Tuesday, August 11, 2009

DAILY REPORT ON NIFTY BY kadiyali - 11.08.09 (Tuesday)

Nifty Futures Morning Call

11AM...Nifty Futures opened today at 4408 against its previous close of 4425, and is currently trading at 4476. It has so far recorded a HIGH of 4480 & a LOW of 4398. Asian cues are positive, US futures are flat, and European markets may open today flat to slightly negative. Nifty having suffered losses for the last 3 trading sessions, will post gains today, and may close slightly above 4500. Trading range for NF is likely to be 4398-4520 today.

Market Close Report 

Nifty futures closed the day at 4468, up 43 points, after touching a high of 4515. Morning low of 4398 remained the low of the day.

NIFTY OUTLOOK

Nifty had a slightly bullish trade today but lost most of the gains towards the end, and closed the day at 4471, up 34 points. FIIs net sold 177cr & DIIs net bought 629cr. Nifty is presently caught in between a support of 4398 &  a resistance of 4510, closing the last 3 days within this band, and tomorrow's trade will prove crucial for its further direction.

30 comments:

  1. Dear Sir,

    Can I place a Buy for NF at 4405 SL 4380,Target 1 4450 and target 2 4499

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  2. Morning i have taken 2 lots of 4600CE at 68/- and sold same at 87.20/- and i was waiting your 11am reprt seems to be today your report delayed by 25 mins.

    before reading yur report again took 2 lots of 4400PE at 105/-. Shell come out now?
    Thanks,
    Ramesh.

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  3. Kadiyaliji,namste,
    As per your advice i am holding 4550minift=2lots long,& hedged with 4600ce=69-1lot,4700ce=57.5-1lot,4800ce=44.7-2lot,4900ce=31.8-4lot,sir what should be my action plan today if niftyfutures moves above 4500?.
    regards
    sanjiv

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  4. anurag, it seems Nifty is being played for a range of 4400-4700 for this August expiry, which means 4400 will be a support for this month. Having brought Nifty down all the way to 4400 from 4700+, now the market forces will try to take it back slowly to 4700. This is the time for buying some individual stocks for liquidating nearer to 4700.

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  5. Dear Sir,

    Then I shld go for Rcom buy in cash segment

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  6. sanjiv, hold all the longs patiently as nifty has just been recovering from a solid support base.

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  7. Kadialiji,
    Thanks for your prompt advice.
    regards
    sanjiv

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  8. Dear Kadiyali Sir,

    Any advise for shares in MMB please inform here also

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  9. Please adv on my holdings, i have

    5lots 4700 at 71
    8lots 4800 at 66
    12lots 4900 at 59

    and
    rcom 270 1lot calls at 11.85

    rcom 265.50 future 2 lots

    and 3 lots 4200puts at 72
    and 2 lots 4475 short

    thanks
    sree.

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  10. Dear Kadiyali,

    Kindly check your mail at gmail

    jksarkar

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  11. sree, avoid overtrading in huge quantity, unless you have made good profits in F&O in the recent past. The kind of trades you have taken should be done only after sitting on good profits. I would suggest trading in small lots, keep gaining, and then only increase the lots.

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  12. kadiyali sir,

    can we know which individual stocks to be bought to be liquidated near 4700, please give us few names of such scrips..
    regards
    bipin

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  13. Dear Sir,
    I have enrolled for your options blog. I am holding nifty 4900 ce at 88, 4800 ce at 35, rcom 270ce at 10.

    regards,
    haren

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  14. Acutally I have made huge huge loss in options in recent past and after burning my fingers I have reduced now a lot, just following your advice. Will try to reduce more and shall I buy 4600 calls to average my other calls please advice.

    thanks.

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  15. Bipin, you can buy Suzlon at 84 for a target of 95. After buying before reaching the target, if it comes down to 78, you can average.

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  16. Bipin, you can buy Colgate at 583 for a target of 650.

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  17. Sir,
    Can we hold following for tomorrow
    4900CE@85/- and 4800CE @ 50/-

    Regards,Arvind

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  18. arvind, 4400 is a solid support for nifty, but at the same time, till 4520 bears will dominate with sell on rise. We have to patiently wait for 4530 is taken out. Once that happens, journey to 4700 will be gradual from that level. Hold all longs, and if possible add longs in cash shares.

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  19. Sir,
    Can we buy 4200 put now at 38.60?? Nifty future at 4505..

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  20. Prabhanshu, in my opinion time to buy puts was above 4700 & time to buy calls is nearer to 4400. In fact, I had recommended my Option strategy of buying 4900CE below 65 for a target of 135, and to convert the profits into 4500PE only with the expectation that nifty will fall to a range of 4500-4600 after going nearer to 4800. Unfortunately nifty started falling clear 50-60 points from the top expected by me. Now only strategy is to remain in cash to the extent possible, use some cash for adding cash shares for a short term gain, hold on to whatever F&O long positions on hand, without adding any F&O shorts.

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  21. Sir,

    Nifty is showing high resistance above 4500.. Do you think it will cross 4530 or will tank down anytime...

    Thank you..

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  22. vinod, presently 4520 will be the level where market forces will take fresh shorts to cover the same around the support level of 4000. For nifty to make a U turn towards 4700 this barrier has to be broken first. Once that is done, 4650-4700 will only be the next barrier.

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  23. This comment has been removed by the author.

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  24. Sir,

    Waiting for your market closing report and Nifty outlook...

    Thanks..

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  25. This comment has been removed by the author.

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  26. Kadiyali Sir always updates mostly in time.
    lets give him some breather at times pls.
    Kudos to you sir. You are true gentleman !!!
    Not easy to guide people and answer their Qn's
    Much appreciated. Keep up the great work

    Cheers

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  27. I agree with family on Kadiyali sir's determination and its really difficuly to find a man like him in these trying times.. He is a boon to small investors like me...

    Thank you once again sir and hope that you will continue like this always...

    Thanks...

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  28. Dear kadiyali sir .Been following ur tips since last 6 months and i wish to thank u fr ur timely and logical advice.got 2 call aug 880of relcapital@ 35and suzlon sept call of 100@5.pl advice thanks and regards

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  29. kadyali sir i buy scrips which have announced bonous or splits.following this from many yrs and success rate is approx 90 percent and scrip appreciates by 30-40 percent before record date.Bougt shri astvinayak @627on 8 aug now quotting 670 and will touch 720 bfore its recordate on 21 aug for 10 to 1 split.pl advice however till date never made money in options,regads

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