General Trading Chat

[Trading Sag]

Whats happening to Graphite India?

 

[niftytaurus]

https://twitter.com/GujralAshwani?ref_src=twsrc^google|twcamp^serp|twgr^author

I dont beileive in Analyst which comes on TV or other way..but Some days back, ST Da Mentioned about Ashwini gujral trades..I saw his ledger..really impressive ..80 % profit in 14 days..Impressed...really need to learn something from him..
Especially courage to take such big positions..
thanks

 

[headstrong007]

Lots of traders friendly stocks are catching good bullish/bearish momentum...They are giving good opportunities for day trading for last few days..

Stocks with bearish momentum:-
BHARTIARTL, TATAMOTORS, RELCPITAL, RELINFRA, BHEL, VEDL, NATIONALUM, RPOWER, BANKINDIA, CANBK, LUPIN.

**********
Stocks with bullish momentum:-

RELIANCE, TCS, INFY, BAJFINANCE, BAJAJFINSERV, HDFC, HDFC BANK, KOTAKBANK, HINDUNILVR.

 

[Riskyman]

Whats happening to Graphite India?

Some of these Graphite stocks have had a stellar run on the back of firm prices for Graphite. Graphite India & HEG are both very over valued stocks at the moment. Graphite electrode prices ex-china have come down about 5% in the last few weeks and about 15% in the last 3 months. If the correction in graphite continues then some of these stock prices could correct further. Graphite India stock could test 875 and 810 levels subsequently.

Fyi, in 2018 Prices of Graphite 80 mesh has been fluctuating between 1000 to 1300 USD per tonne where as in 2011-12 prices fluctuated between 2500 to 3000 USD per tonne for the same grade. Hope this helps. Good luck!

 

[simplebuthard]

What is the result date of reliance?
In other thread vikas posted weekly chart of reliance with target 1233

don't know the reliance's result day out.

 

[headstrong007]

MCX is facing technical issues and trading was halted at 8:10 PM. Normal trading will resume at 10:31 PM.
Pathetic!!
Always such Technical issue happens when there is a big momentum, today it is Crude 4% + move...

 

[NJ78]

MCX is facing technical issues and trading was halted at 8:10 PM. Normal trading will resume at 10:31 PM.
Pathetic!!
Always such Technical issue happens when there is a big momentum, today it is Crude 4% + move...

These outages are happening more frequently (there was one last week) but more troublingly, the length of these outages is becoming longer. So many things can go wrong during these 2 hours... I think it's time to start expecting such troubles and hedge our positions using options. Who knows, maybe these outages are simply a ruse to get more players involved in the nascent commodity options market.

 

[simplebuthard]

crude falling today. tomorrow oil stocks can rally a little further.

 

[headstrong007]

U.S. Treasury Secretary Steven Mnuchin suggested that certain exceptions could be made for countries importing oil from Iran.
This is excellent news for India. Oil Prices Sink today mainly bcoz of that reason.

 

[simplebuthard]

U.S. Treasury Secretary Steven Mnuchin suggested that certain exceptions could be made for countries importing oil from Iran.
This is excellent news for India. Oil Prices Sink today mainly bcoz of that reason.

SGX Nifty doesn't appreciate. so i dont think tomorrow market will go up because of that.