General Trading Chat

[Smart_trade]

The type where you dump your whole portfolio and wait to buy, or average down type buying?

No dumping of core portfolio....but we have some short term trading positions in the same stocks which are liquidated already last week and now we will get a chance to buy these positions soon....this correction is not coming out of blues,it was expected last few days.

Core portfolio is not to be disturbed with such corrections....for long term capital gains free of Income Tax min holding period is 12 months.

Smart_trade

 

[ap*]

Picked up 9600ce with an sl at 8 for target 50. since the overall volumes are still positive in it. Trying my hand at charting options for the first time with a small investment of 5k. Seems promising using obv and S&R lines.

 

[jd1234]

I guess Subhadeep's rally decline concept is robust for trade management, it held good in case of BPCL also. I use it for exits, it is correct 9 out of 10times, if not more.
Kudos to Subhadeep bhai for this.

Vivek

Sir what is rally decline concept ?

 

[travi]

Sir what is rally decline concept ?

Read here
http://www.traderji.com/derivatives/99863-pivot-trading-new-way-trading.html

 

[wisp]

Pi frozen. Something big gonna happen? or as Nitin puts it, some big order

 

[primitivetrader]

only stock in trade in intra giving nice moves now a days

 

[cinderblock]

Should have been easy 300 points on BN without major retracement based on the haircut news :thumb:

Kudos to people who went short BN on Friday

 

[travi]

Vivek bhai from CD13 to bearish flip was good mindset when one tries to ride the fresh 9's.
This single bar has knocked out atleast 4-5 bars

 

[timepass]

Superb prediction of 400-500 pts on BNF !!! No trade for me because of this today, not buying

 

[cinderblock]

Will the first major correction (in months) in a Bull market test ~200 DMA?

Long way away...actually just about 7% away

If it is, the fall should be quick and ugly with an equally sharp rebound from the 200 DMA