General Trading Chat

vijkris

Learner and Follower
Will there be revenue loss to Full Service Banks ?

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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:
 
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 !!!!!!!!!!
 

bpr

Well-Known Member
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
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??
 

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