Trading with PT style

[praveen taneja]

PT bro, how are you playing Budget this time... Any trades so far?

simpny took 4800 put and 4900 call exit call at 4980 around and as expected profit booking at end gave me back 4800 put cost + few Rs:thumb::clap:

 

[praveen taneja]

होली वही जो स्वाधीनता की आन बन जाये
होली वही जो गणतंत्रता की शान बन जाये
भरो पिचकारियों में पानी ऐसे तीन रंगों का
जो कपड़ो पर गिरे तो हिंदुस्तान बन जाये

 

[praveen taneja]

May God bless you with a colourful life, filled with colours of joy Happiness , friendship, Love ,Peace n Prosperity Happy Holi To you Your family and your near and dear ones

 

[praveen taneja]

Market Outlook 2nd March 2010
NIFTY FUTURES (F & O):
Above 4944 level, rally may continue up to 4978-4980 zone by non-stop.
Support at 4889 & 4920 levels. Below these levels, expect profit booking up to 4836-4838 zone and thereafter slide may continue up to 4785-4787 zone by non-stop.
Buy if touches 4767-4769 zone. Stop Loss at 4716-4718 zone.
On Positive Side, cross above 4995-4997 zone can take it up to 5047-5049 zone by non-stop. If crosses & sustains this zone then uptrend may continue.

 

[praveen taneja]

RELCAPITAL FUTURES
Should have fallen yesterday. Instead, zoomed & Superb performance by Bulls. Uptrend should continue today.

Buy with a Stop Loss of 728 level for Intra-Day Gains. Target at 832 level.

 

[praveen taneja]

Strong & Weak Stocks,
This is list of 10 strong stocks :
Hero Honda, Hindalco, Sesa Goa, Glaxo, Pir Health, IDFC, Axis Bank, Siemens, Maruti & Recltd.
And this is list of 10 Weak stocks:
Bajaj Hind, Renuka, EKC, ICSA, FSL, Polaris Software, Balrampur Chini, Dish TV, Tata Comm & BEML., ,
Nifty is in Up trend

 

[praveen taneja]

The Nifty too was confined in a narrow band between 4,850 and 4,900 in the sessions preceding the Budget before Friday's spurt took the index higher to 4,992. That the index was unable to move past 5,000 on the Budget day implies that the medium-term trend in this index continues to be down. If the third leg of the downtrend from the 5,310 peak unfolds now, it can drag the index to 4,599 or 4,357. The 200-day moving average at 4,680 would be the minimum target for a decline. Close above 5,070 is needed to mitigate this bearish view.

The short-term trend in Nifty is up since the trough at 4,675. But it is possible that this uptrend ended on Friday and the index could now decline to 4,870 or even 4,796. Traders can initiate short positions in rallies with stop at 5,025. Target on a move above 5,000 is 5,067.

 

[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 26-Feb-2010 3542.94 2701.71 841.23


DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 26-Feb-2010 1611.02 2470.65 -859.63

 

[praveen taneja]

Upbeats of Union budget 2010

•Introduction of DTC and GST by April 2011
•Relief for individual tax payers
•Reduces current surcharge of 10% on domestic companies to 7.5%
•Sets aside Rs 16,500 crore for PSU banks to get minimum 8% tier 1 capital by March 2011
•Rs 66,100 crore allocated for rural development in FY11
•Allocation of a sum of Rs 1,73,500 crore for infrastructure development
•Simplification of FDI policy to woo foreign investors
•13% hike in allocation for road transport
•Allocation to power sector doubled to Rs 5,130 crore
•Allocation of Rs 40,100 cr in NREGA

 

[praveen taneja]

Listen and silent are Two words with same alphabets and are very important for friendship because only a friend can Listen you when you are Silent Good Morning have a nice day God bless you