Intraday Trading

kthakker0

Well-Known Member
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
Hi,

Reversal after short covering from btwn 5704-5685.

If for some reason market rallies even further then keep a SL at 5707.

Bye
 

Arsh

Well-Known Member
I completely agree bhai... Arvind Kejriwal has guts and that's may be bcoz of his past... he's served in this gamut and knows that nobody can harm him...

I personally had so many questions on Robert Vadra since ages like many... But hats off to Arvind Kejriwal who exposed him like no one else could ever do...

Arvind Kejriwal is doing what ideally the Opposition party should do...
 

Arsh

Well-Known Member
hai arsh it's ni from mumbai actully i'm new in trading can u plz help me out.......i need some guidance
Dear NJ,

I'm myself an amateur trader... I don't trade fulltime... I just trade to make money for my savings by investing in long term...

I follow Timepass, sevenstar, kiranjakka and a few others and try to get the hang of trading from their posts :p and I keep a tab on Reuters India market jockey which gives stock market movements/news from 9 am to 3:30pm

happy trading;)
 

kthakker0

Well-Known Member
30/10/2012 Tuesday

Hi all,

Since 5626 is an important level and the close is above 5626 I expect a reversal from this level.

5626 is my fulcrum / SL
NF trading above 5626 is long and I'll go for 5665 - 5685 levels.
NF trading below 5626 is short and I'll go for 5585 levels

Let's see what happens tomorrow.

Bye
01/11/2012 Thursday

Hi,

Reversal after short covering from btwn 5704-5685.

If for some reason market rallies even further then keep a SL at 5707.

Bye
02/11/2012 Friday

Hi all,

The reversal from between 5704-5685 did not happen.

Today's range was 5703-5625 TS = 5626

As per the above forecast and today's range 5704 has become the fulcrum.

Since NF has opened gap up 5710 has not only negated the reversal (for now) but is in fact trading in a new range which is 5703-5742.

5704 which was the level to go short has changed / turned to be the SL for long.

Bye
 

kthakker0

Well-Known Member
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
Hi,

It seems that No 1 has happened and when Spot Nifty closing above 5704 should confirm the same.

Bye