General Trading Chat

vikas2131

Well-Known Member
I have seen and traded atleast 4 bull markets tops...one needs committment froth meaning people should be long in leveraged positions beyond their capacity,no fear of the market coming down,markets gallop in last few days making Nifty advance by 120-150 points every day,cats and dogs stocks going up,these signs I dont see at present.I see fear in the minds of traders than greed.

But I see some signs of correction round the corner. GST implementation issues could trigger such a correction...but no definite sign of correction having started as of now.

Smart_trade
4 Market tops ... 2000, 2008, harshad mehta ..4th one ?
 
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Open interest picture as of now showing a range of 23300-23500. 23300 PE could fire only above 80 and so could 23500 call above 110. Conversely one can sell these with these SL's but it is risky for keeping it overnight.
 

headstrong007

----- Full-Time ----- Day-Trader
I liked the style of the traders there... Wow kya style hai.. :thumb:



Confident Body Language...From real winners...Trader ho to aaisa..:lol:
 

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