Intraday Trading

kthakker0

Well-Known Member
01/07/2013 Monday

Hi,

> 5920 market is gaining strength and for the fall to continue should not breach 5937. So the max SL is 5937 and conservative SL 5921


Bye
03/07/2013 Wednesday

hi,

NF > 5888 will sustain high price where you can short while keeping a SL of 5900

Bye
05/07/2013 Friday

Once again it seems that market has given us the opportunity to play safe the way we did last time.

This is just the care free day to trade when US the big daddy is sleeping.

Follow the above and trade accordingly.

Bye
 

kthakker0

Well-Known Member
07/07/2013 Sunday

http://www.thehindubusinessline.com...form-process/article4885337.ece?homepage=true

Read how Rupee was allowed to be devalued for their own interest without thinking about long term benefits in India's interest.

Perhaps an eye opener to all those who till now did not know the cruel ways of how successive Congress gov functioned and kept their own interest above India's in dealing with foreign gov and business entities and how Congress played to their tune in changing the rules and regulations to suite their pockets and liking while the Indians suffered in their own home land.

And also understand how those smart alex (Congress) fools Indians by always throwing the blame on someone else. But they forget that there comes a time when fools become far more intelligent then the smart alex's.

And now the fools (Congress) want to raise FDI to decrease Current Account Deficit (CAD) This is again devalue the Rupee further, leading to further problems to Indians. Its like a common Indian caught in the Credit Card debt trap where the interest is more then his original principal (Expenses)


Bye
 
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kthakker0

Well-Known Member

kthakker0

Well-Known Member
04/07/25013 Thursday

Tomorrow the market will consolidate and perhaps from Monday onward we should see a gap down opening.

"Food Security Bill" will put an additional debt of 1,25,000 crore which will put more pressure on Rupee there by increasing over all price of everything.

Bye
08/07/2013 Monday

Hi,

Bang! Gap Down and A Very Good Monday Morning to all who had sold and Bad Monday Blues to all those who are still long.

Bank bhar gaya aur aaj ka kota khatam.

Anything else is Bonus and that too before Diwali. Time to wait for Diwali bonus is long forgotten.

Bye
 

kthakker0

Well-Known Member
09/07/2013 Tuesday

Hi,

Chiddu has gone MAD. And the steps he is taking is detrimental to Indian market.

India is definitely not a market driven economy but Congress driven economy.

The reasons not in Congress favor are...
  • Rupee depreciated below 61 and Congress pissed in their buckets.
  • CAD zoomed like a PSLV rocket.
  • SEBI and RBI were pressed into action to curb the Rupee rise.

Just to say this is not the time to trade prudently with any technical or any other studies.

You only trade if you can predict what a mad man can do.

But one thing is certain in this un-predictive times, when the mad man runs out of breath then there will be no one to support the market.

The consequences of this unnatural fall out will be detrimental to the traders, as big head will slip away very easily, but the fall thereafter will wipe out much of the trading community.

Levels has proved their worth and value before and I'll will depend on them to do the same even in these un-predictive times.

Bye
 

kthakker0

Well-Known Member
09/07/2013 Tuesday

Hi,

By restricting Rupee slid Chiddu and Company thinks that they have blinded the market or its participants.

FII's are much smarter then Chiddu and so are Indian Traders.

Since the Rupee is still trading > 61 the chances of stock or any other market making gains is very much restricted.

Rally in NF will increases
  • The burden to restrict the rally
  • The reality of NF falling by Compounded Progression.

NF > 5859 will be Bears paradise to get max from the fall
NF < 5859 will confirm the reality that fall is eminent.


Bye
 
Fall would be very worse, Fundamentals are at their lows.... Rupee is not only a issue, Gold will find bottom in international market and start rally upwards, Crude will jump. No Interest rate expectation from GOVT. Inflation would be high... I believe some where down the line, we could see bear opening days.....

It is interesting to see if Global News help. if so ever.