General Trading Chat

Traders expecting correction everyday at various levels and market surging ahead. Correction will come some time but now 6800 wala bottom will not be broken in next few months atleast. Aisa lagta hai...aage Ram ji ki marzi.

Smart_trade
 
Market may slip (correct) from 7700 level.
There are two events - which can take nifty much higher while people wait for correction level - Rate Cut (50-75% probability) & GST

Specially if GST is cleared (25% probability - but in politics everything is possible) - we may see rally towards Jan highs

Check OI for April Series - Punters already betting on Jan high levels - 7800/7900 was anyways high now 8000 level Calls seen building high OI - but put's stll maintaining 7000 & 7200 as highest OI for April series (so fall could also be rapid)
 
0.25 % interest rate reduction is definitely coming on 5th April. There is a chance of 0.50 % rate cut also.....

Smart_trade
 
Chart of sukhani says, 6825 is history ,people are lucky who successful in bottom fishing!!! next chance 2020 :D
I agree about 6825 but Sukhani does not predict so much long term. He gives his views for 2-3 days to 10 days max.

Someone has predicted index at 1,00,000 by 2020 ...such predictions are entertaining but useless for traders.

Smart_trade
 
one quick query bhai
In Amibroker-I have 15 min chart and 5 min chart..I used to draw a line in 15tf aur voh 5tf me bhi dikhti thi..now its not happening..how to solve this?
 
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