Tuesday, August 4, 2009

DAILY REPORT ON NIFTY BY kadiyali - 04.08.09 (Tuesday)

Nifty Futures Morning Call

11AM...Nifty Futures opened today at 4709 against its previous close of 4670, and is currently trading at 4676. It has so far recorded a HIGH of 4709 & a LOW of 4670. Asian cues are positive, US futures are in red, and European markets may open flat today. Nifty will trade today RANGEBOUND, and end the day in negative with minor loss. NF is likely to trade in the range of 4620-4710 today.

Market Closing Report

Nifty futures closed the day at 4676, down 38 points, after touching a high of 4715 & a low of 4635.

NIFTY OUTLOOK

Nifty, after last 3 days of surge,  traded rangebound today & finally closed the day at 4680, down 31 points. FIIs net bought 219cr & DIIs net bought 253cr. Nifty is now all set to convincingly surge beyond 4700, after which short covering will aid further rise of nifty.

Nifty levels for 04.08.09 Wednesday are: PIVOT 4685, R1 4727 & R2 4774, S1 4638 & S2 4596.

53 comments:

  1. Dear Sir,

    I thx you for the invitation sent to me,I will be sending you the details and will be completing other formalities.

    Request you to kindly inform if there is ny chage in postion regarding the 4900CE.

    ReplyDelete
  2. so,today can we expect CE4900 again below 65?
    in that case is it advisable to accumulate?
    Thanks
    Raj

    ReplyDelete
  3. Dear Kadiyali,
    as given the range of 4620-4710, the 4900CE may not be reaching 135/-. Should one hold it for next day or book whatever profit is there ?
    Please Advice.

    Also if one is to book profit here ? Do one buy the put call as referred by you in yesterday's report ?

    Please reply

    regards,

    ReplyDelete
  4. sir,

    can we short nifty at 4710, I have shorted nifty at 4572, do you advice to exit or hold.

    thanks
    sree.

    ReplyDelete
  5. Booked profit on my 4900CE at 80/-(Bought at 72.5/- yesterday).

    Planing to enter 4600PE if it comes below 120/-.
    Thanks,
    Ramesh.

    ReplyDelete
  6. Dear Kadiyali Sir,

    I had requested for invitation to join your option blog,looking forward to receiving invitation from you on the same

    Thanking you

    With best regards

    Jittery

    ReplyDelete
  7. sree, you can exit your NF short taken at 4572 if you get a level just below 4600, go long if NF goes further below your exit price, and think of going short above 4700 only after doing the first two.

    ReplyDelete
  8. pls sir give me access of option blog

    ReplyDelete
  9. Dear Kadiyali Sir,

    Thanks for the invitation sent to me. I have sent my detail. Waiting for next communication.

    Regards
    Arvind Katyal

    ReplyDelete
  10. ramesh, trend for this week is bullish. If you buy 4600PE today taking advantage of slight negative trend of the day, you may see the value of your 4600PE getting halved before it can really start going up. Today 4900CE may again come below 65, which will give opportunity for all those who missed it yesterday.

    ReplyDelete
  11. Thanks sir,

    I exited 4900CE at 80 and will take position on that again today its self when it comes down to 60 level.

    I was planing to take 4600PE for intraday.

    Thanks,
    Ramesh.

    ReplyDelete
  12. Dear Kadiyali Sir,

    had take 4900 CE at 67 and exited yesterday at 96 planning to buy today if it falls below 65 again
    thanks and best regards

    Jittery

    ReplyDelete
  13. Kadiyali ji,
    Today morning i bought 4900ce@80. And after seeing your post i sold at 84. I will buy it again if it available at 65. am i doing good?

    Regards,
    Srini

    ReplyDelete
  14. sir,

    shall we book profit in 4900 ce, and buy back at lower levels, your advice please

    ReplyDelete
  15. Those who have bought 4900CE below 65 can hold, and those who have bought above 70 can book their profits at current rate of 87, and take a chance to get it lower again.

    ReplyDelete
  16. Kadialiji,namaste,
    Today i had take 4900ce@80.50 and as directed by you sold the same at @85.50 and taken position to buy below @65 also i shall try to sell my short @4570 near to 4600.
    Hope i get chance to execute today.
    Regards
    sanjiv

    ReplyDelete
  17. Kadiyali sir, can we go for a short as you are expecting Nifty to touch as low as 4610. Plz advice

    ReplyDelete
  18. Sathish, if I expect a trading range of 4620-4710, the weekly trend being bullish, once should think of waiting for that low of 4620 to go long, rather than going short at 4700 for a fall upto 4620. Yes one can go short above 4700 but the gain if at all will be tideous, whereas going long at 4620 or below will give quick gain.

    ReplyDelete
  19. Dear kadiyali,

    thanks for the reply, now nifty at 4694 hope nifty comes just below 4600 to exit my shorts and go long and hope 4600 comes once before 4900. thanks

    ReplyDelete
  20. Dear Kadiyali Sir,

    According to me option requires a lot of patience and continuous monitoring of the premium, one wrong entry and the entire premium is wiped off therefore one should to very aware in booking profit to minimise loss. I think everybody should first try to minimise loss then go for profit.

    Thanks

    with best regards

    Jittery

    ReplyDelete
  21. jittery, in my first weekly report after starting this blog on 11th July Saturday, I had recommended 4200CE below 40 without specifying any target. It slipped below 40 even upto 32. Many might have bought & sold around 150-170, but ultimately it went beyond 400. So it is always better to buy in minimum 2 lots, get out of one lot to recover the total investment when it doubles, and then ride on the free lot. Recovery of capital should be first aim, and then only we should think of PROFITS UNLIMITED.

    ReplyDelete
  22. Thanks for the reply sir. I have always seen that you give call only when you are 100% sure of the same being achieved.As directed i am waiting patiently for the premium of 4900 CE to fall below 65

    with best regards

    Jittery

    ReplyDelete
  23. Dear Sir,
    I am stuck with 100 shares of KFA @ 60/=. Your advice needed , what to do?

    ReplyDelete
  24. Kadyaliji,
    Surprisingly my order for 4900ce @55 2lots did not materialised now low is 27 and high is 180,please guide.
    regards
    sanjiv

    ReplyDelete
  25. kadyaliji
    sorry the above happening is of minifty options 4900ce but i placed order in nifty.
    regards
    sanjiv

    ReplyDelete
  26. Sanjiv,

    Something is wrong. 4900CE low till now is 66 and not55 and high is 90. Pl check

    ReplyDelete
  27. Dear Kadiyali,

    Have sent a request for your options blog, hope the vacanies arent full.

    Still stuck with SBI PA but not much loss in it, waiting to get 4900ce below 65. Have placed an order but it went back from 66 to 70.

    Thanks
    Rajat

    ReplyDelete
  28. Sold my 2 lots of 4600PE at 140/- (bought at 124/- today morning)

    Now i placed order for 2 lots of 4900CE at 60/-

    Thanks,
    Ramesh.

    ReplyDelete
  29. Dear Sir,

    Bought one lot 4900 CE @68, Placed order for one more lot @ 60.10

    Thanks

    with best regards
    Jittery

    ReplyDelete
  30. We will get 4900CE well below 65 today towards closing.

    ReplyDelete
  31. Dear kadiyali Sir,
    Now i don't have any open position.
    Would like to take position on 4900CE at market price at 3:25 if my order does not execute at 60 level.

    I need your pre-close report based on that i will to take today at market price or tomorrow morning.

    Thanks,
    Ramesh.

    ReplyDelete
  32. Ramesh, tomorrow morning we may get 4900CE chaper than today' close. Unless we get today nearer to 60, it is better to buy tomorrow morning.

    ReplyDelete
  33. cancelled order of 4900 ce at 65, thank you sir

    ReplyDelete
  34. Thanks sir,
    Just placed order to buy 2 lots at 60/- if it executes then okay or else i will buy tomorrow.

    Thanks,
    Ramesh.

    ReplyDelete
  35. Kadiyaliji,
    I had placed order for 4900CE@55?is it ok.
    regards
    sanjiv

    ReplyDelete
  36. kadiyali sir,
    I shorted nifty at 4655. Can i hold it for tomorrow? if possible share your thought on this.

    Thanks,
    Pariksith

    ReplyDelete
  37. arun, I am not in favour of any overnight position in nifty futures - either short or long.

    ReplyDelete
  38. Sir

    Nifty CE4900 @78, Nifty CE4900 please come below 65

    ReplyDelete
  39. Bannerjee, that is why I had told in the morning those who have bought below 65 should hold, and those who bought above 70 only should book profit & wait for a lower level.

    ReplyDelete
  40. Kadialiji,
    Now i shall buy 4900CE=2lots tommorrow morning as per your guidance.But please also advise at what rate i should place order tommorow morning.
    regards
    sanjiv

    ReplyDelete
  41. Those who went short in the morning had a tideous earning. I went short at 4702, went for lunch, came back & closed at 4650. Just see those who went long at 4640, how fast they got that 50 points.

    ReplyDelete
  42. Sir,

    Yes I can understand very well now, yesterday I purchased at 65 and today sold at 87, had wish to get it again at 65, but missed by 1.30 point, hope to get it tomorrow morning around 60

    Regards
    Bachhu

    ReplyDelete
  43. Sir,

    This is not fare, you are only having the NF lunch alone, please share with us.

    Regards
    Bachhu

    ReplyDelete
  44. Dear Kadiyali,

    Iwent outside the town till noon...so sent the required info little late. Hope there will be still space for me.so please send me the other details.
    Thanks.
    Nitin024

    ReplyDelete
  45. Kadiyali sir,
    Just now I saw your message saying "I went short at 4702". Usually you used to share with us while you are going for future calls, is there any change in that approach now a days. Kindly let me know

    Thanks,
    Pariksith

    ReplyDelete
  46. arun, it is not necessary that I should trade on all the calls which I give, and similarly it is not necessary that I should give call for all the trades I do. Whenever I give a call I give it only if in my opinion it is safe to give the call. But as per the feedback I have received, many people are taking NF trades based on my 11AM report, and they say they are fairly successful in earning profits.

    ReplyDelete
  47. thanks for the clarification kadiyali sir. Only If possible in the future, please share some of the calls that would be much helpful for a beginner like me.

    Thanks,
    Arun

    ReplyDelete
  48. Kadiyali Sir,

    I am new to option trading and follow your calls only and have been benefitted to some extent. I have also send a request to your email ID fiftypointsaday for membership of your proposed option blog. So far i have not received any invitation to join the same.
    Please be kind in including me for the membership.

    with best regards

    Jittery

    ReplyDelete
  49. Dear Kadiyali..

    Read your Nifty Outlook for tomorrow.. Are you expecting similar Volatility tomorrow also??

    with a down open, while Nifty surges past 4700 to buy our 4900CE below 65/60

    If we get 4900CE below 60 in the early trade before ur 11am report.. shd be grab? shd we aim to get below 65 or 60 or 55?

    your views about Nifty volatility please, as DOW is near flat now?

    Sreeram

    ReplyDelete
  50. Dear kadiyali sir
    Thanks for your information in option calls.and also the advise for safe calls.If you could share the other NIFTY short or long calls it will be beneficial to small traders.If you thing the nifty calls are not fully sure calls , you can give it with a risk note on those calls.
    Thanks! god bless you!!
    Annamalai.T

    ReplyDelete
  51. Dear kadiyali sir,

    I have sent request and required info for your new option blog. please add me, sir.

    thnx,
    Pradeep

    ReplyDelete