General Trading Chat

[timepass]

Looks like unlock begins in IRCTC too now.

As Unlock 4 begins, Railways plans more special trains, says state govt being consulted
1 min read . Updated: 01 Sep 2020, 03:12 PM ISTWritten By Aparna Banerjea

• The Indian Railways had announced last month that that all regular passenger trains, which were earlier suspended till 12 August, are to remain suspended 'until further notice'
• While 30 Rajdhani-like AC trains were started initially, the IRCTC began 200 more trains since 1 June

https://www.livemint.com/news/india...e-been-consulted-railways-11598952564231.html

 

[timepass]

@Raj232 , are you getting a buy signal in CEs in your system ?

 

[Raj232]

@Raj232 , are you getting a buy signal in CEs in your system ?

Yes, got a BUY signal .. but it seems it has already moved up. So will not buy now.

 

[timepass]

Yes, got a BUY signal .. but it seems it is not a strong one..
There will be another BUY in some time.. which is likely to be be a stronger signal.. but before that I think it should touch 23500 or below maybe 23400... on Banknifty

Yeah, looks sideways with narrowing bands.

 

[Raj232]

Yeah, looks sideways with narrowing bands.

Yes, on second thoughts, upmove might come anytime now

 

[timepass]

Yes, on second thoughts, upmove might come anytime now

Contrarily, I think that 23456 spot will come before it thinks of 23828

 

[timepass]

Yes, got a BUY signal .. but it seems it is not a strong one..
There will be another BUY in some time.. which is likely to be be a stronger signal.. but before that I think it should touch 23500 or below maybe 23400... on Banknifty

@Raj232 , how do you know if the signal is strong or not ?

 

[timepass]

MNREGA for the cities ??

Indian govt plans extending world’s biggest jobs program to cities
2 min read . Updated: 02 Sep 2020, 09:13 AM ISTBloomberg

• More than 121 million people lost jobs in April, pushing the unemployment rate to a record 23%
• An urban version of the plan will soften the blow on citizens most affected by the coronavirus fallout

https://www.livemint.com/politics/p...st-jobs-program-to-cities-11599017557157.html

Let us enrol with "day trading" as a skill

 

[timepass]

India faces dwindling policy options after record GDP slump
3 min read . Updated: 02 Sep 2020, 05:25 AM ISTBloomberg

• When it comes to conventional monetary policy, there’s limited scope to do more
• The economic damage now caused by the coronavirus pandemic will last well beyond the current outbreak

https://www.livemint.com/politics/p...ns-after-record-gdp-slump-11599003849506.html

I'm sure that the government will come up with some good plans. Narendra Modi was admired as a "reconstruction specialist" after the 2001 earthquake.

But the above author is entitled to his opinion.

 

[timepass]

Maybe this is the reason TaMo saw a good upside today.

Nexon XM(S) variant with sunroof, auto headlights, launched at ₹8.36 lakh
1 min read . Updated: 02 Sep 2020, 09:51 AM ISTHT Auto Desk

• Tata Nexon is looking at offering more features in lower variants to appeal to a wider customer base.

https://auto.hindustantimes.com/aut...-launched-at-rs-8-36-lakh-41599018534639.html