Intraday Trading

[rangarajan]

Positional Trade for Reliance Ind Cash

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

854.75, 859.8:thumb:
i couldnt take the trade as i saw the post late

There is always next time.
Not trading is also profit.

 

[anup]

Thakker,IDFC moving down.. square off or wait??

 

[rangarajan]

6060 Rock rest.

NF<6026 seems perfect positional short also.CMP 6035

 

[sarvajeet]

TV18BRDCST keep eye

 

[rangarajan]

Reliance,DLF,Bhartiairtel are desperately trying to keep the market up.

Tatamotors,is it becoming positional short if closes below 318.8

 

[rangarajan]

TV18BRDCST keep eye

Almost Two Crores shares traded.

What is cooking?

 

[anup]

IDFC, No Pain No gain.. just covered brokerage, but made good with Reliance..Thanks thakeer

 

[kthakker0]

03/01/2013 Thursday

Hi all,

As said and known, that when you are in profit you should have the knack to understand when you want to bank it, and herein plays the Greed / Fear Factor.

In this kind of situation I foresee two type of strategy

1. Trade in volumes. Get in and out of trade with small profit. This is the strategy of Big Traders, they are constantly in profit as they balance their Greed / Fear Factors. Neither of them overpower each other.
   
2. Low Volume Trade (Most of the Retail Guys) and they stray as per the trend until the target is met. But this strategy comes with a rider, What if the trade reverses before the target? What's your strategy if trade reverses? In this situation, comes the understanding of how to deploy your Greed / Fear Factor. Most of the time Greed / Fear of Retail guys overpower each other and they end up in "Loss" or "Negligible Profit"

That's why its said anyone can "Enter a Trade" but only few "Exit with Profit"

As long as the Retail Guy has the Money Muscle to remain in market he / she has to deploy the balanced understanding of Greed / Fear in all trades.

Today was suppose to be the last day for the rally and from tomorrow we should see some profit taking or NF consolidating towards lower levels.

For the above to happen today's high should not be breached tomorrow. And when NF consistently trades below 6035 then definitely go short with 6035 as SL

Range 6055-6016 TS = 6035

Bye

 

[kthakker0]

IDFC, No Pain No gain.. just covered brokerage, but made good with Reliance..Thanks thakeer

Profit is always welcomed, be it from any stock. As long as Profits are made it all Ok.

Bye

 

[kthakker0]

03/01/2013 Thursday

RBI and Government (Congress) need to act in harmony

http://economictimes.indiatimes.com...n-harmony-d-subbarao/articleshow/17875149.cms

Summary:

• Gov especially Congress is not doing its part of reviving the confidence of investors for boosting growth. (Business community lacks trust in the gov)
• Congress needs to improve its governance to inspire the trust and confidence of consumers and investors. (Kill Corruption in the Bud)
• Congress need to act on the fiscal side so that Monetary and Fiscal policies act in harmony. (Stop Unwanted Borrowing and Unwanted Expenditure)
• Congress wants RBI to issue the Banking Licence without giving any assurance of when the Banking Act will be amended. (When the Banking Licences are issued Congress will take all the glory of opening more banks in India.) (Bewakuf Insaan)

The above words were said during a Public Lecture that too by RBI governor, and these words are testimony that goes on to show that "Congress is not losing but bleeding trust"

The above article along with recent events, be it Anna Hazare movement, Corruption related scams, Telecom fiasco, Dud Telecom Auctions and the most bizarre "Delhi Rape Incident" made me think as to why is Congress so insensitive towards the General Public.

My inquisitiveness and the Power of Internet has revealed many facts / things about Congress, some know some unknown, which I'll share with you guys tomorrow.

The Facts are my eye opener perhaps you may also feel the same.

Bye