General Trading Chat

[tradermodified]

BN/N50

How long these sideways moves will continue. (though N50 moved good up side)
but
One needs to be cautious with such moves.

 

[timepass]

BN/N50

How long these sideways moves will continue. (though N50 moved good up side)
but
One needs to be cautious with such moves.

Banknifty is still diddling around its 3ema (51100-200)

 

[timepass]

It's not yet out of the woods, but you never know :

https://www.elearnmarkets.com/school/units/candlestick-patterns/bullish-and-bearish-harami-pattern

 

[Nish]

N posible Resi as per chart ???

 

[timepass]

RBI Policy in a few minutes now. Then premium eating will start in BN options. Then after some time, the RBI Governor's press conference.

Looks like nothing to do before noon today.

 

[tradermodified]

RBI governor Shaktikanta Das-led Monetary Policy Committee on October 9 announced that the repo rate has been kept unchanged.

 

[tradermodified]

BN

51100/51000 shall be the decider zone.
On staying below 51000 the fall will be deep to 500/900/1400 points.

ltp 51452

51100/51000 has become the decider zone again for a fall.
Else on crossing and staying above 51250 to move for 51450/500
and
on crossing and staying above 51600 to move for 500/700/1000 points.

ltp 51209

 

[timepass]

Banknifty CEs are at a discount but the PEs have premium. I wonder if a downside is coming.

But that @$@$# vix is down

 

[Nish]

N behaved exactly as per the chart posted and got resi around 25250 odd !

Now N below 25000 !
But would N take sup around 24950 odd and psibility of a strong rebound towards 25350 plus in a day or 2 /3 days ???

Finger crossed !
View STRICTLY for Study Purpose !
Q marks represent a dis-claimer to pl do your own study with proper SL !

 

[tradermodified]

N50

Staying below 25000
to move for 24750/700 levels.

ltp 24982