DAILY REPORT ON NIFTY BY kadiyali - 30.09.09 (Wednesday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4992 against its previous close of 5000, and is currently trading at 5047. It has so far recorded a HIGH of 5048 & a LOW of 4992. Asian cues are mixed, US futures are in green, and European markets may open just flat today. Nifty having secured a decent gain of 50 points in the first hour, will trade rangebound for most part of the day between the current high & low, but last two hours of trade will see some sell off/profit booking, and nifty will lose all its gains & may close just flat or with minor loss. Trading range for NF today is likely to 4980-5050.

Market Closing Report

Nifty futures closed the day at 5073, up 72 points, after touching a high of 5080 & a low of 4992.

NIFTY OUTLOOK

Nifty continued its surge beyond 5000 today, and closed the day at 5084, up 77 points. FIIs net bought 1075cr & DIIs net bought 160cr. Nifty now hangs delicately on temporary liquidity.
Nifty levels for 01.10.09 Thursday are: PIVOT 5059, R1 5113 & R2 5142, S1 5030 & S2 4975.

DAILY REPORT ON NIFTY BY kadiyali - 29.09.09 (Tuesday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4997 against its previous close of 4967, and is currently trading at 5009. It has so far recorded a HIGH of 5019 & a LOW of 4992. Asian cues are positive, US futures are in green, and European markets may open just flat today after yesterday's robust gains. Nifty having opened almost 30 points gap up, will trade today RANGEBOUND due to only 3 days of trade this week, and may close the day with minor gains. Trading range for NF today is likely to be 4970-5030.

Trading Calls

1.45PM...BUY IFCI (cmp 56) for a short term target of 75 by 31.10.09, and a long term target of 100 by 31.07.10.

Market Closing Report

3.30PM...Nifty futures closed the day at 4995, up 28 points, after touching a high of 5019 & a low of 4983.

ANNOUNCEMENT

Since the starting day of this blog, I have been giving my 11AM report on Nifty Futures, first placing the same in my home page in Money Control Message Board (MMB), and then copy pasting the same here. Starting from  the 1st of October, I will start giving a MID SESSION CALL also at around 1PM, informing the likely closing level of the Nifty Futures. 

NIFTY OUTLOOK

Aided by positive global cues, Nifty today had a gap up opening & traded above 5000 for major portion of the day but in a small range of 30 points, to close at 5007, up 48 points. FIIs net bought 714cr & DIIs net bought 91cr. Nifty will have a rangebound trade throughout this week due to only 3 days of trading, after which bears are likely to gain control.
Nifty levels for 30.09.09 Wednesday are: PIVOT 4995, R1 5032 & R2 5056, S1 4970 & S2 4934.

DAILY REPORT ON NIFTY BY kadiyali - 25.09.09 (Friday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4958 against its previous close of 4998, and is currently trading at 4982. It has so far recorded a HIGH of 4996 & a LOW of 4952. Asian cues are negative, US futures are in green, and European markets may open in positive today. Nifty will have trading in both negative & positive alternatively, and may close in negative with minor loss after volatile trading due to weekend & shortened week ahead. Trading range for NF is likely to be 4930-5020.

Market Closing Report

Nifty futures closed the day at 4960, down 38 points, after touching a high of 5007 & a low 4932. As indicated in my 11AM report, nifty traded in both negative & positive alternatively, and closed the day in negative with minor loss of 28 points after volatile trade in almost the range of 4930-5020 indicated above.

NIFTY OUTLOOK

Nifty had a volatile trade today due to week end & a shortened week ahead, and closed the day in negative at 4959, down 28 points. FIIs net sold 38cr & DIIs net bought 227cr. Nifty has been slowly falling into sell on rise zone due to sell off above 5000, and is likely to keep sliding, unless bulls manage to give nifty a close above 5000.
Nifty levels for 29.09.09 Tuesday are: PIVOT 4961, R1 4992 & R2 5025, S1 4929 & S2 4898.

POTENTIAL MULTIBAGGERS

In my Home Page in MoneyControl Message Board(MMB), I have been since 20.06.09 listing out  shares which in my opinion have the potential to give capital appreciation of minimum 5 times & possibly even 10 times the capital invested, in 2-3 years. One should buy a cluster of such shares rather than solitary one or two cases, because I feel if we invest 10 of these listed shares, as much as even 7 of them will turn out MULTIBAGGERS. The listing will be done with details like Name of the Company, FV, CMP, Date Listed & Downward Risk (DR). Once downward risk percentage is completed, one should AVERAGE the investment with equal number of shares bought earlier. Similarly, if the investment made doubles, one should sell 50% of the holdings to make the balance free, so that the investment taken out can be deployed in some other potential multibaggers.

The following are the shares listed out by me as Potential Multibaggers:

1. ARVIND - FV 10 - CMP 28 - 20.06.09 - DR 40%.

2. BALAJI TELEFILMS - FV 2 - CMP 55 - 20.06.09 - DR 15%.

3. NTPC - FV 10 - CMP 190 - 08.07.09 - DR 15%.

4. ATLANTA - FV 10 - CMP 70 - 11.07.09 - DR 15%.

5. GARDEN SILK - FV 10 - CMP 78 - 19.08.09 - DR 10%.

Out of the above 5 shares, ATLANTA has DOUBLED from the recommended price, as today the CMP of the share went beyond 140. Those who have bought ATLANTA at 70 or below following the above recommendation, may sell 50% of the holdings to make the balance 50% free, so that the investment so taken out can be deployed in some other Multibagger pick.

FIFTYPOINTSADAY wishes all its members, readers & visitors A HAPPY DASARA FESTIVAL.

DAILY REPORT ON NIFTY BY kadiyali - 24.09.09 (Thursday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4930 against its previous close of 4963, and is currently trading at 4909. It has so far recorded a HIGH of 4938 & a LOW of 4908. Asian cues are mixed, US futures are in red, and European markets may open in negative tracking Wall Street losses. Nifty will have a volatile trading today being the last day of Sept expiry, trading in negative all through the day, falling even below 4900 towards the middle of the session, but is likely to recover smartly towards the end to post a close above 4900. Trading range for NF is likely to be 4870-4950.

Market Closing Report

Nifty futures closed the day at 4986, up 23 points, after touching a high of 4995 & a low of 4908.

DAILY REPORT ON NIFTY BY kadiyali - 23.09.09 (Wednesday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 5019 against its previous close of 5030, and is currently trading at 5009. It has so far recorded a HIGH of 5026 & a LOW of 5000. Asian cues are mixed, US futures are flat, and European markets may open in positive today. Nifty may trade with high volatality but within a small range of 70-80 points due to nearness to expiry. Trading range of NF today is likely to be 4970-5040. 

Market Closing Report

Nifty futures closed the day at 4966, down 66 points, after touching a high of 5026 & a low of 4951.

NIFTY OUTLOOK

Nifty continued its trade above 5000 for a substantial part of the day but faced last hour sell off to close at 4970, down 50 points. FIIs net bought 1749cr & DIIs net bought 500cr. Nifty will now test its next support at 4930, the breaking of which can see a steep fall.
Nifty levels for 24.09.09 Thursday are: PIVOT 4986, R1 5015 & R2 5060, S1 4941 & S2 4912.

DAILY REPORT ON NIFTY BY kadiyali - 22.09.09 (Tuesday)

Nifty Futures 11AM Call

11AM...Nifty Futures opened today at 4975 against its previous close of 4978, and is currently trading at 5014. It has so far recorded a HIGH of 5023 & a LOW of 4972. Asian cues are mixed, US futures are in green, and European market may open slightly in positive today. Nifty may have a range bound trade today, and NF may trade in the range of 4970-5040.

Market Closing Report

Nifty futures closed the day at 5023, up 45 points, after touching a high of 5047 & a low of 4972.

NIFTY OUTLOOK

Nifty continued its bullish trade today to trade almost the entire day above 5000 level, and closed the day at 5020, up 44 points. FIIs net bought 853cr & DIIs net sold 539cr. Nifty is already in an overbought zone & constant caution is called for against 'book & reverse' emerging.
Nifty levels for 23.09.09 Wednesday are: PIVOT 5011, R1 5045 & R2 5070, S1 4986 & S2 4952.

PAID SMS GROUP FOR NIFTY FUTURES TRADING

Final Call for Early Bird Discount

Fiftypointsaday has announced starting of a PAID SMS GROUP for Trading Calls for trading in Nifty Futures. The Group will start from 01.10.2009. Under the scheme, trading calls will be given by SMS on mobile phones of the members whenever our team finds opportunity for earning 50 points on any trading day with clear Entry Level, Stop Loss & Target. The membership will be on payment of an one time Membership Fee & a monthly Subscription Fee.

This is the FINAL CALL for availing Early Bird Discount. Under the Early Bird Discount, those who become members by payment of the one time Membership Fee on or before 30.09.09 will get waiver of monthly subscription for 4 months till 31.01.2010.

Those who are interested in enrolling as members may contact by email to fiftypointsaday@rediffmail.com, and avail of the Early Bird Discount on or before 30th of this month.