Trading with PT style

[praveen taneja]

What is your view on IIP numbers, My tukka is it will come below expectation! :rofl:

whatever number comes as 5200 calls written mercilessly and have max OI so I am playing short with 5240 as sl lets see:thumb:

 

[nimish_rulz]

whatever number comes as 5200 calls written mercilessly and have max OI so I am playing short with 5240 as sl lets see:thumb:

I had high hopes of Dow future falling 100 points today. Everyday reverse of actual dow movement happens in asian trade for dow futures. It is just unfair that smart money hedges their exposure completely. Long Short methods and with unlimited amount to dispose.

I hope this is the calm before a major fall. I have been sitting on cash for past 2-3 weeks and it is painful to see markets rise while I sit. Now risk on the higher side is not looking attractive either with april high at only 250 points away. Lower side risk is just too much. Very bad time for a swing trader/ investor like me:annoyed:

Today it is a real test sab markets resistances per hai. Germany has shown amazing strength that is also 4% away from its peak of april and 52 week high despite all the crisis.

 

[nimish_rulz]

Rumours IIP numbers are @ 17.4%. If this true market is going to sky rocket as expectation is around 13.5%

 

[scplindia]

Rumours IIP numbers are @ 17.4%. If this true market is going to sky rocket as expectation is around 13.5%

IIP of 17.4 is impossible, if that happens we will see 5400 today. should come around 10 to 12.

 

[nimish_rulz]

IIP of 17.4 is impossible, if that happens we will see 5400 today. should come around 10 to 12.

No I am watching zee news that is what is internal sources are saying according to them. The expectation is around 13.5% same as march. However due to record auto sales in April and low base effect as last april IIP numbers were at only 1.5% this increase might be massive. I agree it is too high but if a very high number comes out the markets might tank as chances of IR going up would go up. Most amazing thing is everytime IIP number comes out market for the past few months has been around 5150 :clap:. So now we knw before IIP numbers come out where the market will go.

 

[nimish_rulz]

Rumours IIP numbers are @ 17.4%. If this true market is going to sky rocket as expectation is around 13.5%

Rumour is found to be true. Market unmoved

 

[praveen taneja]

Rumours IIP numbers are @ 17.4%. If this true market is going to sky rocket as expectation is around 13.5%

Bro IIP not yet declared its only cartoon network guess

 

[rajeabc]

Rumour is found to be true. Market unmoved

market is waiting for me to take a position to hit my SL irrespective of the direction.
Thank god I believe in Sl otherwise yesterday I would have wiped my all this month profit(though it is not in lakhs).

 

[nimish_rulz]

Bro IIP not yet declared its only cartoon network guess

Bhai I got a message on Indiabulls the IIP numbers are out.

 

[Shravan Reddy]

Bro IIP not yet declared its only cartoon network guess

thanks Bhai..
aap bol sakte hain kya.. mein kaha pe yeh IIP ka data dekh saktha hoon..
koi site.. where we get it as soon as it is released..
aur aaj aap kya positions liya.. woh bhi bolna.. dekh ke hamein bahut acha lagta hain :thumb: