General Trading Chat

[pannet1]

Dow is up nearly 300 points, energy stocks are lifting market there.
Crude, again did fresh upside breakout, H4 chart and the upside move is getting momentum there.
But, it's might be pretty bad news for the Indian market.

State Bank of India (SBI) is slated to release its quarterly results on Tuesday.

somewhere i read, very recently

rising USD
rising CRUDE
rising GOLD

is very bad for our indian stock market.

this is very different because atleast one will be in the opposite direction.

 

[headstrong007]

somewhere i read, very recently

rising USD
rising CRUDE
rising GOLD

is very bad for our indian stock market.

this is very different because atleast one will be in the opposite direction.

Add two more 'rising' along with that @near term,
Rising INFLATION.
And rising INTEREST RATES by RBI.

 

[vikas2131]

somewhere i read, very recently

rising USD
rising CRUDE
rising GOLD

is very bad for our indian stock market.

this is very different because atleast one will be in the opposite direction.

Gold and USD has inverse relation so both of these dn't rise together normally

Actually it is Rising USD + Rising CRUDE + Rising BOND YIELDS = Disaster for EM( Just not India)

No substantial cool off in these, Expect recession in 2019

 

[vikas2131]

 

[ca_krishna]

At what time sbi results are coming today?

 

[Smart_trade]

Bajaj Finance and Bajaj Finserve both making lifetime highs.....

Smart_trade

 

[timepass]

choppy.... choppy.... chopped

 

[vivektrader]

Bajaj Finance and Bajaj Finserve both making lifetime highs.....

Smart_trade

Sir, I compared both types of data, based on that I feel the adjusted data works better, a middle ground can be that, only when the setup appears in both LTP and adjusted data, that a count should be proceeded with on adjusted data and trade taken.
This takes care of lot of problems when one follows either one entirely.

 

[Pradeep Narayan]

Reading this:

JUST ONE THING
Twelve of the World’s Best Investors Reveal
the One Strategy You Can’t Overlook
JOHN MAULDIN, Editor
JOHN WILEY

 

[travi]

Sir, I compared both types of data, based on that I feel the adjusted data works better, a middle ground can be that, only when the setup appears in both LTP and adjusted data, that a count should be proceeded with on adjusted data and trade taken.
This takes care of lot of problems when one follows either one entirely.

You have saved a lot of time for a many people

Regarding adjusted data, my belief got reinforced which is a big relief. Even I was pondering over that in the last few days.
Still not over we'll continue in forward tests.

Most of the time LTP & Close will be very near each other and therefore adj. close maybe trusted fairly easily but checking both each time may be tedious.
Hope to get more on this over the weekend.