General Trading Chat

[traderniftybull]

Gurugram: Women bank employees foil robbery attempt, two armed men held

The incident took place on Monday around 1 pm when two persons with firearms entered State Bank of India's branch and locked it from inside.

http://indianexpress.com/article/in...l-robbery-attempt-two-armed-men-held-4599299/

Kudos to the women employees.
Dont miss the embedded video !!!!!!!!!!

 

[traderniftybull]

Uttar Pradesh govt. announces to write off the farm loans upto Rs. 1 lakh (details awaited). Will amount to a total of Rs. 36000 crores. How will it affect the banks tomorrow ??

IMO,
this may be a non issue now, as market has already taken it into consideration.

 

[traderniftybull]

BNF

Congestion seen at 21640/660 range
Should reach there.
Lower end at 21530, but not likely to breach 21550

And in case,
opened gap up and doesnt come down, then BNF may click 21700 in short time.

 

[traderniftybull]

NF

Congestion seen at 9300/05 range
Should reach there.

Lower end at 9260, but not likely to breach 9270

 

[TraderRavi]

LOL

A lot of people are searching for 'multibaggers' on Google: Here's why it indicates trouble for markets

An analysis of Google Trends suggests that over the past five years, whenever interest in the term 'multibagger' hits a peak, it spells a weak spell for Indian markets.

A multibagger is a term used for a stock that has at least doubled in value over any time period. So a stock that has clocked 100 percent returns is a 1-bagger, a stock that has returned 200 percent is a 2-bagger and so on.

If you input a keyword into Google Trends, it would show you the historical interest in the term on a scale of 0 to 100, relative to the highest point on the chart for a given region and time.

A value of 50 means that the term is half as popular. Likewise, a score of 0 means the term was less than 1 percent as popular as the peak.

In the last five financial years, whenever this indicator hit the 100 mark with respect to the popularity of the searched item which is, in this case, ‘Multibagger’, it led to a sharp fall in the Nifty by 300 to nearly 1,000 points.

In the financial year 2017, Multibagger keyword hit the important 100 mark in March when benchmark indices hit a record high and it remains to be seen what happen next.

http://www.moneycontrol.com/news/bu...earch-it-spells-doom-for-markets-2252307.html

 

[pareshR]

RBI policy today or tom?

thx

 

[checkmate7]

RBI policy today or tom?

thx

It is tommorrow.

 

[john302928]

Today both Kridhan Infra (hit 20% UC) and Soril Infra (10%UC) and got slipped from UC because of development of subwaves. Kridhan infra reversed as expected and in grand style.

Soril Infra still has option open for corrective waves, But if it goes up directly by having the small correction which it already had, I wont be surprised.I personally would expect a correction before the real rally. Let market decide.

Kridhan Infra 15% up today so far.

SPIC over 7% today

 

[manoj2012]

NEGATIVE FOR PSBs .............. Private players may not be affected
(do they have farm loans in thier credit portfolio ?) ....

Banknifty major component comprises of Private Banks ....

NIFTY PSU Bank INDEX Down 0.53% ...

NIFTYBANK down only 0.06% ....

SBI down 0.68%

 

[john302928]

As expected onelife capital moved. more than 50% in 15 days

One life capital Today made 15% up. Now I feel there are chances for it have completed one set of higher degree 5 waves. we might see some corrective waves.There is no sell signal yet. theoretically we can just trail the SL and look for reversal signal. as long as there is no sell signal it will still be in up mood.