Trading with PT style

[praveen taneja]

The market's trend is up and positive but it's range bound (5150/5285) may be because of limited upside and that is
the cause of concern. Break out traders are not willing to anticipate the break out or break down; rather they are
using contra trading strategy near the break out or break down levels with a minimal stop losses. For positional
traders my advice is to trade long with a final stop loss at 5150/17230 on a closing basis.

 

[praveen taneja]

Short term traders can play the contra buy strategy around 5190/5195 levels with an upside target 5260/5270 and keep
a final stop loss below 5150. In case, markets high then the strategy should be to trade short around 5270/75 in
the early hours of trading with a final stop loss above 5295 (spot levels).

 

[praveen taneja]

On Tuesday the market failed to surpass the crucial level of 5285 that has turned the sentiment down and tired sell off
shut the market to day's lowest level 5225/17486. Today, we should be ready to see the level of 5190/5195 (17370) on
the lower side as the market closed below the short term support level 5235/17530.

 

[praveen taneja]

Dear Praveen

I am regularly looking your level and finding its a profitable trade. Request u to drop technical level on regular basis.

THANKS

Bro I hate to lie when there is no need:lol:
Bro I use to visit many blogs and forums and whatever i think is ok i post here but some are my thoughts too but try to take care that with my thoughts no one get hurt:thumb:
So hope no one will blame me that I lied and put all these views as mine as happened many time
God bless us all

 

[satyendra.finance]

NIFTY : 5226
Range : 5215-5260
Resistance : 5260-5285-5295-5315
Support : 5235-5215-5190-5170

I Believe the same. Thanx

 

[praveen taneja]

Century extrusion taken at 7.20 good quantity for me 2000 lets see
This is part of my kabaad business hahahah
PS :I am holding WWIL too

 

[praveen taneja]

I Believe the same. Thanx

if the mkt needs to go up on technical basis then pl keep an eye on all large cap and Reliance:thumb: Its result on 22nd.. where ever mkt rebounds only large cap will outperform..

 

[praveen taneja]

Nifty Support 5209—5191—5176--5165 Nifty to face resistance at 5248--5277--5298—5307. Below 5248 Favours Bears Only Above that We can expect Some relief and will try resistance levels!!Beware In Long Any Time Panic last Hope is placed at 5126 Nothing Else, Closing below that For two days will take Nifty to 5041—4993 levels… No buying at all below 5165 , will kiss 5138—5126 levels..

 

[praveen taneja]

hki down -296 and china down -35 ... asian mkt not supporting

 

[satyendra.finance]

Bro I hate to lie when there is no need:lol:
Bro I use to visit many blogs and forums and whatever i think is ok i post here but some are my thoughts too but try to take care that with my thoughts no one get hurt:thumb:
So hope no one will blame me that I lied and put all these views as mine as happened many time
God bless us all

This is a plateform whre we can exchange our views.
No one is perfect in this universe but we have to admire practices to adopt meaning/singnificant ideas, which normally comes from hard work.

I do belive that your posting contain a lot of technicals. and once i found thats its matching to yr vies i proceed my trade.

So no one have even right to blame.

I wish your continue recommendations...