General Trading Chat

Banknifty : 3 times she knocks in 42800-850 region. Another waterfall ? I don't know, happy to sit out now.

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PS : "3 times it knocks" reminds me of Indiana Jones and the Crystal Skull :D
 
Bounce in a day or two?
Maybe a dead cat bounce. Everything looks oversold.

:DD 3 knocks mein tho knock out ho jata h banda
A teaser below that level, then close around it. Bodhisatva position. The monthly shorts would like to cover it up tomorrow.
Nifty 200 sma is around 18600 at present. Won't be surprised if it is touched in Nov.
 

Nish

Well-Known Member
May be better , if Nfty fill the gaps around 18830 and 17127 on the daily chart !
So , millenials may get some first hand experience of the 2008 drastic fall !
:)

But some small bounce back may be due - at least some TV experts say so !

Personally , believe only 4Hr/ 1Hr / 15 min ( all at the same time ) , brkout / brkdown above or below 60 or 40 RSI levels for intra trades / or over-night trades !

N.B. : Bottom fishing is always dangerous !
 
May be better , if Nfty fill the gaps around 18830 and 17127 on the daily chart !
So , millenials may get some first hand experience of the 2008 drastic fall !
:)

But some small bounce back may be due - at least some TV experts say so !

Personally , believe only 4Hr/ 1Hr / 15 min ( all at the same time ) , brkout / brkdown above or below 60 or 40 RSI levels for intra trades / or over-night trades !

N.B. : Bottom fishing is always dangerous !
How about 2009 election gap up :D
 

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