General Trading Chat

ap*

Well-Known Member
not expecting a gap down...stocks are already moving against..
Sir how is a gap up or down calculated ? is it even possible to judge it from end of day activity or does it depend on overnight movement in world markets. I have always wanted to learn this. For me its been more of a guess work job until now based on how it closes.
 
No, the chart is not indicating for a gap down open.
On the contrary, there are indications for a flat positive open OR a gap up open that may give an upward thurst for further upmove.
Can you post that chart please ?? Except for the fact that everything looks oversold and thus maybe a technical bounce, the sentiment looks down. Maybe if ICICI bank declares good results before the opening...
 
Can you post that chart please ?? Except for the fact that everything looks oversold and thus maybe a technical bounce, the sentiment looks down. Maybe if ICICI bank declares good results before the opening...
If something is to be arrived from Europe then nifty should not gap down as Europe recovered a lot from days low and closed in green.
 
Can you post that chart please ?? Except for the fact that everything looks oversold and thus maybe a technical bounce, the sentiment looks down. Maybe if ICICI bank declares good results before the opening...
No use of posting simple chart(s)
Its plain simple chart with candles only
I use only plain charts of different tfs, to make my inference.
I do not use any indicator or oscillator or afl etc.
 
Can you post that chart please ?? Except for the fact that everything looks oversold and thus maybe a technical bounce, the sentiment looks down. Maybe if ICICI bank declares good results before the opening...
Ha ha
You talked of ICICIBANK
I looked at the chart.
Yes, it could be the trigger, if the result is to be announced before market opening.
It can move 4-8 R of the CMP :)
 
A request to st sir can you share details of sequential system and thread of day trading lost all the charts pl ease update if possible
Sequential is a long term timing system. It gives very accurate signals but the signal comes in 3-4 months. So it wont be useful for day to day trading. For long term reversals, people who are interested can learn from DeMark or Jesson Pearl books. I can answer the querries and doubts but writing a thread is too much of work.Because it will take lots of efforts as it is not just set up and countdown rules but there are many qualifiers/things to consider to come to the accurate decisions and not sure even 5 guys will be serious in studying it. And those 5 guys will be serious learners and they can learn from the books. Thread on sequential will not be very interesting/ entertaining thread, it will be dull and boring for most people.

Smart_trade
 
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