Intraday Trading

kthakker0

Well-Known Member
28/09/2012 Friday

Hi all,

NF open above 5705 was the signal to go long for 5782 target. Strong support is at 5743

If NF sustains trading above 5782 and if the Elliot Wave counts are correct and anything to go by then the next target is 5940.

But between 5940 and 5782, 5821, 5860, 5900 are some profit booking levels

But if for some reason market goes down then 5705 is my SL for my longs.

Bye
03/10/2012 Wednesday

Hi all,

The above forecast still holds true and tomorrow is the day when we will know what can be expected from the market.

The split verdict floating around in the market about NF is, weather NF will hit 5900 or 5550. And this will be known by tomorrow's NF H-L range.

In case of drastic fall in NF, keep 5743 as the near SL and 5705 as strict SL.

I'll still bet for 5782 level and then form a new strategy as per the market mood.

Bye
 

kthakker0

Well-Known Member
01/10/2012 Monday


Above 5742
NF trading above 5742 should see passing recent high (5766) then 5772 and then it's our target 5782


Bye
03/10/2012 Wednesday

Hi all,

Slowly and steadily we are reaching our target and tomorrow I'll sell all my longs and perhaps even go short.

If tomorrow's we have a high opening at or near 5782 then that's the time to book the awaited profits.

Bye
 

Attachments

Last edited:

kthakker0

Well-Known Member
03/10/2012 Wednesday

Hi all,

  1. Raja, Kalmadi made Parliament panel members, Cong sees no wrong.
  2. Subramanian Swamy says Mid-Term General Elections by March 2013.
  3. Inflation still a "Major Concern" for RBI
  4. RBI to consider Diesel price hike and it's impact on Inflation and only then it will take a call on any interest rate decision.
  5. Derogatory remarks by Coal Minister in regards to wife, sparks resentment among women. What else can you expect from a nearly uneducated person.
For us, only 3 and 4 are important as of now. Others are not relevant as of now, but nos 2 can spoil our party if it materializes.

Bye
 

vinst

Well-Known Member
03/10/2012 Wednesday

Hi all,

Slowly and steadily we are reaching our target and tomorrow I'll sell all my longs and perhaps even go short.

If tomorrow's we have a high opening at or near 5782 then that's the time to book the awaited profits.

Bye

Hi,

can u post a larger image? the attached one was too small to read.

thanks
 
Hi,

can u post a larger image? the attached one was too small to read.

thanks
Also, Thakkerbhai, to attach images, instead of "Manage Attachments" option, upload them on an external website and post the link here.

see my signature for instructions about uploading images. "Manage Attachments" has a limit of 100kb only.
 

kthakker0

Well-Known Member
Also, Thakkerbhai, to attach images, instead of "Manage Attachments" option, upload them on an external website and post the link here.

see my signature for instructions about uploading images. "Manage Attachments" has a limit of 100kb only.
Hi,

can u post a larger image? the attached one was too small to read.

thanks
Hi,

Thanks for your comments and suggestions infact I was going to ask, if someone can instruct me on how to upload the charts.

Thank you once again. I'll definitely try to upload charts which can be seen properly.

NF opening above our target of 5782 and that too with a gap was a sign that bulls are still on the pitch.

With this gap up and achieving our target NF has reached the extreme OB zone as of now.

5820 seems to be giving a meaningful support for now but when NF trades below 5818 then we shall see some selling / profit booking taking place and perhaps it should touch our 5782 target

We have achieved our target today as forecasted a couple of days ago.

Lets see what the market has in store for us from here on.

Bye
 

kthakker0

Well-Known Member
28/09/2012 Friday

Hi all,

If NF sustains trading above 5782 and if the Elliot Wave counts are correct and anything to go by then the next target is 5940.

But between 5940 and 5782, 5821, 5860, 5900 are some profit booking levels

Bye
04/10/2012 Thursday

Hi all,

Early indicator are signalling that if NF converts the support of 5820 in a catapult then it can propel itself to 5938 levels.

But make a note that with new High, NF will have the equal and opposite reaction force which can throw it back.

But as long as NF is rising follow the above levels with a strict SL for longs

Bye