Trading with PT style

[nallan]

if 5150 hold for next 5 mnt exit and wait for a close below 5140 next week bull or bear destroy decided by that

Dear Brother,

I always appreciate your analytical abilitiy and the wau u communicate

As I have too little knowledge, I am not able to understand the language spoke in this forum.

Now the nifty has closed below 5145.

Pl tell me it is going for further slide, I have nearly 5.0 lakhs invested in equity stocks. shud i exit now and eneter at lower levels. As of now my loss is around 90,000.

Regards
nath

 

[praveen taneja]

Bro I am a small tukka trader and prefer to trade in mostly nifty and RIL options with junk stocks of not more then Rs 10.
Cant tell you what to do in this situation as niether I know ur portfolio nor I am an expert in that
If u are in Aban I would suggest jump at once and enter at later stage in june and if you are in RIL wait for 1000 and start accumulating at evey dip as max down we can see in that is 975-80 Reason I dont know but I feel that it wont break easily and even if broke would come back soon
Result good case won and still stock from 1200 to 1043 just some people want it at throw away price
If you are not in margin trading wait and let mkt settle and there you swich in high beta stocks which are down to earth like Rel cap
But still want to cautious you that never take a decision in haste God would surely bless you

 

[nallan]

Bro I am a small tukka trader and prefer to trade in mostly nifty and RIL options with junk stocks of not more then Rs 10.
Cant tell you what to do in this situation as niether I know ur portfolio nor I am an expert in that
If u are in Aban I would suggest jump at once and enter at later stage in june and if you are in RIL wait for 1000 and start accumulating at evey dip as max down we can see in that is 975-80 Reason I dont know but I feel that it wont break easily and even if broke would come back soon
Result good case won and still stock from 1200 to 1043 just some people want it at throw away price
If you are not in margin trading wait and let mkt settle and there you swich in high beta stocks which are down to earth like Rel cap
But still want to cautious you that never take a decision in haste God would surely bless you

Friend, Your answering is amazingly down to earth. I appreciate.
I have nifty CE 5300 may futures purchased at avg 26 1000 shares.
I just wanted your reading on nifty for the next week. i wish to book before end of mext week. infact, i was greedy to wait nifty cross 5200 level when it was evenly poised.
So a lesson is learnt.

Regards

 

[nallan]

Bro I am a small tukka trader and prefer to trade in mostly nifty and RIL options with junk stocks of not more then Rs 10.
Cant tell you what to do in this situation as niether I know ur portfolio nor I am an expert in that
If u are in Aban I would suggest jump at once and enter at later stage in june and if you are in RIL wait for 1000 and start accumulating at evey dip as max down we can see in that is 975-80 Reason I dont know but I feel that it wont break easily and even if broke would come back soon
Result good case won and still stock from 1200 to 1043 just some people want it at throw away price
If you are not in margin trading wait and let mkt settle and there you swich in high beta stocks which are down to earth like Rel cap
But still want to cautious you that never take a decision in haste God would surely bless you

Sir, I do have 40 reliance shares purchased at 1100 level. Thanks for your advise, i will wait for an opportunity to buy at 1000 levels and keep invested for 20% up from current levels.
Regards

 

[rrmhatre72]

Hi PT

how do you see market now with gap down opening & all asian markets in deep red?
Do you feel 4980-90 is crucial level?

 

[rajputz]

Hi PT

how do you see market now with gap down opening & all asian markets in deep red?
Do you feel 4980-90 is crucial level?

IMO, 4970 is crucial

 

[rrmhatre72]

Napoleon........
"The world suffers a lot. Not because of the violence of bad people,
But because of the silence of good people!"

Einstein.........
"I am thankful to all those who said NO to me
Its Because of them I did it myself.."

Abraham Lincoln.........
"If friendship is your weakest point then you are the strongest person in the world"

Shakespeare..........
"Laughing Faces Do Not Mean That There Is Absence Of Sorrow!
But It Means That They Have The Ability To Deal With It".

Willian Arthur.........
"Opportunities Are Like Sunrises, If You Wait Too Long You Can Miss Them".

Shakespeare.....
"Never Play With The Feelings Of Others Because You May Win The Game But The Risk Is That You Will Surely Loose The Person For Life Time".

Hitler.....
"When You Are In The Light, Everything Follows You,
But When You Enter Into The Dark, Even Your Own Shadow Doesnt Follow You."

Shakespeare.............
"Coin Always Makes Sound But The Currency Notes Are Always Silent.
So When Your Value Increases Keep Yourself Calm Silent"

John Keats........
"It Is Very Easy To Defeat Someone, But It Is Very Hard To Win Someone"

 

[praveen taneja]

Friend, Your answering is amazingly down to earth. I appreciate.
I have nifty CE 5300 may futures purchased at avg 26 1000 shares.
I just wanted your reading on nifty for the next week. i wish to book before end of mext week. infact, i was greedy to wait nifty cross 5200 level when it was evenly poised.
So a lesson is learnt.

Regards

Sir, I do have 40 reliance shares purchased at 1100 level. Thanks for your advise, i will wait for an opportunity to buy at 1000 levels and keep invested for 20% up from current levels.
Regards

Hi PT

how do you see market now with gap down opening & all asian markets in deep red?
Do you feel 4980-90 is crucial level?

Hi bro thnx for appreciation as posted earlier bear tgt it seems coming near 4860 there they wold think what to do
on every gap down mkt always retrace upto 25% when on gap down i took 5100 call june and when iy turn at 5025 around i took 5000 put june surey after booking call
put took at 164.50 now 178 God is gr888888
wait for RIL as next bull run leader would b RIL
above 4860 no support now and 4950 is just Lollypop for bears
posted at 5328 that if 5340 not taken with strength 10-15% fall is sure and god is helping my words:clap:
Jag mein sunder hain do naam
chahe krishna kaho ya Ram
bolo Ram Ram Ram
bolo shyam shyam shyam shyam

 

[praveen taneja]

bears bulls crap just a rollar coaster ride nor bull will win nor bear so better play safe with strict sl out of put at 183 enough for me would wait for mkt to calm down
keeping eye on RIL now with 1000 put may and 1000 call june lets see
Today is half day so can b last trade too

 

[praveen taneja]

premium in call and put of may too high upto dangerous level so pls keep sl one is surely going to hurt today