General Trading Chat

[timepass]

But bhai, BNF toh nikal gaya
and if now drops to below 21450, then need study of chart

Moreover, it was a buy y'day, itself.

Ok, I know that today + tomorrow are bullish, but if someone wanted to enter at this stage, what would be the trade as per the 36/200 price+OBV technique, was the question.

 

[traderniftybull]

Ok, I know that today + tomorrow are bullish, but if someone wanted to enter at this stage, what would be the trade as per the 36/200 price+OBV technique, was the question.

Bhai, cant say, as I do not follow it.

But IMO, BNF being bullish, for intraday, one may enter with proper SL

 

[traderniftybull]

BNF

Now the next congestion is in 21525/540 range

 

[wisp]

So, for today, as per the charts, do we buy BNF around 21434 with SL around 21393 ??

Please ask the question is Varunji's thread, I am sure he will be happy to answer you.

 

[BearsTruth]

All BN mkt speculation seems to be headed for a burst if Uday Kotak's which in his words "sector disruption" (also later called it Creative destruction)

Media was speculating big merger or acquisition etc but nothing so far.
Apparently Kotak plans organic growth.

Instant digital bank a/c opening 24h a day, 0 balance a/c+6% int p.a and all digital transactions free......

Move towards full digitization is also a great move. It was first brought by Singapore's DBS bank. I opened Digibank account with DBS last year just by Aadhar card. The next day their guy came to my house with a finger print scanner and took my finger scan and voila my account was opened up in seconds. One negative side of DBS bank debit card is that it does not work with many international sites, especially poker and betting sides. So you have to rely on Kotak and ICICI's cards.

Meanwhile ALL PSU banks are as usually sleeping. They have no idea about digital banking. Their employees are third rate, ill-informed, their cards don't work etc. They are pathetic to the core. In the next 10-15 years mass migration of user will take place from PSU banks to private banks. I see demise of all PSU banks - and they deserve so. In the long term, share price of all PSU banks shall be zero. ALL PSU banks are Kingfisher Airlines in the making, ironically it took loan from them and run away.

 

[timepass]

Move towards full digitization is also a great move. It was first brought by Singapore's DBS bank. I opened Digibank account with DBS last year just by Aadhar card. The next day their guy came to my house with a finger print scanner and took my finger scan and voila my account was opened up in seconds. One negative side of DBS bank debit card is it does not work with many international sites, especially poker and betting sides. So you have to rely on Kotak and ICICI's cards.

Meanwhile ALL PSU banks are as usually sleeping. They have no idea about digital banking. Their employee are third rate, ill-informed, their cards don't work etc. They pathetic to the core. In next 10-15 years mass migration of user will take place from PSU to private banks. I see demise of all PSU banks - and they deserve so. In the long term, share price of all PSU banks shall be zero. ALL PSU banks are Kingfisher Airlines in the making, ironically it took loan from them and run away.

Don't put them down so badly. I have had mixed experience. Good experience with Union Bank and poor with SBI. So so with Central bank.

 

[BearsTruth]

Don't put them down so badly. I have had mixed experience. Good experience with Union Bank and poor with SBI. So so with Central bank.

Sire, what is Union Bank doing to face the upcoming onslaught of digitization? I know your love for Union bank but please don't get senti here. ALL PSUs are incompetent and that is a harsh fact. They just simply cannot compete.

 

[traderniftybull]

But bhai, BNF toh nikal gaya
and if now drops to below 21450, then need study of chart

Moreover, it was a buy y'day, itself.

BNF

IMO, low formed at 21450

 

[checkmate7]

BNF will close below 21400...

 

[timepass]

Sire, what is Union Bank doing to face the upcoming onslaught of digitization? I know your love for Union bank but please don't get senti here. ALL PSUs are incompetent and that is a harsh fact. They just simply cannot compete.

I have an account with them since 1999 and am fine with their working.