Day Trading Stocks & Futures

Since, we are talking news and effecting the markets :), here's one -- what they fail to understand is that % is a relative number. The quantum of 6,6% over a huge number would still be a big number in comparison to 8 or 9 % over a smaller base.

China says its economy grew 6.6 percent in 2018. That’s the lowest official pace in 28 years

https://www.cnbc.com/2019/01/21/chi...-economic-growth-for-fourth-quarter-year.html

Key Points
  • China on Monday announced that its official economic growth came in at 6.6 percent in 2018 — the slowest pace since 1990.
  • Full-year GDP growth was expected to come in at 6.6 percent, according to analysts polled by Reuters.
  • Fourth-quarter GDP growth matched expectations at 6.4 percent on-year from 6.5 percent in the third quarter.
 
completely agree. Question here was about long term investment and based on returns from past 10 years my personal opinion was to avoid the sector. The competition within sector is too much. India has lowest rate for phone calls and data.

That would be good news for markets.... automobile + related industry.

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True that from a long term investment point of view but I was talking from a traders' perspective (day or swing) :) on news day events its best not to trade markets unless we are all sure of the outcome.
 

XRAY27

Well-Known Member
weekly candles are getting smaller in Nifty & BN
This Series turning out to be toughest series in all three (Intra/swing/positional) o_O:mad:
 

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