Intraday Trading

kthakker0

Well-Known Member
23/10/2012 Tuesday

Hi all,

We have two down open gaps from higher levels which signals that sentiments is negative as both the gaps are yet to be covered. If these gaps are not covered by the time Credit Policy comes out, and if there is any negative substance then the fall will be fast n furious.

It seems that NF close below 5705 will again spell doom for bulls as the changed sentiments are already signaled but the tigger (Credit Policy) is still due.

But we do see smaller signals which shows where the trend is moving.

Keep a tight SL as per the levels for both (Longs / Shorts)


Bye
 

kthakker0

Well-Known Member
I guess it will move substantially down before rising for Diwali.
Hi,

Probably what you write can be possible as all depends on RBI now.

The overall sentiment in the market is not for going long (I mean who will want to buy in times of uncertainty)

But as we have seen time n again the unbelievable happening in our market, sentiments can be changed in a blink of an eye.

In anticipation Nov series is trading at Premium of Rs 40/- (Now what do one make of this huge Premium. Which type of trap this is Bull or Bear)

30/10/2012 11:00 am will give the clear picture / news. Till then the market will move in a range.

Although RBI is highly anticipated not to cut any rates, but still, Congress can spring any surprise and change the sentiments, but if RBI sticks to it's stand of inflation then the picture will change dramatically.

It is due to this uncertainty that market is trading in a range.

So...
For Long the target is 5938+
For Short the target is 5550-5469

Bye
 

kthakker0

Well-Known Member
23/10/2012 Tuesday

Hi all,

Aarey VirBahdra nay apnee income 20-30 fold increase kar lee. Aur hum, yeh aur woh level kee aagay / peechay chaker lagata hai ki kuch mila jaiye.

I request all (Stock / F&O) traders to become farmers or use agriculture as the main source of Income. The reason...

  1. No kind of any bloody tax
  2. Virbhadra income grew 30 fold from about Rs 7 lakh to about 2 - 5 crore.
Chalo yaar hum sab mil kar khay-tee badi kar lay tay hai, saali yea level kee maa kee... jantjat tao nahi hogi aur nahee income per koee tax hoga.

Saalay hum log kitna tax datay hain
  1. Income Tax
  2. Wealth Tax
  3. Service Tax
  4. STT
  5. Transaction Tax
  6. Sebi Tax
  7. Education Cess
  8. Surcharge
  9. Special Tax
  10. TDS
  11. Penalty (If Tax not paid on time)
Aarey hum log toa chu_ _ yea hai, kamatay hum hay aur tax Congress ko datay hain.

Kya boltay ho???

Awaiting your replies....

Bye
 

kthakker0

Well-Known Member
19/10/2012 Friday,

Hi all,

You all know the higher levels ie 5665, 5685, 5704, 5722, 5742, 5782

Bye

23/10/2012 Tuesday

Hi all,

Those who has followed the above levels are already preparing for bumper diwali celebrations even though the market languishes in doldrums.

We do what we do best, trade as per the levels.

Today we had two opportunity to trade
  1. When NF did not trade above 5722 in the morning and
  2. The other when NF broke 5704
On the downside till this writing NF has not broken our TS which is 5684, but we got what we wanted.

Today's share of our profit.

Bye
 

manish9300

Well-Known Member
23/10/2012 Tuesday

Hi all,

Aarey VirBahdra nay apnee income 20-30 fold increase kar lee. Aur hum, yeh aur woh level kee aagay / peechay chaker lagata hai ki kuch mila jaiye.

I request all (Stock / F&O) traders to become farmers or use agriculture as the main source of Income. The reason...

  1. No kind of any bloody tax
  2. Virbhadra income grew 30 fold from about Rs 7 lakh to about 2 - 5 crore.
Chalo yaar hum sab mil kar khay-tee badi kar lay tay hai, saali yea level kee maa kee... jantjat tao nahi hogi aur nahee income per koee tax hoga.

Saalay hum log kitna tax datay hain
  1. Income Tax
  2. Wealth Tax
  3. Service Tax
  4. STT
  5. Transaction Tax
  6. Sebi Tax
  7. Education Cess
  8. Surcharge
  9. Special Tax
  10. TDS
  11. Penalty (If Tax not paid on time)
Aarey hum log toa chu_ _ yea hai, kamatay hum hay aur tax Congress ko datay hain.

Kya boltay ho???

Awaiting your replies....

Bye
Sab jante hai ki india mein khaiti badi kitni profitable hai.Save for large farmers who are incidentally also politicians and bollywood superstars .....poor kishan barely make ends meet from farm income.Sometimes i think the agricultural income is not taxed exactly for this reason .....to keep a chor darwaza open for our ruling elite from paying income tax.

Hum mango people kewal stt save kar sakte hai by not trading nifty but trading commodities and currencies.:D
 

kthakker0

Well-Known Member
24/10/2012 Wednesday

Hi all,

Happy Dussehra to all of you.

Tomorrow's, Last series day range is 5704-5665 TS = 5674

We all know our 5665 story so it should be muted trade as the bulls are giving support at lower levels.

Note
Even if NF could breaks 5665 tomorrow, being the last should not have any effect on the overall sentiments.
During the last 15 days NF low of Nov series is 5670 even here the chances of breaking 5665 is very slim. But if Nov series does breaks 5665 then the scene could be different.


Bye.
 
Last edited:

kthakker0

Well-Known Member
24/10/2012 Wednesday

Hi all,

Happy Dussehra to all of you.

Tomorrow's, Last series day range is 5704-5665 TS = 5674

We all know our 5665 story so it should be muted trade as the bulls are giving support at lower levels.

Note
Even if NF breaks 5665 tomorrow, being the last should not have any effect on the overall sentiments.
During the last 15 days NF low of Nov series is 5670 even here the chances of breaking 5665 is very slim. But if Nov series does breaks 5665 then the scene could be different.


Bye.
24/10/2012 Thursday

NF found support above TS of Oct series, but the Red Signal, is it broke Tuesday's low, and it means market could tank down any time during the trading day and trade at lower levels.

I'll be going for intraday target of 5674 of Oct series.

Lets see what's in store for us...

Bye