General Trading Chat

[travi]

What does your TD system indicate - high level (Daily) trend wise?

BN flipped bear yest, but NS is bar #7 bull. bcos of this trading is hard

NS will remain bullish above 21850-700 but BN needs 46100-300 for bull.

 

[tradermodified]

N50

IMO
A bigger fall may be expected to the tune of around 19000 level.
But when is the million dollar question.

 

[tradermodified]

BN

on staying above 46000 will move for 46400/46500 levels

ltp 45828

 

[travi]

Mar gaya bank

 

[Nish]

My views also. Same to same.

BN

on staying above 45700 will move for 45900/46000 levels else on staying below 45700 may drop to 45400/300 levels

ltp 45740

For me personally , BN STRONG S and R lvls are:

45400 and 46580 exactly !

But as usual eventually in coming days , hoping for a BrkOut towards 47650 +/- , I guess !

Not a reco, just a thought !
Pl do your own study with a proper SL !

 

[timepass]

For me personally , BN STRONG S and R lvls are:

45400 and 46580 exactly !

But as usual eventually in coming days , hoping for a BrkOut towards 47650 +/- , I guess !

Not a reco, just a thought !
Pl do your own study with a proper SL !

Yeah. RBI policy tomorrow.

 

[travi]

11th day of red-green alternating pattern in nifty daily

 

[timepass]

A problem today with Banknifty is, again, the CEs are running at a discount Can't really trust the screen with the indicators.

 

[Raj232]

A problem today with Banknifty is, again, the CEs are running at a discount Can't really trust the screen with the indicators.

what exactly is this discount, and compared to spot or fut levels ? Is there an example / screenshot that you can share .. ?

 

[PreSap]

BN flipped bear yest, but NS is bar #7 bull. bcos of this trading is hard

NS will remain bullish above 21850-700 but BN needs 46100-300 for bull.

If I understood you correctly, today EOD is also similar scenario? NS is bar #8 bull, and BN is still bearish - not sure if the count is 2 or 1. Please correct me if I am wrong