The Nifty Trading Lounge

[Taurus1]

Office can wait half an hour for me today.

Nifty bottom on 31/3, +/- 1 day

IamhousefullDlfcallsandSuzlon

 

[Taurus1]

Posted on 28th Feb, only 38 days in advance

The final top for the Indian market this year is on the 7th April, +/- 2 days.

Putting this down here for reference later.

Top at 12:15, +/- 2H

A bit disappointing as I expected a much higher high than this, but this also works for me

 

[TraderRavi]

top on 6th or 7th ?

 

[Taurus1]

top on 6th or 7th ?

Today.........

 

[Taurus1]

Yesterday I got in at 8625 with a 20 pt stop. Got out at 8645............

Today, same short ............. same stop ....... at the same price....... if I get a chance.

A long call was issued by unknown performance "experts"

Minor dip likely, but time ripe to enter Dalal Street, feel experts
http://economictimes.indiatimes.com...-street-feel-experts/articleshow/46739064.cms

And most important
100 FIIs get tax notices for $6bn, say it's retrospective

http://timesofindia.indiatimes.com/...ay-its-retrospective/articleshow/46817665.cms

 

[Taurus1]

Today, same short ............. same stop ....... at the same price....... if I get a chance.

2 trades, both stopped out. The last reversal was due to Rajan on tv asking the banks to cut rates. Seems SBI and HDFC have already done so.
Asian markets are floating higher every day with the Hang seng and Shanghai at new highs.

Hedge Fund Legend Julian Robertson Warns Of A "Complete Explosion" Unless Fed Contains "Boiling, Bubble" Market
http://www.zerohedge.com/news/2015-...s-complete-explosion-unless-fed-contains-boil

Despite western sanctions and low oil prices Russia is the only one with brains.

Russia rules out joining the QE gang

http://www.cnbc.com/id/102565192?__...adline|headline|story&par=yahoo&doc=102565192

 

[suhel07]

Hi All this is my first post.
Actually I started doing trading just few months before and made some profits. I do trading on HDFC platform and in that it shows as realized profit/loss. Well my query is as follow
1. The realized profit/loss they show it is after taking brokerage into account or without?
2. How can I check my actual profit excluding brokerage?
3. Is stop loss orders can be placed only for Intra day??

 

[Verde]

Hi All this is my first post.
Actually I started doing trading just few months before and made some profits. I do trading on HDFC platform and in that it shows as realized profit/loss. Well my query is as follow
1. The realized profit/loss they show it is after taking brokerage into account or without?
2. How can I check my actual profit excluding brokerage?
3. Is stop loss orders can be placed only for Intra day??

Ask in the Brokers section.

 

[Taurus1]

The final top for US and European markets this year is on the 26th April, +/- 2 days

The final top for the Indian market this year is on the 7th April, +/- 2 days.

Putting this down here for reference later.

In November, I made a top forecast for January.......... the top came 1 day early and a few days later was followed by an out of the blue rate cut........... at 8AM in the morning.

This Nifty top became a continuation with lots of help from an "unofficial" rate cut.

The biggest hurdle for all is on the 26th and only something drastic will stop it this time.

Major upmove coming with Infy leading the field,

 

[Taurus1]

The biggest hurdle for all is on the 26th and only something drastic will stop it this time.

Major upmove coming with Infy leading the field,

Yesterday in the morning, I closed 2 positions......... both didn't move much, and I was lucky to get out before the 100 pt drop.

The Nifty is in bad shape...... despite all the pampering and rate cuts, banks are ready to drop.

I have decided to wait for the downmove.

The headlines in the news are so ridiculous, it makes me wonder when the global bubble is going to pop.

Citi Economist Says It Might Be Time to Abolish Cash

http://www.bloomberg.com/news/artic...onomist-says-it-might-be-time-to-abolish-cash

Time to move to Europe and get paid interest to take a loan

Wall Street Journal article
Tumbling Interest Rates in Europe Leaves Some Banks Owing Money on Loans to Borrowers
http://www.wsj.com/articles/as-inte...may-have-to-pay-borrowers-1428939338?mod=e2tw