Trading with PT style

[MurAtt]

5225 on Spot ... is Lakshman rekha .. better is 5240 on NF ...
Once that is crossed imo trend reversal to bullish from bearish mode ...

Though keep a watch for whipsaws i.e. markets do try to shake off weak bears and weak bulls many a times .... a surge of around 20-50 pts above/below a very well known resistance/support before resuming the existing trend ...

The market has so many tricks up its sleeve that WE the retailers can get hoodwinked as many times as we think we have hoodwinked the market :rofl:

 

[rrmhatre72]

5225 on Spot ... is Lakshman rekha .. better is 5240 on NF ...
Once that is crossed imo trend reversal to bullish from bearish mode ...

Though keep a watch for whipsaws i.e. markets do try to shake off weak bears and weak bulls many a times .... a surge of around 20-50 pts above/below a very well known resistance/support before resuming the existing trend ...

The market has so many tricks up its sleeve that WE the retailers can get hoodwinked as many times as we think we have hoodwinked the market :rofl:

Thanks Murtuza,

What is imo stand for?

 

[vssoma]

praveen bhai, boring yaar......yeah kya ho raha hain.....

 

[gunavadhi]

thanks murtuza,

what is imo stand for?

in my opinion

 

[praveen taneja]

Hi PT,

Does any site provide inputs on portfolio switching?
I mean to say any specific counter targeted by FII or DII.
They are huge players hence their switching will not happen in day or two but it may take week/s. & we tiny players can take advantage of their switching.

Hi All,

I am dealing throgh ICICI in option.
ICICI has option brokrage plan based on monthly volume.
I am paying brokrage of Rs125/lot (worst case) or Rs90/lot(Best case) for intraday square off.
If I take position & sqare it next day then it is Rs 210/lot(worst case) & Rs145/lot(best case).
I feel this is too high.
Pls suggest me better alternative where I can save on brokrage. What is the lowest brokrage can be expcted if I am dealing with 70-100 lots of nifty in a month.

Bro that is just tukka after watching movement and todal traded position
so much vollume but only for buying in option and selling in cash :thumb:
I tried many brokers but I think Religare is best with Odin and no hidden cost
They charge approx 65Rs per lot buy sell and if prem is above 125 i think it comes around 90Rs per lot buy sell

 

[praveen taneja]

Mkt just gathering shorts to jump up Two days ago at 5100 + I took 5200 call as I was very sure we can see 5250 today and I posted too and now I FEEL expiry above 5400 this time
I took 5200 call june at 147.75 and would enter this mnth 5100 put on break of 5180 to hedge sl no need tgt simple watever comes grab and run away

 

[MurAtt]

If you are situated in Mumbai or Delhi .. try Almondz .. they charge 50/- per buy and 50/- per sell initially .. after some trading and seeing good vols or if the RM help out then they will reduce to 40/- and even 35/30 sometimes ....

Cost of 30 would mean 2pts/rs movement per lof of Nifty CE/PE would cover brokerages. Rest profit. In stocks it would become very cheap ...

 

[praveen taneja]

Nifty future
buy 5206.10 tgt 5213.20 / 5224.70 sl 5194.60
sell 5178.70 tgt 5171.60 / 5160.10 sl 5190.20

 

[praveen taneja]

Results Today:



Crompton Greaves,

Educomp,

Gammon India,

Graphite India,

Kewal Kiran,

Koutons Retail,

Lok Housing,

MTNL,

Plethico Pharma

and Tata Coffee.

 

[rrmhatre72]

If you are situated in Mumbai or Delhi .. try Almondz .. they charge 50/- per buy and 50/- per sell initially .. after some trading and seeing good vols or if the RM help out then they will reduce to 40/- and even 35/30 sometimes ....

Cost of 30 would mean 2pts/rs movement per lof of Nifty CE/PE would cover brokerages. Rest profit. In stocks it would become very cheap ...

Thanks Murtuza & PT.

I got simillar quote from Ventura.
Any idea how are they? Do Anyone have good/bad experience?
Pls share.
yes I am in Mumbai...