Trading with PT style

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Today, bears may go on leave, and 2nd half we may zoom upwards, unless otherwise, EU tanks down.
The strength is coming on friday. India's number has lifted all the markets. Europe futures have risen by 0.2% dow futures has made a move higher too.

Well this was always the market to buy on dips. But as you said lets see what happens in Europe. I hope there is a massive sell off. Another flash crash on the dow would be perfect :p
 

rrmhatre72

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Hi,

Some different logic....
Our markets are moving on tune of US market now a days.
Day before yesterday US market was down but still Nifty manage with 1.5% gain yesterday.
Yesterday US market was up 2.7%.
Hence we are also up by 1.2%.
So we are currently align with US 2.7% gain (1.5% +1.2% today)
If it has to move further then it should cross 50DMA 5152. This will make some rally.
To continue this US has to give again good closure today.

IIP numbers are out 15min back but still we have not seen massive surge. It will come after 50DMA only due to shortcovering ( & not due to IIP)

My Tukka....I may be wrong....
 
prem in 1000 call RIL is now 7 from 15 mean people shorting I am on 1040 PUT RIL and now taken 5100 put too lets see
 

jassinko

Well-Known Member
nifty fut 5117 and bnk nifty 9180 is trend decier for the day blw that bears only
hello praveen bhai

just need a small suggestion (tukka) from ur side.......
i yesterday purchased nifty 5000 pe @ 90 and didnt put stoploss

i know i m in loss........i just want to minimise it

so what u think.........where and when (which lvl) should i cover

Market is coming under some pressure but i dont wanna loose more
 
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