General Trading Chat

[manish9300]

Highest OI is at 7900 8000 7800.Just checked monthly chart and noticed that there has been no inside bar there since last one year.Whats your view on higher frame charts Ap?

 

[bpr]

Trading hours on stock exchanges may stretch upto to 5 PM if SEBI accepts proposal of MSEI

http://economictimes.indiatimes.com...pts-proposal-of-msei/articleshow/52317060.cms

this is a good thing. less gap up and gap down.

 

[ap*]

Highest OI is at 7900 8000 7800.Just checked monthly chart and noticed that there has been no inside bar there since last one year.Whats your view on higher frame charts Ap?

Higher time frame charts are also bearish for me till 7980 is broken.

Looking at OI now liquidation in puts and addition of calls. Bulls are in panic mode ? IV also supports bears. Oi reading has been quite a mixed bag for me in the past few days. Looking at charts and OI a drop seems imminent.But iv trailed my short sl from yesterday really close since there have been so many up down spikes and sl eating moves.

 

[timepass]

this is a good thing. less gap up and gap down.

yeah.. and 6 hours of sideways everyday

 

[ap*]

On a side note how many Zerodha 60 day challenge winners do we have here ? Asking because i want to know if winning the challenge helped your trading in anyway. Asking because ever since it i have lost my sense of patience and only try to end trades in break-even or small profits. Im missing out on very big moves in my intraday account.

In short i have become very very conservative and i am now making only 30% of the profit/loss i used to make. Overall success ratio hasnt improved but still:lol:

 

[stone boy]

traders wht the view for day?

 

[mudraatrader]

NF 7850 de do baba ji
abhi 7830 hai

 

[manish9300]

Higher time frame charts are also bearish for me till 7980 is broken.

Looking at OI now liquidation in puts and addition of calls. Bulls are in panic mode ? IV also supports bears. Oi reading has been quite a mixed bag for me in the past few days. Looking at charts and OI a drop seems imminent.But iv trailed my short sl from yesterday really close since there have been so many up down spikes and sl eating moves.

My last 5 trades have been all stopped out at breakeven.Now i have started to entertain the possiblity of small inside bar on monthly as highest oi is at 7900 now which is range middle and not at range extremes 8000 ,7700.so will take scalps only untill the range is broken.

 

[sherbaaz]

NIFTY SPOT EOD
weekly momentum - bearish
daily bearish from over bought

 

[amitrandive]

this is a good thing. less gap up and gap down.

yeah.. and 6 hours of sideways everyday

Trading hours on stock exchanges may stretch upto to 5 PM if SEBI accepts proposal of MSEI

http://economictimes.indiatimes.com...pts-proposal-of-msei/articleshow/52317060.cms

Yes TP

One advantage is that we may get some cues for the next day and corrections as that would coincide with US Futures and US Premarket opening.

But this does not necessarily mean that there will be less gap ups and downs.

The US markets run for almost 16 hours(4:00 AM to 8:00 PM) everyday,including pre,post and regular market hours.Still there are lot of gap ups and downs.

Gap up and down are an integral part of the market.