Intraday Trading

kthakker0

Well-Known Member
22/11/2012 Thursday

Hi all,

Tomorrow's range is 5665-5625 TS=5660.

Tomorrow again we shall see the parliament been adjourned for some reason and market will take it's own cues and be volatile and play its own game and we will again do what we do best.

Earn As Much As We Can While We Can .

The resistance zone between 5665-5685 which should be traded accordingly.

Bye
 

kthakker0

Well-Known Member
@kthakker0


what is your view on market?

is it bullish/bearish
Hi,

My view of the market is always Intraday. I don't BTST / STBT my trades.

Bullish / Bearish phase depends on what positions you take / trade and how much influence other's have on you.

I trade intraday while keeping an eye on my forecasted levels. NF trading above / below the level indicates the intraday trend and that's what determines my bullish / bearish phase.

If market complements the phase in which I am, I make more money, else I make decent enough to enjoy my weekends.

Not only I but all of us here always Follows Money-Penny. We grab her As Much As We Can while following her till next level, and that's Our Style.

My above statement may sound a bit sarcastic but the fact is we all are here to Earn No Matter What. And this is how We Earn.

Bye
 

kthakker0

Well-Known Member
30/11/2012

19/11/2012 Monday

Hi all,

Direct effect
Rally in US markets and in particular S&P 500 levels are 1365, 1370-75 and last 1382-85 and further rally above 1385 will see S&P 500 trading between 1402-1410.

Above 5586 the levels are 5596, 5605, 5625, 5665 and the list goes on...
Below 5586 the levels are 5565, 5548 and 5510 and the trend should stop here.
Today 30/11/2012 S&P is at 1415

02/11/2012 Friday

Hi all,

On 04/11/2012 Sunday HP is going to polls for assembly elections.

2007 polls results
BJP won 41 seats
Congress won 23 seats

2012 exit polls
  1. Congress to maintains the above score and if the tally goes up inspite of all the negativity surrounding Congress then most of the scenario changes.
  2. If Congress cannot maintain 23 seats then it will have a negative effect on the market.
The rally might be on the basis of the 1st scenario of exit polls.

Either one will happen but going by the anti-Congress-sentiments, the rally could be a bull trap if Congress losses the HP election.

Additions in HP Exit Polls
BJP is slated to win HP assembly by a clear majority of required 35 seats to win but they may not be able to match their previous tally of 41 and its here that Congress should gain.

If the above happens and Congress does improves it's tally of more than 23 still happens to be a good sign for Congress that all is not lost for Congress.

Bye
Counting of votes will be on 20 Dec 2012

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 all,

NF rallied from 5555 thereby missing our 5540 target by 15 points. The details were already given a month in advance and the market has followed it almost perfectly.

And now it's time to book profit which I am engaged into.

No matter what the Congress says about FDI, Insurance, Aviation etc or no matter how many bills are pending in the Parliament, the Assembly Election Results will signal the direction for the trend in the time to come and infact has the strength to change the game.

The Carrot knows as "Interest Rate Cut" will be used by both bulls and bears to settle their scores, and since we are the cunning foxes, we will never miss to take (sometimes more) than their share while they (Bulls / Bears) fight between themselves.

The targets that I have calculated are 6216, 6166, 6122, 6065, 6000, 5960, 5945, 5938, 5922, 5915 NF will reverse from any one the them

But out of the above I'll go for any level between 5939-6000 as stated.

Go for 6094 when NF sustains above 6016

Time Wise
Probable days in which W5 could complete is 27 and the date is 27/12/2012

Bye
 
Last edited:

kthakker0

Well-Known Member
30/11/2012 Friday


http://economictimes.indiatimes.com/articleshow/17426485.cms?prtpage=1

Q2 GDP growth at 5.3%: Government living in self-denial on growth slowdown.

Q2 FY13 GDP rate slips to 5.3%: Analysts' prescriptions for high growth. How can you have "High Growth" when Indian Industries are not getting money at affordable / sustainable rate coupled with High Inflation, Twin Deficit while Corruption is sprinkled lavishly everywhere. The Analysts who predicts High Growth are fooling and playing with Indian sentiments and they should be held accountable to show which sectors they think is due for so called "High Growth".

Articles like the above are a testimony that Congress is more worried about its own existence rather than India's, and as said previously many times before, that Congress is still destroying and will go to any length to destroy the Financial Fabric of Indian Economy.

Congress is always "Trigger Happy" to put the blame on others and will always strive hard to find means and ways to humiliate others like CAG even Anna Hazare was not spared when Manish Tiwari said that Anna was totally corrupt from head to toe, for which he had to resign from the said post then.

So take the pleasure of the ride as long as "Merry Go Round" is spinning but make sure not to get stuck on the high price while your pants are lying on the ground.

Bye
 

kthakker0

Well-Known Member
01/12/2012 Saturday

Hi all,

Monday's range is 5898-5859 TS = 5878

OP below / above Friday's Close should determine Monday's trading.

There could be some supportive rally if NF trades above 5926 which could be anywhere between 5930, 5945-48, 5957, 5967-70 before breaking down.

Either book profits or initiate short position.

Definitely go short below 5918 if NF does not breach 5926

The fall will be volatile and short lived which could get arrested at or near 5860 levels.

Bye.
 

kthakker0

Well-Known Member
02/12/2012 Sunday

Hi all,

New range when NF trades above 5898 is 5937-5898 TS = 5918

Since Parliament will be adjourned tomorrow due death of I K Gujral lets see how mkt behaves.

On 4 n 5 Lok Sabha to discuss FDI
On 6 n 7 Rajya Sabha to discuss FDI

So in any which way, voting on FDI will see volatility in the market and this will bring the market down to our levels.

A thing that must be done if corruption is to be weeded out of our society
http://timesofindia.indiatimes.com/...rid-of-outdated-laws/articleshow/17406264.cms

Bye