Welcome to our real-time market analysis and advisory platform, The Trader’s Den (traderchat). The Traderchat has been providing trading signals and advice to HNI traders since 2006. Previously, the advice was imparted through other medium of communication. Vinith Jain and Abhijit Phatak moderate the room with constant up to the minute trade setups and overall market direction and intraday timing for the professional trader. The room provides both intraday trades, lasting anywhere between 10mins to 2hours, along with longer swing trades lasting 15days.

Vinith Jain, works on the overall market strategy and focuses on the intraday and swing trades. Swing trading relies on the interpretation of the length and duration of each swing. Each swing defines important support and resistance levels, or prices where the market can be expected to find increasing supply or demand. We also measure the momentum of each swing, to determine whether momentum is increasing or decreasing. Trade’s on stock futures is scaled out in two parts. The entry and exit points are based on the market rates and hence trader is required to be swift to place his bets as per the given range.

Abhijit Phatak, is our specialist in Nifty Futures (NF) trades, the derivative contract which is traded the most on National Stock Exchange. Along with trade initiation, the professional trader is advised on trade management and exit points on a minute to minute basis. Trades on NF are scaled out in two or four parts. This facilitates in capturing a longer trend during the trade. Often the entry points are based on the market rates while the exit points are posted well ahead of time, giving advance notice to the traders that the market is approaching an exit point for a particular trade.

The Chat Room members can also obtain help from the other TraderChat team, which is present in the room during the trading hours. The Team assists both the moderators, and also facilitates a constant interaction with the members to improve his/her understanding about the trading strategies followed in the room. The Team also assists in solving queries or communicating the same to the moderators.