General Trading Chat

Ab acchhe mauke aa rahein hain khariddari karne ke...:thumb:

Translation : Now we are getting good opportunity to buy.

Such corrections never end in just 1 day...the positions abhi baaki hain.This correction was anyway overdue ,wasn't it .?

Smart_trade

Also power of 9.

Vivek

In the end looks like its about convictions and money has to be left in the table.. :annoyed::annoyed:

Yup overextended..we had 1000 move in bank nifty..correction to banta ha uske baad...only thing worth seeing would be whether it is time correction or points correction

9500 call chart

sir how can we call the top at 54 55 rs like it happened today what are the signs as you see it , please share the ways you will see charts , even the indicators as you will see it

regards

Looks like BNF weekly open=close or somewhere near that.

mazza aa gaya aaj bhi...Dal badal sahi hai Bears<---->Bulls karte raho yeh better hai

Kisi din dono le lenge ... new party banani paregi lagta hai diplomat ki

I had not seen 9500 call chart in the morning ...but if you see this chart, the first leg of correction was from 75 to 28 or 47 points. 0.618 of this 47 points = 29 points...add them to 28 that gives you a rough target of 56-57.So the upmove has a good chance to fail at 56-57 or nearabouts....just Fibonacchi ratio....but it worked today.

On NF chart it made 3 insidebar candles in the belly of 9:45 candle(15 min)...indicating fatigue at this level.

This is what I see from the chart...people can call it after the event analysis...

Smart_trade

Market didnt complete/continue the move
So
Gap up open likely on Monday

888/899
and
74/77

Why do u expect gap up. IMO Today nifty tried to continue bullish move but failed... So Monday should be gap down.. even open interest seems to be reducing on puts side....

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