Intraday Trading

kthakker0

Well-Known Member
07/05/2013 Tuesday

Hi all,

Weather you are aware of CobraPost or not, please visit this site http://www.cobrapost.com/ and read the verbatim and watch the videos to know how various banks are helping to inject unaccounted money back into the system.

Beware of Banking stocks in light of these revelation and try not to get caught on the wrong side when things start to show their ugly faces.

Why Cobrapost expose was a non-event for bank stocks
http://www.moneycontrol.com/news/ma...pose-wasnon-event-for-bank-stocks_865471.html

FinMin too not acting firm on money laundering
Ministry of Finance has wrapped up the Directorate of Criminal Investigation (DCI) that was set up to check the flight of black money out of the country and bring the culprits to book, under the mandate of the Parliament. It was this agency which was on hot pursuit of those industrialists and politicians who have parked their black money with the Geneva branch of HSBC Bank and whose names were made public by the French government
http://www.moneycontrol.com/news/ma...ng-firmmoney-laundering-cobrapost_865311.html

Here's how banks, insurers help clients launder black money. Different ways as to how Black / Unaccounted Money is channeled back into the system
http://www.moneycontrol.com/news/ma...-help-clients-launder-black-money_865239.html

The market knows most of the things and is ready to take big chances whereas traders (like me) are aware of less then 0.5% of the whole thing. But still Its better to be safe then sorry.
 

kthakker0

Well-Known Member
07/05/2013 Tuesday

Hi all,

NF to see Selling pressure btwn 6000-6016-6026-6039

More selling pressure when 5938 is breached

Bye
07/05/2013 Tuesday

Hi all,

NF is now trading at our selling target but it could reach 6051-55 which is the last and the most formidable resistance and in any case it would not sustain above it.

But this market and anything can happen with money power so let's keep 6055 as the SL in case it is breached


Bye
 

kthakker0

Well-Known Member
07/05/2013 Tuesday

Hi all,

Sell NF 6030-35 for 5977-5938 levels SL 6055

6055
Keep 6055 as strict SL because breaching 6055 the next target is 6085-95 and with this tight bull grip it's easily possible.
 
Last edited:

kthakker0

Well-Known Member
SL must have triggered for DLF.
Yes SL indeed have been triggered with DLF trading at 241+

NF 6055 SL have also been triggered.

NF is near the striking distance of forming a new high above 6120 with current price and bull grip.

Rising weekly indicators are providing the req support for price to sustain at such higher levels.

Its always prudent to book some loss if caught on the wrong side of the trend, if the levels are not strong enough to withstand the onslaught. Here 6055 is the second strongest resistance after 5938

We should see price easing from 6055 level to reduce losses.

Or else trader can hedge the position with options to minimize the loss

Bye
 

kthakker0

Well-Known Member
25/01/2013 Friday

buy NF > 6045 for smart rally keep SL at 6033 and last at 6016
NF trading < 6000 go for 5977

Bye
25/01/2013 Friday

Hi all,

NF reached 6082 which is between our Targets 6075-6094.

Tomorrow NF trading above 6094 should see 6114-6133-6155-6172 levels.

Keep strict intraday SL of 6045.

Bye

28/01/2013 Monday

Hi all,

Tomorrow's range is 6055-6095 TS = 6085

This ceremony will push the remaining last leg of this rally to its 6250 level.

Guys this is our last chance for us to make money in this remaining last leg of the rally.

Bye.

01/02/2012 Friday

Keep the above in mind and go short when NF trades < 6050 for 6016 and 5977.

Trading > 6085 will be difficult and should be the SL

NF trading > 6085 its 6094-6104-6120

Today's range is 6095 - 6055 TS = 6085

Bye
07/05/2013 Tuesday

Hi all,


I was recalling some of the forecast made in end of Jan 2013 and early Feb 2013 where in I am again looking at the mirror effect for past couple of days.

Tomorrow's range is 6055-5977 and with market in the strong bull grip NF could again see 6075-6085-6094 as previously forecasted.

With Spot Nifty closing > 6000 its pretty obvious to assume that bears are trapped for now and bulls will milk them as far and as long as they could, because the bulls will not get this kind of a situation in the near future.

Follow the levels as previously indicated 4 months ago and trade accordingly.

Rising weekly indicators are giving a tough time to the bears, and it could be a while before the bulls loosen their grip.

With whispers of Congress planning to pull the plug in Oct-Nov 2013 makes this the last bull run.

Right now no want's to hear about Cobrapost, Coalgate, 2G etc but with BN trading in discounts and NF more or less loosing the premium, clearly indicates that the fall will be a nasty one for all those bulls who will be trapped like the current sellers.

Bye
 

kthakker0

Well-Known Member
08/05/2013 Wednesday

Hi all,

If NF trades above 6075 there are greater chances to reach 6115

As long as it trades below 6075 and main level of 6055 chances are greater for 6036 - 6016 level

Bye
 

kthakker0

Well-Known Member
08/05/2013 Wednesday

Hi all,

If NF trades above 6075 there are greater chances to reach 6115

As long as it trades below 6075 and main level of 6055 chances are greater for 6036 - 6016 level

Bye
Hi all,

Our forecasted pattern played out as a mirror image which happened in RT while creating wealth for those who played it.

Tomorrow range is 6016-6095 with 6055 as TS and NF is likely to be traded btwn 6055-6094 NF trading above 6094 can see 6133 levels.

Bye