no one going to earn even single rupee day trading

[rajputz]

waiting as always abhi...anyways...welcome back

 

[abhiwhy]

Dear abhi,
Can u pls. suggest me any good broker with whom to work as sub-broker.
My consider is - (1). Best infrastructure / speed (2). Live quotes / charts / comparative tables (3). Market reputation.

your's -
abhishek

there are several but better to go with brand names so that people could recognise it easily it should not be alpha & beta broking limited or eastward broking and investments ltd. so that people are asking u , i have hear this name for first time .

better go with brand names .

almost all broker offer similar packages as

1) partnership basis : ( 60% vs 40% or 70% vs 30% )
if u are using ur own infrastructure then u will get 60- 70 % of revenue( brokerage) and if u are using their infrastructure then u will get 30-40% of brokerage.

2) turnover plan : in this case u will need to pay any specific amount for a fixed turnover suppose (500-1000) per crore (intraday & derivative )
and( 5000-10000) per crore delivery of turnover , think which is more suitable for u and go on .

talk to leading brokerage farms and use bargaining here also and get maximum benefits .

go with india infoline ,religare , indiabulls etc.

 

[Raghavacc]

IT was the major looser with tcs -3% down leading them....lets c future of banking..... :d

Market is like a bicycle stand. One falls - Others will follow.:yahoo:

Regards
Raghav

 

[Raghavacc]

Hi Abhi,

Welcome back and my best wishes go to you for the new year.

Coming to market I remember some veteran saying in some other thread "trade only when the market is bursting like corn with cracking sound in the popcorn machine we see in the mall".With last quarters results coming out from 3rd week of Jan followed by Budget next month can we expect that bursting?

Isn't that a clear divergence?

Regards
Raghav

 

[rajputz]

Market is like a bicycle stand. One falls - Others will follow.:yahoo:

Regards
Raghav

Some times different sectors work opposite of each other and that is the reason NIFTY and SENSEX are rangebound.....

on Friday Infosys (tech) HDFC (Financials) were major loosers with Reality DLF +4%

On 5th January - Metals "Hindalco"+7% Infra Jaiprakash +6% while auto was Down with Maruti -2%

simmilar examples are always there....not all the sectors work togather.....

 

[rajputz]

Hi Abhi,

Welcome back and my best wishes go to you for the new year.

Coming to market I remember some veteran saying in some other thread "trade only when the market is bursting like corn with cracking sound in the popcorn machine we see in the mall".With last quarters results coming out from 3rd week of Jan followed by Budget next month can we expect that bursting?

Isn't that a clear divergence?

Regards
Raghav

Divergence is price action measured in relationship to various indicators ie., MACD, CCI, RSI, Stochastic and others or in relationship to another instrument or measure of the market like Tick.

if it is a divergence then we should expect the down bar, with high spread and high volume. if it occurs then it shows the nifty is going down. that means the supply has dominated the market. but if we see low volumes and narrow spread bar then it can move up.

 

[Raghavacc]

Some times different sectors work opposite of each other and that is the reason NIFTY and SENSEX are rangebound.....

on Friday Infosys (tech) HDFC (Financials) were major loosers with Reality DLF +4%

On 5th January - Metals "Hindalco"+7% Infra Jaiprakash +6% while auto was Down with Maruti -2%

simmilar examples are always there....not all the sectors work togather.....

In a rangebound market its natural that few go up and few down. Once the direction is found the sentiment will rule over all other factors.

I mean when market as overall falls there will hardly be any exceptions though the amount of fall may be different.

Regards
Raghav

 

[Raghavacc]

Divergence is price action measured in relationship to various indicators ie., MACD, CCI, RSI, Stochastic and others or in relationship to another instrument or measure of the market like Tick.

if it is a divergence then we should expect the down bar, with high spread and high volume. if it occurs then it shows the nifty is going down. that means the supply has dominated the market. but if we see low volumes and narrow spread bar then it can move up.

Yes bro - I was just talking from the perspective of Price and volume which is ruler of the market and my query was whether it is an indication of down movement or an accumulation as we don't have any spreads for a while which shows we don't have any great selling pressure from Smart Money and the last spread was at 5000 where we had big volume which should act as support.Though we play as it comes its just for understanding the background.

Regards
Raghav

 

[rajputz]

Yes bro - I was just talking from the perspective of Price and volume which is ruler of the market and my query was whether it is an indication of down movement or an accumulation as we don't have any spreads for a while which shows we don't have any great selling pressure from Smart Money and the last spread was at 5000 where we had big volume which should act as support.Though we play as it comes its just for understanding the background.

Regards
Raghav

I dont think its a selling pressure yrt....i think its just accumulation....i studied soome charts yesterday and most of them are giving sell signals...but need to confirm yet

 

[rajputz]

In a rangebound market its natural that few go up and few down. Once the direction is found the sentiment will rule over all other factors.

I mean when market as overall falls there will hardly be any excpeptions though the amount of fall may be different.

Regards
Raghav

In a range boundmarket also the whole market falls only if there is a major reversal...but in yes...there waa mo major selling pressure and at that time varoous sectors behave differently...if..if sentiment was down then there wis always a sudden crash rather then range bound market...