General Trading Chat

vikas2131

Well-Known Member
Nifty has given up the gains from last week and has actually closed just below last week's low.

The reason for this is because of bullish breakout failure -- it failed to break upward and close convincingly above 7715 (reasons & logic posted here). It did close at 7716 last week but the move wasn't convincing.

Interestingly, today's close is 7615 (100 pts below that breakout level)

The next consolidation level is downwards, in the range of 7605 to 7530 (close to the mean)

will be very hard to break and go below black monday low and as long as it is above that..all good...
 
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amitrandive

Well-Known Member
India Just Got Its ‘National Emergency Number’, One Single Number For All Emergency Services

http://thelogicalindian.com/news/india-just-got-its-national-emergency-number/



‘112’ will be the national emergency number in India, similar to the ‘911’ in the US and ‘999’ in the UK.

A person in distress will now need to call 112, which will direct the call to concerned departments immediately for help. This number can be reached even if you don’t have a network or balance.
 

vivektrader

In persuit of financial independence.
I used to believe the more experienced you get in trading, more the number of setups you see to trade but
Now I am beginning to realise, the more experienced you get far lesser tradable set ups you see, so yes yawning (as Maneesh once said) is an essential part of successful speculation.
 

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