General Trading Chat

[arsh22g]

Aaj kas jo hona tha ho gaya, ab batao ki kal ke liye systems ne kya generate kiya. Kal hindisght mein batane se acha hai aaj hi pata chal jaye :clap:

 

[TracerBullet]

beautiful heads-up of possible sideways morning on 2day vwap structure of mkt

played out exactly as per expectation

SBIN moving well after +1SD2 caught up

 

[vikas2131]

oil down more than 2 %...forget up rally now...down ke liya tayyar raho..

 

[Fundootrader]

tendulkar style upmove with solid momentum - super shots

 

[Fundootrader]

oil down more than 2 %...forget up rally now...down ke liya tayyar raho..

yeh sab maya hai - see even pmi down for uk- does it matter - naah

 

[timepass]

Heard on Zee business :

The dividend tax on dividend above Rs. 10 lakhs, what about the PSU companies where the President of India is the Trustee ??

 

[Contra]

In my humble opinion, market mein kuch gadbad lag raha hai.

Consider the following points, specially the underlined ones:
1. March is generally a very volatile month
2. March is also when long-term traders & investors cut losses to gain tax benefits
3. Sensex gained 777 points on the 1st day of March
4. Sensex gained around 500 points on the 2nd day of March
5. Both are happening in the midst of a technical bear market
6. Both are happening even before a rate cut materialises (sure, front loading can happen but this runaway bull rally looks ridiculous)

Some are claiming that the bulls are back and here to stay (maybe they're right). Others are smiling from ear to ear praising our government's fiscal prudence (on paper) and how Indian markets are greater than all of the world markets put together (maybe they're right too).

You know what I think?

I think that either something very rare & miraculous is happening in the market, or more probably, these two rallies were a massive short squeeze to take out a solid chunk of bearish short positions. It also looks like a TRAP is being laid for the bakra traders to go long if this rally continues for the rest of the week.

Better to SOH this month or play with only risk money.

 

[timepass]

Also, March is a long series, longer than a calendar month. I think that we will see trending moves in both the directions.

In my humble opinion, market mein kuch gadbad lag raha hai.

Consider the following points, specially the underlined ones:
1. March is generally a very volatile month
2. March is also when long-term traders & investors cut losses to gain tax benefits
3. Sensex gained 777 points on the 1st day of March
4. Sensex gained around 500 points on the 2nd day of March
5. Both are happening in the midst of a technical bear market
6. Both are happening even before a rate cut materialises (sure, front loading can happen but this runaway bull rally looks ridiculous)

Some are claiming that the bulls are back and here to stay (maybe they're right). Others are smiling from ear to ear praising our government's fiscal prudence (on paper) and how Indian markets are greater than all of the world markets put together (maybe they're right too).

You know what I think?

I think that either something very rare & miraculous is happening in the market, or more probably, these two rallies were a massive short squeeze to take out a solid chunk of bearish short positions. It also looks like a TRAP is being laid for the bakra traders to go long if this rally continues for the rest of the week.

Better to SOH this month or play with only risk money.

 

[vijkris]

@ timepass bro, how was ur day?
shorted rcom?

 

[Fundootrader]

In my humble opinion, market mein kuch gadbad lag raha hai.

Consider the following points, specially the underlined ones:
1. March is generally a very volatile month
2. March is also when long-term traders & investors cut losses to gain tax benefits
3. Sensex gained 777 points on the 1st day of March
4. Sensex gained around 500 points on the 2nd day of March
5. Both are happening in the midst of a technical bear market
6. Both are happening even before a rate cut materialises (sure, front loading can happen but this runaway bull rally looks ridiculous)

Some are claiming that the bulls are back and here to stay (maybe they're right). Others are smiling from ear to ear praising our government's fiscal prudence (on paper) and how Indian markets are greater than all of the world markets put together (maybe they're right too).

You know what I think?

I think that either something very rare & miraculous is happening in the market, or more probably, these two rallies were a massive short squeeze to take out a solid chunk of bearish short positions. It also looks like a TRAP is being laid for the bakra traders to go long if this rally continues for the rest of the week.

Better to SOH this month or play with only risk money.

yeah if you look at oi chain - typically in such strong move there are longs but today no longs - no significant change in oi for 7400/7500 ce