Intraday Trading

kthakker0

Well-Known Member
But isn't that the reason for the December rally, normally called the "Christmas" rally ??
All FII's dealer's in India work on commission.

Dec is their book closure month which show's their performance.

Their next year's budget get's worked out as per their current year's performance.

Investments if profitable are not touched, who would like any negative remarks in terms of trading losses (if any)


Bye
 

kthakker0

Well-Known Member
31/10/2013 Thursday

Hi,

There is an intraday gap of 35 points is between NF Oct (6300) and Nov (6335) Series, this gap needs to be filled, perhaps it may happen tomorrow.

6330-6350-6370 is a strong resistance zone, even if market rallies initially, technically it should not be able to over come the above zone.

Because as per Gann if 6370 is violated then NF will be in a totally high trajectory path,

Bye
01/11/2013 Friday

Hi,

The intraday gap is nearly covered, and NF has not breached 6370 as of yet.


31/10/2013 Thursday

Hi,

BankNifty 11250 is an important level and it's resistance it btwn 11600-11780

Today's close of 11450 is near another important level of 11470

BN trading btwn 11600-11780 calls for sqr'ing the long trades.


Bye

Even BN has not breached it's 11780 level

but there are indication that easy money will thrash these levels and NF may trade at / > 6400 and BN at / > 12500

Right now all NF sellers keep a strict SL of 6370 and BN 11800

Bye
 

kthakker0

Well-Known Member
01/11/2013 Friday

Hi,

There seems to be strong support at 6328.

Ans so market had fair chances of breaching 6400+ on or before Muhurat Trading day.

For now bulls can keep a near SL of 6328 and far strict SL of 6299 and go for 6390 - 6405 As said close below 6328 will be good news for bears.

Seller on the other hand should keep a strict SL of 6370

Bye
 

kthakker0

Well-Known Member
01/11/2013 Friday

Hi,

There seems to be strong support at 6328.

Ans so market had fair chances of breaching 6400+ on or before Muhurat Trading day.

For now bulls can keep a near SL of 6328 and far strict SL of 6299 and go for 6390 - 6405 As said close below 6328 will be good news for bears.

Seller on the other hand should keep a strict SL of 6370

Bye

01/11/2013 Friday

Hi,

See how the easy money can thrash the market from bottom to top

I am still waiting for my levels NF = 6370 n BN = 11800 to be breached for market to trade in higher trajectory.

NF is far by 0.05 paisa and BN by Re 1/-

Easy Money kutch bhi kar sakta hai.

Bye
 

kthakker0

Well-Known Member
03/11/2013 Sunday

Hi,

The news says that...

The Sensex has made a new high, but only eight stocks have contributed around 70 per cent of the upmove.

Cigarette maker ITC has contributed 12.50 per cent to the Sensex's rise. Infosys, TCS, ICICI Bank, HDFC Bank, HDFC, Tata Motors and Reliance Industries are the other stocks that have contributed significantly to the current rally.


This shows the extreme polarization in the markets.

Keeping a list of highest CP (Today or Friday's) of all the above stocks will definitely help in deciding the market sentiments from Tuesday onward's.

So when the above stock tanks down the market will follow it more swiftly.


Today's LTP of 6350 is not good going forward, as it shows early signs of rally getting exhausted. Even today NF was not able to sustain at higher levels and it just broke down.

If Official CP is below 6348 then the rally (if any) will be used to sell more rather then buying.


Let this and all the coming Year's be a Prosperous Year's for Indian Traders.

FII's nay bhaut kamaliyea, hum bhi thoda bhaut toa kama he latay hai. Lekin yea Greed (Laa-lach) salli "Thoda Aur, Bus Thoda Aur..." bol, bol kay dimag kee souch nay disha hi badal day te hai. Kher apany dimag kee apnee souch kabhi galat nahi hotee, aakhir dimag bhi tao apna he hai. Toa Laa-lach buri kyu hoti hai? Salla, aiysa kaun saa market hay jo Laa-lach kay bina chalta hai?

Please, NGO's ya phir Non Profit Org ka name mat likhna.

Bye
 

kthakker0

Well-Known Member
03/11/2013 Sunday

Hi,

The news says that...

The Sensex has made a new high, but only eight stocks have contributed around 70 per cent of the upmove.

Cigarette maker ITC has contributed 12.50 per cent to the Sensex's rise. Infosys, TCS, ICICI Bank, HDFC Bank, HDFC, Tata Motors and Reliance Industries are the other stocks that have contributed significantly to the current rally.


This shows the extreme polarization in the markets.

04/11/2013 Monday

Hi,

Companies with their respective last week's CP
ITC: 337
Infy: 3369
TCS: 2118
ICICI: 1142
HDFC Bk: 693
HDFC: 862
TATA Motors: 394
RIL: 921

Except for TATA Motors all the other are trading below their CP

Monitor their CP and trade on the sell side.
They dip NF dips
They consolidate NF more or less rises,

NF 6367 is an important level as...
> it's 6387 - 6407.
< it's 6348 - 6328.

Let's see kya hota hai.


Bye