General Trading Chat

[pareshR]

still holding my longs taken yesterday at market close....

Y'day long near by 7530-40!! and today not booked at 7590-95 and made low @7428 you not exited and now 7545

 

[Fundootrader]

Today i believe its WR7 day , support so it is end of current bear cycle(small term) ? market should bounce back....not like a dead cat but it should?

Or may be start of final fall --- Markets surprise

 

[iwillwin]

brutal sell off in smallcap index...does indicate fear...

but smallcap-midcap are mutual fund holdings...it would be imp to watch out the operator numbers

 

[TraderRavi]

First bounce got sold. If this second bounce gets sold then bears will rule the afternoon session. If this bounce holds then bulls will be in control.

Smart_trade

in the morning it did not breakover 7600 , hopefully now it will.

 

[Fundootrader]

7600 puts showing strength - indicating bears not buying into this bounce

 

[manojborle]

 

[hames]

Y'day long near by 7530-40!! and today not booked at 7590-95 and made low @7428 you not exited and now 7545

Nope i did not sell at todays high as am expecting market reversal. since NASDAQ is holding strongly and has already given buy signal yesterday. global markets are also following the trend.

today when nifty crashed ofcourse was suprise, though i expected it to bounce back in 2nd half, which it did for markets to go in its reversal trend. if it had not i would had to book loss and exit today or tomorrow.

 

[blackberry]

all green candles in 1 hour, looks very strong buying buy by FII, seems.Anything can happen, another 100 points fall can be possible in 2-3 five minute candles.

edit :totally out now

 

[amitrandive]

In sideways , stop are hit.But when I realise the market is going sideways , I sit on the sidelines.
For understanding this I enclose the price action in a rectangle.

Nifty 7500 CE enter @ 89, exited @ 122.

 

[iwillwin]

i m sure everyone is in confusion at this stage...long karu ya short...