Intraday Trading

kthakker0

Well-Known Member
Why do u ppl think that such corruption didnt existed before.Its only becoz of new media like new channels .. internet and laws like RTI that it is becoming more difficult for political class to keep them hidden.
Look at corruption in western countries like italy greece ...and financial mis management in USA Japan.Ruling classes act same everywhere.They loot us illegally through scams and grafts and they loot us legally through QEs ..inflation and higher taxes.
Indirect form of Democracy is the biggest scam going of all time.
Hi,

This is not directed to Manish it is for all of us. Ok! so please take this article with light heart and usher Best of Luck to our Motherland India. And let everyone know that we are not Banana Republic as said by Robert

We all know and for this one reason we will all come together on one stage and also say the same thing with one voice that India in it's Yester Millennium Years i.e. Ram Rajya, had no locks for the doors.

So this proves that we were and still are tolerant people and we have complete faith in the system that our leader chooses for us.

We followed it in Ram era and till date we are following the same, in between periods we had The Ashoka's, Chandra Gupta Morya, Chanakya, Shivaji Maharaj, Jhansi kee Rani, The Mighty Mughals, The British and various other big and small kings and kingdoms.

If the King / Rulers / Political Leaders are good at heart (Rajendra Prasad, Vallabhbhai Patel and the likes) and works for the betterment of the society and public at large then we don't need RTI, nor any Media will waste time on unnecessary arguments, instead we would be discussing works of merit which would have helped India to become self sufficient in all aspect of necessity and would have gained common and respect from the whole world.

But instead of Uniting we are Fighting among ourselves and are ignoring the issue in front of us. Guys, Corruptions is our main issue who commits it is secondary. It is by the virtue of our belief that our leaders are good people we are facing this unhappy time.

History has all the required proof that we have fought injustice tooth and nail whenever required and when ever our Leaders / Kings have called for the same.

This time the leader (Perhaps) is Arvind Kejriwal so if we all think that he and his IAC team can at least clean up some mess and allow us regain our lost faith in our political leaders, why not give him a chance to let him prove himself. We have already given not one but many chances to (Name a Corrupt leader and he will have won election not one but many times) many Good-For-Nothing fellows.

Guys I'll say what I believe in "Have Faith in India. Have Faith in Your Own Self. And we will see the Light of Goods Days"

Only Believe in What you Feel. And please let us not fight among ourselves. We need to discuss any and all issues but turning that discussing into a dogfight does not appeal to us. We are all one and same, and yet have differences, it is these differences that help us bind to be together and grow.


Bye
 

kthakker0

Well-Known Member
18/10/2012 Thursday

Hi all,

I had been to a party so it's a bit too late for this article but nevertheless there's a saying "Better Late Than Never."

Today's range is 5705-5665 with TS as 5675

5665 has become the support level for now and any consistent trading below it will see further fall and vice-versa.

I am still gunning for 5626 and lower levels thereafter. I am still shorting at higher levels and covering them at lower levels, I can't wait to see weather 5626 is reached or not as I book my profits as and when I deem fit.

Lets see what the market has in store for us.

Bye
 

rangarajan

Well-Known Member
Manytimes i wonder ,whether thakker is Tech analyst or Political analyst or one in the guise of the other.:)

I also want to know from him,whether his Negative Bias with our system, influence his strategies to Short only, again a Negative in trading as is commonly believed.

Enjoying this thread, a change from the monotony of technical s
 

manish9300

Well-Known Member
The seeds of crop of corruption at highest level we are seeing these days were sown in the 80s by bofors case.It took 2 decades for this crop to mature so it will take a decade atleast to clean the mess if it is possible at all under current system.
Untill ppl are united for a change no change will happen. As of today ppl are united against corruption but the best tool we have our "vote" cant be used till 2014 to remove congress.I wonder if that congress minister saying 'ppl will forget'will come true again.
In todays age of information we dont need such 5 year long government.Elections can be conducted through modern technology like mobile voting say every year.It is possible for voter to take part in all policy decision making process through sms voting.
 

kthakker0

Well-Known Member
Manytimes i wonder ,whether thakker is Tech analyst or Political analyst or one in the guise of the other.:)

I also want to know from him,whether his Negative Bias with our system, influence his strategies to Short only, again a Negative in trading as is commonly believed.

Enjoying this thread, a change from the monotony of technical s
Hi,

I write what I Feel which is according to what I See, Hear and Understand.

But the most important thing is "Feelings". I have experienced that "Your Own Feelings will never Lie to you" So if you feel certain about a thing, go ahead walk that path, I promise you will never regret walking that path, and more often you trod on that path more strong will be your conviction. For many the other name is "Judgment"

All of you just follow your Feelings no matter how small, trivial or childish it seems, and then see what wonders it does to all or you. You all will "Experience Genuine Happiness"

And as far as Tech is concerned it's all Calculation but Trading is a mix of Calc and Feelings.

Bye
 

kthakker0

Well-Known Member
The seeds of crop of corruption at highest level we are seeing these days were sown in the 80s by bofors case.It took 2 decades for this crop to mature so it will take a decade atleast to clean the mess if it is possible at all under current system.
Untill ppl are united for a change no change will happen. As of today ppl are united against corruption but the best tool we have our "vote" cant be used till 2014 to remove congress.I wonder if that congress minister saying 'ppl will forget'will come true again.
In todays age of information we dont need such 5 year long government.Elections can be conducted through modern technology like mobile voting say every year.It is possible for voter to take part in all policy decision making process through sms voting.
Hi,

Seed is always underground, and is always sown by farmers and in this case we are the farmers if we don't use the seed of corruption then it fruits will not be there for people in highest level to enjoy.

So if our political leaders are culprit then we are to be blamed, because we have voted and given them the liberty and the right to do wrong things. So the change has to start from us (Indian Citizen).

And Manish, as you have rightly written that the best tool we have is our "Voting Right." So lets vote for that candidate who is right for us and for India and that depends on whom we vote, and lets give the right candidate some time to prove him / her self.


Bye
 

kthakker0

Well-Known Member
18/10/2012 Thursday

Hi all,

Today's range is 5705-5665 with TS as 5675

5665 has become the support level for now and any consistent trading below it will see further fall and vice-versa.

I am still gunning for 5626 and lower levels thereafter. I am still shorting at higher levels and covering them at lower levels, I can't wait to see weather 5626 is reached or not as I book my profits as and when I deem fit.

Lets see what the market has in store for us.

Bye
18/10/2012 Thursday

Hi all,

My strategy of shorting at higher levels and covering at lower levels did work this morning and along with it my 5665 level also provided a strong support as well, this compelled me to square up my trades.

I did go long keeping a tight SL as I was skeptical about any rally, but NF trading above 5704 erased my doubts and I guess we are long with resistance at 5742 and 5782 before any further rally can be expected.

5704 will be the SL for Longs.


Bye.