General Trading Chat

TraderRavi

low risk profile
USDINR hovering around 100DMA after a long time. I guess it will do some timepass around these levels, appreciating to 66.8 region and down to 67.5 region, before further direction.

The point in favor is that it is the beginning of the month and there's isn't much demand from the importer/exporters as yet (it usually comes at the month end). The point against is about the Fed meeting next week.

200DMA is at 65.88, maybe it can rise to that level.

may be some upside till 67.5-68, more than two rs fell in last 2 weeks.
 
Na jaane bears kaha se dhoond dhoond kar negative news nikal rahe hai? :D

And the market is a percent up :thumb:
Fwd???????????????????????????????????????????????????????????????????????? Chinese exports decline 24 percent.

Chinese foreign exchange declines.

Fiis have bought put Options of 6000 crores approx.

Call writing by fiis of 7600 to 7700 levels so 7600 and 7700 looks impossible to cross.

Dollar rising a big scare for world markets.

Rbi unlikely to cut rates before April policy.

All fiis voices say we are in a bear market rally.

Fed expected to hike rates this year.

All data above suggests markets can go down heavily.

Don't go short But one can buy puts of stocks and nifty.

Elliot wave suggests still Nifty can go to 5500 this year. ( Just a chart view) nothing to be scared of.

Rally in base metals to end as Chinese data is horrible..

North Korea also ready for a war.

Fiis have started selling now soon 7000 may Break.world markets also crashing.

Dow Jones not expected to cross 17300 to 17500 and may fall to 15300 again.

Banking scams again in indian PSU BANKS.Bank nifty to touch 11000 now

Dollar to touch 72 according to charts.

2016 world mkt targets

Dow Jones 14400

Nifty tgt 5500. Worst case scenario tgt on Nifty 4800

Dax tgt 7000 to 6000

Ftse tgt 4400

Cac tgt 3300

Hang seng tgt 16000 to 15600.

Shanghai tgt 2000 to 1800



BJP MAY LOOSE MOST OF STATE ELECTIONS A MAJOR WORRY.

This is the Biggest depression in world coming after 1930 and Expect Dow Jones to touch 12500 levels or even 11000 levels. IN SUCH a event Nifty can go down to 4000 levels also.

Crude expected to touch 20 dollars soon.

Bloodbath coming in world ??MARKETS.BE READY.:clap::clap:
aaded more 7300 puts at 23.55
7373 de de baba
Jai Ram Ji KI:p:p
 
Fwd???????????????????????????????????????????????????????????????????????? Chinese exports decline 24 percent.

Chinese foreign exchange declines.

Fiis have bought put Options of 6000 crores approx.

Call writing by fiis of 7600 to 7700 levels so 7600 and 7700 looks impossible to cross.

Dollar rising a big scare for world markets.

Rbi unlikely to cut rates before April policy.

All fiis voices say we are in a bear market rally.

Fed expected to hike rates this year.

All data above suggests markets can go down heavily.

Don't go short But one can buy puts of stocks and nifty.

Elliot wave suggests still Nifty can go to 5500 this year. ( Just a chart view) nothing to be scared of.

Rally in base metals to end as Chinese data is horrible..

North Korea also ready for a war.

Fiis have started selling now soon 7000 may Break.world markets also crashing.

Dow Jones not expected to cross 17300 to 17500 and may fall to 15300 again.

Banking scams again in indian PSU BANKS.Bank nifty to touch 11000 now

Dollar to touch 72 according to charts.

2016 world mkt targets

Dow Jones 14400

Nifty tgt 5500. Worst case scenario tgt on Nifty 4800

Dax tgt 7000 to 6000

Ftse tgt 4400

Cac tgt 3300

Hang seng tgt 16000 to 15600.

Shanghai tgt 2000 to 1800



BJP MAY LOOSE MOST OF STATE ELECTIONS A MAJOR WORRY.

This is the Biggest depression in world coming after 1930 and Expect Dow Jones to touch 12500 levels or even 11000 levels. IN SUCH a event Nifty can go down to 4000 levels also.

Crude expected to touch 20 dollars soon.

Bloodbath coming in world ??MARKETS.BE READY.:clap::clap:
aaded more 7300 puts at 23.55
7373 de de baba
Jai Ram Ji KI:p:p
and so the negative news keeps adding to praveen bhai list on and on and on !!!!!!!!!!!!! :D
 
St Sir,Is there a valid short trade on rejection of 7583 in 5min chart or is it just an early exit?
Why short trade there ? If you are trading patterns then inverted long legged hammer can be a reason to short but a very short term trade.

Smart_trade
 

333

Active Member
Fwd???????????????????????????????????????????????????????????????????????? Chinese exports decline 24 percent.

Chinese foreign exchange declines.

Fiis have bought put Options of 6000 crores approx.

Call writing by fiis of 7600 to 7700 levels so 7600 and 7700 looks impossible to cross.

Dollar rising a big scare for world markets.

Rbi unlikely to cut rates before April policy.

All fiis voices say we are in a bear market rally.

Fed expected to hike rates this year.

All data above suggests markets can go down heavily.

Don't go short But one can buy puts of stocks and nifty.

Elliot wave suggests still Nifty can go to 5500 this year. ( Just a chart view) nothing to be scared of.

Rally in base metals to end as Chinese data is horrible..

North Korea also ready for a war.

Fiis have started selling now soon 7000 may Break.world markets also crashing.

Dow Jones not expected to cross 17300 to 17500 and may fall to 15300 again.

Banking scams again in indian PSU BANKS.Bank nifty to touch 11000 now

Dollar to touch 72 according to charts.

2016 world mkt targets

Dow Jones 14400

Nifty tgt 5500. Worst case scenario tgt on Nifty 4800

Dax tgt 7000 to 6000

Ftse tgt 4400

Cac tgt 3300

Hang seng tgt 16000 to 15600.

Shanghai tgt 2000 to 1800



BJP MAY LOOSE MOST OF STATE ELECTIONS A MAJOR WORRY.

This is the Biggest depression in world coming after 1930 and Expect Dow Jones to touch 12500 levels or even 11000 levels. IN SUCH a event Nifty can go down to 4000 levels also.

Crude expected to touch 20 dollars soon.

Bloodbath coming in world ??MARKETS.BE READY.:clap::clap:
aaded more 7300 puts at 23.55
7373 de de baba
Jai Ram Ji KI:p:p
Chain se sona hai tu jaag jao,March expiry k baad market se bhaag jao!!!! :lol:

http://www.traderji.com/members-discussion-forums/101278-march-series-we-may-blast.html
 
may be some upside till 67.5-68, more than two rs fell in last 2 weeks.
RBI reported an increase in Fx reserves, that is a positive. I guess the inflation data will provide further direction.
Elliot wave suggests still Nifty can go to 5500 this year. ( Just a chart view) nothing to be scared of.
..
Nifty tgt 5500. Worst case scenario tgt on Nifty 4800
In that case I will look for 2009 election gap filling :D
 

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