Trading with PT style

[nallan]

where nifty going to end? +ve or negative?

 

[praveen taneja]

5320 & 5349 are Major Resistance Once crosses above 5354 then??? 5450+
Nifty Support places at 52635243,& Nifty sustaining below 5238 will take bring Nifty to 52115201 levels!!! Below 5192 ????
But Not This 3 Consecutive Closing below 5211 Will create all Round Panic In Market and Expect 4500 but not in april but I want 5000 in april in next few days

 

[praveen taneja]

US is making new waves each time and trying to reach a previous top near 11800. Ind mkts have moved out completely from trending region and is in sideways motion. Now all markets may be waiting for to see what US will do at the top mentioned
As per my thinking more US stay above 11000 more emerging mkts would see out flow of funds

 

[praveen taneja]

Strong & Weak stocks today
This is list of 10 strong stocks:
Sintex, Ansal Infra, Pir Health, FSL, Divi'S Lab, Zeel, Rel Infra, GMR Infra, Titan & LITL.
And this is list of 10 Weak stocks:
BEL, Mc Dowell, Renuka, Hind Petro, Sail Ltd, Tech Mahindra, Maruti, ONGC, Orchid Chem & Punj Llyod.
The daily trend of nifty is in downtrend

 

[praveen taneja]

NIFTY FUTURES (F & O):
Above 5305 level, expect short covering up to 5346-5348 zone and thereafter it can zoom up to 5387-5389 zone by non-stop.
Support at 5267 level. Below this level, selling may continue up to 5256-5258 zone by non-stop.
Below 5215-5217 zone, expect panic up to 5174-5176 zone by non-stop.
On Positive Side, cross above 5428-5430 zone can take it up to 5469-5471 zone by non-stop. Supply expected at around this zone and have caution.


Short-Term Investors:
Bearish Trend.
Down Side Target at 5225.30.
Stop Loss at 5388.90.
We are trading near Target Level of 5225.30. If breaks & closes 5225.30 level by consecutive 3 days then it can tumble up to 5143.50 level by non-stop.

 

[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 15-Apr-2010 3928.02 3828.32 99.7
DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 15-Apr-2010 1222 1298.87 -76.87

 

[praveen taneja]

where nifty going to end? +ve or negative?

I covered my short from 5365 at 525 expect some retracement upto 5285-90 would re enter there with 5311sl lets see god is gr888888

 

[praveen taneja]

Tommorrow I would keep an eye on Indian acrylic cmp 5.91( BSE 514165 category B) for a tgt of 8-9 what you people say pappu can dance or pappu cant dance Sa**a

2000 taken at 5.85 now at 6.03 pls god take care of my 20000Rs:clap:

 

[praveen taneja]

you were quite bearish on RIL, why did you take the call option. I was expecting support of 1100 to hold, do you think 1090 will hold tomorrow or we will see the support of 1070/80.

http://www.traderji.com/trading-psychology/39619-current-news-rumours-mkt-10.html#post427402
Reason posted here:thumb:

 

[praveen taneja]

You appear to be genius! but I do not whether your prediction is driven by instict or logic. Story today repeated just the way it is told.

Please advise me. I bot nifty 5200 at 125 today thinking that it will bounce back tomorrow.

Thanks in advance

Bro now it is above ur cost and if I was at ur place must had taken watever god offered me
time decay would kill all ur gains and nifty if profit booking start 5200 call would be first easy thing for shorting:thumb:
I think this can touch 50 at EOD but I can be wrong too:clap:
as I am not a genious only a tukka trader