or fall. so i not only closed my position i decided to take a reverse position if it keeps struggling.

i expect some sort of premium eating may happen. and this will be rapid in ATM and ITM options more than OTM. so i picked a little far off one to carry for next week too. ( current feeling). but if it moves against me drastically today or in my favour i may cover it. , because in spite of my best efforts the market refuses to listen to what i want

Wow! Sooo many emotions involved! I would be a nervous wreck after doing all this.
Mera heads I buy, tails I sell, is waayyy better

 

[vikas2131]

https://upstox.com/announcements/demat-account/trading-updates-for-31st-july-2020/

View attachment 43690

One more thing that they have not mentioned that same rules also apply to option buying . How much hit cash market are going to take, that needs to be seen.

 

[kharikumaar]

Wow! Sooo many emotions involved! I would be a nervous wreck after doing all this.
Mera heads I buy, tails I sell, is waayyy better

Actually theres not much of emotions involved. its just that it sounds complicated and intense because i wanted to describe in detail. i just look at the market watch and way the indexes and the options move gives a good enough feeling, theres no emotion involved there. its like how you look at a maruti 800 climbing a slope and a bmw 5 series doing the same slope, watching them move gives you a sense of the effort each is putting in do the same work, ( crude analogy but it works ). even now as i see though the market keeps racing up i don't sense any strength till now.

you can also see the puts are not dropping the way they should and the calls not rising the way they should. it's just a collective picture. once you know what to look for it is actually effortless. i am not saying it works all the time. but it is a good enough indicatore and i also take it into consideration when taking a decision.

the minute i sense something going against it i exit. . i've had things boomerang on me but thats the way the cookie crumbles.

 

[kharikumaar]

One more thing that they have not mentioned that same rules also apply to option buying . How much hit cash market are going to take, that needs to be seen.

means, that the funds from selling options will also reflect after t+2?

that will be disastrous

 

[sumosanammain]

Interference with the cash market and options market also this time around. Sebi is being weird. Let's see and Hope sense prevails when they see illiquidity hitting the markets after these rules are implemented

 

[marimuthu13]

That is what I have asked @marimuthu13 before as well, but he is holding it as a secret..

Bhai no secret...i was expecting sharp rejection around 11270 which was 76.4 % retracment ( high 12500 , low - 7500)

Posted same messages many times well in advance..here .....

Also that is expiry day trade ..zero or hero...