General Trading Chat

[tradermodified]

N50

If fails to cross and stay above 24400, in this week
Then N50 may have a big fall
Depends on geo political issues.

ltp 24230

N50
no NR16 now.

Though crossed above 23400 but failed to stay above it and slipped.
Never mind, still in fray to move up for 300/500 points on staying above 23400.
ltp 24364

only exception, geo political issues, for a big fall.

 

[timepass]

Is there a housing bubble starting ?

$1 million starter homes are common in more than 100 towns in America, Zillow data shows

https://finance.yahoo.com/news/1-mi...s-in-america-zillow-data-shows-123042215.html

 

[tradermodified]

Is the jinn/ghost of Hindenburg rising again.

Adani Group denounces Hindenburg allegations as 'baseless,' stands firm on transparency

https://www.moneycontrol.com/news/b...ess-stands-firm-on-transparency-12792972.html

Hindenburg’s report suggested that Adani's confidence in operating without serious regulatory intervention might be linked to an alleged relationship with SEBI Chairperson Madhabi Buch.

 

[tradermodified]

N50

If breaches and stays below 24400
then may fall below 26200 levels

ltp 24405

 

[travi]

Nifty still bullish above 24300 though larger trend has bearish bias.

The bearish part is a few times like 2020 (28-feb to 05-mar), nifty formed an island pattern and then all hell broke loose on 6th day.
gap - consolidation- gap. not many bullish drivers currently.

 

[tradermodified]

N50

If breaches and stays below 24400
then may fall below 26200 levels

ltp 24405

did a low of 24403.20
and seems reversing.
but if fails to reverse then may move for 24100/050/24000 levels.

ltp 24245

 

[travi]

did a low of 24403.20
and seems reversing.
but if fails to reverse then may move for 24100/050/24000 levels.

ltp 24245

bura haal h
it seems those btfd will not be effective like last 6 months golden period

 

[tradermodified]

N50

moving in a small range
not even of 100 points
H - L so far 24,196.50 - 24,099.70


is it because of geo political effect

ltp 24160

 

[timepass]

Banknifty puts are trading at a serious discount. I wonder if a snap upmove is being set up. No more trade for me now.

 

[Ravish Sinha]

Today market close with

NIFTY 50
24,143.75+4.75 (0.020%)

BSE SENSEX
79,105.88+149.85 (0.19%)