General Trading Chat

[pravi_kanth]

I think the fall at the end was just the short covering as there is no reason for the fall. US fed interest news was digested yesterday itself. Today Europe recovered most of the loss of yesterday and in solid green. I think nifty should reverse from here or consolidate and move upwards in new series.

 

[vikas2131]

I think the fall at the end was just the short covering as there is no reason for the fall. US fed interest news was digested yesterday itself. Today Europe recovered most of the loss of yesterday and in solid green. I think nifty should reverse from here or consolidate and move upwards in new series.

if there is indeed any fed rate increase..market is bound to go down....

 

[mudraatrader]

Lagta to hai

BNF holds 16475 rigidly
and
NF after breaching 7777 holds 7750

baaki baba ji ki marji
Somvaar unhi ka din hai

Why do I am of the view, on looking at charts of NF and BNF, for a good gap up on Monday
30-50 points in NF
and
50- 70 points in BNF
OR
may be more in both indices.

Some one else to confirm my view OR of the same view :lol:

 

[vasan56]

Down side breakdown?

 

[timepass]

Down side breakdown?

Saw that yesterday. Looks more like a left shoulder and a head. So maybe there will be another upside towards 7900.

 

[XRAY27]

NIFTY VIEW

Nifty formed PATTERN WITH IN PATTERN (PWP)..one is Ascending Broadening pattern and H & S ,off course both are bearish,If price is closed below orange line ,downside trend can be assumed,since it PWP price can be flipped to upside..

BANK NIFTY VIEW

Spike and channel..

 

[Singhraja]

ST sir can you please guide us as you said if you take any swings positions and at EOD if it is not giving 30 -40 points you always closed the positions . And next day most of the times it opens against the trend like we have yesterday it opens against the trend so if the markets open in our favour like if yesterday it opens with gap down so where you took the swing shorts and what's the stoploss of that positions.. Please rrply

 

[mudraatrader]

No post in the thread since last 22 hours
Perhaps this happened for the first time, that there is no post in last 22 hours :lol:

 

[Smart_trade]

ITC star performer and it is taking Nifty up along with it.

Smart_trade

 

[timepass]

Banknifty (spot) is perhaps looking to visit 16400 sometime today. But today's rupee strength may cap the downside.