Intraday Trading

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
There's a lot of greenery around today - Europe, Crude, Dollar index etc. Maybe the anticipation will keep the index up. Let's see.

Edit : Even the vix is down today, showing that the fear level is down in the mkt at this point.
 
The economy in India is definitely improving and that's the reason Nifty was able to break the crucial resistance of 5450. There was a small trigger in the form of QE3 and the world markets moving up and that helped the Nifty to move up. Now, even the Dow is not able to build on it's rally, Nifty is still showing up. The strength in the economy must be visible in this earnings season. Otherwise, the Nifty will not be able to sustain this ral;ly and will, for sure, come down.

Regards,
Phani
 

kthakker0

Well-Known Member
Arey baba yea dhoti mein aag kyu lag yea?

Kya RBI nay interest rate kee maa ben ek kar dee kya???

Kya pharak padta hai RelInfra nay almost kama kay diya na... bus


Bye
 

kthakker0

Well-Known Member
14/10/2012 Sunday

Hi all,

Reducing interest rate when Inflation is still above RBI's comfort level coupled with High Fiscal Deficits is a sure shot recipe to devalue Indian currency and giving S&P a bait in their hands to lower India's grade and there by increasing the cost of living.

So in mean and coming time forget Reforms, FDI etc and do not take any market oriented news into consideration as the effects have already or will have been nullified and thus have no effect on the market.

Markets will be propped up artificially till budget but will be volatile and we will try to make the most of these conditions.

Bye
28/10/2012 Sunday

Market is volatile and is propped up artificially only on the hope that RBI should cut interest rate, this has become more prevalent because our FM (who has nothing to do) has instructed RBI to do so.

Even if RBI does cut the rate, what will this rate actually cut, who will actually benefit and by what percentage, that only time will tell.

But one thing is for sure, it's time for middle income public to cut and resize our family budget and that too for a very very long time to come.

With General Election just over the horizon, what will the business fraternity do? Consolidate the business, expand it or add capacity? Market movement will answer the question.


Bye
 

kthakker0

Well-Known Member
28/10/2012 Sunday,

Hi all,

Tomorrow's range is 5705-5665 TS = 5675

With Diwali near the corner it seems that Congress will use all the tricks in his corrupt mind to prop up the market anyhow.

Yea cabinet shuffle hota kya hai? Mood hua tou cabinet reshuffle kar do, aarey hum bhi apna cabinet saal mein ek baar saaf karte hain, Congress pura saal corruption karta hai aur jab public may baat aati hai toa cabinet reshuffle kar doo, public toa waise hi aam aur bhuladkad hai.

Cabinet aur playing cards shuffle may koee pharak hi nahi hai kya? Every now and then Congress shuffles the cabinet, koi kaam nahi hai toa cabinet reshuffle kar do, salli diwali ki safai bhi ho jaye gee.

Its seems that Congress is playing musical chair in the name of reshuffle "Jo jitha woh Sikandar" bake sab bander.

A deck of cards has 13 cards in one series of different value, but Congress has only 3 important cards (King, Queen and Ace) and all of them has Sonis face, rest all are Jokers who keep changing their place and portfolio every now n then.

Bharat-mata tera kya hoga??

Bye
 
Yea cabinet shuffle hota kya hai?
Sabko kamane ka mauka milna chahiye na, isliye reshuffle. The older ministers have multiplied their fortunes. Now the scraps are left for the younger ones, to make the maximum of the remaining time of this govt, which is running on SP + Maya oxygen anyway.
 

kthakker0

Well-Known Member
Sabko kamane ka mauka milna chahiye na, isliye reshuffle. The older ministers have multiplied their fortunes. Now the scraps are left for the younger ones, to make the maximum of the remaining time of this govt, which is running on SP + Maya oxygen anyway.
Hi,

It seems Congress is grooming its new army of young breed to make sure that corruption does not die easily but infact spreads more vigorously, perhaps this army will and can fight the likes of Kejriwal because the old guard have fallen against Anna + Kejriwal combined.

Congress will lose the coming General Election (till this date there is no doubt) but it is making sure that perhaps this new blood will, at least, keep the fire of corruption alive.

It's time for the us to take a stand.
  1. Against Corruption or
  2. For Corruption"
We have to remember that in the battle of Mahabharata even the young blood was not spared from been massacred.

Bye