General Trading Chat

[lemondew]

As manish chan said in post before that fiis will come out of vacation after new year and looks like most people were expecting action today

 

[sudoku1]

As manish chan said in post before that fiis will come out of vacation after new year and looks like most people were expecting action today

If some people didn't tell u, you'd never know they'd (FIIs) been away on a vacation.

 

[lemondew]

I seriously didnt :lol: and such great info provided here

If some people didn't tell u, you'd never know they'd (FIIs) been away on a vacation.

 

[Smart_trade]

Market going full blast ...firing on all cylinders.Such strong breakouts are normally durable so trade has to be from long side from the morning...

Smart_trade

 

[stock72]

why compulsory looking for short ?

is this valid signal to go short or need to wait????

gif uploader

 

[lemondew]

very interesting why do u feel this is a durable breakout

Market going full blast ...firing on all cylinders.Such strong breakouts are normally durable so trade has to be from long side from the morning...

Smart_trade

 

[HEM]

is this valid signal to go short or need to wait????

gif uploader

Just now see your post.....according to PAT( price action trading)......... there is no short signal in 3/5/15/30/60 min TF till now.....



HEM

 

[Smart_trade]

very interesting why do u feel this is a durable breakout

There are some tell-a-tale signs of strong and durable breakouts....I had posted them here a few times. These signs are present right from the beginning today. The short term trend has changed to up from last 2 days....so the odds are stacked in favour of breakout continuing....and we trade on probabilities. The probabilities are in favour of the move continuing....

Smart_trade

 

[lemondew]

yes if it closes above the current price today. I feel it would go another 40 points above tomorrow.

There are some tell-a-tale signs of strong and durable breakouts....I had posted them here a few times. These signs are present right from the beginning today. The short term trend has changed to up from last 2 days....so the odds are stacked in favour of breakout continuing....and we trade on probabilities. The probabilities are in favour of the move continuing....

Smart_trade

 

[Smart_trade]

Asian Paints painting the town red ( meaning it is going great guns and not being in red...).....all paint stocks doing well today.

Smart_trade