Intraday Trading

kthakker0

Well-Known Member
15/01/2013 Tuesday

Hi all,

Its about NF
We are nearing tough resistance levels. And Jan (Perhaps) could be the last month for the rally and for NF to achieve the target of 6250 (Fair Chance of achieving)

All the bhola-bhala traders and investors may get blinded with the rally and would like to have the Pie or whatever is the left over by then, but "Be Careful"

Bye
 

jassinko

Well-Known Member
Uske liye time hai.

First enjoy the rally and then the fall.

Bye
seems like market bullishness is over kthakker bhai.... wat shud be final sl for bulls...and wat u say for tomorrow...whether bulls can claim back 5040 spot level
 

kthakker0

Well-Known Member
17/01/2013 Thursday

Hi all,

P + P has spooked the markets
  • Profit Booking
  • Pakistan
In times of despair its becomes a bit difficult to give reliable forecast.

But with 2 imp events still to be unfolded we have sufficient time to reach our target.
  • Credit Policy Review Meet
  • Budget
Even if RBI does reduced the interest rate, what impact will it have on the market? Bank Nifty has already run its marathon and this BN will be most hit when market falls on its face.

With most of the important details out, like GAAR postponed till 2016, No change in Duty structure, Perhaps no change in Income Tax, No increase in ST, Proposed to impose CTT, and many other things which, on combining all gives a non-performer tag.

But don't judge the letter from it cover, to save its back Congress can spring surprises.

Today's range is same 6095-6015 TS = 6045

6016 is strong support for Longs, breaching n trading above 6055 will see another rally.

Bye