Day Trading Stocks & Futures

[Riskyman]

I dont know if i can say by closing but all i can say is that it might progress like below.Cheers mate

Thanks for your response.
Closing below 11600 can mean that we will fill the gap soon. If we close above 11600 it could mean that bulls will try to defend it as it has been a support since mid May and we will need more time for that gap filling.

 

[mohan.sic]

Entered long 11700 CE 32.5

AVG 11700ce at 26.5
And bought again 31000ce at 98

 

[john302928]

By Demon, I meant demonetization.

Current guys trying to fix is what I was referring to the thermal power capacity created before 2014 which works only with foreign coal and that forced us to import coal. Not that India has any coal shortage. Modi Govt asked Coal India to set up washeries to improve the domestic coal so that it matches with the unrealistic capacity that was earler created. I am tracking Coal India for the last 3 years and this information is public.

Yeah I got that demon means demonetisation after I was corrected by riskyman. thanks to him and you for correcting. so I have edited the previous message with additional message.
I would greatly appreciate first if they could let the public know howmuch money cameback due to demonetisation and howmuch black money they curbed because of that and they promised to clear all the black money of Indians in swiss banks. Five years gone for that promise and we are inching close to 3 years since demonetisation. But I dont see any actions. First they have to clear the mess they created in the recent past then they can have their head straight and clear the mess others created. Each government says the mistakes of other government to fool us by hiding the mistakes the created. We just believe them. its nature.
Think honestly howmany of budget points stated by FM are realistic.god bless.

 

[john302928]

Thanks for your response.
Closing below 11600 can mean that we will fill the gap soon. If we close above 11600 it could mean that bulls will try to defend it as it has been a support since mid May and we will need more time for that gap filling.

I am glad it broke 11600 now and made a low so far 11587 but my initial expectation for this wave 3 was 11594, when i was responding to somebodys post when he was expecting 11700 as support. So my expectation is fulfilled and secondary expectation was 11555 zone. it might happen in wave 3 itself or wave 5. Market is just great

 

[mohan.sic]

What's happening...so much time to pull back..hope it's not getting ready to break down again ...

 

[mohan.sic]

AVG 11700ce at 26.5
And bought again 31000ce at 98

Exited BN CE 31000 at 112
Exited Nifty CE at 29.5 at break even after AVG.

 

[john302928]

Todays top gainer Yesbank might fall to 92.5 and 91.7 intraday levels. cmp 93.5. lets see.
91.1 /90.1 /89 are also on the visibility today. I am just keeping an eye to howmany levels hits today

 

[Raj232]

Exited BN CE 31000 at 112
Exited Nifty CE at 29.5 at break even after AVG.

Breakout is due @ 1:30 PM or max 2 PM on Banknifty .. according to me .. !! .. lets see..
.. approx 100 - 150 points from current levels of 30800 BNF

 

[sridhga]

Yeah I got that demon means demonetisation after I was corrected by riskyman. thanks to him and you for correcting. so I have edited the previous message with additional message.
I would greatly appreciate first if they could let the public know howmuch money cameback due to demonetisation and howmuch black money they curbed because of that and they promised to clear all the black money of Indians in swiss banks. Five years gone for that promise and we are inching close to 3 years since demonetisation. But I dont see any actions. First they have to clear the mess they created in the recent past then they can have their head straight and clear the mess others created. Each government says the mistakes of other government to fool us by hiding the mistakes the created. We just believe them. its nature.
Think honestly howmany of budget points stated by FM are realistic.god bless.

I am a practicing CA. I deal with taxes and people coming to me with tax planning both on the Direct and Indirect taxes. I had seen Demon wiping out several Sales Tax evading businesses and I can tell you that it is not a coincidence that Demon was executed near to the GST implementation time line. On the Income tax front I need not even comment. Demon flushed out several Sales Tax scams. Now GST has put all such traders in a corner. I am happy for the Nation. Demon is good for this country. If you need more details, I can certainly explain with examples of Sales Tax fraud that was happening in this country left, right and center. Previous Governments neither had a clue nor an intention to remove that menace.

 

[iwillwin]

Consumer king Bajaj finance Rajiv Bajaj seeing slow down in consumer demand/spending....