General Trading Chat

[timepass]

Did USDINR close at a discount today ?? Plz check.

10 paisa is a serious discount.

 

[lemondew]

Today Cash segment

FII’s: – 190.43 Crores
DII’s: – 242.71 Crores

http://www.poweryourinvestment.com/fii-activity-28th-june-2016/

Saw these statistics in this site. Going by this data FII ?Dii have been quite last 2 days and its the retailers in action. And we all know the retailers are going which side . Lets see how it goes.

 

[Blackhole]

Global markets UP

Nifty - bank nifty Both NR 4 since past 2 trading sessions......expiry 2 sessions

 

[ap*]

Global markets UP

Nifty - bank nifty Both NR 4 since past 2 trading sessions......expiry 2 sessions

I think its safe to say we are due for some explosion on either side when range expands ?

 

[niftygupshup]

I think its safe to say we are due for some explosion on either side when range expands ?

market is long due for a range expansion, but when is the question

 

[Smart_trade]

St,

Any Swing position ? It closed above yesterdays resistance. Two days its closing towards the highs.

Yes, yesterday I had taken long position but in options and few stocks. Today taken long in Nifty futures also at the open.This is a swing trade.

Smart_trade

 

[wisp]

Yes, yesterday I had taken long position but in options and few stocks. Today taken long in Nifty futures also at the open.This is a swing trade.

Smart_trade

Da, what is the rate of success when you take a trade at open? By open I am assuming you mean as the first one min bar is forming.

 

[Smart_trade]

Da, what is the rate of success when you take a trade at open? By open I am assuming you mean as the first one min bar is forming.

I take a trade at open when the set up is in place and the market did not act yesterday but it is acting as per the setup today. As the set up is already in place, it has a good success rate.

You can take a trade on first consolidation and the breakout from that. But sometimes the first breakout will come at higher prices.

If the set up is not in place, I wont buy the first bar as it is risky and the market may sell off on gap up opening.

Smart_trade

 

[RISK_REWARD]

Yes, yesterday I had taken long position but in options and few stocks. Today taken long in Nifty futures also at the open.This is a swing trade.

Smart_trade

Today market is up so you are in Long position

 

[Smart_trade]

Today market is up so you are in Long position

I traded from long side yesterday also but did not keep long position in Nifty futures. Today also if the market closes strong , I will keep the position else will get out.

ST