Trading with PT style

[rrmhatre72]

SGX nifty above 5100. Strong opening & ralley for the day expected

 

[rrmhatre72]

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

Weekend closing will be inbetween 5025 to 5125. My Tukka....

 

[praveen taneja]

NIFTY OPEND WITH GAP, AND NOW AT 5094 , WILL FACE RESISTANCE AT 5102 ABOVE THAT LITTLE UP CAN TAKE PLACE BUT FOR MORE POWER IT SHOULD MOVE ABOVE 5137,!!!
Waiting to enter RIL call 1050 may now ay 1049 lets see

 

[rrmhatre72]

NIFTY OPEND WITH GAP, AND NOW AT 5094 , WILL FACE RESISTANCE AT 5102 ABOVE THAT LITTLE UP CAN TAKE PLACE BUT FOR MORE POWER IT SHOULD MOVE ABOVE 5137,!!!
Waiting to enter RIL call 1050 may now ay 1049 lets see

Hi PT,

Is 5080 acting as support?

 

[praveen taneja]

The European Union agreed on a 500 billion-euro ($670 billion) emergency fund in the early hours of Monday to protect highly indebted eurozone countries from the "wolfpack" of financial markets. IMF Approves 30 Billion Euro Loan for Greece
Thats why mkts up short covering still pending and above 5120 it would start

 

[praveen taneja]

Hi PT,

Is 5080 acting as support?

its just people buying at dips its not a support some buying for long some booking loss there took 1080 call at 16.50 and 1000 put at 8.25 combine cost 25.50 lets see

 

[praveen taneja]

pls dont take any long position now and wait dont be a compulsive trader buy if u want with hedge

 

[praveen taneja]

Strong & Weak Stocks
This is list of 10 strong stocks
Pir Health, Ashok Ley, ICSA, DCB, UCO Bank, Indian Bank, Andhra Bank, Vijaya Bank, Uniphos & EKC.
And this is list of 10 Weak Stocks
ABB, Balrampur Chini, Aditya Birla, Aban Off shore, Sesa Goa, HDIL, Tech Mahindra, Renuka, JP Associates & Tata Steel.
The daily trend of nifty is in downtrend

 

[praveen taneja]

Technicals: RNRL (NSE Cash)
This scrip fallen on Friday & in line with the expectations. Real Selling too.
Bear's eyeing a Target of 44.20 level on down side. If you look at Asian Positive Global Cues, then this target may not be possible too.
On Positive Side, if Start Recovers, then expect a short covering up to 73.50 level and have caution. Risk is too high.

 

[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 07-May-2010 2573.13 3881.52 -1308.39
DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 07-May-2010 1676.73 1022.38 654.35