General Trading Chat

[Pradeep Narayan]

I think we are done with the short term correction, should see an upward move from now.

 

[XRAY27]

Here it comes.....

Smart_trade

ST(Smart trader ) of MP (market Profile)

 

[Smart_trade]

ST(Smart trader ) of MP (market Profile)

No Saar...just learning...little little....but I was expecting a lower tail for todays profile...

Smart_trade

 

[Punter786]

I think we are done with the short term correction, should see an upward move from now.

Don't be in a hurry. Wait for Janet's statement. She may signal taking away of bulls' melting lollipop (liquidity). Its not about rate hike when...now it is abt the pace of it. Two hikes this year means more in the offing next year. Next year and coming months will be very interesting. If you are a bull pray for low inflation and good Q2 by India inc. I expect India to grow at 5-6% at best for years to come which is a very poor rate considering our requirements and problems. Disaster waiting to happen.

 

[DSM]

Meeting of Fed chairwoman Janet Yellen with finance ministers from around the world, and other big market movers is ongoing at Jackson Hole in the US state of Wyoming is in progress.... and pronouncement from Yellen on the direction of interest rates is awaited....

The market is jittery of the rate hike as the US job numbers have been strong... and inflation tepid. The market needs rationale to move higher or lower.... And for now, Yellen's speech could provide the trigger. Hence the European markets have been tepid, from which Nifty has taken cues...


QUOTE=Pradeep Narayan;1174908]I think we are done with the short term correction, should see an upward move from now.[/QUOTE]

 

[Pradeep Narayan]

Don't be in a hurry. Wait for Janet's statement. She may signal taking away of bulls' melting lollipop (liquidity). Its not about rate hike when...now it is abt the pace of it. Two hikes this year means more in the offing next year. Next year and coming months will be very interesting. If you are a bull pray for low inflation and good Q2 by India inc. I expect India to grow at 5-6% at best for years to come which is a very poor rate considering our requirements and problems. Disaster waiting to happen.

You could be right. But I have seen most of the times, the news just complements the market movement.

http://in.investing.com/indices/s-p-cnx-nifty-components

Have a look at how the index constituents have performed (click on 'Performance' tab) for the last 1 yr. You will get my point of view.

 

[vikas2131]

Don't be in a hurry. Wait for Janet's statement. She may signal taking away of bulls' melting lollipop (liquidity). Its not about rate hike when...now it is abt the pace of it. Two hikes this year means more in the offing next year. Next year and coming months will be very interesting. If you are a bull pray for low inflation and good Q2 by India inc. I expect India to grow at 5-6% at best for years to come which is a very poor rate considering our requirements and problems. Disaster waiting to happen.

Nothing happens in isolation..Half of world is already in recession or on verge of recession ...if same state continues for years to come well i agree that around 5-6 % will be the growth for india... big scale war is bound to happen whether it is cyber or anything else...

 

[Smart_trade]

I doubt that with election at hand Yellen will give any hint about the direction of interest rates....but we should consider all possibilities...

ST

 

[PreSap]

Wild moves in Tata Motors. Why?

Sent from my A0001 using Tapatalk

 

[Punter786]

http://www.cnbc.com/2016/08/25/there-are-risks-for-markets-and-yellen-at-jackson-hole.html