General Trading Chat

[lemondew]

Our anticipation was correct. No prediction as we were just alert to changes. Not

It was followed by a pullback and a sideways on 23 , 24. Break of 23 high and holding above indicated a slow uptrend in which we are. Today seems to inside day of yesterday.

Waiting for next move to enter my positions..?
What kind of move you expect in next 15 days.

1. Continued fall of more 500-800 points
2. Slow sideways between 7800 - 8100
3. Slow uptrend 7800- 8200
4. Quick uptrend back to 8400-8500.
5. Slow downtrend of 7900- 7600

 

[timepass]

VWAP gap in both nifty and banknifty

 

[lemondew]

Logically shd close at hod. Since after 2:00 surprise move shorts shd be caught unaware.....

VWAP gap in both nifty and banknifty

 

[Smart_trade]

Good strong upmove...no meaningful correction in last 50-55 points.

 

[timepass]

Logically shd close at hod. Since after 2:00 surprise move shorts shd be caught unaware.....

Good strong upmove...no meaningful correction in last 50-55 points.

4-5% upmove in crude too. Something about OPEC meeting.

 

[timepass]

BNF 15 min : Is this a 1-2-3 pattern ?

 

[josefjohny]

RBI policy on 6th dec/tuesday , 3 more sessions to go , may be some upside till then . yesterday nifty index faced resistance at 8200 , lets see what happens today.

Just went thru it

 

[travi]

BNF 15 min : Is this a 1-2-3 pattern ?

Yes, 1-2-3 bcos 1 is PL and then trend reverses. :clapping:

 

[timepass]

Yes, 1-2-3 bcos 1 is PL and then trend reverses. :clapping:

Hindalco fut 15 min : Then is this also a 1-2-3 ?? If yes then it looks like a very good buy for tomorrow.

 

[Smart_trade]

1-2-3 pattern is nothing but a pivot low, then test of that pivot low( printing a higher bottom 3 ) and then breakout above 2...higher bottoms and higher tops in case of upmove.

Same pattern is also called "Test"...

Smart_trade