Wednesday, January 19, 2011

DAILY VIEWS ON NIFTY & STOCKS - 19.01.2011 (Wednesday)

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STOCK FUTURES TRADES
19.01.2011: Bought one lot (250) of Colgate Palmolive Feb Series @ 843.00.

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MY SIP PORTFOLIO HOLDIGS:
1. Colgate Palmolive
2. MRF
3. Abbott
Buy the above shares in small lots of 1/2/3 shares every month out of your savings or profit booked in shares, build up wealth slowly & steadily.

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NIFTY FUTURES 11AM CALL
11am: Nifty Futures opened today at 5740 against its previous close of 5732, and is currently trading at 5737. It has so far recorded a HIGH of 5740 & a LOW of 5710. 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 5710-5790.
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INTRADAY NIFTY TRADE

1.48pm: Bought nifty at 5686. Target 5740/5760. SL 5679.

2.35pm: SL hit at 5679. Loss 7 points.

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TRY THIS OUT FOR INTRADAY NIFTY TRADE

1. Look at the NF range recorded till 11am given in my 11am nifty view.

2. Go long at 10 points +/- the morning low. If you are going long 10 points above the morning low, keep SL 1 point below the morning low. If you are going long 10 points below the morning low, keep SL at 31 points below morning low.

3. Go short at 10 points +/- the morning high. If you are going short 10 points below the morning high, keep SL 1 point above morning high. If you are going short 10 points above morning high, keep SL 31 points above morning high.

4. For example, if the 11am range is 5710-5740, you can go long either at 5720 or at 5700. If long at 5720, SL is 5709. If long at 5700, SL is at 5679.

5. Similarly, you can go short either at 5730 or at 5750. If short at 5730, SL is 5741. If short at 5750, SL is at 5771.

6. Target should always be 10 points above morning high if long, and 10 points below morning low if short.

Complete an exercise of paper trading of Nifty Futures trading for next 10 trading days based on above rules, and look at the results yourself.

Call this as Kadiyali's 6 points Formula for Nifty Intraday Trading.

kadiyali.

24 comments:

  1. Hello Friends,

    Here is an invitation to build up wealth. Gradually develop a SIP portfolio by investing regular funds into those shares which can enable you to build up decent wealth.

    The shares selected by me for this purpose are Colgate (FV 1 - CMP 835), MRF (FV 10 - CMP 6400), and Abbott (FV 10 - CMP 1200).

    ReplyDelete
  2. Hi and good morning. We have been waiting for u. No doubt u have been great help for all of us here.
    But dont u think we deserve to b atleast intimated if u r not able to log in. we do need u in times of distress and ur unintimated absence scares us .
    plzz do keep this in mind
    regards

    ReplyDelete
  3. neelima, I believe only in intraday trades, and investments. Only from today I am starting stock futures in selected risk free counters. In such a scenario, there is nothing called times of distress. When we enjoy when the shares invested by us appreciate, we should be prepared to face when stocks do depreciate. Utilise depressed condition to buy more of stocks because the current journey is towards nifty 15K level, nothing less.

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  4. Still....we need ur presence from time to time. I guess and hope u can understand

    ReplyDelete
  5. Kadiyali Ji, Why have u stopped your options calls?

    ReplyDelete
  6. What's your view on this expiry? Where will nifty stand during January expiry?

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  7. Sudipto, under FnO only intraday nifty trade is good. We will attempt stock futures in some selected counters, holding only one or maximum 2 positions at a time. Once we do good profits in stock futures, we will venture again into out of money options.

    Nifty is likely to close this expiry well above 5800.

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  8. Cud u plzz explain the term OUT OF MONEY

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  9. neelima, if buy 5700CE now when nifty is trading above 5700, you are buying an In-the-Money call. If you buy 5800/5900CE now, they are out Out of Money calls.

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  10. Hi Jay...shall i keep a SL at 5740 for my NIFTY Futures ??

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  11. surely locked your profit now....though I am not aware of your cost.
    Though my target is 5764-67 but still market is not going as per my wish...so, better one in hand is much better than two in bush.

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  12. As indicated a small resistance(weak) have seen around 5757, Nifty future made a high of 5753.95 and comes back and presently trading around 5739-40 area.
    I still believe my first target of 5764-67 will be achieved today. I may be wrong also as MARKET IS SUPREME.

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  13. Nifty futures have fallen into discount to the spot from the morning premium. It may remain in discount till nifty spot recovers above 5700.

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  14. Booked loss of 10 points on my 3 lots of Mini Nifty.
    Entered again 1 lot Mini @ 5694

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  15. neelima, try out my 6 Points Formula for intraday nifty trades. You can place both long as well as short trades simultaneously. Whichever comes first, hold the same, and cancel the other.

    ReplyDelete
  16. Kadiyali:

    Would you care to disclose here to us why you vanish w/o any information?Though we are not paying you anything,some small courtesy demands that simple feed back!

    Have you collected the details of the date of rec and price of some of your recs I had given here.You promised for the same more than two months back

    Should we add Trend at current levels?The price has crashed from 105

    Thanks

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  17. I request all my friends here to paper trade all new trials and methodology before putting actual money.The mkt is very volatile and unpredictable and the expiry is fast approaching.Kadiyali seem to be very irregular and may come and go at his will and hence no point in blaming him for our losses.Many have lost very heavily following the FnO recs blindly.His new guideline of buying one share of COLPOL or MRF everymonth until Nifty touch 15K seems to be a good idea.Both are blue chips and we should thank Kadiyali for identifying such difficult to find scrips and also providing us with a safe methodology

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  18. Ganapat, do add Trend Electronics. Garden too.

    ReplyDelete
  19. I can see that you are putting a lot of time and effort into your post, I love every single piece of information you post here. Will be back often to read more updates!

    options trading

    ReplyDelete
  20. To sustain in stock market with long term profitability learning about market is must. Reports shared by service providers like epic research is also helpful.

    ReplyDelete