General Trading Chat

[Nish]

BN posible move as per CHART ???

View strictly for STUDY PURPOSE !

 

[Nish]

N50

Seems for some big up moves.
On staying above 25200 for 25350/25500 (most likely in 2-4 sessions)
and
On staying above 25000 for 26000/26200 levels in due course of time.

Only exception Geo political situation.

ltp 25247

May be N 27500 on the cards , in coming few weeks - with some small hicupps ?
Just a thought !

 

[Nish]

A good read

We’re heading for a $950 billion CD ‘maturity tsunami’ — what’s your next move?
https://finance.yahoo.com/news/heading-950-billion-cd-maturity-160100619.html

All is posible in current year's volatilty and lotta of liquidity worldwide !
Everyone is interested in helicopter money - now-a-days , I guess !

 

[tradermodified]

BN

On crossing and staying above 51500 to move for 51750/800 levels

ltp 51390

 

[timepass]

CNBC Awaaz said "The market is in the grip of option writers".

Seems right. Option buying is a big headache these days.

 

[tradermodified]

BN

On crossing and staying above 51500 to move for 51750/800 levels

ltp 51390

BN
51750 done

 

[Anurag N]

The breakout of 29th Aug on Nifty 50 holds good as of now. In general, prices come back for a test within 2-3 bars of the breakout. It has been 3 days already and price is hanging strongly near all time high which shows strength. If it hangs for 3 more days (or more) and then come for a retest, the probability of regeneration would be extremely high (~92%).

 

[Nish]

Personally , no shorting thoughts, as long as, N is abv 25020 , which may be its Sup Zone !

 

[Nish]

CNBC Awaaz said "The market is in the grip of option writers".

Seems right. Option buying is a big headache these days.

For intra trades, 9:20 AM to 10:20 AM and 2:50 pm to 3:20 PM looks good in indices, which was not in previous months , I guess !

 

[tradermodified]

N50

Seems for some big up moves.
On staying above 25200 for 25350/25500 (most likely in 2-4 sessions)
and
On staying above 25000 for 26000/26200 levels in due course of time.

Only exception Geo political situation.

ltp 25247

N50 did an high of 25333 yesterday and then fell down.
Now
IMO 25200 may be a tough (hmmm not tough but difficult) level to cross.
But if by any means crosses and stays above 25200 easily, then will again move to higher levels.

ltp 25127