General Trading Chat

[sherbaaz]

What's with Friday's EOD chart ? Wasn't a clear pattern at that time

there was a spring on both bnf and nf chart on eod it was a beautiful spring and on friday there was an excellent low volume test of supply in nf. i think the same has happened in bnf also.

in nf intraday 5m chart on friday there was selling climax and after that price moved in accumulation at higher levels and yday it came back to test the low of friday selling climax thus creating spring at yday low and mkt moved sharply from there. the sharp moves can not be anticipated but there were high odds for mkt to move up.

regds,
s

 

[PS Trader]

I still am not sure of the reasons for today's reversal. Why did that happen ? Skymet's weather prediction about a better monsoon ?

have this one too

Market rebounds on hopes of better Q4 earnings

http://www.thehindubusinessline.com...-live-update/article8460565.ece?homepage=true

 

[XRAY27]

I still am not sure of the reasons for today's reversal. Why did that happen ? Skymet's weather prediction about a better monsoon ?

TP Bhai !!!

i don't know news part, but reversal is shown on daily chart which is is based on volume on friday.. once the high is broken 7569.35 (High of friday 8 th April) all out for down move.

TA is only complete if we study Price along with volume and EOD reversal/s are vital for survival, which in turn create "moment of opportunity flow"

 

[mudraatrader]

In NF, will we get TJo number
In BNF, will it cross with ease in a single move :lol: or will it stuck few time before crossing BRN.

 

[timepass]

In NF, will we get TJo number
In BNF, will it cross with ease in a single move :lol: or will it stuck few time before crossing BRN.

What is TJo number ?? What is BRN ??

 

[aaru]

BRN big round number resistance

 

[mudraatrader]

What is TJo number ?? What is BRN ??

TJo number - 7777
and BRN - big round number, here it is 16000, really a BRN (in '000 otherwise it is normally in xx00)


Ed
BTW TJo number is not meant for glossary.

 

[vijkris]

BRN big round number resistance

ya.. tp Bhai, pls add this to glossary thread. hope u can still edit the alphabetical list.

 

[praveen taneja]

confuse hoon kuchh bhi de do baba par pahle indication de dena baba
Jai Ram JI KI

 

[praveen taneja]

looks profit booking starts bought june 7500 put at 132 now Jai Ram JI KI
7600 de de baba