Intraday Trading

[kthakker0]

31/10/2012 Wednesday

Hi all,

Above 5626
5644 shud be somewhat hard to penetrate upwards, but when done the higher level to reach are 5665 and then 5685, we should see some shorting here.

If 5704-5722 is reached they are definite levels togo short.

Below 5626
I'll go for 5606-5585

Close below 5626
Go for 5565-5550

Bye

 

[kthakker0]

31/10/2012 Wednesday

Hi all,

Either one of the two will happen

1. NF takes support of 5626 levels and rallies for 5938-6000+ targets OR
2. NF takes support of 5540 levels and then rallies for the above targets

Let's see what happens first "Fall or Rally"

Bye

 

[kthakker0]

31/10/2012 Wednesday

Hi all,

Today's high should be above 5652

Bye

 

[rangarajan]

31/10/2012 Wednesday

Hi all,

Either one of the two will happen

1. NF takes support of 5626 levels and rallies for 5938-6000+ targets OR
2. NF takes support of 5540 levels and then rallies for the above targets

Let's see what happens first "Fall or Rally"

Bye

So,u r Bullish on the mkt either way with an initial tgt 6000:thumb:

Conclusion.
Corruption & Bullishness are Directly Proportional.:clap:

jaihind.

 

[manish9300]

So,u r Bullish on the mkt either way with an initial tgt 6000:thumb:

Conclusion.
Corruption & Bullishness are Directly Proportional.:clap:

jaihind.

No,corruption doesn't really matter much to markets.Its really the expectation that interest rate is almost at its peak .....a point from where it can only go downward that is fueling this rally.Its just a matter of time now when rbi will start cutting interest rate.

 

[kthakker0]

31/10/2012 Wednesday

Hi all,

So how many of you did actually take a contra trade today?

The answer is, all those who braved the market are smiling.

Tomorrow's range 5665-5625 TS = 5660

Reliance is now the bulls eye of IAC

How much can this Reliance issue rake up the market?

It was a known fact that inspite of declaring a record discovery of Gas in the KG basin Reliance purposely did not pull out the gas under 1 pretext or the other,

1. It started with division of Reliance empire and the contract signed with RNRL
2. Anil went to SC to get justice but failed miserably
3. The second contract signed with NTPC was scrapped under the table.
4. The Oil / Gas scenario is getting murkier day - day with US threats to Iran.

The above kept Oil / Gas price high and gave an opportunity to Reliance to cash in on this situation, with UPA II already on his side it was just a matter of time before Mukesh could get all what he wanted.

But as mostly happens, before you can eat other person's cake there will be someone who will not allow you to eat it. Arey bhai kabhi kabhi toh apna cake bhi koi aur hi kaha jata hai. (Congress "The Giant" not only has such attitude and the appetite but also the capacity to eat and still keep on eating)

But then came a "Farishta" in the name of Arvind Kejriwal and he exploded the Reliance bomb that too before Diwali, so now lets watch the "Aatish bazi and Dhoom Dhadaka"

Already Congress had a Red Face when Jaipal Reddy was removed as Petroleum Minister, as Reliance could not take his jabs (although Reddy been handicap he somewhat dislodged the Mighty Reliance many times)

Let's see what the market has in store for us tomorrow.

Bye

 

[kthakker0]

01/11/2012 Thursday

Hi all,

Yesterday NF missed 5652 by 20 paise n today our range is covered even before the 1st half of the day is over.

If the bearish phase is still on then this is short covering which should be over between 5685-5705 and we shall again see selling pressure.

Trade according to your pocket size n Smile

Bye

 

[Arsh]

I feel Arvind kejriwal has become India's Vertitas

After DLF shares downfall, it's RIL shares paying to the charges made yesterday...
http://in.reuters.com/article/2012/11/01/india-reliance-industries-arvind-kejriwa-idINDEE8A003F20121101

 

[nj_]

hai arsh it's ni from mumbai actully i'm new in trading can u plz help me out.......i need some guidance

 

[kthakker0]

I feel Arvind kejriwal has become India's Vertitas

After DLF shares downfall, it's RIL shares paying to the charges made yesterday...
http://in.reuters.com/article/2012/11/01/india-reliance-industries-arvind-kejriwa-idINDEE8A003F20121101

Hi,

Just 1 qts.

Why will BP invest such a huge amount to acquire 30% stake in KG basin / wells which is / are almost empty / whose output is not economically viable.

KG (Kinder Garden) Gas output will surely increase once the Gas price is raised by Congress as per the satisfaction level of Mukesh.

Arvind did not say some thing out of air, the whole world knew that Reliance had in fact artificially suppressed gas output which indirectly pressured Congress to raise Gas price before 2014.

Humans are not dumb but in fact are the smartest species of this planet and if one of us does some trick all others easily understand the modus operandi.

Every one knew why KG basin was turned into wash basin. And what is BP looking for in this wash basin????

Till now this topic was whispered by everyone as no one had the guts to speak this thing in public.

Arvind not only has the required guts but is also displaying it in public which is not liked by Congress and the affected parties, in this case Reliance.

Bye