Monday, October 25, 2010

DAILY VIEWS ON NIFTY & STOCKS - 25.10.2010 (Monday)

Nifty Futures 11am Call

11am: Nifty Futures opened today at 6120 against its previous close of 6089, and is currently trading at 6163. It has so far recorded a HIGH of 6179 & a LOW of 6111. 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 6111-6222, and nifty is all set to close the day today above 6150 with handsome gains.

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Nifty SMS Trade

1.07PM: Bought nifty at 6136. Target 6200/6210. SL 6110.
3.25pm: Booked out at 6142. Gain just 6 points.

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14 comments:

  1. Hi Sir....GITANJALI is rocking :)

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  2. neelima, Gitanjali is a FV 10 share, and hence the future is as bright as it products.

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  3. Nifty trading strategy today is to go LONG around 6145. NF right now is trading around its day's high of 6180 giving an indication that it will not surpass this high for the day, and is likely to fall below 6150 within the next one hour. I will go LONG at 6144 with SL at 6110 for a target of 6200.

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  4. Dear Sir,

    Please have a look on MRPL, HPCL, BPCL all these OMC shares good to go long in futures with low ROW RISK of 2% SL and with tgt of 10 to 15% gain..

    Let me know your opinion

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  5. Yes....I am rally happy that I invested in GITANJALI on your guidence though sad that i didnt add more when it fell to 90 levels after my buy.
    Though its gone up a lot but still cud i ad more....if yes...at what levels ??
    Any news of Bonus during Diwali ??

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  6. NIFTY Spot finding difficult to cross 6150 ??

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  7. bb, we will only go long, and avoid sell today.

    I am expecting a level of 6140-45 for NF any time after Europe opens. We will go LONG around that level. Of course a target of 6200 for NF today looks very feasible.

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  8. Ramesh, my concentration now is more on small/medium cap stocks, which can really give us multifold gains in this just confirmed bull phase.

    Just await my picks, which will be announced in these columns in the days to come.

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  9. neelima, be content with what quantity you have bought of Gitanjali around 110. Keep the same for long term.

    We will get some other stocks to invest in very shortly.

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  10. As indicated NF has fallen below 4140. Will go LONG very shortly.

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  11. Bought nifty at 6136. Target 6200/6210. SL 6110.

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  12. Is it advicable to book profits in GITANJALI at cmp and buy again at dips. any chances of dipping below 250 in short term ??

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