General Trading Chat

[traderniftybull]

International market is moving up and up
But Indian market is continuing to be on a slippery path
and whipsawing and frustrating Indian traders

For NF
I feel that Tuesday should be the last day for moving up for a rally
(should be open = low and open above 8840 or better above 8850 )
or max to max Wednesday (though little chance for dragging till Wednesday)
else
I fear, we may see lower levels.

 

[ap*]

International market is moving up and up
But Indian market is continuing to be on a slippery path
and whipsawing and frustrating Indian traders

For NF
I feel that Tuesday should be the last day for moving up for a rally
(should be open = low and open above 8840 or better above 8850 )
or max to max Wednesday (though little chance for dragging till Wednesday)
else
I fear, we may see lower levels.

Perma bull has bearish inclinations it's time to buy calls pardon the pun sirji no harm meant

 

[princy01]

I did not use OBV when I bought HPCL....but just put OBV chart below the price chart to see how it looks .When OBV and price above its 200 ema we get confident moves.

Anyone wants to understand how to pick up multibaggers,just see HPCL's growth in profits from 2014....with this growth,the price has to follow.

Smart_trade

But sir how to gauge if profits is growing and will continue to grow?

 

[traderniftybull]

DJI and SPX at new ATH, today also

DJI did 20300 on Friday itself and
SPX did 2323 today

Now
DJI to do 20433+
and
SPX to do 2333

Chalo bhai, aaj ka tukka to theek lag gaya

DJI did an high of 20441 and SPX 2331.6

ed
after an high of 20441, DJI is dipping,
dekhte hain, that it holds 20400 or not
currently at 20413

 

[traderniftybull]

Perma bull has bearish inclinations it's time to buy calls pardon the pun sirji no harm meant

Never mind, carry on

No no, I have no bearish inclinations, at least for the time being. :lol:
Only thing/fear is, market may not turn bearish, if not able to move for a rally, even after a few days consolidation.

You said "it's time to buy calls"
what do you mean,
you are still on puts

 

[Smart_trade]

But sir how to gauge if profits is growing and will continue to grow?

One has to study Balance Sheets and Profit and Loss accounts either from companies' sites or from many sites like screener.in .Screener gives all the data in a tabular form for last few years.Once the growth starts,it continues for a few years and the stock price is a slave of earnings growth.Stock prices follow the growth.One has to consider quality of management,Govt policies for the sector,corporate governance also to be considered.

Smart_trade

 

[timepass]

Big results today : TaMo, Sunpharma, Vedanta, Adani ports, JSPL vagera vagera... Maybe a choppy day.

 

[ap*]

Never mind, carry on

No no, I have no bearish inclinations, at least for the time being. :lol:
Only thing/fear is, market may not turn bearish, if not able to move for a rally, even after a few days consolidation.

You said "it's time to buy calls"
what do you mean,
you are still on puts

Not on puts yet sir. Was hedged for a while now trading smaller tf swing. So up and down moves both aren't really bad for me. For now atleast :lol: also waiting keenly for a directional break out after all this consolidation.

 

[traderniftybull]

Market is testing patience of bulls !!!!!!!! :lol:

 

[cinderblock]

Routine for the last 3 days.

Come to office. Turn on screen. Open breakfast box. Look out the window. Enjoy the view. Look at the sky. Look at the birds.

Type a message on TJ. Doze off