Trading with PT style

[praveen taneja]

2day also watch 4754-4702 lvl as crucial support.From 2:30 till end session,one side movement.What ever trend going on before 2:30 will see sharp reversal

in morning when index was down 170 4800 call was at 17 and now down 170 4800 call is at 11... does it mean that closing will be between 4775/4800????

Out of 15 people i spoke to 13 are waiting for bounce to clear their postion.So let us see if bounce is coming and if it comes how far it can go with this selling pressure.And if bounce does not come than HEY Ram !!!!!!!

Good going wowwwwwwwww:clapping::clapping::clapping::clapping:

 

[praveen taneja]

The market breadth is positive with advances at 920 against declines of 65 on the NSE

 

[praveen taneja]

Strong & Weak futures
This is list of 10 strong futures: Balrampur Chini, Crompton Greaves, Dr Reddy, Polaris, Wipro, PTC, Dabur, GTL Infra, Colpal & ITC.
And this is list of 10 Weak futures: IOC, EKC, GMR Infra, RCom, RNRL, Punj Lloyd, MLL, Rel Capital, Unitech & JP Hydro.

 

[praveen taneja]

Above 4789 level, expect short covering up to 4816-4818 zone and thereafter expect a jump up to 4844-4846 zone by non-stop.
Support at 4767-4769 zone. Below this zone, selling may continue up to 4765 level and thereafter slide may continue up to 4751 level by non-stop.

Break below 4722-4724 zone, can create panic up to 4694-4696 zone by non-stop.

On Positive Side, cross above 4889-4891 zone can take it up to 4917-4919 zone by non-stop. Supply expected at around this zone and have caution.

 

[praveen taneja]

FUNDS DATA
FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 29-Oct-2009 2994.99 5541.66 -2546.67

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 29-Oct-2009 2653.79 1676.73 977.06

 

[praveen taneja]

U.S. stocks rallied, sending benchmark indexes to their biggest advance since July, after the economy returned to growth following the worst contraction in seven decades. Treasuries dropped and the dollar and yen weakened, while commodities surged.
The major averages gave the news a warm reception: The Dow Jones Industrial Average added 199.89 points, or 2.1%, to 9962.58, and the S&P 500 rose 23.48 points, or 2.3%, to 1066.11. The Nasdaq advanced 37.94 points, or 1.8%, to 2097.55.

 

[praveen taneja]

The Petroleum Minister Murli Deora said there was no other option but to let the blaze continue at Jaipur's IOC fuel depot

 

[praveen taneja]

bhartiiii tanking, avoid weightage counters

 

[praveen taneja]

bhartiiii tanking, avoid weightage counters

Timely advice
ALERT!!! NIFTY FALLING LIKE ANYTHING!! AND NOW THE NIFTY SUPPORT AT 4700--4696!!! Below that Allah Maalik

 

[praveen taneja]

market take 27 day from 4680 to 5180 to reach HIGH , but it take just 7 day to revers . what a game
still people says easy to make money in stock market:rofl::rofl::rofl: