General Trading Chat

[pareshR]

Good Morning

 

[jagankris]

I will try to explain how it happened.
I was trying to cover but could not do due to reliance terminal got hung for very long period, that was different issue but on the whole I missed that opportunity and had to bear loss.

So did not place the stop while making the entry ?

 

[candle]

A mental Stop only.

There should be a SL entry alongwith your entry......ALWAYS. Rather I would say, there may be a Target entry as well associated with these two.

 

[timepass]

NF open = high, BNF open = low

 

[pareshR]

Patel agitation for quota in Gujarat


http://timesofindia.indiatimes.com/...-quota-in-Gujarat-Day-2/liveblog/48674416.cms

 

[Smart_trade]

Market still not stabilised. We are in a global turmoil in which a second largest economy in the world is going through correction. So in such situation traders should trade with extreme risk control as we will get wild moves, volatile moves...so trade with a very rigid stoploss...this is not a time to be brave and hold the losing positions.These conditions are not normal conditions in the market.

Though India is in a much better position to face this turmoil but that may not mean that we will start rallying soon.

Smart_trade

 

[amitrandive]

Looks like might be an Inside day in Nifty today.

 

[pratapvb]

 

[timepass]

Looks like might be an Inside day in Nifty today.

I just noticed. Nifty spot left is 3ema for 2nd day yesterday, today is the 3rd day. 3ema is currently around 7945 (spot)

 

[amitrandive]

I just noticed. Nifty spot left is 3ema for 2nd day yesterday, today is the 3rd day. 3ema is currently around 7945 (spot)

Sharp downspike , sharp bounce back and then slow grinding upmove.