General Trading Chat

[cloudTrader]

CNBC Awaaz reported some freak trade in 17200 CE. Don't remember the details.

SL-Market Orders will become a thing of the past if this continues. The price is reaching the skies to get filled. SL-M orders are working like killers to the account capital.

 

[timepass]

SL-Market Orders will become a thing of the past if this continues. The price is reaching the skies to get filled. SL-M orders are working like killers to the account capital.

Maybe someone placed an after hour order for the lower circuit.

 

[yan]

hello time pass bro how r u,where is st da so many long days

 

[cloudTrader]

Maybe someone placed an after hour order for the lower circuit.

The Option Freeze mechanism which has been revoked by NSE is really playing a havoc. Option prices are targeting Circuits very easily especially Puts.

 

[timepass]

Open High

 

[fnoQ]

Hi, can anyone help me how to use " min " function in chartink scanner for the below condition ;
any one candle closed above its respective candle indicators value for previous 5, 6 candles ,
ie candle 1 close should be above candle 1 vwap value
or
candle 2 close should be above candle 2 vwap value ,
like that the scan should return results for scrips , any one of the previous 5,6 candles closed above its indicators value respectively ,
Thanks in advance.

 

[timepass]

So, the Bad Bank is finally here.

Cabinet approves issue of govt guarantees up to Rs 30,600 crore for security receipts to be issued by NARCL: FM Sitharaman
https://www.moneycontrol.com/news/e...sued-by-narcl-nirmala-sitharaman-7474101.html

Frankly, I don't understand this, but is it good for the banknifty

 

[Nish]

So, the Bad Bank is finally here.



Frankly, I don't understand this, but is it good for the banknifty

Good Mostly for PSBs , as their Bad Loans would be written-off from books ! ... For accumulation of new NPAssets !

 

[brokenbull]

First covid virus export out of wuhan,
Next shipping container shortage globally engineered by china.
Now chinese Port congestion & temp closure of ports causing supply chain shortage .
Talk down & crush the iron ore (from $200+to $100 in 1 month as of today at SGX) to crush the aussies (Indian ore co's like NMDC are in deep hole & forced to reduce iron ore price monthly)
China has increased prices by minimum 25 % of all pharma core ingradients(to all Indian big pharma final product manufacturers who export generics to USA are feeling the pinch+ 30-40% increase in shipping costs. no wonder all our pharma giants are down by 25-50% since july (except Sun,Cipla )
Crushing & disapperaring all the chinese tech billionaers , squeezing Macau gamblng dens is to take control from big corporates & mega rich.
China want to pinch common folks in USA with stagflation & destabilise the republic. USA is already resembling Venezuela with street crime & stagflation.They are able to print $. The day they losse that luxury ,they will become banana republic.
Never mind I loose 2 eyes,enemy should loose one eye atleast is china's scorched earth policy.
Evergrande $300 billion bankruptcy is only a starter. Pingan Insurance etc are 3 times size & all chinese Mega (govt) banks have lent 90% margin value to similar property developers. Most bankrupt property developers will be nationalised. all foreigners US/UK hedge funds holding china $ bonds wont get a cent.(already trading at 25cents on the dollar)
They are the first sacrifice. Hard landing in china is going to be at best engineered to a soft landing.
China is waging total war on USA with out firing a single bullet .
India's 15-20% commodity+shortage induced inflation is just collateral damage
(Our RBI to keep the job like all other central banksters lying thro their teeth that inflation is only 5-7% & is transitory.
Out Govt lying & giving a sop that is cutting excise duty on palm oils.
Why not cut the excise duty on imported crude oil ?(which was increased 300% when the crude fell from $80 to 10$ a barrel )
They are ok with Rs 100-110/litre petrol which increases inflation on all food stuff +others (if they scale back the extra excise duty increase on petrol/diesel ,prices should be arounf 75-80/litre) All forms of India media are muzzled ! Central enforcement agencies are ready to open an investigation on big industrial/media conglomerates if they cross the lakshman rekha!

China waging border war with India & daily threatening in TV that China's war on Taiwan is immenient is to keep the restless local population happy & diverting attention.

Despite all these head winds, we are here to make money from markets .......

 

[brokenbull]

Good Mostly for PSBs , as their Bad Loans would be written-off from books ! ... For accumulation of new NPAssets !

The total amount owed by top 50 willful defaulters is Rs. 68,607 crores (US$ 8 billion)
Basically RBI incorporates a "BadAssetBank".
All Govt & private banks under RBI (hegemony)mandate transfer their bad loans to this vehicle & receive cash +govt bonds (issued by RBI) in return & emerge with shiny clean balance sheet (by Rin.Surf, Det etc)
Badbank may give las little as 25 cents on the dollar or up to 50 cents . Depends on your connection !!!
BigBadLoan bank (aka RBI) writes of all un recoverable bad loans quietly after a few years & they reach badloan heaven & achieve nirvana+ attain samadhi .

This story was denied by RBI & RBI tweeted that it is the banks who are writing off not us.
RBI gave the following list of defaulters under RTI act.
You and me are morons working honestly.
all connected defaulters "who paid exit toll" are living it up in barbodas or Bahamas with a maritini in one hand & a local bimbo in another.

Our Private Bank Boy wonders (Axis,ICICI,Kotak etc are the blue eyed boys in stock market valuation )

Among the PSB banks only SBI (454), Canara(162) & Indian bank (137) stock prices are in 3 digits.
Rest all in 2 digits as follows : (Govt should merge all these public sector banks & make 1 PSB bank for East,West,South & North !)
Uco bank 13.9
Punjab & Sind bank :17.9
Bank of Maharashtra 19.3
IOB 21.85
Central Bank :23.2
Union bank 35.9 (after corporation+andhra merged)
Jammu& Kashmir Bank 38.7
Punjab National Bank 39.75(after merging OBC)
Bank Of India 58.25
Bank of Baroda 82.3