General Trading Chat

[vikas2131]

The short covering rally we saw yesterday seems to have got over in just 1 day.The downtrend may resume today.This shows that the market is still very weak.


Smart_trade

very weak..went long yesterday trapped

 

[Fundootrader]

Market players seem to expect much lower levels - check OI yesterday for 6900 puts

 

[blackberry]

very weak..went long yesterday trapped

oh sad,
1 day rally will never become confirmation for upswing(exceptions).Me 1 lot short yesterday in later session

 

[vikas2131]

oh sad,
1 day rally will never become confirmation for upswing(exceptions).Me 1 lot short yesterday in later session

well my system was telling me to go long...so i went long..anyway nothing is perfect....so its ok..i will recover...more important in here is...no stop downfall...and are we going below 7000???

 

[blackberry]

well my system was telling me to go long...so i went long..anyway nothing is perfect....so its ok..i will recover...more important in here is...no stop downfall...and are we going below 7000???

yes no system is perfect.

 

[pratapvb]

nice start...good mtm in positional and also 20pts partial profit taken on intraday trailing rest

7300 is -2SD2day and also max put OI so booked some

 

[blackberry]

Hope some recovery in intraday, severe cut today

opening 5 minute bar highest volume,Last 4 days

 

[TraderRavi]

nifty 125 down already

 

[TradeJoker]

nifty 125 down already

Mar java Mar java

 

[wisp]

Hope some recovery in intraday, severe cut today

Perhaps if gone long according to system, there may have been some reason (per your system) to reverse around 3.20 or exit position