General Trading Chat

[john302928]

Eichers Motors is trying to erase quite a some of its long term gains. Be cautious. Its coming to the lower channel line and it looks like no one can stop it.
View attachment 28795

aftermath from Eicher chart. and job is not yet done completely.Be safe

 

[augubhai]

I will have to buy another TV for my daughter to watch her favorite cartoon channels....she complains aap kyon ye cnbc channel dekhte ho...

Same here. My daughter's school is closed for dasara. I deliberately keep the business channels on the whole time. I want to keep the kids away from TV and mobile to the maximum extent possible. That way they go out and play with friends.

 

[Dr. Jan Itor]

Tata Elxsi falls despite 18% rise in revenue and 43% rise in net profit/eps QoQ. Results for TCS, Dmartm bandhan, zee this week.

Macros is what is concerning. Even at 74 there is no intervention which is surprising. Meanwhile brent is consistently over 80 with an opec-russia target of 90 for crude.

 

[vivektrader]

Bhai le raha badla #Bajaj finance

Sent from my ONEPLUS A5000 using Tapatalk

 

[siddhant4u]

https://www.business-standard.com/a...-shrinks-by-rs-3-trillion-118100801051_1.html

"At present, MFs can borrow up to 20 per cent of their net assets for six months to meet redemptions and repurchase, and pay interest and dividends to unit holders. "

If mutual fund redemption combined with lowered asset values goes for even 1-2 more days it would mean Mutual Funds will have to speed up sell-off soon !!

 

[Smart_trade]

Why is Bajaj Finance so happy today ??

Smart_trade

 

[cinderblock]

5 min is a long time in this market

HOD to LOD - ~125 points in 15 min.

 

[lemondew]

Maybe some sudden news

5 min is a long time in this market

HOD to LOD - ~125 points in 15 min.

 

[headstrong007]

Today I don't trade long side but entered short BNF @ 24805 (golden fibo resistance of previous swing ). My intraday leveraged trades squared off approx 100 points profit.

For BNF current resistance levels 24790-810 (where I short)...

Shorted same level BNF 24805 like yesterday using BO. What a swift fall. Covered all 24500 spot option chain support. Lowest stop -> Max leverage=> max profit.
I Love bear market.. Big volatility rewards big profit instantly - ideal day traders market.

 

[vivektrader]

Why is Bajaj Finance so happy today ??

Smart_trade

Because we bought it all those days

Vivek