Thursday, August 27, 2009

DAILY REPORT ON NIFTY BY kadiyali - 27.08.09 (Thursday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4663 against its previous close of 4682, and is currently trading at 4673. It has so far recorded a HIGH of 4682 & a LOW of 4655. Asian cues are negative, US futures are in red, and European markets may open steady today ahead of US GDP data. Nifty will trade subdued for the first half of the day, but will pick up momentum in the second half aided by heavy short covering being the last day of settlement, and will close the day in positive. Trading range for NF today is likely to be 4640-4750.

Market Closing Report

Nifty futures closed the day at 4688, up 8 points, after touching a high of 4712. Morning low of 4655 remained the low of the day.

NIFTY OUTLOOK

Nifty recorded a positive close for the 6th consecutive day today, and closed the day at 4688, up 7 points. FIIs net sold 41cr & DIIs net bought 29cr. Having gone closer to 4700 mark for the last 3 days & failed to get a close above 4700, nifty may now have a minor pull back below 4600, before resuming its attempt to break out above 4700.
Nifty levels for 28.08.09 Friday are: PIVOT 4680, R1 4716 & R2 4743, S1 4653 & S2 4617.

 




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12 comments:

  1. UnknownAugust 27, 2009 at 11:25 AM

    Hi Kadiyali ji,
    I bought 1lot sep4700ce@160 for intraday based on your strategy. your comments please.

    ReplyDelete
  2. UnknownAugust 27, 2009 at 11:26 AM

    Kadiyali ji forgot to mention in last two months i almost lost 15k in options 4 lots aug4900cd@55. and another one is in july month puts.

    ReplyDelete
  3. CapgainersAugust 27, 2009 at 11:34 AM

    Sir,
    Bought 4700ce 2lots aug expiry at 10. Kept 2 more at 7, if it all it goes doen again.
    Also kept buy order 4700ce sept at 130.
    Please let me know, if i need to change any order.
    Thanks in Advance..

    ReplyDelete
  4. kadiyaliAugust 27, 2009 at 1:20 PM

    srini, short covering in the last two hours may come, and take NF towards 4750. Hold your 4700CE/Sept.

    ReplyDelete
  5. UnknownAugust 27, 2009 at 1:23 PM

    Sir,
    what about 4900CE call, shall we leave just like that or we can place sell order. In case if we leave just like it what will happen sir, as i have not done so far, plz advice.

    ReplyDelete
  6. ramsfmAugust 27, 2009 at 1:53 PM

    Dear Sathish,
    Just leave it to expiry, if you are going to sell then again you have to pay brokerage for that sell order.
    Thanks,
    Ramesh.

    ReplyDelete
  7. UnknownAugust 27, 2009 at 2:11 PM

    Thanks Ramesh, that is my querry, incase if iam not selling, then they dont squareit off charge me the brokerage? Are you sure?

    ReplyDelete
  8. ramsfmAugust 27, 2009 at 2:22 PM

    No they will not.
    Thanks,
    Ramesh.

    ReplyDelete
  9. UnknownAugust 27, 2009 at 2:27 PM

    ok Thank you Ramesh

    ReplyDelete
  10. manuAugust 27, 2009 at 3:20 PM

    dear d brokerage is charged and stt is .125 in case of auto square and .017 in case u square it off..brokers never spare u

    ReplyDelete
  11. JayAugust 27, 2009 at 5:22 PM

    Dear manu,

    As far as I am concerned, if I leave any call/put for expiry as it is, I will not pay the brokerage i.e, my broker (sharekhan) will not charge anything. Even they will not charge anything for that call/put options.

    jksarkar

    ReplyDelete
  12. UnknownAugust 28, 2009 at 8:34 AM

    Dear Manu,

    They have not charged me anything so far as said by Jay & Ramesh. Plz check your account if they charged or not. Incase if i had sold it yesterday it would have more loss to me.
    Thanks Ramesh & Jay for your inputs.

    ReplyDelete

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