General Trading Chat

[XRAY27]

Xray bro which all position u go long....

Those trades are only intraday.. swing and positional has been added along with intra...from April-16 will increase the position size is swing as i'm getting confidence and managing it well compared to post jan-2016

 

[timepass]

Structural support at 7545 and Stoch Osc in oversold on both 5 and 15-min, tightened the TSL to 7556.6, high probability of hit.

Painful experience tells me that unless the oscillator is at zero, there is always more room in that direction.

 

[manish9300]

AN aggressive long entry is possible in 5 min NF on break of 7555.I dont take such entries so still SOH.

 

[timepass]

No change in WPI overall, seems like food inflation is down.

 

[Smart_trade]

Today we need close above 7485 to give 9th day of sell set up in Sequential ....looks almost certain as of now.

On 9th or 10th day market makes a short term top and goes in a correction. Let us see what it does this time....

Smart_trade

 

[arsh22g]

Painful experience tells me that unless the oscillator is at zero, there is always more room in that direction.

Hmm...yeah, my TSL hit, but re-entered at 7552.2.

There was a support and announcement event also, so decided to make the position less risky.

 

[praveen taneja]

any news about data ???

 

[Fundootrader]

any news about data ???

WPI declined -0.91% Key is CPI WPI decline doesn't matter except increasing rate cut chaiyee chatter

 

[praveen taneja]

any news about data ???

Data Update - India's WPI inflation fell 0.91% in Feb vs 0.96% fall in Jan,
WPI food articles at 3.35% in February vs 6.02% rise in January
WPI Primary articles 1.58% rise in February vs 4.63% rise in January
WPI pulses price up 38.84% in February vs 44.91% rise in January
WPI vegetables price declines 3.34% in February vs 12.52% rise in January
WPI egg, meat and fish prices up 3.47% in February vs 5.69% rise in January
WPI onion price decline 13.22% in February vs 5.51% rise in January
WPI fuel and power inflation declines 6.40% in February vs 9.21% fall in January
WPI manufactured products growth declines 0.58% in February vs 1.17% fall in January

 

[timepass]

Will BNF fill the opening gap ?