General Trading Chat

[monkeybusiness]

HUL delivers yet another pathetic quarter results. Stock ended green!! Only stock where shareholders don't care abt growth...
http://t.in.com/f5K9

Inside news , HUL is takeover target by Baba Ramdeo. :lol:

 

[BearsTruth]

govt is getting more indirect taxes now. Service tax 18%.. then GST is coming same year.. tax evasion hard with GST..more tax collection..
ek hat main lena to,, ek hat main dena bhi to chaiye..
50k to.. no effect..even bura effect..

Je sarkar lower crude price ka benifit pass na kiyat, GST ka kya khaak karegi...

 

[monkeybusiness]

Je sarkari lower crude price ka benifit pass na kiyat, GST ka kya khaak karegi...

Tijori bhar ke rakhenge, aanewali khichdi sarkar k lootne k liye :lol:

 

[TraderRavi]

Probably 50k type increase, 4L is improbable for a Fiscal deficit economy.

Arvind pangariya economic advisor is against increasng the IT limit of 2.50 lakhs .
may be increase upto 3 lakh not more than that . govt is trying to increase the no. of taxpayers .

 

[TraderRavi]

SC dismisses PIL, Budget to be presented as scheduled on Feb 1

Read more at: http://www.moneycontrol.com/news/cu...uledfeb-1_8324121.html?utm_source=ref_article

 

[timepass]

Any ideas about Idea ? Downsloping channel or inverted H&S ?

 

[Tuna]

Any ideas about Idea ? Downsloping channel or inverted H&S ?

Switch to Weekly view and check what is the bias, is it recovering or showing weakness and then switch to hourly view check the same. If still undecided, stay on sideline.

 

[traderniftybull]

Any ideas about Idea ? Downsloping channel or inverted H&S ?

Its more of down sloping channel
If holds 71.5 then it may move to 76-78 range

Just my view and I may be wrong.

 

[Vertigo_1985]

Any ideas about Idea ? Downsloping channel or inverted H&S ?

How about Jio failure affecting it ? I have been using Jio and i dont think its gng to be able to retain many of its customers.. call drop is still an issue, daily my 1 GB data limit gets crossed.. with 4g speeds i dont think 10 gb plans are gng to last even 15 days leave alone a month.. either they will have to reduce charges or see most customers leaving.

 

[Tuna]

You missed the chance of going long, as per hourly reversal system on mine (BB-CCI):

On Daily

Now you are actually in the front of resistence of 50 EMA (violet, might work as Fool's system dyaminc R) and then STI (I guess coming around 75.28) and later 100 EMA (yellow). To me, if you are playing F&O, it is a lost opportunity. Momentum traders are already in - then well it can break all these and flip the STI, but why now? You had to go on the hourly bro.

But silver lining for longs, on my prop indicator chart (can't post due to copyright), it is about to cross the bullish band if it closes above 50 EMA, and that actually might work.

But I will not go long now, I will fade it if it fails to sustain above 50 EMA for 2 days with a SL on STI+2 pips. But again, thats my way. Reason for that, I am not convinced on the bullishness on the weekly. May be a Q result game, it might get faded later. Did not check the OI though.

Disclaimer - None of my posts are invesment idea. blah blah blah blah. And I do reserve the right to get this wrong.