Trading with PT style

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praveen taneja

Well-Known Member
Realistically speaking, 17300 should be the top of the current rally
and we're withing striking distance of the same.We could marginally
overshoot the target on foreign fund flows and positive global cues.
Supports on the downside lie at 17207 & 17102.

The short term bullish outlook will change only with a close below
16804, which should be used as the fresh closing stop loss for
existing long positions.
 

praveen taneja

Well-Known Member
“Shu Khabar…?"


Prime Minister Manmohan Singh summons the secretary and asks him "How come this Gujaratis know everything before anyone else knows about it"

Secretary: There is a phrase in Gujarati "Shu Khabar?"

Manmohan Singh: What does that mean?

Secretary: It means "Whats the news" and each Gujjubhai asks this to other whenever they meet and the answers given by the other one circulates the news very fast and they happen to know everything the fastest.

PM decides to experience this so he removes his turban and has a clean shave and nice hair cut and dresses typically like a Gujrarati and reaches Ghatkopar the typical Gujju hub of Mumbai city..

He sees one Gujjubhai and asks him "Shu Khabar?"

The Gujjubhai replies "Salo Manmohaniyo Ghatkopar ma aavyo chhe em sambhaliyu chhe"... he he he he
 

praveen taneja

Well-Known Member
Strong & Weak futures
This is list of 10 strong futures:
DCHL, Sesa Goa, PTC, Nagarjuna Const, Dena Bank, HCC, Indian Bank, LITL, IOB & Canara Bank.
And this is list of 10 Weak futures:
RCom, Idea, Bharti Airtel, MTNL, Grasim, Suzlon, TTML, Ambuja Cement, India Cement & Lupin.
 

praveen taneja

Well-Known Member
Rally may continue up to 5129 level for time being.
Support at 5098 & 5105 levels. Below these levels, expect profit booking up to 5080-5082 zone and thereafter slide may continue up to 5064-5066 zone by non-stop.

Buy if touches 5027-5029 zone. Stop Loss at 5011-5013 zone.
On Positive Side, cross above 5145-5147 zone can take it up to 5161-5163 zone by non-stop. If crosses & sustains this zone then uptrend may continue.
 
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