Intraday NF

Tuna

Listen and act, don't ask it, it doesn't oblige
Agreed that a rate cut (even if that happens) - is already factored in. Any decision of not cutting the rate will further impose bearishness and a sharp fall - AND, I am on sideline, waiting for that to happen.
 

kthakker0

Well-Known Member
08/02/2017 Wednesday

Hi,

Today been Policy day mkt will trade in a narrow range with + / - 10-15 points difference from 8790

After 1 - 1.30 a spike will end this range formation and mkt will be sliding down till EOD

Lets C what happens

Bye
 

kthakker0

Well-Known Member
07/02/2017 Tuesday

Hi,

With RBI Cr Policy announcement tomorrow mkt is getting support @ 8790 levels.

Consensus of a 0.25% reduction in Interest rate is very high.

Personally I feel the rate cut won't materialize.

Mkt is poised to fall big time from here on.

Lets C what happens tomorrow.

Bye
07/02/2017 Tuesday

Hi,

With 8829 as the resistance I am going for 8770 -8750 levels within a day or two.

Bye
08/02/2017 Wednesday

Hi,

With mkt on the brink of breaking down after Policy announcement and 8812 as my SL.

I see a fall after NF breaks and trades below 8750

Intraday target is 8730 and post that 8711 - 8700

NF to find strong support @ 8650 odd levels by Friday 10/02/2017


Bye
 

kthakker0

Well-Known Member
08/02/2017 Wednesday

Hi,

Today been Policy day mkt will trade in a narrow range with + / - 10-15 points difference from 8790

After 1 - 1.30 a spike will end this range formation and mkt will be sliding down till EOD

Lets C what happens

Bye
08/02/2017 Wednesday

Hi,

The mkt started to fall after spike was formed as 8802 and has not traded above it till now

Even if rates are cut the substance will not long

Bye
 

kthakker0

Well-Known Member
08/02/2017 Wednesday

Hi,

With mkt on the brink of breaking down after Policy announcement and 8812 as my SL.

I see a fall after NF breaks and trades below 8750

Intraday target is 8730 and post that 8711 - 8700

NF to find strong support @ 8650 odd levels by Friday 10/02/2017


Bye
08/02/2017 Wednesday

Hi,

Puts Profits bagged

Bye
 

kthakker0

Well-Known Member
08/02/2017 Wednesday

Hi,

The mkt started to fall after spike was formed as 8802 and has not traded above it till now

Even if rates are cut the substance will not last long

Bye
08/02/2017 Wednesday

Hi,

Mkt did see a substance rally after policy announcement but as foretold it did not last long.


Bye
 

kthakker0

Well-Known Member
08/02/2017 Wednesday

Hi,

NF official close price below 8765 will see further fall till Friday

NF official close price above 8790 will see further rally

Bye
08/02/2017 Wednesday

Hi,

Satisfied that I sqrd my Puts at my foretold 8730 level.

The substance rally that was not suppose to happen, did happen and mkt rallied till EOD.

So what is this called?
A classic case of trapping Short Sellers or
A Rally that was expected Tomorrow happened before today's closing.

Now since mkt has rallied the upper targets are btwn 8848 - 8870

Bye
 

kthakker0

Well-Known Member
08/02/2017 Wednesday

Hi,

Satisfied that I sqrd my Puts at my foretold 8730 level.

The substance rally that was not suppose to happen, did happen and mkt rallied till EOD.

So what is this called?
A classic case of trapping Short Sellers or
A Rally that was expected Tomorrow happened before today's closing.

Now since mkt has rallied the upper targets are btwn 8848 - 8870

Bye
09/02/2017 Thursday

Hi,

Mkt was not supposed to rise rapidly yesterday, but it did. Why?

Mkt was supposed to fall till Friday and then a small rally which was on the cards did not materialized

But see what has happened now. All of a sudden mkt fell. Why?

This preciously happens when mkt is unnaturally taken care of.

But anyway, I had bought Puts during mkt opening and enjoyed this unprecedented fall.

Now I am expecting a rally which will be some hickup's

Bye