General Trading Chat

Banknifty showed weakness in last couple of hours on friday indicating weakness...

i think banknifty will provide early signal about nifty trend whether it returns to 7950 or breaks out above 8260-8270 resistance...
 
Petrol and diesel prices increased by Rs.1.29 and 0.97 .
Maruti registers a 4.4% decline in domestic sales number over last year. against a growth of 06% for the whole year.
 
NF

Tomorrow NF may open flat or with negative bias, only to move towards 8200+, if holds 8177/8166

Take care, this week is likely to be a volatile week and may set the direction for this month movement, as well.
Dear Friends,
The fact is, There is Friday's up move. Friday's closing. Friday's DTAA announcement. Then, FM Jaitley's explanations and finally our Hon. P.M. Modiji's New year eve's speech.
With all these things put together, no one can really be sure,how the Market will open or, how it will move thereafter on Monday.
So, whoever says Market will open gap up or gap down etc., has equal chances of being right and/or wrong. So, please take all advises with a pinch (OR should it be a fistful) of salt, please.:thumb: Jai Ram Ji KI
 
Hi Experts,

Could someone give a link/document to study important candlestick patterns.

I searched in web, but there are too many patterns and im not sure which are the important ones used in both intra-day & swing.

Thanks
 
Dear Friends,
The fact is, There is Friday's up move. Friday's closing. Friday's DTAA announcement. Then, FM Jaitley's explanations and finally our Hon. P.M. Modiji's New year eve's speech.
With all these things put together, no one can really be sure,how the Market will open or, how it will move thereafter on Monday.
So, whoever says Market will open gap up or gap down etc., has equal chances of being right and/or wrong. So, please take all advises with a pinch (OR should it be a fistful) of salt, please.:thumb: Jai Ram Ji KI
Bhai, I post what I see in the chart, irrespective of what Modiji is saying or what was FMs explanations.
Sometime it is very clear on charts for gap up or gap down openings in next session.
What I use to post is my chart reading and I reserve my rights to be wrong.
 

godfather

Well-Known Member
:)
SBI cuts lending rate by 0.9% across maturities effective today
Flushed with funds due to demonetization, the new interest rate for other tenures including one month, three months and six months has been reduced by 0.9 per cent.
 
Petrol and diesel prices increased by Rs.1.29 and 0.97 .
Maruti registers a 4.4% decline in domestic sales number over last year. against a growth of 06% for the whole year.
Also, aviation fuel prices hiked by 8.6%. Jet airways etc. should suffer.
:)

Flushed with funds due to demonetization, the new interest rate for other tenures including one month, three months and six months has been reduced by 0.9 per cent.
Housing and autos should benefit today, also auto ancillaries.
 

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