General Trading Chat

[amitrandive]

Amitbhai,
When do we confirm that the point you shorted was channel top?

Thanks.

I had drawn a lower trendline first as there were touching points.
To that lower trendline I drew parallel trendlines in the middle and top.

Shorting came at the big red bar which broke the 20EMA ,just below the 8600 support line.Check there are 6 small bars before the red big bar signalling a big move ahead.

Just one trade that worked out well

 

[amitrandive]

Dear Amit bhai,
Is this chart from ET?

BazaarTrend.com

 

[timepass]

Will NF touch 8630/35
CMP 8603

will BNF move to 19050 today
ltp 18965

maybe 18852

 

[SwagatN]

Vijay bro and swagatN

i think you must have made points today for sure , please share your charts

Just 2 trades so far, 1 in minor profit, and 1 in good profit.. Now just wait and watch..

 

[SwagatN]

Visual trend was down, so looking only for short side today..1st trade took when the lower VPH formed, and exited when price failed to fall below previous VPL..

2nd Short trade came near 2nd VPH which formed near the resistance area. NIFTY is in down sloping channel today.. so took a short near resistance area..closed when it bounced from support..

 

[pareshR]

Just 2 trades so far, 1 in minor profit, and 1 in good profit.. Now just wait and watch..

you do NF n BNF both

thx

 

[SwagatN]

you do NF n BNF both

thx

ONly NF.. I am too young to ride the wild horse called BNF
Pehele thoda trading sikhlun, fir BNF trade karunga..

 

[Dax Devil]

Yes and covered immediately.
Just got 15 points in NF

The journey from 8583 was hell. Got long to touch 8604. The bloody thing just turned back from 8601and almost went for my SL. Had to sq off at 8600 after all the seesaw for one and half hours.

 

[timepass]

What's with 19007 on BNF ?? It was unable to cross it 3-4 times today.

Also support at lower level.

 

[XRAY27]

What's with 19007 on BNF ?? It was unable to cross it 3-4 times today.

Also support at lower level.

TP bhai !!!

This is today's mean resistance and support and BNF is in up channel in 30 mins