General Trading Chat

[amitrandive]

But it was not NR7... not composed with seven bars.

But it was a Narrow Range Day... good observation..

Bro!! this message was posted by Xray on 24th May. And it was NR 7 only 46pts difference btw H-L. And I am thanking him, coz I got benefited by his observation in last 2 days of trading. Expansion of almost 300pts.

Thanks
rip07

I saw that.. just mentioned that, good observation.. But it was not NR7, that made new low in last 7 say. not NR7..NOT IN THE DEFINITION OF NR7.. wrong tech term..

It was NR7 on the 24th of May ,please check your definition of NR7

NR7 day is a basic price pattern which simply means that we had the trading day in which the range is narrower than any of the previous six days.

http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:narrow_range_day_nr7

http://thepatternsite.com/nr7.html

 

[headstrong007]

It was NR7 on the 24th of May ,please check your definition of NR7

NR7 day is a basic price pattern which simply means that we had the trading day in which the range is narrower than any of the previous six days.

http://stockcharts.com/school/doku.php?id=chart_school:trading_strategies:narrow_range_day_nr7

http://thepatternsite.com/nr7.html

This is not so simple as they explained.. more details explained with application & success rate in different situations in books.. I don't remember the name of that book. in short I read that... if NR7 occurred with new low or new high of last 7 days.. which was 24th..then failure rate is high. they don't consider it true NR7..thats all...

 

[Subhadip]

Any website or link where can find FII buying and DII buying and selling data - consolidated data.

 

[TracerBullet]

Any website or link where can find FII buying and DII buying and selling data - consolidated data.

Maybe this

 

[headstrong007]

http://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/

 

[headstrong007]

Now I feel devastated after seeing 17000CE chart, at the same time I bought 16500CE it was about Rs 4, ended today nearly 330 when I squared off 16500CE. That was just one row below in market watch and 1 click away..

but today.. I understand power of bank nifty options..from my 1st big trade with it...

 

[deba72]

Now I feel devastated after seeing 17000CE chart, at the same time I bought 16500CE it was about Rs 4, ended today nearly 330 when I squared off 16500CE. That was just one row below in market watch and 1 click away..

but today.. I understand power of bank nifty options..from my 1st big trade with it...

You will not feel so devastated when you start thinking about the person who sold it @4 !

 

[godfather]

Any website or link where can find FII buying and DII buying and selling data - consolidated data.

https://www1.nseindia.com/products/content/equities/equities/fii_dii_market_today.htm

http://www.sebi.gov.in/sebiweb/investment/statistics.jsp?s=fii

http://craytheon.com/charts/fii_dii_nse_bse_trading_chart_graph.php

3 gems

 

[pravi_kanth]

You will not feel so devastated when you start thinking about the person who sold it @4 !

Right said. Also with the days like today and yesterday where we had big moves we can get these thoughts of missing opportunities.

 

[headstrong007]

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