Monday, January 24, 2011

DAILY VIEWS ON NIFTY & STOCKS - 24.01.2011 (Monday)

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STOCK FUTURES TRADES

19.01.2011: Long in one lot (250 shares) of Colgate Palmolive Feb11 series @ Rs 843.

20.01.2011: Long in one lot (250 shares) of Aban Offshore Feb11 series @ Rs 709.

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NIFTY FUTURES 11am CALL

11am: Nifty Futures opened today at 5705 against its previous close of 5700, and is currently trading at 5741. It has so far recorded a HIGH of 5752 & a LOW of 5695. 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 5695-5770.

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NIFTY INTRADAY TRADES

11.45am: Sold nifty at 5757. SL 5760. Target 5715.

12.40pm: Booked out early at 5730. Gain 27 points.

12.53pm: Bought nifty at 5721. SL 5694. Target 5770.

3.28pm: Booked out in closing stage at 5743. Gain 22 points.

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NIFTY TRADES RECORD UNDER 6-POINTS FORMULA

1. Total Trades: 4
2. Winning Trades: 3
3. Losing Trades: 1
4. Points Gained: 79
5. Points Lost: 10
6. Net Gain: 69

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13 comments:

  1. neelimaJanuary 24, 2011 at 11:01 AM

    Hi All....A very good morning and have a nice day :)

    ReplyDelete
  2. kadiyaliJanuary 24, 2011 at 11:16 AM

    Nifty Futures high & low as at 11am is 5753 & 5695. Based on 6 points formula, I have placed two orders, one LONG at 5715 (SL 5694), and second SHORT at 5760 (SL 5771).

    If I cancel any of these orders, or alter SL, I will inform here.

    ReplyDelete
  3. neelimaJanuary 24, 2011 at 11:28 AM

    Long in NIFTY @ 5739 levels...what shud b my SL ??

    ReplyDelete
  4. kadiyaliJanuary 24, 2011 at 11:35 AM

    neelima, keep SL at 5694.

    ReplyDelete
  5. neelimaJanuary 24, 2011 at 11:46 AM

    Its Feb Expiry !!

    ReplyDelete
  6. kadiyaliJanuary 24, 2011 at 12:24 PM

    NF almost touched the rate (5760) at which I had placed SHORT trade by touching a high of 5759.50. Immediately altered the trade to 5757, got it executed, and lowered the SL to 5760, and now holding the short for a target of 5715, i.e. BUY rate of my second trade.

    ReplyDelete
  7. neelimaJanuary 24, 2011 at 12:30 PM

    Have placed SL @ 5750 !!

    ReplyDelete
  8. kadiyaliJanuary 24, 2011 at 12:44 PM

    Booked out early in the first trade at 5730. Gain 27 points.

    ReplyDelete
  9. kadiyaliJanuary 24, 2011 at 12:45 PM

    Altered the LONG trade to 5721 (SL 5694).

    ReplyDelete
  10. kadiyaliJanuary 24, 2011 at 1:04 PM

    LONG Trade got executed at 12.53pm. Now holding Nifty Long at 5721 with SL at 5694.

    ReplyDelete
  11. kadiyaliJanuary 24, 2011 at 1:13 PM

    HATSUN AGRO, the makers of ARUN Ice cream, is at 52 weeks' high at 136.50, despite all that nifty falls of last 3-4 weeks!!!!!

    ReplyDelete
  12. kadiyaliJanuary 24, 2011 at 3:39 PM

    Booked out at the last minute at 5743. Gain 22 points.

    With this, both the trades under 6-point formula today were successful.

    ReplyDelete
  13. shubhrasankarJanuary 24, 2011 at 7:23 PM

    Dear Kadiyali,

    Kindly share your views on Jupiter Bioscience and Simran Farms. Can they be multibagger.

    I have bought TTML 3000 shares @ 33. What to do? Whats the target in near future ?

    Best Regards
    Shubhra

    ReplyDelete

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