General Trading Chat

[john302928]

looks like Sense of momentum change coming in V Guards.Cheers View attachment 28796

Update on 28 sep 2018 @ 4.44pm
On vguard, the red wave 5 is taking a complicated shape.Lets give a day time. we will get clear clue from market when it reverses.But anticipation still remains the same

 

[john302928]

Could anyone please tell me which broker offer bitcoin trading in india? Is trading bitcoin legal in India?

 

[Dr. Jan Itor]

Tumbling like dominoes, now Bandhan Bank is in trouble over RBI listing norms violation. Promoter holding not reduced. More branches opened in violation of licence conditions. CEO's pay is frozen now.

 

[john302928]

Hi
Looks like we might witness a crash in crude in the month of Oct2018 or around mid of Nov 2018. Meantime Crude might go up, to complete cyan wave (c).If things go as per the plan than we are looking for 58.06.Channel line is the guidance as of now. Lets be ready. Note: Its a tentative count. we just need to keep an eye if it gets resistance around 72-74 zone so that we can gain more confidence. But by any chance if it breaks 75.3 then it might go further and get resisted with longterm downtrendline and from there downward movement might start.At the moment I am biased to the below count.
View attachment 28501

update on [email protected]
Looks like crude is moving exactly as expected and it seems in the final leg of cyan wave (c). there is a triangle set up out there for the final leg. so one final spike is possible. by any chance if it breaks below that red wave 4 area then we can assume fall has started

 

[icytrader]

The reason they had this meeting early was they didn't want to implement changes close to election.

I think the next meeting is 3 months later and no decision will be taken then. So, I think, whatever's decided today will either be implemented soon or not for another year.

I doubt it. Someone will surely file a pil under article 19 and the SC will direct sebi to redact its stupid rule. You can't limit entry into capital markets based on net worth. Thats unfair trade practice.

 

[Riskyman]

SEBI commodity panel discusses mandatory delivery, longer trading hours
https://www.moneycontrol.com/news/b...ry-delivery-longer-trading-hours-2996421.html

 

[travi]

Anyone knows when this news first broke? or is it todays garam-garam

RBI bars Bandhan Bank from opening new branches, freezes CEO's compensation
The Reserve Bank of India (RBI) today barred Bandhan Bank from opening new branches, and also ordered freezing of the bank's CEO salary over failure to ...
Economic Times
31 minutes ago

RBI Freezes Bandhan Bank CEO’s Salary, Cancels Permission to Open New Branches
The RBI took action because the bank failed to comply with promoter shareholding norms. Axis Capital believes this move by the RBI will impact Kotak Mahindra ...
News18

 

[RockyRobust]

NSE Revises Banknifty Lot Size

BANKNIFTY NEW LOT SIZE is 20 Shares per Lot

http://www.nseindia.com/content/circulars/FAOP39012.pdf

 

[vivektrader]

Some lots sizes are also changed for stock F&O including Bajaj finance, please find the attachment.
Annexure 1-Decreased lot sizes
Annexure 2-Increased lot sizes
Annexure 3-Unchanged

 

[headstrong007]

NSE Revises Banknifty Lot Size

BANKNIFTY NEW LOT SIZE is 20 Shares per Lot

http://www.nseindia.com/content/circulars/FAOP39012.pdf

You know what is the reason of suddenly decrease of lot size what SEBI was rejecting every time.
It's the recent effect of newly increased margin thorough ASM.

There was discussion on CNBC that the recent fall in many NSE Stock Future is bcoz of suddenly liquidity crisis due to various recent restrictions. And bank nifty was facing some wide bid-ask due to increase of ASM too.

It's SEBI effect. Tried to cut retailers participation by increasing margin, as a failed effect needed to decrease lot size suddenly, now retailer will easily participate with half lot size now.

All the possible effect of bad liquidity due to such various restriction was discussed in SEBI thread but no one is listen to them from higher authority and suddenly they are feeling the heat.

Now small traders will trade bank nifty more peacefully. And bank nifty options will get higher liquidity.