General Trading Chat

[travi]

IMO- UPSIDE IS LIMITED..
Reason?
FII still not participating in this rally... Budget day FII less than 100 Cr.. not a good signal..
...
Vola baba always support the bear more than bull..
Now don't ask me who is Vola baba..

Just a small correction, I have no opinion on you comments.

I see the FII data very frequently misinterpreted and you can kindly go through my thread to know more.

In fact, on budget day FII were NET Buyers of EM&DM, but in fact they were NET Sellers of Equity 445Cr across Stock Exchanges.
Also, you will not immediately know if they dumped mid/small-cap stocks and bought large cap stocks which boosted the major indices.

 

[vijkris]

Just a small correction, I have no opinion on you comments.

I see the FII data very frequently misinterpreted and you can kindly go through my thread to know more.

In fact, on budget day FII were NET Buyers of EM&DM, but in fact they were NET Sellers of Equity 445Cr across Stock Exchanges.
Also, you will not immediately know if they dumped mid/small-cap stocks and bought large cap stocks which boosted the major indices.

If you don't mind, pls accept this advanced birthday gift from me..
[U R L="http://www.traderji.com/general-trading-investing-chat/103763-fii-fpi-analysis.html"]FII/FPI Analysis
[/URL]

Remove spaces and copy paste that line in your signature. After that it should look like this : FII/FPI Analysis

 

[BearsTruth]

I'm still not able to figure out what was good in the results of Axis, ICICI and Airtel that their shares are on such a good upmove. From all standards their results were pathetic yet they moved up. I have had no position in any of them but in amuses me what is going on there. Does anyone know the answer?

 

[TraderRavi]

I'm still not able to figure out what was good in the results of Axis, ICICI and Airtel that their shares are on such a good upmove. From all standards their results were pathetic yet they moved up. I have had no position in any of them but in amuses me what is going on there. Does anyone know the answer?

In a bull market everything goes up , in a Bear market everything goes down

 

[travi]

In a bull market everything goes up , in a Bear market everything goes down

Correct bhai, like IT & Pharma stocks today
Bloody beaten down yest (& past months) and today wanted to lead the market like Idea

 

[Smart_trade]

Market was already set up to go higher.It got coiled like a spring when PM mentioned higher contribution from stock market and market was expecting likely changes in LT capital gains.As nothing was introduced there,market unleashed itself.

Smart_trade

 

[princy01]

I'm still not able to figure out what was good in the results of Axis, ICICI and Airtel that their shares are on such a good upmove. From all standards their results were pathetic yet they moved up. I have had no position in any of them but in amuses me what is going on there. Does anyone know the answer?

Results don't matter in bull market, if stock is in uptrend, future looks OK stock will go up, try to change your name and maybe technicals will make more sense to you

 

[princy01]

Market was already set up to go higher.It got coiled like a spring when PM mentioned higher contribution from stock market and market was expecting likely changes in LT capital gains.As nothing was introduced there,market unleashed itself.

Smart_trade

I think something will come after elections

 

[traderniftybull]

I'm still not able to figure out what was good in the results of Axis, ICICI and Airtel that their shares are on such a good upmove. From all standards their results were pathetic yet they moved up. I have had no position in any of them but in amuses me what is going on there. Does anyone know the answer?

Do you trade bull market also.
I seriously doubt

 

[traderniftybull]

BNF

The dip seems complete or may be a few points left more.
But whenever BNF trades over 20099
I will look for 75/100/125 points

BTW, if fails to move above 20099, then be ready for more consolidation and dip (though probability is very less)