The Nifty Trading Lounge

[Taurus1]

One done today ....

Not worth trading .......... there is a high on the 27th.

Highs and lows coming so close together is a signal to keep out.

 

[TraderRavi]

There are 2 lows coming on the 26th and 28th both +/-1 day.

Safe shorts must exit by the 26th latest.

Not worth trading .......... there is a high on the 27th.

Highs and lows coming so close together is a signal to keep out.

so your first low is today......then high tomorrow and again low on budget day........

 

[Taurus1]

so your first low is today......then high tomorrow and again low on budget day........

Too many highs and lows coming together is a sign of high volat, 3 consecutive days of high/low leaves no room for error, even +/-1.

Global market showing deep cracks, India will follow with or without budget.

 

[Taurus1]

Until the budget is over, they will hold it near the edge of the cliff.

Helps to keep everyone guessing.

 

[Arsh]

"The Sensex falls 0.72 percent, while the Nifty is also down 0.73 percent. Rate sensitive stocks fall as traders lighten positions ahead of the budget and expiry of February derivative contracts on February 28"

 

[Taurus1]

Cac 2.6% down

 

[Taurus1]

Dax -2%, Ftse -1.5%

 

[timepass]

Looks like the only upside seen is in your weekend cartoons

 

[Taurus1]

Bunch of chors doing timepass for premium.

Shorts closed and instructed the broker to short below 5820

 

[MurAtt]

Looks like the only upside seen is in your weekend cartoons

:rofl: