Please share best website for online live almost real-time market commentary...

#5
Nisha,

99% of the commentary is useless.
and that 1% makes the big difference while day trading..

1. finance minister comes on tv, and nifty rallies 100 points.
2. IIP data comes and market rallies 100-150 points.
3. Inflation Data comes and market crashes 200 points.

4. Advance/Declines ratio - helps to understand the direction of the market.
5. Sectors wise movement - also helps for a intraday trade.
6. Asian markets give morning direction upto 11-12pm.
7. European markets will make or break the indian markets by 2-3pm.
 
N

Niks

Guest
#6
and that 1% makes the big difference while day trading..

1. finance minister comes on tv, and nifty rallies 100 points.
2. IIP data comes and market rallies 100-150 points.
3. Inflation Data comes and market crashes 200 points.

4. Advance/Declines ratio - helps to understand the direction of the market.
5. Sectors wise movement - also helps for a intraday trade.
6. Asian markets give morning direction upto 11-12pm.
7. European markets will make or break the indian markets by 2-3pm.
Sad dude that you daytrade on news that too dependent on CNBC. But please do not advise others into such thing.
 

biyasc

Well-Known Member
#7
Sad dude that you daytrade on news that too dependent on CNBC. But please do not advise others into such thing.
dont be sad. if he is comfortable trading news, then he is. one can make huge money if he understand the value of the news on time. its may be not suitable for you (also not for me). but that does not mean he is not taking money from the market by trading news.
 

biyasc

Well-Known Member
#8
and that 1% makes the big difference while day trading..

1. finance minister comes on tv, and nifty rallies 100 points.
2. IIP data comes and market rallies 100-150 points.
3. Inflation Data comes and market crashes 200 points.

4. Advance/Declines ratio - helps to understand the direction of the market.
5. Sectors wise movement - also helps for a intraday trade.
6. Asian markets give morning direction upto 11-12pm.
7. European markets will make or break the indian markets by 2-3pm.
never thought/traded in this way. but after reding your post i feel happy that someone trading these news in proper way. keep it up.
 
N

Niks

Guest
#9
never thought/traded in this way. but after reding your post i feel happy that someone trading these news in proper way. keep it up.
See these news comes way ahead on Reuters/Bloomberg, and you can choose the option that it comes as a separate notification. Now any nitwit can write a program to parse the notification such that (say)
IIP data has value (x,y) buy NF 2 lots
IIP data hay value(y,z) buy NF 10 lots. Easy money?

I am in contact with a very senior trader, and these models don't work good for even institutions. I mean some people do use them but it's not as cheesy as mentioned here. It's the perception of news on the tape that matters rather than the news itself.

regards
Nikhil.
 
#10
and that 1% makes the big difference while day trading..

1. finance minister comes on tv, and nifty rallies 100 points.
2. IIP data comes and market rallies 100-150 points.
3. Inflation Data comes and market crashes 200 points.

4. Advance/Declines ratio - helps to understand the direction of the market.
5. Sectors wise movement - also helps for a intraday trade.
6. Asian markets give morning direction upto 11-12pm.
7. European markets will make or break the indian markets by 2-3pm.
excellent...rizwaan...you are correct.

regards
suba