General Trading Chat

[godfather]

Of course it is an inside candle (engulfed candle), but it is a hanging man, unlike those shown in the examples. Hence I could not name it.

Ok, we will call it Inside Hanging Man...

 

[timepass]

Banknifty has a range of 140 points so far, its options have a range of about 100 points.

Looks like it is option traders' expiry today

 

[timepass]

GAIL is once again in its resistance zone of 110-115. Let's see if it gets crossed significantly.

What factors affect the price of this stock ?

 

[timepass]

Sharekhan TT shows Banknifty spot having a high of 46369.5

Are you getting the same in your softwares ? Kite and other softwares are showing 46148

 

[timepass]

Anyway, Banknifty seems to be fiddling with a support, a breach could cause 200 pts downslide

 

[timepass]

Anyway, Banknifty seems to be fiddling with a support, a breach could cause 200 pts downslide

View attachment 49495

Broken, yes. But not yet significantly broken. Let's see what next.

 

[Smart_trade]

Asian Paints is facing a resistance at its previous high...but charts indicate it is likely to make a new high soon and trade higher....on lower side it goes to Rs 2700 and on higher side to Rs 3550......good range one gets in a year...

 

[timepass]

Look at the second last candle marked as Tweezer Top (TT) by Tradingview.

I was under the impression that TT candles needed to be both WRB

 

[timepass]

This news should have a positive impact on the markets soon.

Morgan Stanley upgrades India's rating to overweight, downgrades China
https://www.business-standard.com/e...erweight-downgrades-china-123080300116_1.html

 

[timepass]

The market correction strategy says that the index should touch 100 ema once in 6 months. Let's see.