General Trading Chat

[pareshR]

PM Modi announces relief of Rs 1,000 crore for rain-hit Tamil Nadu ( internet source )

 

[timepass]

Nifty is trying to make a right shoulder on H&S on the daily. If occurs, it means a 700 point downfall to about 7000

 

[rahulmalik]

Yes, Europe and US market are in red, but both these markets have their own concern, particularly European market (which is in deep red). (It takes no time to take a U-turn for US markets.)
Secondly, I agree, these factors dampen the sentiments of our market as well. Though our market follow them but do not follow them blindly.

Further, I posted, what I saw in the charts and as usual, I may be wrong :lol:

Lets see how all of this goes. The way I see it, if we go up, BNF should show more bullishness than NF. I am somehow not convinced with this selling, although it is happening for real.

 

[insursi]

Looks like USD INR is at the make or break situation at this moment (66.915)

 

[Blackhole]

Nifty is trying to make a right shoulder on H&S on the daily. If occurs, it means a 700 point downfall to about 7000

dheere bolo ....taneja saheb ramji se 6666 :lol: mangne lagenge.....phir hum mahadeo bhakto ka kya hoga :lol:

 

[nitingosavi]

is there any direct relation of USD index and our markets ?

this question might be silly. but I Don't know.

USD index is USD against as basket of major currencies. similar might be with EURO index. but that's the only thing I know.

how USD index effects/affects our markets.

 

[amitrandive]

So true for all traders

 

[manojborle]

Nifty is trying to make a right shoulder on H&S on the daily. If occurs, it means a 700 point downfall to about 7000

Dear Timepass
I am not sure whether H&S should be forming in prevailing downtrend.

The way I see it has formed a low followed by double bottom and now in the process of forming Higher Low.

 

[TraderRavi]

Lets see how all of this goes. The way I see it, if we go up, BNF should show more bullishness than NF. I am somehow not convinced with this selling, although it is happening for real.

ye lo ji , jahan se rally start hui thi , wahin daal diya 7820/17000

 

[rahulmalik]

sl hit for longs :annoyed:

Waiting for fresh positions