Swing Trading for Nifty Futures
- Thread starter kthakker0
- Start date
- Status
India's favored Jawaharlal Nehru as he peddled India on the shoulder of modern industries of those times, Indira Gandhi had guts to take bold decision no matter what the world said, Rajiv Gandhi gave us computerization and liberal telecom sector.
No India's will prefer person like Manu Shinghvi, who prefers sleeping with a lady lawyer to promote her to be a judge, You may prefer person like Kalmadi, I certainly will not, never will any vote for Sharad Pawar who had the guts to say on TV that essential food items price will not come down, but it will increase instead,
Why did the Congress not list the name of the all person hording black money inspite of Swiss Banks listing them. Why did Pranab present, in the Parliament, the white paper on Black Money devoid of any meaning full suggestion to tackle Black Money. A person only hides when they are at a fault and Pranab is fully aware that if the list is out gov will certainly go down over night.
Why is Congress not in favour of Lok Pal when India wants it, why is Congress stalling Lok Pal bill each n every time it comes for voting in Parliament.
YOu may prefer Congress I certainly am not in favor of Congress. We Indias gave Congress 55 years to govern and make India a strong and formidable country and what did Congress do...
A person, Anna Hazera had to come to street to demand his right to see India free of corruption and what does ioiots like Sibal and Pranab do, they give him assurance like post dated cheque which are sure to bounce.
What's is he (Anna) asking?
A corruption free India thru a set of checks and balances in the system and your Congress can't give us what we want.
You may prefer Congress for obvious reasons, most of the India's don't and you have seen the change already happening with the results of recent assembly election that have gone by in some states.
No India's will prefer person like Manu Shinghvi, who prefers sleeping with a lady lawyer to promote her to be a judge, You may prefer person like Kalmadi, I certainly will not, never will any vote for Sharad Pawar who had the guts to say on TV that essential food items price will not come down, but it will increase instead,
Why did the Congress not list the name of the all person hording black money inspite of Swiss Banks listing them. Why did Pranab present, in the Parliament, the white paper on Black Money devoid of any meaning full suggestion to tackle Black Money. A person only hides when they are at a fault and Pranab is fully aware that if the list is out gov will certainly go down over night.
Why is Congress not in favour of Lok Pal when India wants it, why is Congress stalling Lok Pal bill each n every time it comes for voting in Parliament.
YOu may prefer Congress I certainly am not in favor of Congress. We Indias gave Congress 55 years to govern and make India a strong and formidable country and what did Congress do...
A person, Anna Hazera had to come to street to demand his right to see India free of corruption and what does ioiots like Sibal and Pranab do, they give him assurance like post dated cheque which are sure to bounce.
What's is he (Anna) asking?
A corruption free India thru a set of checks and balances in the system and your Congress can't give us what we want.
You may prefer Congress for obvious reasons, most of the India's don't and you have seen the change already happening with the results of recent assembly election that have gone by in some states.
Last edited:
05/06/2012 Tuesday
Hi all,
Congress (be it FM, HM, PM or any bloody dude) is just fooling and passing time because they does not the intimate zeal to do any work without getting any favor in return and because of this reason gov machinery is stalled for the past 2 years without any meaningful or important decision taken which can progress India and this concludes that all the gov employees are getting salary for not doing any work and many unwanted dudes love this ridiculous attitude of getting every thing without doing anything (Sab India ko apnay baap ka maal samaj tay hai)
RBI not long ago hinted that interest rates cannot be reduced because of high inflation. Now every one seems to find a flavor in reduced interest rate (Congress has dangled a carrot named interest rate) which will be reduce and market will zoom on interest rate cut.
Majority of the analysts are of the opinion that even if interest rate is reduced the falling rupee has already taken the heat out of the system and RBI even if it wants to cannot reduced and even if it does reduces the rate it will not have any meaningful impact on the system.
Dudes of Congress does find one way or the other to fool around with people's sentiments.
Bye
Hi all,
Congress (be it FM, HM, PM or any bloody dude) is just fooling and passing time because they does not the intimate zeal to do any work without getting any favor in return and because of this reason gov machinery is stalled for the past 2 years without any meaningful or important decision taken which can progress India and this concludes that all the gov employees are getting salary for not doing any work and many unwanted dudes love this ridiculous attitude of getting every thing without doing anything (Sab India ko apnay baap ka maal samaj tay hai)
RBI not long ago hinted that interest rates cannot be reduced because of high inflation. Now every one seems to find a flavor in reduced interest rate (Congress has dangled a carrot named interest rate) which will be reduce and market will zoom on interest rate cut.
Majority of the analysts are of the opinion that even if interest rate is reduced the falling rupee has already taken the heat out of the system and RBI even if it wants to cannot reduced and even if it does reduces the rate it will not have any meaningful impact on the system.
Dudes of Congress does find one way or the other to fool around with people's sentiments.
Bye
11/06/2012 Monday
Hi all,
Just last week our PM gave us a 9000 km (carrot in the name) of Road projects. Plus other infra utilities like airport, elevated rail for Mumbai and other cities, plus the biggest Viagra of all which was badly needed "Lowering of Interest rates".
And oh boy! this Viagra in the name of Lowering Interest rate(s) helped to sustain the over all rally. Wow! Viagra's do work as they say.
But today most of it fizzled out when S&P just sneezed a little stating that "India would loose it's investment grade status due to Fiscal Deficit, Slowing GDP, Political road blocks to economic reforms etc."
India has BBB- (the lowest investment grade) in BRIC.
We have had political road blocks since telecom scam broke out and from that time till now there has been a road blocks or reform blocks by one UPA partner or the other in mostly all the reforms.
So why is S&P acting now?
Every one knows that for every action there is a equal n opposite reaction.
Action
Cancellation of 122 telecom licences by our honorable SC.
Pranab swelled his retrospective sword against Vodaphone and did not listen to any one in this regards.
Reaction
Foreign telecom companies threatened arbitrary proceedings as per the respective treaty signed by India with their country.
S&P not only killed the investment opportunities that were coming to India by lowering the outlook to negative in last April, but has virtually put a fire wall for investments coming in India in the name of India loosing its investment grade.
In Politics and Business what you see is never really there but what you really perceive is the reality.
See the unseen and known the unknown is the real Mantra to sustain in any and all markets.
Market knows it all, and by the virtue of the trading price of various stocks and commodities it tells every thing before the news comes in the public domain.
So the question raises are...
And we are no different. So we always follow the market by virtue of the price "breaching or not breaching a level" as this indicates to us what should we know and what to perceive.
And the fact of matter is we only perceive (see) money weather the market falls or rallies, and in every situation our levels gives us the required comfort to trade with manageable SL.
Tomorrows range is 5117 - 5040 with 5080 as the trend setter.
SL levels below 5040 are in between 5020 and 5000 with 5000 as the last SL
Above 5117 its 5156
5120 is 38.2 Fibonacci level of 5700 - 4760 swing. NF reversed from 5124
4775 is 38.2 Fibonacci level of 6349 - 2228 swing. NF found support at 4760
Market is between two 38.2 Fibonacci levels, lets see which one is taken out.
Bye
Hi all,
Just last week our PM gave us a 9000 km (carrot in the name) of Road projects. Plus other infra utilities like airport, elevated rail for Mumbai and other cities, plus the biggest Viagra of all which was badly needed "Lowering of Interest rates".
And oh boy! this Viagra in the name of Lowering Interest rate(s) helped to sustain the over all rally. Wow! Viagra's do work as they say.
But today most of it fizzled out when S&P just sneezed a little stating that "India would loose it's investment grade status due to Fiscal Deficit, Slowing GDP, Political road blocks to economic reforms etc."
India has BBB- (the lowest investment grade) in BRIC.
We have had political road blocks since telecom scam broke out and from that time till now there has been a road blocks or reform blocks by one UPA partner or the other in mostly all the reforms.
So why is S&P acting now?
Every one knows that for every action there is a equal n opposite reaction.
Action
Cancellation of 122 telecom licences by our honorable SC.
Pranab swelled his retrospective sword against Vodaphone and did not listen to any one in this regards.
Reaction
Foreign telecom companies threatened arbitrary proceedings as per the respective treaty signed by India with their country.
S&P not only killed the investment opportunities that were coming to India by lowering the outlook to negative in last April, but has virtually put a fire wall for investments coming in India in the name of India loosing its investment grade.
In Politics and Business what you see is never really there but what you really perceive is the reality.
See the unseen and known the unknown is the real Mantra to sustain in any and all markets.
Market knows it all, and by the virtue of the trading price of various stocks and commodities it tells every thing before the news comes in the public domain.
So the question raises are...
- Can Lowering of Paltry Interest Rate by RBI really elevate the market?
- Does the comment of S&P has more weightage that it can nullify every thing what our PM says in terms of growth about our country?
- Or is our PM really not worthy enough to be taken seriously?
And we are no different. So we always follow the market by virtue of the price "breaching or not breaching a level" as this indicates to us what should we know and what to perceive.
And the fact of matter is we only perceive (see) money weather the market falls or rallies, and in every situation our levels gives us the required comfort to trade with manageable SL.
Tomorrows range is 5117 - 5040 with 5080 as the trend setter.
SL levels below 5040 are in between 5020 and 5000 with 5000 as the last SL
Above 5117 its 5156
5120 is 38.2 Fibonacci level of 5700 - 4760 swing. NF reversed from 5124
4775 is 38.2 Fibonacci level of 6349 - 2228 swing. NF found support at 4760
Market is between two 38.2 Fibonacci levels, lets see which one is taken out.
Bye
12/06/2012 Tuesday
Hi all,
Intraday trend is somewhat negative after yesterday's S&P report and today's worst IIP numbers.
0.5 Interest rate factor has been discounted.
Now if RBI does not lower the rates then market will fall head over heals and if it does lower the rates, then how much part will this discounted interest rate factor play in reviving the market.
Its is a guessing and waiting game for now. But every guessing and waiting eats the premium of options and increases the risk on both the sides.
S&P report will have a major say as to what the trend should be and not on some petty announcements which has no meaningful impact.
Breaching of either 5000 or 5080 level will decide the trend.
Bye
Hi all,
Intraday trend is somewhat negative after yesterday's S&P report and today's worst IIP numbers.
0.5 Interest rate factor has been discounted.
Now if RBI does not lower the rates then market will fall head over heals and if it does lower the rates, then how much part will this discounted interest rate factor play in reviving the market.
Its is a guessing and waiting game for now. But every guessing and waiting eats the premium of options and increases the risk on both the sides.
S&P report will have a major say as to what the trend should be and not on some petty announcements which has no meaningful impact.
Breaching of either 5000 or 5080 level will decide the trend.
Bye
13/06/2012 Wednesday
Hi all,
Congress proposes (Pranab and Ansari) while Mamata + Mulayam opposes.
And now the fight between the political parties are in open with the proposal of three (out of the blue) names for The post of President.
God! these politicians can't agree on one proper thing without fighting like small kids.
These fights have their effect on the market and god only knows what will happen tomorrow?
We have two giants to handle
Both have the tendency to spook the market very badly and equally, both have the power to swell the market to unknown highs.
Till now this month has been very heavy to forecast the market movements and till the names of likely candidates for President are announced, markets may sway both ways on rumors.
Names of the likely candidates filled for Presidency post will also determine how much stamina is there in Congress and will the UPA II be able to complete its remaining 2 years or not.
No matter what happen on the political front, we will remain where we are, i.e. trading in the market and earning as much as possible.
Tomorrows range is 5117 - 5080
For me
Bye
Hi all,
Congress proposes (Pranab and Ansari) while Mamata + Mulayam opposes.
And now the fight between the political parties are in open with the proposal of three (out of the blue) names for The post of President.
God! these politicians can't agree on one proper thing without fighting like small kids.
These fights have their effect on the market and god only knows what will happen tomorrow?
We have two giants to handle
- Inflation and
- Unknown Interest rate cut
Both have the tendency to spook the market very badly and equally, both have the power to swell the market to unknown highs.
Till now this month has been very heavy to forecast the market movements and till the names of likely candidates for President are announced, markets may sway both ways on rumors.
Names of the likely candidates filled for Presidency post will also determine how much stamina is there in Congress and will the UPA II be able to complete its remaining 2 years or not.
No matter what happen on the political front, we will remain where we are, i.e. trading in the market and earning as much as possible.
Tomorrows range is 5117 - 5080
For me
- NF trading below 5100 and not recovering is an indication that bulls are loosing the battle.
- As long as NF trades above 5117 positive sentiments will prevail in the market.
Bye
14/06/2012 Thursday
Hi all,
NF trading below 5117 will be negative and below 5100 will confirm the same has indeed come true, with inflation blowing a cold wave in the market and dismantling the high hopes of reducing interest rate.
Those who were smart enough to go short below yesterday's CP would be a happy lot as 5120 is one of the Fibonacci level with our 5117 serving as a first warning to do the same.
Initially 5100 acted as a support and now it's resistance.
NF has broken below our range level of 5080 which signals that sentiments have changed. If today's CP is above 5080 then market is still hoping a cut on interest rate from RBI.
But which side will Goddess Laxmi favor? Well let's wait till Monday to find it.
As far a I am concerned today's game is over. And we have indeed made a profit by shorting at or below 5120 level.
Bye
Hi all,
NF trading below 5117 will be negative and below 5100 will confirm the same has indeed come true, with inflation blowing a cold wave in the market and dismantling the high hopes of reducing interest rate.
Those who were smart enough to go short below yesterday's CP would be a happy lot as 5120 is one of the Fibonacci level with our 5117 serving as a first warning to do the same.
Initially 5100 acted as a support and now it's resistance.
NF has broken below our range level of 5080 which signals that sentiments have changed. If today's CP is above 5080 then market is still hoping a cut on interest rate from RBI.
But which side will Goddess Laxmi favor? Well let's wait till Monday to find it.
As far a I am concerned today's game is over. And we have indeed made a profit by shorting at or below 5120 level.
Bye
15/06/2012 Friday
Hi all,
NF open at 5075 was a combination of risk + hesitation but when Congress started pulling all the required strings to have an upper hand in President nomination and election gave the required fillup the market was waiting for and NF trading above 5080 confirmed that the trend was in the hands of bulls.
Market today reaching our target of 5156 has completed our swing target and any further rally is dependent upon interest rate cut and especially on what happens on the politically front.
The President Election is a hot potato for Congress and the market as well so every one will watch this election space with bated heart beats.
Monday's range is 5156 - 5080 with 5117 as the trend setter.
Interest rate cut is already discounted so any rate cut will be saluted with some high price but any bad news on political front will spook the market.
Bye
Hi all,
NF open at 5075 was a combination of risk + hesitation but when Congress started pulling all the required strings to have an upper hand in President nomination and election gave the required fillup the market was waiting for and NF trading above 5080 confirmed that the trend was in the hands of bulls.
Market today reaching our target of 5156 has completed our swing target and any further rally is dependent upon interest rate cut and especially on what happens on the politically front.
The President Election is a hot potato for Congress and the market as well so every one will watch this election space with bated heart beats.
Monday's range is 5156 - 5080 with 5117 as the trend setter.
Interest rate cut is already discounted so any rate cut will be saluted with some high price but any bad news on political front will spook the market.
Bye
- Status
| Thread starter | Similar threads | Forum | Replies | Date |
|---|---|---|---|---|
| C | Nifty & Stocks - Elliott wave analyses - daily/ swing trading ideas | Technical Analysis | 34 | |
|
Nifty swing trading diary | Trading Diary | 32 | |
|
Swing Trading NIFTY and Crude OIL | Derivatives | 25 | |
|
Swing Trading Nifty Futures | Trading Diary | 21 | |
|
|
Swing Trading Nifty Futures | Futures | 202 |
Similar threads
-
Nifty & Stocks - Elliott wave analyses - daily/ swing trading ideas
- Started by cyclewave
- Replies: 34
-
-
-
-