Friday, September 11, 2009

DAILY REPORT ON NIFTY BY kadiyali - 11.09.09 (Friday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4851 against its previous close of 4818, and is currently trading at 4826. Asian cues are positive, US futures are in red, and European markets may open in positive today. Nifty is all set for one more day of range bound trading. However profit taking due to week end considerations may pull nifty down. Trading range for NF today is likely to be 4790-4870.

Trading Calls

1.39PM...NF now 4837. Go SHORT.  SL 4871.  Target 4787.

1.52PM...NF now at 4815. Change the SL to Sell rate + Brokerage, so that there is no loss in this trade.

2.54PM...NF now at 4838. SL hit WITHOUT ANY LOSS.

Market Closing Report

Nifty futures closed the day at 4847, up 29 points, after touching a low of 4795. The morning high of 4862 remained the high of the day. NF traded exactly in the trading range indicated by me in my 11AM report above.

NIFTY OUTLOOK

Nifty had yet another day of rangebound trading today, and closed the day marginally higher at 4829, up 10 points. FIIs net bought 229cr & DIIs net sold 294cr. After a break out above its earlier resistance of 4750 on Monday, nifty has traded range bound for the next four days, managing a close just above 4800 for all these four days. A systematic attempt to keep nifty floating above 4800, taking non index shares to dizzy heights one by one, and distributing the same to retail at higher levels, is evident, and a voilent U turn of nifty any time now is on the cards.
Nifty levels for 14.09.09 Monday are: PIVOT 4826, R1 4860 & R2 4890, S1 4795 & S2 4761.







134 comments:

  1. Sir, are we going to square off all puts as and when nifty reached 4790 level?? Or are we going hold it?

    ReplyDelete
  2. Kadiyali Sir,
    Any individual stocks you suggest at this level or wait for a correction in Nifty?

    Thanks,
    Arun

    ReplyDelete
  3. Kadiyaliji..

    Is it good idea to short around mid day? Do u suggest to short at 4860 levels

    Will wait for ur call sir

    ReplyDelete
  4. Nifty nt able to break day's low substantially. Is today a shorting day?

    ReplyDelete
  5. Sir, could me hold the nifty put 4600?

    ReplyDelete
  6. Sir,

    Nifty holding 4800 for past 3days,and if it start northward from this base of 4800,then I feel the fall will be severe,we can see 4400 levels also in days to come.Pls share ur views

    regards

    ReplyDelete
  7. Vaidya, hold nifty put 4600PE for next week.

    ReplyDelete
  8. Sreeram, if NF is near to or below current low of 4820, before opening of European markets, go long for a 30 points gain.

    ReplyDelete
  9. Sir,

    Do you think the IIP data could impact nifty,as it is due to release today

    ReplyDelete
  10. Sir

    Is SUN TV still a buy now?

    Regards

    ReplyDelete
  11. sir,can i buy unitech fut at current levels as 4818 is intact

    ReplyDelete
  12. Dear Kadiyali,

    I would like to avail the SMS service. Could you please let me know the charges and procedure to avail the same?

    Thanks,
    Shiva

    ReplyDelete
  13. Hip hip Hurray, Amrutanjan 452. Thanks Kadiyali. Its moving in great pace. Is the announcement near ?

    ReplyDelete
  14. Shubhra, retain Amrutanjan till 1000, bonus or no bonus.

    ReplyDelete
  15. sir, any idea of jindal steel and power? hold or sell. any targets for 3 month hold, if not sell. pls guide

    ReplyDelete
  16. Sir
    I have 4 puts of 4800 at around 100 . Should i retain it . Please advice

    ReplyDelete
  17. Dear Kadiyali,
    I am having positional shorts... do u advice to cover them up in todays low.

    Thanks

    ReplyDelete
  18. Kadiyali sir,
    can i now enter amrutanjan now at 450.?

    thanks..

    bipin

    ReplyDelete
  19. BIPIN, you may buy SUN TV a small quantity at current level, and keep buying on every dip thereafter.

    ReplyDelete
  20. Dear Kadiyali,

    Congrats on Amritanjan..i hold 50 shares at 252 do i add more???
    I also hold JSW steel, Purvankara proj and MRPL...what is your suggestion can i sell them and enter in sun tv...

    ReplyDelete
  21. Thanks sir,
    bought 100 on 8th at 295 will add more ..

    regards
    bipin

    ReplyDelete
  22. SIR

    NF seems to come below 4820 at wat time exactly FTSE open for us to buy

    ReplyDelete
  23. Sir, NF near day's low...can welong at these levels?

    ReplyDelete
  24. bought sun tv 50 at276.70
    will keep adding for every fall..

    regards.

    bipin

    ReplyDelete
  25. kadiyali Sir
    are we going for a long or short.please advice

    ReplyDelete
  26. Sreeram, as it is it looks like a range bound day, and in a range bound trade, risking 25-30 points SL for a gain of 30 points not worth, unless you play it for 15-20 points gain without SL, playing with the trend.

    ReplyDelete
  27. Can i go short on BHEL at prestnt rate

    ReplyDelete
  28. Dear Bipin,
    My order suntv @ 277.15 still not executed.

    You bought Amrutanjan 295!!!! or is it 395?

    ReplyDelete
  29. Sir , kindly advise if we can long/short ?

    ReplyDelete
  30. hope we kick-off SMS services by 23/9 as expected

    ReplyDelete
  31. I think market will go down today atleast 300 points at one point of time. dont know what will be the closing

    ReplyDelete
  32. Dear shubra,
    I bought suntv at 295 on08/09/2009 n today added 50 more at 278.7 checked..again hence sorry for incorrect rate earlier ..

    bipin

    ReplyDelete
  33. Kadiyali Ji,

    Waiting for your call for the day.

    Regards,

    ReplyDelete
  34. Patience guys , when oppurtunity comes , Kadiyali will give a call.

    ReplyDelete
  35. Kadiyali Ji, I know you had mentioned NF trading range 4790-4870. Looking at chart, can we short at current level 4815 for FIFTYPOINTSADAY?
    your views on this pls?

    Many Thanks

    ReplyDelete
  36. Yes S.K. Haldar.... it should break 4800 today

    ReplyDelete
  37. MR KS WE ARE NOT HEAR TO VIEW YOUR COMENTS PLEASE KEEP IT WITH YOU

    ReplyDelete
  38. 4791.75 is Nifty spot low as of now!!!

    ReplyDelete
  39. asian markets shed all their morning gains

    ReplyDelete
  40. Lot of shorts have been created & still being created below 4820, I feel they will eat the SL of all those shorts by taking NF to 4850 again.

    ReplyDelete
  41. Thank you sir for your views. can we then long NF arnd 4800 levels for a 50pointer

    ReplyDelete
  42. Dear Kadiyali sir,
    I hold gateway distripacs 125 @ 120/-
    & great offshore 100 @800/- .
    Please advice hold or sell? at current price.
    Gdl @115/- & great offshore @540/-
    Aniruddha

    ReplyDelete
  43. Mr. Haldar,

    Cant you wait patiently for Mr. Kadiyali's call. We should not put undue pressure on him to give us call as it might make him to make a hasty call. He will give the call when the time is right.

    Regards,

    ReplyDelete
  44. Mr. riskytrader

    I dnt think you have guaged kadiyali sir's temperament by nw. He takes the call only whn he's confident/cnvinced enuf. Wt i write or wt u retaliate ,makes no diff. So stop freaking out n relax.

    ReplyDelete
  45. This Blog is slowly becoming MMB. People already started pointing fingers.

    ReplyDelete
  46. Game has started now to eat those SL of all the shorts created below 4820/4810/4800.

    ReplyDelete
  47. Haldar ji,

    I feel am quite relaxed that is why waiting patiently. Letz c what is in hold for us in the next two hours.

    Regards,

    ReplyDelete
  48. Hoping fr the best ....nifty inching up

    ReplyDelete
  49. Dont worry Shubra, this won't become MMB, as i will desist even from advising someone now.

    Looks so Kadiyali ji that game has become. I am long in Unitech future at 108.05. Hoping to sell it around 109.5 and just waiting for your call to initiate trade in nifty or watever u suggest.

    Regards,

    ReplyDelete
  50. I think 4840 is good level to short for 50 point gain

    ReplyDelete
  51. Shorted 5 Nifty @ 4835.15 with SL as mentioned.

    Thanks in advance Kadiyali ji.

    REgards,

    ReplyDelete
  52. Sir any comments on the targets/SL ?

    ReplyDelete
  53. wow on the spot !!! down already in a flash .

    ReplyDelete
  54. NF now 4815. Change the SL to Sell rate + Brokerage, so that there is no loss in this trade.

    ReplyDelete
  55. wht im doing with my 4600pe @rs/54 ,kindly answer me b quckly.

    ReplyDelete
  56. Sir,what are the prospected targets?

    ReplyDelete
  57. vidya,im very tnce like u wth our 4600 pe @rs/54 . kadiyali sir, pls clr us tht we can hold or sell.

    ReplyDelete
  58. Sir.. how come NF in high Premium... around 8points???

    Does that indicate a short squeeze or zoom up??

    holding on to NF shorts

    ReplyDelete
  59. Haldar, target has already been given in my call above. It is 4787, some 8 points below day's low of 4795. Since it is a rangebound day, prospects are not much. As SL has already been changed to the cost price, we have nothing to lose in holding on to the position.

    ReplyDelete
  60. Sabya, sir has already told to carry over the positions to monday.. I will be carrying it.. How many lots you have?

    ReplyDelete
  61. dont go short at this level as market is still strong.if you arelong cary on till monday

    ReplyDelete
  62. vidya,i have total 6 lots @rs/62 avg, bt the main factor is time value .

    ReplyDelete
  63. Please take a note .. My name is Vaidya. Not Vidya. Will wait for Sir ji's call to square off the positions.. You too can follow suit if you wish..

    ReplyDelete
  64. Sir all the pe we have should we hold till next week or square off them today in loss as premium started eroding from ce & pe.
    Plz sugest

    ReplyDelete
  65. NF now with 11points premium.. holding 4815 lvls..

    ReplyDelete
  66. Dear Hilly,

    Please dont give calls. May be u are right but dont confuse. We are following Kadiyali.

    ReplyDelete
  67. the time gap between the call from blog and entry level eats away 10 points. Added to the agony the information available in nseindia.com as well as ndtvprofit are with time lag of 2minutes. Within that period the entire table turns to our negative side. I hope that once the sms services starts the first mentioned odd possibility will be solved. Can you suggest anywhere in the net we can get rates with a time lag of atleast 15-30 seconds

    ReplyDelete
  68. Nifty finding support again at 4800.

    ReplyDelete
  69. bt sir dont clar it till now wht im doing wth my 4600 pe.

    ReplyDelete
  70. Sir, i am holding 4500PE@25, kindly advise, if they r to be held till the expiry

    ReplyDelete
  71. Dear paddy,

    You will get real time nifty quote on this link:

    http://www.google.com/finance?q=NSE:.NSEI

    Please note that nifty chart is not realtime - you have to refresh for chart but the rates are real time from NSE.

    Regards.

    ReplyDelete
  72. pls clear me b quikly [requesting mood] sir ,bcause lots on prssure on me.

    ReplyDelete
  73. Bulls are trying their last minute best to save 4800 level for the day.

    ReplyDelete
  74. Dear Sabya ,

    Wait till nifty falls to 4600 or 4650...you will get double....probably next week...
    I am also holding 4500, 4600 pes...till enjoy the NF...

    ReplyDelete
  75. Fierce fight between bulls & bears, any thing can happen, if bulls fail to maitain 4800 today, we will see easily 4600 next week.

    ReplyDelete
  76. why is the NF still in 8 pt premium. any comment sir?

    ReplyDelete
  77. Kadiyali sir.. is it better to cover our shorts with next time 4800 dont break convincingly??

    holding NF shorts

    ReplyDelete
  78. Sir,
    Wen we are planning to square off puts we hold?

    ReplyDelete
  79. Even within the small range, so much Stop Losses have been eaten today eitherway!!! Hope our SL will remain without eating.

    ReplyDelete
  80. inching towards stoplosses, sir, awaiting your comments

    ReplyDelete
  81. SL hit ....better luck next time

    ReplyDelete
  82. NF now at 4838. SL hit WITHOUT LOSS.
    That is the reason in a range bound day it is time waste giving calls.

    ReplyDelete
  83. NF just kissed the sl and went back...lol

    ReplyDelete
  84. Am still in the game for the day. Had put the SL as 4840. Letz c how long does it holds.

    Regards,

    ReplyDelete
  85. Sir, are our markets in over bought condition? Do you think correction will take place in near future?

    ReplyDelete
  86. Mkt going down, at 4823 after eating our SLs.

    ReplyDelete
  87. Third day in a row,bears failed to take down 4800 and nifty found excessive support at this level. Sir, wts ur view,4900 or 4700 , which 1 first ?

    ReplyDelete
  88. Dear Kadiyali,
    Whats going in Amrutanjan !!!!

    from 360 to 508 in 3 days!!!!

    LOL!!!!
    Regards

    ReplyDelete
  89. If global cues turn negative from here either today DOW Jones or Monday Asian markets, it will be very tough for bulls to maintain. Bears will jump with vengance.

    ReplyDelete
  90. Dear Kadiyali,
    Hope Similar type of Actions will be seen in TTML soon!!!

    Regards

    ReplyDelete
  91. Shubhra, nobody would have believed in Amrutanjan when I recommended.

    ReplyDelete
  92. Dear Kadiyali,
    I belived in you all the time!!! By your amazing delivery calls!!!

    ReplyDelete
  93. Sir , can ttml be accumulated frm these levels?

    ReplyDelete
  94. Dear Kadiyali,

    What about Purvankara and JSW stell and MRPL

    ReplyDelete
  95. And still believe TTML will touch 50 in coming months! Invested 1 lakh in TTML. My portfolio 20% in TTML.

    ReplyDelete
  96. Sir, hopefully carrying my put positions for the next week. Very tricky market sir..

    ReplyDelete
  97. Dear Kadiyali,
    Jhunjhunwala says ...sensex 50000 in 6 months...i think this interview is keeping bulls tight...lol

    ReplyDelete
  98. Is it feasible to buy 4800 PE now at 84-85 ?
    Time decay is eroding all my premiums in 4400/4500/4600/4700/RIL 1920 premiums.

    don't know, whether it will cover the purchase price/investment or not....but still do u believe to take a risk for the next week ?

    ReplyDelete
  99. Puts below 20 & 30 OR calls below 20 & 30 as on date, will double & treble from the current level. Decide will it be puts or calls?

    ReplyDelete
  100. Dear KAdiyali,
    Just now my SUNTV 75 @ 277.15 got executed. The lowest price of TODAY. LOL

    Regards

    ReplyDelete
  101. Nitin, nifty will touch 3600 any day from 10.11.09 to 20.02.2010.

    ReplyDelete
  102. Sir, for the sake of put holders, let it be the puts to treble..

    ReplyDelete
  103. Dear KAdiyali,
    NIFTY 3600!! Then how Amrutanjan and TTML will advance against NIFTY ?

    Regards

    ReplyDelete
  104. Sir

    Great call on Amrutanjan. Is it still a buy at above 500?

    Thanks

    ReplyDelete
  105. Dear Mr.R M
    Thanks a lot. I will refresh the screen. I believe that link gives only the nifty spot. Since our area is only NF. Is there any provision in that site itself.
    Thanks once again

    ReplyDelete
  106. Modified the order to get 4 lots of 4600PE @ 27.15.

    ReplyDelete
  107. Dear paddy,

    I am afraid there is no free data on nifty futures. The cheapest live data for nifty futures is on ichart - subscription fee is not very high, Rs 650 per month. (www.ichart.com)

    Regards

    ReplyDelete
  108. Nifty will be Three Thousand Six Hundred Sixty any day between 10.11.2009 & 20.02.2010.

    ReplyDelete
  109. Dear Kadiyali,

    That is an open invitation to earn 50 K in five months by shorting 1 lot of nifty futures!

    Regards.

    ReplyDelete
  110. Dear KAdiyali,
    If 3600 is the ceratinity then should I hold 90% cash right now?

    Reagards

    ReplyDelete
  111. Shubhra, once nifty goes past 5000, you can convert your portfolio into 90% cash & 10% free shares.

    ReplyDelete
  112. Dear Kadiyali,
    Will TTML and AMRUTANJAN stay above 33.10 and 500 irrespective of NIFTY ?

    Please clear my confussion.

    Regards

    ReplyDelete
  113. can u please comment on Amrutanjan in my earlier question?

    thanks

    ReplyDelete
  114. Dear Sir,

    I am also of the view that we shall surely see atleast 3900 levels in next 2-3 months and its really comforting to know that you also think so. It would be great if you can share the reasons and circumstances you think will take Nifty to such level. Your thought process is much appreciated and anticipated.

    Many Thanks,
    Avinash

    ReplyDelete
  115. Dear Sir,

    Since you are expecting a deep correction in NIFTY in the period mentioned above, please guide us when to sell our holdings, whether to sell all shares or to hold any (including SUN, TTML, Satyam, Balaji, Garden silk,GFCL etc).
    Today I bought 25 SUN at 279.00 and also booked my loss in 4500 PE at 18.15 (bought at 24.90) and decided not to do option trade again as the loss and tension is more in this compared to the gain. Awaiting your ever-achieving calls in shares to buy in cash.

    Thanks and wish you a NICE WEEKEND...Krishnan

    ReplyDelete
  116. Shubhra, raise the querry regarding nifty falling to 3600 any day during second half of the current financial year in MMB.

    ReplyDelete
  117. SIR TODAY I HAVE SQUARRED OF MY 4700PE @52 (4 LOT BOUGHT @80/-) and 4600 PE @ 30.20 (6LOT BOUGHT @85/-), AS I BELIEVE THERE WILL BE GAP UP OPENING ON MONDAY AND MARKET WILL NOT FALL EVEN TO 4700 BEFORE THIS EXPIRY AND IF MARKET CROSS 5000+ IN NEXT WEEK THAN OUR PT RATE WOULD HAVE ONLY A SINGLE DIGIT. NO PROBLEM WE WILL TRY OUR LUCK NEXT TIME.

    ReplyDelete
  118. JKJain, my PUT recommendation for this expiry has been 1)to accumulate 4400PE below 20, which was promptly modified to accumulate 4500PE below 25, and 2)to buy 4600PE below 60.
    I still feel both 4500PE & 4600PE has life, whereas any strike rate of 4400 & below could turn into waste. But in market no one can be very certain. What if nifty takes a sudden voilent U turn?

    ReplyDelete
  119. Sir, your nifty outlook for the next week?

    ReplyDelete
  120. Kadiyali Sir,

    I am still holding 2 Lots 4700 PE @ 43.90, 5 Lots 4600 PE @ 60, 7 Lots 4500 PE @ 19. I am sure we will get price of 4700 PE @ 90, 4600 PE @ 75 and 45 PE at 40.

    What are your views?
    Thanks - Kamal

    ReplyDelete
  121. Yes sir, waiting for your report to get true..

    ReplyDelete
  122. Dear Sir, I am holding Nifty 4700 PE @ 73.
    What should i do?
    Please suggest.

    ReplyDelete