Trading with PT style

[NiftyFantasy]

Dear PT
will mkt be able to close above 5000 for may series?

Thanx and regards
Subrat

If PT bhai know the answer then why did he sold his 4900 call @27.** ..........

 

[NiftyFantasy]

@PT: What should be the fair price of below mentioned car:

Model: June 2006 Wagon-R
Buy Price: 308000
Book Value @31/03/2010: around 170000 (it is high due to decrease in depreciation rate from 20% to 15% otherwise it would be less around 15-20k)
KM: 25000
Colour: metallic (silver)
Some minor dents (avoidable no need to do anything)

Please let me know the fair value of this car. I'm quoting 1.20-1.25 for this but the seller is asking for more...around 1.40-1.50

waiting your response

abhi

edit: sorry for asking about something else than stock market....

 

[praveen taneja]

@PT: What should be the fair price of below mentioned car:

Model: June 2006 Wagon-R
Buy Price: 308000
Book Value @31/03/2010: around 170000 (it is high due to decrease in depreciation rate from 20% to 15% otherwise it would be less around 15-20k)
KM: 25000
Colour: metallic (silver)
Some minor dents (avoidable no need to do anything)

Please let me know the fair value of this car. I'm quoting 1.20-1.25 for this but the seller is asking for more...around 1.40-1.50

waiting your response

abhi

edit: sorry for asking about something else than stock market....

is it normal or luxury

 

[praveen taneja]

Bhai Still The father of all stock market has to close above 10250. If that happens I am going to invest in my shopping list. Also be prepared for a massive upmove now. 12,000 on the dow atleast. 6000 on Nifty, FTSE.

This coming rally will be massive I promise you that. So go bargain hunting if nifty closes above 5000 and closes there for atleast 3 days continuous.

Dear PT
will mkt be able to close above 5000 for may series?

Thanx and regards
Subrat

If PT bhai know the answer then why did he sold his 4900 call @27.** ..........

As per my TA suggest max upside capped at 4975-5000 would enter there in 4900 puts :clap: Positional

 

[NiftyFantasy]

is it normal or luxury

I think @308000 it should be lower-end basic model...

 

[nimish_rulz]

LOL no activity from FIIs or DIIs today. They are watching the other markets before a trend is set. This doesn't look good Rally without FIIs or DIIs is not good. Volumes today are huge though massive volumes. Anyways lets hope for the best. And Hope DIIs and FIIs jump in the buy Wagon. DIIs have been net buyers for quite sometime and we want FIIs to participate who would rather put money in Europe now due to the cheap valuations there. Anyways lets see how US pans out it rallied on low volumes yesterday and only a very few stocks closed in green. VIX for US was above march 2009 which means fear has been highest in past 2 years since oct 2008 and whenever VIX starts to retrace perfect time to go long. Usually a VIX high at 40 levels or above signals a peak and starts to come down equity have rallied in past 2 years. Average return can be anywhere between 7% to 30%


Sorry I should say FIIs volumes were high they bought a lot and sold a lot but they didnt provide enough liquidity to the market by being a net buyers.
Same applies for DIIs although they provided a minute liquidity taken over by the FII net sell.
Still negative liquidity in the Indian markets. The figure for combined selling and money taken out by both FIIs and DIIs in the month of may is around 6600 crores now. Worst month since the bull run started.

 

[praveen taneja]

NF FUT For safe trader
BUY 4938.15 TGT 4949.80 / 4968.55 SL 4919.40
SELL 4893.45 TGT 4881.80 / 4863.05 SL 4912.20
I am waiting to enter 4900 put june around 140 lets see

 

[praveen taneja]

Results Today:



Asian Hotels,

Bajaj Electricals,

Bank of India,

BHEL,

Cinemax,

Dalmia Cement,

Emco,

Ess Dee Aluminium,

Everest Kanto,

Godrej Industries,

Gujarat Alkalies,

GMDC,

GNFC,

HPCL,

Indian Hotels,

Mphasis,

Mukand,

Northgate Tech,

Oil India,

REI Agro

and Tata Steel.

 

[praveen taneja]

Nifty
pivot points
r1-4960 r2-5002 r3-5078
pivot-4883
s1-4841 s2-4765 s3-4723
moving averages
sma-7: 4933.24 sma-13: 5027.03 sma-26: 5121.28 sma-50: 5194.13 sma-200: 4997.90
ema-12: 4988.73 ema-26: 5074.58 ema-50: 5113.77 ema-200: 4892.30 macd: -85.85

 

[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 26-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 26-May-2010 3668.51 3835.17 -166.66



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 26-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 26-May-2010 1226.52 1161.66 64.86

short covering with hedging of longs