General Trading Chat

[niftyaajkal]

same has been happened in this/last week, when even strong europe numbers, were not able to save bulls

 

[Punter786]

If you are talking about daytrades, level to short was much higher....shorting here will be chindhi chor trade

Smart_trade

Yes, likely to be. But I thought downtrend will continue...

 

[Punter786]

So many IDs with Nifty name hope it not what I suspect.... :lol:

 

[Smart_trade]

So many IDs with Nifty name hope it not what I suspect.... :lol:

:lol:

ST

 

[niftyaajkal]

market likely to close in red again

 

[Punter786]

Today market's "tryst with destiny" will happen at the stroke of mid night hour.

 

[lemondew]

Yes sir lets see whats there in store tomorro

Today market's "tryst with destiny" will happen at the stroke of mid night hour.

 

[deba72]

Today market's "tryst with destiny" will happen at the stroke of mid night hour.

Worst case scenario would be if it becomes a non-event and market continues this tuk-tuk trading in narrow band..

 

[sadiq]

What is the status of your "shorts" now

Mine is so far safe ....:lol:

 

[Punter786]

Worst case scenario would be if it becomes a non-event and market continues this tuk-tuk trading in narrow band..

I am not expecting it to be a non-event! Even if the rate is not hiked I think the Fed will be hawkish and non-accommodating in tone.

This Fed meet is more important than any other meet b'cos latest data was not conducive for rate hike. So if Fed ignores the latest data and say US economy has achieved near full time employment etc and hikes the rate then it would mean it will Not be data dependent and probably going to hike rates at regular intervals in 2017.

It need not be told that regular hike will cause massive turmoil in countries like India. Only real, solid recovery in Indian economy can save bulls in that case. Days of surviving on fudged GDP figures and green shoots will be passe.