Intraday Trading

[timepass]

.............deleted.............

 

[kthakker0]

Ye samajh nahi aaya. Did you mean "closes above 5722" ??

Hi,

My mistake.

It is indeed 5722 and not 5622.

I have also corrected in the notes as well.

Thanks for pointing my error.

Bye

 

[kthakker0]

10/10/2012 Wednesday

Hi all,

UPA II has got a very thin lifeline due to its anti-people decision.

• High Commodity price coupled with high inflation is hurting India's Growth Prospects.
• Maya chose to keep UPA II guessing while towing the support line in her favor.
• S&P again sends negative rating signals if India fails to reverse its bad financials standing.
• FDI is a bad word and Civil War Lines are already drawn between UPA II on one side and all others.
• December Assembly elections will be a confirmed indicator of what to expect in coming General Elections for UPA II.
• US will repeat it's market history after the rally of 1929 and 1939.
• Sharad Pawar told it's supporters to be ready for early General Elections.

With all the signs indicating of early General Election, how will the unleashed reforms see the light of day.

Even if RBI reduces the interest rate how much of it can / will be converted into growth opportunity.

For now the fall is subdued, but if things go from bad to worse then this fall can be... you know what I mean.

Bye

 

[manish9300]

IS stock investment a good hedge against inflation?Look at the price of gold and the price of nifty in 2008 and where they are now.Why price of stocks are not rising just to keep up with inflation?Is it becoz quality of the businesses isnt same or is it becoz of falling rupee?

 

[kthakker0]

IS stock investment a good hedge against inflation?Look at the price of gold and the price of nifty in 2008 and where they are now.Why price of stocks are not rising just to keep up with inflation?Is it becoz quality of the businesses isnt same or is it becoz of falling rupee?

Hi,

The only thing that I know is, if inflation is troubling you then you earn from any which way you can to protect your self. And in this process whether you invest in stocks or gold or silver or for that matter any type of instruments does not matter as long as they give you not only good but very good returns.

So if I were you I would stop troubling my self with gold / silver / etc and invest and or speculate in instruments that gives me returns in comparison to % of my capital employed.

Bye

 

[kthakker0]

10/10/2012 Wednesday

Hi all,

Today we saw gap down which is still open this indicates that market sentiment is bearish.

Tomorrow's range is 5703-5665 with 5674 as the Trend Setter.

As already mentioned that my target below 5704 is between 5685-5626 and now if NF closes below 5665 then I'll go for 5626 target.

One by one Congress leaders are found engaged in one type of corrupt activity or the other. Even our very own Law Minister is not far behind, after all who can dare catch a Law Minister. And no marks for guessing, that like any other Congressman he is also innocent.

With all these innocent Congressman around us we (The Indian Citizens) should be called the only surviving saint species of Mahabharat and Ramayan Times.

I think we have outlived our expiry date, and now we have to adapt to changing times or as Charles Darwin said "Only the Fittest and Adaptable Species will Survive."

If we don't adapt we might not get a mediclaim or a life insurance in the Times and Land of Congress.

Bye

 

[manish9300]

hmmm....i am a trader only.i make no investment save for bank fd.i raised this question coz i have read in books that share investments are good way to fight inflation but it is only turning out to be a myth.Another myth is that all government backed fds are 100% safe.One should tell this to ppl investing in greek government bonds.lols.
Global investor face the risk of soverign goverment default and local investor face the risk of goverment stealing away the value of the money through inflation.So the point is risk is everywhere.......there is no such thing as 'safe investment'.

I was only seeking your opinion coz you like to discuss how political economical factors influence markets .Anyways .....will keep posts related to trading only now onwards.

 

[smartshahezad]

hmmm....i am a trader only.i make no investment save for bank fd.i raised this question coz i have read in books that share investments are good way to fight inflation but it is only turning out to be a myth.Another myth is that all government backed fds are 100% safe.One should tell this to ppl investing in greek government bonds.lols.
Global investor face the risk of soverign goverment default and local investor face the risk of goverment stealing away the value of the money through inflation.So the point is risk is everywhere.......there is no such thing as 'safe investment'.

I was only seeking your opinion coz you like to discuss how political economical factors influence markets .Anyways .....will keep posts related to trading only now onwards.

risk is everywhere manish.. even breathing is risky these days.. in terms of trading and investment, you need sound money management skills to have an edge.. protect your capital with SLs and hedging and have sound risk reward ratio.. stick to the trading plan and don't let emotions get the hold of you.. these are the basic tips everywhere and it may not take away the risk but will ensure your survival for the longer period.. you won't get washed away or die as a trader or investor..

 

[timepass]

5703 crossed.. reversal or upside ?? 5722 resistance ??

 

[kthakker0]

5703 crossed.. reversal or upside ?? 5722 resistance ??

Hi

follow levels above 5722 ie 5742, 5782 both could resist the rally when NF trades above it then further rally is expected.

Bye