General Trading Chat

[Smart_trade]

Sir
One more clarification, this 13/8 should also be mandatory in terminal 13?

Nothing like mandatory...but 13/8 ensures that the buy signal is not given at elevated price...if coming at elevated price, I will skip that signal.

ST

 

[timepass]

Looks like most of the scrips are having NR day, so far

 

[Smart_trade]

Vaidyanathan of Capital First says the funding has returned to NBFCs and for good NBFCs there is no derth of capital as well as demand for deploying their capital as the consumer goods demand is strong.....the same was echoed by Sanjiv Bajaj of Bajaj Finance that they dont have any issue of funding being available to them and he expects the company to grow at 35-40 % CAGR year on year .......

Vaidyanathan however expects some regulations from RBI soon and these will be good for the NBFCs...

Smart_trade

 

[phoenixbird]

ST sir,

Any opinion on Motilal Oswal NASDAQ 100 ETF.

Though minimum SIP is Rs.500, I believe that SIP contribution should be on a higher side, because on INR-Dollar value.

Thanks

 

[sanju005ind]

BNF has open = low today, and nearly so in the spot too. Maybe we are going to see 26300 today.

View attachment 30891

What a prediction !!!

 

[Smart_trade]

ST sir,

Any opinion on Motilal Oswal NASDAQ 100 ETF.

Though minimum SIP is Rs.500, I believe that SIP contribution should be on a higher side, because on INR-Dollar value.

Thanks

My view is US markets will correct and Indian markets already have corrected and have great opportunities here.....

Smart_trade

 

[timepass]

What a prediction !!!

Open = High/low is usually a good indicator, has about 60-70% strike rate. But needs close supervision, as usual.

 

[timepass]

Good reason to buy Bank stocks now, they should be in deep profit in a year's time


https://www.hindustantimes.com/indi...warns-catmi/story-fNjQhNNIu29CS9TUBfliBM.html

50% ATMs in India may shut down by March, warns CATMi

India has approximately 2,38,000 ATMs, of which around 1,13,000 ATMs, including 1,00,000 off-site and more than 15,000 white label ATMs, are expected to down their shutters, said a spokesperson of Confederation of ATM Industry.
INDIA Updated: Nov 21, 2018 16:39 IST

Indo Asian News Service
Mumbai

Nearly 50% ATMs may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, the Confederation of ATM Industry (CATMi) warned on Wednesday.

Nearly 50 per cent Automated Teller Machines (ATMs) may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, the Confederation of ATM Industry (CATMi) warned on Wednesday.

India has approximately 2,38,000 ATMs, of which around 1,13,000 ATMs, including 1,00,000 off-site and more than 15,000 white label ATMs, are expected to down their shutters, said a CATMi spokesperson.

“This would severely impact millions of beneficiaries under the Pradhan Mantri Jan Dhan Yojana who withdraw subsidies in the form of cash through ATMs, besides urban centres, resulting in snaky queues and chaos akin to post-demonetisation,” said the spokesperson.

He said the CATMi step is forced on account of recent regulatory guidelines for ATMs hardware and software upgrades, recent mandates on cash management standards and the cassette swap method of loading cash.

The measure will also result in huge job losses in the industry that would be detrimental to financial services in the economy as a whole.

 

[cloudTrader]

BNF has open = low today, and nearly so in the spot too. Maybe we are going to see 26300 today.

View attachment 30891

Really worked just as you assumed it to work...

 

[siddhant4u]

Good reason to buy Bank stocks now, they should be in deep profit in a year's time


https://www.hindustantimes.com/indi...warns-catmi/story-fNjQhNNIu29CS9TUBfliBM.html


Nearly 50% ATMs may be shut down by March 2019 due to unviability of operations, hitting hard both urban and rural population, the Confederation of ATM Industry (CATMi) warned on Wednesday.

Only in India we have ATM's in a big room with AC and a guard. I'm sure the guard is not going to do anything if someone decides to rob ATM / or take it with them.