WILL NIFTY SPOT TODAY FILL THE GAP BTW 5330-5310 OR NOT ??? : SHORT M&M

WILL NIFTY SPOT TODAY FILL THE GAP BTW 5330-5310 OR NOT ???????????????? ALERT: ANY DAY NIFTY SPOT CLOSE BELOW 5300 THEN WILL HEAD FOR 5170 AND NEW LOW .....

BE CAUTIOUS ON CLOSE BELOW 5300

SELL M&M March FUT : - cmp : - 623 SL : - 638 (CL) TGT : - 602/592/575........LOT SIZE 500…TIME FRAME : - 1 - 3 DAYS…....... 

OM SHRI GANESHAYA NAMAH

BUY IRB SL 184 TRG. 189 / 192 / 194

HOPE ALL ENJOYING THE FALL .... 5560-5620 STRONG RESISTANCE ZONE ....

HOPE ALL ENJOYING THE FALL ....

AS PER ALERT MSG SEND YESTERDAY .....

5560-5620 STRONG RESISTANCE ZONE ....

LOOK FOR SELLING ON HIGHER LEVELS / FRIDAY GAINS ....

OM SHRI GANESHAYA NAMAH

5560-5620 STRONG RESISTANCE ZONE : NIFTY SPOT

5560-5620 STRONG RESISTANCE ZONE : NIFTY SPOT

OM SHRI GANESHAYA NAMAH

ONLY FOR OPTION TRADERS : expiry option call (5400PUTS + 5600 CALLS)

expiry option call

buy 5600 calls @ cmp 22 and 5400 puts @ cmp 26.50 ...

gross cost 48.50

expected target btw 60-80

VIEWS ON LNT / ROAD MAP

LNT ON CLOSE ABOVE 1585
STOPLOSS 1550
TGT 1670-1690
BOOK PROFIT IN THE ZONE

RISKY PLAYER CAN TAKE SHORT POSITION NEAR 1680
WITH STOPLOSS 1720 ON CLOSING BASIS

BULLS SHOULD WAIT FOR LEVELS BTW 1520-1480
TO RE-ENTER LONG FOR TARGET 1880-1920
WITH STOPLOSS OF 1440 ON CLOSING BASIS


OM SHRI GANESHAYA NAMAH

RISKY BET TO TRACK THE MARKET : BUT NO OTHER CHOICE AS OF NOW : FEB 5300 PUTS

RISKY BET TO TRACK THE MARKET : BUT NO OTHER CHOICE AS OF NOW

JUST KEEP AN EYE ON FEB 5300 PUTS CURRENT OPEN INTEREST IS @ 50 LACS

1) IF ON FALL OI @ 50 LACS IN FEB 5300 PUTS MOVE NEARLY @ 80 LACS

THEN GOD CAN ONLY SAVE THIS MARKET FROM THE BLOOD BATH

2) IF ON PULLBACK OI @ 50 LACS IN FEB 5300 PUTS MOVE NEARLY @ 80 LACS

THEN NOT EVEN THE GOD CAN SAVE THE SHORT SELLER

IF POINT.1 STANDS TRUE THEN MUCH MORE PAIN LEFT IN MARKET AND MAY HEAD FOR 4800 LEVEL

IF POINT.2 STANDS TRUE THEN THE LEVEL OF 5300 MAY FORM SHORT-TERM BASE FOR MARKET AND MARKET IS READY FOR A SHARP BOUNCE

NOTE: IT'S RISKY COZ OI CAN BE CHANGE IN AN HOUR

OM SHRI GANESHAYA NAMAH

NIFTY SPOT @ 5350 : ONLY FOR OPTION TRADERS

NIFTY SPOT @ 5350

OPTION TRADERS CAN MAKE POSITION IN 5200 PUTS AND 5300 CALLS

AND WAIT FOR THE NEXT MOVE TO COME IN MARKET

TARGET WOULD BE DOUBLE MIN OF THE GROSS COST (CALL+PUT)

BUT DO BUY / TAKE EQUAL QTY IN BOTH CALLS AND PUTS

OM SHRI GANESHAYA NAMAH

NIFTY VIEWS / OUTLOOK AND ROAD MAP FOR THE MONTH FEB 2011

WE DO NOT SEE ON CHARTS MARKET FALLING / CLOSING BELOW THE LEVEL OF 5310
BUT WE FEEL THAT TOMORROW I.E 07/02/2010
STOPLOSS OF RETAIL'S / BROKER'S MAY GET TRIGGER BTW THE LEVEL OF 5350-5340
IF MARKET OPEN GAP DOWN -50 - 70 POINTS USE THE LEVELS FOR BUYING
WITH STOPLOSS OF 5310 TWO DAYS CLOSING OR WEEKLY CLOSING
WE SEE ON CHARTS MARKET HEADING FOR LEVELS BTW 5750-5800 BEFORE A FURTHER LEG DOWN
 
IT IS ADVISABLE TO BOOK LONG BTW THE LEVELS OF 5750-5800
AND WAIT FOR MARKET TO GIVE CLOSING ABOVE THE LEVEL OF 5840
FOR RE-ENTERING LONG FOR LEVELS OF 6040-6170
ON CLOSE ABOVE 5840 STOPLOSS WOULD BE SEND LATER
BUT CLOSE ABOVE 5840 LOOK UNLIKELY AS OF NOW ...
TIME WILL ONLY TELL THAT

ONLY FOR RISKY PLAYER'S: ONCE BOOK LONG BTW 5750-5800
CAN TAKE FRESH ENTRY FOR SHORTS WITH SL 5840 ON CLOSING BASIS FOR 5400-5500 & BELOW

ALERT:- IF MARKET CLOSE BELOW 5310 THEN IT WILL CREATE PANIC IN MARKET
AND WILL FALL DIRECTLY TILL 4800 LEVEL IN 3-4 DAYS ONLY
CAN KEEP STOPLOSS AT 5425 ON CLOSING BASIS
HEDGE YOUR PORTFOLIO BY BUYING 5200 / 5100 PUTS ON DAY-1 CLOSE BELOW 5310

MORE UPDATE WOULD BE SEND SHORTLY AND FEW OF THE STOCK PICKS TOO


OM SHRI GANESHAYA NAMAH

FOR SILVER TRADER ... JUST FOR INFO SILVER HIT NEARLY $29 ... WE BOOKED 90%

FOR SILVER TRADER ... JUST FOR INFO SILVER HIT NEARLY $29 YESTERDAY AND OUR POSITION TARGET - 3 WAS $29.20 ... WE BOOKED 90% OF LONG POSITIONAL YESTERDAY ACCUMULATED BTW $26.60-$27.60
 MCX 41500-42800 HIT HIGH OF 44220 AVG PROFIT PER LOT 52000+


OM SHRI GANESHAYA NAMAH