Trading with PT style

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5011 is the major hurdle today...crossed it with good momentum and we might see 5070 as next target....
Dont know why but I am not convinced with this upmove so far took 4900 put june with 5000 call may combine cost 170 net lets see
RIL 1000 call stil in hand sl now 1025 on RIL spot
 
Nifty
pivot points
r1-4971 r2-5011 r3-5076
pivot-4906
s1-4866 s2-4802 s3-4762
moving averages
sma-7: 5028.13 sma-13: 5070.55 sma-26: 5160.82 sma-50: 5208.50 sma-200: 4993.16
ema-12: 5054.10 ema-26: 5122.86 ema-50: 5142.44 ema-200: 4892.40 macd: -68.76
 
I expect India to outperform the broader market, but markets will remain volatile for 2010. We will take cues from the rest of the world and will have to learn to live with this volatility.If the euro crisis flares up, fund flows to India and other emerging markets will further slow down,In the short term, till investors see progress in Europe, markets will be under pressure on account of risk aversion and you’ll see that across most asset classes. Money is going into what are perceived as safe haven trades: US Treasuries and gold.
 
Out of call at 53.50 now only put 4900 june i have with cost now 170-54 = 116 and cmp123 sl now 120 lets see with gods grace something assured in this trade
 
PT: Atleast it is not possible in stock market YADI EK SUKHI HOGA TO YE TAY HAI KI KOI DOOSRA USI WAQT DUKHI ZAROOR HOGA.....:p
Sukh bhi Mujhe pyare hain Dukh bhi mujhe pyare hain
Sukh mein tera naam japun dukh mein tera naam japun
Kisk main Tajun bhagwan Dono hi tumhare hain

when mkt goes up one ern and when down then other:clap:
See my earlier post I was thinking 120 in 4900 put as sl and then many customer came at same time and power gone
after I was free I call broker to know position he told me mkt at 4973 so I hold my put that is called gods mercy
we never know how and when god want to help us all we need is faith in god and that too unquestioned:clap:
 

NiftyFantasy

Well-Known Member
Sukh bhi Mujhe pyare hain Dukh bhi mujhe pyare hain
Sukh mein tera naam japun dukh mein tera naam japun
Kisk main Tajun bhagwan Dono hi tumhare hain

when mkt goes up one ern and when down then other:clap:
See my earlier post I was thinking 120 in 4900 put as sl and then many customer came at same time and power gone
after I was free I call broker to know position he told me mkt at 4973 so I hold my put that is called gods mercy
we never know how and when god want to help us all we need is faith in god and that too unquestioned:clap:
:clapping: :clapping: that is the main point...u cant do anything unless his blessing with u...no TA will work for u...
 
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