ANOTHER OPTION JACKPOT CALL : BUY 5700 PUTS CMP 62 AND BUY 6000 CALL CMP 48

ANOTHER OPTION JACKPOT CALL
BUY 5700 PUTS CMP 62 AND BUY 6000 CALL CMP 48
TOTAL COST 110 EXPECTED TARGET 140-160
OUR BUYING COST @102-106 (TOO VOLATILE)

OM SHRI GANESHAYA NAMAH

UPDATE ON NIFTY SHORT POSITION : REVISED STOP LOSS / TARGETS / 40% BOOK

Positional short recommended above the level of 6000 and added more below the level of 5930 hit target 1 of 5845, can book 40% of the short position at market and hold remaining position with stop loss of 5845 closing basis on nifty spot for targets 5625 and 5410.

IF MARKET MANAGE TO GIVE CLOSING BELOW 5845 TODAY THEN NEXT WEEK FOR SURE WE WOULD BE HITTING LEVEL OF 5645 ON NIFTY SPOT .

THOSE WHO ARE HOLDING POSITIONAL SHORT CAN KEEP A STOP LOSS OF 5845 CLOSING BASIS ON NIFTY SPOT .... AND EVEN FOR THOSE WHO WANT TO TAKE FRESH SHORT HERE

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK DEC 10, 2010

On Thursday, market opened flat and started falling step by step down however market faced heavy selling pressure during final hour of trading session with selling across all indices and closed down in red. Overall it was a highly volatile trading session. Volume for the day was higher then previous trading session. Market breadth was negative. Midcap and Small caps index closed down in red.

For the day, the level of 5750 and 5725 may act as a major support for the market and the level of 5810 and 5836 may act as a major hurdle. Market may remain highly volatile.
"Spot Levels" Day trader can go long on nifty above 5810 with stop loss 5780 for target 5835 / 5870 and can go short below 5750 with stop loss 5780 for target 5725 / 5690.

Positional short recommended above the level of 6000 and added more below the level of 5930 hit target 1 of 5845, can book 40% of the short position at market and hold remaining position with stop loss of 5845 closing basis on nifty spot for targets 5625 and 5410.

Index Range

Nifty: 5766.50
Range: 5690-5870
Resistance: 5810-5835-5870
Support: 5750-5725-5690

Bank Nifty: 11116
Range: 10830-11375
Resistance: 11160-11265-11375
Support: 11045-10935-10830

Short term: Down (5930)
Medium term: Down (6030)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3726.39-5022.69= -1296.3
DII:  2235.40-1407.48= +827.92

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 10th December 2010

•December's highly volatile, widely fluctuating dates are: 7,8,16,17,21,22,23,24

•Today, Moon is in the Shravan Nakshatra, whose Lord is Moon.

•Mercury is retrograde, thus, the banking sector may remain in the news.

•From 12:55 to 14:00, Nifty may make you do jobbing on the upper side.

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

UPDATE : 5800 PUTS AND 6200 CALLS WE HAVE BOOKED FULL PROFIT

5800 PUTS AND 6200 CALLS WE HAVE BOOKED FULL PROFIT

COST WAS BTW 72-80

HIT TARGET PREIMUM OF 110 AND 140 POINTS

GROSS PROFIT OF RS. 40 - 60

PLZ BOOK FULL PROFIT

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK DEC 09, 2010

On Wednesday, market opened gap-down and faced heavy selling pressure thru the day, with selling across almost all the indices and closed down in red. Banks, Realty and Metals were the biggest loser. Overall it was a highly volatile trading session. Volume for the day was lower then previous trading session. Market breadth was negative. Midcap and Small caps index closed down in red.

For the day, the level of 5885 and 5860 may act as a major support for the market and the level of 5940 and 5970 may act as a major hurdle. Market may remain highly volatile; Auto and IT may attract selling pressure.

The Short term trend will turn positive above the level of 5930.

"Spot Levels" Day trader can go long on nifty above 5940 with stop loss 5910 for target 5970 / 5995 and can go short below 5885 with stop loss 5915 for target 5860 / 5830.

Index Range

Nifty: 5903.70
Range: 5830-5995
Resistance: 5940-5970-5995
Support: 5885-5860-5830

Bank Nifty: 11460.20
Range: 11280-11625
Resistance: 11520-11570-11625
Support: 11405-11350-11280

Short term: Down (5930)
Medium term: Down (6030)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  2383.76-3868.66= -1484.9
DII:  1662.22-1253.17= -409.05

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

Astro View on Nifty 9th December 2010

•December's highly volatile, widely fluctuating dates are: 7,8,16,17,21,22,23,24

•Today, Moon is in the Uttarshadha Nakshatra in the zodiac sign ??? Capricorn, whose Lord is the Sun.

•Mars-Rahu are highly volatile in the same Navamansh; it's an unpredictable day. 

•From 11:15 to 14:15, Nifty may make you do jobbing in downward trend, and then suddenly go up. 

Source: GaneshaSpeaks

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK DEC 08, 2010

On Tuesday, market opened flat, traded weak in a range thru out the day and closed down in red. Banks and Realty attracted heavy selling whereas Oil & Gas and Metals attracted good buying. Overall it was a highly volatile trading session. Volume for the day was slightly higher then previous trading session. Market breadth was negative. Midcap and Small caps index closed down in red.

For the day, the level of 5965 and 5940 may act as a major support for the market and the level of 6020 and 6045 may act as a major hurdle. Banking, Realty and Metals may attract selling pressure.

The Medium term trend will turn positive above the level of 6030.

 "Spot Levels" Day trader can go long on nifty above 6020 with stop loss 5990 for target 6045 / 6070 and can go short below 5965 with stop loss 5995 for target 5940 / 5910.

Index Range

Nifty: 5976.55
Range: 5910-6075
Resistance: 6020-6045-6075
Support: 5965-5940-5910

Bank Nifty: 11695.30
Range: 11340-12000
Resistance: 11780-11890-12000
Support: 11560-12450-11340

Short term: Up (5930)
Medium term: Down (6030)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  2914.37-3437.20= -522.83
DII:  1240.84-1668.06= -689.66

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

NIFTY WEEKLY & DAILY OUTLOOK DEC 06, 2010

As advised last Monday look for selling only below the level of 5830 and buying above 5930, from there market rallied till the level of 6025, but on Thursday we advised to cut / book long position above the level of 6000 and also advised to take short position in nifty with stop loss of 6090 on closing basis for target 5845 / 5625 / 5410. For this week watch out level of 5930 on downside and 6090 on upside, move above or below the level will decide the next move in market. Further short position can be added in nifty below the level of 5930. Our views remain negative on market but stop loss of 6090 on closing basis on nifty spot is a must.

For the day, the level of 5970 and 5940 may act as a major support for the market and the level of 6025 and 6050 may act as a major hurdle. Banking, Realty and Metals may attract selling pressure.

 "Spot Levels" Day trader can go long on nifty above 6025 with stop loss 5995 for target 6050 / 6080 and can go short below 5970 with stop loss 6000 for target 5940 / 5910.

Index Range

Nifty: 5992.80
Range: 5910-6080
Resistance: 6025-6050-6080
Support: 5970-5940-5910

Bank Nifty: 12349.20
Range: 12180-12520
Resistance: 12410-12460-12520
Support: 12290-12240-12180

Short term: Up (5830)
Medium term: Up (5930)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3204.98-2601.51= +603.47
DII:   832.02-1521.68=  -689.66

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK DEC 03, 2010

On Thursday, market opened gap-up and traded higher in a range thru out the day with good buying in most of the indices. Metals, Realty and Banks outperformed whereas Auto and Capital Goods underperformed. Volume for the day was slightly higher then previous trading session. Market breadth was positive. Midcap and small caps index closed up in green.

For the day, the level of 5995 and 5970 may act as a major support for the market and the level of 6025 and 6050 may act as a major hurdle. Auto and IT may attract selling pressure.

Positional traders are advised to book long position above the level of 6000 and accumulate short position in nifty with stop loss of 6090 on closing basis on nifty spot for target 5845 / 5625 / 5410.  

"Spot Levels" Day trader can go long on nifty above 6025 with stop loss 5995 for target 6050 / 6080 and can go short below 5995 with stop loss 6025 for target 5970 / 5940.

The Medium term trend will turn negative below the level of 5930.

Index Range

Nifty: 6011.70

Range: 5970-6050
Resistance: 6025-6050-6080
Support: 5995-5970-5940

Bank Nifty: 12472.60
Range: 12200-12750
Resistance: 12535-12640-12750
Support: 12420-12310-12200

Short term: Up (5830)
Medium term: Up (5930)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  4114.46-3728.34= +386.12
DII:  1317.29-1542.33= -225.04

All Above Spot Levels

OM SHRI GANESHAYA NAMAH