General Trading Chat

[timepass]

@Raj232 , based on your technicals, I am looking at this chart setup.

The way I see it, the problem would be holding it for a scalper mindset.

How do you hold it ? Do you keep an eye on the screen all the time or do you keep trailing your stoploss ?

I am using hollow candles and ATR trailing stops.

For added confirmation I have added the ADX.

 

[doctorshah]

Hi, I want to know if I can set off Long term capital gains against short term capital loss

no

 

[sumantra]

Sigh. Time to buy pharma, maybe. Any recommendations ?

From painkillers to antibiotics, these medicines will be costlier after 1 April
https://www.livemint.com/news/india...be-costlier-after-1-april-11680063591957.html

Thanks for the information.

 

[timepass]

Banknifty is away from its 3ema for the second day today.

 

[Verde]

Not finding a single trade in their option chain.. no open interest either.. ?

https://www.bseindia.com/markets/Derivatives/DeriReports/DeriOptionchain.html

have a look .. just in case my browser needs upgradation or issue with my internet

BSE is like that....there is no F&O volume. They started weekly options long before NSE.

Making Friday as expiry is a master move to attract traders because many times the institutions keep expiry Thursday flat to allow their sold options to expire worthless and then move the market on Friday to get buyers in.

I hope they make the Bankex expiry on Wednesday and bring in market makers else volumes may not return.

 

[timepass]

BSE is like that....there is no F&O volume. They started weekly options long before NSE.

Making Friday as expiry is a master move to attract traders because many times the institutions keep expiry Thursday flat to allow their sold options to expire worthless and then move the market on Friday to get buyers in.

I hope they make the Bankex expiry on Wednesday and bring in market makers else volumes may not return.

I think that Friday was also the expiry of the old "badla" trades, right ?

 

[timepass]

TV news : RBI Governor pauses the rate hikes "for this meeting"

So, my FDs won't fetch me higher interests

Good for the markets.

 

[timepass]

How will this news affect the gas companies ? IGL/MGL/GAIL etc ??

Centre changes gas pricing formula, imposes cap on rates of CNG, piped cooking gas

https://www.businesstoday.in/latest...es-of-cng-piped-cooking-gas-376444-2023-04-06

 

[timepass]

Guys, I have received the quarterly settlement from the other brokers in my bank, but not yet from @Finvasia , despite the notifications in Shoonya.

Anyone else ?

 

[VJAY]

Guys, I have received the quarterly settlement from the other brokers in my bank, but not yet from @Finvasia , despite the notifications in Shoonya.

Anyone else ?

I recieved it on thursday night itself from FV