Thursday, August 20, 2009

DAILY REPORT ON NIFTY BY kadiyali - 20.08.09 (Thursday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened the day at 4444 against its previous close of 4386, and is currently trading at 4464. It has so far recorded a HIGH of 4485 & a LOW of 4441. Asian cues are positive, US futures are also in green, and European markets may open today nearly 1% up. A bullish day is in front of us. Nifty will trade today in positive all through the day, and will close in positive with a gain of at least 120 points. NF is likely to trade in the range of 4441-4530 today.

Trading Calls

11.45AM...NF now at 4464. Go LONG. SL 4426. Target 1 - 4514. Target 2 - 4535.

Market Closing Report

Nifty futures closed the day at 4450, up 64 points, after touching a high of 4504 & a low of 4440.

NIFTY OUTLOOK

Aided by positive global cues, Nifty had a mildly bullish trade today, opening with a positive gap & maintaining the gap till the very end, and closing the day at 4453, up 59 points. FIIs net sold 438cr & DIIs net bought 489cr. Nifty is in a highly oversold zone, looking for a rebound any time now.
Nifty levels for 21.08.09 Friday are: PIVOT 4447, R1 4499 & R2 4545, S1 4401 & S2 4348.





15 comments:

  1. kadiyali sir,
    If possible share your view on Adani power

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  2. sir you are kindly requested to start ur paid blog services after some porfolio gain.
    this is my huble request

    ReplyDelete
  3. Kadiyali sir,

    What target are we looking at for 4500 CE lots?

    Thanks

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  4. htn, 4500CE should fetch 90+ today.

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  5. Kadiyali ji,
    shall i exit the 4500ce@90 today? i bought 1lot yetsterday@45 according your strategy. i hv 4900ce 3lots @ 50. So that atleast i can cover 1 lot.

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  6. srini, wait for nifty to recover above 4500, and after that I will inform you.

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  7. Hi,

    TTML, can it really touch 50 by 15/09, it kind of is a laggard i have few at 31,never seems to move.

    Regards
    Arun

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  8. good afternoon kadiyali ji,...this lovee ... can i buy 3 lots of nifty 4500 call ... what price shall i enter as the market is = ive for the day as u r sugeesting ... do advise as i would be happy to cover my 5900/- loss during last trade... regards can enter now at 70... lovee

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  9. sir can i buy now for 90+ target ... regards lovee

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  10. Dear Kadiyali.. Do you see Profit booking after 3pm? or short covering of yesterdays shorts??

    Sreeram

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  11. Sir, still can buy NF for ur target at cmp of 4468?
    Plz reply

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  12. Sir
    Can i buy NF for overnight carrying

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  13. i read in mmb that ur multibaggers r listed on ur home age .which is ur home page

    ReplyDelete
  14. tvis, just click my id 'kadiyali' wherever you see it in money control message board, and you will land on my home page in mmb. Then click VIEW PROFILE, you will get all the details.

    ReplyDelete
  15. Sir,

    still do you think NF will end beyond 4700?
    I have 4500, 4600 & 4900 CE with me. also NF bought yesterday @ 4473.

    Plz guide me sir.

    ReplyDelete