HAPPY NEW YEAR

Fiftypointsaday team wishes 

All members, followers & visitors of FIFTYPOINTASADAY Blog

A HAPPY NEW YEAR & VERY PROSPEROUS YEAR 2010!!!

DAILY REPORT ON NIFTY BY kadiyali - 31.12.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5193 against its previous close of 5168, and is currently trading at 5220. It has so far recorded a HIGH of 5221 & a LOW of 5193. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 5170-5240. Nifty may trade in a tight range in first part of the day, but may be volatile during second half.

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Market Close Report

3.30PM: Nifty futures closed the day at 5202, up 35 points, after touching a low of 5191 & a high of 5229.

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NIFTY OUTLOOK

Nifty surged further up today & closed the day above 5200 for the first time in this year 2009 at 5201, up 32 points.  FIIs net bought 516cr & DIIs net sold 472cr.  Nifty has closed the year at its year's high of 5201 thanks to the continuing liquidity floating around in the market.

Nifty levels for 04.01.2010 are: PIVOT 5197, R1 5226 & R2 5250, S1 5172 & S2 5144.

DAILY REPORT ON NIFTY BY kadiyali - 30.12.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5185 against its previous close of 5194, and is currently trading at 5185. It has so far recorded a HIGH of 5198 & a LOW of 5178. Asian cues are mixed, US futures are in red, and European markets may open in negative today. The trading range for NF today is 5120-5200.

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Market Close Report

3.30PM: Nifty futures closed the day at 5169, down 25 points, after touching a low of 5155 & a high of 5198.

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NIFTY OUTLOOK

Nifty traded range bound ahead of this month expiry, and closed the day at 5169, down 19 points. FIIs net bought 113cr & DIIs net bought 69cr. Nifty is likely to trade with volatility tomorrow being the last day of the expiry as well as the year.
Nifty levels for 31.12.09 Thursday are: PIVOT 5175, R1 5191 & R2 5212, S1 5154 & S2 5138.

DAILY REPORT ON NIFTY BY kadiyali - 29.12.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5191 against its previous close of 5185, and is currently trading at 5194. It has so far recorded a HIGH of 5202 & a LOW of 5175. Asian cues are slightly negative, US futures are just flat, and European markets may open near flat today. The trading range for NF is likely to be 5140-5210 today.

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Market Close Report

3.30PM: Nifty futures closed the day at 5195, up 10 points, after touching a low of 5175 & a high of 5224.

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NIFTY OUTLOOK

Nifty posted a positive close for the 4th day today, and closed the day at 5188, up 10 points. FIIs net sold 53cr & DIIs net bought 3cr. Though nifty is in a rising mood, the Dec expiry due on 31st is capping the further rise for the month.
Nifty levels for 30.12.09 Wednesday are: PIVOT 5193, R1 5210 & R2 5231, S1 5171 & S2 5154.

WEELLY REPORT ON NIFTYBY kadiyali - 26.12.09 (Saturday)

WEEK GONE BY

Despite trading only for 4 days in the shortened last week, Nifty traded in a range of more than 200 points, and closed the week at 5178, up 190 points, recording in the process its highest close of 2009, surpassing 5148 of 8th Dec. It also touched its intraday highest level of 5197 for the year. The trading range for the week was 4943-5197 with the low of 4943 recorded on Monday and the high of 5197 touched on Thursday.

WEEK AHEAD

Having  bounced back by 190 points in just 4 trading days of the week, Nifty will trade the coming week (shortened with only 3 trading days) in a narrow trading range, and may close the week as well as the month's expiry between 5100-5150. The trading range for the week is likely to be 5080-5190. 

 

STRATEGY FOR THE WEEK

1. If you are long, book out at immediate level of above 5150, and take Jan long position if you see a level below 5100.

2. If you are short, wait for a level below 5100 & book out, so that you can take a fresh short in Jan series during first week of the month at much higher level.

 

STOCK RECOMMENDATION

My stock recommendation for the week is SHRI LAKSHMI COTSYN (cmp 105).

SHRI LAKSHMI COTSYN - FV 10 - CMP 105 - Lifetime High 203 in 2007 - 52 weeks High 112 - 52 weeks Low 21. This company with a low capital of  14.80cr, with regular capex to increase the growth with borrowed funds, is all poised to record a topline of almost 1500cr for current year ending 06/10 with a growth of nearly 30%, and also a bottom line growth of more than 20%. Projected EPS for 06/10 on an enhanced capital of 20cr (by conversion of warrants issued) will be 30-35.

Watch the price of this company, and BUY at any level below 90 for a target of 200 in one year. Textile sector is a cyclic one, and the next boom is due any time now.

OPTION RECOMMENDATION

As only 3 trading days are left for this expiry, I am not recommending any Options for this week.

DAILY REPORT ON NIFTY BY kadiyali - 24.12.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5159 against its previous close of 5156, and is currently trading at 5154. It has so far recorded a HIGH of 5179 & a LOW of 5143. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 5140-5190 in a rangebound trade.

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Nifty SMS Group Trades - Dec 09

A. Total Trades:                       15

B. Winning Trades:                    8

C. Losing Trades:                       7

D. Points Gained:                    231

E. Points Lost:                         142*

F. Net Gain:                              89

* includes today' s loss of 25 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5177, up 21 points, after touching a low of 5136 & a high of 5209.

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NIFTY OUTLOOK

Nifty continued its upmove today and closed the day at 5178, up 34 points. FIIs net bought 707cr & DIIs net sold 111cr. Nifty has been maitaining the higher valuation levels due to the extra liquidity caused by FIIs inflow, and could scale higher levels after the Dec expiry, enabling DIIs & retail investors to exit at good levels. Govt may utilise the situation to tax P-Notes investments of FIIs to compensate shortfall in indirect tax collections.
Nifty levels for 29.12.09 Tuesday are: PIVOT 5168, R1 5208 & R2 5237, S1 5139 & S2 5099.

DAILY REPORT ON NIFTY BY kadiyali - 23.12.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4993 against its previous close of 4989, and is currently trading at 5046. It has so far recorded a HIGH of 5048 & a LOW of 4993. Asian cues are positive, US futures are in green, and European markets may open today in positive. The trading range for NF today is likely to be 4940-5090. Nifty will trade in positive for a major part of the day but may see sell of towards the end.

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Nifty SMS Group Trades - Dec 09

A.  Total Trades:              14

B.  Winning Trades:           8

C.  Losing Trades:              6

D.  Points Gained:           231

E.  Points Lost:                117*

F.  Net Gain:                    114

* includes today's loss of 31 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5157, up 168 points, after touching a low of 4993 & a high of 5161.

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Nifty Outlook

Nifty rided on the back of shortcoverings today to notch up the biggest intraday gain since May, and closed the day at 5144, up 158 points. FIIs net bought 769cr & DIIs net bought 13cr. Nifty is likely to retest the earlier high of 5182 once again.
Nifty levels for 24.12.09 Thursday are: PIVOT 5095, R1 5200 & R2 5256, S1 5039 & S2 4934.

DAILY REPORT ON NIFTY BY kadiyali - 22.12.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4967 against its previous close of 4948, and is currently trading at 4969. It has so far recorded a HIGH of 4980 & a LOW of 4967. Asian cues are postive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 4960-5010 in a rangebound trade.

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Market Close Report

3.30PM: Nifty futures closed the day at 4996, up 48 points, after touching a low of 4967 & ahigh of 4999 in a rangebound trade.

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NIFTY OUTLOOK

Aided by positive global cues, nifty managed a small pull back, and closed the day at 4986, up 33 points. FIIs net sold 110cr & DIIs net bought 511cr. Bears are just waiting for a day or two of negative global cues to hammer down nifty below 4900.
Nifty levels for 23.12.09 Wednesday are: PIVOT 4979, R1 5004 & R2 5023, S1 4960 & S2 4934.

DAILY REPORT ON NIFTY BY kadiyali - 21.12.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4990 against its previous close of 4986, and is currently trading at 4963. It has so far recorded a HIGH of 4995 & a LOW of 4958. Asian cues are mixed, US futures are just flat, and European markets may open today in positive. The trading range for NF today is likely to be 4950-5020.

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NIFTY SMS GROUP TRADES - DEC 09

A.   Total Trades:                  13

B.   Winning Trades:               8

C.   Losing Trades:                  5

D.  Points Gained:                231

E.  Points Lost:                       86*

F.  Net Gain:                         145

*included today's loss of 26 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4940, down 46 points, after touching a low of 4937 & a high of 4995.

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NIFTY OUTLOOK

Nifty continued to slide further, and closed the day at 4953, down 35 points. FIIs net sold 292cr & DIIs net bought 354cr. As Nifty has fallen more than 200 points from its intraday high of 5182 touched on 11th without any pullback for the last 7 trading days, we can expect a pull back of 50-60 points from current level before it resumes the downtrend towards a target of 4800.
Nifty levels for 22.12.09 Tuesday are: PIVOT 4965, R1 4985 & R2 5019, S1 4932 & S2 4911.

WEEKLY REPORT ON NIFTY BY kadiyali - 19.12.09 (Saturday)

WEEK GONE BY

As indicated in my last weekly report, Nifty  closed the week  1)in negative 2)below 5050, at 4988, down 129 points. It also traded the week almost in the trading range indicated by me of 4980-5140 by trading in the range of 4979-5156. The high of the week of 5156 was recorded on Monday, and the low of the week of 4979 was touched on Friday.

WEEK AHEAD

Nifty will continue its negative bias for the week ahead, and will close the week in negative. Though the week will be a shortened week with only 4 trading days, nifty is likely to trade in a range of almost 200 points, and is likely to close below 4900. The trading range for the week will be 4830-5020. Expect a single day 3-digit loss for nifty either on Wednesday or on Thursday.

STATEGY FOR THE WEEK

1. For those holding longs, I had written in my last report " I had asked those holding longs to get out of longs when nifty touched 5180, and in fact nifty gave an excellent opportunity to book profits in longs at its peak. If still holding, get out of the longs when you see 5130 in this week."  And nifty gave that missed chance again by touching a high of 5156 on Monday.

I recommend NOT to hold any longs for one more week.

2. If you are short, book profit in part if you see level below 4950 on Monday, otherwise hold the shorts till nifty falls below 4870.

STOCK RECOMMENDATION

My stock recommendation for the week is ABAN OFFSHORE (cmp 1163).

Aban Offshore - FV 2 - CMP 1163 - Life time High 5555 - 52 weeks High 1679 - 52 weeks' low 224. For the kind of operations of this company, its  equity of 7.56 cr is very low, and makes it an excellent investment on SIP basis. Though market feared very big negative impact on this stock due to global recession, and the stock was hammered down to 224 in early 2009, the recession did not affect the actual performance of the company. It has only suffered due to heavy borrowings, which are likely to be brought down substantially in the weeks to come. The stock is all set to go beyong its current 52 weeks high of 1679 once its Singapore subsidiary gets listed.

BUY this share as a New Year Gift to your family. Buy 10 (or multiples) shares at CMP, and go on adding  2 shares (or multiples) every 10 days so long as it quotes below your BUY price. Remember my New Year Gift recommendation of INFOSYS last December at almost the same price of Aban now? Aban will outperform Infosys by next December.

OPTION RECOMMENDATION

Since, due to range bound trades,  the Options recommended by me during last two weeks, ie. 4900PE below 45 for a target of 120, and Suzlon 85CA below 2.50 for a target of 7 have still not yielded the targetted price, I am skipping Options for this week. You may continue to hold the said two options if bought below the price indicated.

ANNOUNCEMENT

Our paid blog Kadiyali Options Blog will cease to be a paid blog w.e.f.1.1.2010. The access to the options blog from the said date however will be restricted to our Nifty SMS Group members on complimentary basis. The existing members of the blog will be treated as members of our Nifty SMS Group upon renewal, and complementary access will be issued to them to options blog. Similarly the existing members of our Nifty SMS group will also be issued complementary access to the blog against any vacant slots on the basis of their date of joining.

With the above step, all our 3 blogs will become free (non-paid) blogs: 1)fiftypointsaday blog free without any restrictions regarding number of visitors, 2)stock portfolios blog free for the first 100 members on our invitation, and 3)kadiyali options blog free for the members of our Nifty SMS Group with complementary access issued to them on the basis of their date of joining against any vacant slots.

Those who become members of Nifty SMS Group on or before 31.12.09 are likely to be accomodated with a complementary access to options blog. For further details regarding membership of our paid service Nifty SMS Group, email to fiftypointsaday@rediffmail.com.

DAILY REPORT ON NIFTY BY kadiyali - 18.12.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5018 against its previous close of 5036, and is currently trading at 5015. It has so far recorded a HIGH of 5035 & a LOW of 5013. Asian cues are negative, US futures are in green, and European markets will open near flat today. The trading range for NF today is likely to be 4990-5060. Nifty may close today in negative with a minor loss of 10-20 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4983, down 53 points, after touching a low of 4972 & a high of 5049.

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Nifty Outlook

Nifty at last slipped below 5000 today, and closed the day at 4988, down 54 points. FIIs net sold 206cr & DIIs net bought 331cr. Nifty will now have a strong resistance at 5050 till it achieves its downward target of 4800.
Nifty levels for 21.12.09 Monday are: PIVOT 5003, R1 5028 & R2 5068, S1 4963 & S2 4939.

DAILY REPORT ON NIFTY BY kadiyali - 17.12.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5035 against its previous close of 5040, and is currently trading at 5041. It has so far recorded a HIGH of 5046 & a LOW of 5118. Asian cues are mixed, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4980-5050.

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Nifty SMS Group Trades - Dec 09

A.  Total Trades:                12

B.   Winning Trades:            8

C.   Losing Trades:               4

D.   Points Gained:            231

E.   Points Lost:                   60*

F.   Net Gain:                     171

* includes today's loss of 21 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5030, down 10 points, after touching a low of 5008 & a high of 5068.

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Nifty Outlook

Nifty had a rangebound trade today before closing the day just flat at 5042. FIIs net bought193cr & DIIs net bought 139cr. After closing 9 out of first 10 trading days of the month above 5100, nifty has now closed between 5030-5050 for the last 3 days, and is likely to fall decisively below 5000 very shortly.
Nifty levels for 18.12.09 Friday are: PIVOT 5040, R1 5066 & R2 5090, S1 5015 & S2 4988.

DAILY REPORT ON NIFTY BY kadiyali - 16.12.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5019 against its previous close of 5031, and is currently trading at 5012. It has so far recorded a HIGH of 5033 & a LOW of 5004. Asian cues are mixed, US futures are flat, and European markets may open in negative today. The trading range for NF today is likely to be 4970-5040. Nifty may trade today in negative for the first half of the session falling below 5000, but may recover above 5100 in the second half to close the day near flat.

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Nifty SMS Group Trades - Dec 09

A.  Total Trades:                   11

B.   Winning Trades:               8

C.   Losing Trades:                  3

D.   Points Gained:               231

E.   Points Lost:                      39*

F.   Net Gain:                        192

* includes today's loss of 15 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5056, up 25 points, after touching a low of 5004 & a high of 5072. 

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Nifty Outlook

Nifty had a relief pull back today from its day's low of 5001, and closed the day at 5042, down 9 points. FIIs net sold 355cr & DIIs net bought 275cr. For the first 10 trading days of the month, nifty had 5050/5080 as its support,  and the same is likely to act as its resistance now.
Nifty levels for 17.12.09 Thursday are: PIVOT 5037, R1 5072 & R2 5102, S1 5007 & S2 4971.

DAILY REPORT ON NIFTY BY kadiyali - 15.12.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5111 against its previous close of 5107, and is currently trading at 5116. It has so far recorded a HIGH of 5125 & a LOW of 5108. Asian cues are mixed, US futures are just flat, and European markets may open marginally in negative today. The trading range for NF today is likely to be 5060-5130. Nifty may trade today in positive for not more than 2 hours, and will close the day in negative below 5100, after closing above 5100 for 9 out of 10 days of this month.

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Nifty SMS Group Trades - Dec 09

A.  Total Trades:                10

B.   Winning Trades:            8

C.   Losing Trades:               2

D.   Points Gained:           231*

E.   Points Lost:                  24+

F.   Net Gain:                    207

* includes today's gain of 17 points. + includes today' loss of 16 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5021, down 86 points, after touching a low of 5017 & a high of 5125.

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Nifty Outlook

Nifty had its all elusive correction today, and closed the day at 5033, down 72 points. FIIs net sold 6cr & DIIs net bought 39cr. Nifty now may have a relief rally, before resuming the downtrend for a target of 4800.
Nifty levels for 16.12.09 Wednesday are: PIVOT 5060, R1 5102 & R2 5171, S1 4991 & S2 4949.

DAILY REPORT ON NIFTY BY kadiyali - 14.12.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5105 against its previous close of 5111, and is currently trading at 5140. It has so far recorded a HIGH of 5150 & a LOW of 5101. Asian cues are negative, but US futures are in deep green, and European markets may open in positive today. The trading range for NF today is likely to be 5100-5160. Nifty will trade in positive today for almost the entire session, and may close in positive but with only minor gains of 15-20 points.

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Nifty SMS Group Trades - Dec 09

1.  Total Trades:                8

2.  Winning Trades:           7

3.  Losing Trades:              1

4.  Points Gained:            214*

5.  Points Lost:                   8

6.  Net Gain:                     206

*includes today's gain of 39 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5102, down just 9 points, after touching a low of 5090 & a high of 5167.

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Nifty Outlook

Nifty traded in positive for a major part of the day today, only to be sold off at higher level, and closed the day at 5105, down 12 points. FIIs net bought 62cr & DIIs net bought 109cr. With 9 out of the first 10 trading days of the month seeing nifty closing above 5100, the elusive correction is getting delayed.
NIfty levels for 15.12.09 Monday are: PIVOT 5117, R1 5144 & R2 5184, S1 5078 & S2 5051.

WEEKLY REPORT ON NIFTY BY kadiyali - 12.12.09 (Saturday)

WEEK GONE BY

As indicated in my last Weekly Report, Nifty just managed to surpass its previous high of  5181 by just one point, and failed to post a close above the said high, and closed the week at 5117, up just 8 points. In the process, nifty also managed to avoid a negative close for the week by 8 points.  Nifty traded during the week almost in the trading range indicated by me, by trading in the range of 5051-5182 against 5010-5190 indicated in the last report. The low of the week of 5051 was recorded on Monday, and the high of the week of 5182 was touched on Friday.  Nifty has now posted a close above 5100 for 8 out of the first 9 trading days of this month, indicating a 'broader distribution' before a steep fall.

WEEK AHEAD

Having succeeded in avoiding a negative close last week just by a whisker, Nifty is now all to post a negative close for the week ahead, and the closing for the next week will be below 5050. The trading range for the week will be 4980-5140.

STRATEGY FOR THE WEEK

1. I had asked those holding longs to get out of longs when nifty touched 5180, and in fact nifty gave an excellent opportunity to book profits in longs at its peak. If still holding, get out of the longs when you see 5130 in this week.

2. Those who are holding shorts can continue to hold the same with a reduced Stop Loss of 5183 nifty closing basis. But do note to book profit in shorts once nifty spot falls below 5000, so as to re-enter the shorts at a higher level later.

STOCK RECOMMENDATION

My recommendation for stock this week is EVEREADY INDUSTRIES as my multibagger pick. 

EVEREADY IND - FV 5 - CMP 68. Equity 36.34cr. The company after 2 years of net loss, has posted a 19.4cr N/P for the year 03/09, and has posted multifold jump in Q1 at 16.05cr & Q2 at 17.54cr. Expected EPS for year 03/10 is Rs 9 on a face value of 5. My target for this stock is 100/150/300 in 6/12/36  months. A definite Multibagger in 2/3 years.  Buy this stock in multiples of 200, sell 50% when  the price doubles, and keep the balance 50% for very long term.

OPTION RECOMMENDATION

My Option Recommendation for the week is SUZLON call option 85CA.

BUY* Suzlon 85CA (cmp 3.95) below 2.50 for a target of 7.

* Pl note to trade in options only out of any trading profits due to inherent risk involved in option trading.

ANNOUNCEMENT

Our paid blog Kadiyali Options Blog will cease to be a paid blog w.e.f.1.1.2010. The access to the options blog from the said date however will be restricted to our Nifty SMS Group members on complimentary basis. The existing members of the blog will be treated as members of our Nifty SMS Group upon renewal, and complementary access will be issued to them to options blog. Similarly the existing members of our Nifty SMS group will also be issued complementary access to the blog against any vacant slots on the basis of their date of joining.

With the above step, all our 3 blogs will become free (non-paid) blogs: 1)fiftypointsaday blog free without any restrictions regarding number of visitors, 2)stock portfolios blog free for the first 100 members on our invitation, and 3)kadiyali options blog free for the members of our Nifty SMS Group with complementary access issued to them on the basis of their date of joining against any vacant slots.

Those who become members of Nifty SMS Group on or before 31.12.09 are likely to be accomodated with a complementary access to options blog. For further details regarding membership of our paid service Nifty SMS Group,  email to fiftypointsaday@rediffmail.com.


  

DAILY REPORT ON NIFTY BY kadiyali - 11.12.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5166 against its previous close of 5131, and is currently trading at 5169. It has so far recorded a HIGH of 5177 & a LOW of 5161. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 5140-5190. Nifty will trade today RANGEBOUND, and may post near flat close.

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Nifty SMS Group Trades - Dec 09

A.  Total Trades:                 7

B.   Winning Trades:           6

C.   Losing Trades:              1

D.   Points Gained:           175*

E.   Points Lost:                   8

F.   Net Gain:                     167

* includes today's gain of 53 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5110, down 21 points, after touching a low of 5081 & a high of 5188.

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NIFTY OUTLOOK

Nifty made its third  unsuccessful attempt to surpass its 2009 high of 5182 &  closed the day at 5117, down 17 points. FIIs net bought 338cr & DIIs net sold 7cr. Nifty has now completed its Triple Top at 5182, and will be bearish in the days to come, specially as USD Index has shown enough indication of breaking out of its recent range.
Nifty levels for 14.12.09 Monday are: PIVOT 5129, R1 5170 & R2 5223, S1 5076 & S2 5035.

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DAILY REPORT ON NIFTY BY kadiyali - 10.12.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5107 against its previous close of 5122, and is currently trading at 5098. It has so far recorded a HIGH of 5114 & a LOW of 5084. Asian cues are negative, US futures are just flat, and European markets may open marginally in positive today. The trading range for NF is likely to be 5050-5130. Nifty may trade today in negative for almost the entire day except for one or two attempts into positive zone, and may close the day in negative below 5100.

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Nifty SMS Group Trades - Dec 09

A. Total Trades:                 6

B.  Winning Trades:            5

C.   Losing Trades:             1

D.  Points Gained:           122*

E.   Points Lost                   8

F.   Net Gain:                    114

* includes today's gain of 7 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5128, up 6 points, after touching a low of 5084 & a high of 5153.

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Nifty Outlook

Nifty continued to trade in a small range & closed the day at 5134, up 22 points. FIIs net bought 294cr & DIIs net bought 69cr. By closing above 5100 for 7 out of the first 8 trading days of this month, the distribution seems to be over, and we will see US$ improving from the current level suddenly to bring about the much awaited correction in equities.
NIfty levels for 11.12.09 Friday are: PIVOT 5122, R1 5159 & R2 5183, S1 5097 & S2 5060.

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DAILY REPORT ON NIFTY BY kadiyali - 09.12.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5117 against its previous close of 5157, and is currently trading at 5138. It has so far recorded a HIGH of 5144 & a LOW of 5111. Asian cues are negative, US futures are in green, and European market cues will be slightly in positive today. The trading range for NF today is likely to be 5070-5160. Nifty will trade in negative for the first 2 hours, may get back into positive for the next 1-2 hours, and the last part of the day will see sell off at higher levels, and nifty may close the day in negative.

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Nifty SMS Group Trades - Dec 09

A. Total Trades:                  5

B.  Winning Trades:            4

C.  Losing Trades:               1

D.  Points Gained:            115

E.  Points Lost:                     8*

F.  Net Gain:                     107

* includes today's loss of 8 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5126, down 31 points, after touching a low of 5090 & a high of 5151.

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NIFTY OUTLOOK

Nifty in line with negative global cues, traded today in negative almost the entire trading session, and closed the day at 5112, down 36 points. FIIs net sold 377cr & DIIs net bought 18cr. Bulls have so far managed to get nifty a close above 5100 for 6 out of 7 trading days of December.
Nifty levels for 10.12.09 Thursday are: PIVOT 5117, R1 5143 & R2 5174, S1 5086 & S2 5060.

DAILY REPORT ON NIFTY BY kadiyali - 08.12.09 (Tuesday)

Nifty Futues 11AM Call

11AM: Nifty Futures opened today at 5057 against its previous close of 5069, and is currently trading at 5091. It has so far recorded a HIGH of 5110 & a LOW of 5057. Asian cues are negative, US futures are in green, and European markets may open little changed today. The trading range for NF today is likely to be 5040-5130.

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Trading Call

3.15PM: Nifty put 4900PE now at 43.50. BUY* for a target of 120 (as per my Weekly Report).  

* Buy any options only out of Trading profit & not out of capital, due to inherent risk involved in Options Trading.

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Market Close Report 

3.30PM: Nifty futures closed the day at 5159, up 90 points, after touching a low of 5057 & a high of 5162.

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NIFTY OUTLOOK

Nifty smartly bounced back again today to close the day above 5100 for 5 out of 6 days in the month, and closed the day at 5148, up 90 points. FIIs net bought 843cr & DIIs net sold 504cr. Nifty posted its highest close of 5148 for 2009 today, and along with 5143 recorded as a close on 16.10.09, completed its Double Top on closing basis.
NIfty levels for 09.12.09 Wednesday are: PIVOT 5120, R1 5181 & R2 5213, S1 5087 & S2 5026.

 

DAILY REPORT ON NIFTY BY kadiyali - 07.12.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5135 against its previous close of 5115, and is currently trading at 5097. It has so far recorded a HIGH of 5135 & a LOW of 5092. Asian cues are mixed, US futures are in red, and European markets may open just flat today. The trading range for NF today is likely to be 5070-5140. Nifty may trade in both positive & negative alternatively  about 20-30 points above & below its previous close, and may close in positive with minor gains.

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Nifty SMS Group Trades - Dec 09

A. Total Trades:                    4

B.  Winning Trades:              4

C.  Losing Trades:                 0

D.  Points Gained:               115*

E.  Points Lost:                       0

F.  Net Gain:                        115

* includes today's gain of 15 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5060, down 55 points, after touching a low of 5051 & a high of 5135.

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NIFTY OUTLOOK

Nifty faced continuous selling pressure above 5100 today, and closed the day at 5067, down 42 points. FIIs net sold 191cr & DIIs net sold 185cr. Nifty has clearly fallen into Sell-On-Rise zone now, and may oscilate between a support of 4920 & a resistance of 5182 for a few days, before breaking down.
Nifty levels for 08.12.09 Tuesday are: PIVOT 5083, R1 5115 & R2 5163, S1 5035 & S2 5003.

WEEKLY REPORT ON NIFTY BY kadiyali - 05.12.09 (Saturday)

WEEK GONE BY

Nifty recovered smartly from its previous week close of 4941 to close the week at 5109, up 168 points. The opening level of 4942 of Monday was the low of  the week, and the high of the week of 5181 was recorded on Thursday. Nifty having resecured the 5100 level on Tuesday, managed to post a close above 5100 for the last 4 out of 5 trading days of the week with a close of 5122, 5123, 5131 & 5109.

WEEK AHEAD

Nifty having failed to surpass its previous high of the year of 5182 in its three attempts last week, is all set to surpass this level during the ensuing week  on intraday basis. However nifty will not get a close above 5182 and will post a negative close for the week below 5100. The trading range for the week will be 5010-5190.

STRATEGY FOR THE WEEK

1. If you are long, book out of your longs whenever you see a level of 5180, and buy 4900PE below 45 only out of your trading profits.

2. If you are short, hold on to your shorts with SL at 5210 nifty spot closing basis.

STOCK RECOMMENDATIONS

My Stock Recommendation for the week is PASUPATHI ACRYLON. FV 10. CMP 7.60. Due to continuous rise in prices of its end product of acrylic yarn by more than 25%, the company has been able to post jump in its quarterly results.  With a N/P of 18cr in Q1 and 12cr in Q2, the company is all set to post a 50cr+ net profit for 03/10 against a capital of 71cr. Target for this stock is 15 by 31.5.2010.

OPTION RECOMMENDATIONS

Watch the premium of Nifty put 4900PE (cmp 55). BUY Nifty put 4900PE  below 45 for a target of 120.

Pl note to buy any options only out of your trading profits & not out of capital due to inherent risk involved in option trading.

ANNOUNCEMENT

Kadiyali Options Blog will cease to be a paid blog w.e.f.1.1.2010. The access to the options blog from the said date however will be restricted to our Nifty SMS Group members on complimentary basis. The existing members of the blog will be treated as members of our Nifty SMS Group upon renewal, and complementary access will be issued to them to options blog. Similarly the existing members of our Nifty SMS group will also be issued complementary access to the blog against any vacant slots on the basis of their date of joining.

With the above step, all our 3 blogs will become free (non-paid) blogs: 1)fiftypointsaday blog free without any restrictions regarding number of visitors, 2)stock portfolios blog free for the first 100 members on our invitation, and 3)kadiyali options blog free for the members of our Nifty SMS Group with complementary access issued to them on the basis of their date of joining against any vacant slots.

Those who become members of Nifty SMS Group on or before 31.12.09 are likely to be accomodated with a complementary access to options blog. For further details, email to fiftypointsaday@rediffmail.com.

DAILY REPORT ON NIFTY BY kadiyali - 04.12.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5090 against its previous close of 5132, and is currently trading at 5122. It has so far recorded a HIGH of 5138 & a LOW of 5085. Asian cues are negative, US futurs are just flat, and European markets may open slightly in negative today. The trading range for NF today is 5060-5150. Nifty may trade in negative for the first two hours, fall into positive for the next two hours, and may get into negative again towards the end, and close the day in negative.

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Nifty SMS Group Trades - Dec 09

A. Total Trades:                    3

B. Winning Trades:               3

C. Losing Trades:                  0

D. Points Gained:                100*

E. Points Lost:                       0

F. Net Gain:                         100

* includes today's gain of 48 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5130, down just 2 points, after touching a low of 5078 & a high of 5169.

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NIFTY OUTLOOK

Nifty made one more attempt today to surpass its resistance of 5182 & failed, closing the day at 5109, down 22 points. FIIs net bought 198cr & DIIs net sold 57cr. Nifty has been consolidating above 5100 for the last 4 days with a close of 5122, 5123, 5131 & 5109 to enter into a crucial week.
Nifty levels for 07.12.09 Monday are: PIVOT 5117, R1 5153 & R2 5197, S1 5073 & S2 5037.

DAILY REPORT ON NIFTY BY kadiyali - 03.12.09 (Thursday)

Nifty Futures 11AM Call

Nifty Futures opened today at 5140 against its previous close of 5119, and is currently trading at 5163. It has so far recorded a HIGH of 5164 & a LOW of 5133. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF is likely to be 5120-5190. Nifty may give up its gains towards the end, and close the day just flat.

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Nifty SMS Group Trades - Dec 09

A. Total Trades:                      2

B. Winning Trades:                 2

C. Losing Trades:                    0

D. Points Gained:                   52*

E. Points Lost:                         0

F. Net Gain:                            52

*includes today's gain of 42 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5122, up just 3 points, after touching a low of 5115 & a high of 5191.

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NIFTY OUTLOOK

Nifty made a perfect Double Top today touching its 2009 high of 5181, and then sliding down to close the day at 5131, up just 8 points. FIIs net bought 334cr & DIIs net sold 200cr. Nifty will now proceed towards its downward target of 4800/4600.
Nifty levels for 04.12.09 Friday are: PIVOT 5140, R1 5173 & R2 5214, S1 5098 & S2 5065.

DAILY REPORT ON NIFTY BY kadiyali - 02.12.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5147 against its previous close of 5132, and is currently trading at 5129. It has so far recorded a HIGH of 5154 & a LOW of 5120. Asian cues are positive, US futures are just flat, and European markets may open in slightly negative today. The trading range for NF is likely to be 5070-5160.

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Nifty SMS Group Trades - Dec 09

A. Total Trades:                  1

B. Winning Trades:              1

C. Losing Trades:                0

D. Points Gained:                10

E. Points Lost:                      0

F. Net Gain:                          10

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Market Close Report

3.30PM: Nifty futures closed the day at 5116, down 16 points, after touching a low of 5103 & a high of 5154.

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NIFTY OUTLOOK

After rising by more than 200 points in 3 days, nifty consolidated the gains today, and closed the day at 5123, up just 1 point. FIIs net bought 885cr & DIIs net sold 213cr. Nifty is now making its final bid to break its tough resistance of 5182.
Nifty levels for 03.12.09 Thursday are: PIVOT 5097, R1 5155 & R2 5188, S1 5064 & S2 5005.

DAILY REPORT ON NIFTY BY kadiyali - 01.12.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5046 against its previous close of 5029, and is currently trading at 5072. It has so far recorded a HIGH of 5078 & a LOW of 5046. Asian cues are positive, US futures are in green, and European markets may open just flat today. The trading range for NF today is likely to be 5030-5090.

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Market Close Report

3.30PM: Nifty futures closed the day at 5130, up 101 points, after touching a low of 5046 & a high of 5139.

DAILY REPORT ON NIFTY BY kadiyali - 30.11.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5003 against its previous close of 4946, and is currently trading at 5028. It has so far recorded a HIGH of 5032 & a LOW of 4990. Asian cues are positive, US futures are in green, and European markets may open slightly in positive today. The trading range for NF today is likely to be 4990-5040 in a range bound trade.

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Market Close Report

3.30PM: Nifty futures closed the day at 5023, up 77 points, after touching a low of 4990 & a high of 5072.

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NIFTY OUTLOOK

Nifty had a gap up opening today & maintained the positive gap till the end, and closed the day at 5032, up 91 points. FIIs net bought 456cr & DIIs net bought 469cr. For the last 8 trading days, FIIs have net sold 1923cr, which is an indication for the nifty to seek lower level of 4700 at least in the next few days.
Nifty levels for 01.12.09 Tuesday are: PIVOT 5014, R1 5085 & R2 5138, S1 4961 & S2 4889.

DAILY REPORT ON NIFTY BY kadiyali - 27.11.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4918 against its previous close of 4992, and is currently trading at 4884. It has so far recorded a HIGH of 4925 & a LOW of 4865. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4830-4940.

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Nifty SMS Group Trades Record

1. Total Trades:                      12

2. Winning Trades:                  6

3. Losing Trades:                     6

4. Points Gained:                 160*

5. Points Lost:                      136

6. Net Gain:                            24 

7. Month Target:                  200   

*includes today's gain of 60 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4953, down 39 points, after touching a low of 4801 & a high of 4960.

DAILY REPORT ON NIFTY BY kadiyali - 26.11.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5094 against its previous close of 5108, and is currently trading at 5101. It has so far recorded a HIGH of 5108 & a LOW of 5082. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 5050-5110. Nifty may trade in negative for most part of the day, but a late recovery is possible to get a close very near 5100.

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Short Term Trading Calls

Bought PASUPATHI ACRYLON @ 7.05.  Target 10.

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Market Close Report

3.30PM: Nifty futures closed the day at 5005, down 103 points, after touching a low of 4978 & a high of 5108.

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NIFTY OUTLOOK

After yesterday's Double Top, nifty started the slide today, falling by more than 100 points & closed the day at 5005, down 103 points. FIIs net sold 70cr & DIIs net bought 150cr. Nifty will soon enter the Sell On Rise zone.
Nifty levels for 27.11.09 Friday are: PIVOT 5036, R1 5086 & R2 5166, S1 4955 & S2 4905.

DAILY REPORT ON NIFTY BY kadiyali - 25.11.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5083 against its previous close of 5087, and is currently trading at 5114. It has so far recorded a HIGH of 5117 & a LOW of 5081. Asian cues are mixed, US futures are in green, and European markets may open slightly in positive today. The trading range for NF is likely to be 5070-5150 today. Nifty may see a sell off in the second part of the day & may close in negative slightly below 5100.

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Market Close Report

3.30PM: Nifty futures closed the day at 5112, up 25 points,  after touching a low of 5081 & a high of 5139.

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NIFTY OUTLOOK

Nifty today traded above 5100 for almost the entire day, and closed above 5100, at 5108, up 18 points. FIIs net sold 331cr & DIIs net bought 141cr. Nifty has now traded for the last 4 days above 5100 - its huge supply zone, and might have already completed the Double Top.
Nifty levels for 26.11.09 Thursday are: PIVOT 5108, R1 5138 & R2 5168, S1 5078 & S2 5048.

DAILY REPORT ON NIFTY BY kadiyali - 24.11.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5099 against its previous close of 5108, and is currently trading at 5097. It has so far recorded a HIGH of 5101 & a LOW of 5085. Asian cues are negative, US futures are in red, and European markets may also open in negative. The trading range for NF today is likely to be 5050-5110.

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Market Close Report

3.30PM: Nifty futures closed the day at 5073, down 38 points, after touching a low of 5050 & a high of 5109.

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NIFTY OUTLOOK

Nifty had a rangebound trade today, and closed the day at 5090, down 13 points. FIIs net bought 170cr & DIIs net sold 147cr. Nifty will have volatile trading for next 2 days in view of the approaching expiry date.
Nifty levels for 25.11.09 Wednesday are: PIVOT 5085, R1 5118 & R2 5145, S1 5058 & S2 5026.

DAILY REPORT ON NIFTY BY kadiyali - 23.11.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5072 against its previous close of 5068, and is currently trading at 5079. It has so far recorded a HIGH of 5091 & a LOW of 5068. Asian cues are mixed, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 5010-5120.

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Market Closing Report

3.30PM: Nifty futures closed the day at 5101, up 33 points, after touching a low of 5068 & a high of 5119.

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NIFTY OUTLOOK

Nifty continued its bullish momentum today, and closed the day at 5103, up 51 points. FIIs net sold 168cr & DIIs net bought 132cr. Nifty is now heading towards its earlier high of 5182 to form a Double Top.
Nifty levels for 24.11.09 Tuesday are: PIVOT 5089, R1 5127 & R2 5150, S1 5066 & S2 5028.

DAILY REPORT ON NIFTY BY kadiyali - 20.11.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4961 against its previous close of 4986, and is currently trading at 4978. It has so far recorded a HIGH of 4992 & a LOW of 4961. Asian cues are mixed, US futures are just flat, and European markets may open slightly in positive today. The trading range for NF today is likely to be 4950-5030.

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Nifty SMS Group Trades Record

1. Total Trades:                           11

2. Winning Trades:                       5

3. Losing Trades:                          6

4. Points Gained:                      100

5. Points Lost:                           136*

6. Net Gain:                                - 36

7. Month Target:                     200 (revised)

*includes today's loss of 30 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5077, up 91 points, after touching a low of 4937 & a high of 5077.

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NIFTY OUTLOOK

Though started the day with bullish trade, Nifty drifted lower due to midsession selling pressure, only to recover smartly 130 points from its day's low on the back of short covering, and closed the day at 5052, up 63 points. Bulls have now ensured a close above 5050 for 4 out of the 5 trading days of this week, luring retail investors to hold on to their profitable investments at high valuations.
Nifty levels for 23.11.09 Monday are: PIVOT 5016, R1 5099 & R2 5147, S1 4969 & S2 4886.

DAILY REPORT ON NIFTY BY kadiyali - 19.11.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5049 against its previous close of 5055, and is currently trading at 5024. It has so far recorded a HIGH of 5049 & a LOW of 5020. Asian cues are mixed, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4990-5060.

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Nifty SMS Group Trades Record

1. Total Trades:                          10

2. Winning Trades:                       5

3. Losing Trades:                          5

4. Points Gained:                     100*

5. Points Lost:                          106

6. Net Gain:                                 - 6

7. Month Target:                       400

includes today's gain of 37 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4984, down 71 points, after touching a low of 4962 & a high of 5049.

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NIFTY OUTLOOK

After trading in a range of 5010-5080 for the last few days, Nifty finally came out of the range to close below 5000 at 4989, down 66 points. FIIs net sold 459cr & DIIs net bought 116cr. After trying to break out above its tough resistance of 5050 for 3 days, nifty seems to have respected the said resistance to resume its downward journey.
Nifty levels for 20.11.09 Friday are: PIVOT 5002, R1 5040 & R2 5092, S1 4950 & S2 4912.

DAILY REPORT ON NIFTY BY kadiyali - 18.11.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5042 against its previous close of 5063, and is currently trading at 5077. It has so far recorded a HIGH of 5080, and a LOW of 5035. Asian cues are mixed, US futures are in red, and European markets may open just flat today. The trading range for NF is likely to be 5020-5090 in yet another RANGEBOUND day.

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Market Close Report

3.30PM: Nifty futures closed the day at 5057, down 6 points, after touching a low of 5035 & a high of 5082.

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NIFTY OUTLOOK

Nifty had yet another day of rangebound trading, and closed the day flat for the second day at 5055, down 7 points. FIIs net bought 412cr & DIIs net sold 256cr. Nifty for the last 3 days has been trading very firmly above 5050 giving profit booking opportunities for those who believe in a short term reversal for nifty.
Nifty levels for 19.11.09 Thursday are: PIVOT 5058, R1 5075 & R2 5096, S1 5037 & S2 5021.

DAILY REPORT ON NIFTY BY kadiyali - 17.11.09 (Tuesday)

Nifty Futures 11AM Call
11AM: Nifty Futures opened today at 5063 against its previous close of 5062, and is currently trading at 5043. It has so far recorded a HIGH of 5065 & a LOW of 5031. Asian cues are negative, US futures are in negative, and European markets may open slightly negative today. The trading range for NF today is likely to be 4980-5070.

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Nifty SMS Group Trades Record

1. Total Trades:                         9

2. Winning Trades:                   4

3. Losing Trades:                      5

4. Points Gained:                     63

5. Points Lost:                        106*

6. Net Gain:                           - 43

7. Month Target:                    400

* includes today's loss of 12 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5056, down 6 points, after touching a low of 5006 & a high of 5073.

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NIFTY OUTLOOK

Nifty had a volatile trade today within a small range, trading in negative for a major part of the day, but recovering all the losses towards the end to close the day just flat at 5062, up 4 points. FIIs net bought 463cr & DIIs net sold 235cr. Nifty has been rising on lower volumes, closing the last two days at its resistance level of 5050.Nifty levels for 18.11.09 Wednesday are: PIVOT 5049, R1 5087 & R2 5113, S1 5024 & S2 4985.

DAILY REPORT ON NIFTY BY kadiyali - 16.11.09 (Monday)

Nifty Futures 11AM Call
11AM: Nifty Futures opened today at 5041 against its previous close of 5002, and is currently trading at 5058. It has so far recorded a HIGH of 5069 & a LOW of 5038. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 5030-5090.

DAILY REPORT ON NIFTY BY kadiyali - 13.11.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4947 against its previous close of 4953, and is currently trading at 4972. It has so far recorded a HIGH of 4985 & a LOW of 4946. Asian cues are mixed, US futures are flat, and European markets may open in negative today. The trading range for NF today is likely to be 4910-5000.

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Nifty SMS Group Trades

1. Total Trades:                       8

2. Winning Trades:                 4

3. Losing Trades:                    4

4. Points Gained:                   63*

5. Points Lost:                        94

6. Net Gain:                          - 31

7. Month Target:                  400

* includes today's gain of 16 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 5000, up 47 points, after touching a low of 4946 & a high of 5023.

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NIFTY OUTLOOK

Nifty had a bullish trade today, recovering almost all of the previous day's loss, and closed the day at 4999, up 46 points. FIIs net bought 471cr & DIIs net sold 25cr. Having touched an intraday high of 5016, 5014 & 5017 for the last 3 days, Nifty is facing a congestion zone just above 5000, with a further strong resistance at 5050.
Nifty levels for 16.11.09 Monday are: PIVOT 4986, R1 5030 & R2 5061, S1 4955 & S2 4911.

DAILY REPORT ON NIFTY BY kadiyali - 12.11.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4998 against its previous close of 5009, and is currently trading at 4990. It has so far recorded a HIGH of 5012 & a LOW of 4971. Asian cues are mixed, US futures are in red, and European markets may open just flat today. The trading range for NF is likely to be 4930-5020.

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Market Close Report

3.30PM: Nifty futures closed the day at 4969, down 40 points, after touching a low of 4917 & a high of 5017.

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NIFTY OUTLOOK

Nifty had a rangebound trade today for a major part of the session, and saw some sell off in the last one hour, and closed the day at 4953, down 51 points. FIIs net bought 68cr & DIIs net sold 108cr. Nifty may trade between 4850-5050 for a week before starting its down leg again.
Nifty levels for 13.11.09 Friday are: PIVOT 4964, R1 5003 & R2 5054, S1 4913 & S2 4874.

DAILY REPORT ON NIFTY BY kadiyali - 11.11.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4887 against its previous close of 4874, and is currently trading at 4905. It has so far recorded a HIGH of 4906 & a LOW of 4867. Asian cues are positive, US futures are in green, and European markets may open slightly positive today. The trading range for NF today is likely to be 4820-4930.

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Market Close Report

3.30PM: Nifty futures closed the day at 5013, up 139 points, after touching a low of 4867 & a high of 5024.

----------------------------------------------------------

NIFTY OUTLOOK

Nifty had a bullish trade today & posted handsome gains to close the day at 5004, up 122 points. FIIs net bought 862cr & DIIs net bought 90cr. Nifty having retraced almost 70% of its recent fall is surprisingly heading towards double top formation.
Nifty levels for 12.11.09 Thursday are: PIVOT 4963, R1 5057 & R2 5110, S1 4910 & S2 4817.

DAILY REPORT ON NIFTY BY kadiyali - 10.11.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4942 against its previous close of 4903, and is currently trading at 4910. It has so far recorded a HIGH of 4947 & a LOW of 4905. Asian cues are positive, US futures are in red, and European markets may open little changed today. Nifty may have a RANGEBOUND trade today, and the trading range for NF is likely to be 4880-4960.

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Nifty SMS Group Trades

1. Total Trades:                7

2. Winning Trades:           3

3. Losing Trades:              4

4. Points Gained:             47

5. Points Lost:                 94*

6. Net Gain:                  - 47

7. Month Target:           400

* includes today's loss of 21 points.

------------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4872, down 31 points, after touching a low of 4850 & a high of 4947.

------------------------------------------------------------

NIFTY OUTLOOK

Nifty had a gap up opening today but lost all its gains & closed the day in negative at 4882, down 16 points. FIIs net bought 259cr & DIIs net bought 182cr. Nifty may make one more attempt to go beyond 4900 before falling towards its next downward target of 4250.
Nifty levels for 11.11.09 Wednesday are: PIVOT 4896, R1 4933 & R2 4984, S1 4845 & S2 4809.

DAILY REPORT ON NIFTY BY kadiyali - 09.11.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4819 against its previous close of 4790, and is currently trading at 4810. It has so far recorded a HIGH of 4828 & a LOW of 4792. Asian cues are postive, US futures are in green, and European markets may open in slightly positive today. The trading range for NF today is likely to be 4750-4840.

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Nifty SMS Group Trades

1. Total Trades:              6

2. Winning Trades:         3

3. Losing Trades:            3

4. Points Gained:            47

5. Points Lost:                 73*

6. Net Gain:                  - 26

7. Month Target:          400

* includes today's loss of 15 points.

---------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4906, up 116 points, after touching a low of 4780 & a high of 4909.

---------------------------------------------------------

NIFTY OUTLOOK

Nifty had a highly bullish trade today, continuing its positive close for the 4th day, and closed the day at 4898, up 102 points. FIIs net bought 477cr & DIIs net sold 287cr. Nifty has now retraced more than 50% of its recent fall, and will face a strong resistance below 4970.
Nifty levels for 10.11.09 Tuesday are: PIVOT 4864, R1 4939 & R2 4980, S1 4824 & S2 4749.

DAILY REPORT ON NIFTY BY kadiyali - 06.11.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4814 against its previous close of 4770, and is currently trading at 4817. It has so far recorded a HIGH of 4834 & a LOW of 4806. Asian cues are positive, US futures are in red, and European markets may open in positive today. The trading range for NF today is likely to be 4690-4850. A range bound trade with 4800-4850 is also not ruled out.

----------------------------------------------------------

Nifty SMS Group Trades

1. Total Trades:               5

2. Winning Trades:          3

3. Losing Trades:             2

4. Points Gained:            47*

5. Points Lost:                 58

6. Net Gain:                  - 11

7. Month Target:           400

* includes today's gain of 11 points.

--------------------------------------------------------

Market Close Report

3.3oPM: Nifty futures closed the day at 4797, up 26 points, after touching a low of 4755 & a high of 4834.

--------------------------------------------------------

NIFTY OUTLOOK

Nifty had a gap up opening today, but traded volatile within a small range, and closed the day with gains for the third day, at 4796, up 30 points. FIIs net bought 587cr & DIIs net bought 236cr. Nifty is now near its short term resistance of 4880, and a steep fall from the current level looks imminent.
Nifty Levels for 09.11.09 Monday are: PIVOT 4799, R1 4833 & R2 4870, S1 4762 & S2 4728.

DAILY REPORT ON NIFTY BY kadiyali - 05.11.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4690 against its previous close of 4705, and is currently trading at 4653. It has so far recorded a HIGH of 4693 & a LOW of 4625. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4560-4700.

--------------------------------------------------------

Nifty SMS Group Trades

1. Total Trades:               4

2. Winning Trades:          2

3. Losing Trades:             2

4. Points Gained:            36*

5. Points Lost:                 58

6. Net Gain:                   - 22

7. Month Target:           400

* includes today's gain of 3 points.

--------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4777, up 72 points, after touching a low of 4600 & a high of 4785.

--------------------------------------------------------

NIFTY OUTLOOK

Nifty had a volatile session today, falling by almost 100 points in the morning session, only to recover from day's low by more than 160 points, and closed the day at 4766, up 55 points. FIIs net bought 127cr & DIIs net bought 200cr. Nifty's wider range volatality for the last 3 days indicates the strong possibility of a BIG upmove or a BIG downmove, and lack of positive trigger should only lead to a big downmove from here.
Nifty levels for 06.11.09 Friday are: PIVOT 4717, R1 4824 & R2 4883, S1 4569 & S2 4552.

DAILY REPORT ON NIFTY BY kadiyali - 04.11.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4585 against its previous close of 4559, and is now trading at 4650. It has so far recorded a HIGH of 4659 & a LOW of 4581. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 4580-4690.

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Nifty SMS Group Trades

1. Total Trades:               3

2. Winning Trades:          1

3. Losing Trades:             2

4. Points Gained:            33

5. Points Lost:                  58

6. Net Gain:                      - 25

7. Month Target:            400

-------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4711, up 152 points, after touching a low of 4581 & a high of 4711.

-------------------------------------------------------

NIFTY OUTLOOK

Nifty put a break to its 6-days' losing streak today, and recovered smartly aided by short coverings, to end the day at 4711, up 147 points. FIIs net bought 234cr & DIIs net bought 557cr. Nifty may rise for one more day before bears resume their onslaught at higher levels.
Nifty levels for 05.11.09 Thursday are: PIVOT 4664, R1 4764 & R2 4817, S1 4611 & S2 4512.

DAILY REPORT ON NIFTY BY kadiyali - 03.11.09 (Tuesday)

Nifty 11AM Call

11AM: Nifty opened today in negative with a negative gap of 40 points, but recovered the entire gap in one hour, and is trading now at 4714, up just 3 points. It has so far recorded a HIGH of 4717 & a LOW of 4670. Asian cues are negative, US futures are in green, and European market may open in positive today. Nifty will trade in negative today for the first 2 hours of trade, and will get into positive thereafter, and will close the day in positive in the range of 4740-4760. The trading range for Nifty Futures today is likely to be 4650-4770.

------------------------------------------------------

Nifty SMS Group Trades

1. Total  Trades:           2

2. Winning Trades:       1

3. Losing Trades:           1

4. Points Gained:         33*

5. Points Lost:              29*

6. Net Gain:                    4

7. Month Target:        400

* includes gain of 33 points & loss of 29 points in 2 trades today.

---------------------------------------------------

Market Close Report

3.30PM: Nifty closed the day at 4564, down 148 points, after touching a low of 4538 & a high of 4729. Nifty futures closed the day at 4536, down 171 points, after touching a low of 4531 & a high of 4734.

----------------------------------------------------

NIFTY OUTLOOK

Nifty saw a total sell off today due to continuing bear hammering, fell almost 200 points from day's high, and closed the day in negative for the 6th consecutive days,  at 4564, down 147 points. FIIs net sold 874cr & DIIs net bought 752cr. By closing below 4600 today, nifty completed its downward target of 4600 given by me last week, and is now on its way to its next target of 4200.
Nifty levels for 04.11.09 Wednesday are: PIVOT 4611, R1 4683 & R2 4802, S1 4491 & S2 4419.

DAILY REPORT ON NIFTY BY kadiyali - 30.10.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4845 against its previous close of 4774, and is currently trading at 4838. It has so far recorded a HIGH of 4862 & a LOW of 4821. Asian cues are positive, US futures are just flat, and European markets may open positive today. Nifty will have a bullish trade today & will close the day in positive but the last one hour of trade may see nifty losing 50 point from day's high. The trading range for NF today is likely to be 4820-4890.

-----------------------------------------------------------

Nifty SMS Group Trades

1. Total Trades:               16  

2. Winning Trades:           9 

3. Losing Trades:              7

4. Points Gained:          279

5. Points Lost:              165*

6. Net Gain:                  114 

7. Month Target:         200

*includes today's loss of 14 points.

---------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4695, down 79 points, after touching a low of 4692 & a high of 4862.

---------------------------------------------------------

NIFTY OUTLOOK

Nifty had a gap up opening due to positive global cues, but lost all the gap within 3 hours of trade, and bearishly closed the day at 4711, down 39 points. FIIs net bought 576cr & DIIs net bought 593cr. Nifty now is looking desparately for some support, as all the known solid supports have fallen to bears' onslaught.
Nifty levels for 03.11.09 Tuesday are: PIVOT 4751, R1 4814 & R2 4917, S1 4648 & S2 4585.

DAILY REPORT ON NIFTY BY kadiyali - 29.10.09(Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4769 against its previous close of 4826, and is currently trading at 4783. It has so far recorded a HIGH of 4790 & a LOW of 4756. Asian cues are negative, but US futures are in green, and European markets may open today in negative.  The trading range for NF today is likely to be 4680-4810.

-------------------------------------------------------

Nifty SMS Group Trades

1. Total Trades:              15  

2. Winning Trades:          9 

3. Losing Trades:             6

4. Points Gained:         279

5. Points Lost:              151*

6. Net Gain:                  128 

7. Month Target:         200

*includes today's loss of 33 poits.

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Market Close Report

3.30PM: Nifty futures closed this last day of Oct expiry on a negative note at 4750, down 76 points, after touching a low of 4747 & a high of 4826.

---------------------------------------------------------

NIFTY OUTLOOK

Nifty traded with volatality today being the last day of Oct expiry, and closed the day in negative for the fourth day in succession, at 4750, down 76 points. FIIs net sold a record 2546cr, remaining net sellers for the last 7 days, and DIIs net bought 977cr. The bear hug of nifty is now total, and a near term target of 4600 looks easy for nifty with a possibility of continuation of this downturn even till 4100.
Nifty levels for 30.10.09 Friday are: PIVOT 4772, R1 4805 & R2 4859, S1 4717 & S2 4684.

DAILY REPORT ON NIFTY BY kadiyali - 28.10.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4823 against its previous close of 4848, and is currently trading at 4828. It has so far recorded a HIGH of 4832 & a LOW of 4792. Asian cues are negative, US futures are in red, and European markets may open today in negative. Nifty will have a volatile trade today in view of nearness of expiry, but within a small range, with a strong possibility of smart bounce back from day's low. The trading range for NF today is likely to be 4770-4860.

-----------------------------------------------------------

Nifty SMS Group Trades

1. Total Trades:              14  

2. Winning Trades:          9 

3. Losing Trades:             5

4. Points Gained:         279*

5. Points Lost:              118

6. Net Gain:                  161 

7. Month Target:         200

*includes today's gain of 52 points.

Note: Nifty SMS Group is a Paid Service. Those who want to join may email us to fiftypointsaday@rediffmail.com

---------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4832, down 16 points, after touching a low of 4792 & a high of 4867.

---------------------------------------------------------

NIFTY OUTLOOK

Nifty continued its downward journey for the third day in a row to drop below 4800 briefly, and with the help of a fake support at 4780 level, recovered above 4800 & closed the day at 4826, down 21 points. FIIs net sold 723cr & DIIs net bought 896cr. Bears are now firmly under control & beware of fake support provided to nifty at support levels and fake break outs at resitances, to lure more longs into the system.
Nifty levels for 29.10.09 Thursday are: PIVOT 4826, R1 4867 & R2 4909, S1 4784 & S2 4743. 

DAILY REPORT ON NIFTY BY kadiyali - 27.10.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4960 against its previous close of 4978, and is currently trading at 4942. It has so far recorded a HIGH of 4960 & a LOW of 4932. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4880-4960.

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Nifty SMS Group Trades

1. Total Trades:               13 

2. Winning Trades:           8 

3. Losing Trades:              5

4. Points Gained:           227*

5. Points Lost:                118

6. Net Gain:                     109 

7. Month Target:            200

*includes today's gain of 50 points.

---------------------------------------------------------

Market Close Report

3.30PM: Nifty futures closed the day at 4842, down 136 points, after touching a low of 4838 & a high of 4964.

---------------------------------------------------------

NIFTY OUTLOOK

After two hours of fake support received by Nifty at its strong support level of 4920, Nifty ultimately succumbed to bear pressure, fell below the support & saw a sell off today, to close the day at 4847, down 124 points. FIIs net sold 548 cr & DIIs net bought 141 cr. As nifty has lost almost 300 points in the last 7 trading days, a minor bounce back is not ruled out for the next 2 days, after which the downward trend is likely to resume.
Nifty levels for 28.10.09 Wednesday are: PIVOT 4882, R1 4935 & R2 5023, S1 4794 & S2 4741.

DAILY REPORT ON NIFTY BY kadiyali - 26.10.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4999 against its previous close of 5007, and is currently trading at 4978. It has so far recorded a HIGH of 5016 & a LOW of 4967. Asian cues are positive, US futures are in green, and European markets may open slightly positive today. The trading range for NF today is likely to be 4940-5030.

-----------------------------------------------------------

Nifty SMS Group Trades

1. Total Trades:                 12 

2. Winning Trades:             7 

3. Losing Trades:                5

4. Points Gained:            177

5. Points Lost:                  118 *

6. Net Gain:                        59 

7. Month Target:             200

*includes today's loss of 31 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4971, down 36 points, after touching a low of 4965 & a high of 5042.

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NIFTY OUTLOOK

Nifty had a volatile trading today gaining almost 70 points from morning lows, but losing similar points from day's high to close the day at near low at 4971, down 26 points. FIIs net sold 3cr & DIIs net sold 171cr. As Q2 results declared so far have confirmed nifty having rallied beyond its intrinsic valuation, nifty will see gradual sell off in the days to come. A target of 4700 looks very certain within the next 10-15 trading days.
Nifty levels for 27.10.09 Tuesday are: PIVOT 4989, R1 5016 & R2 5061, S1 4944 & S2 4916. 

DAILY REPORT ON NIFTY BY kadiyali - 23.10.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5046 against its previous close of 4997, and is currently trading at 5034. It has so far recorded a HIGH of 5049 & a LOW of 5030. Asian cues are positive, US futures are in green, and European markets may open in positive today after yesterday's 3 digit gains of Wall Street. Nifty having opened gap up may give up major portion of the gap in the first half of the session, but may recover smartly in the second half to post a handsome gain for the day. The trading range for NF today is likely to be 5010-5080. 

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Nifty SMS Group Record

1. Total Trades:              11 

2. Winning Trades:          7 

3. Losing Trades:             4

4. Points Gained:           177

5. Points Lost:                 87 *

6. Net Gain:                     90 

7. Month Target:          200

*includes today's loss of 30 points in 12.06PM sms trade.

-------------------------------------------------------

Market Closing Report

3.30PM: Nifty futures closed the day at 5007, up 9 points, after touching a low of 4987 & a high of 5053.

DAILY REPORT ON NIFTY BY kadiyali - 22.10.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5053 against its previous close of 5070, and is currently trading at 5050. It has so far recorded a HIGH of 5056 & a LOW of 5032. Asian cues are negative, US futures are just flat, and European markets may open in negative today. The trading range for NF today is likely to be 4990-5080.

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NIFTY SMS GROUP RECORD

1. Total Trades:                         10 

2. Winning Trades:                      7 

3. Losing Trades:                         3

4. Points Gained:                     177

5. Points Lost:                           57 

6. Net Gain:                              120* 

7. Month Target:                   200

* includes today's gain of 60 points in 12.20PM sms trade.

---------------------------------------------------------

Market Closing Report

3.30PM: Nifty futures closed the day at 5002, down 68 points, after touching a low of 4972 & a high of 5067.

---------------------------------------------------------

NIFTY OUTLOOK

Nifty traded in negative for the third day in a row today, and closed at 4989, down 75 points. FIIs net sold 499cr & DIIs net sold 18cr. Last 2 days' trades confirm nifty has fallen into Sell on Rise zone, and nifty is likely to breach its strong support of 4920 in a few days.
Nifty levels for 22.10.09 Friday are: PIVOT 5007, R1 5046 & R2 5103, S1 4950 & S2 4911.

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ANNOUNCEMENT

Fiftypointsaday is pleased to announce starting of BANK NIFTY SMS GROUP for giving sms trading calls to trade in Bank Nifty. The per lot (50) margin required for trading in Bank Nifty is 50K appx, and our projected return for a month is 20K. This will be our third PAID SERVICE with one time Membership Fee & monthly Subscription Fee. 

Before we start this group, we will be sending FREE sms calls to only those interested members of our Options Blog & Nifty SMS Group for a period of 15 trading days. The result of the daily trades will also be displayed in this blog just like we have been displaying the result of Nifty SMS Group. After completion of 15 trading calls, we will announce the details of the proposed Bank Nifty SMS Group with full details of membership fee & subscription fee. The existing members of our Options Blog & Nifty SMS Group will get concessions in membership/subscription fee in Bank Nifty Group.

We request those of our Options Blog & Nifty SMS Group Members who are interested to receive our sms calls to trade in Bank Nifty, to email to fiftypointsaday@rediffmail.com, giving their names, place of stay & mobile nos.

DAILY REPORT ON NIFTY BY kadiyali - 21.10.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5107 against its previous close of 5104, and is currently trading at 5109. It has so far recorded a HIGH of 5122 & a LOW of 5086. Asian cues are negative, US futures are just flat, and European markets may also open flat today. Nifty will trade both in negative & positive alternatively for the first half of the session, but will recover decisively into positive in the second half, and close the day in positive but all in a range bound trade. The trading range for NF today is likely to be 5080-5150.

---------------------------------------------------------

Nifty SMS Group Record

1. Total Trades:                  9 

2. Winning Trades:            6 

3. Losing Trades:               3

4. Points Gained:            117*

5. Points Lost:                   57 

6. Net Gain:                       60 

7. Month Target:            200

*includes today's gain of 17 points in  trade as per 11.44AM sms.

----------------------------------------------------------

Market Closing Report

3.30PM: Nifty futures closed the day at 5068, down 36 points, after touching a low of 5058 & a high of 5122.

----------------------------------------------------------

NIFTY OUTLOOK

Nifty continued to drift lower for the second day today, trading most of the times in negative, and closing the day in negative at 5064, down 51 points. FIIs net sold 512cr & DIIs net sold 291cr. Nifty seems to have fallen into bears' grip, and is likely to become sell on rise shortly.
Nifty levels for 22.10.09 Thursday are: PIVOT 5078, R1 5103 & R2 5143, S1 5038 & S2 5012.

----------------------------------------------------------

ANNOUNCEMENT

Fiftypointsaday is pleased to announce starting of  BANK NIFTY SMS GROUP for giving sms trading calls to trade in Bank Nifty. The per lot (50) margin required for trading in Bank Nifty is 50K appx, and our projected return for a month is 20K. This will be our third PAID SERVICE with one time Membership Fee & monthly Subscription Fee.

Before we start this group, we will be sending FREE sms calls to only those interested members of our Options Blog & Nifty SMS Group for a period of 15 trading days. The result of the daily trades will also be displayed in this blog just like we have been displaying the result of Nifty SMS Group. After completion of 15 trading calls, we will announce the details of the proposed Bank Nifty SMS Group with full details of membership fee & subscription fee. The existing members of our Options Blog & Nifty SMS Group will get concessions in membership/subscription fee in Bank Nifty Group.

We request those of our Options Blog & Nifty SMS Group Members who are interested to receive our sms calls to trade in Bank Nifty, to send email to fiftypointsaday@rediffmail.com, giving their names, place of stay & mobile numbers. 

DAILY REPORT ON NIFTY BY kadiyali - 20.10.09 (Tuesday)

Nifty Futures 11AM Report

11AM: Nifty Futures opened today at 5162 against its previous close of 5125, and is currently trading at 5139. It has so far recorded a HIGH of 5168 & a LOW of 5136. Asian cues are positive, US futures are in green, and European markets may open little changed today. Nifty may trade range bound for first half of the session, trading just above & below the previous close alternatively, and will get into negative in the second half, and close the day in negative. The trading range for NF today is likely to be 5080-5170.

------------------------------------------------------

NIFTY SMS GROUP RECORD

1. Total Trades:                         8

2. Winning Trades:                   5 

3. Losing Trades:                      3

4. Points Gained:                    100* 

5. Points Lost:                         57 

6. Net Gain:                             43 

7. Month Target:                 200

*includes today's gain of 50 points in trade  as per 12.24PM sms.

-----------------------------------------------------

Market Closing Report

3.30PM: Nifty futures closed the day at 5106, down 19 points, after touching a low of 5091 & a high of 5168.

-----------------------------------------------------

NIFTY OUTLOOK

Starting the day with a positive note, Nifty faced resistance at higher levels, and closed the day in negative at 5115, down 27 points. FIIs net bought 276cr & DIIs net sold 141cr. Nifty is likely to fall into bears' grip soon, now that Diwali celebrations are over.
Nifty levels for 21.10.09 Wednesday are: PIVOT 5133, R1 5163 & R2 5212, S1 5084 & S2 5054.

HAPPY DIWALI!

FIFTYPOINTSADAY wishes all its visitors, readers & members of all our blogs fiftypointsaday.blogspot.com, kadiyalioptions.blogspot.com & stockportfolios.blogspot.com:

A HAPPY DIWALI

As we are closed for the festival for 4 days from 16.10.09 to 19.10.09, there will not be any posts on 16.10.09.

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ANNOUNCEMENT

Kadiyali Options Blog is a paid service for which the maximum possible membership is 100, and the blog is now full. However we are receiving continuous enquiries from interested readers requesting us to provide membership. Keeping in view the demand, we have arranged 5 slots in the said blog getting it back from the slots earlier allotted to our associates. Now this 5 slots are available on first come first served basis, subject to the following terms:

1. Membership fee (one time) is Rs 3000 and Subscription fee (monthly) is Rs 1500. To become a member, one has to pay upfront Rs 4500, being the one time membership fee + one month subscription, and after end of one month, the subscription will be renewed on payment of monthly subscription fee of Rs 1500. Membership fee/subscription fee once paid is not refundable under any circumstances.

2. Those who take up these 5 slots by paying Rs 4500 on or before 22.10.09, will be given additional validity upto 31.12.09, which means the monthly subscription fee will start only for the month of January 2010 onwards.

Those who are interested in taking up the above now available 5 slots may email to fiftypointsaday@rediffmail.com early.

DAILY REPORT ON NIFTY BY kadiyali - 15.10.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5144 against its previous close of 5114, and is currently trading at 5104. It has so far recorded a HIGH of 5144 & a LOW of 5098. Asian cues are positive, US futues are flat, and European markets may open in positive today. Nifty will be trading most of the times today in negative, and close the day in negative. The trading range for NF today is likely to be 5040-5160.

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NIFTY SMS GROUP RECORD

1. Total Trades:                          7 

2. Winning Trades:                    4 

3. Losing Trades:                       3

4. Points Gained:                     50* 

5. Points Lost:                          57 

6. Net Gain:                             - 7 

7. Month Target:                     200

*includes today's gain of 3 points. 

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Market Closing Report

3.30PM: Nifty futures closed the day at 5112, down just 2 points, after touching a high of 5144 & a low of 5067.