Day Trading Stocks & Futures

[Raj232]

This time the retailers have been lured through MF's, instead of direct participation.
Lets wait and watch when the panic starts.!
Too tight a range today, will only trade on break out/down.

If every day becomes like today.. then I would be really thinking about this trading career ...
No moves, just premium erosion... for tomorrows expiry.. ATM options are quoting 3 digit numbers in Banknifty instead of Rs 50 -60 ..

 

[cinderblock]

Wednesday Expiry Dhamaka

 

[vikas2131]

This time the retailers have been lured through MF's, instead of direct participation.
Lets wait and watch when the panic starts.!
Too tight a range today, will only trade on break out/down.

I am expecting panic to happen in second part of this year which most likely would mark a bottom in small cap and mid cap.

 

[stock_mani]

Bulls need to go further more to give confidence to traders on long side.... lets see tomorrow.

 

[vikas2131]

Change in trend today finally . hopefully good move with global markets now

 

[vikas2131]

Bulls need to go further more to give confidence to traders on long side.... lets see tomorrow.

Shorts still on ?

 

[stock_mani]

Shorts still on ?

Yes, tomorrow we will get more clarity about today's move.

 

[siddhant4u]

Govt announced pre-election package

https://economictimes.indiatimes.co...rural-poor-more-jobs/articleshow/68072536.cms

edit: couldn't find this news anywhere else...

 

[Sakthiganesh]

From Varinder Bansal
The MOST extensive 3Q results review file is here. The file is also divided into sector wise results
https://docs.google.com/spreadsheet...VeApam596ydKKiWT4S2Aajnfg/edit#gid=1733226438

 

[lemondew]

St da,

Can we quantify strong stocks for the day and strong stocks for longer timeframe. for intraday perspective. what timeframe you looked to define beaten down stocks when you said the statement below

Eg :
Axis bank + 12% in last 2 months. At all time high
Lets say now if tomorrow axis bank is +1% from previous close
Then axis bank +12% for last 2 months and +1% since yesterday close. qualifies as strong stock.

Since you said weak sectors. sunpharma/ lupin/ are all beaten down. sunpharma is 1/3 its all time high price. But biocon/auropharma is doing quite well. Any specific price/time based rule which can be applied to qualify for strong stocks.

I will not trade strong stocks in weak sectors like commodities ,pharma etc.... strong stock in strong sector if we are trading in an up move and weak stocks in weak sector if we are trading a downmove.

ST