Trading with PT style

[praveen taneja]

Dow minus 27 asian mkts down to flat chances are EU mkts open flat to negative so no chance of going major upside when OI is down -8% shorts covered buyer hesiatating will watch 4825 to buy 4800 put or 4900 call lets seeeeeeeeeeeeeeeeeee

out of 4800 put at 110.90 mkt not breaking 4808 lets see will buy againon break with vollume
Market View: Market Facing Resistance at higher levels, with very low volume, it is possible to further pressure at higher levels so be cautious for aggressive buying and wait and watch approach is necessary to conform the trend.

problem is we r so low on volume that one player can swing direction....and surely thats not me hahahaha

Unitech ICICI DLF and suzlong facing short Build up lets see
mkt went down to trap shorters its a buy above 4808 n sell below that but question is tgt that only our TMA members can tell

16 reasons why equities mkts to fall soon
http://seekingalpha.com/article/160322-16-reasons-for-equities-markets-to-fall-soon?source=email

mkt is only for compulsive trader.. rest stay away
Mkt is less vollume now vollume can take mkt anywhere anymoment strict sl use
but do not be a compulsive trader

AWESOME VIEW BY THE GREAT NIFTY DOWN RELIANCE UP RIL at HOD 2152
taken 2130 put again at 55
Uper jaane ki bhi Hadd hai Odin se bahar jayega kya??????????

mkt at no trading zone dont take anything at home if falling start can b a gap down huge gap down upside max 150 max in any case downside min 300 point to 800 point so think think think

you are late. I carried 4900 call.

Are you sure Is It me who is late???????????:lol:

 

[Sunny1]

are you sure is it me who is late???????????:lol:

ya sure. You have posted at 3:28 pm just two mins before closing bell.

 

[chachi]

you are late. I carried 4900 call.

I too still carrying 2 lots CE4800 @ 123 (average cost).....

China ditched again and that's the reason our market was cautious....

As the major stocks mentioned by praveenji are yet to scale their recent highs I am still hopeful that some steam is still left.....even if it is not.......market may not go down heavily..........even if it happens............. it is only to scare some bulls.........

 

[praveen taneja]

PT bhai.

just completed reading the whole thread and am really wondering why you call yourself a tukka trader.



what I have observed is you develop cold feet half way through the trade and exit mid way. develop conviction in your analysis and stick to it till the end.

A small suggestion from my side.

try trailing stoplosses.:!

Bro Thnx for all the love n suggestions
I call it Tukka trading as I do not have any logic for any of my trade buy n sell when I feel its ok
On half way cold feet bro I am 42yr old vegetarian man with no bad habits of drinking or hehehe of that too
I have two kids and only a single wife n know they are too with no bad habits hahahahaha
so exit from trade when i feel enough for me
My philosophy is
Better cry after booking profit instead of crying with trade in hand
I can b wrong bro but still feel its ok for me
Many time tried Trailing SL but that picked sl n went up so it hurts then more

 

[Sunny1]

i too still carrying 2 lots ce4800 @ 123 (average cost).....

China ditched again and that's the reason our market was cautious....

As the major stocks mentioned by praveenji are yet to scale their recent highs i am still hopeful that some steam is still left.....even if it is not.......market may not go down heavily..........even if it happens............. It is only to scare some bulls.........

even i feel some steam is left.
As stochastic and mfi were in overbought for more than 5 bars in 30 min chart as per st da said it should go higher. M expecting it to go above 4900. Lets see

 

[praveen taneja]

ya sure. You have posted at 3:28 pm just two mins before closing bell.

I too still carrying 2 lots CE4800 @ 123 (average cost).....

China ditched again and that's the reason our market was cautious....

As the major stocks mentioned by praveenji are yet to scale their recent highs I am still hopeful that some steam is still left.....even if it is not.......market may not go down heavily..........even if it happens............. it is only to scare some bulls.........

I am not saying U took a bad trade Just warned about going with trade in hand
Most of assets stocks going up that is really scary like 2007 nov it happened with small cap making upper circuit daily
instead of Unitech my perfec t choice is Purvankara :thumb:

 

[praveen taneja]

even i feel some steam is left.
As stochastic and mfi were in overbought for more than 5 bars in 30 min chart as per st da said it should go higher. M expecting it to go above 4900. Lets see

thats what i had written max 150 n down 800 point choice urs
this time if correction happen wont b of 30-40 point so b alert
Hope u all have seen correction in options
RIL 2160 PA down 82% at close

 

[praveen taneja]

thats what i had written max 150 n down 800 point choice urs
this time if correction happen wont b of 30-40 point so b alert
Hope u all have seen correction in options
RIL 2160 PA down 82% at close

:rofl::rofl::rofl:

 

[chachi]

Nikkei, Hang seng and other asian markets all up by more than 1.25%.........

Dow yesterday closed upwardly by 0.53%.........

Indian market today.........anybody's guess......

Regards
Chachi

 

[chachi]

Sold one CE4800@ 115.............147

Holding another CE4800@ 132.......effective cost for this CE is 132-32=100

Nifty at 4882...bought one lot PE4800@ 115....will be sold if it crosses 4900 with force and holds for 10 minutes .......

Meanwhile Hangseng is up 440 points...whopping 2.1%