Intraday Trading

[Bewinner]

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

Thakker,

Nothing to say.... The entire paragraph and specially Laila-Majnu is just awesome...

-Sandipan

 

[neerav thakkar]

bfutility 370.....wow... :thumb: :clap:

 

[kthakker0]

02/01/2013 Wednesday

Hi all,

Aaj...

Patang Manja Free hogya,

Bank Balance bhi badh gaya.

Mausam thanda hai lekin pocket garam ho gaya bhai.

Kal ka NF 6055-6016 TS 6035

Tomorrow is 03/01/2013 which is the forecasted last day of higher high, whatever high NF prints tomorrow which has and will be above 6060 till 6094 will be my area of going short.

Chalo bhai log, aaj kay liyea itna hi, kal phir batay karangay. Bye Bye.

 

[anup]

Hi thakker, can we go short at 6060 or 6090

 

[kthakker0]

sir,can u tell your method.plz

Hi,

I have written about my methods in my posts a couple of times. But just to summarize the whole thing.

Actually there is no method. No one can predict accurately what will happen next day, that's why it's call forecast.

There are times when I have lost money and have mentioned them in my posts as well.

But in the end it's all about calculations. And the most important thing is which levels you give importance.

I use Gann, Fibonacci, Elliott Waves, Pivot and many things from Get to get my stuff and I combine them to get the most predictable levels.

If you also do the same than you can forecast any stock / F&O movements with ease.

Bye

 

[kthakker0]

03/01/2013 Thursday

Buy IDFC 180.50 - 181 SL 179 Target 185-187

---------------------------

 

[kthakker0]

03/01/2013 Thursday

Hi all,

Since its the last day for any rally to further continue, the call's given has to be taken with a pinch of salt.

NF open has not crossed 6060 but instead it looks as if 6060 has formed the resistance. If 6058 is crossed then NF can reach 6075.

Sell NF below 6035 with SL 6058. If NF consistently trades < 6035 then rally will gradually lose steam.

Bye

 

[anup]

03/01/2013 Thursday

Hi all,

Since its the last day for any rally to further continue, the call's given has to be taken with a pinch of salt.

NF open has not crossed 6060 but instead it looks as if 6060 has formed the resistance. If 6058 is crossed then NF can reach 6075.

Sell NF below 6035 with SL 6058. If NF consistently trades < 6035 then rally will gradually lose steam.

Bye

Are you mentioning spot level our future ?

 

[timepass]

03/01/2013 Thursday

Hi all,

Since its the last day for any rally to further continue, the call's given has to be taken with a pinch of salt.

NF open has not crossed 6060 but instead it looks as if 6060 has formed the resistance. If 6058 is crossed then NF can reach 6075.

Sell NF below 6035 with SL 6058. If NF consistently trades < 6035 then rally will gradually lose steam.

Bye

Are you mentioning spot level our future ?

NF = Nifty Futures

 

[kthakker0]

Positional Trade for Reliance Ind Cash

Buy btwn 844-848 SL < 840 Target btwn 861-872