Trading with PT style

[praveen taneja]

If rel holds 2070 in closing nf can bounce again lets see

 

[praveen taneja]

prithvi information= DB(deutsche bank) initiated process with Debt Recovery Tribunal (DRT), Bangalore and obtained an interim injunction by freezing some of Company's bank accounts. DRT has vacated the interim injunction on October 20, 2009 and passed strictures on DB stating that they have obtained interim injunction by suppressing the material facts."bought at 64.85 lets see
Prithvi.. has eps of over 13-15 (if my memory serves me right) was not performing only because of this DB problem..

 

[praveen taneja]

Taken 5100 call december to play for tomm as its luring me for about half an hour hehehe

 

[praveen taneja]

nifty today below 4959 will start another round of panic, Nothing to worry at all , nifty will enter to its black days only closing below 4899!!

nifty to take support at 4959--4945--4904--4899. and will face hurdiles at 5003---5020---5033!!

 

[praveen taneja]

Strong Futures
This is list of 10 Strong Futures: Sesa Goa, Jindal Saw Steel, McDowell-N, PFC, Hind Zinc, MLL, Orient Bank, Tata Motors, IDFC & Recltd..
Weak Futures
This is the list of 10 Weak Futures: EKC, Tata Comm, TTML, India Cement, ICSA, Unitech, Idea, Bharti Airtel, GMR Infra & Punj Lloyd

 

[praveen taneja]

Another view
Selling may continue up to 4972-4974 zone for time being.
Hurdles at 4997 & 5016 levels. Above these levels, expect short covering up to 5048-5050 zone and thereafter expect a jump up to 5081-5083 zone by non-stop.

Sell if touches 5113-5115 zone. Stop Loss at 5146-5148 zone.

On Negative Side, break below 4939-4941 zone can create panic up to 4907-4909 zone by non-stop. If breaks & sustains this zone then downtrend may continue 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 19-Nov-2009 2056.64 2515.82 -459.18

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 19-Nov-2009 1235.81 1119.02 116.79

 

[praveen taneja]

Other stocks that are in news today:
-Cox & Kings IPO closes today, subscribed 1.39 times till now
-Patni Brothers sell 0.6% stake via open market in last 2 days, puts a questions mark on stake sale with potential strategic investors
-Colgate-Reckitt merger talks on: Reports
-Ranbaxy recalls 4348 cartons of skin infection drug in US
-Zee seeks extension of one month to buy Ten Sports – BS
-DLF begins to sell land parcels across India to raise funds – DNA
-Thermax gets order worth Rs 477 crore for captive power plant
-Jindal Drilling gets Rs 635 crore, 5-year contract from ONGC
-US Based Scripps Networks buys 69% stake in NDTV lifestyle for $55 million ((NDTV Lifestyle run & Operated NDTV Good Times))
-Index changes from December 1: IndiaBulls Power to replace Indage Vintners in BSE 500 index
-3.5 crore Era Infra warrant

 

[praveen taneja]

patni directors sold stake in open mkt ,, indicating deal might take at lower levels

 

[praveen taneja]

Untill 2070 hold in RIL mkt wont fall below that every support and resisence one have to look lets see