General Trading Chat

[stock72]

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

I was bullish right from 8100 to 8700 .. But at this 8950 I really scare to buy

 

[Smart_trade]

I was bullish right from 8100 to 8700 .. But at this 8950 I really scare to buy

Sorry to say but you are always one full cycle out of phase with the market....being bullish at 8100 was wrong as at 8100 we were in downtrend....bullish only after trend becomes positive and bearish only when trend becomes negative....

Take the above comment only for the purpose of your improvement...else I never criticise anyone's trading. All left to their own ways of trading....feel free to ignore this comment also if you feel that this comment is out of phase with the reality.

Smart_trade

 

[niftychartreader]

Sudoku bro

:clap: :clap: :clap:

 

[oilman5]

I was bullish right from 8100 to 8700 .. But at this 8950 I really scare to buy

........................................................................

all intermediate term traders ,booking frofit now, as market is holding. only rbi some curtail in interest improves situation-another 400-450 nifty up,also if no interest cut =400about fall,so its mob pt,- however trigger budget is on 27th feb,-so safe under write nifty 9300/9500.
doller/inr sugests fii selling started, so trade with caution.
infact both call/put underwrite possible now.

 

[stock72]

Will take it in positive and look for the elements to correct

Sorry to say but you are always one full cycle out of phase with the market....being bullish at 8100 was wrong as at 8100 we were in downtrend....bullish only after trend becomes positive and bearish only when trend becomes negative....

Take the above comment only for the purpose of your improvement...else I never criticise anyone's trading. All left to their own ways of trading....feel free to ignore this comment also if you feel that this comment is out of phase with the reality.

Smart_trade

 

[amitrandive]

Daily Chart of Spot Nifty

 

[HEM]

Some methods which will aid our aims apart from trading techniques
1) Take loan when capital is unavailable
2) Use derivatives pay premium and hold positions without putting capital. Pay less tax as well.
3) Shares can be pledged. Pledged shares margin can be used for trading
4) Current account allows negative balances. that can be uses
Any other ways by which same money can be recycled to give higher capital or which gives money at very less interest. I would love to know please share.

One more
5) Use credit card for monthly expenses like light bills, water bills, and shopping. You can pay after you make your profits on expiry

All this only on consistent returns....

which one is easier aiming to make 30000 / month with 1 lac of my capital no loan or

aiming to make to make 30000/ month with 10 lac loan after paying off 15000 EMI/ month or making 45000/month with 10 lac

Credit cards my favourite it gives me 45 days credit with 0 % interest. I pay my Jan bills through credit card and pay credit card bill well before my 15 feb due date after I get my money for the month of jan from all my sources... stock market/ and other sources. So in sense I can fully invest for max returns without withdrawing for my miscellaneous expenses

 

[amandeep86]

Daily Chart of Spot Nifty

Amit

How did u draw trendlines and SR lines on this chart by ETMarkets ,could not find any option to draw lines ..

 

[amitrandive]

Amit

How did u draw trendlines and SR lines on this chart by ETMarkets ,could not find any option to draw lines ..

amandeep

If you click on the line,there are various options available.

 

[timepass]

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

So what is the TD reading on Nifty and Banknifty ?