General Trading Chat

[traderniftybull]

Nifty begins April series flat but ends FY17 with 18.5% returns, Midcap shines

The broader markets outperformed benchmarks not only today but also in FY17, with the Nifty Midcap index rising half a percent and 35 percent, respectively.

http://www.moneycontrol.com/news/bu...-with-18-5-returns-midcap-shines-2250765.html

 

[traderniftybull]

Tech View: Nifty closes flat for first time since Oct 2016; on track to hit fresh record highs

Overall, the trend of the index is positive so every decline is being bought in the market which is a bullish sign.

http://www.moneycontrol.com/news/bu...-track-to-hit-fresh-record-highs-2250813.html

 

[john302928]

Revenue of Telcos to be hit for further 3 months ........

Bharti Airtel / Idea down tommorrow ...?

IDEA might reverse in a day or 2

 

[princy01]

April series Nifty 8950 puts and 9400 calls look attractive for selling.Both give combined premium of 73-74 rupees.

Smart_trade

Sir i am more of a classical chart pattern break down trader , plus trend going down seller , cant imagine how you spotted those 2 options

please share reasons to select these 2 options if possible

 

[john302928]

I would like to know if there are any people here who analyse based on divergences

 

[Smart_trade]

Sir i am more of a classical chart pattern break down trader , plus trend going down seller , cant imagine how you spotted those 2 options

please share reasons to select these 2 options if possible

Reasons : I expect slow upmove to continue in April. The downside in my view is 9000-8950. Upside is max 9400.Quarterely results could be mixed so no big trigger on up or downside as of now.

Smart_trade

 

[Smart_trade]

Kotak 811 scheme announced by Uday Kotak with a press conference is an eyewash.

I tried to open a 811 account but as soon as I give my PAN,it says I have a normal account with Kotak bank so their representative will call me. Press conference never said that existing accountholders cannot open 811 account.

After 2 days I get a call from Kotak Bank and the lady tells me that to open an account she needs copies of my PAN Card, Address proof etc. and when I disclosed that I have a normal SB account, she said then I cannot open 811 account....I said thank you and closed the phone call.

Uday Kotak said that at 2 am in the midnight one can open a 811 account...wonder who will go to deliver document copies to them at 2:00 am in the midnight.

So with 811 Kotak wants to get non Kotak customers in their fold.

Smart_trade

 

[travi]

Kotak 811 scheme announced by Uday Kotak with a press conference is an eyewash.

I tried to open a 811 account but as soon as I give my PAN,it says I have a normal account with Kotak bank so their representative will call me. Press conference never said that existing accountholders cannot open 811 account.

After 2 days I get a call from Kotak Bank and the lady tells me that to open an account she needs copies of my PAN Card, Address proof etc. and when I disclosed that I have a normal SB account, she said then I cannot open 811 account....I said thank you and closed the phone call.

Uday Kotak said that at 2 am in the midnight one can open a 811 account...wonder who will go to deliver document copies to them at 2:00 am in the midnight.

So with 811 Kotak wants to get non Kotak customers in their fold.

Smart_trade

hehe, u got the fag end of the deal then I was all pumped to get an a/c there.

If I recall, the said their existing cust will get same features on the mobile app with all digital trx chgs waived off etc

Do u have the same mobile app and features?

Prior to that day, I withdrew inr. 2k from a non-ICICI ATM, 1st trx in 2 months from any ATM and I was charged inr. 23 for trx.

 

[timepass]

I would like to know if there are any people here who analyse based on divergences

On which timeframe ?? Anyway, I have found that the divergences should never be taken as a standalone indicator because they get invalidated more frequently than other patterns.

 

[manoj2012]

Kotak 811 scheme announced by Uday Kotak with a press conference is an eyewash.

I tried to open a 811 account but as soon as I give my PAN,it says I have a normal account with Kotak bank so their representative will call me. Press conference never said that existing accountholders cannot open 811 account.

After 2 days I get a call from Kotak Bank and the lady tells me that to open an account she needs copies of my PAN Card, Address proof etc. and when I disclosed that I have a normal SB account, she said then I cannot open 811 account....I said thank you and closed the phone call.

Uday Kotak said that at 2 am in the midnight one can open a 811 account...wonder who will go to deliver document copies to them at 2:00 am in the midnight.

So with 811 Kotak wants to get non Kotak customers in their fold.

Smart_trade

I have one Q ....

What does the Kotak 811 gives that SBI's Zero Balance Jan-Dhan Ac does not gives .....

Bo9th have Txn limit of 1 Lakh ...

and SBI's Jan-Dhan Ac .... one will also get a physical ATM Card (Rupee Card) ....

So all the hype of 811 Ac press release ..... waS WHAT ...??

was it just a face saving Plan B for not able to acquire Axis ....!!