General Trading Chat

[Nish]

Its official, NSE has discontinued all weeklies except Nifty so we go back few years when it was the same.

From last few days , I stopped posting abt BN.

And sticked to N charts only, So may be , that was a hint in advance !

 

[travi]

They have kept the monthlies, so whether they expire everyday then monthly week will have expiry everyday

 

[Raj232]

SUVEN [SUVEN LIFE SCIENCES] - Can anybody post their Fundamental / Technical analysis on this stock counter - SUVEN [SUVEN LIFE SCIENCES]
Person working in the co. says stock will be a multibagger with base price at 150/- currently stock is trading at 140. However it is subsidiary of Suven Pharma and doing research on various drugs / pills / molecules / etc.

Moderate to Severe Major Depressive Disorder (MDD)
Phase-1 Clinical Trial of SUVN-I6107, a True Muscarinic M1 Receptor Positive Allosteric Modulator (M1-PAM)
Phase-2 Positive Results on Samelisant (SUVN-G3031)
Phase-2 POC Clinical Trial of Ropani

Once commecialization starts, stock is likely to trade at approx Rs 2000+ (Current price is Rs 140/-
It is not a high volatility stock.. it is a BUY and HOLD type multibagger type. Views please !

 

[timepass]

Mobius Joins Goldman Bet on China Boost for EM Equities

https://finance.yahoo.com/news/mobius-joins-goldman-bet-china-094201179.html

I suppose this will also have a spillover effect on other EMs.

 

[timepass]

So, China is making the markets wait before more stimulus comes through.

China Puts Investor Patience to Test as Key Briefing Underwhelms

https://finance.yahoo.com/news/china-puts-investor-patience-test-035513108.html

The rate cuts are waiting too. I guess the further moves will depend on the quarterly results. Reliance on Monday.

 

[timepass]

So, the market is going long into Reliance results.

 

[travi]

yeh India CPI ko ya hogaya

 

[timepass]

yeh India CPI ko ya hogaya

Seems like you don't buy ginger / onions / greens / groceries yourselves

Also, there was some policy change restricting palm oil imports so the price of cooking oils is shooting up. I used to by unrefined coconut oil @Rs.320 per kg, but the day before yesterday it was Rs.360 and the shopkeeper said that it would go up 400+ !!!! It seems that the price of raw materials for all the oils has shot up.

Green coconut has gone up from about Rs.50 to 65+

 

[tradermodified]

N : Is this BULISH pattern visible on 30m chart ?

IMO, The pattern is more like a bullish triangle than I H&S.

I H&S or C&H may form at/around 25600

 

[tradermodified]

N50

On crossing and staying above 25200
N50 to move for 25300/25450

ltp 25064