General Trading Chat

[traderniftybull]

NF

To open gap up and to reach 8300, around open/in few minutes after open.
and
If managed to sustain/trade above the low (whatever low, of the opening 1 min bar) then will move around 8333 as well.


BNF

If sustains/trades above 18300, then will look for 75/100 points move
and continuing the move, I wont be surprised, if BNF also touches 18444

LTP 18317


My views only !!!!!!!!!!

 

[HappyLife]

Are you referring to the resistance at 433.5 level (on december 9th) ?

thanks

Yes …. also look nov 10 & 11 how it break & then big rejection.
When finding support & resistance it’s better to use EOD chart.

 

[praveen taneja]

Things to watchout

1.Tax Dept announces finally GAAR will take effect from 01 April 2017 .
2.Budget on 01st Feb after hue and Cry. Before election. A populus budget? Do markets like populus budget?
3.Statstical Dept project GDP for FY 17 at 7.1 % without taking Nov Dec Figures? Is revision on cards to 6%?
4.Bank Loan growth at a decade low.?
5.SBI housing loan querries a Jump of 300% post announcement of low rates?
6.97% of the currency back in system. Harasments starts for Honest Citizens also?
7.Will DII make profit and exit and re inter at lower levels as FII are back tomorrow in Full Boom.
8.Goldman Sachs says will start investing in EM post march 2017 after watching Q1 US numbers.
Tomm chances of Gapup and then Jai Ram Ji KI
wait 8300 put I am coming for you
Jai Ram Ji KI

 

[TraderRavi]

Things to watchout

1.Tax Dept announces finally GAAR will take effect from 01 April 2017 .
2.Budget on 01st Feb after hue and Cry. Before election. A populus budget? Do markets like populus budget?
3.Statstical Dept project GDP for FY 17 at 7.1 % without taking Nov Dec Figures? Is revision on cards to 6%?
4.Bank Loan growth at a decade low.?
5.SBI housing loan querries a Jump of 300% post announcement of low rates?
6.97% of the currency back in system. Harasments starts for Honest Citizens also?
7.Will DII make profit and exit and re inter at lower levels as FII are back tomorrow in Full Boom.
8.Goldman Sachs says will start investing in EM post march 2017 after watching Q1 US numbers.
Tomm chances of Gapup and then Jai Ram Ji KI
wait 8300 put I am coming for you
Jai Ram Ji KI

point 5 is good ? jump of 3 times in loan querries , people interested in taking home loans.

 

[XRAY27]

GOOD ONE FOR TRADERS !!!

WATCHING CHARTS INTRADAY WILL HARM YOUR TRADING RESULTS

 

[BearsTruth]

Urijit Patel role under lens!! LOL. Did he play any role? Just played yes man....

http://indianexpress.com/article/in...ecy-parliament-panel-to-rbi-governor-4464383/

 

[TraderRavi]

GOOD ONE FOR TRADERS !!!

WATCHING CHARTS INTRADAY WILL HARM YOUR TRADING RESULTS

from the same author

Why I ‘Seriously’ Hate Day Trading

http://www.learntotradethemarket.com/forex-articles/why-i-hate-day-trading

 

[suri112000]

from the same author

Why I ‘Seriously’ Hate Day Trading

http://www.learntotradethemarket.com/forex-articles/why-i-hate-day-trading

If we avoid intraday charts, we are in a sense helping ourselves from time constraints imposed by intraday. If we avoid intraday, we are tilting odds in our favour.

 

[travi]

@Nial Fuller
Its bit biased with Forex, that doesn't stick with the Beta of Stock FnO. Index like BNF in intraday is sufficient for his swings

 

[vijkris]

Hope this wont be a factor in tomo's trading.

Will not accept debit/credit cards from tonight, say petroleum dealers

The petrol bunks across the country will stop accepting debit cards and credit cards for filling fuel from midnight on Sunday as banks will now debit a Merchant Discount Rate of 1 per cent from petroleum dealers, said President of All India Petroleum Dealers Association Ajay Bansal.

Talking to reporters after a two-day State-level convention of petroleum dealers here on Sunday, Mr. Bansal said each petroleum dealer was operating with a profit margin of 2 per cent.

On Saturday, banks referred to the Reserve Bank of India notification dated December 16 and said an MDR ranging between between 0.25 and 1 per cent will be deducted for each debit card transaction. An MDR of 1 per cent will be deducted for each credit card transaction.

“We are operating on a very thin margin. We cannot afford this deduction. Hence we have no other go than stop accepting debit and credit cards,” Mr. Bansal said. When pointed that the dealers are going against government directions, Mr. Bansal said they have no other option. Mr. Bansal said the decision to stop accepting debit and credit cards had been conveyed to Petroleum Ministry and Finance Ministry officials, he said.

http://www.thehindu.com/news/nation...ght-say-petroleum-dealers/article17008557.ece