Intraday Trading

[rangarajan]

I have received this just now

18/10/2012 Buy Bajaj Auto @ 1765-68 SL < 1750 Target = 1792-1782

bye

My Tgt is 1818 & above

 

[kthakker0]

18/10/2012 Thursday

Hi all,

Tomorrow's range is 5742-5664 with TS as 5684

If NF falls during intraday catch that opportunity to add / go long for 5782-5742 levels, with a SL at 5704 and if NF sustains trading above 5782 then we will see higher levels.

The TS should be a good support even if NF breaches 5704 and could be used by risk takers to add longs.

But again the IAC revelations can put hurdles in the sentiments and momentum could be stalled.

I suppose that by the end of this month this rally should be at it's peak of our previously mentioned target of 5938 + by which time the credit policy is due. And we'll have to look for other triggers after Credit Policy.

So the Bottom Line is
NF above 5704 go long for 5742-5782 and then 5938
NF below 5665 go short for 5626-5605-5585

Bye

 

[Bewinner]

What is IAC revelations?

 

[manish9300]

18/10/2012 Thursday

Hi all,

Tomorrow's range is 5742-5664 with TS as 5684

If NF falls during intraday catch that opportunity to add / go long for 5782-5742 levels, with a SL at 5704 and if NF sustains trading above 5782 then we will see higher levels.

The TS should be a good support even if NF breaches 5704 and could be used by risk takers to add longs.

But again the IAC revelations can put hurdles in the sentiments and momentum could be stalled.

I suppose that by the end of this month this rally should be at it's peak of our previously mentioned target of 5938 + by which time the credit policy is due. And we'll have to look for other triggers after Credit Policy.

So the Bottom Line is
NF above 5704 go long for 5742-5782 and then 5938
NF below 5665 go short for 5626-5605-5585

Bye

hi,
Do u mean go long above 5704 with sl 5665 and short below 5665 with sl 5704?

 

[kthakker0]

hi,
Do u mean go long above 5704 with sl 5665 and short below 5665 with sl 5704?

Hi,

You are somewhat correct. But I would keep my SL at 5685 which is TS for the day, even though 5665 has become the strong support.

This is my way of thinking, I always try to minimise the loss no matter how small the amount is / may be.

For today NF could gyrate between 5722 - 5685 / 5665.

Bye

 

[kthakker0]

I have received this just now

18/10/2012 Buy Bajaj Auto @ 1765-68 SL < 1750 Target = 1792-1782

bye

Given target already met and target is revised to 1882-1893

Bye

 

[kthakker0]

19/10/2012 Friday

Hi all,

Buy intraday Axis bank at 1198-1205 Stoploss below 1194 Target = 1216-1224

Bye

 

[manish9300]

Hi,

You are somewhat correct. But I would keep my SL at 5685 which is TS for the day, even though 5665 has become the strong support.

This is my way of thinking, I always try to minimise the loss no matter how small the amount is / may be.

For today NF could gyrate between 5722 - 5685 / 5665.

Bye

So does this mean 5704-5665 is a no trade zone?

 

[kthakker0]

So does this mean 5704-5665 is a no trade zone?

It shows two different ways to trade.

1. If you sell at 5704 you can buy at 5685 and if trading lower than 5665
   Or
2. If you miss the above bus then you can buy at either 5665 or 5685 and book profits at 5704 or higher levels.

Note
I forgot to mentioned that if for some reason the market reverses then the same buy / sell trade should be ur SL

Bye

 

[kthakker0]

19/10/2012 Friday

Hi all,

NF Premium is greatly reduced, indicating that shorts have been added in great volume.

In case NF rises, keep 5685/5704 as SL for ur shorts and trading below 5665 should go for 5626 as 5665 is the main level.

Bye