DAILY REPORT ON NIFTY BY kadiyali - 30.10.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4845 against its previous close of 4774, and is currently trading at 4838. It has so far recorded a HIGH of 4862 & a LOW of 4821. Asian cues are positive, US futures are just flat, and European markets may open positive today. Nifty will have a bullish trade today & will close the day in positive but the last one hour of trade may see nifty losing 50 point from day's high. The trading range for NF today is likely to be 4820-4890.

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Nifty SMS Group Trades

1. Total Trades:               16  

2. Winning Trades:           9 

3. Losing Trades:              7

4. Points Gained:          279

5. Points Lost:              165*

6. Net Gain:                  114 

7. Month Target:         200

*includes today's loss of 14 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4695, down 79 points, after touching a low of 4692 & a high of 4862.

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NIFTY OUTLOOK

Nifty had a gap up opening due to positive global cues, but lost all the gap within 3 hours of trade, and bearishly closed the day at 4711, down 39 points. FIIs net bought 576cr & DIIs net bought 593cr. Nifty now is looking desparately for some support, as all the known solid supports have fallen to bears' onslaught.
Nifty levels for 03.11.09 Tuesday are: PIVOT 4751, R1 4814 & R2 4917, S1 4648 & S2 4585.

DAILY REPORT ON NIFTY BY kadiyali - 29.10.09(Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4769 against its previous close of 4826, and is currently trading at 4783. It has so far recorded a HIGH of 4790 & a LOW of 4756. Asian cues are negative, but US futures are in green, and European markets may open today in negative.  The trading range for NF today is likely to be 4680-4810.

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Nifty SMS Group Trades

1. Total Trades:              15  

2. Winning Trades:          9 

3. Losing Trades:             6

4. Points Gained:         279

5. Points Lost:              151*

6. Net Gain:                  128 

7. Month Target:         200

*includes today's loss of 33 poits.

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Market Close Report

3.30PM: Nifty futures closed this last day of Oct expiry on a negative note at 4750, down 76 points, after touching a low of 4747 & a high of 4826.

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NIFTY OUTLOOK

Nifty traded with volatality today being the last day of Oct expiry, and closed the day in negative for the fourth day in succession, at 4750, down 76 points. FIIs net sold a record 2546cr, remaining net sellers for the last 7 days, and DIIs net bought 977cr. The bear hug of nifty is now total, and a near term target of 4600 looks easy for nifty with a possibility of continuation of this downturn even till 4100.
Nifty levels for 30.10.09 Friday are: PIVOT 4772, R1 4805 & R2 4859, S1 4717 & S2 4684.

DAILY REPORT ON NIFTY BY kadiyali - 28.10.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4823 against its previous close of 4848, and is currently trading at 4828. It has so far recorded a HIGH of 4832 & a LOW of 4792. Asian cues are negative, US futures are in red, and European markets may open today in negative. Nifty will have a volatile trade today in view of nearness of expiry, but within a small range, with a strong possibility of smart bounce back from day's low. The trading range for NF today is likely to be 4770-4860.

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Nifty SMS Group Trades

1. Total Trades:              14  

2. Winning Trades:          9 

3. Losing Trades:             5

4. Points Gained:         279*

5. Points Lost:              118

6. Net Gain:                  161 

7. Month Target:         200

*includes today's gain of 52 points.

Note: Nifty SMS Group is a Paid Service. Those who want to join may email us to fiftypointsaday@rediffmail.com

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Market Close Report

3.30PM: Nifty futures closed the day at 4832, down 16 points, after touching a low of 4792 & a high of 4867.

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NIFTY OUTLOOK

Nifty continued its downward journey for the third day in a row to drop below 4800 briefly, and with the help of a fake support at 4780 level, recovered above 4800 & closed the day at 4826, down 21 points. FIIs net sold 723cr & DIIs net bought 896cr. Bears are now firmly under control & beware of fake support provided to nifty at support levels and fake break outs at resitances, to lure more longs into the system.
Nifty levels for 29.10.09 Thursday are: PIVOT 4826, R1 4867 & R2 4909, S1 4784 & S2 4743. 

DAILY REPORT ON NIFTY BY kadiyali - 27.10.09 (Tuesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4960 against its previous close of 4978, and is currently trading at 4942. It has so far recorded a HIGH of 4960 & a LOW of 4932. Asian cues are negative, US futures are in red, and European markets may open in negative today. The trading range for NF today is likely to be 4880-4960.

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Nifty SMS Group Trades

1. Total Trades:               13 

2. Winning Trades:           8 

3. Losing Trades:              5

4. Points Gained:           227*

5. Points Lost:                118

6. Net Gain:                     109 

7. Month Target:            200

*includes today's gain of 50 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4842, down 136 points, after touching a low of 4838 & a high of 4964.

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NIFTY OUTLOOK

After two hours of fake support received by Nifty at its strong support level of 4920, Nifty ultimately succumbed to bear pressure, fell below the support & saw a sell off today, to close the day at 4847, down 124 points. FIIs net sold 548 cr & DIIs net bought 141 cr. As nifty has lost almost 300 points in the last 7 trading days, a minor bounce back is not ruled out for the next 2 days, after which the downward trend is likely to resume.
Nifty levels for 28.10.09 Wednesday are: PIVOT 4882, R1 4935 & R2 5023, S1 4794 & S2 4741.

DAILY REPORT ON NIFTY BY kadiyali - 26.10.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4999 against its previous close of 5007, and is currently trading at 4978. It has so far recorded a HIGH of 5016 & a LOW of 4967. Asian cues are positive, US futures are in green, and European markets may open slightly positive today. The trading range for NF today is likely to be 4940-5030.

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Nifty SMS Group Trades

1. Total Trades:                 12 

2. Winning Trades:             7 

3. Losing Trades:                5

4. Points Gained:            177

5. Points Lost:                  118 *

6. Net Gain:                        59 

7. Month Target:             200

*includes today's loss of 31 points.

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Market Close Report

3.30PM: Nifty futures closed the day at 4971, down 36 points, after touching a low of 4965 & a high of 5042.

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NIFTY OUTLOOK

Nifty had a volatile trading today gaining almost 70 points from morning lows, but losing similar points from day's high to close the day at near low at 4971, down 26 points. FIIs net sold 3cr & DIIs net sold 171cr. As Q2 results declared so far have confirmed nifty having rallied beyond its intrinsic valuation, nifty will see gradual sell off in the days to come. A target of 4700 looks very certain within the next 10-15 trading days.
Nifty levels for 27.10.09 Tuesday are: PIVOT 4989, R1 5016 & R2 5061, S1 4944 & S2 4916. 

DAILY REPORT ON NIFTY BY kadiyali - 23.10.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5046 against its previous close of 4997, and is currently trading at 5034. It has so far recorded a HIGH of 5049 & a LOW of 5030. Asian cues are positive, US futures are in green, and European markets may open in positive today after yesterday's 3 digit gains of Wall Street. Nifty having opened gap up may give up major portion of the gap in the first half of the session, but may recover smartly in the second half to post a handsome gain for the day. The trading range for NF today is likely to be 5010-5080. 

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Nifty SMS Group Record

1. Total Trades:              11 

2. Winning Trades:          7 

3. Losing Trades:             4

4. Points Gained:           177

5. Points Lost:                 87 *

6. Net Gain:                     90 

7. Month Target:          200

*includes today's loss of 30 points in 12.06PM sms trade.

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Market Closing Report

3.30PM: Nifty futures closed the day at 5007, up 9 points, after touching a low of 4987 & a high of 5053.

DAILY REPORT ON NIFTY BY kadiyali - 22.10.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5053 against its previous close of 5070, and is currently trading at 5050. It has so far recorded a HIGH of 5056 & a LOW of 5032. Asian cues are negative, US futures are just flat, and European markets may open in negative today. The trading range for NF today is likely to be 4990-5080.

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NIFTY SMS GROUP RECORD

1. Total Trades:                         10 

2. Winning Trades:                      7 

3. Losing Trades:                         3

4. Points Gained:                     177

5. Points Lost:                           57 

6. Net Gain:                              120* 

7. Month Target:                   200

* includes today's gain of 60 points in 12.20PM sms trade.

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Market Closing Report

3.30PM: Nifty futures closed the day at 5002, down 68 points, after touching a low of 4972 & a high of 5067.

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NIFTY OUTLOOK

Nifty traded in negative for the third day in a row today, and closed at 4989, down 75 points. FIIs net sold 499cr & DIIs net sold 18cr. Last 2 days' trades confirm nifty has fallen into Sell on Rise zone, and nifty is likely to breach its strong support of 4920 in a few days.
Nifty levels for 22.10.09 Friday are: PIVOT 5007, R1 5046 & R2 5103, S1 4950 & S2 4911.

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ANNOUNCEMENT

Fiftypointsaday is pleased to announce starting of BANK NIFTY SMS GROUP for giving sms trading calls to trade in Bank Nifty. The per lot (50) margin required for trading in Bank Nifty is 50K appx, and our projected return for a month is 20K. This will be our third PAID SERVICE with one time Membership Fee & monthly Subscription Fee. 

Before we start this group, we will be sending FREE sms calls to only those interested members of our Options Blog & Nifty SMS Group for a period of 15 trading days. The result of the daily trades will also be displayed in this blog just like we have been displaying the result of Nifty SMS Group. After completion of 15 trading calls, we will announce the details of the proposed Bank Nifty SMS Group with full details of membership fee & subscription fee. The existing members of our Options Blog & Nifty SMS Group will get concessions in membership/subscription fee in Bank Nifty Group.

We request those of our Options Blog & Nifty SMS Group Members who are interested to receive our sms calls to trade in Bank Nifty, to email to fiftypointsaday@rediffmail.com, giving their names, place of stay & mobile nos.

DAILY REPORT ON NIFTY BY kadiyali - 21.10.09 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5107 against its previous close of 5104, and is currently trading at 5109. It has so far recorded a HIGH of 5122 & a LOW of 5086. Asian cues are negative, US futures are just flat, and European markets may also open flat today. Nifty will trade both in negative & positive alternatively for the first half of the session, but will recover decisively into positive in the second half, and close the day in positive but all in a range bound trade. The trading range for NF today is likely to be 5080-5150.

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Nifty SMS Group Record

1. Total Trades:                  9 

2. Winning Trades:            6 

3. Losing Trades:               3

4. Points Gained:            117*

5. Points Lost:                   57 

6. Net Gain:                       60 

7. Month Target:            200

*includes today's gain of 17 points in  trade as per 11.44AM sms.

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Market Closing Report

3.30PM: Nifty futures closed the day at 5068, down 36 points, after touching a low of 5058 & a high of 5122.

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NIFTY OUTLOOK

Nifty continued to drift lower for the second day today, trading most of the times in negative, and closing the day in negative at 5064, down 51 points. FIIs net sold 512cr & DIIs net sold 291cr. Nifty seems to have fallen into bears' grip, and is likely to become sell on rise shortly.
Nifty levels for 22.10.09 Thursday are: PIVOT 5078, R1 5103 & R2 5143, S1 5038 & S2 5012.

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ANNOUNCEMENT

Fiftypointsaday is pleased to announce starting of  BANK NIFTY SMS GROUP for giving sms trading calls to trade in Bank Nifty. The per lot (50) margin required for trading in Bank Nifty is 50K appx, and our projected return for a month is 20K. This will be our third PAID SERVICE with one time Membership Fee & monthly Subscription Fee.

Before we start this group, we will be sending FREE sms calls to only those interested members of our Options Blog & Nifty SMS Group for a period of 15 trading days. The result of the daily trades will also be displayed in this blog just like we have been displaying the result of Nifty SMS Group. After completion of 15 trading calls, we will announce the details of the proposed Bank Nifty SMS Group with full details of membership fee & subscription fee. The existing members of our Options Blog & Nifty SMS Group will get concessions in membership/subscription fee in Bank Nifty Group.

We request those of our Options Blog & Nifty SMS Group Members who are interested to receive our sms calls to trade in Bank Nifty, to send email to fiftypointsaday@rediffmail.com, giving their names, place of stay & mobile numbers. 

DAILY REPORT ON NIFTY BY kadiyali - 20.10.09 (Tuesday)

Nifty Futures 11AM Report

11AM: Nifty Futures opened today at 5162 against its previous close of 5125, and is currently trading at 5139. It has so far recorded a HIGH of 5168 & a LOW of 5136. Asian cues are positive, US futures are in green, and European markets may open little changed today. Nifty may trade range bound for first half of the session, trading just above & below the previous close alternatively, and will get into negative in the second half, and close the day in negative. The trading range for NF today is likely to be 5080-5170.

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NIFTY SMS GROUP RECORD

1. Total Trades:                         8

2. Winning Trades:                   5 

3. Losing Trades:                      3

4. Points Gained:                    100* 

5. Points Lost:                         57 

6. Net Gain:                             43 

7. Month Target:                 200

*includes today's gain of 50 points in trade  as per 12.24PM sms.

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Market Closing Report

3.30PM: Nifty futures closed the day at 5106, down 19 points, after touching a low of 5091 & a high of 5168.

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NIFTY OUTLOOK

Starting the day with a positive note, Nifty faced resistance at higher levels, and closed the day in negative at 5115, down 27 points. FIIs net bought 276cr & DIIs net sold 141cr. Nifty is likely to fall into bears' grip soon, now that Diwali celebrations are over.
Nifty levels for 21.10.09 Wednesday are: PIVOT 5133, R1 5163 & R2 5212, S1 5084 & S2 5054.

HAPPY DIWALI!

FIFTYPOINTSADAY wishes all its visitors, readers & members of all our blogs fiftypointsaday.blogspot.com, kadiyalioptions.blogspot.com & stockportfolios.blogspot.com:

A HAPPY DIWALI

As we are closed for the festival for 4 days from 16.10.09 to 19.10.09, there will not be any posts on 16.10.09.

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ANNOUNCEMENT

Kadiyali Options Blog is a paid service for which the maximum possible membership is 100, and the blog is now full. However we are receiving continuous enquiries from interested readers requesting us to provide membership. Keeping in view the demand, we have arranged 5 slots in the said blog getting it back from the slots earlier allotted to our associates. Now this 5 slots are available on first come first served basis, subject to the following terms:

1. Membership fee (one time) is Rs 3000 and Subscription fee (monthly) is Rs 1500. To become a member, one has to pay upfront Rs 4500, being the one time membership fee + one month subscription, and after end of one month, the subscription will be renewed on payment of monthly subscription fee of Rs 1500. Membership fee/subscription fee once paid is not refundable under any circumstances.

2. Those who take up these 5 slots by paying Rs 4500 on or before 22.10.09, will be given additional validity upto 31.12.09, which means the monthly subscription fee will start only for the month of January 2010 onwards.

Those who are interested in taking up the above now available 5 slots may email to fiftypointsaday@rediffmail.com early.

DAILY REPORT ON NIFTY BY kadiyali - 15.10.09 (Thursday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5144 against its previous close of 5114, and is currently trading at 5104. It has so far recorded a HIGH of 5144 & a LOW of 5098. Asian cues are positive, US futues are flat, and European markets may open in positive today. Nifty will be trading most of the times today in negative, and close the day in negative. The trading range for NF today is likely to be 5040-5160.

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NIFTY SMS GROUP RECORD

1. Total Trades:                          7 

2. Winning Trades:                    4 

3. Losing Trades:                       3

4. Points Gained:                     50* 

5. Points Lost:                          57 

6. Net Gain:                             - 7 

7. Month Target:                     200

*includes today's gain of 3 points. 

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Market Closing Report

3.30PM: Nifty futures closed the day at 5112, down just 2 points, after touching a high of 5144 & a low of 5067.

DAILY REPORT ON NIFTY BY kadiyali - 14.10.09 (Wednesday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 5087 agaist its previous close of 5059, and is currently trading at 5110. It has so far recorded a HIGH of 5122 & a LOW of 5087. Asian cues are positive, US futures are in deep green, and European markets may open in positive today. The trading range for NF today is likely to be 5010-5140.

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Nifty SMS Group Record - Oct 09

1. Total Trades:                       6

2. Winning Trades:                 3 

3. Losing Trades:                    3

4. Points Gained:                  47*

5. Points Lost:                       57 

6. Net Gain:                        - 10

7. Month Target:               200

* includes today's 3 points gain.  

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Stock Portfolios Blog

Fiftypointsaday team is pleased to inform opening of their 3rd blog "Stock Portfolios" with the purpose of guiding small investors to build 3 different kinds of portfolio. We had received more than 170 requests from our readers, to which we added all Early Bird Members of our paid service Nifty SMS Group, and out of this lot, after a small screening, we have selected 100 members (maximum possible in google blog), for whom our invitation to access the blog has already been sent today. The said blog is not a paid service but a free one, but has been restricted to 100 members on invitation. We thank all our readers who have made this achievement possible in less than 3 months.

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Market Closing Report

3.3oPM: Nifty futures closed the day at 5120,  up 61 points, after trading the day in rangebound touching a low of 5087 & a high of 5129.

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NIFTY OUTLOOK

Due to highly positive global cues, nifty had a bullish trade today, trading above 5100 for major portion of the day, and closed the day at 5118, up 64 points. FIIs net bought 1444cr & DIIs net sold 197cr. Having touched its tough resistance of 5110 very quickly in the day, traded very close to the said level for major portion of the day, and having closed the day above the said resistance, nifty has given notice to bears to avoid positional shorts.
Nifty levels for 15.10.09 Thursday are: PIVOT 5100, R1 5146 & R2 5173, S1 5072 & S2 5027.

DAILY REPORT ON NIFTY BY kadiyali - 12.10.09 (Monday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 4942 against its previous close of 4934, and is currently trading at 4988.  It has so far recorded a HIGH of 4991, and a LOW of 4937. Asian cues are mixed, US futures are in green, and European markets may open in positive today. A day of volatile trading is on the cards for nifty due to trading holiday tomorrow. The trading range for NF is likely to be 4930-5110 today.

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Nifty SMS Group Record 

1. Total Trades:                5

2. Winning Trades:          2

3. Losing Trades:             3

4. Points Gained:             44 

5. Points Lost:                 57 

6. Net Gain:                  - 13 

7. Month Target:           200

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Market Closing Report

3.30PM: Nifty futures closed the day at 5055, up 121 points, after touching a low of 4937 & a high of 5075.

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NIFTY OUTLOOK

Nifty had a bullish trade today except for an hour of consolidation in the middle, and closed the day at 5054, up 109 points. FIIs net bought 963cr & DIIs net sold 275cr. Nifty will now consolidate above 5000 for 3-4 trading days to facilitate a systematic distribution before an imminent correction.
Nifty levels for 14.10.09 (Wednesday) are: PIVOT 5022, R1 5100 & R2 5145, S1 4977 & S2 4900.

WEEKLY REPORT ON NIFTY BY kadiyali - 10.10.09 (Saturday)

WEEK GONE BY

Nifty traded during the week within a trading range of 4921-5077, fully respecting its current resistance of 5100 & support of 4900, and closed the week at 4945, down 138 points. The high of the week of 5077 was recorded on Wednesday and the low of the week of 4921 was touched on Tuesday.  Nifty has closed the week at 4945, below its 5 days' average of lows of 4982, which is a bearish sign going forward.

WEEK AHEAD

Having closed below its 5 days' average of lows for the week, Nifty is getting into bears' grip with a downward target of 4700 for this expiry. However, the expectations of Q2 results coupled with ensuing Deepavali festival will enable nifty to respect its strong support of 4900 on closing basis during next week, and may even trade above 5000 towards the close of the week. The trading range for nifty for the week is likely to be 4890-5060.

STRATEGY FOR THE WEEK

1. If you are long, hold your long position to cover well above 5000.

2. If you are short, cover your position if nifty slips close to 4900.

STOCK RECOMMENDATION

Stay invested in mid/small caps shares because even if nifty may correct from current levels, only the large cap index shares may fall along with nifty. Take advantage of bear hammering going on in telecom shares, and BUY Bharti Airtel & Rel Communications on every dip.

BUY 3I INFOTECH (cmp 95) for a short term target of 120 by 31.12.09 & a long term target of 200 by 31.10.2010.

BUY ROLTA INDIA (cmp 185) for a short term target of 230 by 31.12.09 & long term target of 400 by 31.3.2011.

OPTION RECOMMENDATION

I have decided to stop giving options recommendations in my Weekly Reports & restrict the same  only in paid blog Kadiyali Options. Those who are interested to become members of the said paid Options Blog  may register their name by sending email to fiftypointsaday.blogspot.com, so that any slots available will be offered to those who have registered for the same.

STOCK PORTFOLIOS BLOG

As on date we have two blogs, i.e. 1) fiftypointsaday which is a free blog without any restrictions as to number of members, 2) kadiyali options which is a paid service restricted to only 100 members. We are now opening our third blog namely STOCK PORTFOLIOS BLOG, which will guide small investors to build their portfolios for a profitable investment. This blog though not a paid service is restricted to only 100 members. We have already received requests from more than 150 investors for an access into the said portfolio blog, and we are in the process of sending our invite to 100 members after a small screening. The blog will start on 14.10.09, and selected investors will receive their invite by the said date.

ANNOUNCEMENT

We have withdrawn the facility of comments by readers/visitors of this blog (fiftypointsaday)  to make the blog more presentable to them. If any of the readers/visitors have any querries on my recommendations, they may use the platform of MoneyControl Message Board (MMB) by raising the querries  to my id there 'kadiyali', and all those querries will be replied expeditiously if the querries are raised from genuine ids.

DAILY REPORT ON NIFTY BY kadiyali - 09.10.09 (Friday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 5020 against its previous close of 5001, and is currently trading at 4990. It has so far recorded a HIGH of 5027 & a LOW of 4972. Asian cues are positive, US futures are just flat, and European markets may open in negative after yesterday's robust gains. The trading range for NF is likely to be 4920-5030.

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Updates on Trading Calls

1. RIL call given to buy at 2130 for a short term target of 2300. Hold till target is achieved.

2. IFCI call given to buy at 56 for a short term target of 75. Hold till target is achieved.

3. Suzlon call given to buy at 84.50 for a short term target of 100. Hold till target is achieved.

4. TTNL call given to buy at 35 for a short term target of 50. Hold till target is achived. Last two days, all telecom shares ended in red. TTML ended both days in green.

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Nifty SMS Group Record

1. Total Trades:               4

2. Winning Trades:          1

3. Losing Trades:             3

4. Points Gained:              3

5. Points Lost:                 57

6. Net Gain:                   - 54

7. Month Target:           200

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Market Closing Report

3.30PM: Nifty futures closed the day 4931, down 70 points, after touching a low of 4923 & a high of 5027.

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NIFTY OUTLOOK

Nifty had a bearish day of trading today, tanking almost 100 points from the day's high, and closed the day at 4945, down 57 points. FIIs net sold 44cr & DIIs net bought 86cr. Nifty is likely to respect its current support of 4900 till Deepavali, after which a sudden fall towards 4700 is on the cards.
Nifty levels for 12.10.09 Monday are: PIVOT 4971, R1 5007 & R2 5069, S1 4909 & S2 4873.

DAILY REPORT ON NIFTY BY kadiyali - 08.10.09 (Thursday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4999 against its previous close of 4975, and is currently trading at 4988. It has so far recorded a HIGH of 5022 & a LOW of 4980. Asian cues are positive, US futures are in green, and European markets may open in positive today. The trading range for NF today is likely to be 4970-5060.

Market Closing Report

3.30PM: Nifty futures closed the day at 4986, up 10 points, after touching a high of 5052 & a low of 4972.

Stock Portfolios Blog

We have received more than 120 requests from small investors for an invite to access our new blog "Stock Portfolios". Since the maximum number of members who can be accomodated in the said blog is limited to 100, we will send our invite after a small screening to 100 members. The blog will be open from 14.10.09, and the invite will be sent by the said date.

NIFTY OUTLOOK

Nifty had a volatile trade today, trading in positive & negative alternatively, and closed the day at 5002, up 17 points. FIIs net sold 376cr & DIIs net sold 20cr. Nifty has been closing around 5000 for the last 7 trading days, waiting for a negative trigger to fall towards its downward target of 4700.
Nifty levels for 09.10.09 Friday are: PIVOT 5006, R1 5077 & R2 5111, S1 4968 & S2 4934.

DAILY REPORT ON NIFTY BY kadiyali - 07.10.09 (Wednesday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 5070 against its previous close of 5039, and is currently trading at 5059. It has so far recorded a HIGH of 5080 & a LOW of 5046. Asian cues are positive, US futures are in green, and European markets may open flat today. Nifty will get into consolidation mode after yesterday's sharp recovery from day's low, trade RANGEBOUND, and close the day with minor gain. Trading range for NF is likely to be 5030-5080 today.

Market Closing Report

3.30PM...Nifty futures closed the day at 4975, down 64 points, after touching a high of 5080 & a low of 4964.

NIFTY OUTLOOK

Nifty again succumbed to heavy selling pressure above 5050 levels today and closed the day at 4985, down 42 points. FIIs net bought 634cr & DIIs net bought 301cr. Nifty may trade above 5000 levels for a few more days on possible positive sentiments created by surprise bonus from RIL on Thursday & equally surprise better than expected Infosys results to be announced on Friday, before restarting its downward journey to test its strong support at 4900 for the third time.
Nifty levels for 08.10.09 Thursday are: PIVOT 5012, R1 5051 & R2 5116, S1 4947 & S2 4908.

DAILY REPORT ON NIFTY BY kadiyali - 06.10.09 (Tuesday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 5030 against its previous close of 5008, and is currently trading at 4957. It has so far recorded a HIGH of 5032 & a LOW of 4943. Asian cues are positive, US futures are in red, and European markets may open in positive today. Nifty will trade today in negative for the first half of the session, and will recover to positive in the second, and may close the day in positive with small gain. Trading range for NF is likely to be 4930-5050.

Stock Portfolios Blog

Our new blog STOCK PORTFOLIOS will start on 14.10.09. We will send the invitation to small investors who have applied just before this date. Those who have applied are requested NOT to send reminders to us.

Trading Calls

12.33PM: BUY SUZLON (cmp 84.50) for a short term target of 100 by 31.10.09.

Market Closing Report 

3.30PM: Nifty futures closed the day at 5038, up 30 points, after touching a high of 5046 & a low of 4918. As indicated in my 11am report, Nifty traded in negative for the first half of the session, recovered to positive in the second, and closed the day with a small gain of 21 points.

NIFTY OUTLOOK

Nifty had a volatile trade today, first falling by more than 100 points from its opening level, then recovering again more than 100 points from its day's low, and closed the day at 5027, up 24 points. FIIs net sold 157cr & DIIs net sold 767cr. It is for the second time nifty found strong support at 4900, and next time when it falls towards 4900, it may breach the support.
Nifty levels for 07.10.09 Wednesday are: PIVOT 4994, R1 5068 & R2 5108, S1 4954 & S2 4881.

DAILY REPORT ON NIFTY BY kadiyali - 05.10.09 (Monday)

Nifty Futures 11AM Call

11am...Nifty Futures opened today at 5000 against its previous close of 5069, and is currently trading at 5036. It has so far recorded a HIGH of 5045 & a LOW of 4995. Asian cues are negative, US futures are in green, and European markets may open today in positive. Nifty having opened gap down will recover all its day's loss by the end of the day, and may close today just flat. Trading range for NF today is likely to be 4990-5070.

Trading Call

12.30pm: BUY RIL (cmp 2130) for a short term target of 2300 by 15.10.09.

Market Closing Report

3.30pm: Nifty futures closed the day at 5012, down 57 points, after touching a high of 5054 & a low of 4995.

NIFTY OUTLOOK

Due to negative global cues, Nifty had a bearish trade today, trading in negative throughout the day, and closed the day at 5003, down 80 points. FIIs net sold 310cr & DIIs net sold 568cr. Nifty now is hanging near the peak on a delicate thread of Q2 expectations looking at a certain target of 4700.
Nifty levels for 06.10.09 Tuesday are: PIVOT 5024, R1 5055 & R2 5108, S1 4971 & S2 4940.

ANNOUNCING OPENING OF STOCK PORTFOLIOS BLOG

FIFTYPOINTSADAY team is pleased to announce opening of a new blog STOCK PORTFOLIOS with the objective of assisting SMALL INVESTORS to build their portfolios in stocks with inputs available in the said blog. The following are the features of the portfolio blog:

1. URL: The URL of the blog is Stockportfolios.blogspot.com, and a link has been provided in this blog. Members just need to click VIEW COMPLETE PROFILE in this blog to get the said link.

2. PURPOSE: The blog will assist in building 3 kinds of Portfolios namely (a) Normal Portfolio with Sectoral Allocation of funds with a size of One Lakh to 10 Lakhs, (b) Multibagger Portfolio with investment exclusively in 'multibagger picks' identified by us without any sectoral allocation in mind, with a size of 50,000 to 5 Lakhs, and (c) HRHR Portfolio - High Risk High Reward Portfolio for investment in companies with unproven management but with an apparently potential line of activity, with a size of 10,000 to 1 Lakh.

3. SCOPE: The blog will have weekly postings with details of stocks identified for investment in all the 3 kinds of portfolios, and members can raise comments on any of the stocks, and the comments will be expeditiously replied to enable the members to take a decision regarding investment. Postings also will be made daily informing the stocks bought/sold, so that those members who want to follow the investment can do so.

4. FLEXIBILITY: The members will have total flexibility to go in for all the three portfolios following our investment, or to go in for only one or two portfolios, or go for their own portfolio selecting the shares from among the ones invested in our three portfolios. It is also not necessary that the members need to have the size of the portfolio in ready cash as all the 3 portfolios envisage investment in a phased manner.

5. MONTHLY NAV: The detailed Monthly Net Asset Value (NAV) will be posted as on last day of every month to enable members to judge the performance of the portfolios/stocks.

6. MEMBERSHIP: The Blog will be a FREE BLOG (not a paid service) but membership will be restricted on invitation from us. The maximum permitted membership will be 100, the maximum permissible in google blogs. Invitations will be issued by us upon request from interested small investors but after a small preliminary screening of the requests.

Those who are interested in becoming members of the blog may send their requests by email to fiftypointsaday@rediffmail.com, giving details like Name in Full, Place of Stay, their MMB ID, and their Follower ID of fiftypointsaday Blog. We again repeat this is NOT a paid service, and membership will be without any membership fee or monthly subscription fee but memberships will be issued strictly on First Come First Served basis, as the maximum permissible membership is restricted to 100 only.

NOTE: (A) Members of Kadiyali Options Blog need not apply, as all the posts of STOCK PORTFOLIOS Blog will be copy pasted into the Options Blog.

(B) Early Bird Members of Nifty SMS Service (those who became members on or before 30.09.09) need not apply, as a few of the earlist of Early Birds are being issued free memberships into the Options Blog, and the rest are given automatic membership of Stock Portfolios Blog.

DAILY REPORT ON NIFTY BY kadiyali - 01.10.09 (Thursday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 5064 against its previous close of 5073, and is currently trading at 5071. It has so far recorded a HIGH of 5083 & a LOW of 5051. Asian cues are mixed, US futures are in red, and European markets may open slightly higher. Nifty may trade both in positive & negative alternatively but in small range due long week end considerations & may close the day in negative. Trading range of NF today is likely to be 5020-5090.

Market Closing Report

3.30PM...Nifty futures closed the day at 5069, down just 4 points, after touching a high of 5088 & a low of 5040.

NIFTY OUTLOOK

Nifty traded indecisively today but managed to not only go beyond 5100 intraday but also almost hold previous gains, to close the day at 5083, down just 1 point. FIIs net bought 976cr & DIIs net sold 331cr. FIIs continuing to pump in money into the market may turn out to be an ill-advised move not only for them but also for the market in the short term.
Nifty levels for 05.10.09 Monday are: PIVOT 5083, R1 5110 & R2 5137, S1 5057 & S2 5030.