Friday, August 14, 2009

DAILY REPORT ON NIFTY BY kadiyali - 14.08.09 (Friday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4600 against its previus close of 4611, and is currently trading at 4587. It has so far recorded a HIGH of 4604 & a LOW of 4572. Asian cues are mixed, US futures are slightly in red, and European markets may open in positive today tracking Wall Street gains of yesterday. Nifty will trade today RANGEBOUND trading in both negative & positive zones alternatively with small loss/gain, and will ultimately close the day in positive with minor gains. The trading range for NF is likely to be 4560-4640.

Trading Calls

12.32PM...NF now at 4553. Go LONG. SL 4529. Target 4603.

1.01PM...NF now at 4578. Change the SL to BUY price + Brokerage, so that there is no loss in the above trade.

1.05PM...NF now at 4572. For those whose BUY price is above 4553, SL to be changed to 4554.

1.14PM...NF now at 4589. For those who have bought NF at higher than 4553, Target revised to BUY price + 50 points.

1.29PM...NF now at 4604. Target of my 12.32PM call is achived.

Market Closing Report

3.30PM...Nifty futures closed the day at 4561, down 50 points, after touching  a high of 4611 & a low of 4552.

NIFTY OUTLOOK

14.08.09: Nifty had a rangebound trade today as the buying power & selling pressure evenly matched after a steep surge for the last two days, and nifty ended the day at 4580, down 25 points. FIIs net sold 126cr & DIIs net bought 443cr. Nifty is likely to face some more selling pressure at higher levels in the days to come next week.
Nifty levels for 17.08.09 Monday are: PIVOT 4586, R1 4613 & R2 4646, S1 4553 & S2 4526.

IMPORTANT

Invitation to access Kadiyali Options Blog will be sent to all its members before 17.08.09.






54 comments:

  1. Kadiyali ji,
    Any options recommandation for today tradinng for 15-20 points margin?

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  2. hi, should i exit ril @70 1050 ca 2dy r wait..
    if ths s vrinda mam plz read d mail..

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  3. kadialiji,namaste,
    Today should i sell my longs 4540minift-2lots,4600ce@69-1lot,4700ce@57.50-1lot,4800ce@44.7-2lot,4900ce@31.8-4lot as nifty futures moves near to 4640?pls guide.
    regards
    sanjiv

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  4. Dear kadiyali sir .Been follwing ur logical and very carefull analysis since last 8-10 months.need ur advice on 3 puts 4700 aug month @185 and one relcap call of 900aug@35. In addition suzlon sep 100 call @5.Pl advice and regards

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  5. srini, not much of a movement is expected today as NF is likely to be rangebound throughout. If NF falls below its current low of 4572 within the next 10-15 minutes, you can go long for a 30-40 points gain.

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  6. Dear Sir
    Good Morning! Since you have informed that todays trade will end with small loss/gain-shall i come out of 4900 calls bought at 69& 4800 CE bought @54.Please advice

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  7. Hi Kadiyali,
    Any views on ICICI and UNITEC for intraday?
    Regarsd

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  8. Kadiyali sir,

    Do you recommend buying of nifty put of 4400 if nifty reaches below 4580?

    I am looking to hold it for next week...

    Thank you...

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  9. Hi,

    Brought 160PA of SAIL at 2.00, only one lot

    Thanks
    Bachhu

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  10. vinod, wait for 3-4 days for buying any puts. Nifty may consolidate in 4600-4700 range, and option premium can erode.

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  11. Dear Kadiyali Sir,

    i have CE4900 @ 88 of 1300, what should i do, need your advice.

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  12. Sir,

    is thr any effect of chaines market on our market. today down by 3%.

    what is your view

    regards
    Hemant H.

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  13. Mr.Kadiyali sir, in the last 15 minutes it has come donw by 20 points nearing around 4580. you suggested for long 30-40 points if it reaches 4572. How about the position now.

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  14. Sathish, avoid overtrading in future. Just wait patiently for 4900CE premium to recover above my recommended price of 65.

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  15. Hemant, the negative effect of monsoon failure, chines market bubble have all been discounted, and we have seen a dip of nifty even upto 4360. Now market may surprise everybody by taking out even 5000 before 15th Sept. An outside chance of that happening even in this expiry exisys, if 4725 is taken out successfully.

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  16. Kadiyali sir, It has touched the new low now at 4560, any chances of trading now

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  17. Thank you sir, i'll wait to happen as you adviced

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  18. Kadiyali Sir,

    Now that nifty is down at 4575, should we go long??

    Thank you..

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  19. Raman, see my 12.32PM call above.

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  20. Sir, Thanks gone long as suggested already

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  21. As I mentioned yesterday, Reliance is leading Nifty recovery/surge from the front. Already 30 points up from yesterday's close, though nifty is still in red.

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  22. hi..
    ril ca 2010 @ 70..nw @90 should i exit

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  23. manu, you can book your profits in RIL 2010CA once the current NF high of 4611 is broken.

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  24. Dear Kadiyali,

    Do you think that current high of Nifty spot will be taken out today? Maybe a rally sort of thing around 2:30?
    Holding NF at 4560, waiting to exit.
    Thanks
    Rajat

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  25. Kadyali sir, you are once again on target... Thank you very much!!

    Regards,

    Vinod

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  26. This comment has been removed by the author.

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  27. Sir,

    Any update on the RELCOM call of 270? I had bought it for 12, now at 9.. should i average or hold or exit...

    Thanks,

    vinod

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  28. Sir,
    Bought 2 lots of 4700CE@70,shall i exit today or hold for MON-TUESDAY.....

    Regards,Arvind

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  29. sir,
    how r u. can u guide us for the next nifty target.

    regards,
    param

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  30. Rajat, current high & low for NF is 4611 & 4552. Though I expected a rangebound day for NF throughout today, it cannot be such a small range of 59 points. So NF has the steam to definitely go beyond its current high of 4611, and can possibly touch even 4640, as mentioned in my 11AM report.

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  31. This comment has been removed by the author.

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  32. Kaidyali,

    Hmm, have placed a SL order at 4575, hope its no triggered. Will wait for higher levels as said.

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  33. Sir
    If you expect nifty to go upto 4640, then can i buy nifty future @4590

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  34. malai, why did you not buy when the call was given at 4553? Now wait for next call.

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  35. Sir I fail to buy at your levels & got NF at 4578 yt sl should I maintain?
    Plz sugest

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  36. SIR, your views for rcom are being awaited by a lot of memebers , so please guide for rcom 270 call buy at 11.85

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  37. Sir
    I bought nifty @4564& sold @4604 -Thanks for your advice. now i am requesting for another opportunity only-O.k I will wait for your next call.

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  38. Kadiyali Sir,

    Any update on reliance communications call????

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  39. Kadiyaliji..

    NF at 4570.. can we go long now.. for a possible short covering coming?? please suggest..

    will wait for your call sir

    Sreeram

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  40. Dear Kadiyali,

    Exited both my NF at 4585 and SBICALL at 63 in profits. Aug has been a good month so far, am thinking of sq off my ICICPA cost to cost today.

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  41. Dear Kadiyali,
    How to book profits in suzlon at 89-90. Do you expect further move up to 95 next week???

    Nitin024

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  42. Hello Sir,

    Please give us some direction on RCOM 270 Call bought at Rs 11.85 last friday? Should we hold it or exit from it?

    regards,
    RK.

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  43. Sir, not any stocks view only options???

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  44. musti, I have already posted at 1.05PM for those who bought NF at price higher than 4553, SL should be changed to 4554.

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  45. krishnan, when I have given a report in the morning that the NF trade is going to be rangebound today, and it in fact turned out to be a strict range, where is the opportunity for trading in stocks or options. The only opportunity available in NF at 4553 was promptly encashed.

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  46. nitin, target of 95 for Suzlon is intact.

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  47. with a fall in nifty & dow jones on friday ,it seems very unlikely that 4900 ce purchase price @65/ - or neary by rate will be met. do u advice to book loss or still continue .

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  48. Dear Kadiyali sir,

    how to move stop loss in favourable trade once we define the same at the time of buy/sell. most of my losses has been because of this. I use sharekhan.

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  49. tvisha, wait for my Monday call to decided whether to book loss in 4900CE or to hold.

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  50. pagarwal, if you are operating Sharekhan, go to Turnover, click square off, to put a trailing SL of 4560 for BUY position which has gone beyond 4580, put 4559 as suare off rate & 4560 as trigger rate, and press submit. Your order to sell will show as pending at 4559, and if & when NF falls again to 4560, your sell order will get triggered, and you will get a rate above 4559. As & when NF goes up further, you can keep MODIFY the order to say 4569 & 4570, etc.

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  51. Thanks a lot kadiyali sir. I am patiently waiting for your option blog. Thanks for choosing me as a member. I have 4900 CE and waiting for your direction on monday.

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