General Trading Chat

[TraderRavi]

bulls looking nervous

nifty is looking more solid today than banknifty :thumb:
today banks looking nervous , now I am also nervous

 

[ROCKSTAR55]

Shanker sharma ji saying we are in long term bear market from 2008 with cyclical bull rallies thrown in , not long term bull market as most people think.

Read more at: http://www.moneycontrol.com/news/ma...ar-sharma_2941681.html?utm_source=ref_article ,

Just watched interview of Ajay Bagga.He said he analyse statements of different market experts to form his opinions on market direction.For example if Shankar Sharma is telling we are in bear market, it is the indication of bear market bottom has been formed and we will start moving upward.

 

[rahulmalik]

nifty is looking more solid today than banknifty :thumb:
today banks looking nervous , now I am also nervous

I have started trading BN instead of Nifty, looks more predictable and big moves give quick results.

 

[timepass]

The infallible Sharekhan falls .. Tatamotors quote not updated since 9.21

Also check out the HLCO values

 

[wisp]

I have started trading BN instead of Nifty, looks more predictable and big moves give quick results.

and quick losses beware :rofl:

 

[rahulmalik]

and quick losses beware :rofl:

Yes, that is what I said - quick results - profits or losses :lol:

 

[TraderRavi]

THE problem with upmoves is , generally vix falls with upmove so option premiums reduces so you get less profit , while with downmoves vix increases so puts values increases more with same points as in upmove so you get more profit.

 

[VaibhavPRO]

looks like Intraday trader wont get anything today..

 

[TraderRavi]

call writing at 8000 level is less than put writing , so lookslike nifty may reclaim that level .

 

[rahulmalik]

THE problem with upmoves is , generally vix falls with upmove so option premiums reduces so you get less profit , while with downmoves vix increases so puts values increases more with same points as in upmove so you get more profit.

try trading deep ITM options, they work well , with rarely any premium