Intraday Trading

kthakker0

Well-Known Member
03/09/2013 Tuesday

Hi,

Our target of levels lower then 5508 is achieved but market it seems is in no mood to go down further, this calls for a review of what could possibly happen.

It seems that rally is creating a good foundation for itself to propel upwards.

Seller's keep a near SL of 5520 and strict SL of 5547

For those who are long keep a SL of 5469

Let's see what happens.

Bye
 

kthakker0

Well-Known Member
03/09/2013 Tuesday

Hi,

The earlier forecast of much lower levels in NF did come true, even though I misjudged some intraday movement.

Coal and Congress are synonymous with each other and you cannot make out weather you are looking at Coal or any one from Congress.

5391 - 5340 - 5313 are my lower levels.

Let's see where does NF take rest.


Bye
 

kthakker0

Well-Known Member
03/09/2013 Tuesday

Hi,

Missile Syria may toa nahi phata lekin us nay BSE aur NSE kee phad dee.

With market bleeding and SEBI all set to impose Daily Circuit from 1 Oct 2013 should bring some stability in the market.

Market is looking towards the new RBI gov who is all set to take charge from 5/9/2013 Thursday and perhaps he may give some indication of good news which market can cheer.

In the light of the above expectation and events with prevailing negative sentiments, tomorrow NF trading below 5313 should see 5285 at where it should stabilize and perhaps could also see a reversal of fortunes.

This is what I presume, as I am only a follower and so will always follow where the market wants me to follow.

Bye
 

kthakker0

Well-Known Member
03/09/2013 Tuesday

Hi,

Market should stabilize and perhaps could also see a reversal of fortunes.

This is what I presume, as I am only a follower and so will always follow where the market wants me to follow.

Bye
04/09/2013 Wednesday

Hi,

Our forecast of "Market Reversal" came rather quickly or shall we say that bulls trapped the bears.

And I'll again follow all the mentioned levels in this Bull run for at least 5625

No matter what you think, the only eligible thing is how much you earn, rather then what or how you analyse.

The good side of this practical market which everyone loves is that: It gives plenty of time and excuses for everyone to indulge themselves in Thesis, Hypothesis, Analysis which practically ends in Paralysis with Virtual Loss of Brain Power (Deemag kaam nahi karta) compounded with "Real Loss of Money."

I do read other people's opinion to find some quality information but instead what I find is the above mentioned "Good side which is too sweat for me to digest."

The market timing from 09:15:00 till 15:30:00 is practically for "Earning Money" and not wasting this "Divine Opportunity"

Bye
 

kthakker0

Well-Known Member
05/09/2013 Thursday

Hi,

From today a new RBI gov will be handling the Financials of India.

Let us hope that he also has the same courage and convection that was displayed by Dr Subba Rao while handling the same portfolio.

We also hope that he displays exceptional courage to take Bold Decision that are good for India, rather then pleasing his Masters.

NF closing > 5469 is set to go for 5625 and closing above 5625 it's 1st 5700 and then 5800.

Bye
 

kthakker0

Well-Known Member
05/09/2013 Thursday

Hi,

Shorting 3 times during the course of the day at the avg price of 5620 to cover at 5580 gave me a cool 100 points till now.

Bye
06/09/2013 Friday

Hi,

Shorting once more in the morning gave 50 points.

05/09/2013 Thursday

Hi,

NF closing > 5469 is set to go for 5625 and closing above 5625 it's 1st 5700 and then 5800.

Bye

Breaching and Trading > the resistance of 5640 confirmed 5700 level which has been bagged.

Bye
 

kthakker0

Well-Known Member
05/09/2013 Thursday

Hi,

NF closing > 5469 is set to go for 5625 and closing above 5625 it's 1st 5700 and then 5800.

Bye
10/09/2013 Tuesday

Hi,

We have seen the above forecasted rally happening in mirror effect in stages under one reason or the other in 3 days.

And with my extreme target of 5859 been achieved I am waiting for some signals to see what should happen from here on.

Perhaps this rally could see 5938 levels

Bye
 

kthakker0

Well-Known Member
10/09/2013 Tuesday

Hi,

Multiple events are coinciding at...
17-18/09/2013 FOMC meet on tapering the buy back package.
19/09/2013 Market Turning Date
20/09/2013 RBI Policy Meet

Till then the market could be held at higher levels so that most of those "Big Fish" who are caught on the wrong side can utilize this window of opportunity to get out.

Let's see what happens.

Bye