Day Trading Stocks & Futures

[vikas2131]

This could happen next month

 

[travi]

@sridhga bhai this post i was referring to regards to the 10550 level.
NS did 10553 or so.

yes, today was follow through day. Key indication was in first hour or so.
Generally, we are able to cross atleast pdc when there is a gapdown around the 1st hour.
Today the first thrust was short of that and the next upmove didnt even reach there.
By around 10:45am it was very clear bcos we had new DL but shorts were deferred bcos there is always risk of upmove if we preempt it.
when key level of 10k was broken, then a rally provided opportunity to enter.

Around 10550 was expected but it seems like in the last few large pivots that get formed, i'm off by 100-200 pts but testing it immediately may not happen. Today Dow has accelerated its move.

 

[vikas2131]

This is my favorite chart Gold
A beautiful round bottom formation over 8 years
Just 2pct away from ATH monthly close and less than 5 pct from daily ATH

In hindsight pts 1 were great exit points and 2 were great entry recently.

 

[vikas2131]

Bearish engulfing on index. Better to get out if long.

 

[siddhant4u]

Paint company's management were on tv today, What I got is this year will be flat (compare to last) so we might get more opportunity to buy at later stage OR better to deploy fund in buying likes of HDFC Banks

Tier 1/Metros contribute to 50-55% revenue, Rural demand cannot cover all revenue.

 

[sridhga]

Canara Bank results are out. They show that some banks are not out of the woods yet. Axis Bank, Federal Bank, Indian Bank, Canara Bank to name a few.

 

[siddhant4u]

LoL

The ₹4,350-crore acquisition by the Patanjali group was primarily debt-funded. At current prices, the acquirer’s stake is worth over ₹40,000 crore, higher than the value of some of the banks, such as Punjab National Bank, who extended the loans.

Ruchi Soya market cap closes in on Marico, it’s high time Sebi takes note

https://www.livemint.com/market/mar...high-time-sebi-takes-note-11592996429848.html

That’s higher than some better known India-listed firms such as Bosch Ltd., Punjab National Bank and Motherson Sumi Ltd., among others.

btw, Rajat Sharma (India TV) is one of the director in Ruchi Soya ! Tabuj kata, sabako mila.

 

[against_tides]

anybody follows al brooks method?

Don't think so..noone else talked about it

 

[Raj232]

BanknIfty PE gave some opportunities.. lets see whats in store today

 

[jd1234]