Trading with PT style

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rrmhatre72

Well-Known Member
Bro,

My point was different.
Now market is moving in very narrow range.
bull & Bears are fighting for 4970.
Some external trigger will help in taking in either direction.

Europe was avg 3.5% down on Friday which was much more than Asian market on Friday.

If it follows Asian trend then perhaps we will see fall below 4950
Or if there is any pull back then it will be beyond 5000
this is my guess (tukka)
hence looking for other members view before europe opens.
CAC open flat as compare to 4%down on Friday.
It is down 0.5% as compare to 2% down in Asia.
Nifty is beyond 5000.
May be just Tukka.
Lets wait for rest of European index
 

rrmhatre72

Well-Known Member
Bro,

My point was different.
Now market is moving in very narrow range.
bull & Bears are fighting for 4970.
Some external trigger will help in taking in either direction.

Europe was avg 3.5% down on Friday which was much more than Asian market on Friday.

If it follows Asian trend then perhaps we will see fall below 4950
Or if there is any pull back then it will be beyond 5000
this is my guess (tukka)
hence looking for other members view before europe opens.
Europe is positive.... Helped Nifty to recover almost 90 points from bottom...
Hope this will trigger US for positive closing .... Tomorrow we may see all Asian markets in green after today's sell off... Nifty close above 5100 tomorrow??? any guess.. :thumb:
 
Spot nifty 4982 is the last hope , stay long only if spot nifty remains firm above4982 . A minimum close above 4982 for spot nifty and a maximum close above 5008 for nifty futures is a must. Stop loss for longs should be placed below 4950 on closing basis.
Bears Magic below - 5000 - 4990 - 4970 - 4927 - 4883
Just took may 1000 RIL put at 12 and June 1050 call at 29.75 lets see
Europe is positive.... Helped Nifty to recover almost 90 points from bottom...
Hope this will trigger US for positive closing .... Tomorrow we may see all Asian markets in green after today's sell off... Nifty close above 5100 tomorrow??? any guess.. :thumb:
covered my set at 44.25 and now no trade in hand except FCS:thumb:
would see tomm morn what to do but I use to take both so no cause of worry in options
would prefer to buy in case of open above or around 5100 put of 5100 may and call of 5200 of june:clap:
 
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NEW DELHI (Reuters) - Monsoon rains, vital for farm output in India's trillion-dollar economy, have reached the Andaman and Nicobar islands, the first landmark in its four-month journey across the subcontinent, a senior weather official told Reuters on Monday. The India Meteorological Department (IMD) has forecast the June-September monsoon would hit the mainland on May 30, two days before normal, by entering the southern state of Kerala. It also said the monsoon would appear over the Andaman Sea this week.

"The southwest monsoon has set over the Andaman and Nicobar islands and some parts of southeast Bay of Bengal. Today, we have declared the onset of southwest monsoon," G.C. Debnath, director of the weather section at the Regional Meteorological Centre in the eastern city of Kolkata, told Reuters.

After last year's driest season in nearly four decades, rains this year are expected to be 98 percent of the long-term average, raising prospects for better output of crops such as rice, corn and soybean.

Poor farm output stoked inflation, triggering widespread protests and prompting the government to drop import tax on a number of commodities, including sugar.

Due to large imports by India, the world's top sugar consumer, New York Raw sugar futures soared to a 29-year-high in February.

Now hopes of a good monsoon will help Prime Minister Manmohan Singh's government to calm soaring headline inflation, which stood at 9.59 percent in April.

Farm Minister Sharad Pawar last week said his government would closely watch monsoon rains before easing a three-year-old ban on export of wheat.
 
theif with a knife
theif with a knife:
Give all your money to me.
Man: Do you know who I am..?
I am the president of this country.
Theif: Really … Ok than give me my money back.
 

columbus

Well-Known Member
theif with a knife
theif with a knife:
Give all your money to me.
Man: Do you know who I am..?
I am the president of this country.
Theif: Really … Ok than give me my money back.
Rephrased:
theif with a knife:
Give all your money to me.
Man: Do you know who I am..?
I am the a Minister of this country.
Theif: Really … Ok than give me all your black money .
Minister:For that you have to go to Switzerland.
 
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