Trading with PT style

[praveen taneja]

stocks that are in news today:
-Pfizer, Wockhardt brass may meet by month-end on acquisition: Mint ((Pfizer interested in buying part of Wockhardt's biz))
-L&T sells petroleum dispensing business to US-based Gilbarco for Rs 200 crore
-FIPB refers Jet's fund raising proposal to CCEA ((Company looking to raise $400 million via QIP))
-Jet-Sahara case to come up for directions in Bombay HC today
-Tata Motors raises Rs 264 crore in new FD scheme – BS
-BSNL, Vavasi talks to buy Zain fall through, Vavasi to announce new partner in 1-2 weeks – BS
-Valecha Engineering bags orders worth Rs 110 crore
•The government approved 17 foreign direct investment proposals worth Rs. 11.58 bn. Among the major proposals which were approved today are the FDI applications of the world s largest steel maker ArcelorMittal and ductile iron pipe maker Electrosteel Castings, a government statement said. (BS)
•The UK inflation rate rose more than economists forecast in October, climbing for the first time in eight months as fuel costs and air fares climbed. Consumer prices gained 1.5% from a year
•RIL bonus share issue record date November 27

 

[praveen taneja]

Rally may continue up to 5084 level for time being.
Support at 5053 level. Below this level, expect profit booking up to 5047 level by
non-stop.

Buy if touches 5019-5021 zone. Stop Loss at 4994-4996 zone.

On Positive Side, cross above 5109-5111 zone can take it up to 5135-5137 zone by non-stop. If crosses & sustains this zone then uptrend may continue.

 

[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 17-Nov-2009 2376.47 1913.05 463.42

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 17-Nov-2009 931.18 1166.72 -235.54

 

[praveen taneja]

Due to extreme rangebound move in Nifty got stuck . mkt will not crack due to tech,metals,realtors, and oil are strong,if they crack mkt fall badly

 

[columbus]

Due to extreme rangebound move in Nifty got stuck . mkt will not crack due to tech,metals,realtors, and oil are strong,if they crack mkt fall badly

I think market is either in for a PAUSE or going to
crack badly because 5100 is offering some resistance.

 

[praveen taneja]

RIL AGM okays 1:1 bonus; Nov 27 record date
The shareholders of the country’s most valued company Reliance Industries (RIL) today approved the 1:1 bonus issue for which the company fixed November 27, 2009 as the record date.

 

[praveen taneja]

The alphabet “O” stands for Opportunity ……..

Which is absent in “Yesterday”

Available once in “Today” and

Present thrice in “Tomorrow”.

So don’t repent for “Yesterday”, live “Today” and look forward to “Tomorrow”.

The happiness of our life depends on the quality of our thoughts.

So make your thinking High, Good and Positive!!

 

[praveen taneja]

Strong & Weak futures
This is list of 10 strong futures:
Jindal Saw Steel, Sesa Goa, Renuka , MLL, IDFC, Ashok Ley, McDowell-N, Hind Zinc, Recltd & Neyveli Lignite.
And this is list of 10 Weak futures:
TV-18, ICSA, Punj Lloyd, Sterling Biotech, TTML, Bharti Airtel, Idea, GMR Infra, India Cement & Tata Comm.

 

[praveen taneja]

Below 5037 level, selling may continue up to 5029-5031 zone and thereafter slide may continue up to 5012-5014 zone by non-stop.

Hurdles at 5065 & 5069 levels. Above these levels, expect short covering up to 5074-5076 zone and thereafter expect a jump up to 5092-5094 zone by non-stop.

Sell if touches 5098-5100 zone. Stop Loss at 5115-5117 zone.

On Negative Side, break below 5006-5008 zone can create panic up to 4988-4990 zone by non-stop. If breaks & sustains this zone then downtrend may continue and have caution.

 

[praveen taneja]

FII DATA
FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII 18-Nov-2009 2597.45 2185.32 412.13

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 18-Nov-2009 1091.23 1347.96 -256.73