General Trading Chat

[pparesh25]

Must be related to crude drop

A good picture is worth a hundred words in the stock market. It has already formed a dead cat bounce pattern in early May, which is a sell signal, and currently trading below the trend line and 200 dma confirms a bearish trend, so there is no question of holding

 

[timepass]

View attachment 49384
A good picture is worth a hundred words in the stock market. It has already formed a dead cat bounce pattern in early May, which is a sell signal, and currently trading below the trend line and 200 dma confirms a bearish trend, so there is no question of holding

Is there a case of accumulating for a longer term ? It is a good scrip to hold.

 

[travi]

Is there a case of accumulating for a longer term ? It is a good scrip to hold.

TP bhai, cyclicals and commodities have very peculiar patterns. One needs far better timing then typical growth stocks so i'd wait till max pain.

 

[timepass]

Banknifty futures : open = low = 43313

Freak trade ??

 

[travi]

Banknifty futures : open = low = 43313

View attachment 49387

Freak trade ??

yes, same on couple of broker charts

 

[timepass]

"Rolling Recession" ?? Isn't that a normal business cycle ?

Why the economy might be in a 'rolling recession'

https://finance.yahoo.com/news/why-the-economy-might-be-in-a-rolling-recession-190529006.html

 

[timepass]

Banknifty call and put : both end up losers today

 

[timepass]

TV News :
Thursday will be a trading holiday due to Bakri Id. The expiry will now be tomorrow.

 

[tradermodified]

yes.
NSE circular

 

[Pradeep Narayan]

Strange timing of this announcement. Are we in for some surprises on Friday?