Monday, September 7, 2009

DAILY REPORT ON NIFTY BY kadiyali - 07.09.09 (Monday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4720 against its previous close of 4694, and is currently trading at 4739. It has so far recorded a HIGH of 4745 & a LOW of 4694. Asian cues are positive, US futures are in green, and European markets may open in positive today. Nifty will trade today in positive all through the day, and will end the day in positive above 4700. Trading range for NF today is likely to be 4680-4760.

Trading Call

1.59PM...NF now at 4756. Go SHORT.  SL 4781.  Target 4706.

2.48PM...NF now at 4782. SL of the above trade trigerred. Sorry.

Market Closing Report

Nifty futures closed the day 4804, up 109 points, after touching a high of 4805. Morning low of 4694 reamained the low of the day.

NIFTY OUTLOOK

Nifty had a bullish trade today, scaling to a 15-month high, and closed the day at day's high at 4783, up 103 points. FIIs net BOUGHT 1060cr & DIIs net bought 150cr. Having broken its strong resistance of 4750 which on 2 earlier occasions it failed to break, Nifty's journey to scale 5000 has become easy now. However a day or two of large scale profit booking is not ruled out.
Nifty levels for 08.09.09 Tuesday are: PIVOT 4750, R1 4822 & R2 4861, S1 4711 & S2 4640.






87 comments:

  1. can we short @4760 on postional basis or should we wait for tuesday to short

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  2. Kadiyali sir,
    Mobiles are not allowed in my office premises. Hope u will continue update in this blog in addition to your SMS service. Please confirm Sir

    BTW, Can we short nifty at 4750 levels sir? As you suggested now a days i am doing only intra day trading, to be honest i am having a peaceful sleep because i am not carrying any overnight positions.

    Thanks,
    Arun

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  3. praveen, dont take any positional short in NF. If by chance this third attempt of nifty to break 4750 succeeds, then NF will fly past 4800 very fast. Go for intraday short with hard SL.

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  4. Dear Kadiyali sir,

    Is there any chance for me to trade in NF today? either long or short at least 30 points on either side?
    Thanks,
    Ramesh.

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  5. Gdmrning Sir,
    As you had mentioned, 4750 almost on the charts, before monday noon. Fantastic.
    Hav booked longs carried at 4588.
    Sir, Kindly advise if its a shorting oppurtunity at 4760 levels.

    Regards
    Sandip

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  6. Good morning Sir, any put recommendations now?

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  7. Vaidya, wait for 4600PE to fall below 60 as per my recommendation in Weekly Report, today or tomorrow, and buy for a target of 150.

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  8. Ramesh, if NF falls below 4700 before 12.15PM, go LONG for a gain of 30-40 points.

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  9. Kadiyali Ji, going SHORT for 30-40 points worth attempting for? Already placed and waiting for NF to fall to 4700 levels.
    Thanks for your valuable inputs.

    Cheers

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  10. arun, once we start PAID SMS GROUP, all NF trading calls will be sent only by SMS, but other trading calls will continue. If I place the NF trading calls also here in this blog even after starting the paid service, who will join PAID SMS GROUP?
    The Early Bird Discount has been devised for first 50 members at a very reasonable rate for a 4 months' validity, it is better you just grab one slot, and make arrangement to get SMS calls on your residence mobile.

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  11. Dear Sir,
    Seems to be nifty may not come down below 4720 today? shell i go long before europ opens?
    Thanks,
    Ramesh

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  12. Kadiyali sir,
    I am already a member of your options blog so i think my name was already included in your paid sms group also, because i saw in your last post saying that "Members of Kadiyali Options Blog will be taken as automatic members of this SMS GROUP".

    So I think I am already eligible for receiving the SMS. Correct me if am wrong on this.

    The only problem with this one is I am working in a Hyundai car company production office and i was not allowed to bring any mobile phone inside here (as per the rule).

    I am ready to pay for your sms service still if possible please share your nifty calls to my personal email also (if possible only). Sorry if I am incorrect on this.

    thanks,
    Arun

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  13. Arun, as a member of Kadiyali Options Blog, you become an automatic member of SMS GROUP too, so no need to become a member afresh. But you have to make arrangement for SMS calls some how, individual email is not feasible, as we have only 3 staff at this stage, and all are busy till 8PM.

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  14. Ok kadiyali sir, no other choice for me:(. I will make arrangements from my end to receive those calls.

    I haven't received any mails from your team asking for mobile number and all. Do they ask me through a separate email later in this week or i need to send to your rediff email? Please clarify, thanks

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  15. Dear Kadiyali sir,
    Till now I was watching NDTV Profit wherein the NIFTY spot and NIFTY future used to come in separate box. Every 15 seconds it used to flush and the current rates I was getting. Now I am getting this feature in that NDTV PROFIT. Can you say where I can have the current rates with15 / 30 seconds refresh as nseindia.com refreshes once in 2 minutes.

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  16. Dear Paddy,
    you can try this one http://in.finance.yahoo.com/
    but here you will get only NSE, BSE, Europe, US & Asia spot market(every sec refresh like a ticker) but not futures.
    If anybody can tell futures also like this, it will be greatful.

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  17. Dear Kadiyali,
    Can I hold RCOM till target 330 ?

    Regards

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  18. Dear arun,

    You can forward sms from your mobile to your email. I have'nt tried it but it should be possible. Try this link:

    http://java-phones.com/communication/sms-messenger-mobile-104

    Regards.

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  19. thanks satish; fortunately the feature has been reintroduced in NDTV Profit.

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  20. Thanks a lot "r m". will analyze more on this.

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  21. now NF is around 4755; any trade suggestions.

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  22. Shubhra, sell part holding of RCom today, and reduce your BUY cost.

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  23. Hello
    Sir ji,
    From today onwards will u not post any calls for nf and option ?

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  24. Dear Sir,

    AM interested in joining Options Blog. Tell me more informatin on it. Thanks in advance.

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  25. Dear Kadiyali,
    Thanks. I am selling 50% today.

    Hansal is saying a target of 280 for OBC. What is your view and suggestions ?

    Regards

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  26. Sir NF@4755 . can a short be initiated at these levels?

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  27. sir nf has crossed your target of 4760; any suggestion

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  28. Shubhra, OBC 280 can come only in October. It is better to sell at my target of 210, and wait for a lower level.

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  29. Vats, Option Blog has a maximum capacity of 100 only, and at present it is full.

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  30. Current level of NF 4750-4760 is very dangerous zone either for going short or long. High turnover trades are happening, and from here break out can take NF to 4800, or break down can take NF to below 4670 today itself.

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  31. sir, u can do one more blog option 2 with same calls for these new guys..further any views on unitech

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  32. FTSE is all set to touch 5000 before NIFTY can do it.

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  33. Dear Sir,
    Just give your pre-close report after 3.00PM,
    I am planing to take position NF short based on your pre-close report before market close with 1 lot of 4900CE towards hedge for NF short.
    Thanks,
    Ramesh.

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  34. NF now 4756. G0 SHORT. SL 4781. Target 4706.

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  35. on that basis, can i buy 4700 PE now for intraday ?

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  36. Shorted NF at 4756/-.
    Thanks,
    Ramesh

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  37. Jay, dont go for intraday trade in options. Even the NF call given today is not very safe, so I have given a hard SL of only 25 points.

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  38. Kadiyali sir.. give us a shout if u feel WHEN its not worth loosing even our 25points..
    anything saved=earned
    NF short@4760
    Ram

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  39. Ramesh, put SL hard at 4781, because 2.30PM factor can either take NF beyond the current high of 4767, or it may even start falling.

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  40. Sir,

    Hope you continue to give give calls on shares like you have been doing earlier through this blog. All your calls (Balaji, Rcom, OBC, SUN, Satyam, GFCL, GHCL etc) are really good and helped me to cut losses (though all shares could not be bought). Please continue to help.

    Thanks...Krishnan

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  41. Yes sir i kept SL at 4781/-.
    Thanks,
    Ramesh.

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  42. Dear Kadiyali,
    If I have 40% cash (2L) and 60% stocks (3L in portfolio), then how much I should invest when you give a delivery based call?

    Regards

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  43. My STOPLOSS got triggered, No problem will take next call.
    Thanks,
    Ramesh.

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  44. NF now at 4782. SL triggered for 1.59PM call. Sorry.

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  45. Shubhra, keep booking profits in part holdings, and utilise the cash when nifty falls below 4500.

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  46. Sir, nifty put 4600 around 56 could me buy now or wait still? Pls reply sir.

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  47. Kadiyali Sir... All the best for ur sms service...

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  48. Dear Sir,

    My stoploss also got triggered. We can make it on another call.
    Thanks,
    Ravi

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  49. Vaidya, as per my recommendation in Weekly Report, 4600PE has fallen below 60 now. You can buy the same for a target of 150.

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  50. Sir

    I am 2 lots long in Nifty october, should i hold or square off today?

    Regards

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  51. Sir

    I did not receive SMS for the call today. Has the service started or there was some other issue today?

    Thanks

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  52. sir, can we take overnight position if i short now NF? what is your opinion, plz suggest

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  53. Sathish, no overnight position in Nifty Futures.

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  54. monthly analysis of nifty calls is imp i feel. we should calculate monthly returns.

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  55. earning something one day and losing it the next does not make sense.

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  56. "earning something one day and losing it the next does not make sense." - come on nawabji both earning and losing are part of the market/life.


    As kadiyali specified long time back, the success ratio for trading calls will be 7/10.
    That too the loss involved in those 3 failures is minimal because of the SL.

    If you don't like this, then avoid visiting the site again. Please don't waste our time and space.

    Thanks,
    Arun

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  57. Yes. Kadiyaliji nawab35 is partly right. You used to put the monthly analysis in MMB which used to be very helpful. I think we have something like that in this blog also which will really show the new worth of Nifty calls.

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  58. Sir

    Booked profit in my longs and bought 2 4600 PE @ 53.20.

    Thanks

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  59. Hello Kadialiji,

    Admire your skills & intentions. Quick question, do you follow Glory Polyfilms? Whatz your recommendation?

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  60. Krishnan, there will not be any change in the scope of this blog after the Paid SMS Group is started. The only difference will be that the NF calls which I am giving LIVE now here, will go to the subscribers only by SMS, and after the calls result is received, it will be copied on to the blog. All other trading calls will continue as usual, including the stock trading calls.

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  61. Sir,
    small clarification, in your strategy for the week you have given
    "1. If you are long, reverse the longs into shorts when nifty approaches 4750.

    2. If you are short, hold the short till 4550."

    My querry is
    1. is there any change in this when 4750 is breached
    2. you have asked to hold shorts till 4550 then why do you ask not hold overnight positions.

    Sir plz clarify.

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  62. Dear Sir,

    Thank you very much. Awaiting your such fantastic calls.

    Thanks...Krishnan

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  63. Sathish, my strategy for the week saying hold the shorts till 4550 is no doubt applicable to all those who read this blog & who do hold shorts like puts, short in stock futures & even positional shorts in NF. If any body asks me whether he can go short or even long in NF for overnight carry, my answer is NO. You asked me & I gave my answer. If you take any position without asking me, then the said strategy becomes applicable to you too.

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  64. Sir,
    i am not going against you, it is just a query why you are so against of going overnight position ( though i dont have any) if you feel 4550 is sure shot in this series itself. I understand if 4550 is not sure shot, but you are sure that before NF touches 5000 it will touch 4550. ( plz dont mistake me in case my query is hurting you, i didnt mean in that way.)

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  65. Kadiyali Sirji after reading all the post of today and after seeing market rally today i dont think that maket will tank below 4700 before it cross 4900++++ in this month b'cause ppl have taken many short between 4750-4800 so as usual every one knows that big players will not allow retailers to earn. it is just my view, whats yours ?

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  66. Sirji i have one querry on bulls and bears. ppl says that when bulls are buying, bears are trapped or they say that bear have shorted and bull are trapped. is they 2 different group or only a person when they buy they are bull and when the winding their position they become a bear.

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  67. Sathish, I am against overnight position of either short or long only in Nifty Futures, because of gap up/down openings. If you hedge your position with OTM nifty options, nothing wrong in having it. Still, the profits you make in intraday trades in NF will be much more than what you can make in positional trades.

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  68. Jain, depending on what you do in the market, you become a bull or a bear. If you push up the rates, you become a bull, and if you hammer the rates, you become a bear. The same people keep interchanging the roles, and sometimes like today, same group does both bull & bear. Today the same group must have pushed the stocks up with cash purchases only to sell them in futures at the high.

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  69. understood sir & agreed sir.....
    Thanks for your quick response, people need such a great patience to answer all kind of queries like this, you are really a GEM sir & we are lucky to be with you.

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  70. @Arun: If your time is wasted by replying to my messages then don't read them. You are anyway not the one I had put the question to. There is no question about the ability of Kadiyali. He is a wonderful analyst. But please don't post such messages. Now please don't point any of your words to me.

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  71. so its clearly shows that market will not fall below 4700 in this month series, than what is use of taking 4600 pe below 60.

    Sir i think bulls will take 5000+ in this month itself.

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  72. Dear Sir,

    Today FII's purchased in Cash 1000crs and sold 1000crs in futures.sir I find it very confusing/

    regards

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  73. kadiyali sir , i have purchased 2 lots put46oo@53.50(24 sep 09 expiry) . kindly guide -whether i should hold or sell

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  74. anurag, read my 8.16PM comment to Jain, regarding pushing the stock prices by CASH purchases only to sell them in FUTURES at or near day's high.

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  75. aditya, hold your 4600PE bought at 53.50 for a target of 150.

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  76. This comment has been removed by the author.

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  77. Kadiyali sir ,
    OBC IS NEAR 210 CAN WE EXIT OR HOLD ON TO SOME MORE GAINS...
    REGARDS

    BIPIN

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  78. Sir,
    At what price 4600pe should i buy? CMP 49.00

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  79. BIPIN, you may exit OBC & book the profits.

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  80. Sir,
    I have DLF at 550,how long it will take to get my cost? any suggetion?
    Raj

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  81. DLF took support from 50%,chances of moving up to 455/488/518 levels when Nifty reaches 5000 levels maybe.

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  82. Sir, What about Rcom? Can I hold it or sell partly as suggested yesterday?

    Thanks...Krishnan

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