Trading with PT style

Status
Not open for further replies.
Only buy something that you'd be perfectly happy to held if the market suht down for next 10 years - Warren Buffet
Thats why nowadays I trade in stock only and that too in scrap stocks as people says
12 Saal mein to kude ke bhi din badalte hain hahahaha
 

shinchan

Well-Known Member
NEWS UPDATES
• ACC net profit rose 32% to Rs 1606.73 crore on 9.20%
increase in total income to Rs 8268.30 crore in the year
ended December 2009 over the year ended December
2008
• Rohit Ferro-Tech said it is seeking shareholders'
approval for the proposed right issue of shares.
• Chembond Chemicals signed a pact with H2O Innovation
Inc to set up a joint venture firm to provide water
treatment Systems.
• Aurobindo Pharma got final approval from the US Food
and Drug Administration for Cetirizine hydrochloride
solution.
 
POST MARKET
The BSE Sensex closed lower by 271.10 points or (1.64%) at
16,224.95 and NSE Nifty ended down by 86.50 points or (1.75%) at
4,845.35. BSE Mid cap and Small cap closed with losses of 129.45
and 136.27 points at 6,517.14 and 8,344.74 respectively. The BSE
Sensex touched intraday high of 16,508.22 and intraday low of
16,188.80. Among the Sensex pack 27 stocks ended in red territory
and 3 in green. The market breadth indicating the overall health of
the market remained negative as 2003 stocks closed in red while
836 stocks closed in green and 60 stocks remained unchanged in
BSE. The S&P CNX Nifty is down by 86.50 points or -1.75% to
4845.35. The NSE turnover was down Rs.13075.97 from last trading
session’s Rs. 13715.09 Crore.
 
SENTIMENT INDICATOR
PCR of index options is at 1.05 last trading session’s 0.99. PCR of
Stock options is at 0.26 last trading session’s 0.29. PCR of total
F&O is at 1.00 last trading session’s 0.96. The advances are 224;
declines are 1062. The implied volatility has increased to 23.57
from last trading session’s 22.84
 
OUTLOOK
After opening on the negative note, index completely retraced
the yesterday’s up move which clearly indicates ongoing
consolidation. As mentioned that closing above 4930
levels can only take the index to the higher levels otherwise
the biases on the negative side may retrace it further down.
Realty and Metal counters were the major losers while other
pivots too witnessed selling pressure. Keeping in mind the
current consolidation zone of 4830-4930 levels, either side
break will clear the trend ahead.
 
Status
Not open for further replies.