General Trading Chat

[traderniftybull]

December IIP came in negative...

Yes, IIP to a 4 months low

But
How you rate it, its impact on market
Bullish or Bearish

Demonetisation impact: IIP contracts to 4-month low of 0.4% in December

http://www.firstpost.com/business/d...o-4-month-low-of-0-4-in-december-3277152.html

 

[BearsTruth]

Yes, IIP to a 4 months low

But
How you rate it, its impact on market
Bullish or Bearish

Demonetisation impact: IIP contracts to 4-month low of 0.4% in December

http://www.firstpost.com/business/d...o-4-month-low-of-0-4-in-december-3277152.html

Neutral impact to bullish!!

 

[cbipriyesh]

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[cbipriyesh]

Neutral impact to bullish!!

I think it is in overbought zone

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[timepass]

cbipriyesh, can you interpret the chart in words for the rest of us ? We aren't very familiar with the harmonic patterns.

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[timepass]

Looks like it's back to pavilion for Idea on Monday

Idea Cellular posts consolidated net loss of Rs 385.6 crore because of Jio

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

 

[traderniftybull]

Neutral impact to bullish!!

Arreyyy
Neutral to Bullish

Surprised
Bhai, lagta hai
you have changed.

 

[vivektrader]

No,but just tried that on daily timeframe and with my favourite money flow index...HPCL I bought 2 years ago on fundamentals....but chart also is helpful..It is also completing sequential sell CD.Posted the chart directly from zerodha kite without using any image upload site.

ST

ST sir, BHEL is in overbought zone in money flow index for last 5days, since you use this indicator, is the interpretation straightforward?

Vivek

 

[traderniftybull]

itna sannata kyon hai bhai logon !!!!!!!!!!

 

[Smart_trade]

Presently we are in an upward trend. Nifty P/E ratio we are tading at 23.3 which is not cheap.Historically markets have topped out at PE of 24-25 .The question now is we may go to 8900/9000 or 9100 but how high the market will sustain itself ? Nifty stock earnings have to go up so that PE will come down and the uptrend will continue....

The above may not be of concern for day/ swing traders but it is very important for long term investing.

Smart_trade