General Trading Chat

[TraderRavi]

leaving permanent gaps in some pockets

such a hole ki pant mein hole hai , ki sala hole mein pant hai , pata nahi chal raha , #operators ka satyanash ho# :annoyed:

 

[rahulmalik]

Yes, agreed. Today's resistance may or may not hold.

Next move is going to be interesting.

Just an upfront gut feeling - with so much of damage already done, is it possible we might not even make a double bottom (i am anticipating new lows though), and just move up ?

May not be a very ideal way ,but gives something to work with


15 min chart of Spot Nifty

 

[pareshR]

leaving permanent gaps in some pockets

such a hole ki pant mein hole hai , ki sala hole mein pant hai , pata nahi chal raha , #operators ka satyanash ho# :annoyed:

may be soon we start wear Lungi/dhoti :rofl: :rofl:

 

[Singhraja]

St sir please post today chart with possible trades

 

[Fundootrader]

India Vix down - 6%

S&P Vix down - 3%

Upmove tomorrow ?

 

[Fundootrader]

Check OI data after 5:30 pm.. will be updated later some time only after market closing.

Checked - Similar data

Also interestingly - All leading stocks have same setup in their option chains - Puts open interest reduced for 2 strike prices and calls open interest high 1 strike higher than the price.

Seems market movers/makers already ready for major move tomorrow - We retailers don't know which way it will be - up or down

 

[timepass]

India Vix down - 6%

S&P Vix down - 3%

Upmove tomorrow ?

India vix is not down, it went up today, closed at 18.5075; yesterday's close was 17.80

 

[PUCHU_2500]

FROM TODAY I WILL USE 200 MA TO AVOID TOO MANY TRADES. I WILL TAKE ALL LONG TRADES ABOVE 200 MA AND TAKE ALL SHORT TRADES BELOW 200 MA. THUS I WILL BE ABLE TO REDUCE TOO MANY NOS OF TRADES. TF 5 MIN CHART. NEED EXPERT's COMMENTS. PLS.......1 OR 2 TRADES ARE OK.....BUT WHEN MY ONE TRADE GOES AGAINST ME I TAKE TOO MANY TRADES TO MAKE UP THE LOSSES......AND THE FINAL RESULT IS LOSS AND LOSS.......

 

[blackberry]

FROM TODAY I WILL USE 200 MA TO AVOID TOO MANY TRADES. I WILL TAKE ALL LONG TRADES ABOVE 200 MA AND TAKE ALL SHORT TRADES BELOW 200 MA. THUS I WILL BE ABLE TO REDUCE TOO MANY NOS OF TRADES. TF 5 MIN CHART. NEED EXPERT's COMMENTS. PLS.......1 OR 2 TRADES ARE OK.....BUT WHEN MY ONE TRADE GOES AGAINST ME I TAKE TOO MANY TRADES TO MAKE UP THE LOSSES......AND THE FINAL RESULT IS LOSS AND LOSS.......

Taking 200 ma as reference for long and shorts may not help if you try to make up your losses in a single day.Make Decipline or whatever you make rule.eg no trade for the day if I loose 2 trades simultaneously.Like today when index is 100 points down one can be biased towards shorts and ended in loss by shorting at higher levels intraday.

 

[vijkris]

Taking 200 ma as reference for long and shorts may not help if you try to make up your losses in a single day.Make Decipline or whatever you make rule.eg no trade for the day if I loose 2 trades simultaneously.Like today when index is 100 points down one can be biased towards shorts and ended in loss by shorting at higher levels intraday.

during reversals 200 ma as reference will give huge loss. In trending days huge profits.