Trading with PT style

[praveen taneja]

I am on 1060 put at 16.50 and 1100 call at 24.75 lets see

out of call at 30 now only 1060 put in hand only

Out of put at 13.80 so another happy ending:rofl:

 

[praveen taneja]

Nifty closed in green today, preventing a negative weekly
close—thereby keeping hopes alive for the bulls and testing
the patience of bears. The daily momentum continues to be
in a sell mode, whereas the hourly momentum has come into a
buy mode but trading below the zero reference line, thus
falling short of confirming that the trend has again reversed
on the upside. The market breadth has improved over the last
couple of days but the volumes continue to be low even after
the breakout from the high of the bearish engulfing candlestick
pattern formed on the monthly charts on the Sensex—this is
not a good sign. Nifty formed a hammer candlestick pattern in
Q3 and Doji star candlestick pattern in Q4 almost gaining
nothing in the six months. Nifty has formed a 5 wave declining
pattern on hourly charts in the fall since Tuesday and has
retraced almost 61.8% of its fall from 5330 to 5235. Going ahead,
the high of 5330 remains a crucial resistance and 5266 a crucial
support for if the index breaches 5266, it will slide sharply. So,
keep an eye on these two levels i.e. 5330 and 5266—the next
trend deciders. We continue to maintain our short-term bias
down with the reversal above 5330.
Nifty on hourly chart is trading above its 20 hourly moving
average (HMA) and 40HMA pegged at 5277 and 5276
respectively, which are now its short-term supports. The
hourly momentum indicator KST has turned into buy mode
and now trading below the zero reference line.
Nifty on daily chart is trading above its 20 daily moving average
(DMA) and 40 daily exponential moving average (DEMA) placed
at 5196 and 5028 respectively, which are now its short-term
supports. The momentum indicator (KST) has given a negative
crossover and trading above the zero line. The market breadth
was positive with 1,099 advances and 253 declines on the NSE
and 2,212 advances and 608 declines on the BSE.
The Nifty and Sensex were up by 41 points and 165 points
respectively. Of the Sensex components, IT major Tata
Consultancy Services (up 3.45%) and steel maker TISCO (up
3.10%) led the bunch of gaining stocks whereas FMCG
behemoth Hindustan Unilever (down 3.35%) telecom major
Bharti Airtel (down 3.13%) were hit the worst.

 

[praveen taneja]

Short Term Trend
Target Trend Reversal Support/Resistance
Sensex 17051 Up above 17793 17051 / 17793
Nifty 5100 Up above 5330 5100 / 5330

 

[praveen taneja]

A class in sex education was about to begin, and each student had to bring in a permission slip in order to take it.

A boy handed in his slip and explained to the teacher, "My mom says I can take the course as long as there's no homework.

 

[praveen taneja]

Learn How To Impress Your Clients ............



I was in the airport VIP lounge en route to Seattle a couple of weeks ago. While in there, I noticed Bill Gates sitting comfortably in the corner, enjoying a drink.

I was meeting a very important client who was also flying to Seattle, but she was running a little bit late. Well, being a straightforward kind of guy, I approached the Microsoft chairman, introduced myself, and said, "Mr. Gates, I wonder if you would do me a favor." "Yes?" "I’m sitting right over there," pointing to my seat at the bar, and "I’m waiting for a very important client. Would you be so kind when she arrives as to come walk by and just say "Hi Tom" ?" "Sure", replied Bill Gates.

I shook his hand and thanked him and went back to my seat. About ten minutes later, my client showed up. We ordered a drink and started to talk business. A couple of minutes later, I felt a tap on my shoulder.

It was Bill Gates. "Hi, Tom," he said.

I replied, "Shut up, Bill, I’m in a meeting. Don’t disturb me now. I’ll catch up with you later."

 

[praveen taneja]

In our valuable earth thousands of birds & animals dies because of non avilabelity of water ,they cant able to buy any mineral water from markets . So u all r deeply requested to put some water in a utensil at your reach for them & feel the diffrence in these hot summer .

 

[praveen taneja]

The Dalal Street is likely to trade in a range this week as absence of any major trigger would keep markets volatile after posting a long stretch of weekly gains, analysts said.

 

[praveen taneja]

Nf fut
buy 5343.90 tgt 5350.50 / 5361.20 sl 5333.20
sell 5318.40 tgt 5311.80 / 5301.10 sl 5329.10

 

[praveen taneja]

NIFTY LEVELS NIFTY Res 5326-5375-5408 Sup 5250-5212-5180

 

[praveen taneja]

Strong & Weak Stocks for 5th April Monday
This is list of 10 strong future:
Crompton Greaves, Cairn India, Chennai Petro, Hindalco, Orient Bank, Sintex, Sesa Goa, Sun Pharma, Ashok Ley & Sail Ltd.
And this is list of 10 Weak futures:
Balrampur Chini, Bajaj Hind, KFA, Neyveli Lignite, Tech Mahindra, DCHL, BPCL, Tulip, Colpal & Dabur.
The daily trend of nifty is in Up trend since 16th February