General Trading Chat

[vivektrader]

Is there a way to track change in open interest in a graphical manner, like a daily chart of open interest or its change in stock futures?

Vivek

 

[timepass]

All world markets are down except ours and Japan. Looks like market makers who provide support are busy in FIFA!!

Japan was to make some announcement about interest rates yesterday.

 

[Simple.Trader]

Vivektrader and other members who follow SQ kindly reply that is the Short trade, triggered last week, still valid? What is the SL figure. Both for Banknifty and Nifty. As per my view both are still valid. Based on futures data.

Simple Trader

 

[Simple.Trader]

GLOBAL MARKETS-U.S.-China trade fight leads stocks lower, oil sinks on supply fears
Reuters | Jun 16, 2018 02:50

* Trump OKs $50B in tariffs as China vows retaliation
* China trade spat sparks sell-off in U.S. soybean futures
* European, emerging market stocks down more than 1 percent each
* Oil slumps 3 percent (Updates with close of U.S. markets)
By Laila Kearney
NEW YORK, June 15 (Reuters) - Wall Street ended lower on Friday and global stocks continued to slide after U.S. President Donald Trump announced new tariffs on Chinese goods, while oil plummeted 3 percent on expectations that Saudi Arabia and Russia output would soon increase.

https://m.in.investing.com/news/sto...tocks-lower-oil-sinks-on-supply-fears-1213302

 

[vivektrader]

Vivektrader and other members who follow SQ kindly reply that is the Short trade, triggered last week, still valid? What is the SL figure. Both for Banknifty and Nifty. As per my view both are still valid. Based on futures data.

Simple Trader

Although stop losses of both Nifty and Banknifty are intact, after the correction has played out, it's difficult to time anything now, we should wait for fresh setup and CD.
Infact if after a completed CD or Combo, a trade doesn't trigger with in a day or two, I consider it as 'stale signal', best trades trigger on terminal 13, or immediately next day after count completion. This is especially important while trading futures, one can't sit around with wild swings in P&L day in and out while stoploss is apparently intact and market is sideways.
But above is my observation only.

Vivek

 

[simplebuthard]

Reliance having a good run. All time high. Once the stock was discussed as a great wealth destructor. Will go places now. Expecting 3 to 5 times appreciation in next 3 years.

 

[nil.nik.9777]

Though anything is possible in markets, for 3 to 5 times appreciation in Reliance requires hell lot performance. Where as markets are already factoring most of the revenue and ipo part of Jio

Reliance having a good run. All time high. Once the stock was discussed as a great wealth destructor. Will go places now. Expecting 3 to 5 times appreciation in next 3 years.

 

[lemondew]

Thx for the updates

GLOBAL MARKETS-U.S.-China trade fight leads stocks lower, oil sinks on supply fears
Reuters | Jun 16, 2018 02:50

* Trump OKs $50B in tariffs as China vows retaliation
* China trade spat sparks sell-off in U.S. soybean futures
* European, emerging market stocks down more than 1 percent each
* Oil slumps 3 percent (Updates with close of U.S. markets)
By Laila Kearney
NEW YORK, June 15 (Reuters) - Wall Street ended lower on Friday and global stocks continued to slide after U.S. President Donald Trump announced new tariffs on Chinese goods, while oil plummeted 3 percent on expectations that Saudi Arabia and Russia output would soon increase.

https://m.in.investing.com/news/sto...tocks-lower-oil-sinks-on-supply-fears-1213302

 

[Simple.Trader]

Thx for the updates

I rarely watches news but Fridays fall in world market led me to search for the reason.

 

[traderniftybull]

I rarely watches news but Fridays fall in world market led me to search for the reason.

But US market also had a reversal and in next 1-2 sessions, may see some fast upmove, as well.