Intraday Trading
- Thread starter kthakker0
- Start date
- Tags daily trading intraday swing nifty futures
02/01/2013 Wednesday
Hi all,
Buy Sail above 93 for 98-100 SL 90
Buy BF Utilities between 346-350 Target between 365-375 Support between 338-334
The above stocks are like shooting stars, so bank the profits as quickly as u can
Hourly Low
NF low and open is 6007.50, if and when its broken its the signal that consolidation has started as stated.
Bye
Hi all,
Buy Sail above 93 for 98-100 SL 90
Buy BF Utilities between 346-350 Target between 365-375 Support between 338-334
The above stocks are like shooting stars, so bank the profits as quickly as u can
Hourly Low
NF low and open is 6007.50, if and when its broken its the signal that consolidation has started as stated.
Bye
Last edited:
Thakker sir, i have also started one thread and in that thread Rangarajan(RR) has mentioned about your thread, but some people are not able to find your thread inspite of i giving the thread URL, with your permission i will be posting your todays calls in my thread.. offcourse with disclaimer i will post
02/01/2013 Wednesday
Hi all,
Entering a Trade is one thing and Booking it, is another.
Booking can be either of the two, Profit or Loss and both depends on the Risk Appetite of the Trader
A Prudent Trader will always Banks the Profit.
When the given calls, be it Reliance, Rel Cap, ICICI, Sail, BF Util trades in profitable areas always bank it as applicable.
For me the target has no meaning unless and until my trade crosses my cost price. Sometimes the price does not even cross my costing levels but instead reverses.
But when price is above my cost price then my "Race" for the target starts. But along with the rising profits there is something else that is rising to match the rising price.
My BP levels.
This my idea of Greed and Fear. My Greed and Fear run hand-in-hand as if they are Laila-Majnu.
I always keep my Laila-Majnu with me. I presume all the traders do it in their own format. As it's this Laila-Majnu jodi that saves us (Traders) from getting defaulted.
Moral of the story: Bank Profit When Avaliable
Booking profits in NF at 6045 levels is prudent idea. This calms our BP levels. And then we wait for the right time to trade again.
Bye
Hi all,
Entering a Trade is one thing and Booking it, is another.
Booking can be either of the two, Profit or Loss and both depends on the Risk Appetite of the Trader
A Prudent Trader will always Banks the Profit.
When the given calls, be it Reliance, Rel Cap, ICICI, Sail, BF Util trades in profitable areas always bank it as applicable.
For me the target has no meaning unless and until my trade crosses my cost price. Sometimes the price does not even cross my costing levels but instead reverses.
But when price is above my cost price then my "Race" for the target starts. But along with the rising profits there is something else that is rising to match the rising price.
My BP levels.
This my idea of Greed and Fear. My Greed and Fear run hand-in-hand as if they are Laila-Majnu.
I always keep my Laila-Majnu with me. I presume all the traders do it in their own format. As it's this Laila-Majnu jodi that saves us (Traders) from getting defaulted.
Moral of the story: Bank Profit When Avaliable
Booking profits in NF at 6045 levels is prudent idea. This calms our BP levels. And then we wait for the right time to trade again.
Bye
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