General Trading Chat

[Subhadip]

do not know if market will go up or down -----which ever way it moves,

but NF premium is so low..almost 2 point to 4 points.....means too many short in system....

 

[manoj2012]

Vijay Mallya Arrested .....

 

[monkeybusiness]

Vijay Mallya Arrested .....

For how long?

 

[manoj2012]

For how long?

seems bit longer than last time ...... this time india presented its case better in london courts

 

[monkeybusiness]

seems bit longer than last time ...... this time india presented its case better in london courts

He is one of the highlighted case owing to his life style, just check majority of gem and jewellery companies balance sheets, all of them have swindled anywhere between 1000 cr to 2000 cr. Modus operendi is quite simple, they are in exports, owing to global recession their foreign clients (Immediate family members) having office in Antwerp belgium, dubai etc have filled for insolvency hence they have defaulted on payments, under the circumstances company can't pay back loans to banks. Promoters are living luxurious life and opened new companies for swindling bank money in future.

 

[toocool]

do not know if market will go up or down -----which ever way it moves,

but NF premium is so low..almost 2 point to 4 points.....means too many short in system....

Better chances of a good rally then unless huge negative news comes

 

[KK23]

Now i am glad that the price came down so as not to leave a gap today. Leaving a gap is not good for a sustained uptrend.
Ideally i also do not want a gap up. (Because then there is always the fear that it needs to get filled)

What does this mean

 

[manoj2012]

Better chances of a good rally then unless huge negative news comes

Negative News highly unlikely .....

RBI not likely to raise rates .......

Status Quo ..... is what markets expects .....

Any rate reduction is positive surprise ........ but in worst case scenario will be Status Quo ... which will not be a negative surprise as such .......

 

[timepass]

In the first half, the markets surely will react to the better growth statistics.

India’s infrastructure output grows 4.9% in August: Govt

 

[traderniftybull]

DOW

If sustains above 22500, then likely to reach 22577/88 by eod / by tomorrow
LTP 22510

At eod yesterday it was short of numbers

But today clocked right 22600 !!!!!!!!