Trading with PT style

[praveen taneja]

POST MARKET
The BSE Sensex closed lower by 218.42 points or (1.29%) at 16,769.11
while NSE Nifty ended lower by 72.80 points or (1.43%) at 5,018.05.
BSE Mid cap closed with a loss of 178.37 points or (2.54%) at 6,834.25
while BSE Small cap closed with a loss of 270.10 points or (3.01%) at
8,709.35. The BSE Sensex touched intraday high of 16,939.58 and
intraday low of 16,684.13. Among the Sensex pack 25 stocks ended in
red territory and 4 in green territory while 1 stock remained unchanged.
The overall market breadth was negative as out of total 2,933 stocks
traded on BSE, 2332 stocks declined whereas 537 stocks advanced and
64 stocks are unchanged. The S&P CNX Nifty is down by 72.80 points
or 1.43% to 5018.05. The NSE turnover was up Rs.16226.28 from last
trading session’s Rs. 13888 Crore.

 

[praveen taneja]

SENTIMENT INDICATOR
PCR of index options is at 1.06 trading session’s 1.02. PCR of Stock
options is at 0.42 trading session’s 0.28. PCR of total F&O is at 0.98
last trading session’s 0.97.The implied volatility has increased to 25.69
last trading session’s 21.72

 

[praveen taneja]

Short Term Trend
Target Trend Reversal Support/Resistance
Sensex 16350 Up above 17120 16350 / 17120
Nifty 4900 Up above 5121 4900 / 5121

 

[richo]

Hi PT

I was just reading older posts and found something interesting and motivating.

Dt July 2008

Originally Posted by praveen taneja View Post yes i lost most of my portfolio in equities but from the last mnth i work in options of nifty n getting some profit but w/o any software or knowledge n with tips gathered from here n there i m trapped in calls of nifty n RIL.I hav two calls of nifty4400@ 40Rs n two calls of RIL 2250@ 32Rs dont know wat to do wait or book loss can any body suggest me wat to do now?​

Hats off to you for your determination and success in your trading career.


Richo.

 

[praveen taneja]

Hi PT

I was just reading older posts and found something interesting and motivating.

Dt July 2008

Originally Posted by praveen taneja View Post yes i lost most of my portfolio in equities but from the last mnth i work in options of nifty n getting some profit but w/o any software or knowledge n with tips gathered from here n there i m trapped in calls of nifty n RIL.I hav two calls of nifty4400@ 40Rs n two calls of RIL 2250@ 32Rs dont know wat to do wait or book loss can any body suggest me wat to do now?​

Hats off to you for your determination and success in your trading career.


Richo.

Karat Karat abhyas ke jadmati hot sujan:thumb:
Rasari awat jaat se sil par padat nisan:clap:
I am still like i was then but now change is only that now I have gods mercy on me God is gr888888888 or I am still ignorant as I was earlier

 

[praveen taneja]

Nifty cracked and lost more than 250 point during the week. Overall market volume improved in later half of the week with increase in selling pressure.
Nifty cost-of-carry, which was negative during major part of the week, ended at 1 point premium. The put-call ratio of open interest fell on the back of
covering of puts and finally ended at 1.19. The options open interest addition remained skewed towards call options. The options open interest
concentration for the May series continued to be in the 4900 strike put with the highest open interest of above 71 lakhs, indicating crucial support in the
near term. Whereas, 5300 strike holds maximum concentration of call with open interest of 65 lakhs, indicating short term resistance The Implied
Volatility (IV) has gone up to 26.62%. The current scenario is completely influenced by global cues, but options activity suggests a movement between
4900-5180 levels this week.

 

[praveen taneja]

NIFTY ANALYSIS
Put Call Ratio Analysis : The Put-Call open interest ratio of Nifty has decreased
to 1.19 from 1.31. At the end of week, the maximum stocks had positive trend of
change in put call open interest ratio.
Implied Volatility Analysis : The Implied Volatility (IV) for Nifty futures this
week has increased to 26.62% from 21.11%. The IV of the stock futures has
changed this week ranging from -9.24% to 43.51%.
Open Interest Analysis : The open interest for the index at the end of this week
has increased by 31.95% as compared to the previous week. All future stocks saw
changes in their open interest ranging from -61.18% to 55.11. RNRL has the
maximum increase in open interest as compared to other stocks.
Statistical Analysis
Open 5235.00 High 5245.00
Low 4976.10 Close 5032.00

 

[praveen taneja]

Next week Nifty 5250?? Or 4750??[COLOR="

 

[vssoma]

Next week Nifty 5250?? Or 4750??[COLOR="

what ever.....no worry....but need speed only......

 

[praveen taneja]

Tomm would if mkt open lower would try to grab 1050 call of RIL of next mnth