General Trading Chat
- Thread starter timepass
- Start date
- Tags idle thoughts trading talk only
Yes, a news heavy weekend. I was about to post this and the ABC shipyard news. But here is another one which may be a good news for the markets.
TCS Buyback @ Rs. 4500
https://www.livemint.com/companies/...ntitlement-date-on-feb-23-11644683709359.html
This is quite a premium to CMP.
Your views please, @Smart_trade
TCS Buyback @ Rs. 4500
https://www.livemint.com/companies/...ntitlement-date-on-feb-23-11644683709359.html
This is quite a premium to CMP.
Your views please, @Smart_trade
A legend dies.............
Rahul Bajaj no more; doctors recall pizza parties with the industrialist
https://indianexpress.com/article/c...-doctors-pizza-parties-industrialist-7769263/
Rahul Bajaj no more; doctors recall pizza parties with the industrialist
https://indianexpress.com/article/c...-doctors-pizza-parties-industrialist-7769263/
Such values have no logic to qualify as trade guide/predict direction.
Anyways most of the methods we use have no logic so I tested this long back and the results are absolutely inconsistent.
Moreover the idea itself has a flaw. Because there are multiple strikes which are very liquid in current week and monthly expirys.
In PE's itself one strike can show "open=high and another strike can be open=low" which are opposing signals. So which one do we base on ?
Similarly in calls side different strikes may show different signals. Hence the method has a flaw which invalidates testing.
( we may not see these on one or 2 days data. But when we take it up for a test and observe numbers on number of days/ weeks of data we will see all these imperfections).
Anyways most of the methods we use have no logic so I tested this long back and the results are absolutely inconsistent.
Moreover the idea itself has a flaw. Because there are multiple strikes which are very liquid in current week and monthly expirys.
In PE's itself one strike can show "open=high and another strike can be open=low" which are opposing signals. So which one do we base on ?
Similarly in calls side different strikes may show different signals. Hence the method has a flaw which invalidates testing.( we may not see these on one or 2 days data. But when we take it up for a test and observe numbers on number of days/ weeks of data we will see all these imperfections).
Today, 37200 PE has open = high = 880,
37100 PE has open = low = 110.15
India's Travel Advisory For Citizens, Students In Ukraine Amid Crisis
"In view of uncertainties of the current situation in Ukraine, Indian nationals, particularly students whose stay not essential, may consider leaving temporarily," the Embassy of India in Kyiv said in a statement.
https://www.ndtv.com/india-news/ukr...tial-may-consider-leaving-temporarily-2769068
"In view of uncertainties of the current situation in Ukraine, Indian nationals, particularly students whose stay not essential, may consider leaving temporarily," the Embassy of India in Kyiv said in a statement.
https://www.ndtv.com/india-news/ukr...tial-may-consider-leaving-temporarily-2769068
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