General Trading Chat

[rahulmalik]

Whats the buzz with Tata steel? Anyone know? Showing a lot of resilience on bearish days and buzzing 3-4% even if nifty ends up with 30-40 point gain.

In my understanding - such moves are usually 'leading indicators' before the news come in

 

[Riskyman]

In my understanding - such moves are usually 'leading indicators' before the news come in

Ya see already up 6.5% now. From early this morning, 230 CE was unwinding and 220 pe piling on. Missed a good trade

 

[insursi]

Ya see already up 6.5% now.

Real fireworks in Metal index and PSU bank index today

 

[Riskyman]

Real fireworks in Metal index and PSU bank index today

Rally in metal Index unlikely to sustain. Give it a weeks time and it will go back to under performing.

 

[praveen taneja]

NF broke HOD but reliable only if crosses 7660

puts not falling with index as well as calls not rising keeping finger cross to buy BN put 15500 175 ayega

 

[lemondew]

If 7620 was resistance and it got broken. Now it should be support. what should be the ideal SL level below support level so that we give fair amount of chance it holds unless its a false breakout

 

[TraderRavi]

puts not falling with index as well as calls not rising keeping finger cross to buy BN put 15500 175 ayega

16000 put lost 200 points , 16600 put lost 310 points, put not falling ?

 

[TraderRavi]

If 7620 was resistance and it got broken. Now it should be support. what should be the ideal SL level below support level so that we give fair amount of chance it holds unless its a false breakout

those not long so far , long only if NF sustains over 7660

 

[rrrajguru]

If 7620 was resistance and it got broken. Now it should be support. what should be the ideal SL level below support level so that we give fair amount of chance it holds unless its a false breakout

To go UP, technically it should not close below 7595.

 

[insursi]

Rally in metal Index unlikely to sustain. Give it a weeks time and it will go back to under performing.

Heres my observation on metal index.