General Trading Chat

[TradeJoker]

Can't understand this market, even the best setup under threat

 

[traderniftybull]

Can't understand this market, even the best setup under threat

today in NF ad BNF
except a few moves
its meant for scalpers only

 

[Novice30]

Today i got a SMS from zerodha, stating BSE Fund Balance Rs.xxxx NetFund Balance Rs.xxxx , Qty Shares 0 (zero)

Can some explaing what this means. The fund balance Rs.xxxx is not the actual balance i have in my trading account

thanks

I got an SMS from BSE about my stock holding and ledger balance as on 31st July 2017 even though my holding is in the NSE. I checked with Sharekhan, they had no clue, so I wrote an email to BSE, awaiting reply.

 

[Novice30]

Hey friends, I guess many traders are receiving such msgs, even I got one

View attachment 22046
Also, Have received msgs from BSE with respect to balance kept with broker.Actually, I guess this has to do with a broker going insolvent.

AMRAPALI AADYA TRADING & INVESTMENT PVT. LTD.

You can see this Sebi order pdf file.

Also, a friend sent me screenshot of a grp he is part of. Someone has an account with the above mentioned broker and now he is trapped

View attachment 22048 View attachment 22049


Pls save yourself from unknown brokers. Just for saving some brokerage, don't compromise with your capital.

It is better to pay a higher brokerage and stay with a trusted broker rather than opting for an unknown entity just for reduced brokerage.

 

[Smart_trade]

ST Sir, how do u see pharma sector at current levels as investment. There is also significant pressure like eroding margins, FDA issues, price cappings etc

thanks

Pharma sector has been beaten down and now it is staging a small recovery. But the fundamentals have still not changed, price control,US inspection issues still there. Also at every rise, there will be selling from people who are trapped at higher prices and the sector will take a long time to come up .

It is better to invest in a sector which is growing and doing well ...

Smart_trade

 

[TradeJoker]

Why there's no clarification on this BSE message? sharekhan , Zerodha are known to many people,

 

[cloudTrader]

Can't understand this market, even the best setup under threat

Even the Algos are feeling threatened ..

 

[headstrong007]

Even the Algos are feeling threatened ..

Yes, Algo Traders usually face the hit in range bound days like Thursday.

But, the Indian market is not like US/UK. More Robo Traders are only increasing spikes nowadays.
Already, spikes & slippage are killing Robo Traders... Stop losses will hit more frequently bcoz of spikes.
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Manual traders using BO/CO also need to be careful in future days bcoz a lot of algo traders recently entered in the market bypassing sebi registration...They are using various illegal Robo Trading softwares to make the whole process automated without taking permission from SEBI. Such algos must be approved by SEBI as per the rule.

 

[Smart_trade]

Happy Ganesh Chaturthi to all my friends....let Ganpati Bappa bring joy,happiness and prosperity to everyone's family.

Smart_trade

 

[checkmate7]