General Trading Chat

[TraderRavi]

tuk tuk 3rd day

 

[travi]

tuk tuk 3rd day

Aaj tho ultimate tuk tuk

 

[travi]

Ravi Bhai, the BN Gods have heard you.
I was caught napping when it moved

 

[STRATEGICINVESTMENTS]

Best time for entering short was in the morning at the time of TUK TUK.

Best wishes for next time.

 

[TraderRavi]

BNF may take support @ 18200

 

[travi]

Best time for entering short was in the morning at the time of TUK TUK.

Best wishes for next time.

I went short on 10:55 BNF Bar, got some consolation price

 

[STRATEGICINVESTMENTS]

Good. but the question is that we think market is dull and at that time market makers are making the best positions. We should not remain neutral during that time. when price starts moving fast, at that time we enter and help making them (market makers) money. I just want to point out this. We should learn from our past analysis or experience.

 

[john302928]

On friday Nifty came to upper channel line, I was expecting it to terminate around 8335 but since it took more time in the upmoves it looks like getting termination around 9 dec 2016 friday levels 8270, because it is getting resisted with the upper channel line. So it looks to me wave C is over and D has started today 12 dec 2016. If it is going to be a triangle as I see then we have one more wave upside as E wave which might or not touch upper channel line and then we have another sell off will coming in. Stay safe!

My minimum requirement for wave D was 8076 so far today it touched 8075. I wouldnt be surprised if wave D is completed now. So wave E might start at anytime either now or bit more correction. But I am expecting it to reverse for E wave now. This E wave could be a shorter one. So if it is going to be a triangle then good sell off is coming on the way.But after E wave if the downward movement is like snail in one to 3 days then trend might reverse on upside considering this triangle completes the correction.Stay safe.

 

[pratapvb]

My minimum requirement for wave D was 8076 so far today it touched 8075. I wouldnt be surprised if wave D is completed now. So wave E might start at anytime either now or bit more correction. But I am expecting it to reverse for E wave now. This E wave could be a shorter one. So if it is going to be a triangle then good sell off is coming on the way.But after E wave if the downward movement is like snail in one to 3 days then trend might reverse on upside considering this triangle completes the correction.Stay safe.

daily WW seems to be still active with target below 7900 ...closer to 7800

 

[rkripal]

Range I am looking for in NIFTY

Anything in this range for swing trades could be deadly. But a buying or selling decision has to be made at upper or lover line of the range. Lower line being tested now... Let's see.. what we have in store..