General Trading Chat

[monkeybusiness]

Any idea why Idea is down 5% today ?

No Idea, and please dont get Idea,

Joke apart, it is worst network in Mumbai, getting lowest revenue per connection in Mumbai, so bottomline takes beating.:thumb::thumb::thumb:

 

[ap*]

fall seems complete.

Sir what is your observation based on ? Asking since im getting mixed signals today. Falls is what was supposed to happen. But buyers are holding the markets on dips. Hence asking if you are able to look at things differently.

 

[praveen taneja]

fall seems complete.

when I was on puts was thinking same around 7780:rofl::rofl::rofl::rofl:
Jai Ram JI KI covered my puts ab kahin bhi le jao:thumb:
Jai Ram JI KI

 

[ap*]

7600 call does not have sufficient oi as of now for nifty to go there according to my method. Once it crosses 2 million plus oi then nifty can move down more. Till then the oi chain is rather contradictory today.

A close below 7700 will be bearish and this time everyone will think of shorting. I start worrying at such times:rofl: If nifty breaks 7700 today will close out my shorts and wait the next few days out.

 

[manish9300]

Nifty should break 7700 spot or 7780 spot with conviction today. I'm more biased towards the lower side as I'm holding shorts

Signs are not there for a decisive break.i am short from 7766 on 5m chart.IV isnt
suggesting reversal.....OI isnt suggest continuation....only hope is day range which is just 49 point so far.

 

[manish9300]

7600 call does not have sufficient oi as of now for nifty to go there according to my method. Once it crosses 2 million plus oi then nifty can move down more. Till then the oi chain is rather contradictory today.

A close below 7700 will be bearish and this time everyone will think of shorting. I start worrying at such times:rofl: If nifty breaks 7700 today will close out my shorts and wait the next few days out.

A break of 7700 opens the possiblity of a monthy range of 8000-7500 this month.On monthly (21 day swing)chart market turned from 62%-8000,50%-7775,38%-7565.

 

[mudraatrader]

Sir what is your observation based on ? Asking since im getting mixed signals today. Falls is what was supposed to happen. But buyers are holding the markets on dips. Hence asking if you are able to look at things differently.

Very difficult for me to give words to my observations.
The levels where NF and BNF reverted, are mentioned in my diary (not exactly but around these numbers). So I post fall seems complete.
Moreover these are the levels (around) below which if market falls decisively, then we may see a big fall.

 

[manish9300]

7791 and 7713 are the range limts for big BO.

 

[mudraatrader]

NF 7800 de do baba ji
abhi 7755 hai

baba ji ne 7800 bhi de diya.

 

[vikas2131]

baba ji ki kripa ho rahi ha...70 point ka move to aaj hi ho gya..