General Trading Chat

[doctorshah]

@TPbro Has RBI opened tap fully? USD INR:thumb:

 

[ptk]

DeMark sequential has finished a buy set up yesterday in Nifty. After buy set up, the market takes a small antitrend rally and then count down starts....so 13 more countdown days which are not consecutive...so the bottom likely after 3 weeks approximately.

Smart_trade

many thanks ST for this info, many thanks

Regards,
PTK

 

[timepass]

@TPbro Has RBI opened tap fully? USD INR:thumb:

I don't think so. I think that as the banking gets back to regular business, the currency will improve. The bond yields are coming down something serious and the interest rates are going down (the banks are announcing rate cuts, though the RBI hasn't announced it yet).

 

[timepass]

Hindalco doesn't look like a buy so far.. also the futures have open = high

 

[augubhai]

Something very interesting....

I was watching Porinju on CNBC-TV18. They were asking him about various stocks. At the same time time, they had the live chart of the stock on the screen.

The moment they mentioned the stock on TV, it would spike temporarily. You could see the second by second uptick on the live charts. Observed that for WOCKHARDT and KESORAM.

 

[deba72]

I don't think so. I think that as the banking gets back to regular business, the currency will improve. The bond yields are coming down something serious and the interest rates are going down (the banks are announcing rate cuts, though the RBI hasn't announced it yet).

All the banks will be flush with funds after this exercise is over and this would require them to deploy these funds aggressively and that in turn may promote higher risk appetite on the part of the bankers... if not managed properly, chances of generating fresh NPAs would go up..but in % terms NPA may decline because of the denominator effect..

 

[manojborle]

 

[vivektrader]

Virtual high in nifty.

Vivek

 

[Just-Trade]

NF may fall from 8090

Just-Trade

 

[vikas2131]

All the banks will be flush with funds after this exercise is over and this would require them to deploy these funds aggressively and that in turn may promote higher risk appetite on the part of the bankers... if not managed properly, chances of generating fresh NPAs would go up..but in % terms NPA may decline because of the denominator effect..

Rupee has been pressured by a rallying US dollar more than demonetisation..