JUST A THOUGH - MUST READ

THERE IS NO NEED TO SEEK IMPATINELY FOR GREATNESS FAME OR WEALTH. THE EARTH AND THE SUN DO NOT HURRY, THEY FOLLOW THEIR OWN PATH AT THEIR OWN PLACE. IF THE EARTH WERE TO ACCELERATE AND COMPLETE ONE ROTATION IN 3 HRS INSTEAD OF 24 HRS, WE WOULD BE IN BIG TROUBLE! THE MOST IMPORTANT THING IN LIFE, TOO, IS TO FIND A SURE AND CERTAIN PATH AND CONFIDENTLY ADVANCE ALONG IT.

INTRADAY SHORT NIFTY FUTURE AS PER SPOT LEVELS - SHORT ON BREAK BELOW 5600 ON SPOT

INTRADAY SHORT NIFTY FUTURE AS PER SPOT LEVELS
SHORT ON BREAK BELOW 5600 ON SPOT
TGT 5574 / 5560 / 5546 / 5533 / 5519
SL ABOVE 5630

CARRY SHORT 9 COUNTERS FOR 2-3 DAYS : BANKNIFTY - DLF - HDIL - SBI - ICICIBANK - IDFC - LIC - RELIANCE - SUNTV

SHORT BANKNIFTY BELOW 11210 SL 11260 TGT 11120 / 11060 / 10960
SHORT DLF BELOW 231 SL 233.50 TGT 226 / 223 / 219
SHORT HDIL BELOW 161 SL 163 TGT 159 / 157 / 153
SHORT SBI BELOW 2455 SL 2477 TGT 2428 / 2412 / 2385
SHORT ICICIBANK BELOW 1056 SL 1066 TGT 1048 / 1040 / 1027
SHORT IDFC BELOW 137 SL 139.30 TGT 134.70 / 133.40 / 131
SHORT LIC BELOW 221 SL 223.50 TGT 218 / 216 / 213
SHORT RELIANCE BELOW 867 SL 876 TGT 858 / 852 / 843
SHORT SUNTV BELOW 326 SL 336 TGT 318 / 313 / 305

ALL CASH AND SPOT LEVELS

NIFTY SPOT INTRADAY LEVELS

ABOVE 5602 WILL MOVE FOR 5615 / 5628 / 5656 / 5669
BELOW 5560 WILL MOVE FOR 5546 / 5533 / 5519 / 5505

UPDATE: NIFTY AHEAD - NIFTY SPOT EOD CHART DT 15 JULY 2011 - TREND BEARISH ON CLOSE BELOW 5580

NIFTY SPOT EOD CHART DT 15 JULY 2011
FROM LAST TWO TRADING SESSION NIFTY HAD BEEN FACING SELLING PRESSURE FROM THE HIGHER LEVELS WITH VOLUME

DURING THE SAME WHAT WE HAVE NOTICE IN OPTIONS
1) WHEN MARKET RISE
CALL ARE NOT RISING MUCH AND PUT ARE FALLING LESS
2) WHEN MARKET IS FALLING
PUT ARE RISING MUCH HIGHER COMPARE TO CALLS AND CALL ARE FALLING MORE

AS PER OPTION DATA FROM LAST 3 TRADING SESSION AND FII OPTION DATA
WE SEE BUYING IN 5500 PUTS THEN PUT WRITTING WHAT OTHER ARE ASSUMING

NOW WE COME TO NIFTY IF ON MONDAY NIFTY SPOT MANAGE TO CLOSE BELOW 5580 THE TREND FOR COMING DAYS WILL TURN BEARISH AS PER THE LOWER SUPPORT TRENDLINE SHOWN IN CHART

HOW EVER BELOW 5580 TWO MINOR SUPPORTS COMES AT 5530 AND 5505, IF NIFTY SPOT MANAGE TO SUSTAIN BELOW 5495 WITH VOLUME THEN WE MAY SEE A INTRADAY FREEFALL TILL 5440-5420

SO ON MONDAY ONE CAN TAKE RISK OF FEW POINTS AND SHORT ON RISE FOR TGT 5430 / 5340 / 5260 WITH KEEPING TWO MINNOR SUPPORT IN MIND AND CLOSING BELOW 5580 IS MUST HOWEVER IF CLOSING ABOVE 5580 ONE SHOULD TAKE AN EXIT FOR CONFIRMATION NIFTY NEED TO CLOSE BELOW 5580 ON TUESDAY AS WELL

FOR CARRY STOPLOSS WILL REMAIN THE SAME AS GIVEN ON THURSDAY FOR CARRY AND SHORT ON BREAK BELOW 5620 FOR TGT 5580-5560-5540 WITH SL 5655 CLOSING ON NIFTY SPOT
ALL ABOVE SPOT LEVELS

SHORT ACTIVE ON BREAK BELOW 5573 ON NIFTY SPOT FOR FOR 5546 / 5519 / 5495 SL 5603 - AND IF ANYONE WENT LONG AT 5631 NIFTY SPOT - DID IT EVEN SUSTAIN FOR SECONDS ... NO IT DID NOT

UPDATE + INTRADAY TRADING LEVELS AS PER SPOT : NIFTY SPOT BEARISH BELOW 5540

NIFTY SPOT BREAK AND SUSTAIN BELOW 5540 WILL TGT 5520-5500

HOW EVER IF MARKET BREAK AND SUSTAIN BELOW 5495 FREE-FALL TILL 5440-5420

SPOT LEVELS - INTRADAY TRADING

BULLISH ABOVE 5630 FOR 5657 / 5683 / 5708 SL 5600

BEARISH BELOW 5573 FOR 5546 / 5519 / 5495 SL 5603

TGT 1 DONE NIFTY SPOT 5620>>>>5580 IN MINS

INTRADAY / CARRY SHORT NIFTY FUT AS PER SPOT LEVELS - SHORT ON BREAK BELOW 5620 SL ABOVE DAY HIGH TGT 5580-5560-5540

JUST IN : vat up on cigrates in tn - ON ITC WE HAVE A TGT BTW 182-178

YESTERDAY LOW STILL NOT BROKEN ON NIFTY SPOT - IF BREAK THEN A SIGN OF WEEKNESS - WE WOULD BE TAKING FRESH CARRY SHORT BELOW 5495 ON NIFTY SPOT

GOOD MORNING ALL SHORTLY WILL BE POSTING THE VIEWS / LEVELS ALONG WITH CHART

YESTERDAY WE CLOSED ALL NIFTY / STOCK FUTURE SHORTS
PLUS FEW PUTS WE BOUGHT AS IT WAS AND HAS CLOSED ABOVE
OUR LEVEL OF 5580 ON NIFTY SPOT.
NOW IF MARKET FALL'S FROM HERE OUR BAD LUCK.
NOTHING TO WORRY WE SHORTED FROM 5720-5740
SO WE HAD GOOD POINTS IN HANDS
SHORTLY WILL BE POSTING THE VIEWS / LEVELS ALONG WITH CHART
CURRENTLY WE HOLD JUST SHORT IN ONE COUNTER
I.E ITC AS WE SEE CLEAR DISTRIBUTION IN THE COUNTER

NIFTY SPOT BELOW 5580 CLOSING BASIS TREND IS BEARISH ONLY

OUR VIEWS AND LEVEL REMAIN THE SAME 5580 CLOSING NIFTY SPOT

IF CLOSING ABOVE THEN CLOSE ALL NIFTY FUT AND STOCK FUT SHORT

BELOW 5580 TREND IS BEARISH ONLY TGT 5430 / 5340 / 5260

INTRADAY SHORT NIFTY FUTURE CMP 5576-5578 WITH SL 5590 TGT LATER - BUY 5500 PUTS CMP 54-55 SL 50 TGT 65-75

SL HIT

POSITIONAL SELL DCB BELOW 60 - USE INTRADAY RISE TO SHORT NIFTY - SL 5580 CLOSING NIFTY SPOT

POSITIONAL SELL DCB BELOW 60
TGT 54-53 / 49-47 CARRY SL 63 CLOSING
EXIT INTRADAY IF CLOSE ABOVE 60

CASH LEVELS

USE INTRADAY RISE TO SHORT NIFTY - SL 5580 CLOSING NIFTY SPOT

ONLY FOR INTRADAY PLAYERS --- NIFTY FUTURE WILL NOT MOVE BEYOND 5545-5550 IF WISH ONE CAN SHORT FOR INTRADAY WITH SL @ 5551 TGT NEW LOW

:::European bank stocks are now trading like technology stocks did before the bust of the early 2000s, Peter Toogood, Director of Investment Services at Old Broad Street Research ::: Brazil gorges on credit-card debt, and economists worry it could threaten

NIFTY SHORT UPDATE : OPEN GAP-DOWN - NOW TRADING BELOW 5580 - NOW WHAT NEXT

NIFTY SHORT UPDATE
NIFTY SPOT OPENED GAP-DOWN @ 5556.90 MADE A LOW OF 5535.45 ON OPENING TRADE

NOW TRADING @ 5573 WITH HIGH MADE @ 5577.65


WHAT NEXT : ONE CAN ADD AND TAKE A FRESH SHORT AT CMP

IF WISH CAN EVEN BUY 5500 OR 5400 PUTS KEEP SL @ 5580 ON NIFTY SPOT CLOSING BASIS

FOR PREV AND FRESH SHORTS FOR TGT 5430 / 5340 / 5260
IF SOMEHOW NIFTY SPOT MANAGE TO CLOSE ABOVE 5580 WE WILL EVEN CLOSE ALL FUT OPEN SHORTS

INFOSYS RESULT - JACKPOT OPTION HEDGE BUY

INFOSYS RESULT - JACKPOT OPTION HEDGE BUY
BUY 3000 CALL CMP 54 & BUY 2800 PUT CMP 41
COSTING 95 ... EXPECTED PREIMUM 140-180

OUT OF 14 COUNTER 7 COUNTERS ACTIVE ON BREAK BELOW RATE ALL CASH LEVELS

OUT OF 14 COUNTER 7 COUNTERS ACTIVE ON BREAK BELOW RATE ALL CASH LEVELS
AXISBANK-1300, BHUSGNSTL-438, HDFC-710, IDFC-132.30, INFY-2960 , JSWSTEEL-875, POWERGRID-108, TATASTEEL-590
IF CLOSING ABOVE THE ABOVE RATES THEN EXIT - ELSE HOLD FOR TGT's

FOLLOWING COUNTERS WILL GET ACTIVE ON BREAK BELOW
IFCI - 46.40, TATAPOWER - 1270, RELCAP- 578, RCOM - 96.40, KOTAKBANK - 470