General Trading Chat

[iwillwin]

Not just Mallya, many of his colleagues are also defaulters
Several Members of Parliament and former Members of Parliament have also defaulted on big loans. Andhra Pradesh tops the list of big loan defaulters under this category.
http://t.in.com/5ZR4

 

[traderniftybank]

7541 was the previous floor, the one that took nifty months to break. Maybe there is something in what Fundootrader says.

and perhaps you know the way, market takes to cross such difficult hurdles.

 

[Somatung]

For once some thing else and not only PL and LPL and so on. Here a fractional analyzes on Nifty which shows super support and a double top at the moment.​

 

[timepass]

how to report to mods? I thought report post is to be used for removal of objectionable posts..??

That red and white triangle.. I used that one to send a message to the mods. Looks like someone read it and moved that thread to "Day Trading" section. I use it sparingly.

 

[trade_beginner]

We can see surprise corrective fall to 7,330 and 7,300 by 15th March

 

[timepass]

For once some thing else and not only PL and LPL and so on. Here a fractional analyzes on Nifty which shows super support and a double top at the moment.​

Thanks. Even I am at all sixes and sevens with this talk about pivots

About Banknifty, the next target does seem a bit far away, but there has been goodly consolidation around the 15177 levels and the momentum isn't waning.

Also, USDINR seems to have some more strength left. It is near its 100DMA. It hasn't sustained below its 100DMA for nearly 2 years now. I think that it will reach 66.80, providing impetus to the financials.

 

[Fundootrader]

We can see surprise corrective fall to 7,330 and 7,300 by 15th March

Reason for surprise - any indicator/chart - basis of analysis ?

 

[timepass]

Reason for surprise - any indicator/chart - basis of analysis ?

Maybe the inflation data (11th), Fed meeting etc..

 

[traderniftybank]

We can see surprise corrective fall to 7,330 and 7,300 by 15th March

A fall to 7330/7300 is no surprise in these volatile sessions
But yeah if it is 6330/6300 then it may be a surprise.
So check again if there is a typo in your post.

 

[Fundootrader]

Broker View - 10 March - SK: up, Angel: up, Motilal: up (All referring to same target levels)

BOJ - Not reducing rates next week

ECB - If ECB reduces rates and more significantly - increases QE - then expect RBI not to proceed with rate cut - to tackle liquidity

Inflation figures expected to stay stangnant to minor upinch - and add to the lack of clarity on govt funding on OROP & 7th pay commission in budget figures and their impact on fiscal target of 3.5% - The probability of RBI rate cuts is - 25% to 50%