General Trading Chat

oilman5

Well-Known Member
how to use basic fundamental concept ,for result time
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we know reliance result is coming soon,reliance's main business is refinary . Now govt company (its peer BP-HP-IOC) all move substancially . As oil price was very low in this first quarter,profitability must be better. Also next quarter - crude oil price shall be stable, so expectation build up suggests UPMOVE. so when result comes play long .Use target as per ur TA knowledge.
This i call anticipatory trade
 

Riskyman

Well-Known Member
Zerodha Pi quoting 8600 Pe ltp at 74.2 . Icici direct quoting ltp at 75.50. Wtf. Which broker to trust??
 
trust both , both have different snap quote , i think , 8600 must be highly liquid PE , so trades are happening at high rates , different brokers may show different ltp due to snap and the speed of their servers
 

Riskyman

Well-Known Member
Nifty Trade, Thanks. But still a difference of 1 rupee in LTP is quite a bit. At the moment ltp on icici is 70.65 which is trustable as market moved up 10 points. But pi was showing 72. Thats a huge gap.

We are a software country and we have these problems with our leading brokers. Pity!!
 

Riskyman

Well-Known Member
I had to turn on the TV to see what Nifty spot was at. Market at 62 and zerodha pi is showing 52 points. Lol.
 

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