Intraday Trading

kthakker0

kthakker0

Well-Known Member
#332
#332
04/12/2012 Tuesday

Hi all,

The range is same as tomorrow's where NF traded most of the time TS = 5922

Close < 5898 will see more of a negative bias.

I was and am not wrong when I said "Congress is destroying the Financial Fabric of Indian Economy" now the same thing is also confirmed by Fitch and Standard & Poor's rating agencies.

They said "Tight fiscal and monetary policy settings decrease the authorities' scope to support growth amid stubbornly high inflation and a commitment to consolidating public finances"

With such a low financial standing how can RBI think of cutting interest rate, let alone cut it.

kthakker0 said:
30/11/2012

Hi all,

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.

Bye
Click to expand...
Fitch say's
  • Several of the proposals announced by the government require legislative approval and policy reversals cannot be ruled out.
  • India's track record of delivering on fiscal policy goals has not been encouraging.
  • Loosening in fiscal policy ahead of the elections (Assembly and General-2014) could further weaken India's public finances and put pressure on the ratings.
Congress has made sure that Indian Economies will remain in shambles after 2014 with a rate cut looming on.

The new gov (formed after 2014) will invariably be under utmost pressure while trying to set the Indian Economy into right direction. And Congress, while, sitting on the bench will try to derail the Indian Economy as it is doing right now.

Till now Congress had the knack of fooling Indian public at large but there comes a time when "Sun Rises for some one and Sets for others.

Bye
 
kthakker0

kthakker0

Well-Known Member
#334
#334
04/12/2012 Tuesday

Hi all,

CP was < then TS and OP is < of both. This signals to, at least book profits and stay on the side.

Trade confidently only after FDI voting is over as per the trend, to avert, headache, nervousness, nail biting stress, High BP and most important of all trade ending in a Loss.

We all know, it's all too easy to lose Money in this market rather than earn it.

Bye
 
kthakker0

kthakker0

Well-Known Member
#336
#336
04/12/2012 Tuesday

Hi all,

Sell BHUSANSTL Fut @ 473-475 and above. Keep SL @ 477

Targets 461-458

After breaking and closing 457... The Targets could be 452-441

Bye
 
R

rangarajan

Well-Known Member
#337
#337
kthakker0 said:
04/12/2012 Tuesday

Hi all,

Just received this info, see if it fits your analysis.

SBIN selling pressure between 2260-70 for targets of 2240, 2200, 2150 till 2120

Bye
Click to expand...
After a Long time.:)But now 2230,wait for drawl & then walk to ATM

I think in FDI,since the voting is under speaker's discretionary powers,there may not be voting.
Favours r to be returned.:)
 
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