Day Trading Stocks & Futures

[Riskyman]

PSB are very happy about 70K crore infusion and for some reason Indusind and Kotak does not care about market.

That means now they have 70k crore to blow up again. Our Banks are like a trader who keeps blowing up his account now and then and government keeps giving them money.

 

[sridhga]

why has bank nifty not fallen whereas nifty crashed?

Sometimes this divergence does happen. BNF seems to be strong now a days. Though it has given signals of plateauing or even bearish, still on the weekly charts it is bullish. All banks on BNF index are doing well except for Yes Bank. July is when some Pvt Bank results come out and they are expected to be good. So a stock specific run up could happen and this could support BNF.

 

[vikas2131]

This is exactly i was talking about in morning . this move has been for 11 days. today was 12 th. this was inevitable.

11550 is point where i think it would take support.

 

[Riskyman]

simply banks dint fall much and other stocks fell.
( i don't know why banks dint fall)

They were given some more tax payer's money to blow up. So, PSU banks happy happy.

 

[nil.nik.9777]

That means now they have 70k crore to blow up again. Our Banks are like a trader who keeps blowing up his account now and then.

Sad but true.

 

[manny.here]

That means now they have 70k crore to blow up again. Our Banks are like a trader who keeps blowing up his account now and then.

I had the same feeling when heard the news.

 

[Smart_trade]

Actually as per this logic i was supposed to make 1 crore every month. Still trying very hard every month to achieve this

Koi nahi...1 Cr per month na sahi...1 Cr per year kamalo.....fir bhi bura nahi hain...

Smart_trade

 

[vikas2131]

That means now they have 70k crore to blow up again. Our Banks are like a trader who keeps blowing up his account now and then.

In next upmove, PSB would move up nicely . Good for trading.

 

[manny.here]

Koi nahi...1 Cr per month na sahi...1 Cr per year kamalo.....fir bhi bura nahi hain...

Smart_trade

Sirji 1 crore hi target hai , jis din ho gaya retirement le lunga , aur aapko party bhi dunga.

Party kahan chahiye boliye.

 

[kharikumaar]

Koi nahi...1 Cr per month na sahi...1 Cr per year kamalo.....fir bhi bura nahi hain...

Smart_trade

when i was with bmw., i remember 1 malayalee from singapore had come and bought a 735., he had written out a single personal cheque for 1.37 crores.
he was smiling at the look on my face.