intraday future

#1
Rules of this thread.

Rule 1: No sl needed

rule 2: Need min 3 lot or multiple of 3 lot money for trade

rule 3: Average it when i am doing it

rule 4: Book profit when i am doing it.

I pay brokerage of rs 20 per trade

either don't trade or book profit.

May god give us one more profitable day.
My theory is simple.this stock is downtrend/uptrend for sure.but in some case by operator or some news this stock do some opposite direction movement.so we just need to average our trade not to be out from that one in loss.and in my method we may need to average it max 2 times.mostly one time.so its simple.am i clear?

In intraday we exit in profit with our averaging price and we don't wait for the target then.we may calculate the diff of first target and second one and create a new target for ourself.
 
#2
CALLS FOR MONDAY

INTRADAY BUY YES BANK 365-369 FIRST AVERAGING POINT 360 SECOND AVERAGING POINT 352 TARGET 375-381-384

INTRADAY VOLTAS BUY 112-113 FIRST AVERAGING POINT 109 SECOND AVERAGING POINT 103 TARGET 116-117.5

INTRADAY UNITECH 14.90-15.30 BUY FIRST AVERAGE POINT 14.30 SECOND AVERAGE POINT 13.90 TARGET 15.80-16.10

INTRADAY TATAN 226-228 BUY FIRST AVERAGE POINT 224 SECOND AVERAGE POINT 219 TARGET 231-234

INTRADAY SELL TCS 2230-2245 FIRST AVERAGING POINT 2290 SECOND AVERAGING POINT 2332 TARGET 2180-2152

INTRADAY TATA TEA BUY 154-155 FIRST AVERAGING POINT 149 SECOND AVERAGING POINT 145.30 TARGET 157-159
 
#3
Dear friends 6/1/2014 Today nifty trading method is Buy ON DIP AND SELL ON RISE.JUST BUY NIFTY AT THE OPENING AND JUST AVERAGE IT AT EVERY 50 POINTS. BANKNIFTY FOR TODAY IS BUY ON DIP AND AVERAGE IT ON EVERY 100 POINTS.TARGET IN NIFTY MAY BE 40-100 POINTS AND BNF 50-200 POINTS TILL TUESDAY.THANKS.
 
#4
Bnf feb contract 11225 buy first averaging point 11150 secon averaging point 10050 target 50-300 points in 2 days

nifty future jan contract buy 6210-6220 first averaging point 6160 second averaging point 6105 target 50-150 points in next 2 days
 

rkkarnani

Well-Known Member
#5
BNF call is not an Intraday call....
Also the Intraday calls where you have advised "Averaging" , are the same purely for intraday? The averaging also to be done inraday? If someone trades as per these calls and the T1 is not reached, should he/she EXIT on close?
 
#6
For intraday traders after averaging just count the points of t1 from first point and make a new target for your self.and the same.if you are intraday trader then you should exit or if you like to hold please post a comment for a specific stock i may suggest you before 3.10 pm
 

rkkarnani

Well-Known Member
#7
For intraday traders after averaging just count the points of t1 from first point and make a new target for your self.and the same.if you are intraday trader then you should exit or if you like to hold please post a comment for a specific stock i may suggest you before 3.10 pm
Thanks, am not trading these calls.. just trying to understand!