Trading with PT style

[hiteshsjoshi]

mkt in modd to pick stop loss of all intraday traders moving swiftly between 5080-5095
put now 96 waiting for 5100 to break before i exit or 5050 but chances are less for down really a bad trade i entered in lets see

I would place my bet on a NR4 day today. Lets see.

 

[praveen taneja]

I would place my bet on a NR4 day today. Lets see.

can u elaborate it bro

 

[hiteshsjoshi]

can u elaborate it bro

Three previous day's Nifty range was 130, 198 and 82. If today's range is less than 82 points, we will get a NR4 today.

A look at the past data gives many a times when higher successive ranges of Nifty is followed by NR4 and subsequently by NR7. So, I am betting on that today.

PS: It is a blind Tukka. I have every right to be wrong, as always

 

[trade4putuval]

NR4 reference from google - http://www.***********.com/stocks-indices/109-nr4-breakouts-3.html

Rajiv

 

[praveen taneja]

RIL ne beda garak karwa diya pahle call nahi lene di ab put bekaar karwa di but in last 4 days we are more then 10% up so lets have some profit booking if we are on top of 4500-5200 range just for for my put sake is not it a good idea hahahaha

 

[praveen taneja]

out of put at 92 not a good trade but let it as it is

 

[raj001]

out of put at 92 not a good trade but let it as it is

PT bhai i also got loss in 4900 put..

tom mkt may open gap up as following us mkt than one can buy put to cover this loss.. bad day 4 me too

 

[praveen taneja]

PT bhai i also got loss in 4900 put..

tom mkt may open gap up as following us mkt than one can buy put to cover this loss.. bad day 4 me too

Allah Maalik

 

[hiteshsjoshi]

Three previous day's Nifty range was 130, 198 and 82. If today's range is less than 82 points, we will get a NR4 today.

A look at the past data gives many a times when higher successive ranges of Nifty is followed by NR4 and subsequently by NR7. So, I am betting on that today.

PS: It is a blind Tukka. I have every right to be wrong, as always

Market humbled me again. We saw a range of 93 points in Nifty today

 

[abhiwhy]

buy at bottom and sell at top thats the money making formula we all know ,
but still why almost all among us use to short at bottom and buy at top .

recently when market gone through corrections due to dubai news everyone else started buying puts as prices recovered all are averaging their rates .

i don't think i m in a position to suggest anything to anyone but still i would like to make some sort of suggestions .

1) use either the technical , or fundamental or the tukka analysis . but avoid making KHICHRI of all these , if using technicals then stay on positions as it is saying , buy at corrections and book at recovery . if u r worried on your positions better to hedge that position rather than taking opposite positions .

2) if using fundamentals , news etc then stop looking for rsi or moving averages . ust trade the news and sentiments .

3) if making tukka analysis than u have a wider scope to do anything do what your heart says .

remember one thing news is always BASI in market , it comes to someone else before we get , so if u r selling on accounnt of dubai crisis , remember this news is an old news and someone has already shorted the top , and when we got news and were panic they were buying the bottoms and news comes that dubai government has passed bailout and india has shown a remarkable gdp growth rate which is enought to drive the masses .

see prices : prices have all the informations get it from there , because if even u know the news earlier u can not calculate the exact impact it would cause on market , so it is important to be confident and not to fall in emotions in order to earn anything from market
best of luck :thumb: