Intraday Trading

[kthakker0]

Nice analysis kthakkarji.
my view is that any sustainable genuine rally wouldnt be possible unless interest rate start declining.For this to happen inflation has to be tamed which congress has shown no intention whatsoever of doing.So enjoy these bear market rallies and make investments only if one is very long term player.This market is meant for traders only and that you have shown how should be done very well through this thread.Keep up the good work.

Hi,

My friend you have read the market signals correctly.

Congress is digging the path for the new gov through these so called reforms which are nothing but an eye wash, so that general public can see that inflation and interest rates are decreasing after all.

The stage is set to reduce the PLR in Oct's Credit Policy Review Meeting. The decreasing of interest rates is nothing but a slow death to Rupee and indirect rising of inflation.

Let the whole Business Fraternity say good things about these reforms but one thing is certain that large part of General Public will not be able to savor the fruits of these reforms.

Congress has Mastered the Art of Taking more from General Public rather then Returning / Giving it back.

Bye

 

[kthakker0]

OH , there is no "Economic" Bomb.



BTW, what is your system kthakkar ji, any information or excel, afl if provided please give info.

Hi,

Recently some where in this thread I have mentioned what my analysis is based on. Please go thru it. Besides I use plain free downloadable programs along with the related info from the net and I combine them from where I get the most reliable data.

The analysis which I do, did not come easily to me, it really took me a quite a long while to gather every piece of material I could lay my hands on, then came understanding part as to what the heck those things were, then it was analysis, really understanding the material also took it's toll, gathering the required confidence to trade my own analysis while over coming realities of intraday trade was another obstacle that I had to over come.

Just as every child is unpredictive so is the market, even this market is like a child but once you know how to play with it then it's a cake walk.

You have to be a child to play with the child and do thing which the grown ups will not do normally, "Take Risks"

Even now it takes me a while before I can analysis the info from various prog and get the required info.


Bye

 

[rangarajan]

Hi,

Recently some where in this thread I have mentioned what my analysis is based on. Please go thru it. Besides I use plain free downloadable programs along with the related info from the net and I combine them from where I get the most reliable data.

The analysis which I do, did not come easily to me, it really took me a quite a long while to gather every piece of material I could lay my hands on, then came understanding part as to what the heck those things were, then it was analysis, really understanding the material also took it's toll, gathering the required confidence to trade my own analysis while over coming realities of intraday trade was another obstacle that I had to over come.

Just as every child is unpredictive so is the market, even this market is like a child but once you know how to play with it then it's a cake walk.

You have to be a child to play with the child and do thing which the grown ups will not do normally, "Take Risks"

Even now it takes me a while before I can analysis the info from various prog and get the required info.
Bye

You have to be a child to play with the child and do thing which the grown ups will not do normally, "Take Risks
How true you are & correctly said.

 

[kthakker0]

26/09/2012 Wednesday

Hi all,

As said NF has multiple support below 5680, today NF opened, traded and retraced from below 5680 twice during the trading day but it did not break 5626 level which signaled that our rally is intact

Tomorrow's range is 5703-5665 and 5665 as the trend setter.

The last day of the series is always unpredictable. But since NF of Oct series is trading at a huge premium, this signals that rally is not dead yet and Oct NF trading above 5705 is the first signal to go long.

Bye

 

[kthakker0]

27/09/2012 Thursday

Hi all,

Some unpleasant news from around the world

• "Dow closes at highest level since December 2007 - Despite faltering Economy, Stubborn Unemployment, Accelerating Inflation and the highest level of uncertainty we've seen in decades." In short, US market is bubbled up by 50%. Under normal circumstances DOW should be 8,800/-
• Oil prices will only see one way "UP" $130 minimum by year end 2012, that's the consensus all around the world.
• US employment is not correctly reported by US gov.
• Breakup of EURO can and will be delayed but it cannot be ignored. PIIGS are forecasted to leave EURO (No Set Time Line), If they leave now the pain will be much less, but if they delay it then their countries economy will be decimated.
• Cheap money in the form of "Q3 Forever" and $ 640 billion from Euro will fuel Inflation all around the world.
• If price don't rise due to this inflation, currencies will be devalued to keep a man made balance in check. In other words "Price will Rise"

The above are some of the truth which are not spoken of in public and so goes unnoticed by the masses. But as the saying goes "You can hide the truth for some time but not for long."

And we are already feeling the effects of it in India, in the form of...

• Cap on LPG
• Rise in Diesel Price
• Increased Service Tax.
• Opening of FDI (Cheap Money for foreign companies to kill other economies)
• Rupees is already de-valued (from 44 it's now trading at 53-55)
• Gov employees DA is increased by 7%. Why are private salaried class people ignored?

Bye

 

[manish9300]

27/09/2012 Thursday

Hi all,

Some unpleasant news from around the world

• "Dow closes at highest level since December 2007 - Despite faltering Economy, Stubborn Unemployment, Accelerating Inflation and the highest level of uncertainty we've seen in decades." In short, US market is bubbled up by 50%. Under normal circumstances DOW should be 8,800/-
• Oil prices will only see one way "UP" $130 minimum by year end 2012, that's the consensus all around the world.
• US employment is not correctly reported by US gov.
• Breakup of EURO can and will be delayed but it cannot be ignored. PIIGS are forecasted to leave EURO (No Set Time Line), If they leave now the pain will be much less, but if they delay it then their countries economy will be decimated.
• Cheap money in the form of "Q3 Forever" and $ 640 billion from Euro will fuel Inflation all around the world.
• If price don't rise due to this inflation, currencies will be devalued to keep a man made balance in check. In other words "Price will Rise"

The above are some of the truth which are not spoken of in public and so goes unnoticed by the masses. But as the saying goes "You can hide the truth for some time but not for long."

And we are already feeling the effects of it in India, in the form of...

• Cap on LPG
• Rise in Diesel Price
• Increased Service Tax.
• Opening of FDI (Cheap Money for foreign companies to kill other economies)
• Rupees is already de-valued (from 44 it's now trading at 53-55)
• Gov employees DA is increased by 7%. Why are private salaried class people ignored?

Bye

Politicians have done the loot and they have to give a share of the loot to the people who help them in ruling this country.So they have DA raised for government employees.Sometimes i feel this whole democracy thing is a farce to stop people from revolting.After all in a democracy people choose the goverment so cunning politician can always shift the blame on the voters themselves for electing them.

Earlier there were many kingdoms and elites have to fight among themselves to get the big booty.It seems they became wiser with time and made agreement among themselves to loot in turns and play by some rules so as to avoid revolutions and executions by the masses.Democracy is the outcome of this power sharing agreement among elites of the society.
Recent history has examples of revolutions and execution of rulers in egypt libya etc. where the democracy wasnt a 'true democracy'.

 

[kthakker0]

Politicians have done the loot and they have to give a share of the loot to the people who help them in ruling this country.So they have DA raised for government employees.Sometimes i feel this whole democracy thing is a farce to stop people from revolting.After all in a democracy people choose the goverment so cunning politician can always shift the blame on the voters themselves for electing them.

Earlier there were many kingdoms and elites have to fight among themselves to get the big booty.It seems they became wiser with time and made agreement among themselves to loot in turns and play by some rules so as to avoid revolutions and executions by the masses.Democracy is the outcome of this power sharing agreement among elites of the society.
Recent history has examples of revolutions and execution of rulers in egypt libya etc. where the democracy wasnt a 'true democracy'.

Hi,

The lesson for all of us is...
Each for All and All for Each.

Only when we unite putting all our differences aside it's only then these bast@#$ can be taught a lesson and that too in their (Political) language.

Bye

 

[kthakker0]

27/09/2012 Thursday

Hi all,

Has the market participants read the article "Unpleasant News"?

NF which was trading at 5685 odd at the time of posting is now trading near 5650.

Gosh man! I'll have to be extra careful while putting any thing on the board.

Bye

 

[Bewinner]

Gosh man! I'll have to be extra careful while putting any thing on the board.

Ha Ha Ha Ha......

 

[kthakker0]

27/09/2012 Thursday

Hi all,

Tomorrow's range 5703 - 5665 again the trend setter is 5665 with Oct series closing above 5680 is a good sign to believe that rally still has life in it.

But every passing day brings the NF deeper in OB zone, but nevertheless cheap money will pour in India sooner as we are a big "B" Fools to give those firangs a cool 5+ % returns on their money which they get it for as low as 0.25 - 0.5%, other wise their country is not even capable to give them a decent 2+% returns.

With UPA II still not on a firm footing, market is a bit nervous and besides those who were stuck from 5700 are now selling as if there will be no tomorrow.

So patience is our virtue and 5626 is our Strict SL for all longs in any adverse circumstances.

Bye