Trading with PT style

[abhiwhy]

most probably next day shoul be an inside day but if nifty cuts today's lo i.e., 4986 it should fall to make a new and lower around 4932 .



economist: an economist is a person who will tell u tomorrow why the prediction he made yesterday went wrong .

 

[findvikas]

I have similar views... it was a long above 5103.55 and today SL hit the moment it went below 5103.55 where it became a SHORT with SL @ 5090.55

I am not counting today's bar as it was expiry day and we still made 5% monthly gain in november series.

If we are not able to cross 5090.55 tomorrow and close above it then I will create short positions in Dec Futures. I will continue to hold my 5500ce.

 

[findvikas]

most probably next day shoul be an inside day but if nifty cuts today's lo i.e., 4986 it should fall to make a new and lower around 4932 .



economist: an economist is a person who will tell u tomorrow why the prediction he made yesterday went wrong .

before touching 4932 you have 34days MA @ 4967 which will/should hold the nifty above it.

 

[abhiwhy]

untill market is above 4700 it is bullish so we should buy at corrections , nifty has touched febnocci corrections 23.6% so i picked 10 lot 5300 call if tomorrow , market makes further corrections to second level i.e., 38.2 % (around 4910-30) i m going to buy more , because in bull market secondary minor corrections are upto 23.6-38.2% and rarely upto 50-60% .

lets wait and watch :thumb:

 

[findvikas]

I am going to start a new thread for my new study which seem to be giving very good results. I have NOT yet traded in it and it will be solely for education purpose.

I will start it from tomorrow or tonight after dinner...

Here it is
http://www.traderji.com/futures/35679-nifty-technicals.html

 

[scorpio77]

Brilliant talk! Thanks Vikas,

We all wish that it comes true!

Although having seen both countries quite often, I don't think, sadly, that there is any Indian city that can stand up to Shanghai or Hong Kong for many years to come.

Interesting read...
http://economictimes.indiatimes.com...-rise--how-and-when/videoshow_ted/5261107.cms

 

[abhiwhy]

A poor man catches a fish, but his wife cant cook due to...No Gas, No Electricity , No Oil....Man puts Fish back in river. Fish comes up and shouts........MANMOHAN SARKAR ZINDABAD ZINDABAD.

 

[adultvish]

ha ha
manmohan sarkar waqai zindabad...

 

[praveen taneja]

-723 hki as per news from the street avoid gold have a nice day

 

[praveen taneja]

india is better = Call it a paradox of plenty. In the world’s wealthiest country, home to more obese people than anywhere else on earth, almost 50 million Americans struggled to feed themselves and their children in 2008. That’s one in six of the population. Millions went hungry, at least some of the time. Things are bound to get worse.