General Trading Chat

[Happy_Singh]

Normally no policy decision are taken in Intrim budget. Only current account finance bill for expenditure till new govt takes place.
But BJP Govt can do anything if they do so will face stiff resistance in rajya sabah

Whats it got to do with rajya sabha?

Happy

 

[timepass]

Whats it got to do with rajya sabha?

Happy

The budget is called the Finance Bill, year xxxx - it needs to be passed by both the houses.

 

[Smart_trade]

I will be pleasantly surprised if they increase the IT min limit from Rs 2.5 L to 5 L...they might increase it to 3 or 3.5 L and increase 80C limit from 1.5 L to 2 or 2.5 L...but something for farmers and middleclass will come. It is a political compulsion now...

Smart_trade

 

[Happy_Singh]

The budget is called the Finance Bill, year xxxx - it needs to be passed by both the houses.

Rajya Sabha has power to recommend amendments in the Finance Bill. However, it is for Lok Sabha to accept or reject the recommendations.
- RAJYA SABHA FINANCIAL PROCEDURE 10

Happy

 

[Smart_trade]

HDFC twins breaking out...

ST

 

[onequorauser]

I had posted this in Subhadip's thread but it seems to be inactive... so posting the same query here.

In IDF, there is a mention that it is best to avoid previous day afternoon's range. How does this translate to commodities in terms of time?

 

[VJAY]

I had posted this in Subhadip's thread but it seems to be inactive... so posting the same query here.

In IDF, there is a mention that it is best to avoid previous day afternoon's range. How does this translate to commodities in terms of time?

in commodity also you can wait for proper setup when open in range

 

[timepass]

BOB (spot) once again protected 118 today. Let's see how long this lasts. It seems to have made an intermediate top around 124, near the bottom of the 135-125 gap area.

 

[timepass]

TV News :

Reliance Q3 results look like a mixed bag. Some figures are down, some are up. Retail seems to have done very well. Jio is doing good. GRM is down to 8.8$

 

[onequorauser]

in commodity also you can wait for proper setup when open in range

What I was trying to ask was.. What do you call range? In case of stocks and options, we can take say after 12:30-1. So do we take last 2-3 hours form previous day for commodities?

Also in this case, once the markets close, there is no trading.In case of commodities, even when MCX closes, there is trading going on in other parts of the world. Do we still use the perspective?