Trading with PT style

[praveen taneja]

• The unemployment rate in the U.S. dropped to 9.7
percent in Jan,10 lowest in five months even
though initial claims for jobless benefit jumped to
about half a million.
• China sold 10-year bonds at an average yield of
3.43 %( lower- than-forecast yields). Higher
demand from state owned banks to invest in govt
securities resulted such low yields.
• The market is expected to be influenced by further
developments in Euro zone and other global
issues. IIP numbers would be announced on 12th
Feb.

 

[praveen taneja]

Day Wise Purchase Sale Net
FII Activity
Friday 3940.00 3742.60 197.40
Monday 2345.50 2394.30 -48.80
Tuesday 2810.10 2799.20 10.90
Wednesday 2374.40 1888.80 485.60
Thursday 1741.60 1784.10 -42.50
Friday (provisional) 1517.98 3244.76 -1726.78
Total 14,729.58 15,853.76 -1124.18
DII Activity
Friday 2328.14 1317.12 1,011.02
Monday 1130.61 930.78 199.83
Tuesday 1047.24 1005.31 41.93
Wednesday 1003.21 1002.75 0.46
Thursday 1451.50 1210.11 241.39
Friday 2090.05 921.07 1,168.98
Total 9050.75 6387.14 2663.61

 

[praveen taneja]

Crucial Supports : 4686...4650! Resistance at 4770—4798 above that will try to fill the Gap of 4833 Maximum stretch up to 4865!!! Supports: 4752—4721--4706 Below That Bulls Will cry…… and to take supports at 4684—4655---4640---4608—4564!! Friday written this and took support at 4684!! The same to take supports in coming days.

 

[praveen taneja]

Strong & Weak Stocks
This is list of 10 strong stocks:
Titan, Asian Paint, Cummins Ind, Lupin, SunTV, Dabur, Triveni, BOB, Mphasis & GTL.
And this is list of 10 Weak stocks:
ICSA, Orchid Chem, GMR Infra, LITL, Bajaj HInd, Renuka, IOB, Ranbaxy, EKC & JP Associat.
Nifty is in Down trend

 

[praveen taneja]

NIFTY FUTURES (F & O):
Above 4757-4759 zone, rally may continue up to 4769 level by non-stop.
Support at 4737-4739 zone. Below this zone, expect profit booking up to 4719-4721 zone and thereafter slide may continue up to 4702-4704 zone by non-stop.
Buy if touches 4674-4676 zone. Stop Loss at 4657-4659 zone.
On Positive Side, cross above 4785-4787 zone can take it up to 4802-4804 zone by non-stop. If crosses & sustains this zone then uptrend may continue.

 

[praveen taneja]

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 06-Feb-2010 8.24 36.69 -28.45

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 06-Feb-2010 73.49 41.01 32.48

 

[praveen taneja]

Nf fut
buy 4767.65 tgt 4783.25 / 4808.50 sl 4742.40
sell 4707.50 tgt 4691.90 / 4666.65 sl 4732.75

 

[praveen taneja]

nifty spot weak below 4753 can go to 4720

 

[praveen taneja]

India estimates FY 10 GDP growth at 7.2% (above market poll of 7% ) delivery selling in key index stocks, profit sales likely extend in specific stocks

 

[praveen taneja]

NF FUT
BUY 4777 TGT 4790 / 4811 SL 4756
SELL 4727 TGT 4714 / 4693 sl 4748