Nifty Futures Morning Call
11AM...Nifty Futures opened today gap up at 4442 against its Friday's close of 4381, and is currently trading at 4433. It has so far recorded a HIGH of 4454 & a LOW of 4406. Asian cues are positive, US futures are also in positive, and European markets are likely to open in positive to continue their gains for the 6th trading session. Nifty is likely to trade in green all through the day & close the day in positive. NF trading will be rangebound one today with the trading range likely to be 4395 - 4475.
Trading Calls
12.03PM...BTST CALL: BUY Balaji Telefilms now at 48.40. Target 56 in 2 days.
Market Closing Report
Nifty futures closed the day at 4505, up 124 points, after touching a high of 4517. The morning low of 4406 remained the low of the day.
NIFTY OUTLOOK
Nifty continued its uptrend for yet another day today, opening the day with a decent positive gap, maintaining the bullish momentum till the very end of the trading session, and closing the day at 4502, up 127 points. FIIs net bought 563cr & DIIs net bought 151cr. Nifty now has made 4 centuries of daily gains in the last 6 trading days, added 500+ points in this period, filled the post budget fall comfortably in the process, and is now looking towards the target of 4700 to surpass the intraday high of 4693 recorded on 12th June.
Nifty levels for 21.07.09 Tuesday are: PIVOT 4463, R1 4549 & R2 4596, S1 4416 & S2 4331.
dear Kadiyaliji: It is nice to see your message here. I request you to simultaneously post here as well as MMB. This will benefit your blog followers. Thanks & regards.
ReplyDeleteSundaram
Sir,I've bought 100 shares of Balaji telefilms@48.50.Regards.
ReplyDeleteDear Kadiyali, bought 200 balaji @ 48.50. waiting for next call
ReplyDeletethanks
Dear Kadiyali Sir
ReplyDeleteI am just watching that after market rising in one direction u have stopped passing the message in MMB any how what is your stratgy in nifty closing in this series.
Arpit
Dear Kadiyalji, I am closely watching your msg every one hour. On Friday after it NF touched 4340 I have closed all position. with utter disbelief the mkt moving upward I have gone for short MINIFTY at 4383 and hoped Mon day mkt may correct. But to my loss mkt increased . Pl suggest me I can book loss and go for long on Tuesday
ReplyDeletesir i have 20 lots of 4200 puts @ 70 rs what i sud do u tell me please
ReplyDeleteDear Kadiyali,
ReplyDeleteI have purchased 200 Balaji telefilms @48.50 and another 100 @48.40, do you suggest to average or hold till the right moment
Today most accurate nifty tip.
ReplyDeleteBUY NIFTY FUTURES ABOVE 6390 TG-6405/6425/6450 SL-6360
share market basics for beginners