General Trading Chat

[wisp]

Same strategy in tamilnadu, amma hotel,amma cement,amma mobile,cycle , TV etc. for common ppl it's great help, so they respect amma jayalalitha than god

and the money for all of these comes from liquor sold to the poor http://tasmac.tn.gov.in/brandwise.asp

Many cases of 13-14 year olds (including girls) getting drunk at those barely lit dark Tasmac shops.

Most of the mixies, grinders and tvs dont really work they say (manufacturers must have made tonnes).

 

[kaalchakrasamay]

Fine, then we need an honest new party

Then we can not see an honest party in our lifetime or to say few centuries to come. :lol:

 

[simplebuthard]

While from 1 year before this time (2014 Dec 4th to 2015 Dec 4th), markets dived 10% lower , but few stocks got attention of investors. Here is the list.

 

[Vertigo_1985]

Fine, then we need an honest new party

Dont wait for any new party.. participate in the democracy by raising issues that concern u, give constructive feedback and take small actions which will help the nation, take responsibility of country in ur own hand.

 

[Smart_trade]

hello ST sir and other senior members ,
can you please guide how to look for momentum of price during intraday trading in nifty and stocks as it plays an important role in identifying a breakout or a breakout failure .

Regards
ABBAS

I keep tracking Advance Decline ratio during the day. If market is drifting down but AD ratio is not deteriorating, then there is a possibility of breakdown failure, false starts etc. But when AD ratio also in phase of market movement, we get good momentum in the direction of market moves.

Smart_trade

 

[sangram1705]

2-3 days before the reversal NF was finding it difficult to go higher and in all the attempts it was finding it difficult to hold the higher prices. That was evident from the hourly bars with long wicks on the upper side.

For hourly bars NF was in the horrizontal zone of 7960-8000 for about 16-17 bars and low of this range was a pivot.

So below 7960 was a short trade and if it had closed above 7960 I would have covered short and tried the short trade the next day again.

Smart_trade

Dada,
when trading breakouts in swing trading. should one wait for the breakout candle to close below/above a pivot, or place a limit order.

I am asking this because people trading crude yesterday must have observed the failed breakout & also if one didnot have a stoploss then must have done serious damage to account as they didnot get the opportunity to exit.

My stop also hit, but i could reverse my position because of your post. Your post regarding virtual high. Anyhow could net +50 pts.

Thanks

 

[praveen taneja]

??Red Friday converted to Green Friday ??????

Dow + 370
Nasdaq +105
Dax Fut +100
Hanseng Fut +150


SGX NIFTY +50

 

[praveen taneja]

Congratulations to Narendea Modi !!!
INDIA rank first in Investment defeating US AND CHINA. INDIA has achieved 42% growth in investment in last one year. It is one of the biggest achievement of Modi Government. ????????
This is slap to those who critises Modi's Foreign visits.
Jai Ram JI KI

 

[Smart_trade]

From Monday onwards I will keep a note of all the trading calls of Sudarshan Sukhani for next 6 months to see whether or not he talks sense.All these will be based on the analysis he gives on CNBC before the market opens and real market levels.I will track only Nifty calls.

I have been tracking him for last 2 years but not made any written records. I dont trade on his calls but I find them very sensible. I wont post the calls in the forum because it will amount to encouraging calls giving but at end of 6 months will post record all calls with stoploss, profit taking etc as a trade record....some new project for learning. This is only academic...I am not a subscriber of any of his service, newsletter or anything nor I have any interest in promoting anyone.

Let us see how it goes.....

Smart_trade

 

[TraderRavi]

I want to keep record of kaale baba's calls for one month to check for their accuracy, but he generally says " move could be grinding or furious and direction decide yourself "
that means if nifty =>
moves down : call accurate
moves up : call accurate
move slow : call accurate
move furious : call accurate

conclusion : no need to keep record, 100% accuracy