General Trading Chat

[tradermodified]

BN

51700 done yesterday.
High was 51878
Now on staying above 51700 to move for 52200/500 levels
Though a possibility of some dip is also there.

ltp 51709

Though BN did an high of 51994 but fell thereafter.
Now it seems that if BN fails to move up, then may drop to 51800/750/700 levels

However, IMO overall picture does not seem to be bearish.

ltp 51896

BN
Did an high of 52193 and fell
Now should stay above 52000 to move up for 52200/400 levels, else may drop more, may be to 51800/750 levels

ltp 52058

 

[tradermodified]

BN

Did an high of 52203
Now should move for 52400

ltp 52159

 

[timepass]

The 163-year-old company that built the Titanic says it is insolvent

https://finance.yahoo.com/news/company-built-titanic-says-insolvent-141348576.html

The titanic sunk more than 100 years ago, but the company sinks now

 

[timepass]

Banknifty puts are already at a discount (weekly), the calls have some premium.

I wonder if tomorrow too will end up green for Banknifty.

Our market seem to be going long in Fed decision late tomorrow, effect in our markets on Thursday. I think that a 0.50% will make it boom, 025% will be ok ok (not negative is positive), <0.25% will be red, maybe deep red.

 

[timepass]

Hello Guys,

Does anyone know what is DailyZip in MF SIP ??

Saw it in MFcentral.

 

[timepass]

Good news for Banknifty tomorrow :

India's wholesale inflation eases to 1.31% in August as fuel prices turn negative

https://economictimes.indiatimes.co...-in-august/articleshow/113414462.cms?from=mdr

But bad news for BN option traders Lower vix means hell to play, basically no play.

 

[tradermodified]

BN

Did an high of 52203
Now should move for 52400

ltp 52159

Did an high of 52445
Now should move for 52750/800 on staying above 52400

ltp 52426

 

[tradermodified]

Did an high of 52445
Now should move for 52750/800 on staying above 52400

ltp 52426

BN

Did an high of 52741
Now waiting,
to cross and stay above 52800 for some good up move

ltp 52690

 

[timepass]

Banknifty is unstoppable. Can't enter the options at any point because no one knows when a deep slide will come from here. For the index, a 400 pts down will be a normal move, but the options will get wiped out. If you didn't trade in the first 15 min, then it is nothing.

Staying out so far.

 

[tradermodified]

BN

Did an high of 52954.20
May take some time to cross 53000, a BBRN

ltp 52884