Intraday Trading

[kthakker0]

09/05/2013 Thursday

Hi all,

NF can be sold while keeping 6095 as the SL

NF trading > 6095 can reach 6117-6133

NF trading < 6055 will see more shorts been added as from the start of this session NF is trading in discount.

And as forecasted in my yesterday's thread NF has played accordingly.

Bye

 

[kthakker0]

09/05/2013 Thursday

Hi all,

Short NF 6075-6080 SL 6095 Target 6025-6016

 

[DSM]

Hi Thakker,

Appreciate your thread. Wanted to check your views on how much of a weightage we can give to premium/discount factor in futures. For e.g Nifty futures were trading at 3 rupee discount, however by the time the session ended, they were at a 9 rupee premium.

Is it not that big institutions would rather be buyers of futures at a discount, and sell at a premium as it happened today.? Have seen this happening in stock futures as well. How much can we lay credence to the very rational logic of the market going down if the futures are quoting at a discount and vice-versa?

Your thoughts on this please.

Thanks.

09/05/2013 Thursday

Hi all,

NF can be sold while keeping 6095 as the SL

NF trading > 6095 can reach 6117-6133

NF trading < 6055 will see more shorts been added as from the start of this session NF is trading in discount.

And as forecasted in my yesterday's thread NF has played accordingly.

Bye

 

[kthakker0]

10/05/2013 Friday

Hi all,

Seller keep a SL of 6080 as > 6080 6117 is on the cards

Trading < 6055 will see lower levels but bulls will try to keep NF > 6055 for most part of the day.

Bye

 

[kthakker0]

Hi Thakker,

Appreciate your thread. Wanted to check your views on how much of a weightage we can give to premium/discount factor in futures. For e.g Nifty futures were trading at 3 rupee discount, however by the time the session ended, they were at a 9 rupee premium.

Is it not that big institutions would rather be buyers of futures at a discount, and sell at a premium as it happened today.? Have seen this happening in stock futures as well. How much can we lay credence to the very rational logic of the market going down if the futures are quoting at a discount and vice-versa?

Your thoughts on this please.

Thanks.

Changing Premium - Discounts and Discounts - Premium tells that a tug of war is going on btwn Bull n Bears and it's matter of time before we know we will win.

Such a scenario happens when major trend shift is going to happen.

BN is trading in discounts which suggests that BN is very ripe to be on the short side.

Where as there's a war going in NF.

Date factor suggest that on 13/05/2013 Monday Bulls should see loosing the battle.

So lets enjoy the battle from a safe distance till the verdict is out.



Bye

 

[kthakker0]

09/05/2013 Thursday

Hi all,

NF can be sold while keeping 6095 as the SL

NF trading > 6095 can reach 6117-6133

Bye

10/05/2013 Friday

Hi all,

Seller keep a SL of 6080 as > 6080 6117 is on the cards

Trading < 6055 will see lower levels but bulls will try to keep NF > 6055 for most part of the day.

Bye

12/05/2013 Sunday

Hi all

With NF trading > 6055 for most part of Friday and Saturday been explosive when traded near 6130 has met our near target.

Come Monday, a new week, with 6094 have now become a strong resistance, should see some profit booking from 6133+ levels

Monday's range is 6133-6094

Bye

 

[kthakker0]

13/05/2013 Monday

Hi all,

Today's OP 6115 is important to the extent to be used as a SL by all sellers.

Presently market has made a lower top-bottom in respect to Saturday's trade. And going by intraday chart it's a gap down opening.

Market till now has traded < today's range of 6094 and today's close < 6094 will signal that sellers are slowly getting an upper hand. So it would be prudent to remain short while keeping proper SL

6055 still remains a strong support

Bye

 

[kthakker0]

14/05/2013 Tuesday

Hi all,

Today 6016 is the important level and can either turn into a resistance or support for NF to reach 6036-6055-6075

5977 could prove to be intraday support.

Bye

 

[kthakker0]

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.


Bye

28/01/2013 Monday

Hi all,

Credit Review Day is the last chance for...

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.

16/05/2013 Thursday

Hi all,

The forecast of Jan 2013 is coming true now, and I have enjoyed it to the fullest, and am still enjoying.

That time it was weather rate cut or no rate cut. This time again the topic is same, but with a positive bias that rates will be cut.

Bye

 

[kthakker0]

15/05/2013 Thursday

Hi all,

My SL is 6133 for 6211, 6250, 6290 and 6328

Lets see what happens....

Intraday
Keep intraday SL of 6153 just in case profit booking takes place.


Bye