General Trading Chat

[timepass]

This guy says that he turned 5 lakhs into 50000 in 6 months, and then turned 50000 into 5 lakhs in 1 year.

Nooruddin Fidai | Creating magic out of moving averages

https://www.moneycontrol.com/news/b...ing-magic-out-of-moving-averages-4730931.html

 

[timepass]

JSPL monthly : Hasn't broken the downward channel precisely.

The daily is flirting with the H&S neckline around 135.

 

[timepass]

It is the small guy propping up the markets

Humble SIPs rush in as HNIs begin their exit
4 min read . Updated: 16 Dec 2019, 12:49 AM ISTClifford Alvares

• The number of SIP folios has increased since April, with about 29.4 million folios active at the end of November
• Systematic investment plans are likely to keep the mutual fund fire burning for sometime, at least among small investors

https://www.livemint.com/market/mar...-as-hnis-begin-their-exit-11576437010565.html

 

[moneymanager1980]

It is the small guy propping up the markets

Humble SIPs rush in as HNIs begin their exit
4 min read . Updated: 16 Dec 2019, 12:49 AM ISTClifford Alvares

• The number of SIP folios has increased since April, with about 29.4 million folios active at the end of November
• Systematic investment plans are likely to keep the mutual fund fire burning for sometime, at least among small investors

https://www.livemint.com/market/mar...-as-hnis-begin-their-exit-11576437010565.html

seems finally food need to be served on plate .. whose meat is not a big issues ..

 

[timepass]

Will we be able to maintain fiscal deficit targets ??

Ahead of key meet, Centre releases ₹35,298 cr GST compensation to states and UTs
2 min read . Updated: 16 Dec 2019, 06:20 PM ISTPTI

• The GST Council, the highest decision making body of the indirect tax regime, is slated to hold its meeting on 18 Dec
• Most of the states rued that the delay in payment has put pressure on their finances affecting many development work

https://www.livemint.com/news/india...st-compensation-to-states-11576500413771.html

 

[timepass]

Pfizer has some good news in USA, but is looking overbought in all the higher timeframes

https://finance.yahoo.com/m/d9fdd4f4-688d-3d11-a6d1-c19ae05cb046/pfizer-raises-dividend-by.html

 

[timepass]

Let's see how JSPL reacts to 155 zone. If it retraces, it may complete a right shoulder.

View attachment 39186

Edit : Showing RSI divergence too.

View attachment 39187

JSPL : The left shoulder had far more candles.

 

[timepass]

A lot of data in this onion story, but it seems that the onion prices aren't coming down for the next few months.

Explained: The Onion Story, in charts
https://www.rediff.com/business/report/explained-the-onion-story-in-charts/20191216.htm

Of course, they haven't factored in a fall in demand.

 

[siddhant4u]

https://www.livemint.com/industry/b...bank-says-two-top-bankers-11576571050271.html

Uday Kotak best suited to acquire Yes Bank, says two top bankers


Mumbai: Two of India's top bankers on Tuesday opined that Kotak Mahindra Bank (KMB) is best suited to acquire smaller and capital-starved rival Yes Bank.

Yes Bank's capital buffers have dipped on accelerated non-performing assets recognition under new chief executive Ravneet Gill earlier this year.

The private sector lender's capital raising plan is also passing through uncertainties and there are speculations on whether Yes Bank is an acquisition target, which has been denied by its management.

"I think Uday (Kotak) is the best candidate to acquire Yes Bank. You need deep pockets, Uday has that," SBI Chairman Rajnish Kumar said at Times Network's India Economic Conclave here.

When the same question was posed to third-largest lender Axis Bank's Managing Director and CEO Amitabh Chaudhry, it was answered with the same suggestion.

 

[timepass]

https://www.livemint.com/industry/b...bank-says-two-top-bankers-11576571050271.html

Uday Kotak best suited to acquire Yes Bank, says two top bankers


Mumbai: Two of India's top bankers on Tuesday opined that Kotak Mahindra Bank (KMB) is best suited to acquire smaller and capital-starved rival Yes Bank.

Yes Bank's capital buffers have dipped on accelerated non-performing assets recognition under new chief executive Ravneet Gill earlier this year.

The private sector lender's capital raising plan is also passing through uncertainties and there are speculations on whether Yes Bank is an acquisition target, which has been denied by its management.

"I think Uday (Kotak) is the best candidate to acquire Yes Bank. You need deep pockets, Uday has that," SBI Chairman Rajnish Kumar said at Times Network's India Economic Conclave here.

When the same question was posed to third-largest lender Axis Bank's Managing Director and CEO Amitabh Chaudhry, it was answered with the same suggestion.

Maybe Kotak bank will tank down tomorrow