General Trading Chat

deba72

Well-Known Member
Contrary to the popular belief,
2016 - Nov 8: is Election day
2017 - Jan 6: Electoral result announced
2017 - Jan 20: Inauguration of the new Pres.

December will be all about holidays and speculation, polling and surveys, so until then, which is 2 months there will be no major reason for FII to stop buying.
As far as I know, Jan 5th will be formal certification ( electoral college ) .. results to be declared immediately after election in Nov.
 

lemondew

Well-Known Member
8880 was the resistance broken today. The immediate support should be 8870-8880 If there is no buying between 8875- 8850 then only I would look at shorts. Lot of buying at 8720- 8775 will be next support. Today evening wd be good to see. ..

Market could give up half its gain if the price action is anything to go by....
 
Contrary to the popular belief,
2016 - Nov 8: is Election day
2017 - Jan 6: Electoral result announced
2017 - Jan 20: Inauguration of the new Pres.

December will be all about holidays and speculation, polling and surveys, so until then, which is 2 months there will be no major reason for FII to stop buying.
There will be opinion polls and exit polls. FIIs are dumb but not that dumb to buy just before such a major event.
 
Fall meri bulbul ki paisa milega aisa shorter tujhe nahi milega......... :clap:
 

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