Swing Trading for Nifty Futures

[kthakker0]

15/04/2012 Sunday

Hi all,

Why do we have RTI?

Because when we asked our political leader to justify their action(s) in relation to the list of benefits that would occur to the common man or for that matter to India, he / she was not able to answer it to our satisfaction.

Anna had the courage to stand against them all and have been credited to bring down some power full personalities in State politics to their knees in this respect.

But going against Central Gov was a different ball game all together, but never the less Anna stood against all pressures and we Indians gave our full undying support to him whenever he requested for the same.

We all have heard one saying "If I die so will you" and this is true in respect to the present coalition UPA 2 Gov

Go thru this link, some might have even read it

http://www.hindustantimes.com/busin...1-type-situation-now-RBI/Article1-840974.aspx

What do we make out of this situation?

Only rely on your self, earn as much as you can, when ever you have the chance don't let the chance go by as the above link has shown a picture which can be worse then Greece, if it happens to India and who is to be blamed? No fuc$%^ political leader will have the guts to answer it.

We are told to prepare for the Future, but doesn't this rule apply to the ruling party or they are only to fill their own pocket in one way or the other and if we try to stop them they have the courage to destroy the Financial Fabric of our very own mother land to such an extent that we and then perhaps our children will have to pay the price.

Well in this case I am not ready to pay the price for some fuc@$%^ bastar# politician who is busy filling his pocket from our tax.

Indian Financial market is going to go thru a very turbulent phase in these coming 2 years after which we have our 2014 General Election.

 

[vinst]

15/04/2012 Sunday

Hi all,

Why do we have RTI?

Because when we asked our political leader to justify their action(s) in relation to the list of benefits that would occur to the common man or for that matter to India, he / she was not able to answer it to our satisfaction.

Anna had the courage to stand against them all and have been credited to bring down some power full personalities in State politics to their knees in this respect.

But going against Central Gov was a different ball game all together, but never the less Anna stood against all pressures and we Indians gave our full undying support to him whenever he requested for the same.

We all have heard one saying "If I die so will you" and this is true in respect to the present coalition UPA 2 Gov

Go thru this link, some might have even read it

http://www.hindustantimes.com/busin...1-type-situation-now-RBI/Article1-840974.aspx

What do we make out of this situation?

Only rely on your self, earn as much as you can, when ever you have the chance don't let the chance go by as the above link has shown a picture which can be worse then Greece, if it happens to India and who is to be blamed? No fuc$%^ political leader will have the guts to answer it.

We are told to prepare for the Future, but doesn't this rule apply to the ruling party or they are only to fill their own pocket in one way or the other and if we try to stop them they have the courage to destroy the Financial Fabric of our very own mother land to such an extent that we and then perhaps our children will have to pay the price.

Well in this case I am not ready to pay the price for some fuc@$%^ bastar# politician who is busy filling his pocket from our tax.

Indian Financial market is going to go thru a very turbulent phase in these coming 2 years after which we have our 2014 General Election.

Before election financial condition would be spoiled, then in last few months good 'decision' would be taken to gain electoral mileage. Crooks are elected by us only. Whereever anti-corruption people, financially sound decision makers have fought elections, they have lost (e.g., In Punjab, Badal's nephew who tried hard to remove freebeis for so-called farmers los heavily).
we are junk. we deserve junk.
please don't mind my words but they are true. Anna is nothing in front of these moneyed people. We need some Bhagat Singh to fire-up the people.

 

[kthakker0]

Before election financial condition would be spoiled, then in last few months good 'decision' would be taken to gain electoral mileage. Crooks are elected by us only. Whereever anti-corruption people, financially sound decision makers have fought elections, they have lost (e.g., In Punjab, Badal's nephew who tried hard to remove freebeis for so-called farmers los heavily).
we are junk. we deserve junk.
please don't mind my words but they are true. Anna is nothing in front of these moneyed people. We need some Bhagat Singh to fire-up the people.

Very True in this respect. Unless and until we Indians do not get up from our slumber, we deserve and we will only get ****.

I hope the torch of anti-corruption does not die out unless all those bast#$% like PC, Kalmadi, Sharad Pawar, Mayawati and their bureaucratic chamchas are not silenced (In the 2014 General Election, all of them should have their deposit revoked) We do need Gandhi and Anna but we also need Bhagat Singh, Sardar Vallabbhai Patel, Subhas Chandra Bose and the likes who did not tolerate nonsense.

 

[kthakker0]

16/04/2012 Monday

Hi all,

Inflation 6.9 and GDP 6.9

Na khaya na piya magar Glass jarur toda

In other words No Growth and what we are doing? Discussing CRR and rate cut and who benefits from the rate cuts no one really knows.

But one thing is for sure weather rate cut or no cut common man gets sliced each and every day .

My mantra: Earn as much as you can from where ever you can and celebrate every evening.

Tomorrows range 5273 - 5195 with 5235 again as trend setter.

RBI is hinting at lowering rates, lets see what comes out of the hat?

Bye

 

[kthakker0]

17/04/2012 Tuesday

Hi all,

NF has sustained above 5235 which has given a strong support.

Tomorrows range is 5351-5195 levels acting as support will be 5313, 5274 and 5235.

NF sustaining above 5313 will go for the next target which is 5391

NF closing and sustaining above 5402 for 3 days will aspire for 5625 levels.

Bye

 

[timepass]

NF sustaining above 5313 will go for the next target which is 5391

ahh... 5313 again crucial

 

[kthakker0]

17/04/2012 Tuesday

http://economictimes.indiatimes.com...essure-unfortunately/articleshow/12703500.cms

But why did Congress take such a step... the reason is, it wants to make up for the promise it had made for funds mobilization and for this to happen the stock market has to have some crucial inputs which can work like steroids to make the market work like a bull.

And so 0.50% cut was more then what the market could have imagined.

SEBI has aided the Gov in prescribing that all the listed companies should have 25% of public holding. And for this to happen the stock market has to be in a over drive bullish sentiment, which I presume that going forwards more or less will be scaling upwards.

So now it won't be difficult for Gov to mobilize enough capital thru PSU sale and fund mobilization thru open market (if required)

But what will happen after the requirement is fulfilled, even God will not save those who will and are surely going to be trapped in this bull shitting phase.

Guys be careful as in each and every step the smart trader will corner the profit, it should not happen that "Saab lay gayea aur hum reyh gayee"

After reading the above article it seems that Congress is hell bent to destroy the Financial Fabric of this country even before the 2014 General Election are announced and they are making sure that which ever party takes the reins of this country will have an impossible and a tough time to straight out things.

Always trade for Profits.

 

[kthakker0]

18/04/2012 Wednesday

Hi all,

NF has sustained above 5313 for the whole trading day and it has even traded above 5351 now keep a SL of 5313 for all your long position and aspire for 5391

Tomorrows range of NF is 5352 - 5313

Tomorrow 5352 level can be seen as a resistance or support depending where NF trades.

Bye.

 

[kthakker0]

19/04/2012 Thursday

Hi all,

NF gyrated as forecasted but today's CP above 5352 is good sign to go long for 5391 level.

Its a second trading day where NF has again sustained above 5313.

Tomorrows range of NF is again same 5352 - 5313 where levels above 5352 are 5375 and then its 5391

As told previously NF sustaining and closing above 5402 for 3 days then the target is 5625


Bye.

 

[kthakker0]

20/04/2012 Friday

Hi all,

Guys what's today's story?

I was not trading today due to some other work that kept me busy else where, but in between I heard the news that Gov would not take any policy decisions till 2014 and I thought that this was a great time to short.

And now when I am updating my data it shows that NF has reached 5000

Did NF touch 5000 on a minute chart or it was just a spike?

Cause any which way we see NF did reach my forecast of 5050 which now stands achieved and now this tells a different story, a story that we traders do not want to hear.

Market was in the process of slowly discounting the fact that policy decisions are not been taken and the interest rate cut was given just to keep the business floating so that no un-towards news topples the market.

Now that the news which market was speaking in low voice is in open "That Gov (Congress) is not capable of taking any effective Policy Decision because Congress is in the process of saving itself by not willing to drag in any other graft matter" a coward act which speaks of what many has spoken before, that Congress will think of its survival rather than the survival of India.

Running a country as diversified and as vibrant as India requires nerves of steel and solid guts to take effective decision but Congress proved itself less worthy and has proved to the Indians that Congress should not be elected in 2014 General Elections

This ineffectiveness paralyses India and Indian business and it is detrimental to India, infact this calls for early election so that atleast we will elect only those who has nerves of steel to take decision in any adverse condition.

What will happen if India is at war with some other country, because as per General V K Singh we are not even prepared for the same.

All these put together shows a dirty picture of the market (not the film). Now the rally "if" it happens will be very painful and slow as traders will not be able to decide weather to buy or sell so this indecisiveness will also grip the market.

Congress will act as if nothing has happened and will down play this incident and will also throw some good news here and there to please us, but that will be hardly effective. Why? because...

• GAAR
• Current Account deficit
• Unfavorable balance of payment
• Inflation and GDP now are equal but if inflation gains and GDP falter then it will be negative growth
• Rupee is touching lower levels more often then rising
• Ignoring the verdict(s) of Supreme Court

There are countless events like some of the above which goes unnoticed but it does effect the market.

As said before "Earn as much as you can from where ever you can and don't elect Congress ever again" one more reason it was PC the then Finance Minister who introduced STT in our market.

Bye