Day Trading Stocks & Futures

Ongoing buy countdowns in Nifty and Banknifty and many other stocks likely to be interrupted, as some reversal might be on offer. IT sector followed by Pharma are leading presently, improvement in banking sector might help initiate budget rally.
Can you please post the Demark charts for Nifty and Banknifty ? Thanks.
 
Made a mistake by opting for weekly. Scratch and rebuild leveraging monthly
Note to self VIX = 16.31

1641187585461.png



1641187524483.png




First attempt on delta .15/.20 sets.
Based on one of the ace option writer Sanju whose thread has been amazing over here in TJ.
Notes to self VIX = 16.55

Note : - I am still learning. Checking how it works out, my entries may be flawed as well.



View attachment 47294


View attachment 47293
 

vivektrader

In persuit of financial independence.
Do you mean to say its false break out for nifty ?
It means that recent low of 16410 might hold, and act as major pivot low for integrity of uptrend that might resume.
The possibility of that will strengthen if 17640 is taken out on upside.
 

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