General Trading Chat

vijkris

Learner and Follower
About 60 lac people have cumulatively deposited 7 Lac crore rupees i.e.0.5% population deposited about 50% of cash. Amazing...
Source: TOI

Vivek
You wont believe but my family deposited old notes worth only 2000 Rs. :lol:

BTW out of those 0.5%, 50% of them will claim that they are farmers!!!

I am just waiting for 31 dec, PM's address to the nation. He will present the report card which will give a definite direction to the markets.

Personally a rare occurrence in my trading.. I have been consistently profitable since 4 days. :rofl:
 

vivektrader

In persuit of financial independence.
You wont believe but my family deposited old notes worth only 2000 Rs.

BTW out of those 0.5%, 50% of them will claim that they are farmers!!!

I am just waiting for 31 dec, PM's address to the nation. He will present the report card which will give a definite direction to the markets.

Personally a rare occurrence in my trading.. I have been consistently profitable since 4 days. :rofl:
He he, well many times I have been profitable for 7-8 days in a streak, but then... on the next day or two, I give it all back with premium. Funny enough.

Vivek
 

vijkris

Learner and Follower
He he, well many times I have been profitable for 7-8 days in a streak, but then... on the next day or two, I give it all back with premium. Funny enough.

Vivek
That means i should control my emotions and should not think of New Year party now. Anything can happen tomorrow. :D :p
 
NIFTY and BANKNIFTY (both spot) did an high of 8100.55 and 18059.65 respectively.

What next

NIFTY again for around BRN, if sustains above 8005
and
BANKNIFTY again for around BBRN, if sustains above 17825

And I wont be surprised, if able to sustain above these numbers, then we may see move well above BRN and BBRN in next session(s) :D
NIFTY and BANKNIFTY (both spot) did an high of 8111.1 and 18053.3 respectively, as anticipated in previous post.

What next

For NIFTY (spot value)
IMO, there are 2 probabilities

1. A dip in the morning and then upmove, in this case we may see a dip to 8077 but for an upmove NIFTY should sustain above 8050. NIFTY may see 8144/8177 in the upmove, in this/next trading session(s)

and

2. An upmove in the morning to 8144/8177 or more and then a dip. In this case dip should not be below 8100 or 8077, for further upmove in this/next session(s)

Just my observation. Lets see how it pans out.
 
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For BANKNIFTY (spot value)

1. A dip in the morning and then upmove, in this case we may see a dip to 18000 but for an upmove BANKNIFTY should sustain above 17950. Then BANKNIFTY may see 18111/18155 in the upmove, in this/next trading session(s)

or other probability

2. An upmove in the morning to 18111/18155 or more and then a dip. In this case dip should not be below 18050 or 18000, for further upmove in this/next session(s)

Just my observation. Lets see how it pans out.
 

Snake.Head

Well-Known Member
Good Job by moneylife

NSE admits that Whistleblower's allegations have been found to be true by an independent agency

According to the Agency's findings, the system architecture of the NSE’s transmission control protocol (TCP) or internet protocol (IP) based tick-by-tick (TBT) system was prone to manipulation. The TCP-IP based TBT system architecture indicated that data was disseminated in a sequential manner whereby the stock broker who connected first to the server received ticks (market feed) before the stock broker who connected later
,
http://www.moneylife.in/article/nse...o-be-true-by-an-independent-agency/49307.html
 

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