Trading with PT style

[praveen taneja]

Update: U.s weekly jobless claims data will be released today previous: 570 k, market forecast: 565 k, ism services: Prev: 46.4, market forecast: 48.0

 

[enygma]

I second that with a little bit of my money since i bought in 4700 calls when they were going cheap today at 3:27

Smart money is having fun with stop losses ..

Regards,
Enygma.

I think mkt will try to kiss tomm 4646 first n then smart money will decide what to do of shorters whatever will b tomms sl point mkt will kiss that level take sl and restart its journey towards watever it suits:lol:

 

[mayavi99]

I second that with a little bit of my money since i bought in 4700 calls when they were going cheap today at 3:27

enygma, i too picked up one lot of 4700ce around the same time at 89.00. Let us watch the fun.

 

[raj001]

HOD of our TMA Mr Ashwini Gujral says buy here Relcap for one week and earn handsomely:rofl::rofl:

dont know if we can earn handsomely or not but one thing that god knows frm where he takes his dresses and looks handsomely.. ha ha ha

 

[praveen taneja]

I second that with a little bit of my money since i bought in 4700 calls when they were going cheap today at 3:27

Smart money is having fun with stop losses ..

Regards,
Enygma.

Update: U.s weekly jobless claims data will be released today previous: 570 k, market forecast: 565 k, ism services: Prev: 46.4, market forecast: 48.0

enygma, i too picked up one lot of 4700ce around the same time at 89.00. Let us watch the fun.

bro today is coming out most important data in US a Dow is just 100 point up from its main support 9200 if data wrong dow wrong and then ur calls will b in danger thats why i exit all trade will enter tomm bcoz i feel tomm is ending day of this sideway game:clap:

 

[praveen taneja]

dont know if we can earn handsomely or not but one thing that god knows frm where he takes his dresses and looks handsomely.. ha ha ha

From Taj Tent House Con.Place:rofl::rofl::rofl:

 

[raj001]

From Taj Tent House Con.Place:rofl::rofl::rofl:

ha ha... sahi hai....

 

[enygma]

It is in style these days to walk around with a hedge
Me also has one hedge for the calls - been short on my GF - BNF - for sometime now ...

Regards,
Enygma.

bro today is coming out most important data in US a Dow is just 100 point up from its main support 9200 if data wrong dow wrong and then ur calls will b in danger thats why i exit all trade will enter tomm bcoz i feel tomm is ending day of this sideway game:clap:

 

[hills_5000]

hey Enygma,

How goes you ?

Me still holding the 4500PE.. didnt get to buy the 4600put , since i was at work...

US data tallying with your expectations?

SM decided to wake up only after 4577 near close ... why ?..waiting for shorts to build up and then take them out tommorow ?..

regards

PS : the Visarjan is taking my chuff tonite ...

It is in style these days to walk around with a hedge
Me also has one hedge for the calls - been short on my GF - BNF - for sometime now ...

Regards,
Enygma.

 

[enygma]

Right now it looks like a case of blind leading the blind. I will not read too much into today's last half hour selloff. As PT was mentioning, Reliance pulled it down and there was no way Smart Money would have stepped in with 20-30 minutes to go. After 2:30, brokerages start closing off intraday positions and so such movements become magnified - stop losses for longs getting triggered etc.


As far as blind leading blind, it is funny that US stock markets are moving up because Chinese markets were up. We fell despite knowing that Chinese markets were up. So, if tomorrow US closes up and we move up, it completes the circle, right?

The US data per se is not looking great but then US markets fell when good data was in early in the week. US markets have a long weekend - closed on Monday - so we will perhaps be decoupled for a day ...

The range is getting tighter - 4580 to 4650 on Nifty Spot with 4600 being a support and 4630 being a resistance. A breakout either ways is on the cards.

Regards,
Enygma.

hey Enygma,

How goes you ?

Me still holding the 4500PE.. didnt get to but the 4600put , since i was at work...

US data tallying with your expectations?

SM decided to wake up only after 4577 near close ... why ?..waiting for shorts to build up and then take them out tommorow ?..

regards

PS : the Visarjan is taking my chuff tonite ...