General Trading Chat

ap*

Well-Known Member
this looks like Sitar/Tamboora..
next time we see same thing in BNF,we'll call it Sitar Pattern or Tambura Pattern :D
Thats a really funny observation:lol:

Looks like the sideways more carries on. In my order flow screen can see huge buy orders open at lower levels. Untill that shifts to the sell side i doubt wel see any move out of this 15 point range.
 

ap*

Well-Known Member
Still holding my trade. Have trailed sl to 7700s and now will close my system and wait for it. No target as such. Will look at tightening my sl tomorrow. In my opinion (my analysis of the charts) now 7500 is slightly more likely than 8100-8200. Rest in the hands of God and market makers.
 

deba72

Well-Known Member
IMO, today's morning move is an ideal case study of what HFT can do in a shallow market . A 100 points + move in a very short time with only 6 lacs NF volume shows how shallow our markets are and how vulnerable we are to HFT . Points for SEBI to consider how HFT guidelines should be framed in our markets.
 
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