Trading with PT style

[praveen taneja]

Nifty fut bullish trigger above 5289 only bulls active at large till 5289 remains intact. Above 5289 resistance at 5302 - 5315 - 5323. Below 5289 support at 5282 - 5273 - 5264 - 5256.

 

[praveen taneja]

Strong & Weak Stocks
This is list of 10 strong Stocks:
Patni, Hero Honda, JSW Steel, Dr Reddy, India Cement, Hindalco, Cairn India, Cipla, Hdfc Bank & PNB.
And this is list of 10 Weak Stocks:
Bajaj Hind, Balrampur Chini, Tulip, Hind Petro, DCB, Nagarjuna Fertil, BPCL, KFA, KS Oils & ICSA.
Nifty is in Up trend

 

[praveen taneja]

NIFTY FUTURES (F & O):
Rally may continue up to 5292-5294 zone for time being.
Support at 5255 & 5263 levels. Below these levels, expect profit booking up to 5229-5231 zone and thereafter slide may continue up to 5204-5206 zone by non-stop.
Buy if touches 5179-5181 zone. Stop Loss at 5154-5156 zone.
On Positive Side, cross above 5317-5319 zone can take it up to 5341-5343 zone by non-stop. If crosses & sustains this zone then uptrend may continue.

 

[praveen taneja]

I am on 5400 call and 5200 put with cost 114 now 120 any suggestions anyone pls????

out of trade at 123 now bought 1120 call RIL and 1100 put at 58 lets see sl is strict 55:thumb:

 

[praveen taneja]

Bank of China executive salaries halved when it will happen in india`s PSU lets wait n watch

 

[praveen taneja]

APRIL SERIES is beginning on heavier note,
Leverage position is more in quantitative terms
161.33 cr shares vs 156.30 Cr shares in March
Series.
Overall Rollover is 84% which is inline with last 3
month average however NIFTY rollover is 66% v/s
68%, which is slightly lower than previous month.
In value terms NIFTY rollover is Rs 50,651 cr v/s
50,774 cr,
stock futures have seen almost 5% rise in the
series in quantitative terms(No. of shares), new
series is starting with 144.64 shares in OI as against
137.72 cr shares in previous month

 

[praveen taneja]

VOLATILITY Index is at historical low 17.05%
Sector wide Rollover - Defensive sector like FMCG and MEDIA witnessing higher roll-overs of 76% and 88%
respectively.
Lower Rollover was observed 'Rate sensitive' setors like REALITY, AUTO and BANKING.
On FII front we have seen marginal rise in rollover to 68% in APR from 67% in the previous month.

 

[praveen taneja]

LOWEROPENINTERESTINNIFTYOPTIONSEGMENTUTWRITINGISSEENAT5000LEVELS
April series is starting on lower NIFTY OPTION OI of 7.05 cr shares as against 7.94 cr shares in March 2010 (about
11% lower). Concentration of OI is observed to be more at NIFTY 5000 PUTs and NIFTY 5300 CALLs, thereby giving a
'broad range' of 5000~5300 for NIFTY at the start of APRIL series. This is indicative of very strong Resistance for
NIFTY in the range 5300~5400 on the upside and the 'strong Support' existing at 5000 levels in the near term.

 

[praveen taneja]

Defensive sectors like FMCG ,MEDIA have
seen higher Rollover to new series
FERTILIZER and OIL & GAS also witnessed
significant rollover, 84% and 83%
respectively. however this rollover is mildly
higher than previous month.
CEMENT, ENGINEERING, METALS, SUGAR
and BANKING sectors rollover where inline
with previous month suggestive of
'CAUTIOUS' approach by players on these
sectors.
Rate sensitive sectors like REALITY & AUTO
has witnessed lower rollover, 80% and 73%
resp. indicating “ Unwinding” in these
sectors.
ROLLOVER ANALYSISMARCH 10
25th

 

[praveen taneja]

out of RIL call 1120 at 29.50 holding put only now expect some profit booking now on weekend