Intraday Trading

[anup]

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

Thanks

 

[kthakker0]

14/03/2013 Thursday

We thank S&P for today's movement.

And with rate cut on the horizon the race to 6250 has begun.

Today's movement is very big, and difficult to predict tomorrow's move, as the masses are still not convinced about the rally.

But 5990 is not far from 5950 so to say. It seems that momentum will be carried forward till Tuesday (Rate Cut or No cut day) and bulls will try hard to trap most of the seller in the market.

If we close above 5991 the next stops are 6040 and 6105

Chalao! let's again hear and see which story will market play this time?

Enjoy The Happy (Story) Time (while it last's)

Bye

 

[kthakker0]

19/03/2013 Tuesday

Hi all,

With DMK pulling the plug all the upper targets are nullified.

The market is spooked and has drained all the confidence of the rally.

The situation is like, DMK left Congress in Kumbh Mela, "Never to be found".

Unless, some sort of temporary pact is made btwn DMK and Congress by 21/03/2013

With today's fall the rally has turned negative and has changed into a falling Wave C and the levels are 5714, 5672 and 5545 while keeping 5782 as the SL

Happy Hunting in this (unexpected) hunting season, but be careful by not becoming the hunted instead of the hunter.

Bye

 

[anup]

Hi Thakker, Thanks for the update..So can i take some PUTs of April series??

 

[timepass]

5782 breached..

 

[anup]

5782 breached..

He might be mentioning about Spot not future

 

[kthakker0]

Hi Thakker, Thanks for the update..So can i take some PUTs of April series??

Market will be play blind till 21/03/2013 when DMK will take a confirmed stand.

So till that time buy 6000 or 5900 Call and hedge it with Puts.

Or sit idle and watch the market.

Bye

 

[anup]

Market will be play blind till 21/03/2013 when DMK will take a confirmed stand.

So till that time buy 6000 or 5900 Call and hedge it with Puts.

Or sit idle and watch the market.

Bye

Will sit idle and watch the Show...Let the show begin...

 

[kthakker0]

5782 breached..

Close above 5782 will be the first signal of changing scenario and if closed above 5810 should give some relief from the falling heat.

Bye

 

[kthakker0]

19/03/2013 Tuesday

Hi all,

Current time belongs to DMK and specially to Karunanidhi so "Only Karunanidhi's word has the highest weightage then anyone else"

Only believe what Karunanidhi say's to get direction of the market.

Congress got the biggest and the loudest GPL of it's history and that too for meddling affairs of some other country.

This is politics: even the mighty Congress become a dog before DMK and is currently wagging its tail in an aspiration of getting some life on lease

Congress is shameless party instead of standing for what it has done, it is now looking for option and is trying to reason with DMK.

This proves that Congress is a spineless party and does not even have the guts to stand on his own words.

Even PM went back on his written statement given to Anna Hazera.

This is what you get when you form the gov thru alliance and then cannot control them. This is nature "You will always get what you give"

Bye