General Trading Chat

[Fundootrader]

gap below -2SD2 sidewsays moves into -2SD2
then -2SD2 gives support ..further sideways to pb to -1SD2
then down

so what's the outlook now- does 7350 seems good support level. Call writing seen @ 7500 levels

 

[timepass]

58 pts range on NF, 200 pts on BNF. Not much range for intraday traders.

 

[Smart_trade]

Bajaj Finance , largest financier of consumer durables in India, reported standalone net profit of Rs. 408.46 crore for the quarter ended December 31, 2015, registering growth of 58.08% yoy and 46.19% qoq. The company’s Net Interest Income (NII) stood at Rs. 1,312.06 crore, recording growth of 48.39% yoy and 33.16% qoq.

For nine months ended December 31, 2015, the company reported standalone net profit stood at Rs. 963.48 crore, rising by 44.47% yoy. It’s standalone NII stood at Rs. 3,266.48 crore, registering growth of 35.20% yoy.

Source : India Infoline website.

 

[timepass]

Guys, I am not familiar with Amibroker, but is it possible to give labels on RHS like this ?

 

[pareshR]

Today turned out to be a real bad day trading individual stock futures. High volatility and couldn't catch any of the small trends that were there.

I guess it's back to just NF from now on

which stock fut following ??

 

[vivektrader]

 

[wisp]

Bajaj Finance at all time high....see its chart,worth viewing...this is a bluest of the blue chip of 2016 and years to come...

Smart_trade

3 min Bajaj Finance

3 min Nifty

Monthly Bajajfin

 

[amitrandive]

Yeah.... I was looking for stocks which had shown extremes in past couple of sessions, to catch either resumption or reversal of move. Stocks are way more volatile than NF and don't seem to respect swing highs/lows the same way as NF does.

This is not necessarily true.Every stock respects Swing highs and lows on the higher time frames.Depends on which time frame you are looking at.

Also remember this is the earnings seasons where companies declare their quarterly results.So if one stock of a sector posts good results , the other stocks of that sector rise in either speculation or anticipation of good results and same applies for bad results.

The only difference is that Nifty and BankNifty Index futures and Options are more liquid than Stock futures and Options.

Also the increased lot sizes in stock futures has led to lower liquidity in them.

 

[vivektrader]

3 min Bajaj Finance

3 min Nifty

Monthly Bajajfin

I think yours is a chart of bajajfinserv, Bajaj finance closed at 6361

 

[Singhraja]

St sir can you post today chart and possible trades