General Trading Chat

[primitivetrader]

looks like some kind of Inverse H&S with neckline around 35800.

View attachment 46517

If works out, there is another 1200-1500 pts upside in BN

its an ascending triangle, which failed yday. pattern failure leads to significant momentum in the direction of the failure.

 

[timepass]

We all should be running paan stalls

256 Kanpur paan-sellers, rag-pickers turn out to be millionaires in IT probe
https://in.news.yahoo.com/256-kanpu...to-be-millionaires-in-it-probe-113159526.html

 

[timepass]

TV News :

Some block deal in HDFC Bank caused that big fall in BN

 

[timepass]

Surely the price will find something good in this news :

Tata Motors Q1 Results: Revenue Tumbles, Reports More-Than-Expected Loss At Rs 3,509 Crore

Read more at: https://www.bloombergquint.com/quar...orts-more-than-expected-loss-at-rs-3509-crore
Copyright © BloombergQuint

 

[Nish]

Surely the price will find something good in this news :

Tata Motors Q1 Results: Revenue Tumbles, Reports More-Than-Expected Loss At Rs 3,509 Crore

Read more at: https://www.bloombergquint.com/quar...orts-more-than-expected-loss-at-rs-3509-crore
Copyright © BloombergQuint

Was already known to SmartMoney and hence was already priced-in in last week !

 

[timepass]

The banks will welcome this tomorrow

Vijay Mallya declared bankrupt by UK court
https://timesofindia.indiatimes.com...bankrupt-by-uk-court/articleshow/84762125.cms

 

[brokenbull]

pharma complex whoesale slaughter today with out mercy !.
Dr reddy bad results launched an avalanche of selling .
good bad & ugly all got mowed down .

 

[timepass]

Some more good news for tomorrow.

IMF slashes India's GDP growth forecast to 9.5% for FY22 from 12.5% projected earlier
https://timesofindia.indiatimes.com...cast-to-9-5-for-fy22/articleshow/84793867.cms

They could've asked any guy on the street for the same conclusion

 

[brokenbull]

Some more good news for tomorrow.

IMF slashes India's GDP growth forecast to 9.5% for FY22 from 12.5% projected earlier
https://timesofindia.indiatimes.com...cast-to-9-5-for-fy22/articleshow/84793867.cms

They could've asked any guy on the street for the same conclusion

US Federal reserve 2 day meeting started today (to decide to taper bond purchases or not ,to increase interest rates or not) .
so USA amrkets got slight chill today. By tomoorrrow asia open it may develop to a high fever. Chances BN could catch pneumonia tomorrow.

 

[Nish]

Some more good news for tomorrow.

IMF slashes India's GDP growth forecast to 9.5% for FY22
...
They could've asked any guy on the street for the same conclusion

PERFECT !