The Nifty Trading Lounge

[Taurus1]

Very low volatility month from July 4th/5th till August 5th.

 

[timepass]

Very low volatility month from July 4th/5th till August 5th.

Great for the scalpers

 

[MurAtt]

Great for the scalpers

Bias ..... Bias ..... Bias .....


Remove the bias and u get a totally different meanin to the statement ....

 

[timepass]

Bias ..... Bias ..... Bias .....


Remove the bias and u get a totally different meanin to the statement ....

Don't know about bias

Know a bit about scalping.. whichever way it goes, 15 points after expenses is the target (options only).

Of course, low vix may imply upside. BTW, today's ATR was 38.xx. Doesn't matter, 15 pts matter

 

[LivetoTrade]

IMF cuts US growth forecast, warns against 'fiscal cliff'

http://timesofindia.indiatimes.com/...against-fiscal-cliff/articleshow/14650143.cms

 

[Arsh]

The BSE Sensex rises 0.2 percent, led by gains in rate sensitive stocks. Tata Motors (TAMO.NS) rose 1.2 percent, while Maruti Suzuki India (MRTI.NS) rose 1.9 percent.:clap:

http://in.reuters.com/article/2012/07/04/bse-sensex-sbi-hdfc-tata-maruti-idINDEE86302B20120704

 

[Arsh]

India's services sector in June expanded for the eighth straight month although at a slower clip, but new orders picked up and firms hired workers at the fastest pace in a year

Sagging demand from India's major trading partners abroad - the United States, the euro zone and Britain - dented hopes for the future among Indian companies in June.

http://in.reuters.com/article/2012/07/04/india-economy-pmi-services-idINDEE86302E20120704

 

[Arsh]

Kahan hain sab bhai log! No activity since last 2 days:annoyed:

 

[MurAtt]

Abhi Independence Day to Independce Day, Obamaji ne chhutti de di hai :rofl:

 

[LivetoTrade]

LOL Arsh, this is now a weekend comic lounge