Intraday Trading

[kthakker0]

06/11/2012 Tuesday

Hi all,

Trading above 5742 is a good sign which is my intraday SL and NF crossing 5758 should see 5766 then 5782 and above 5782 its 5787-5810 levels

Bye

 

[kthakker0]

06/11/2012 Tuesday

Hi all,

RBI clearly stated that don't talk about interest rate cut till 29/01/2013.

If the relevant inflation, deficit, BOP, reforms, etc numbers are not satisfactory and as per RBI levels then the decision will be postponed till March 2013.

Hearing this Chiddu is reviewing budgeted expenditure at each ministry and plans to defer some spending to the next financial year beginning in April to keep the fiscal deficit at 5.3 percent of GDP.

See! how these idiotic Congress clowns perform their duties when the whip slashed in the air, seems to tear the heart with a perfect skin cutting noise...

Kash yeh chabuk 2-3 saal pehlay baja-yee hote toh shayad aaj repo rate cum hota. Khair der aaye durust aaye. Chalo koi toh hai chabuk mar nay kay liye.

Tomorrow's range is 5782-5742 TS = 5766

Close > 5766 indicates a pretty sure picture of NF trading in a new range by breaching the upper side or opening higher than 5782.

Till the time of this writing Nifty on SGX was trading at 5782.

But between the rally and us (Mango people) we have US and it's election.

Oh! Bama ya Romney, the ghost will be revealed tomorrow, till the results are out sleep tight tonight.

Bye

 

[kthakker0]

One day it closes 4 points below 5700spot, one day 4 points above 5700, on lower volumes. I am still suspicious of the moves so sitting it out

Hi,

If you had stayed out as you have said then my friend you might have lost your today.

This mkt is for those who takes chances, no matter how small but do take small calculated chances, maro maukay pay chuka.

Bye

 

[kthakker0]

Tomorrow's range is same as today but for the rally to sustain 5782 is to be taken out decisively

thakker,
I have seen many analysts using this word 'decisively' frquently & till date unable to understand the underlying.

Can u explain this jargon.

Hi,

Nothing official all formal.
Everyone needs Confirmation and market gives it by trading above / below the said levels as per the trend, besides the above words are just another way to describe it.

Bye

 

[vinst]

obama would be winning.

 

[Bewinner]

SGXNIFTY is trading at 5795 and DOW is 146 pts up...let's see whether it sustains or not
tomorrow

 

[Bewinner]

DOW is 178 pts down today...what a khel....

 

[kthakker0]

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.

Bye

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

07/11/2012 Wednesday

Hi all,

We all encashed the fall from 5855 till 5626 and
We all are again encashing the rally from 5626 till today

5855 is already established as a high. Now whether will we see a new high or not needs to be waited out.

Today
5742 low was a perfect price point to enter long for 5782 target.

And we also knew that NF was going to trade above 5782 so it was worth taking the chance to encash as stated.

04/10/2012 Thursday

Hi all,

Between 5810-5820 is the price band where I'll get rid of my longs.

Bye

Tomorrow's

• Range is 5820-5742 TS= 5791
• NF trading below 5742 is bad and vice versa
• The Gann Turning day

04/10/2012 Thursday

Hi all,

Early indicator are signalling that if NF converts the support of 5820 in a catapult then it can propel itself to 5938 levels.

But make a note that with new High, NF will have the equal and opposite reaction force which can throw it back.

Bye

With Wall Street in red (Dow -2.50% or 325 points) we may see the same red. NF intraday fall from 5815-5885 could be the signal.
Being the gann turning day, either we rally further or a repetition of what happened after 05/10/2012

Hi,

NF trading below 5818 with increasing volumes will become the resistance.

Bye

Bye

 

[rangarajan]

NF 5742 taking sup.(5740)

 

[kthakker0]

08/11/2012 Thursday

Hi all,

As long as 5742 is not breached NF rising till 5791 is expected which is my intraday target.

S&P was on a strong rally and was suppose to be bearish only if traded below 1394 infact yesterday's S&P low was 1388 and close 1394.55 if US market falls again then the bearish tone could be stamped.

If this happens to US than what will happen in India and rest of the world?????

Perhaps we may witness history been repeated from 05/10/2012 in our Trading Life. Are we lucky????? Only Time will tell....

But for me as said as long as NF is above 5742 its a long call

Bye