Possibility of further downside. If we consider the high and low of the last day candle in futures as a range, a break in either direction can give a sharp sting that way before turning and going the opposite way. This is just a story that played in my head. And the probability of this being on the down side seems more likely. 22350 and 22300 may be likely in this case before we see a short covering rally.
NIFTY1! trade ideas
Sell Nifty Future around 22620 After 12-6th May ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:36 for Hindi Audio)
-No Trades in the morning
-Good Volumes in nifty before 10
-Sell Nifty Future around 22620 After 12;Volume Trade
-How will i trade when market opens tom
Mia Culpa Shorters at 22800-900 range have proved me wrong. I should have thought of the "Retracement" shorters, who are essentially piggyback day traders who wat for a retracement to institutional bulk orders and punch in their own, hoping the levels hold. Plus the news of taxation, did th trick. In this case, we should either fly or Consolidate. Not fall further.
Sold Nifty Future with Yesterday's Sl as Trigger-3rd May ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:56 for Hindi Audio)
-No Trades in the morning
-No Good Volumes in Nifty before 10
-Sold Nifty Future with Yesterday's Sl as Trigger
-How will i trade when market opens tom
Day Trader Trading Nifty Futures & Options-2nd May ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:24 for Hindi Audio)
-No Trades in the morning
-Couldn't capture the big moves in nifty
-Wanted to buy Nifty Future but couldn't find a good entry.
-How will i trade when market opens tom
Nifty Breaking day Low;Triggered a sell at Vwap-25th April '24Below mentioned points are discussed in my post analysis video(Fast forward to 0:27 for Hindi Audio)
-No Trades in the morning
-Good Buy Volumes in Nifty Before 10
-Nifty Futures Breaking day Low;Triggered a sell at Vwap.
-How will i trade when market opens tom