General Trading Chat

Bears truth never takes long while nifty bulls never takes short I think hence both are opposite poles of magnet
No, its not like that
I have earned good (yeah it was max of a series, so far) during bearish trade also.
But I admit I am not that comfortable in judging a bearish trend/change in intraday trade as that of a bullish trend.
Like wise, this FEB series was one of best series in my earning.

BTW, I am now working on a new strategy that may help me in judging bearish levels also.
 

lemondew

Well-Known Member
Actually bears truth is more like cnbc anchor udayan mukherjee. Even udayan is less bearish

Other than anuj TJ traders definitely would hands down beat these anchors in both technical analysis and predictions


any1 else here feels latha continuosly reads out 9:15 nifty quotes like cricket match commentary ?

Cnbc anchors

http://www.moneycontrol.com/mccode/news/cnbc_anchors.php
 

lemondew

Well-Known Member
Good if u can judge a bullish trend. after some years many people find these trends random and difficult to judge either side trends
No, its not like that
I have earned good (yeah it was max of a series, so far) during bearish trade also.
But I admit I am not that comfortable in judging a bearish trend/change in intraday trade as that of a bullish trend.
Like wise, this FEB series was one of best series in my earning.

BTW, I am now working on a new strategy that may help me in judging bearish levels also.
 
Bank Nifty overbought? Traders know just when to exit trades

Banking stocks have recently shot up in the market as government has been making the right noises of restructuring them. Traders who are actively betting on the equity market, mine this relationship between the two indices to maximise their profits or, alternatively, to cut their losses.

Read more at: http://www.moneycontrol.com/news/ma...trades_8553601.html?utm_source=mc_news_notify
 
DJI

Did an high of 20824
and now next stop should be 20860+

IMO, should not breach 20800 again, otherwise next stop will be 20750.
Yesterday DJI did an high of 20840 to its journey towards 20860+

Today DJI opened gap down but moving up after open, once sustain above 20750 will start again for 20860/80+
If fails to stay above 20750, then will dip to 20700 :mad:
 
Porinju Velliath,a Kochi based fund manager says he expects nifty to touch 12000-13000 in next 2 years....that is lot of music to the ears....:)

Aberdeen fund is also very bullish on India.

Smart_trade
 

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