Trading with PT style

[praveen taneja]

SENTIMENT INDICATOR
PCR of index options is at 1.13 last trading sessions 1.05. PCR of
Stock options is at 0.31 last trading sessions 0.26. PCR of total
F&O is at 1.08 last trading sessions 1.00. The advances are 110;
declines are 1187. The implied volatility has increased to 27.38
from last trading sessions 23.57

 

[praveen taneja]

OUTLOOK
Index opened deep in red on the back of negative cues from
the markets across the globe. As mentioned that
below 4830 levels, it may 4600-4700 zone in the near term and
it did the same today. For the second consecutive session,
Realty and Metal got beaten down badly while the other
counters too faced strong selling pressure. Market breadth
was also inclined strongly on the negative side. Technically,
the pattern suggests potential of further downside in the near
term but 4640 levels is crucial support on the closing basis.

 

[praveen taneja]

Event to watch
us- employment situation

 

[praveen taneja]

FII trading activity on NSE and BSE on Capital Market Segment

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 05-Feb-2010.

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 05-Feb-2010 1517.98 3244.76 -1726.78


Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment

The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 05-Feb-2010.

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 05-Feb-2010 2090.05 921.07 1168.98

 

[praveen taneja]

Strong & Weak futures
This is list of 10 strong future:
Titan, Triveni, Indusind Bank, Cummins Ind, Sun TV, Lupin, Assian Paint, Dabur, BOB & Auro Pharma.
And this is list of 10 Weak futures:
Orchid Chem,GMR Infra, IOB, LITL, Renuka, India Info, KFA, Ranbaxy, ICSA & Praj Ind.
Nifty is in Down tren

 

[praveen taneja]

NIFTY FUTURES (F & O):
Above 4731 level, expect short covering up to 4756-4758 zone and thereafter expect a jump up to 4782-4784 zone by non-stop.
Support at 4698 level. Below this level, selling may continue up to 4694 level by non-stop.
Below 4666-4668 zone, expect panic up to 4641-4643 zone by non-stop.
On Positive Side, cross above 4875-4877 zone can take it up to 4900-4902 zone by non-stop. Supply expected at around this zone and have caution

 

[praveen taneja]

India's Stocks Fall, Triggering Correction, on Growth Concern
U.S. Stocks Jump in Final Hour, Metals Rally; Dollar Pares Gain
U.S. stocks rose, with the Dow Jones Industrial Average erasing a 167-point drop in the final hour of trading, on speculation the European Union may propose a solution for Greece's budget deficit. Oil, gold and copper rebounded, and the dollar pared its gain.

 

[praveen taneja]

Alert!!!! Nifty resistance at 4746--4754!!! & support at 4700---4686--4675!!!

 

[praveen taneja]

today market is trading on low volume with limited time.so there are less possibilities to do any trade in short time. so just wait and watch

 

[praveen taneja]

weekend there is G7 meeting .. so do not short for today .. wt for any outcome.. and take descision on monday .. trade accordingly ...