General Trading Chat

[tradermodified]

N50

Though N50 is not moving well but it seems that by eod should move to 25100/150

ltp 24956

did only 25060

 

[Nish]

Bulls refused to go up by lift !

So doing only intra stock trades - mostly bullish bets on realty and metals - and are fruitful !

 

[tradermodified]

BN

On crossing and staying above 52000
BN to move for 52200/52400

ltp 51906

atlast
52200 done !!!

 

[timepass]

Looks like 2 small shoulders for a big head

 

[Nish]

N:

Can this be posible as shown in the chart ?

View strictly for STUDY PURPOSE !

 

[tradermodified]

Yes

a bounce to 25200/250 possible in next 3-4 sessions.

24500 is last hope for bulls.
Breaching and staying below 24500 wont be good for bulls.


ltp 24854

 

[timepass]

Must be a mock trading session, but still it is a good thought.

 

[timepass]

Our government has the debt situation control, but still, this is something to keep in mind.

US Interest Burden Hits 28-Year High, Escalating Political Risk

https://finance.yahoo.com/news/us-interest-burden-hits-28-121500054.html

 

[travi]

And the burden of lot size jack up in index derivatives

 

[timepass]

And the burden of lot size jack up in index derivatives

Apparently that won't be much. Banknifty goes to 30 from 15, and nifty goes to (?)75.

I think a lot of recalculation will be needed for the MONTHLY factor. Banknifty, the near par option used to be about Rs. 400, now that may go up to Rs. 1400. Deciding the strike will become difficult.