Intraday Trading

kthakker0

Well-Known Member
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.
Forget Global, Congress has created more then enough Negative News and Conditions that it will be very difficult for any market to rally.

Congress is poking its Dirty Nose in each n every market / sector
  1. Stock
  2. Currency
  3. Bullion (Specially Gold)
  4. Oil n Gas
  5. Sugar
  6. Fertilizer
  7. PSU Banking (Since RBI did not listen to Chiddu in regards to lowering interest rates Chiddu is dictating to decrease interest rate, Lowering interest rate will increase NPA of those PSU bank's when Congress and his Badmash Company will not be in power.)

You are free to add those sectors which I have forgotten

Bye
 

kthakker0

Well-Known Member
09/07/2013 Tuesday

Hi,

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


Bye
10/07/2013 Wednesday

Hi,

Intraday
  • Bears can keep a near SL at 5911-5920 but Strict Max @ 5937
  • Trading > 5880 bulls should manage to hold position
  • Trading < 5880 market slipping into bears hands.
  • Nifty Spot Closed at 5859.
  • Trading < 5840 bears would have already got upper hand

Indian Market is waiting for Infy results on Friday after which the trend will be visible properly
And FII's are probably waiting to confirm the same after FOMC meet in US on Wednesday.


Bye
 

kthakker0

Well-Known Member
10/07/2013 Wednesday

Hi,

A Snap Shot of India's debt in relation to its reserves

http://www.thehindubusinessline.com...entities-now/article4895405.ece?homepage=true

India's foreign reserve is roughly $ 285 billion
India's foreign debt is roughly is $ 310 billion

Now where do you think our Rupee will go?
The only way is down - down and only down.

And idiots like Chiddu wants to contain the descend.

The splinters been put in the market will only unleash hell in future.

And where do you think the market will go or are going...

Till our BOP is reduced significantly be ready to live in below Rupee 60/- to a $

Bye