Trading with PT style

[nandanbal]

Hi PT bhai..

Want to understand somthing..

wht is d difference between.. ask price bid price and last trade price


y i m askin this is because now a days i m seeing a big diference in these prices for a stock.. so whn try to sell or buy at last trade price, its not getting executed as there is big diff in these three..

can u explain me these fundss

Raj Bhai;
Though you asked PT BHAI- this is what it means.

ASK PRICE = the price at which seller is willing to sell- in other words -offer price.

BID PRICE = the price which the buyer is willing to pay for buying.-

LAST TRADED PRICE = The rate at which the last transaction took place.

forgive me for intruding to reply.

rgds.; nandan

 

[raj001]

Raj Bhai;
Though you asked PT BHAI- this is what it means.

ASK PRICE = the price at which seller is willing to sell- in other words -offer price.

BID PRICE = the price which the buyer is willing to pay for buying.-

LAST TRADED PRICE = The rate at which the last transaction took place.

forgive me for intruding to reply.

rgds.; nandan

Thanks for the details.


I know d definitation but d real confusion is dat..

for example i want to sell a share thn it gets executed at which price

ask bid or last trade

 

[praveen taneja]

Raj Bhai;
Though you asked PT BHAI- this is what it means.

ASK PRICE = the price at which seller is willing to sell- in other words -offer price.

BID PRICE = the price which the buyer is willing to pay for buying.-

LAST TRADED PRICE = The rate at which the last transaction took place.

forgive me for intruding to reply.

rgds.; nandan

Hi PT bhai..

Want to understand somthing..

wht is d difference between.. ask price bid price and last trade price


y i m askin this is because now a days i m seeing a big diference in these prices for a stock.. so whn try to sell or buy at last trade price, its not getting executed as there is big diff in these three..

can u explain me these fundss

Raj bro nandan bro have explained what it means technically but in my TA it is always to manupulate ur trade toward SM trade side like many time u will see at one rate buyer standing at 200000 quantity ok and at that rate support seems so strong people start entering and the operator start giving 10-20paisa up of all whatever he is buying at lower rate and fater that he open fllood gate for 5-7% down move this happen mostly in High beta stocks like HDIL UNITECH R CAP and suzlon but there is always a chance of me being wrong as tech nikal ly i know nothing bro:thumb:

 

[praveen taneja]

Thanks for the details.


I know d definitation but d real confusion is dat..

for example i want to sell a share thn it gets executed at which price

ask bid or last trade

its always at the buyers choice rate never on ask price nor bid price
see if buyer at 10 and seller at 12 u can leave a bid at 10.05 it can b executed too sometime not even 11.95 choice of seller at which rate he want to cut throat of buyer:lol:

 

[raj001]

its always at the buyers choice rate never on ask price nor bid price
see if buyer at 10 and seller at 12 u can leave a bid at 10.05 it can b executed too sometime not even 11.95 choice of seller at which rate he want to cut throat of buyer:lol:

thnks pt bahi..

dat means these three can b used to manipulate trades

 

[praveen taneja]

thnks pt bahi..

dat means these three can b used to manipulate trades

Yes bro but by person with huge capital not poor man like me


Technical View: NIFTY Future
Nifty December Future opened at 5072 then touched the high of 5139.80 and due to profit taking at higher levels &
crucial support level (5050) breakdown tested the low of 4801, found good support at that level and closed at
4946.30. In this week huge long unwinding is seen due to profit taking at higher levels after the rally of three weeks.
The main point to be noted that Nifty failed to cross the level of 5180 .Nifty will find good support at 4800 level If due
to some international event heavy selling comes then the next support level is 4600.
Trading strategy for Medium term investors: On Medium term basis, Nifty has resistance zone of 5120-5180. If
Nifty sustains above this level, further upside up to 5250-5350 is likely. Medium term support zone is 4600-4800.
Trading strategy for Short term investors/Traders: Short term trend of Nifty may remain up as nifty managed to
close above its 20DMA i.e. 4938 and buying on dips may be considered around 4890-4920 level with the short term
SL of 4850. If Nifty trades above 5050 in coming few sessions, then it may reach up to 5150-5200.
For day-trading purposes on Monday: Buy positions may be taken in Nifty Futures on intraday dips at the level of
4915-4925, for likely target of 4990-5035. Stoploss shall be below 4880.

 

[praveen taneja]

News Roundup
• India’s benchmark index, Nifty fell by 2.19% for the
week ended 28th Nov 09, with savage cuts
coming in the last two days of trading. Global
Markets also witnessed sell off after news came in
that Dubai was battling a Debt crisis.
• Dubai debt troubles revived fears of financial
crisis. Dubai World, an investment company of
Dubai Govt, has requested extension for
repayment of USD 59 Bn worth of loans.
• The Finance Ministry said today that the financial
crisis in Dubai, triggered by a slump in real estate,
may not impact remittances sent by Indian
expatriates in the Gulf. Gulf accounts for nearly a
quarter of remittance send to India and lakhs of
Indian workers.
• India's key infrastructure industries rose by 3.5 per
cent in October on better performance by
petroleum refinery products, cement, electricity
and finished steel. Petroleum refinery products
grew by 7.2%, electricity and finished steel
(carbon), the growth was 4.7 % and 1.1%
respectively and cement grew by 5.3%.
• Gold declined for the week, extending its retreat
from an all-time high as a stronger dollar damped
demand for the precious metal as an alternative
asset. Gold was trading at USD 1175 per ounce.
• Sugar production in sugar year 2009-10 is
expected to be higher than last year but it would
not be enough to meet the domestic consumption.
While sugar industry is projecting a production of
16 million tons, a survey conducted by Bloomberg
has estimated it at 17.68 million tons. The
crushing by sugar mills in UP has started following
the industry agreeing to pay for sugar cane a price
higher than State Advised Price.
• Tariff war in telecom is intensifying with Reliance
communication cutting cost of SMS to 1
P/message.

 

[praveen taneja]

• Crude oil tumbled to a six-week low. Oil dipped
below $73 in New York as the dollar jumped,
dulling the appeal of crude as a currency hedge,
and equities fell.
• Japan’s unemployment rate in October
unexpectedly fell for a third month, a sign that the
worst may be over for the labor market. The
jobless rate declined to 5.1 percent, the statistics
bureau said
• Taiwan may soon emerge from the year long
recession. Taiwan’s economy shrank at the
slowest pace in a year in the third quarter as rising
Chinese demand for the island’s electronics.
Gross domestic product contracted by mere 1.29
percent from a year earlier, the statistics bureau
said
• European confidence in the economic outlook
improved in November to the highest since the
collapse of Lehman Brothers Holdings Inc.,
suggesting the recovery in the 16-member euro
region is gathering strength. An index of executive
and consumer sentiment rose for an eighth
straight month to 88.8 from 86.1 in October, the
European Commission in Brussels said.
• British banks have the most loans outstanding to
the United Arab Emirates in Europe, constituting
$49.5 billion of a total of $87.3 billion extended by
the continent’s lenders to the Gulf country as of
June 2009, Royal Bank of Scotland Group Plc said
in a research report today, citing Bank for
International Settlements data.
• Indian foreign exchange reserve fell by 2.65 Bn
dollars to 285.3 Bn for the week ended 20th Nov.
• The Indian Market would be influenced by
developments in Dubai, GDP number due on 30th
Nov, Auto and Cement number due on 1st of Dec
as well as global cues.

 

[praveen taneja]

Husbnd: Kya tumne mujhe KUTTA kaha?

No answer

Husbnd again asks, No answer

Then again he asks,

Wife: Nahi kaha. Plz AB bhoka na bandh karo

 

[Sunny1]

Thanks for the details.


I know d definitation but d real confusion is dat..

for example i want to sell a share thn it gets executed at which price

ask bid or last trade

if you want to sell, it will execute at highest bid only if place market order.
if it is limit order it will wait in the ask order line.