General Trading Chat

[john302928]

Bulk Trades and Block Deals.

Separate window for Block Deals in the morning.

Bulk trades are market trades.

are there any benefits of doing block deal trading rather than normal trading? How to do block deal? what are the timing for block deals?

 

[cinderblock]

are there any benefits of doing block deal trading rather than normal trading? How to do block deal? what are the timing for block deals?

No real benefit. If you work closely with the counter party a bulk deal will also have no real price impact.

Not in equities anymore but is usually half an hour on market open

 

[john302928]

No real benefit. If you work closely with the counter party a bulk deal will also have no real price impact.

Not in equities anymore but is usually half an hour on market open

How to know block deal pending orders like "market Snap Quote" where we see best buy pending orders and best sell pending orders. Similar to that can we see for Block deals? How to do the block deals? If i just place the regular order with huge qty during the first 30 min of opening, will it be automatically considered as block deal?

 

[cinderblock]

How to know block deal pending orders like "market Snap Quote" where we see best buy pending orders and best sell pending orders. Similar to that can we see for Block deals? How to do the block deals? If i just place the regular order with huge qty during the first 30 min of opening, will it be automatically considered as block deal?

Your broker needs to permit you to place block trades.

There's a different input order form for block trades with a different order ID identifying it as a block trade.

 

[john302928]

Hi This is my count on Axis Bank which I drew yesterday

Currently ABC (cyan color) waves are going on. we have enough time to get clear confirmation if it is going to be ABC as marked or 123 on downside. Once we get the confirmation we can ride the next set of waves

ABC waves completed ; now next set of impulsive waves are going on

 

[princy01]

RBI policy day is when this time?? 5th or 6th april??

 

[john302928]

RBI policy day is when this time?? 5th or 6th april??

https://www.rbi.org.in/scripts/annualpolicy.aspx

 

[manoj2012]

Hi Manoj,
Ashiana housing - It is not the perfect timing to inter in to this stock.there might be a pullback for the rally that has been happening from nov 2016,The pull back might take few more weeks to complete.Before the pull back maximum it might go around 250 zone.Once we gain confidence on pull back waves that it is corrective waves then we can confidently enter.

Jetairways- Looking good. new set of impulsive waves had begun around end of dec 2016. currently it is in wave 3. so we have 4 and wave 5 due. and then ABC correction. Ideally we should wait till that abc corrections are over. Because this is a new set of waves. and moreover 5 waves have not yet completed. currently we are in wave 3. either this could be wave 3 upside or it could just be wave c upside. we never know that. because the wave before this rally were zigzag waves, it could have been some kind of triangle. as far as triangle is concerned, you should never ever enter before the breakout unless we have lot of patience.If the current rally is going to be 5 wave rally then it will decide the direction of breakout.

I personally feel, Jetairways is making 5 waves so we can ride this wave 3 and 5. and book profit once wave 5 is completed and wait for abc correction to be over and then again jump to ride the holy spiking move in wave 3 of higher degree

Ashiana Housing is ROCKING today .....

Jet is also going higher each day .....

 

[traderniftybull]

First Bi-monthly Monetary Policy Statement, 2017-18 on at 2.30 pm on April 06, 2017

The Monetary Policy Committee (MPC) will meet on April 5 and 6, 2017 for the First Bi-monthly Monetary Policy Statement for 2017-18. The resolution of the MPC will be placed on the website at 2.30 pm on April 6, 2017.

 

[princy01]

https://www.rbi.org.in/scripts/annualpolicy.aspx

its very risky for me on this expiry