Intraday NF

kthakker0

Well-Known Member
09/06/2017 Friday

Hi,

9638 is becoming intraday resistance and then its 9649 so very tough for NF to rally.

Dynamic trading is the flavor of the hour so take prudent steps

Bye
09/06/2017 Friday

Hi,

9638 is not allowing NF to pass by and even reach 9649. It seems that waiting for a Spike is useless.

Bye
 

kthakker0

Well-Known Member
09/06/2017 Friday

Hi,

9638 is not allowing NF to pass by and even reach 9649. It seems that waiting for a Spike is useless.

Bye
09/06/2017 Friday

Hi,

It seems mkt heard me that waiting for Spike was useless and decided to give me GPL.

When this happens to me I know otherwise, but just imagine the plight of those who does not know what is going to happen.

A promise to me "Never to misjudge my forecasts"


Bye
 

kthakker0

Well-Known Member
12/06/2017 Monday

Hi,

Friday's sudden rally and today's sudden fall are market mechanics which are Good if not known, Better if not understood and Best not traded.

After the trend is complete
  • 1 type of traders will say like "Aarey yaar trade keeya hota tao?"
  • Other type of traders will say like "Aarey yaar trade kuy keeya?"
  • And I am the 3rd type "Aarey yaar aisay trade kyu karna"

The above principal have saved my skin almost all times.

Intraday mkt has digested the fall and now either it will trade in a narrow range, but for me most probably price should be inching upwards.

Bye
 

kthakker0

Well-Known Member
09/06/2017 Friday

Hi,

9638 is becoming intraday resistance and then its 9649 so very tough for NF to rally.

Dynamic trading is the flavor of the hour so take prudent steps

Bye
12/06/2017 Monday

Hi,

9638 again became the tough resistance for NF and traded narrow while registering very little fall.

Dynamic trading again helped me to garner profit.

Bye
 

kthakker0

Well-Known Member
13/06/2017 Tuesday

Hi,

Open @ 9637 proved that fall is over.

Till now NF has consistently traded above 9637 and if calc are correct than a Spike is again warranted, for 9665 - 9679 target.

But if calc are wrong then spike has already formed and mkt will surely and steadily slip and trade below 9637 by or till 14.30.


Bye
 

kthakker0

Well-Known Member
13/06/2017 Tuesday

Hi,

Open @ 9637 proved that fall is over.

Till now NF has consistently traded above 9637 and if calc are correct than a Spike is again warranted, for 9665 - 9679 target.

But if calc are wrong then spike has already formed and mkt will surely and steadily slip and trade below 9637 by or till 14.30.


Bye
13/06/2017 Tuesday

Hi,

It seems that the spike happened just after writing of this post could be the Spike I was waiting for, as mkt is finding it very difficult to trade above 9655.

Bye