General Trading Chat

vijkris

Learner and Follower
Joined
Mar 4, 2013
Messages
3,861
Likes
8,375
Location
hyderabad
Will there be revenue loss to Full Service Banks ?

Paytm to offer payment banks facility

As per RBI guidelines, your Paytm Wallet will soon be transferred to the newly incorporated Paytm Payments Bank. Till now they were issued by One97 Communications Limited. This will happen automatically, and Paytm users do not need to do anything additional. Our customers will continue to use all the services provided by the Paytm Wallet, and enjoy all the benefits . Your Paytm wallet will work as it is, even after 15th January. Log in details, wallet balance and user experience will remain the same. Your Paytm Wallet experience will remain the same for all current use cases such as paying at stores, paying for Uber rides, ticketing, fuel, etc.

Not just that, Paytm Payments Bank will also soon bring additional benefits such as a bank account, chequebook and a debit card. You will also earn interest on the money available in your account.
Paytm Payments Bank Limited (PPBL) is 51% owned by Vijay Shekhar Sharma & 49% ownership is with One97 Communications Ltd. Paytm Payments Bank is a truly Indian company owned & operated by Indians.

Please note : There are some rumors circulating that you will not be able to use the Paytm Wallet after 15th January! Nothing could be farther from the truth. On the contrary, Paytm Wallet users will soon enjoy additional benefits through Paytm Payments Bank Account.
https://paytm.com/offer/wallet-all-set-to-become-more-powerful/
 

traderniftybull

Well-Known Member
Joined
Nov 8, 2016
Messages
6,306
Likes
7,013
NF

To open gap up and to reach 8300, around open/in few minutes after open.
and
If managed to sustain/trade above the low (whatever low, of the opening 1 min bar) then will move around 8333 as well.


BNF

If sustains/trades above 18300, then will look for 75/100 points move
and continuing the move, I wont be surprised, if BNF also touches 18444

LTP 18317


My views only !!!!!!!!!!
Yesterday was a frustrating day :mad:

But BNF achieved 18444 (HOD 18457) taday, a day later. :D
Though NF still hovering below 8300. :lol:
 

traderniftybull

Well-Known Member
Joined
Nov 8, 2016
Messages
6,306
Likes
7,013
NF

In all likely, NF will open gap up and if manages to trade above 8300 then likely to touch around 8333. After if manages to trade and sustain above 8333, then may see a new high of 8383+, in this week.

Further, if somehow, unable to stay above 8300 (may be after gap up open OR after touching around 8333), then a dip of 50/100 points is possible.

So, 8300 and 8333 are numbers to be watched out for further movement.

My view only !!!!!!!!!!
 

traderniftybull

Well-Known Member
Joined
Nov 8, 2016
Messages
6,306
Likes
7,013
BNF

In all likely, BNF will open gap up and if manages to trade above 18488 then likely to touch around 18555.

Must hold 18422 to remain up

My view only !!!!!!!!!!
 

traderniftybull

Well-Known Member
Joined
Nov 8, 2016
Messages
6,306
Likes
7,013
BNF

In all likely, BNF will open gap up and if manages to trade above 18488 then likely to touch around 18555.

Must hold 18422 to remain up

My view only !!!!!!!!!!
wow !!!!!!!!
18555 achieved at open itself

Now, holding low of 5 min bar, will look for 18600+
 

bpr

Well-Known Member
Joined
Dec 24, 2009
Messages
2,238
Likes
3,830
Sir,
Today I entered short in Tatasteel after completion of TD countdown 13, on hourly, after a candle closed below open (post CD 13).
But as the trade didn't move in my favour, I exited at close of market.
Is that the right thing to do i.e. the principles of usual swing trade management would apply (as it didn't move my way at close of entry day) or one should continue to hold till SL hits?

Vivek
You wanted to short Tatasteel at ~420 ...now check ...
:D:D
 

wisp

Well-Known Member
Joined
Jul 19, 2012
Messages
2,417
Likes
3,727
NF

In all likely, NF will open gap up and if manages to trade above 8300 then likely to touch around 8333. After if manages to trade and sustain above 8333, then may see a new high of 8383+, in this week.

Further, if somehow, unable to stay above 8300 (may be after gap up open OR after touching around 8333), then a dip of 50/100 points is possible.

So, 8300 and 8333 are numbers to be watched out for further movement.

My view only !!!!!!!!!!
Open was 8335, how did you do that??
 

Similar threads

Broker Special Offers