General Trading Chat

[traderniftybull]

big moves usually start much before the events and slowdown as event approaches, so jan last week is likely to be slow(unless something unexpected happens), before and after this week we are likely to see moves..

Thats what, I too want to say.
Any reaction because of Trump will be around/after 15-20th Jan
Any reaction because of Election will be after 1-2 months, before election
and
any reaction because of budget will be after 25-30th this month, just before budget or after budget

and not now today or tomorrow.


What I posted in previous post was for today or tomorrow or max for this week

(Normally we always had pre budget rallies)

 

[Vipul_84]

Please take care ST Sir. All the very best for speedy recovery!! :thumb:

3 hafte ho gaye....that is why started working on computer.

Smart_trade

 

[travi]

So, better look for continuous red bars which should be atleast 9 and then wait for a positive bar and buy.

Hehe, never 100% but probability is very high.
Lets put it this way, when such counting happens, it is supposed to mean that all bull or bear traps & other noise etc has been taken out.

So after consecutive selling, the fresh buying is genuine and not a short cover rally. Trend-reversal vs Pullback

Vice-versa for buying.

 

[traderniftybull]

Tomorrow opening likely, at

NF around 8222
and
BNF around 18000

Just my view

 

[monkeybusiness]

I have kept my buying list ready. If market breaks 7500 I will start buying selected stocks in small lots.

Sir, if you start buying in small lots when market breaks 7500, where do you see bottom?

 

[phoenixbird]

Using tradingview.com. This is a tradingview script.

You can easily find it on net. Just google TD setup tradingview script.

Let me know if u are not able to find it. i will share.

Is it possible to add this code to chart in kite/PI of zerodha?

Thanks

 

[vagar11]

Is it possible to add this code to chart in kite/PI of zerodha?

Thanks

No, not possible. I hope they make some changes in the webiste that allows us to code our custom indicators. I want to add VWAP bands.

 

[vagar11]

Hehe, never 100% but probability is very high.
Lets put it this way, when such counting happens, it is supposed to mean that all bull or bear traps & other noise etc has been taken out.

So after consecutive selling, the fresh buying is genuine and not a short cover rally. Trend-reversal vs Pullback

Vice-versa for buying.

I am also not looking for 100%.

I am looking for 99.99%. :lol::lol:

 

[Sidz]

FII's have been selling a lot since last month and the effect has been nullified by DII buying.

But as far as I remember, this is one of the largest selling streaks in last couple of years by FII's. Any indication of a potential correction of a large scale?

 

[suri112000]

FII's have been selling a lot since last month and the effect has been nullified by DII buying.

But as far as I remember, this is one of the largest selling streaks in last couple of years by FII's. Any indication of a potential correction of a large scale?

Technically Nifty spot has cut through Death Cross. (50 SMA has bearishly crossed down 200 SMA). There is likelyhood of a correction but how much of the correction cannot be known in advance.

One important observation. 200 SMA is still climbing higher. It implies that even if 50 SMA crosses up over 200 SMA indicating bullishness, that does not guarantee you windfall profits either being bullish.

In a nutshell, it is time to stay cash until Golden Cross happens and see the inclination of 200 SMA at the cross.