Intraday Trading

[kthakker0]

11/07/2013 Thursday

Hi,

Tomorrow's Intraday

• Either 5977 becomes a resistance and we see a reversal
• Or if NF sustains trading above 5977 then the next target is 6095

Bye

21/07/2013 Sunday

Hi all,

Sometime destiny favors something else for us and not that we desire.

I was kept out of the market the whole past week, for some personal reasons.

And today I saw that NF was just 20 points away from 6094 on Friday inspite of all odds.

Market is trading in testing times, where BN is falling and NF is rising.

Tomorrows Trading probability

• NF trading > 6036 is bullish enough to reach 6074-6094 where selling will take place as it continues to trades higher and will be more pronounced at or > 6094
• NF trading < 6036 should be bearish enough to reach 6016 - 5977

Bye

 

[kthakker0]

23/07/2013 Tuesday

hi,

With our 6094 target achieved, its time to set sight at another level.

NF trading > 6094 will find strong resistance btwn 6110-6115 which is a bindas Sell area.

Bye

 

[kthakker0]

24/07/2013 Wednesday

Its possible that NF may trade @ or > 6035 - 6055

Bye

 

[kthakker0]

29/07/2013 Monday

Hi,

NF trading at 5889 has achieved my target.

Now it seems that a corrective rally is in the making to reach 6000.

But, any further fall could see 5859 and till 5830 which is the strongest support for reversal.

Lets see what happens

Bye

 

[kthakker0]

29/07/2013 Monday

Hi,

NF trading at 5889 has achieved my target.

Now it seems that a corrective rally is in the making to reach 6000.

But, any further fall could see 5859 and till 5830 which is the strongest support for reversal.

Lets see what happens

Bye

29/07/2013 Monday

Hi,

NF trading > 5918 will reach my Profit booking target of 5938

Bye

 

[kthakker0]

29/07/2013 Monday

Hi,

NF trading > 5918 will reach my Profit booking target of 5938

Bye

29/07/2013 Monday

Hi,

If 5889 is not breached now then it's makes 5889 a strong support atleast for some time to see NF trading at 6000

Bye

 

[kthakker0]

29/07/2013 Monday

Hi,

NF trading at 5889 has achieved my target.

But, any further fall could see 5859 and till 5830 which is the strongest support for reversal.

Lets see what happens

Bye

30/07/2013 Tuesday

Hi,

With the breaching of and closing below 5889 now 5830 is in the making.

Bye

 

[kthakker0]

03/08/2013 Saturday,

Hi,

US economy is very weak / unhealthy.

So in this sense forget about the FDI Hawa Mahal shown by UPA, there won't be any serious FDI flowing in India, and with the kind of publicity that India is receiving (thanks to UPA) where our PM is branded as Underachiever and Puddle of Sonai, any person with a sound sense of logic will know what is going to happen in near future.

Hawa may na kabhi Mahal bana tha aur nahi kabhi banay ga.

Remember, whenever we choose wrong leaders, we all will get a bucket full of potty on our head. CAD is that bucket. And we are such fools that we are not only paying higher price for every item that we use in a day-day basis but also paying Service Tax for all the wrong things done by UPA and its allies.

Every word that Chiddu said when he became FM, about Lower CAD, Stability in market, Lower interest rates, etc were "Pure Lies". He was quick to lecture RBI about lowering interest rates. But where was he? When RBI was forced to increase the Bank Rate (not repo) which increased the Banks cost and directly affected the whole gamut of banking services.

What will be your feeling towards a person who has the power to stop if something wrong is happening but does not stop it and you are affected for no reason of your own. The same feeling goes for our PM.

With FM like Chiddu PM like ManMohan and gov like UPA India will never be short of enemies.

Every one know's that India is a "Democratic Country" But how many of us knows what does Democracy means?
I have found out some meanings of "Democracy"

• Self-ruled: Khud ka kanoon
• Self-governing: Khud ko sambhalo.
• Independent: Make decision for one's own self. Answerable to no one.
• Autonomous: Independence or freedom of will to perform any action. Any action means any action which includes Corruption, PM going back on his Promise on Lok Pal, Killing or Penalizing Honest gov officers (Durga Nagpal, Ashok Khamka)
• Self directed: Do what you feel is right.
• Sovereign: An Independent Supreme Ruler (Congress perception about itself)

Agar baccha galti karay ya na manay toa maa / baap us ko samjatay hai, phir bhi baccha na manay to baap us ko sajja day taa hai. Come General Election and Congress will know kay baap kaun hai.


Bye

 

[kthakker0]

08/07/2013 Monday

Hi,

Close < 5768 will see lower levels of 5700 till 5625

Bye

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

11/07/2013 Thursday

Hi,

Tomorrow
Either 5977 becomes a resistance and we see a reversal or if NF sustains trading above 5977 then the next target is 6095

Bye

06/08/2013 Tuesday

The steps taken by Chiddu to control Rupee fall was only to facilitate the Big heads from getting pissed when the market fell.

Big heads have indeed slipped away when the market rallied from 5770 - 6094 btwn 08/07/2013 - 23/07/2013

Thereafter market has indeed fallen flat on it's face more violently then ever by destroying all the known levels. And have taken away many of the Traders from our Community like the recent Flash Floods of Uttarakhand.

5625 was supposed to come from 08/07/2013 but it took some time. So in any which way you see the forecast was clear in terms of 5625 level.

The day of reckoning finally arrived today with NF trading below previous swing low of 5556 and traded at 5546.

"Indeed there was no one to support the market"


And there was no point in writing about any of the levels as all of them were destined to be broken one after another. The only question was "When" for which at least in the Trader community "No one has the answer"


The fall from here on should get arrested btwn 5469 - 5415

Lets see what happens and where does our market finds it's bottom.

Bye

 

[kthakker0]

07/08/2013 Wednesday

Hi,

The type of jokes doing the rounds about the Indian stock market are...

• “What will you get for Rs 90? — Infra pack: HCC + IVRCL + NCC + GVK + GMR + LITL (Lanco Infra) + Madhucon + Punj Lloyd = Rs 90! Great India growth story,” said one such SMS.
  
• "Tata Power, out of Power” said one such message. Tata Power crashed 15 per cent after its Q1 numbers were announced.
  
• “God save the Indian traders/ investors, coz’ even the Govt is working overtime against these poor creatures.”
  
• Hindustan Copper: “Jindabad Jindabad Chiduji Sonay Ko Pittal Bananay kay liyea.” (Long live Chiduji for converting a golden scrip into copper).

Courtsey: The Hindu Business Line

Day-day trickle - trickle India's image is been eroded by worthless Congressmen.

Even their shameless allies SP is talking about their brazen acts in public. Ref Durga Shakti Nagpal episode.

Bye