Intraday Trading

[kthakker0]

09/01/2012 Wednesday


Various Fissures in Indian Financial Fabric

• India to face rating downgrade in 1-2 years (After Congress has lost General Elections)
• No solution to decrease Twin Fiscal Deficit
• High Inflation (Increase Re 1/- in Diesel for next 10 straight months)
• No solution to Bring Back Black Money to India.
• No solution to curb corruption
• Companies and Sectors facing hardships in and outside India e.g GMR, Telecom, Mining
• No growth due to handicapped Infrastructure (NHAI Roads) Power, Mining, Health Care, Education)
• Ambiguous Tax Laws
• Free hand for the Political Leaders to do what they want.

Joseph Stiglitz (Columbia University Professor) says...

• New banking bill of India may do more harm than good
• Walmart brings greater capacity in bribery (Accurately Documented from around the world wherever Walmart opened its stores)
• FDI in Retail to harm India's supply logistics

Inspite of all the adverse views why is Congress heading for FDI, Changed Banking Bill, etc? Does any one has the answer?

E.g. Why is everyone gunning to reduce the interest rate, when later on it will literally kill the Indian Economy. Why? Why?

Think guys! Think. Thinking always give you the correct answer.

 

[kthakker0]

09/01/2013 Wednesday

What a shame!
76 BSF jawans died while protecting India from Maoists and all the culprits who butchered them are now Free, Reason "No Evidence Against Them" The Message Congress sends is "Even if you Die for India We need Evidence that the culprit Actually Killed You, otherwise he/she is a Free Person"

Pakistan denies the killing of Indian Jawans inspite of Clear Evidence of 2 Jawans been butchered in the Kashmir Valley.

Congress Muted and Unmuted Response to Pakistan killing 2 Jawans

• Muted: Please understand Sir, We have to raise our chicken voice because Media is pushing us to do so.
• Muted: Our policy is "We don't do anything till it chokes our windpipe e.g Anna Hazare, Recent Rape incident, Corruption etc then we know how to pass the time
• Muted: See how many dossiers we have sent after Parliament attack, recent Taj attack. And now who talks about them "Tum bhi chup aur hum bhi chup"
• Muted: "Please Don't let it come in public domain. Please samjha karo yaar.
• Muted: Congress is threatening Pakistan by wearing Kids gloves
• Unmuted: Khurshid say's "To make sure that whatever happened should not be escalated."
• Unmuted: Pak envoy summoned, "India warns of 'adverse impact' on ties" (A humiliating insult to the Jawan who is beheaded""

Our Jawans are been killed and Congress cannot think beyond Ties

Statistics shows that the number of Jawans killed in peace times are more than in actual war.

My changed perception towards Congress
My heart sank when I heard that Mr. Rajiv Gandhi was killed on May, 21 1991. I thought Congress will give the best and the deadliest possible reply to the organization who was responsible for it. But, nothing....

How can you trust a party that they will take care / govern India properly when they cannot even give proper protection to their own leader. And this was despite the knowledge that there was a severe threat to Rajiv Gandhi's life. In fact it is documented that Rajiv Gandhi's protection cover was withdrawn / withheld just 2 hours before he got killed.

My perception was correct at that time and it got confirmed subsequently.

Congress sent a very clear message to the Whole World after Rajiv Gandhi was killed. "India can be used as a "Punching Bag" practice at your free will" Pakistan got the message Loud n Clear and is actually practicing it religiously day / night since 1993

Pakistan is rapping India since 1993 and no political party has the guts to challenge them in any which way deemed fit.

 

[kthakker0]

Great call man..so do you have targets below 5950 as well? or just maintain a SL @ 6025-6035 now??

Just maintain your SL and go for 5977 - 5950 if NF trades below these levels then its your Bonus.

Bye

 

[kthakker0]

09/01/2013 Wednesday

Hi all,

Tomorrows range 6055-5977 TS 5996

Bye

 

[VJAY]

Dear kthakker,
Nice write up/thoughts of indian dirty politics and current financial crisis....I don't think god too not save INDIA now .... for our next generation very bad days ahead

 

[anup]

Any intraday call thakker?

 

[kthakker0]

10/01/2013 Thursday

Sell Rel Capital at 492-494 SL above 496 Target = 487-482

 

[moody_man]

thakker, any NF range for today ?

 

[vsaran]

itc future stoploss hit @278.5

 

[kthakker0]

11/01/2013 Friday

Hi all,

2 imp announcements are to happen today

1. Infy guidance: Gave the market some fresh air.
2. IIP numbers: Will show the gov performance at 11 am

Today's range is 6016-5977 and SL is still the same.

OP of 8/1/2013 = 6015 should be used to trade for the lower levels of 5977-5950 while keeping an eye on the SL

For me this fall will be over once NF trades below 5977 and anywhere till 5950 If it trades below 5950 then be with the fall.

Many will wait for IIP numbers to be published before initiating the trade.

Banks to be recapped by 12,500/- crore before Jan end. But for what?

• To give it as a loan to Farmers and then write it off or
• Is it given to pressurise RBI to lower the interest rate in the name of Basell norms?

Weak gov will always take / initiate weak measures.
Instead of taking steps to strengthen the Economy Congress is busy raising price of essential commodities (Diesel) which will have adverse impact on the Indian Economy which will keep inflation sticky and at uncomfortable RBI levels And then they pressurise RBI to lower interest rate. (Just to show that we have done something)

It now clear that Congress has only one agenda on its hands "Increase Price wherever possible in the name of reducing Twin Deficit (Essential commodities, Diesel, LPG, Service Tax, Auction anything to the highest bidder eg Telecom Spectrum) and make the life of Indians a Living Hell."


Bye