Trading with PT style

[rrmhatre72]

Hi PT,

How are you reading market now?
Is this ralley one day story? OR it indicate that we are out of correction mode & again moving towards 5300?

 

[MurAtt]

Close above 5245 on EOD would be reversal of bearish trend ..

That would not mean that mkts would just fall off BUT as of today markets have shown strength AND please be informed that buying calls or going long here is not a great idea .. rather you can short at 5240 levels with a Strict SL of 5260 basis on EOD ....

 

[praveen taneja]

Hi PT,

How are you reading market now?
Is this ralley one day story? OR it indicate that we are out of correction mode & again moving towards 5300?

Close above 5245 on EOD would be reversal of bearish trend ..

That would not mean that mkts would just fall off BUT as of today markets have shown strength AND please be informed that buying calls or going long here is not a great idea .. rather you can short at 5240 levels with a Strict SL of 5260 basis on EOD ....

Bro when Murtaza bro replied no need for me to say anything as he is talking with TA and i talk with my TA:rofl: Tukka analysis
But when mkt was falling I pointed out that with fall june call are in buying mode and to break 5450 mkt need huge short to go up with short covering and I think mkt got what it needed at 5250 would think to go long in june 5400 call with 5100 put of may in hand:clap:
Pls follow me only when U have full faith in god nahin to Allah Maalik:lol:

 

[praveen taneja]

tu teji teji karti hai tu mandi se kyon darti hai
ek baat batla mujhko to nifty short kyon nahi karti hai
kya rakha hai bazaar mein mein short ki laga du dheri..........
mein barish kardu paiso ki jo nifty ho jaye meri
mein barish kardu paiso ki jo nifty ho jaye meri "
de dhana dhan nifty nifty de dhana nifty de..........
MASTI BHARA GEET AUR MASTI BHARI NIFTYYYYYYYYYYYYY
ajj sab log bol rahein hai .. BOLA THAN NA LENEKe liya
all funda mental and tech nikal anal yst

now every wants to sell tom .. till friday every one wished they should have sold on thursday .. kya karien yeah day traders logo ka

 

[praveen taneja]

FII trading activity on NSE and BSE on Capital Market Segment

The following is combined FII trading data across NSE and BSE collated on the basis of trades executed by FIIs on 10-May-2010.



FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 10-May-2010 3123.29 2859.33 263.96


Domestic Institutional Investors trading activity on NSE and BSE on Capital Market Segment

The following is combined Domestic Institutional Investors trading data across NSE and BSE collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System on 10-May-2010.



DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 10-May-2010 1405.92 1375.67 30.25


Data shows today only short covered by big player no major buying seen so far

 

[rrmhatre72]

Bro when Murtaza bro replied no need for me to say anything as he is talking with TA and i talk with my TA:rofl: Tukka analysis
But when mkt was falling I pointed out that with fall june call are in buying mode and to break 5450 mkt need huge short to go up with short covering and I think mkt got what it needed at 5250 would think to go long in june 5400 call with 5100 put of may in hand:clap:
Pls follow me only when U have full faith in god nahin to Allah Maalik:lol:

Thanks Murtuza & PT.
Chating with different people gives diffent prospective which really help me in finalising stratergy for day. ( I really hate TV analist. I think many traders like you have better understanding(Or Tukka) on market)
Till now I have never done hedging by taking position in two diffent month's option. Your above stratergy is intresting. Pls explain bit more about it how it help in heging in both scenario. If market goes up or market goes down

 

[rrmhatre72]

Hi PT,

All Asian markets are in RED.
Where do you find support to Nifty?
Is it 5141?

 

[praveen taneja]

Begi Haro Hanuman Maha Prabhu
Jo kachhu sankat hoye Hamaro
Kaun so sankat More gareeb Ko
jo Tumse Nahin Jaat hai Taro
Jai Jai Jai Hanuman Gusaain Kripa Karo Maharaj

 

[praveen taneja]

Hi PT,

All Asian markets are in RED.
Where do you find support to Nifty?
Is it 5141?

Begi Haro Hanuman Maha Prabhu
Jo kachhu sankat hoye Hamaro
Kaun so sankat More gareeb Ko
jo Tumse Nahin Jaat hai Taro
Jai Jai Jai Hanuman Gusaain Kripa Karo Maharaj

All my support here:clap:

 

[fabrics]

Bro when Murtaza bro replied no need for me to say anything as he is talking with TA and i talk with my TA:rofl: Tukka analysis
But when mkt was falling I pointed out that with fall june call are in buying mode and to break 5450 mkt need huge short to go up with short covering and I think mkt got what it needed at 5250 would think to go long in june 5400 call with 5100 put of may in hand:clap:
Pls follow me only when U have full faith in god nahin to Allah Maalik:lol:

PT Bhai,
aap ke tukke pe pura pura faith hai.
If i understd correctly go long june 5400 call/long 5100 put may.Is it correct?