General Trading Chat

[Smart_trade]

ST Sir, any particular reason you expected this bounce back?
Modi level holding ?

Spot Nifty Weekly

I find that market was oversold and a bounce I was expecting since morning and I was in profit taking mode...I dont think that this is the final bottom...and this bottom will be broken again but we will have relief rally and swing shorts need to be closed.....

I do not think that there is too much room in below 7200 so the market needs to go up, make space for next fall....I am not expecting 6800 or 6500 etc.

Smart_trade

 

[333]

Any news for recovery or hni operators play?

Arun Jaitley Buying Bank Nifty spot hit 14490 with in 5 mnt with JET LEE style 14700 hit :lol:

 

[pareshR]

yes 100 points recovery from bottom :clap:, for me not tradable setup

means you are following your system, method, rules etc with discipline.
discipline traders always successful n get reward

 

[vivektrader]

Hi Vivek
yes its big round number too..but some more reason
7200 is a big Psychological no..so many traders are waiting there to buy..investors also..if we see PA on that level..a big red candel with very high volume..showing exhaution..all big player dumpes their position for time being..
last low was made 20 jan 2016 which is already break..& now in near time no levels..after that only most important that low made in MAY 2014..18 monthes before ..1 go main nahi tootega
thanks

Thanks buddy.

 

[Smart_trade]

Sahi kaha,aur BIG BOYS ki to hamare ST sir aisi taise karte rahte hein :clap:

I dont do " aisi taisi " of anyone...I just concentrate on managing my positions well....sometimes I succeed ,sometimes I dont...

Smart_trade

 

[vikas2131]

Arun Jaitley Buying Bank Nifty spot hit 14490 with in 5 mnt with JET LEE style 14700 hit :lol:

bruce lee and now JET LEE :rofl::rofl::lol:

 

[arsh22g]

arsh ji europe ka kya haal hai

DB gained 8%, as it assured to buy back bonds in order to decrease coupon payments and default probability, Barclays also announced raising additional equity to shore up capital, it led to an overall BFSI bulllish sentiment. But SPX has a resistance at 1863.3, that's where our NF fell back from. Just now, UK industrial production number came -1.1%, worse than expected. Let's see how the market behaves now..

 

[amitrandive]

I find that market was oversold and a bounce I was expecting since morning and I was in profit taking mode...I dont think that this is the final bottom...and this bottom will be broken again but we will have relief rally and swing shorts need to be closed.....

I do not think that there is too much room in below 7200 so the market needs to go up, make space for next fall....I am not expecting 6800 or 6500 etc.

Smart_trade

Thanks for your reply.

This is how it looked on the 5 min Chart , climatic volume changes.

NF 5 min

 

[vikas2131]

DB gained 8%, as it assured to buy back bonds in order to decrease coupon payments and default probability, Barclays also announced raising additional equity to shore up capital, it led to an overall BFSI bulllish sentiment. But SPX has a resistance at 1863.3, that's where our NF fell back from. Just now, UK industrial production number came -1.1%, worse than expected. Let's see how the market behaves now..

DB might become the next lehman brothers if things continue same way for more time..

 

[cinderblock]

DB might become the next lehman brothers if things continue same way for more time..

DB has the word "Deutsche" attached to it for a reason. German government / Germany will not let it happen.