Cannot say. As of now trend seems to be reversing. Monday will be actual confirmation if the short term bearishness will go away or not. Nifty and banknifty both in murky waters
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|FNO Warrior| |Price Action Therapist| TREND is your BEST friend. Views expressed are purely my own and for educational purposes only. Firm believer of price action trading strategies.
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Don't track bnf much, too volatile for my taste. I see upside in bnf also but I think it will underperform the general market in coming days.
Even an EOD closing on Nifty spot above 14760 will have bullish connotations for next week.
Expecting a major leg up in #Reliance on Monday if closes above 2063-2065
Here we go. Bulls just won the most important auction in market profile. It's full steam ahead, atleast for today. Not sure what Monday holds. Ride longs till 3,3:15 PM
3x met for scalpers. Positional folks keep in mind strict trend change only if nifty closes above 14800. Otherwise anything is fair game for both bulls and bears
2x met for scalpers. For positional and intra players, taking out 14680 in spot will lead to massive short covering. Closing above 14660-680 convincingly today will open doors for 14800 on Monday. In the slightest chance of closing above 14800 today, nifty will target new all tim...
Zerodha has also issued a clarification. Btst trades are allowed. On squaring off btst trades 60% of proceeds can be used in fno and whole proceeds can be used to buy other equity cash. So basically same thing I said. Need to have 40% margin total to execute cash btst trades
Bhai from what I have confirmed from local brokers they say earlier no margin was required for cash equity. Now 20 percent is required to buy or sell. If you buy today and have no additional margin then you can sell only after settlement but if you have equal margin as buy margin...
If you buy and sell 1 lakh reliance shares today and tomorrow, each day will require 20 percent margin each
It is possible. Buying and selling both will take 20 % margin each
Update : No clarity on btst trades. Most people saying btst trades now stopped but my broker says it's still active with new margin rules. Please do your own due diligence
Just confirmed with a few brokers, BTST isn't closed. Wrong news being spread
RSI generating buying signal and counter consistently finding support at 396 which is previous resistance. Also, failing to close below 400 on daily basis.bIf I'm not mistaken long can be taken in the counter with SL a little below 396 right? Or short taken once the support is ta...
Buy bata between 1238-1242 Sl 1229 #BATAINDIA