Intraday Trading

[kthakker0]

11/03/2012 Monday

Hi all,

8 Feb was Gann Day NF has traded > the high of 5973 which has changed the sentiment. In fact we grabbed the rally from its initial stage and we pocketed nearly 150 points till Friday.

NF not breaching 5982 should see some consolidation till 5820-5860

Now 5860-5820 has become the ultimate support. NF closing below 5860 twice will nullify the positive sentiments.

NF breaching 5982 should see 6016, 6024, 6036, 6058

Today's range is big 5977 - 5900 TS 5960

Intraday support is till 5938

Bye

 

[kthakker0]

12/03/2013 Tuesday

Hi all,

Unless we have a CP < 5955 its a buy with 5973-77 as resistance, for 6016-6032 as target.

IIP nos have the power to sway the market.

Bye

 

[prabhsingh]

12/03/2013 Tuesday

Hi all,

Unless we have a CP < 5955 its a buy with 5973-77 as resistance, for 6016-6032 as target.

IIP nos have the power to sway the market.

Bye

If IIP nos comes good then there would less expectation from RBI to cut rates in upcoming monetary policy this month.Do you think that can drag the market which seems to be overbought.

 

[kthakker0]

If IIP nos comes good then there would less expectation from RBI to cut rates in upcoming monetary policy this month.Do you think that can drag the market which seems to be overbought.

Hi,

Good / Bad IIP nos, what's the difference.

Market always does what it has to do and levels always shows the direction.

Besides RBI was on the cutting sphere till Dec, but even then market was rallying, so do you think market gives a dam of what RBI or Chiddu or anybody else thinks / does or will do.

What...
If IIP nos are good and you loose money in the market, is that good?
If IIP nos are bad and you make money in the market, is that bad?

There is no such thing as Good / Bad market. Its always money flow, wherever money flows in the market, there you will find all the Chiddu's and the RBI's of India.

Bye

 

[kthakker0]

12/03/2013 Tuesday

IIP numbers are what market is telling us. 5977 was resistance and NF trading < 5955 signaled sell and with this we are already in profit as of till this time.

Lower levels 5905 and 5875-60

As said these are forwarded Eq recommendations.
Buy Jindal Steel and power at 357-359

SL < 354 on closing basis

Target btwn 368-372

Bye

 

[Bewinner]

12/03/2013 Tuesday

As said these are forwarded Eq recommendations.
Buy Jindal Steel and power at 357-359

SL < 354 on closing basis

Target btwn 368-372

Bye

But This is already 361.50...even at the time of recommendation it was not touched 359...

 

[kthakker0]

11/03/2012 Monday

Hi all,

NF not breaching 5982 should see some consolidation till 5820-5860

5860-5820 has become the ultimate support. NF closing below 5860 twice will nullify the positive sentiments.

Bye

12/03/2013 Tuesday

5977 was resistance and NF trading < 5955 signaled sell and with this we are already in profit as of till this time.

Lower levels 5905 and 5875-60

Bye

13/03/2013 Wednesday

Hi all

Those who are following the trend will always profit.

Till Cr policy is reviewed market will more or less consolidate till we again get a signal for rally. The way we got for short.

Every rally will be used to add more shorts, for NF 5938-5944 is for shorting.



Bye

 

[kthakker0]

11/03/2012 Monday

Hi all,

NF not breaching 5982 should see some consolidation till 5820-5860

Now 5860-5820 has become the ultimate support. NF closing below 5860 twice will nullify the positive sentiments.

Bye

14/03/2013 Thursday

Hi all,

Those who are not following the levels will always pay dearly.

Those who had kept 5820

• As its profit booking level and
• As their entry level

Would now be laughing their way to the bank, even before market closes.

This is the beauty of market and the levels.

Bye

 

[anup]

Thakker holding 5900 PUT bought 2 hours before.. hold or exit??

 

[kthakker0]

Thakker holding 5900 PUT bought 2 hours before.. hold or exit??

Today's movement has signaled that weaker hands are cut to size.

There was no need to buy Puts when NF was at 5820 as it was the most potent support level.

If you are profiting then exit as market has signaled reversal and is trading > 5938 the main level

Bye