General Trading Chat

pratapvb

Well-Known Member
From a psychological perspective, tomorrow might be a sell-off because of the long weekend. Players might want to get out to avoid any risk and re-enter on Tuesday.

What say?
it could be short covering also depending on what mkt does tomorrow
 

Fundootrader

Well-Known Member
VIX is down 5% and so is IV for even put's now - seems more upside left for now
 

wisp

Well-Known Member
Last 3 days people looking for resistances, level from the market will reverse...living in denial,buying puts, shorting and getting stopped out more intelligent variety calling tops made in every 20 points dip and the market continues putting up 80-100 points every day....

Traders who just followed the markets in downmove and now upmove are making money.For them there is no need to understand why it is going up, how far it will go ,when it will reverse etc

Smart_trade

Da,
I think one of the reasons may be because price has been moving through a 20 point channel for the past two days..

 
RBI should hire Helicopter Ben . Rajan is no good.He's an IMF agent appointed by Congress to always find faults with Modi Sarkar.
Why make-do with an agent , why not hire the master himself or best is bring back Mr Reddy.
 

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