General Trading Chat

[WaveSurfer]

Once the market takes out 7420 , we might see an effortless decline to 7255.

 

[hames]

Missed a good short entry at 7490 (circled, rejection at 15-min BB mid and 5-min 50EMA) due to Zerodha's transaction password...forgot to take a dummy order before

Strong support at 15-min and 1-hour between 7450-7460, don't feel like taking a short now

on one minute chart i exactly entered in your circled area and got stopped out on blue line

 

[naveen_t_s]

BNF has open = Low

Crompton seems to be in a hurry to get to 50.

Is it a good idea to invest in Crompton right now? I got few shares yesterday @45. Please suggest.

Also I got few shares in Bajaj Electrical @193. Please suggest on this too.

Thanks in advance.

 

[arsh22g]

on one minute chart i exactly entered in your circled area and got stopped out on blue line

Did you enter a long? My target entry was short.

 

[timepass]

Is it a good idea to invest in Crompton right now? I got few shares yesterday @45. Please suggest.

.

I am a day trader, but generally speaking, Crompton is a good buy.

 

[vijkris]

I am a day trader, but generally speaking, Crompton is a good buy.

yesterday in news article u posted, it said that they have demerged the consumer durable business, which has good revenue and profits. it wll be listed after april, maybe.
the remaining part is solely power transmission/ related to power only, with 4000crore in orderbook.

so is it wise to invest in less profitable part of Crompton?

 

[traderniftybank]

NF now looking to 7500, if holds 7440

If NF holds 7440, edit 7500 to 7525+

 

[hames]

Did you enter a long? My target entry was short.

Yes i entered long.

 

[arsh22g]

If NF holds 7440, edit 7500 to 7525+

I think 7500 is reasonable, a lot of resistances confluence around there, will need some news/event to break to the upside. Technically, upside limited to 7500 (+-) only as of now.

 

[traderniftybank]

I think 7500 is reasonable, a lot of resistances confluence around there, will need some news/event to break to the upside. Technically, upside limited to 7500 (+-) only as of now.

Its again a grinding day today, but I think by 12-12.30 pm we may see the emergence of some view and hence this edit to 7525+.
My chart reading is pointing so (of the upmove)