General Trading Chat

[Smart_trade]

Good downmove in NF.

Smart_trade

 

[amitrandive]

sl hit for longs :annoyed:

Waiting for fresh positions

How are you long overnight ?
please post charts

 

[Blackhole]

How are you long overnight ?
please post charts

amit he might have taken contra trade......

 

[timepass]

Banknifty :

Open = low = 16968.55

 

[rahulmalik]

How are you long overnight ?
please post charts

not overnight bhai. I shorted 7700 puts in the first crack of 8000, when we came down from 8300. That is when i exit my call shorts, and entered put shorts. So my puts holding period today had exceeded 15 days now. Overall exit today in profit. But when we were above 7950, 2 days ago, my profit was 5 times more

If you see my posts, I have been in longs since then

I hope to get opportunity to trade, within today / tomm.

 

[wisp]

Nifty futures at strong support area.

 

[vishnu_1990v]

ST Da,
Pls reply On gap down or gap up days how do you trade.
vishnu_1990v

 

[amitrandive]

not overnight bhai. I shorted 7700 puts in the first crack of 8000, when we came down from 8300. That is when i exit my call shorts, and entered put shorts. So my puts holding period today had exceeded 15 days now. Overall exit today in profit. But when we were above 7950, 2 days ago, my profit was 5 times more

If you see my posts, I have been in longs since then

I hope to get opportunity to trade, within today / tomm.

Oveall Spot Nifty bearish


Daily Chart of Spot Nifty

 

[insursi]

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.

Hi Nitingosavi
USD-INR chart is inversely proportional to Nifty50 index. As far as I know, whenever theres a sharp rally in USDINR, our market rally's in the opposite direction of currencies index.

Example, Yday ECB's announcement somehow unsatisfied the street, so dumbling in equities nevertheless, sharp rally in USD-EUR index (Usd fell from 100.18 to nearly 97.8 something).

Thats all I know, If any one has more, do share.

 

[wisp]

Good downmove in NF.

Smart_trade

ST Da,
When price opens around strong support area, but trend is down, what are we supposed to do intraday? Visual trend down, so take pivot break or just wait