Trading with PT style

[praveen taneja]

NF Buy Above 5031.22 S.L 5002.70 Targets 5043.15 5054.94 5078.72
Sell Below 4984.23 S.L 5012.70 Targets 4972.38 4960.68 4937.18
NIFTY NEAR TERM HURDILE AT 5021--5030---5047 AND SUPPORT @ 5005--4996!!!

 

[praveen taneja]

CESC taken at 387 now 393 and wockpharma taken at 179 now at 183 good going till now PA of suzlon of 90 causing worry as lot is big

out of cesc at 394.25 & wockpharma at 183.60:clap::clap:

 

[praveen taneja]

IMF says to revise up 2010 global growth forecast

The International Monetary Fund will increase its forecast for global growth next year in the next few days to account for a faster recovery in major economies, its deputy director said on Monday.

The IMF will raise its forecast for 2010 global growth to about 3 percent from 2.5 percent, said Murilo Portugal, the fund's deputy managing director. The revised forecast could come as soon as Tuesday.

"The recovery is stronger than initially forecast," Portugal, a former deputy finance minister in Brazil, told journalists on the sidelines of a business seminar.

Brazil's economy, the largest in Latin America, should grow more than the global average, Portugal said without giving detailed forecasts.

Economists in a weekly central bank survey released on Monday increased their forecast for gross domestic product growth in Brazil to 4.5 percent in 2010 from 4.2 percent a week earlier.

 

[rohangawale]

NF Buy Above 5031.22 S.L 5002.70 Targets 5043.15 5054.94 5078.72
Sell Below 4984.23 S.L 5012.70 Targets 4972.38 4960.68 4937.18
NIFTY NEAR TERM HURDILE AT 5021--5030---5047 AND SUPPORT @ 5005--4996!!!

in both cases of long and short, considering ur first target the risk reward will be very low. its nearly 3:1.

 

[praveen taneja]

in both cases of long and short, considering ur first target the risk reward will be very low. its nearly 3:1.

Bro if mkt is trading in narrow range what I can do:lol:
Nowadays mkt is for compulsive traders others wait for correction and sit a side like me now only one trade in hand suzlon 90PA lets see what happen to that

 

[rohangawale]

Bro if mkt is trading in narrow range what I can do:lol:
Nowadays mkt is for compulsive traders others wait for correction and sit a side like me now only one trade in hand suzlon 90PA lets see what happen to that

Nobody can do anything in that except controlling ourself from trading.
:clap:

 

[praveen taneja]

NF close below 5005 means more weakness.............lets see

 

[praveen taneja]

NF closing at 4995 is not good for bullish sentiments good for my put of suzlon hahahaha

 

[praveen taneja]

Govt plans FPOs in REC, NTPC: Divestment Jt Secy
Mkt still in discount mkt need huge short to go above 5100 n still it is not there my suzlon put 90 now at 4.50 lets see

 

[praveen taneja]

Cochin Shipyard gears up for an IPO
CRISIL brings out new equity grading system
India’s Dishman to gain from Abott’s Solvay buy
Air India suffers losses over Rs 7K crore
BHEL, BEML in talks to jointly power Metros