The Nifty Trading Lounge

Taurus1

Well-Known Member
This already happened today na ?
Once more, maybe on the 30th, to test how deep the water is or is there any water left at all.
 

Taurus1

Well-Known Member
Rupee sinks to new low of 68.85, logs biggest single-day loss
http://www.deccanherald.com/content/353826/rupee-sinks-low-6885-logs.html

"There is a shortage of dollars in the market as participants are expecting the rupee to fall to 70-72 level," said Naveen Raghuvanshi, associate vice-president at Development Credit Bank. "Even corporates are not willing to sell dollars at these levels. Whatever small supply of dollars is seen today, it is coming from the nationalised banks."
Gap confirmed, gap size in question.

RBI has the bux to do a short squeeze, and it's the right time.
 

Taurus1

Well-Known Member
RBI heard me!

Next in line for a crash is oil and gold.
 

Taurus1

Well-Known Member

Taurus1

Well-Known Member
I haven't seen a 4% upmove in a day for a long time.

 

Taurus1

Well-Known Member
My longs are intact and after settlement I'll add a couple of stocks that have been hammered down.
Yesbank acceleration zone from 2nd Sept, +/-1.

Bought Yesbank and 1 more.

Hedge in place, to be removed after the position is in profit.
 

Taurus1

Well-Known Member
After 5480
 

Taurus1

Well-Known Member
For the next 5 days I have lots of free time, so lets do some time forecast daytrades.

Intraday Nifty acceleration zone from 11:25 Am .

Back at 11:20 Am.
 

Taurus1

Well-Known Member
Already 2 hours wasted in timepassing. :rofl:
Instructed the broker to buy above 5235 with 15 pt sl.
 

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