General Trading Chat

[cinderblock]

If 7000 does not hold - next stop 6800 - the day the rally started before the election result.

Abhi to sirf high beta stocks gir rahe hai 5%. Capitulation is when HDFC, LT INFY start falling >5%

 

[Pradeep Narayan]

7000 should hold, if we were to rally 10% from here. Else we may have large scale panic

 

[vikas2131]

7000 should hold, if we were to rally 10% from here. Else we may have large scale panic

going below 7000 means..below 6000 sooner or later

 

[TradeJoker]

Sellers ke ghar me ladoo jalebi

 

[vikas2131]

If 7000 does not hold - next stop 6800 - the day the rally started before the election result.

Abhi to sirf high beta stocks gir rahe hai 5%. Capitulation is when HDFC, LT INFY start falling >5%

people are hiding in selected pharma and auto stocks ..when those stocks start going down heavily..that is when it will be absolute carnage..

 

[pratapvb]

booked all at 7020 odd intraday and postional ...will look to re-enter

-2SD5day was 7012 then

LOD 7011

 

[arsh22g]

frankly I still not able to understand trading nifty looking at something else. As technical traders what we want it factored into the chart and TF we are trading.

looking at something else one could look to tighten SL or relaxed etc maybe ... but initiating counter trade trades is like standing in front of an express train when there is a strong trend.

I know Sir, but trading just technicals doesn't fit into my long term plan, so trying to understand the dynamics

I call the losses as R&D expenses, have already kept provisions for these.

 

[vijkris]

hope all r enjoying shorts...:thumb:
spot below 7k

 

[pratapvb]

Thanks for sharing this chart for postional trading
I am metnioning it as I understand it right..
Its 15 min chart..& we put 60 min ama on it..am I right?
whats is ribbon below the hourly minor trend?..what afl use for color change of those candels?
thanks

it not 60 it is daily ama TF = 1440 .... color of candle addition I just did yday but the generic AMA version is shared

the ribbon below is 60min minor trend on the 60min pvts marked

 

[cinderblock]

If at all there's a rebound, now is the time :thumb: