Intraday Trading

[kthakker0]

29/04/2013
Buy
L&T 1537-1541 SL 1520 Target 1550-61-68

Intraday + Positional
Cipla 411-12.5 SL < 407 Target 420-25-30

ING 600-603 SL 595 Target >598 it rally till 608-612-618


Sell
Infy
Sell btwn Resistance of 2260-2240
Breaking the support btwn 2200-2190 its 2177-2142-2121

 

[kthakker0]

30/04/2013 Tuesday

Hi all,

Those who have traded at 5960 would have by now been in profits as this is the high resistance zone for market to sustain any higher levels, even if market trades at higher levels it's a perfect opportunity to short NF.

The nearest lower level is 5850 for now

Bye

 

[kthakker0]

02/05/2013 Thursday

Hi all,

Market is giving us multiple chance again - again to dance.

As this market favors those who have Guts to stay in spite of all odds.

Perhaps till tomorrow, till the Credit Policy is announced bulls will grip the market breath tight and will make put buyer and seller to redeem their trades.

Buy 5600 or 5700 puts as they have the least premium and you get the most advantage when market fall.

Today's range is 5859-6011 with 5938 as TS and selling levels as 5938, 5958, 5977, 5996 and 6000+

Bye

 

[kthakker0]

02/05/2013 Thursday

Hi all,

Tomorrow two important things are coinciding together which will determine future trend.

1. Cr Policy: After the announcement there is a perception that market will see very quick profit booking.
2. Gann Turning Days: Are from 03/05/2013 - 07/05/2013.

Tomorrow's been the 1st Gann Turning Day, it's OP is very important and has to be taken into consideration for trading after policy announcement.

Trend will be set with the announcement of policy and thereafter NF trading above / below it OP will signal the future trend.

Tomorrow 6016-22 n 6042-56 is The RED ZONE.

Bye

 

[prabhsingh]

02/05/2013 Thursday

Hi all,

Tomorrow two important things are coinciding together which will determine future trend.

1. Cr Policy: After the announcement there is a perception that market will see very quick profit booking.
2. Gann Turning Days: Are from 03/05/2013 - 07/05/2013.

Tomorrow's been the 1st Gann Turning Day, it's OP is very important and has to be taken into consideration for trading after policy announcement.

Trend will be set with the announcement of policy and thereafter NF trading above / below it OP will signal the future trend.

Tomorrow 6016-22 n 6042-56 is The RED ZONE.

Bye

Post credit policy due you think some sort of free fall can happen because after today's rally tomorrow rate cut should not make any difference as markets already seems to have taken that factor unless there is substantial rate and crr cut.

 

[kthakker0]

Post credit policy due you think some sort of free fall can happen because after today's rally tomorrow rate cut should not make any difference as markets already seems to have taken that factor unless there is substantial rate and crr cut.

Each n every market participant thinks the same way.

I had seen a old hindi movie where Mehmood shows Rs 10/- note to lala shukhiram, lala shukhiram in return shows him Rs 100/- note and then snatches away the Rs 10/- note from Mehmood and says "This is Natural, Big Note will always attract smaller ones towards them"

The same thing happens in each n every market.

The Market is driven by the most competent and shrewdest like minded set of individuals who will always gauge the mood of the market and then swing the market with their money power in their desired direction and not where we think it should or will go.

So instead of thinking which way the market will go, concentrate on levels and keep the other level as the intraday SL.

Bye

 

[timepass]

What's your expectation for BNF ??

 

[kthakker0]

What's your expectation for BNF ??

BNF is a waste of Time and Money as it does have anything substantial to offer to the traders, unlike NF where a basket of many sectors with their respective companies compete for their share to be recognized.

BNF is rate sensitive material always controlled by Gov and things that are controlled are always manipulative and besides Rate Sensitive material are always Toxic in nature as they are not naturally stable.

I don't waste my time on these derivatives.

Bye

 

[kthakker0]

02/05/2013 Thursday

Hi all,

1. Cr Policy: After the announcement there is a perception that market will see very quick profit booking.
2. Gann Turning Days: Are from 03/05/2013 - 07/05/2013.

Tomorrow's been the 1st Gann Turning Day, it's OP is very important and has to be taken into consideration for trading after policy announcement.

Trend will be set with the announcement of policy and thereafter NF trading above / below it OP will signal the future trend.

Bye

05/05/2013 Sunday

Hi all,

All the above forecasted on Thursday have shown a mirror effect in the market on Friday and those who followed them have definitely profited.

5938 is important in many ways...

• The strongest support as of now.
• Monday the second Gann Day is imp in the sense that if 5938 is breached the market will remain subdued.
• Close < 5938 is the signal to go / remain short in the market.

Tomorrow's range should be btwn 5900-5938-5977-6000

Since US markets are up it should see a positive effect over here as well.

Bye

 

[kthakker0]

06/05/2013 Monday

Sell
DLF Futures 231-233 SL 235 Target 225 - 218