Intraday Trading

[mangup]

Happy new year to you too n best of luck for new assignment!

 

[kthakker0]

dear sir 6335 is fib level? if yes for what ranges

Hi,

Fibonacci has various levels and each level corresponds to a particular ratio, depending on what type of Fib calc you are making.

Which ratio and which Fib level are you talking about, and what type of calc are you making?

6335 is the highest price recorded when market was passing thru Gann Turning Days.

So you'll have to provide me with enough info to give you correct / meaningful answer.

Bye

 

[kthakker0]

27/12/2013 Friday

Hi,

NF high of 6359 has technically ended the rally.

Any high made should be used to go short or sqr up long.

But if the rally is to be sustained then it has to close above 6410 else

It's a Seller Paradise

Bye

02/01/2014 Thursday

Hi,

Wow! what a fantastic Bull Trap for all gullible traders.

Those who are / were and are still short will be laughing at all those who had bought.

So keep laughing till the time you make profit.

Bye

 

[prabhsingh]

Any targets to watch out for reversals?

 

[kthakker0]

Any targets to watch out for reversals?

There are two levels 6250 and 6094

At which level does market take support is to be seen.

Bye

 

[kthakker0]

03/01/2014 Friday

Hi,

While keeping a near SL of 6199 and a max SL of 6191 go long for 6240, 6270 and 6290.

Trading above 6290 could trade till 6330.

Let's C what happens

Bye

 

[kthakker0]

03/01/2014 Friday

Hi,

While keeping a near SL of 6199 and a max SL of 6191 go long for 6240, 6270 and 6290.

Trading above 6290 could trade till 6330.

Let's C what happens

Bye

03/01/2014 Friday

Hi,

1st target achieved and profits banked when NF traded above 6240.

Let's wait for other targets to be achieved (perhaps) on Monday.

Bye

 

[kthakker0]

06/01/2014 Monday

Hi,

I have just come across a news item...

The news says that BJP is contemplating to "Abolish Service Tax" as one of his Manifesto itinerary.

If this is true, then...

• What would be the burden on India's Financial System in terms of deficit as presented by Congress if ST is abolished.
• Is BJP's view flawed in coming to this judgment of abolishing Service Tax?
• If BJP's view is not flawed and India can progress without ST then why did Congress successively (in each budget) not only increased the ST but also increased the number of services under the Service Tax gamete and collected about 1.20 lakh crore this fiscal.
• Where and in which areas have Congress spend this huge ST money.
• If fiscal deficit is not affected even after increasing the ST in terms of % ?and number of services then why was it introduced?

We have already started living under the pressure of ST, it hardly makes any difference to us as of now.

But understand the fact that if Service Tax pressure Is Removed and then we come to know that the pressure was artificially created then what will happen.

Is it a new scam in the making?

Bye

 

[sabhlok_r]

Thakker Bhai, wish u a very happy new year.

How does dlf look to u for this month? Is 170 a good level to short? If yes then what target should we look for?
(Since you mentioned that you are working on stock fut too, so came up with this query)

 

[kthakker0]

Thakker Bhai, wish u a very happy new year.

How does dlf look to u for this month? Is 170 a good level to short? If yes then what target should we look for?
(Since you mentioned that you are working on stock fut too, so came up with this query)

hi,

A very happy new year to you as well.

As far as DLF is concerned it's in sell mode
If you are a seller then keep the following SL as per your Money Mgnt policy.
168.75
172.00: It if trades and closes above 172 then sellers prudent policy should be to cover it.
176.35 Max

Although the target is below 120, but when it is achieved is a good qts that is any one's guess.

Bye