Traderji Twitter : Debarghya Mukherjee

#12
Now market will remain volatile. Experts will find out many meanings of RBI reports, poor traders will follow them, some will make money some will loose.
 
#16
Charts show upside to Nifty, but lay off a while: Sukhani @ Fri, Dec 16, 2011 at 12:42

"Nifty ends below 4700: Experts see more downside" @Fri, Dec 16, 2011 at 16:30

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#18
Ya buddy, I am calling them. Soon they will send you a long mail, at the end they will say "make sure Govt let you do all these" . :D

ASK RBI to let me handle something.... :)
 
#19
A gain in small business hiring, a pickup in online job advertising and an increase in job openings all indicate things are getting better on the employment front though still far from the level of hiring needed to make a dent in unemployment.

Where are they going to work? Rupee depreciated IT market?
 
#20
RBI did nothing to the market. RBI's intervention in currency market was known throughout the day. Then RBI credit policy came as expected. There was nothing unexpected in RBI policy . The market went up on announcement of the policy. But as the major hurdle was out of the way, the underlying trend re-surfaced. As traders we need to remember that market can reverse anytime and be prepared to reverse with the trend.

The panic was because in the morning many people bought but they did not liquidate when the market started crashing . If you see the VWAP of Nifty Futures, the difference was 125 points in the end. Which meant that lots of positions were made at higher prices.Bulls got frozen by the sudden reversal and they held on to their loosing positions till the end and in last few minutes all round panic set in.Some programmed selling , some margin selling....all added fuel to the fire.


Smart_trade
 

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