General Trading Chat

[timepass]

There's a VWAP gap today, but if the last hour selling isn't there then BNF may try to touch its ATP today.

 

[Pradeep Narayan]

My view is that Nifty Spot should cross 7900 on weekly close for more upside. Maybe this can happen next week.

 

[XRAY27]

Just telling you the flow of all three method/s...long position was out @ 7820 ( 7835 is NF entered @ 7805 on 9th) ..swing short was from 7870 NF and booked position in intra day @ 7838 level...same area for swing also...

Taking on ST da word/s...if the difference is more then 30 points then i will carry forward this qty or just will square of this....

 

[manish9300]

Just telling you the flow of all three method/s...long position was out @ 7820 ( 7835 is NF entered @ 7805 on 9th) ..swing short was from 7870 NF and booked position in intra day @ 7838 level...same area for swing also...

Taking on ST da word/s...if the difference is more then 30 points then i will carry forward this qty or just will square of this....

Was that long position a result of intraday trade initially later converted to positional trade or was it a separate trade with a wider separate stoploss?

 

[XRAY27]

Was that long position a result of intraday trade initially later converted to positional trade or was it a separate trade with a wider separate stoploss?

No positional is based on EOD chart !!! swing on Hourly !!! intra on 3 min fine-tune to 1 min and all are based on D and S...

 

[Mungus]

Manish9300 and AP* Sir,
1)which option do you trade-ITM,OTM,ATM?
2)do you carry forward?
3)naked trading or straddles etc you trade Sir?

pls reply.

 

[vagar11]

If you had spent Rs 55,000 to buy a Royal Enfield motorcycle in 2001, you would now have an old, rugged bike. But if you had invested the same Rs 55,000 in shares (at Rs 17.50 per share) of Eicher Motors, the company that makes Enfield bikes, your investment will be worth Rs 6 crore now.

 

[Smart_trade]

If you had spent Rs 55,000 to buy a Royal Enfield motorcycle in 2001, you would now have an old, rugged bike. But if you had invested the same Rs 55,000 in shares (at Rs 17.50 per share) of Eicher Motors, the company that makes Enfield bikes, your investment will be worth Rs 6 crore now.

With that money one could buy a few BMWs.

Motor cycle was a depreciating asset. Eicher Motor share was an earning and appreciating asset.

If one had invested Rs 1 L in Maruti shares when its plant started in India instead of buying a Maruti 800 car at Rs 1,10,000 ( that was the price in premium market and official price in lottery system allotment was Rs 55,000 ) today he could buy a private jet with the wealth which Maruti shares created.

Smart_trade

 

[Mungus]

Dada,pls share some scalping idea on Nifty Option?
The way you look at it...pls.

 

[Smart_trade]

Dada,pls share some scalping idea on Nifty Option?
The way you look at it...pls.

Scalp in the direction of trend, scalp when the price is breaking a PL./PH...same usual ideas...nothing new.

ST