General Trading Chat

I have stopped trading sub 200 Rupees stocks as the sl levels become tight in terms of % of price movement. My view on JPA would be a contra to yours. :)
The way it's falling, seems like Union Bank will soon be out of your range :)
 

amitrandive

Well-Known Member
JP Associates .. seems to be struggling a bit around 27 level, which is also the neckline of inverted H&S on the daily. If breaks with force, can see a significant upside of 3-4 Rs.

TP

It seems you are married to JPAssociates.
Just a friendly advice.Please start searching for opportunities in other stocks.
Do not revenge trade and try to get trading setups in that stock.Price levels are very low to get a worthy trading setup.
 

oilman5

Well-Known Member
just now based on global scenario+ fund flow, i find indian market ,has some -bias in short term.Since 8900 is ok, with favorable Rbi trigger it can go upto 8900+400=9300, means high probability of writing feb call. So i am taking this trade now nifty feb9300 call writing, in case downslides occur within a week , i will sell future nifty,+ buy put.
 
We can also trade in cash and trade as many quantity as we want.
:D
TP

It seems you are married to JPAssociates.
Just a friendly advice.Please start searching for opportunities in other stocks.
Do not revenge trade and try to get trading setups in that stock.Price levels are very low to get a worthy trading setup.
Almost everyday, you will find JPA under the "most active securities" on nseindia.com, it gives good trade in cash segment too, and the breakeven is less than 1 tick.
 
The way dow fall I guess it will loss more 500 ..
Seems we done for peak of 2015 for nifty today ..IMO
Huh...nifty peak for 2015 ? I thought 2015 has just begun and so has the bull market.

ST
Yet another new top................it pays to be with the trend.For 7th consecutive day Nifty is making new tops every day and for 9 consecutive days it is making higher bottoms.

Smart_trade
 
If someone wants to trade swing, keep an eye on Sudarshan Sukhani's view on the markets...he comes on CNBC and I find him one of the consistantly profitable swing trader....he is bullish from 8400 and buying all dips of 40-50 points in NF....

He was also bullish on Bank Nifty.

Take general guidence from him and follow own system.

Smart_trade
 

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