Day Trading Stocks & Futures

[Smart_trade]

Market preopen indicating strong gap up opening.....

 

[soft_trader]

Nifty future is trading in a huge discount of 70 points

 

[travi]

Market preopen indicating strong gap up opening.....

Today is good day to deploy some of the liquidity
Feb ended around 11300 as opposed to 12k pre- budget but still maintain that view of March being higher range than Feb.
SIP/ELSS entries will be favorable too.

Jun-Jul view also still intact, if virus fears recede, it maybe sooner.

 

[Raj232]

Nifty future is trading in a huge discount of 70 points

It will take a day or 2 to change into premium as compared to spot since a lot of churning of portfolios going on...

Crudeoil is also UP +2.5%

 

[travi]

Nifty future is trading in a huge discount of 70 points

Can be looked at in two ways
For some swing long, it's a good deal at cheap price.

 

[against_tides]

Barfight in nifty

 

[andal]

Any reason why Kotak Bank is down today?
Is this right entry point to add this stock to portfolio?

 

[travi]

Any reason why Kotak Bank is down today?
Is this right entry point to add this stock to portfolio?

not exactly down, rather flat, but other peers like hdfcbank / axis also doing the same. only ICICI Bk is 4%

1550 seems to be a strong TD Support so at cmp its at good price. can maybe wait for some green bars if you want a safer entry.

 

[Raj232]

Any reason why Kotak Bank is down today?
Is this right entry point to add this stock to portfolio?

It is balancing the Banknifty index due to +4% in ICICIBANK.

 

[Raj232]

EPFO may cut PF interest rates by 15 bps to 8.5% for FY20: Report

https://www.moneycontrol.com/news/b...by-15-bps-to-8-5-for-fy20-report-4985501.html

Labour ministry keen to retain 8.65% interest rate on EPF deposits for FY20
https://www.business-standard.com/a...-epf-deposits-for-2019-20-120030100205_1.html

The apex decision making body of Employees' Provident Fund Organisation (EPFO) -- Central Board of Trustees -- is likely to consider the rate of interest on EPF (Employees' Provident Fund) deposits in its meeting scheduled on March 5, 2020.