Diary of a day trader - Part 2

@ ST Bro & others

I have small naive query please answer when time permits...

Say we have an intraday pivoy high of 100
and we want to buy above it (5min TF), So we buy when candle closes above 100 or anytime when price is above 100
 
@ ST Bro & others

I have small naive query please answer when time permits...

Say we have an intraday pivoy high of 100
and we want to buy above it (5min TF), So we buy when candle closes above 100 or anytime when price is above 100
We buy when the price crosses 100 on the upside. If your method needs the pivot break on closing basis, then wait till the close and buy when the bar closes above 100.

ST
 

VIKAS 21

Well-Known Member
@ ST Bro & others

I have small naive query please answer when time permits...

Say we have an intraday pivoy high of 100
and we want to buy above it (5min TF), So we buy when candle closes above 100 or anytime when price is above 100
WE will enter at 100 but will quickly come out if price is not able to give closing above 100....
 
ST, 6005 up leg finished at 6029. Bearish patterns on intraday charts. It may come back around 6000 and then move up further. May be. As sbi is sinking, and expiry week is on to eat away option premium. Toh jhatke wala kaam hoga agar hoga. BTW, I shorted BNF.
I think market is trying to consolidate.......If u c d FII activity.....in option index....Thursday they bought 1400 cr.....on Friday ..sold 1440cr......So I am waiting for this expiry.....So guys.....BNF or NF range bound rahena ka chance hai...till..this exp..........:thumb::thumb::thumb:
 

EagleOne

Well-Known Member

EagleOne

Well-Known Member
I think market is trying to consolidate.......If u c d FII activity.....in option index....Thursday they bought 1400 cr.....on Friday ..sold 1440cr......So I am waiting for this expiry.....So guys.....BNF or NF range bound rahena ka chance hai...till..this exp..........:thumb::thumb::thumb:
Yaar itne complicated chakkar mein kyon fanse. Options ki khaal utrani hai, simple sa mathematics hai expiry ka! :lol:
 

EagleOne

Well-Known Member
will add above 12804......:)
ab 585 pe add karna...agar ruka toh! :lol:


Apun toh bahar hain, coffee ki chuskian le rahe hain! ;)
 

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