General Trading Chat

[saniich68]

Stock to Watch: 03
Mid term: 3M - 6M.
ATH BO: J & K Bank at 116 (Mcap: 12000 CR)
Looking for 136, 152, 167.
1. (D) Volumes (1.5X),
2. Doubled fundamentals in Last 2 Years.
3. TTM profits > Last year (FY23)

 

[saniich68]

Went to the finbridge expo for about 2 hours. I would recommend it. Good exhibition.

A lot of Algo companies but none offers it alongwith tradingview. I don't understand much about it but there are a lot of companies offering multibroker platform with their algo software.

A few education companies, some B2B displays.

Good, would have been better if there was more emphasis on mutual funds too. This seemed overweight on algos which I don't understand.

May revisit tomorrow.

Thats really good to know that someone from here have visted this expo -- i so wanted to attend this but due to many reasons I CANTT

 

[saniich68]

Big push for Make in India Apple asks component suppliers to source iPhone 16 batteries from India

 

[Raj232]

Stock to Watch: 03
Mid term: 3M - 6M.
ATH BO: J & K Bank at 116 (Mcap: 12000 CR)
Looking for 136, 152, 167.
1. (D) Volumes (1.5X),
2. Doubled fundamentals in Last 2 Years.
3. TTM profits > Last year (FY23) View attachment 50001

Good catch !!
Would it have been possible to identify this at the Rs 60 or Rs 70 level ??

 

[Nish]

For me , Given BN levels are only probabilities !
Currently range-bound but , Can staying abv 47300 , push BN towards 48000 plus ???

Pl do your own study ! SL is a good habit.

 

[tradermodified]

For me , Given BN levels are only probabilities !
Currently range-bound but , Can staying abv 47300 , push BN towards 48000 plus ???

Pl do your own study ! SL is a good habit.

yes.

Moreover,
BN on staying above 46400/500 zone, likely to move for 49500/50000 levels

ltp 46610

 

[cinderblock]

My Paytm postpaid has not been working for a few days. Now I know why

"Paytm to curtail low-value personal loans after RBI tightens consumer lending norms"
"Paytm crashes 20% on plans to slow down Postpaid loans"

 

[Nish]

For me , Given BN levels are only probabilities !
Currently range-bound but , Can staying abv 47300 , push BN towards 48000 plus ???

Pl do your own study ! SL is a good habit.

As shown in the chart, BN exactly slid down to 46520 odd levels from where recovered .
Only above 46855 , may show upside towards 47k plus !
These are only probabilities !
Pl do your own study !

Though , personally would like a dip towards 46259 for a positional long , but it is a bit difficult , since 46500 thru 47000 puts have seen a strong put writing.
So probably , downside may be limited , until these writer unwind the position !
But RBI policy is puting some un-easyness for traders !

 

[travi]

Couple of weeks ago in paytm, Berkshire sold at 877 to other FII(s) who is now sitting on 25% loss

Warren Buffet's Berkshire exits Paytm at ₹620 crore loss, sells 2.5% stake - Hindustan Times

 

[Nish]

As bulls are losing steam , is BN slowly moving for Sell on Rise for a few days to regain strength luring retails to create liquidity for final push upward ???
Not a reco, just a thought !

The views in chart are only probabilities !
Pl do your own study - with proper SL to protect capital !

Anyways MF SIP is always best for common retail people - option trading is risky as 90% loss money in options !
Be careful !