General Trading Chat

[tradermodified]

N50

On crossing and staying above 22750/800 zone to up move for 100/200/500+ points

ltp 22742

 

[timepass]

now 30pt disc

There's some Fed meeting in the next 2-3 days.

 

[tradermodified]

Tomorrow (1.5.24) is market holiday
So trade accordingly.

 

[tradermodified]

did an high of 48980
ltp 48976

Now if crosses and stays above 49000,
then a good up move of 500/700 or may be 900+ points likely

but seems difficult to stay above 49000 without a fall.
ltp 49021

900+ points done

ltp 49971

 

[tradermodified]

BN

at ATH

50000 is a BBRN
so trade carefully

if manages to cross and stay above 50000/100 zone then will up move for 500/1000+ points
else may fall 200/500 or more points, to say the least

ltp 49945

 

[tradermodified]

BN
Fallen more than 600 pts.

ltp 49341

 

[tradermodified]

N50

On crossing and staying above 22750/800 zone to up move for 100/200/500+ points

ltp 22742

Failed to cross 22750/800 zone and fell

 

[timepass]

Looks like a gravestone doji in Banknifty. But could be a bullish "on neck" pattern, with RSI and ADX supporting it.

 

[timepass]

Food for thought.

Asana CEO calls Tesla the next Enron and says Elon Musk has misled customers

https://finance.yahoo.com/news/asana-ceo-calls-tesla-next-181249269.html

 

[tradermodified]

BN

Till BN does not cross and stay above 49500, it seems to be bearish.
An upmove (till as said above) may be a trap (for a good fall)
If fall continues, (may be after a rise), then we may see 48000 levels or even lower levels.

ltp 49397