Day Trading Stocks & Futures

Blackhole

Well-Known Member
Ok great. with trailing stop in BNF I hope you made good money :)
Today itself 30K on Banknifty Futures :)

One of the strongest moves... 700+ points intraday !!!

What are the option writers doing ? ...




1553602670783.png



all option writers were stuck....they covered one strike @ the same time shifted 100 /200 points thinking it would stop but soon they had to cover that also along with deep in the money options...….

short sellers led this rally
 

Raj232

Well-Known Member
but why you exited at 29600,
any specific reason
post in detail,
about what you posted in your previous post
From the moving average and top that it had made, my calculation was it would touch 29600 on BN Fut and then should fall again from there.
I had put the order in the system and before I could even remove it, it got executed. what more to say.. BNF kept moving higher.. :)
 
From the moving average and top that it had made, my calculation was it would touch 29600 on BN Fut and then should fall again from there.
I had put the order in the system and before I could even remove it, it got executed. what more to say.. BNF kept moving higher.. :)
hmm, you may be right in your analysis.
But mine was, crossing and sustaining above 29600 it was to move for 29700 and once sustain above 29700, it has to move for 30000. I posted in thread and it moved as anticipated. Nothing more to add.
 

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