Nifty Futures Morning Call
11AM...Nifty Futures opened today at 4455 against its previous close of 4405, and is currently trading at 4496. It has so far recorded a high of 4512 & a low of 4455. Asian cues are positive, US futures are in positive, and European markets may open steady today. Nifty will trade today in green for most part of the day posting good gains, may lose most of the gains by the end, and may close either flat or with minor gains. NF is likely trade in the range of 4390 - 4530.
Market Closing Report
3.30PM...Nifty futures closed the day at 4539, up 134 points, after touching a high of 4547. The morning low of 4455 remained the low of the day.
NIFTY OUTLOOK
Nifty had a bullish trade today, opening with a positive gap & ending near the day's high, to close the day at 4523, up 124 points. FIIs net bought 512cr & DIIs net sold 34cr. Nifty is almost midway in its short term range of 4200-5000 & is nearing its strong resistance of 4560. Till nifty gets a close above 4560, bears have a chance to take it back to 4200, and once nifty gets a close above 4560, bulls will easily take nifty to 5000. Those who are heavily invested may utilise tomorrow's trade to sell 50% of the holdings so as to reduce the cost of balance 50%, so that they will be in win-win situation whichever way nifty moves from here.
Nifty levels for 24.07.09 Friday are: PIVOT 4487, R1 4569 & R2 4613, S1 4442 & S2 4360.
Hi Kadiyali,
ReplyDeletePlease suggest whether to enter in PUTS or not. If Yes then at what levels?
I follwed your yesterdays opinion and got benefitted. Thanks for all your help.
Himanshu
Dear Sir,
ReplyDeleteI am going to buy 4500PE @80/- and if it comes below 70 i will buy again for intraday only.
Thanks,
Ramesh.
Today i bought 2 lots of 4500PE @90 and 2 lots of 4400PE @52.50.
ReplyDeleteWill close today its self.
Thanks,
Ramesh.
This comment has been removed by the author.
ReplyDeleteDear Sir
ReplyDeleteCan i buy Aug CE 5000 when nifty @4200
regards
Hemant
Dear Kadiyali..
ReplyDeletei have 1lot NF shorted at 4400, yesterday becos of bad internet/icici hang i could not square off at 4385.. now in big loss...
Shd i hold it till tomorrow or book loss today at the end.. if it comes near to my price..
PLEASE suggest..
sir, shell i book loss on 4400 & 4500 PE bought today at 52.50 & 90 respectively?
ReplyDeleteThanks,
Ramesh.
Sir any chance now that nifty will drop to 4390 as u mentioned in ur daily report.. i am in loss of 140poitns sir..
ReplyDeleteDear Sir,
ReplyDeletetwo days back you have given a BTST call for BalajiTele, but it has gone down since then, what do we do now, do we have hold it for some time or we have tosquare it off with a minimal loss, incase of holding it, plz tell us approximately how lon we have to hold it.plz guide us.
Dear Kadiyali:
ReplyDeleteI think you shd guide ur followers in between once after u give ur daily nifty report; if not the purpose of this blog is defeated; no to offend you but a suggestion
Thank you
dear sir,
ReplyDeletekindly give intraday nifty futures tips it was very useful i have lost a huge amt of money in call and put i want to recover it back with ur guidence. pls help
Dear Kadyaliji,
ReplyDeletePlease give at least one call on nifty future daily for the benefit of your followers.Thanks
Booked loss on both 4400PE@52.50(Sold at 35) and 4500PE@77.5(Sold at 71).
ReplyDeleteThanks,
Ramesh.
Dear stockpick,
ReplyDeleteI give the 11AM report for people to read it, understand it, and once they are able to understand it, try to trade based on it. It is not humanly possible to keep guiding after the report is given. The purpose of this blog is to get benefit by reading what is written in the blog. So keep reading the blog, you will find the purpose of the blog getting served. Further I also do not reply any comments from members/visitors if the answer is already there either in my write ups or in my answers to some or the other comments. Rgrds.
Dear Kadiyali: HOpe you did not feel offended.. suggestions/critisizm is good for you also;
ReplyDeleteThanks for replying/commenting on my query; i kept my question with lot newbie's or zero-market knowledge followers in mind. who were used to ur calls on MMB as BUT xxxx SL yyyy Targ1 sss T2 lll.. i think becos news like brokerage institutes picking ur calls kept these newbies at loss.. i dont think they will have such huge intelligence to trade based on ur report..
I am not putting words in ur mouth... its just my opinion.. (not expecting reply)
hatsoff to your help to small investors.. tata..
Kadiyali Sir,. as mentioned before i am still holding the SHORTED NF 4400 with nearly 7000/- EDMOM loss ; based on ur report i thought nifty will comearound 4390 at the fag end of the day to get out but hardluck it kept going up..
ReplyDeleteIs it good to cover in losses tomorrow friday morning or better to wait till friday evening for proft booking down leg? but last friday there was no profit booking downleg..so i am worried sir
please kindly suggest me on this - i understand that you dont comment on questions but my case is huge loss sir hope u will take this into consideration to reply or advice..
i was stuck in this position becaos of my badluck internet n icicihanging..
Dear Kadiyali:
ReplyDeleteI think it is also defeating the TITLE of your blog, you shd change it to something else???
atleast one call a day shd do the needful, it is a request kadiyali
I would like to request all of you that it is next to impossible to spot the movement intraday in nifty.
ReplyDeleteBut Mr.Kadiyali evaluates various factors and tries his best to give the range of nifty.
And a loss of 10-15% in NF is very normal for intraday trade.My strategy is I go with Mr.kadiyali if his views matches my views,if on any day his and mine views are diff then I do not trade on that day.
Dear such is life,
ReplyDeleteI suggest every body to trade in NF only intraday, no overnight position, again with strict SL. One can definitely deviate from these rules, if he has accumulated good profits in day trading over a period of time. So till one gets good profit on hand, no overnight position, no position without loss.
Similarly, I dont suggest anybody to trade in options unless he has good amount of profits from NF trading on hand. Once we invest our money in options, we have to mentally book the loss the moment we buy the option. That is why I nowadays suggest only options below 40 or maximum below 60. In options, we have to buy below 40/60, sell above 90/120, and not the otherway round.
Further please note today I had given NF range as 4390 - 4530. Till even beyond 2PM, nifty remained in the morning range of 4455-4512, and it is only just before 2.30PM it broke out above 4500 again. Now if you think my low of 4390 would come for you to square up without much loss, should you also not think that my high of 4530 can also happen? One of my staff today took a SHORT at 4538 & has carried it overnight because he has already good profit on hand, he did not square it though he had got a level of 4526 after taking the position.
I feel you will get a chance to come out of your short taken at 4400 well before this expiry with a better result than what you face today evening. Rgrds.
Thanks Kadiyali,
ReplyDeleteVery nice of you to reply my query; n taking out your time for me;
i will learn from this mistake n never repeat it again, this would be a costly one so that i dont forget;
With DOW rallying today, i dont think i will get that chance tomorrow for sure;
Thanks again will look of your Daily report tomorrow
Today NIFTY open at 6,358.50 with the gain of +98.60 (1.58%) point. Please provide next target tips for this share price
ReplyDeletefree stock tips on mobile