General Trading Chat

[cinderblock]

I also listen to sukhani whenever get time.... Generally good calls and lot of volume builds up on his calls...
There are times where I have seen effort made to bail out or better exit for them....
I have seen TV anchor often prop up stocks that they or their clients could have positions
TV anchor also appear giving biased opinions ...

I have seen a number of times (by Sukhani too) TV analyst will say something like positional short, intraday long (or the other way around). Without mentioning the relative quantity it effectively means "No position"at that point.

And when the market moves sharply one way (lets say 100 points up), the analyst will ignore the wrong call and say "we were already intraday long and now we have converted it to positional with stop loss 100 points away".

 

[vikas2131]

HDFC and KOTAK bank has done very well even in bad market...

 

[Smart_trade]

ST Da,

Good morning. For you, is 2 a minor pivot high? 3 min Nifty chart

Sideways move in the stomach of bar 1....I tend to ignore tiny pivots in the stomach of large bars.

Smart_trade

 

[Smart_trade]

HDFC and KOTAK bank has done very well even in bad market...

That is because they have less NPA issues. HDFC Bank has large retail loan book and Kotak being a new bank has low NPAs.

ST

 

[vikas2131]

That is because they have less NPA issues. HDFC Bank has large retail loan book and Kotak being a new bank has low NPAs.

ST

sure ..another thing i am seeing that many stocks have stopped falling now and consolidating....bottom is close it seems

 

[cinderblock]

I have seen a number of times (by Sukhani too) TV analyst will say something like positional short, intraday long (or the other way around). Without mentioning the relative quantity it effectively means "No position"at that point.

And when the market moves sharply one way (lets say 100 points up), the analyst will ignore the wrong call and say "we were already intraday long and now we have converted it to positional with stop loss 100 points away".

Didn't even have to look too hard to substantiate my point. The following was Sukhani's advice given after market closing on the 13th of Jan.

"...Given today's big rally the bias should be mildly on the upside, that is for if you are taking a day trade. Beyond day trades I think you should not even carry positions for the next few days. Positional shorts should be maintained."

"So, there are two different streams. One is a positional trade which is on the short side and the other is a day trade which as we speak is on the long side."

Now, there is no mention of his day trade (no idea if he actually took the trade on the 14th of Jan) but since the market was down he maintained his positional short but failed to mention the outcome of the day trade.

Sukhani seems better and has a balanced view compared to others but people need to be aware.

 

[Verde]

I have seen a number of times (by Sukhani too) TV analyst will say something like positional short, intraday long (or the other way around). Without mentioning the relative quantity it effectively means "No position"at that point.

And when the market moves sharply one way (lets say 100 points up), the analyst will ignore the wrong call and say "we were already intraday long and now we have converted it to positional with stop loss 100 points away".

that is the trademark to never accept a loss trade :lol:

 

[amitrandive]

Pain in pharma stocks .
Wockpharma leading the lot downside.

 

[arsh22g]

Khatarnak atka hai yaar day's open pe

PS: Decided to exit long after waiting half an hour :/

 

[simplebuthard]

Nifty Spot 30 Min chart