Nifty Futures Morning Call
11AM...Nifty Futures opened today again gap up at 4285 against its previous close of 4236, and is currently trading at 4260. It has so far recorded a HIGH of 4291 & a LOW of 4247. Asian cues are positive, but US futures are in red after massive gains in their index yesterday, and European markets may open steady or flat. Huge volatility is on the cards today. Nifty may trade in green in the morning session & in red in the afternoon session, and may close the day near flat. NF is likely to trade in the range of 4170 - 4300 today.
Nifty Futures Closing Report
As indicated in my 11AM report above, nifty traded both in green & red alternatively, and closed the day just flat at 4231, down 2 points. Nifty futures closed the day at 4230, down 6 points, with 4194 as the low of the day & 4291 as the high, almost in the range of 4170-4300 indicated above.
NIFTY OUTLOOK
Nifty opened today with a positive gap, traded with high volatality throughout the day, trading in both green & red alternatively, finally closing the day just flat at 4231, down 2 points. FIIs net bought 32cr & DIIs net sold 35cr. Nifty has now touched the top of its current trading range of 3900-4300, and it is more than likely that we will see nifty drifting towards 4000 in the days to come.
Nifty levels for 17.07.09 Friday are: PIVOT 4247, R1 4289 & R2 4346, S1 4190 & S2 4148.
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Dear Kadiyali: Thanks for posting your message in your blog. Will you also post your intra day tips in your blog so that it will be easy to track it. In MMB it takes some time for posting. Kindly reply. thanks & regards. Sundaram
ReplyDeleteYes Kadiyali.. i think you shd start using this blog to give most timely msgs to ur followers to take a position in day trading for the 50points profits sir..
ReplyDelete@MMB its taking nearly 5-7mins to get updated.. it is actually not soloving our purpose sir..
hope you will think over this and take right decision..
MBB
Sir,
ReplyDeleteIs it advisable to buy 4000 put option with only 10 trading days left?
Also, as MMB takes more than 10 minutes to display the posted message, you can better use this blog to display your valuable suggestions instantly during trade hours.
Regards.
Srinivas
hello sir,
ReplyDeletewhat are your expected levels of nifty for this month expiry..???
regards,
anmol
Dear Kadiyaliji,
ReplyDeleteToday we missed your valuable comments on the market. Hope, everything is fine with you.
Regards.
Srinivas
Dear Srinivas,
ReplyDeleteMy internet connection got disconnected due to jamming of wires & interchange of phone numbers in Airtel office, which will be corrected only by 9AM tomorrow. Rgrds.