Intraday Trading

[kthakker0]

20/08/2013 Tuesday

Hi,

It seems that Smart Traders have swept away all the lower levels sell trade upto 5200 and have already made a killing.

My lower level was 5239, which I, pretty much thought that it will not be breached. But I have been proved wrong.

But I'll keep 5313 as SL for all long and continue trade in anticipation of NF rising.


Bye

 

[kthakker0]

07/07/2013 Sunday

http://www.thehindubusinessline.com/opinion/fed-knocks-wind-out-of-markets/article4873813.ece

Read the section "REVOLUTION IN THE AIR"

Market is talking of Rupee trading at '70' v/s $. A real worried forecast as expected due to "Food Security Bill" of 1,25,000/- crore.

We do need to kick in the behind of Congress so as to clear the "Dirty Financial Mess" created by them deliberately.

Bye

21/08/2013 Wednesday

Hi,

http://economictimes.indiatimes.com...o-says-Deutsche-Bank/articleshow/21950573.cms

Its not even two months, when Rupee at 70/- was been whispered and now big boys are shouting and repeating the same line.

On 07/07/2013 when the above was written, NF was trading at 5800. It rallied to 6107 (our 6094) and we know the fall thereafter.

The point to note over here is whispers are to be taken very seriously.

NF
Closing > 5469 should see 5550.

There are some more higher targets for NF, but for now since the market mood is not that up-beet lets go slow and steady.

With big boys sounding more negative for India and Rupee now staring at 70/-. No one know kab market phat ja-yea ya phad day.

Bye

 

[kthakker0]

19/08/2013 Monday

Hi,

After hitting 5425 NF tested 5470 for resistance (our 5469) it was a shorting zone as 5430 had to be tested for support.

It broke 5425 and thereafter NF could not trade above 5450 thus making 5469 a tough resistance. This 5450 again became the sell zone for 5391 levels.

NF lower level is 5313 and higher level is 5625


Bye

21/08/2013 Wednesday

Hi,

Stock market is perhaps the most user friendly market that traders would have ever seen.

The reason been that "This market presents same opportunity multiple times".

Those who had followed the above levels just day before yesterday will know the there is hardly any difference between today and Monday.

• 5469 was the resistance then and today as well
• 5450 was the resistance then and today as well
• Breaking of 5425 support saw NF falling towards 5391 then and today as well
• Breaking of 5391 saw NF moving towards 5313 level which is also my SL for long.

Today's trading session is so to say the mirror effect of Monday.

Today's close above 5313 will give the necessary fill up for us to presume that bottom at 5200 is formed and tested.

As it has already formed a Higher Top and a Higher Bottom as of now.


Bye

 

[sabhlok_r]

21/08/2013 Wednesday

Hi,

Stock market is perhaps the most user friendly market that traders would have ever seen.

The reason been that "This market presents same opportunity multiple times".

Those who had followed the above levels just day before yesterday will know the there is hardly any difference between today and Monday.

• 5469 was the resistance then and today as well
• 5450 was the resistance then and today as well
• Breaking of 5425 support saw NF falling towards 5391 then and today as well
• Breaking of 5391 saw NF moving towards 5313 level which is also my SL for long.

Today's trading session is so to say the mirror effect of Monday.

Today's close above 5313 will give the necessary fill up for us to presume that bottom at 5200 is formed and tested.

As it has already formed a Higher Top and a Higher Bottom as of now.


Bye

Thakker bhai...nf @ 5261... now what is the level to look for long entry?

 

[kthakker0]

21/08/2013 Wednesday

Hi,

NF
Closing > 5469 should see 5550.

There are some more higher targets for NF, but for now since the market mood is not that up-beet lets go slow and steady.

Bye

26/08/2013 Monday

Hi,

Taking strong support at 5313 we saw the slow and shaky rise in NF which today saw the high of 5526, where as our target is of 5550.

Opening > 5469 indicated bullish sentiment and positive momentum with 5469 acting as a strong support for any fall in NF.

> 5469 my targets are 5550, 5585 and 5625
< 5469 my targets are 5430, 5391 and 5350

I book profits even on small rallies while remaining bullish.

Whereas market continues to trade with shaky retreat on any negative news.

By and large market is trying to digest the great amount of bad news with the help of unwanted bitter medicine pills in the name of "Falling Prices"

Books profits as and when opportunity arises while keeping the levels in mind.

Bye

 

[kthakker0]

02/09/2013 Monday

Hi,

Following the last post, our target of 5550 is facing some resistance at 5525 level.

CP > 5508 should see 5550 and then further level of 5625.
CP < 5508 will make it difficult to reach 5550 and could possibly see some fall.

But for now it seems a good time and position to book profits.

Let the market tell us what it wants to do.

Bye

 

[kthakker0]

02/09/2013 Monday

Hi,

Now, that 5550 is achieved and bagged, this 5550 has become the fulcrum for, either 5625 or lower levels.

Lets see what happens.

Bye

 

[kthakker0]

02/09/2013 Monday

Hi,

Its a short for me while keeping a SL of 5586 for 5510 and then lower levels

Bye

 

[whisky]

02/09/2013 Monday

Hi,

Now, that 5550 is achieved and bagged, this 5550 has become the fulcrum for, either 5625 or lower levels.

Lets see what happens.

Bye

IMO, 5625 will act as strong resistance, so shorts above 5600 seems to be good as per risk:reward

 

[kthakker0]

IMO, 5625 will act as strong resistance, so shorts above 5600 seems to be good as per risk:reward

02/09/2013 Monday

Hi,

Whisky: Jaisaa tera name waise he likhawat, bus maaja aagayea.

But only > 5586 should we see 5625 levels else 5508 and lower levels.

Bye