Wednesday, October 20, 2010

DAILY VIEWS ON NIFTY & STOCKS - 20.10.2010 (Wednesday)

Nifty Futures 11AM Call

11AM: Nifty Futures opened today at 6017 against its previous close of 6044, and is currently trading at 6062. It has so far recorded a HIGH of 6068 & a LOW of 6012. Asian cues are mixed, US futures are in green, and European markets may open little changed today. The trading range of NF today is likely to be 6010-6120. Nifty will close the day in green.

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Nifty SMS Trade

12.23PM: Bought nifty at 6020. Target 6090/6100. SL 5999.

3.15PM: SL hit at 5999. Loss 21 points.
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40 comments:

  1. Dear Sir,

    Good morning, I am not sure why i am not getting your SMS calls on my mobile, Can you check at your end?

    At what level you are looking for long for the day?
    Thanks,
    Ramesh.

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  2. Ramesh, NF is trading very close to a BUY level of 6040 now . Can go long any time now with SL at 5999.

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  3. Thanks sir,

    Can you check HDIL and looks like it does not participated in rally and consolidating between 260 to 280 level

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  4. Good Morning Sir, Have bought 1 lot of Mini Nifty Nov expiry @ 6087...at what levels its adviced to add more ??
    Plzzz guide

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  5. Neelima, bulls (read FIIs) have tasted blood. They will not give up till nifty goes past its previous life time high.

    Oct NF now trading at 6045, may fall within next one hour very close to its day's low of 6012.

    NF Oct level of 6025-30 should be a good level to go long with SL at 5999.

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  6. Dear Sir,

    Good morning.

    Can we go long at current level

    Regards,

    ashok

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  7. Ashok, avoid being on the short side today.

    Go long around 6025-30 which is definte to be seen within an hour.

    We will see NF closing above 6100 level today.

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  8. Hope ur words come true and v see a new high in this expiry itself :)
    Whats adviced...shall i hold my mini nifty nd add more at ur levels or come out of it at minimal loss and go long again at lower levels
    plzz guide

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  9. neelima, hold your Nov mini as positional. Do average if your see a level of 50 points below your BUY rate.

    All lows will be bought into and recovery will be very swift.

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  10. That wud b just amazing...waiting eagerly

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  11. Sir, Ur views on UNITECH...any chances of 100 levels within this expiry ??

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  12. neelima, Unitech as I said is under my radar. Will give a buy call for long term at right time. Wait.

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  13. good morning kadiyali nice to see u after a long time.

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  14. neelima, I had already indicated nifty is good buy at 6025-30 with SL at 5999.

    Bought at 6020 with SL at 5999 with target of 6090/6100.

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  15. OK Sir...i didnt average though but holding my mini nifty as u adviced !! What levels i may look for as its Nov Expiry and in Prem !!

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  16. Great Show....Hats off to u Sir !!

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  17. Sir

    nifty not able to cross NF 6065

    Shall we hold

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  18. Without any offense meant to anybody,I wish to caution my friends here about the perils of day trading in FnO.Kadiyali ofcourse is sincere but the hands which are controlling the mkt are a million times stronger.So play safely and with a strict SL to suit one's purse.Today with just 2 hrs to go for the closure,Nifty can close anywhere between 5900~6100.
    Good Luck

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  19. Hello everybody,
    Nice to see you all again.
    Thanks Kadiyali

    Jay

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  20. Ashok, hold the NF long with SL at 5999.

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  21. Ganapat, no trading in FnO except nifty futures day trading. That too with proper SL in place. Options trading only if we have trading profits in NF. However due to previous bad experience, I will not recommend any options trade in this blog.

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  22. Our Hind Comp is on ET NOW news.. Company plan for buy back news. Board meet on Oct 22.

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  23. Sir, shall i hold my MINI NIFTY Nov Expiry ?? Whats d target in short term ??

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  24. Hi Kadiyali:
    Whats you call on Tata Tea?

    Regards
    bb

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  25. Neelima, NF now at 6019. Right time to average your positional nifty if not already done. Tomorrow we will have slightly gap up opening.

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  26. sara, hold Hind Composites. Their group company JL Morrison is too under my radar.

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  27. bb, Tata Tea like Colgate & MRF is a gewel in the crown. Good stock to have it for long long term.

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  28. NIFTY is scaring me now. if i may ask what levels u see in nifty futures by expiry ??

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  29. neelima, dont go by expiry levels. First target for Nifty is 6800, may come well before 31st Dec.

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  30. I guess i shud play safe in this uncertain markets. better to wait for tommorrow

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  31. Thanks u sir, today i added Moser baer also.

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  32. dear kadyali,can i buy moser baer for a year,with a view to double my profits.

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  33. also i wud like to know ur views on navin fluorine fr a long term investment

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  34. Rashmi, target of 120 for Moser Bear is easy in one year. But I would hold the same for at least 3-5 years, as we should invest in their business rather than the stock.

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  35. Where r u Sir....No outlook today...have been waiting eagerly !

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  36. Neelima, nifty views already posted long back.

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