General Trading Chat

[timepass]

Both nifty and banknifty (spot) will touch their 15ema tomorrow.

The 315 logic says that it would be the time to re-enter the shorts, since 315 is in bearish mode. What would be the SL in this case ?

 

[timepass]

Adani speaks

Gautam Adani debunks GDP rhetoric, says India will be 2nd largest economy by 2050

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

 

[Dr. Jan Itor]

I thought Bajaj dominated the entry level market, and hero was a close second... apparently its the opposite...

 

[timepass]

Delay in RBI's MPC meet is bothersome
1 min read . Updated: 28 Sep 2020, 09:44 PM ISTAparna Iyer
To be sure, analysts are not expecting a rate cut, but guidance on growth and inflation is keenly awaited
https://www.livemint.com/market/mar...-panel-meet-is-bothersome-11601294003196.html

 

[timepass]

Markets may continue to edge higher; Tata group stocks in focus
2 min read . Updated: 29 Sep 2020, 08:38 AM ISTNasrin Sultana

• Asian markets look set to rise on Tuesday, building on newfound momentum after bargain hunters helped a recovery in US markets after last week's selloff

https://www.livemint.com/market/sto...ata-group-stocks-in-focus-11601347794241.html

"
Walmart Inc. is in discussions with the Tata group for a large stake purchase in the proposed super app of the salt-to-software conglomerate, according to a Mint report. The ‘super app’ aims to create a digital services behemoth offering a wide range of products in the retail space.

The Shapoorji Pallonji (SP) group will offer the Tata group easy terms, including the option to stagger payments, to help India’s largest conglomerate buy out the Mistry family’s ₹1.5 trillion stake in Tata Sons Ltd and end a festering feud between the groups that were once close allies, according to a Mint report.
"

 

[timepass]

Banknifty - precariously perched between the two EMAs. Maybe some followers entered fresh shorts at 15 ema touch.

 

[Jatin Kalra]

If you want to learn about stock markets, investing and technical analysis, here is a great place to learn - https://zerodha.com/varsity/

 

[timepass]

What will Mukeshbhai do with all that money ?? Three cheers for the Motabhai

Mukesh Ambani earned ₹90 cr every hour since lockdown, tops Hurun India Rich list 2020 for 9th year
2 min read . Updated: 29 Sep 2020, 05:18 PM ISTWritten By Meghna Sen

• Mukesh Ambani’s personal wealth rose by ₹2,77,700 crore to ₹6,58,400 crore
• The Reliance Industries MD and chairman retained the richest Indian title for the ninth consecutive year

https://www.livemint.com/news/india...ch-list-2020-for-9th-year-11601372995678.html

 

[timepass]

I guess India will appeal against the Vodafone verdict, else this may happen.

Cairn seeks nearly ₹10,300 crore in losses from retrospective tax demand
3 min read . Updated: 29 Sep 2020, 02:50 PM ISTPTI
British oil explorer Cairn Energy Plc today said it is seeking from the Indian government $1.4 billion (about ₹10,300 crore) in losses arising from the expropriation of its investments to enforce a retrospective tax demand
https://www.livemint.com/companies/...-retrospective-tax-demand-11601370848120.html

 

[timepass]

This is how the government could raise the money

India Considers Selling 25% Stake in Nation’s Largest Life Insurer

Read more at: https://www.bloombergquint.com/business/india-is-said-to-consider-selling-25-stake-in-lic-in-phases
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