Intraday Trading

muinali

Well-Known Member
-------------------------
 

kthakker0

Well-Known Member
11/11/2013 Monday

Hi,

NF closing below 6133 is very well poised to reach 6094 - 6065 levels from where a quick recover is very much anticipated.

Bye
12/11/2013 Tuesday

Hi,

An anticipated quick recover happened very much as forecasted yesterday.

NF has rebounded after nearly trading nearing 6094.

Now if NF CP is above 6133 then the higher target is btwn 6211-6250

Bye
 

mangup

Well-Known Member
12/11/2013 Tuesday

Hi,

An anticipated quick recover happened very much as forecasted yesterday.

NF has rebounded after nearly trading nearing 6094.

Now if NF CP is above 6133 then the higher target is btwn 6211-6250

Bye
what will be the sl for this long?
 

kthakker0

Well-Known Member
12/11/2013 Tuesday

Hi,

All the news of Tapering and US deficits, Europe etc are summarized as...

Fed is buying some 85 billion worth of US treasuries every month, this money is used to keep US Companies, US Market, US Economy, even the US Government in (so to speak) "Good Shape." But are they really in "Good Shape"

US Gov, in essence is trying to revive something which is dying a slow death, the death blow came in the form of "Mis-handled Property related Exotic Financial Securities" which had no backing of real property what so ever.

The US Gov is bulging it balance sheet with "Trillions" of $$ in form of debt. The question is, How is US going to pay for all those debt and that too along with interest.

If you go thru some of the US Financial, Stock Market, Hedge Funds and other related web sites, the answer found was in the form of "jalaybe" but summarized below.

US gov is and will not be in a position to be able to re-pay all the debt that it is taking on its balance Sheet. It will default, much sooner then later. And Tapering is 1st step in the direction of default.

About India
A Fraction from those 80 Billion also keep's (popat) market like our's in "Virtual Good shape", all thanks to the ("Dreaded FII's) which are wickedly and infamously backed by Chiddu. We needed FDI and Chiddu gave FII's.

But are we in "Good Shape"?
  • More the 80% of our Mid-cap Companies are 50% - 90% down from their original High.
  • Sensex and Nifty are dancing on a handful of "A Grade" Companies in which FII's are present.
  • FII's have money with "Zero" % interest and they are stuffed with this easy money.
  • Even if they park this money as FD they'll get 8-9% yearly, deduct expenses still they get 4%
  • Indian stock market gives them return's in multiples of % every quarter.
  • What will happen when these wicked FII's presses The Dreaded "Sell Button"
  • How many of us (Indian Traders, Investors, DII's can stand with that kind of "Sell onslaught"
  • All the "A Group Darling" companies will over night become "D Company"

Conclusion
Dear Traders: It's "Deflation" we are talking about. The inverted cousin of "Inflation"

Right now we are crying against high onion prices, but "Deflation" will rot those onions as there won't be any takers even if they are given free.

Nothing will be safe in Deflation, as price of nearly everything will collapse, when "Real Deflation" start's showing its "Not so Good but Ugly Body"

Bye
 

sabhlok_r

Well-Known Member
12/11/2013 Tuesday

Hi,

All the news of Tapering and US deficits, Europe etc are summarized as...

Fed is buying some 85 billion worth of US treasuries every month, this money is used to keep US Companies, US Market, US Economy, even the US Government in (so to speak) "Good Shape." But are they really in "Good Shape"

US Gov, in essence is trying to revive something which is dying a slow death, the death blow came in the form of "Mis-handled Property related Exotic Financial Securities" which had no backing of real property what so ever.

The US Gov is bulging it balance sheet with "Trillions" of $$ in form of debt. The question is, How is US going to pay for all those debt and that too along with interest.

If you go thru some of the US Financial, Stock Market, Hedge Funds and other related web sites, the answer found was in the form of "jalaybe" but summarized below.

US gov is and will not be in a position to be able to re-pay all the debt that it is taking on its balance Sheet. It will default, much sooner then later. And Tapering is 1st step in the direction of default.

About India
A Fraction from those 80 Billion also keep's (popat) market like our's in "Virtual Good shape", all thanks to the ("Dreaded FII's) which are wickedly and infamously backed by Chiddu. We needed FDI and Chiddu gave FII's.

But are we in "Good Shape"?
  • More the 80% of our Mid-cap Companies are 50% - 90% down from their original High.
  • Sensex and Nifty are dancing on a handful of "A Grade" Companies in which FII's are present.
  • FII's have money with "Zero" % interest and they are stuffed with this easy money.
  • Even if they park this money as FD they'll get 8-9% yearly, deduct expenses still they get 4%
  • Indian stock market gives them return's in multiples of % every quarter.
  • What will happen when these wicked FII's presses The Dreaded "Sell Button"
  • How many of us (Indian Traders, Investors, DII's can stand with that kind of "Sell onslaught"
  • All the "A Group Darling" companies will over night become "D Company"

Conclusion
Dear Traders: It's "Deflation" we are talking about. The inverted cousin of "Inflation"

Right now we are crying against high onion prices, but "Deflation" will rot those onions as there won't be any takers even if they are given free.

Nothing will be safe in Deflation, as price of nearly everything will collapse, when "Real Deflation" start's showing its "Not so Good but Ugly Body"

Bye
Thakker Bhai...itni bhayanak tasveer.. bachhe dar jayange:eek:
 

kthakker0

Well-Known Member
12/11/2013 Tuesday

Hi,

I think that market is going to crack below 6094 and trade at 6000 levels.

Just in case
  • Buyers keep SL btwn 6094 - 6065
  • Sellers keep SL btwn 6127 - 6135

I m neutral as of now.

Let's c what happens.

Bye
12/11/2013 Tuesday

Hi,

Confession:
I asked myself, as to why am I not taking risk on my own forecast.

The answer did not allow me to remain neutral. It also made me aware that my forecast are worth taking the minimum risk that it calls for.

Till now I have never regretted my trade decisions weather profit or loss.

But, I certainly would have regretted this one, if I had remained neutral.

I sold NF and was prepared for either one of them "Loss" or "Profit".

This market is all about forecasting and walking on that forecasts.

IIP and other data have inflected a heavy blow to Congress and specially to chiddu who was basking in 6%+ GDP where as the whole other bunch was talking about 4% GDP. This has also given required ammo to RBI in respect to raising interest rate in Dec policy.

11/11/2013 Monday

Hi,

NF closing below 6133 is very well poised to reach 6094 - 6065 levels.

If for some reason market break down and NF closes below 6065 then 6000 - 5938 is more on the cards.

Chalo yaar dekh latay hai kee hota kya hai. Jo bhi ho Laxmiji ko toa humara ghar he aana hai.

Bye
Taking the above into consideration tomorrow NF could trade btwn 6035-6015-5996 and from here on there are chances that bulls could take over the reins very quickly and many would again be trapped in bear trap.

So lets c what happens tomorrow.

Bye
 

kthakker0

Well-Known Member
12/11/2013 Tuesday

Hi,

Tomorrow NF could trade btwn 6035-6015-5996 and from here on there are chances that bulls could take over the reins very quickly and many would again be trapped in bear trap.

So lets c what happens tomorrow.

Bye
13/11/2013 Wednesday

Hi,

I was ready even before this rally took place and I have taken the utmost advantage of the same.

NF retraced rapidly from our target has completed it morning forecast.

For me from now on it's a buy on dips for 6200-6250 levels

Let's c what happens.

Bye