Trending F&O Stocks

[NoviceStockTrader]

all craps flying except titan , I got out early in titan short , got distracted due to wrong shorts in maruti / nifty
my trades were contra , 2 loss 1 win => small loss
intraday trading is tough in stocks , positional is good but stocks are also doing up down with nifty , no clear trend

Sorry about your loss. Yes, Intraday one needs to be quick in making up the mind and acting on it. I am a slow person so I avoid Intraday except for a few scalp trades I do.

 

[timepass]

all craps flying except titan , I got out early in titan short , got distracted due to wrong shorts in maruti / nifty
my trades were contra , 2 loss 1 win => small loss
intraday trading is tough in stocks , positional is good but stocks are also doing up down with nifty , no clear trend

The trend looks murkier when seen this way. Banknifty seemed to gap up and trend up slowly the whole day, but was within the big bar of yesterday.

Can't really call it a breakout in BNF, but the currency trend looks good.

 

[NoviceStockTrader]

I am going to watch JUSTDIAL today. It moves in a 10-12 rs range. May provide scalping opportunities.
Dec futures is trading 5 Rs discount to spot

 

[TraderRavi]

I am going to watch JUSTDIAL today. It moves in a 10-12 rs range. May provide scalping opportunities.
Dec futures is trading 5 Rs discount to spot

CMP 383 , high of last so many days

 

[NoviceStockTrader]

CMP 383 , high of last so many days

Yes. Was trading at 5 rs discount. I went long futures 377 and exit at 381.
Futures now at 385

Will look to short at 388 spot.

 

[TraderRavi]

Yes. Was trading at 5 rs discount. I went long futures 377 and exit at 381.
Futures now at 385

Will look to short at 388 spot.

bata looking weak today

 

[NoviceStockTrader]

bata looking weak today

Haven't seen Bata today. Just seeing if I get another chance with JD.
Think LIC could do 558-560 spot today.

 

[NoviceStockTrader]

Ravi sir, check IOC can retest days low again

 

[TraderRavi]

Ravi sir, check IOC can retest days low again

if trend turns down in nifty , what are good candidates for positional short in your list

 

[travi]

Ravi Bhai,
Track these stocks
HINDPETRO (HINDUSTAN PETROLEUM CORP)
CANBK (CANARA BANK)
GAIL (GAIL (INDIA) LTD)
DRREDDY (DR. REDDY'S LABORATORIES)

Can indicate upmove in coming period, all hovering near 20 SMA.