Monday, November 22, 2010

DAILY VIEWS ON NIFTY & STOCKS - 22.11.2010 (Monday)

Nifty Futures 11am Call

11am: Nifty Futures opened today at 5930 against its previous close of 5890, and is currently trading at 5935. It has so far recorded a HIGh of 5947 & a LOW of 5907. Asian cues are mixed, US futures are just flat, and European markets may open in positive today. The trading range for NF today is likely to be 5900-5960 in a rangebound trade. Nifty is likely to consolidate with 2-3 days of rangebound trade, arrest further fall, before resuming its upward journey in its multi-year bull phase.

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24 comments:

  1. neelimaNovember 22, 2010 at 10:51 AM

    Good Morning Sir....welcome back :)

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  2. YashNovember 22, 2010 at 10:52 AM

    Good morning Kadiyali sir! Welcome back! Your views on NIFTY today? It seems Nifty was in oversold zone on Friday and hence seems to be recovering a bit. Spot is now @ 5938. Is it appropriate to short it now for 5880 target?

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  3. GANESH PLNovember 22, 2010 at 10:58 AM

    Good Morning Kadiyali sir and all friends...

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  4. kadiyaliNovember 22, 2010 at 11:13 AM

    Yash, it is better to be on side lines today as far as nifty trade is concerned. It is time to bottom pick fundamentally good stocks.

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  5. neelimaNovember 22, 2010 at 11:20 AM

    @ Kadiyali Sir...i m short on NIFTY @ 5922 levels....whats adviced for me ?

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  6. neelimaNovember 22, 2010 at 11:26 AM

    @ Kadiyali Sir...guide me plzz...NIFTY going up

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  7. GanpatNovember 22, 2010 at 11:27 AM

    Good Morning all and have a strong week ;-)
    Kadiyali:The details have not yet been recd.FYI

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  8. KarthikNovember 22, 2010 at 12:00 PM

    Good Morning Kaliyali ji,
    Do you also concur the views of Stan chart that India should be growing @ an ave of 9.3% GDP for next 2 decades? And hence should pick up undervalued fundamental stoks in midcap and small cap universe

    Regards
    Karthik

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  9. neelimaNovember 22, 2010 at 12:06 PM

    Any chances of going below 5900 in todays trade ??

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  10. KarthikNovember 22, 2010 at 12:16 PM

    Sir,
    Do you track Suashish Diamonds and any views on the same for short term pull back?

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  11. anshulNovember 22, 2010 at 12:20 PM

    Hi Kadiyali, I had purchased Lanco Industries 100 shares @ 62.5, what is the target and time frame for that?

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  12. kadiyaliNovember 22, 2010 at 12:39 PM

    Karthik, the bear phase which started from 2008 is now over, and whatever dip we see is due to profit taking. We have now 60:40 ratio in bulls:bears, and whenever profit taking takes place induced by external factors, bears gain temporary upper hand. By March we will see this ratio to go upto 80:20.

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  13. kadiyaliNovember 22, 2010 at 12:39 PM

    anshul, hold Lanco Industries for long term.

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  14. kadiyaliNovember 22, 2010 at 12:40 PM

    neelima, you may get a chance to come out of your short without loss.

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  15. anshulNovember 22, 2010 at 12:42 PM

    Hi Kadiyali,

    I have 500 Suzlon @ 80, 20000 Birla Power Sol @ 1.94, 300 Unitech @ 85 and 300 Satyam @ 80. Please provide your expert inputs on these

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  16. KarthikNovember 22, 2010 at 1:04 PM

    Kadiyali Ji,
    Garden silk is cooling off in this profit taking phase. Is it that all the upmove for now is done by the scrip? or Shall we average on evey fall of 5-10% of the stock for multi bagger returns?

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  17. kadiyaliNovember 22, 2010 at 1:16 PM

    Karthik, I am 100% certain of Garden Silk giving fantastic returns beyond any one's expectation, judging by my experience of Dalmia Cement and Vam Organic.

    Similarly my experience with Godrej Soaps prompts me to bet on Arvind.

    You will see Garden Silks giving bonus and stock splits, whereas Arvind will give demerged entities all doing well independently.

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  18. neelimaNovember 22, 2010 at 1:16 PM

    Kadiyali Sir....any chances of a dip in markets today....or i have to book loss in my Nifty shorts :(
    Kindly guide !!

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  19. kadiyaliNovember 22, 2010 at 1:18 PM

    anshul, I am waiting for Satyam to go above 90 once again to get out of Satyam altogether, and deploy Satyam funds into Tech Mahindra. I expect T/M to go in for merger of Satyam into T/M, and simultaneously change their name from T/M to Satyam Mahindra.

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  20. kadiyaliNovember 22, 2010 at 1:20 PM

    neelima, dont get into nifty Shorts positionally in a bull market. Nifty shorts should be only intraday with strict SL.

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  21. anshulNovember 22, 2010 at 1:25 PM

    Thanks Kadiyali! How about my query on Suzlon, Birla Power and Unitech? Please advise.

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  22. neelimaNovember 22, 2010 at 1:44 PM

    @ Kadiyali Sir....shorted NIFTY for intraonly but got trapped :(
    What shud I do now ??

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  23. neelimaNovember 22, 2010 at 3:13 PM

    Sir...plzz reply. shall i hold my Nifty shorts or book loss today itself ??

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  24. neelimaNovember 23, 2010 at 9:27 AM

    Good Morning Kadiyali Sir...whats adviced regarding Satyam...its dipping every day !!
    HATSUN is in d range of 102 to 107...my buy is @ 109...!! Whats ur target nd time frame ??
    Regards

    ReplyDelete

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