General Trading Chat

[ap*]

narrowing BB and support at 20SMA, I think not much upside left.

The 20SMA is hardly any support.Can open gap down below it tomorrow as well. Today kotaks good result also didnt see a corresponding good upmove in the stock. Tomorrow if kotak cracks on the downside BN can show a good downmove.

 

[mudraatrader]

that would look the obvious target, yes, but the way it retreated from the top today, it seems like a bearish 123 in the making.

Let's see. It did face stiff resistance around 17000 the last time.

I am waiting for,
baba ji to fulfill my request

BNF 16850 de do baba ji
abhi 16783 hai

Then I am sure that baba ji will give around BRN also.

Yeah, it was a big hurdle last time but wont be a BIG hurdle this time.

(Only danger, below 16727/707 range)

 

[timepass]

I am waiting for,
baba ji to fulfill my request

Then I am sure that baba ji will give around BRN also.

Yeah, it was a big hurdle last time but wont be a BIG hurdle this time.

(Only danger, below 16727/707 range)

Possible.. Because the problem with that bearish 123 is that the retracement is about 78%. All the literature on 123 states upto 61.3% retracement.

 

[vivektrader]

Possible.. Because the problem with that bearish 123 is that the retracement is about 78%. All the literature on 123 states upto 61.3% retracement.

TP bhai did you notice, you penned post no.40000 on page 4000, your thread is going great, and you are moderator too.
Best

 

[pravi_kanth]

Found this useful link same as Pratap
Sir explanation on bollinger bands.
http://www.tradeciety.com/bollinger-bands-explained-step-by-step/ . If url posting is not allowed then pls delete the post.

 

[TradeJoker]

Looking for BRN

Looking for BRV

 

[mudraatrader]

I am waiting for,
baba ji to fulfill my request

Then I am sure that baba ji will give around BRN also.

Yeah, it was a big hurdle last time but wont be a BIG hurdle this time.

(Only danger, below 16727/707 range)

Dhanya ho baba ji
16850 open mein hi de diya

 

[mudraatrader]

BNF 16965 de do baba ji
abhi 16902 hai

 

[timepass]

Nifty spot has open = low = 7871.45

 

[mudraatrader]

NF 7940 de do baba ji
abhi 7915 hai