29th OCTOBER NIFTY VIEW.

Yesterday the FNO settlement ended amidst lot of volatility, on a downward bias. However, Nov Nifty Future traded at a premium of 70 points leaving hopes of continuation of the up move. The fact that Nifty Future closed below 6000 itself indicates weakness.

Today is an important day, as it is a last day of the weak/month. Any close below 6100 should be considered as the first sign of weakness on the monthly chart. This will confirm my apprehensions of market top in the 144th week (6318) from the previous high of 6336 in Jan 2008.

Though Nifty Future has 0.382 level support at 5950, what is important is the how far the Nifty Future is able to bounce. Further up side should be expected only if Nifty Future manages to go above 6065.

On the down side 5950 will act as a good support.

Will post regular weekly post tomorrow.

All the best.

RELIANCE 1100 CA NOW @ 8

RELIANCE 1100 CA @ 4 TO NOW TRADING @ 8 .

HALF BOOK HERE.

EXPIRY SPL CALL.

BUY RELIANCE OCT 1100 CA @ 4 SL 0 TARGET 8-10 -15-20

BUY BUY BUY

BUY PETRONET LNG NOV 120 CA @ 4-5 SL 2 TARGET 8-12-18 - 22

28th OCTOBER NIFTY VIEW.

After a weak opening, Nifty Future managed to do a high of 6102 and in the second half of the day became very weak to make day's low of 6005 and closed marginally up at 6038 - However, this being a descending line, the breakout point is getting to be lower every day and tomorrow it will be at 6100. Reliance continues to remain strong and can spring a surprise - mainly due to FNO settlement scheduled for tomorrow.

While we are very close to the previous low of 5988 and Nifty Future does look very weak, I would advise caution in going short at lower levels as Reliance can provide strength to nifty future for a decent close on the settlement day.

At the time of writing this post, US markets are weak and hence we too may see weak opening. Please note that even if 5988 is broken, we have 5950 (0.382 level) which may provide good support. If Nifty Future takes support at this level, one can consider going long with stop loss of 5925.

In case of stable opening, one can consider going long above 6050 level with stop loss of 6005 level. On higher side, 6080 and 6100 will provide resistance. It is advisable not to remain short above 6135 level .

All the best.

27TH OCTOBER NIFTY VIEW.

In yesterday's trading, Nifty Future had a lackluster trading except for a spike to a high of 6141. The day's low was 6094 and hence technically we have to consider that Nifty Future made a lower top and lower bottom - a sign of weakness. But considering the FNO settlement just 2 days away and looking at the position . I would continue to be hopeful of further up move - with good possibility of Reliance providing the lead.

Accordingly. I would advise going long above 6120 with stop loss of 6090. On higher side it will find resistance at 6155 - 6190 and 6240.

Nifty Future may get weak below 6085 but will find support at 6065, hence short positions are best avoided. Instead it will be better to consider long positions with suitable stop loss.

All the best.

26th OCTOBER NIFTY VIEW

In Yesterday's trading, Nifty Future opened firm and went on to make a high of 6180. In the second half it gave up all the gains made in the opening session but closed higher at 6136. With Reliance being firm one can still hope to cross 6200 level in the coming days. Reliance has to cross 1125 to provide the push for Nifty Future to go decisively above 6200.

As Nifty Future continues to make higher bottoms and also made a higher top today - though closing was little weak, I would continue to maintain upward bias. However, as matter of abundant caution, one should consider going long today above 6155 with stop loss of 6120. On higher side it will face resistance at 6180 and 6210.

I am not suggesting short position, as below 6100 Nifty Future may find support at 6085 - 6060 and 6025. Even if these levels are seen during the day, it would be better to have positive view with suitable stop loss - particularly as we are approaching FNO Settlement on Thursday.

All the best.

BTST

BUY LUPIN FUT @460 SL 450 TARGET 470-490 -500

25TH OCTOBER NIFTY VIEW.

In Friday's trading, after a flat opening, Nifty Future remained sideways and then went down to a low of 6058 and closed at 6090. In the opening session, it made a high of 6150 but could not cross the previous day's high of 6152.

Friday's low of 6058 should be considered as higher bottom and any buy trades for today should be taken with 6055 as stop loss. week will be FNO settlement week which could lead to higher volatility.

it will be better to consider buy trades for This week with stop loss of 6055. On higher side Nifty Future will find resistance at 6155 and 6200. If it manages to close above 6200, possibility of testing the previous top of 6336 will be very high.

Down side should be considered only below 6055 that too with 6000 giving good support. But considering the weekly candle and the strength in Reliance, it looks unlikely that more down side (i.e. below 6000) will be seen at least till FNO settlement on Thursday.

All the best.

22nd OCTOBER NIFTY VIEW

On the back of strong up move in US markets, Nifty Future opened firm and after initial hesitation, gathered pace by mid session and in the last 30 mins made day's high of 6152 and closed firm at 6135. The move was largely a result of strength displayed by Reliance.

As we approach key resistance level at 6200 tomorrow, we will know whether we have more upside left or this was just a pull back rally. I would suggest it would be better to go short as Nifty Future approaches 6190 levels with stop loss of 6225. On the down side, it will have support at 6125 and 6090.

In case of weak opening, one can consider buying with stop loss of 6075. On the higher side it will find resistance at 6155 and 6190 levels.

Tomorrow's movement may be critical for the market from the weekly Point of view as well as its reaction near 6200 levels, hence we can expect above average volatility.

In case of close above 6135, we can expect Nifty Future to test the previous high of 6336 next week.

All the best.

YESTERDAY CALLS ALERT.

NIFTY 6200 CE @ 21 TO 40 ...ALMOST DOUBLE WITHIN 2 DAYS.

NIFTY LONG VIEW ... 100% HITED THE TARGETS.

ICICIBANK HITS THE TARGET 1020 CA 20 TO 34

IDBI 164.4 TO 172.

21st OCTOBER NIFTY VIEW.

In today' trading, Nifty Future opened weak and remained renebound for better part of the day, but in the last one hour had a sharp down move - the day's high and low were 6077 and 5988 respectively. At the end of the day, Nifty Future closed at 6008. , Nifty Future has taken support at the median line . The positive for the day is that inspite of weak US markets, we did not see much downside (though market did remain nervous) and the premium on Nifty Future was restored.

For tomorrow, one can consider long position with 5985 as stop loss. On the higher side it will find resistance at 6080 - 6125 and 6155. fresh up move is possible only if 6210 level is crossed tomorrow. Till then we should treat any up move as a pull back. Hence please do not wait for a big killing but keep booking profits at any sign of weakness - particularly at the support and resistance levels indicated here. Please not we have only 6 trading days (including tomorrow) to FNO settlement day, hence that pressure will also be felt.

All the best.

BUY BUY IDBI

BUY IDBI OVER 164.4 SL 162.5 TGT 167-169

YESTERDAY CALLS ALERT .

NOW WATCH GSPL 122 TO 129

IBREAL 205 TO 213.

ICICIBANK HOLD

NIFTY CALLS HOLD.

20th OCTOBER NIFTY VIEW

Yesterday,In the morning trade, Nifty Future could not sustain yesterday's sharp momentum and languished with upward bias and managed to make a high of 6166 (as against mid-point level of 6163 for Oct 2010), but then suddenly took an u turn and by end of the day made a low of 6024 and closed at 6044. Though Nifty Future managed to make higher top and higher bottom for the day, the speed with which it gave up the day's gains makes the weakness evident. Notable point for the day's trading was that premium of about 40 points over the spot Nifty, vanished by the end of the day.

For today, it will be advisable to maintain downward bias and go short with stop loss of 6080. In case of weak opening, one can go short below 6000 with stop loss of 6035. On the down side, Nifty Future will find support @ 5970 and major support at 5950.

All the best.

BTST..POSITIONAL

BUY GSPL @ 122 SL 119 TARGET 126 -130 -145

BUY IBREAL

BUY BUY IBREAL 206 SL 199 TARGET 215- 225

BUY IBREAL 200 CA @11 SL 7 TARGET 18 -25

BUY BUY...BTST

BUY NIFTY 6200 CE @ 25-30 SL 15 TARGET 40-60-88-100

BUY ICICIBANK

BUY ICICIBANK 1140 CA @ 25 TARGET 35-45-55-90

BUY ICICIBANK FUT @ 1125 TARGET 1155-70-1200

DON'T MISS ... BTST

BUY TATASTEEL

BUY TATASTEEL 660 CA @ 11 TARGET 15-20 (1-2 DAYS ) SL 7.8

BUY TATASTEEL FUT 646 SL 639 TARGET 657 -666

BUY BUY TVS MOTOR.

BUY TVS MOTORS @73.5 SL 65 TARGET 85-95 ( 1 MONTH )

DON'T MISS IT ... BUY BIG VOLUME.

YESTARDAY CALLS ALERT.

BHARATHIAIRTEL 340 CA MADE HIGH 7.35

PATNI 458 TO 468 ..10/- PROFIT.....MORE TO COME

19th OCTOBER NIFTY VIEW.

In the early trades, Nifty Future opened weak and maintained downward bias and made a low at 6008 during the 1st hour and after consolidating at the lower levels it gave a sharp up move during the second half of the day to make the days high of 6136 and closed at 6122 - near the high of the day. Notable feature of today's down move was that it managed to fill the gap which it had left on 1st Oct. and 6000 level provided good support.

There is no doubt that the up move was sharp, but I will continue to treat this as a pull back unless it is able to cross 6240 tomorrow - it is advisable to tread with caution.

On the higher side, it will find resistance at 6165, 6200 and major resistance at 6240. I would continue to advise going short at higher levels at around 6200 with stop loss of 6240. Please avoid going short at lower levels.

Fresh long position may be created (that is if you have to) above 6130 with stop loss of 6100. As indicated above 6165 - 6200 and 6240 will act as resistance levels.

All the best.

BUY BHARATHI AIRTEL

BUY Bharathi airtel 340 CA@ 4.45 sl 2 target 7-10-15-20

BUY PATNI.

BUY PATNI OCT FUT @ 458 -460 SL 444 TARGET 480-490-505-520

BUY 460 and 480 CA.

18th OCTOBER NIFTY VIEW

Finally, Nifty Future saw a sharp down move on the last 2 days of the week - the move was so sharp, that it wiped out the previous 8 days action. You will observe on the EOD chart, that Nifty Future has closed below the trend line, making it distinctly weak. The close too is near the low of the day, indicating weak opening on Monday. The intriguing part is that despite the sharp down move, Nifty Future continues to trade at a premium of over 25 points. I guess the premium will tend to reduce, once it starts trading below 6065.

On Monday, short positions should be taken when Nifty Future moves below 6065 with stop loss of 6100. Alternatively, in case of a pull back to 6140, one can consider going short with stop loss of 6175. On the down side, it will find support at 6050 and 6000.

Fresh long positions should be considered only when Nifty Future takes support around 5950-5930 levels.

All the best

BUY HINDPETRO

BUY HINDPETRO 500 CA @ 10 SL 7 TARGET 16-20-25-30

BUY BUY

BUY NAGARJUNA FERT 35 CA @2.5 SL 1 TARGET 5 -10-15

15th OCTOBER NIFTY VIEW

As expected, Nifty Future opened with a gap to make a new high of 6318, but could not sustain beyond the first 30 min. There after it spent lot of time around 6255 levels and in the last hour broke the level of 6250 and fell sharply to make a low of 6181 and closed the day at 6198. In terms of Candlestick charts, today's candle is known as a 'Dark Cloud Cover" - suggesting bearishness below today' s low.

By the time we start trading tomorrow, we will have Infosys results out and the market action will be guided by the same.

Tomorrow, one can consider going short below, 6170 with a stop loss of 6205. On the down side Nifty Future will find support of trend line at 6140. If this level is broken, we can expect the start of 'healthy correction'. Further down we will have support at 6125 and 6070. Tomorrow is the last day of the week and any close below 6180 should be considered weak signal for the next week.

It is best to avoid long positions at least till we see 6000 levels.

Please remember, a lot depends on what Infosys delivers tomorrow.

All the best

NIFTY PUT ALERT.

YESTERDAY NIFTY 6100 PE intd @ 30 now trading @ 53.5

book full profits @ 55 - 60 level .

TTML ALERT

TTML BLAST

24 TO 25 (LOT SIZE 9000).....

BUY HOTELEELA.

BUY HOTELEELA 60 CA @ 1 SL 50 paisa target 2-5-7

Hoteleela buy @ 57- 57.5 SL 56.3 TARGET 61-62-65

(1-3 DAYS)

DON'T MISS IT.

BUY GSPL

BUY GSPL @ 121.4 SL 119 .9 TARGET 124 -128 ( 1-2 DAYS)

POLARIS ...BOOK PROFITS

POLARIS 180 CA intd @ 4 now trading @ 9 ... book full profits

Polaris fut 175 to 185

14th OCTOBER NIFTY VIEW.

After a stable opening Nifty Future saw a sustained rise through out the day, and crossed the previous high to make a new high at 6281 and closed at 6274 - near the high of the day. The rise was led by Infosys, Relaince, SBI and many front line stocks. With strong US markets, strong opening tomorrow is a forgone conclusion.

Tomorrow, on higher side, Nifty Future will face resistance at 6320, 6360 and major resistance at 6400. Normally, previous top is a good level for the market to take a pause and retrace, but considering the overall bullishness, I will not be surprised if conventional wisdom is kept aside - even if temporarily. Just the way Nifty Future went up today by over 2%, even after lower IIP numbers were declared yesterday. With quarterly results season on, we have to see whether this provides further fuel to the fire or punctures the rally - only time can tell.

Nifty Future will get weak only when it trades below previous high of 6250, and short position should be taken with stop loss of the new high.

All the best.

BUY KFA

BUY KFA @ 81 SL 79.5 TARGET 83-86-89

KFA 80 CA ALSO GOOD BET.

BUY HOTELEELA.

HOTELEELA BUY @ 58 TARGET 60-62-65

BUY EVERY DIP .. BIG UPMOVE ON CARD.

BUY NIFTY OCT PE

BUY NIFTY OCT 6100 PE @ 30-35 TARGET 45-60-80-100 SL 20 or NIFTY sport 6280.

NIFTY OCT 6200 PE @ 60 SL 45 TARGET 80-100-130

PRAJIND

PRAJIND 75 CA @ 2.5-3 SL 1.8 TARGET 4-6-8-10

13th OCTOBER NIFTY VIEW.

Sorry 4 the late view.

NIFTY RESIS LEVEL 6225 .

above 6225 .....short covering will start ... Nifty fut target 6275-6375

go short at higher levels with strict stop loss of 6250.

BUY POLARIS CALL

Buy POLARIS Oct 180 CA @ 4 SL 2 Trgts- 6 -7- 9

BTST

Buy ZEEL Oct Fut in @ -282 S/L 278 Targets 293 - 297 -302

BUY POLARIS

Buy POLARIS Oct Fut @ -175 S/L 170 Trgts : 179 - 185 -199 - (Hold 1 week)

BUY TTML

BUY BUY TTML 25 CA @ 1 SL 50 paisa target 2-3-4

BUY TTML Fut @ 24.2 sl 23.2 target 26-28-30

12TH OCTOBER NIFTY VIEW

On the back of strong close in US markets, Nifty Future managed to opened with a gap to make the day's high of 6193, but could not sustain the rise and thereafter maintained downward bias to make the day's low of 6137 and closed the day @ 6160 - near the mid point for the day. The highlight for today's trade was strength shown by Reliance and almost 20 points premium in Nifty Future - indicating that the bulls are still in control. Moreover, Nifty Future has made higher top/higher bottom

For Tomorrow, I would continue to retain my view that 6225 remains a strong hurdle, . Once 6225 is taken out, people having short position should be cautious as short cutting itself may help take Nifty Future to a new high ...short positions should be taken near 6200 levels with 6225 or 6250 as a strict stop loss. Alternatively, one can go short below 6090 with Stop Loss of 6125. On the down side it will find support at 6070 - 6050 and 6000.

All the best

BUY HOTELEELA

BUY HOTELEELA @ 57 SL 55 TARGET 60-62-65-70 (1 MONTH TIME FRAME)

8th OCTOBER NIFTY VIEW

Sorry for late view.

For today, the down move will continue below 6130 and will find support at 6100. At this level, Nifty Future may find support and try a bounce. Fall below 6090 may create panic like situation and take Nifty Future to 6025. In my view, buying for a pull back should be considered around 6000 levels.

On the higher side 6165 - 6190 and 6214 will act as resistance levels and should be utilised to short with higher levles given above as a stop loss levels.

All the best.

AREVA T&D ON FIREEEEEEEEEEEEEEEEEEE

YESTERDAYS AREVA T&D WATCH NOW...........

310 TO 332 ............

BUY FSL FUT

BUY FSL 30 CA @ 1.7 SL 1.25 TARGET 2.5 - 4- 6

BUY FSL FUT @ 30.15 SL 29.5

7th OCTOBER NIFTY VIEW

On the back of big gains in US markets, Nifty Future opened strong and made a high of 6243 - just 5 points short of the previous high, and retreated by mid day to a low of 6185 and closed strong at 6214....In spite of very good global cues, Nifty Future did not make a new high and continue its upward march. Was this due to the effect of 'Divine Guidance' mentioned by me two days back about the 6248 high? I wish I had a definite answer to this.... In the second half of the trading session, Reliance made a smart up move with good volumes and is now poised to lead the market from the front.

For tomorrow, on up side one needs to watch 6248 and break above it should be taken advantage of with suitable stop loss. One needs to keep a watch on Reliance for judging the sustainability of the next phase of the up move. possibility gets nullified when Nifty future trades below 6175. The way market has remained in the narrow range for the past three days, Nifty future can hit 6120 .

All the best

BUY AREVA T&D

BUY AREVA T&D FUT @315 (buy more on dips) sl 290 target 350-400-500 (1-2 months)

ALERT : LAST 2 DAYS OPTIONS CALLS.

PRAJIND 80 CA MADE HIGH 4.5 (DOUBLE FROM MY LEVEL) ... MORE TO COME .

RCOM 180 CA GOING GOOD 9.25 HIGH

JP ASSOCIATES CALL ALSO GOING GOOD.

BOOK HERE OR REVISE SL.

6TH OCTOBER NIFTY VIEW.

In today's trading Nifty Future opened at yesterday's level and made two attempts to go up but in vain. During the day, Nifty Future made a high of 6225 and low of 6169 and closed at 6183. Though, Nifty Future has made lower top and lower bottom, but the size of the candle being small, and the markets being in firm bull grip, possibility of the up move continuing can not be ruled out at this stage. Moreover, as shown on the 30 min chart, Nifty Future has taken support on the trend line and the same can hold.

For tomorrow, one should consider going short only below 6165 with a stop loss of of 6210. On the down side, Nifty Future will find support at 6125 and trend line support at 6100. Close below 6100 may accentuate the fall. Existing short positions should be held with strict stop loss of 6215.

Fresh Long positions are best avoided.

All the best.

YESTERDAYS PRAJIND 80 CA HIGH 3.7

2.2 TO 3.7

STILL MY TARGETS SAME ....

HOLD WITH REVISE SL.

RNRL ON FIREEEEEEEEEEEEEEEEEE

RNRL BLAST.............

40 CA 2 TO 3 ...1ST TARGET HIT

HOPE YOU GUYS ENJOYED THE CALL ...

BUY RNRL 40 CA

BUY RNRL 40 CA @ 1.8 -2 SL 1 TARGET 3-4-6

RCOM 170 CA

RCOM 170 CA 1ST TARGET HIT .

BUY JP ASSOCIATES 130 CA

BUY JP ASSOCIATES OCT 130 CA @ 6 TARGET 7.5 -8-9 SL 4.5

NEXT BLASTING CALL

MLL 47.5 TO 65

MOSARBEAR 64 TO 73

IFCI 60 TO 69


NOW ONE MORE BLASTING CALL


BUY MTNL Above 68 sl 63 target 78 - 88-98. (buy more every dip) 1 - 2 MONTH TIME FRAME.

5th October nifty view.

In today's trading, Nifty Future opened with a gap and made a high of 6248 in the first hour of trade but there after, remained weak through out the day to make a low of 6175 and closed at 6186. The EOD candle for Nifty Spot and Sensex represent a Shooting Star but not so in case of Nifty Future. The day's close does indicate weakness but considering the bullish strength shown for the past week, one needs to be cautious for short position - at least for tomorrow. I guess, we should have better clarity after tomorrow's trading.

For tomorrow, one can consider going short with stop loss of 6215. On the down side, it will find support at 6150 - 6100 and major support at 6065 (Trend Line shown on the EOD chart).

All the best.

IFCI

IFCI 65 CA 3 TO 6 within 2 sessions.

Hope you enjoyed the call.

BUY RCOM 170 CA

BUY RCOM 170 CA @ 9 SL 6.5 TARGET 1 - 12 TARGET 2 -15 TARGET 3 -20

BUY PRAJIND 80 CA

Buy PRAJIND 80 CA @ 2- 2.25 S/L 1.50 Trgt1- 4 . Trgt2 - 5

4th OCTOBER NIFTY VIEW

The first day of the week and the quarter started with a bang - Nifty Future up 2% and closed at 6176, that is near the high of the week suggesting firm opening tomorrow.

On higher side 6200 could act as a resistance hence long position should be trailed with tight stop loss. In case market shows weakness, one can go short with stop loss of 6215. Alternatively, one can go short below 6130 with stop loss of 6175. On the down side, it will find support at 6100 - 6075 and 6025.

All the best.

ALERT:IFCI

IFCI 65 CA 3 TO 4.5



ABOVE 67.5 IFCI TARGET 70.

CLOSE IFCI Calls as per your wish.

STBT

Sell REC Oct Fut @ 367 S/L 371 Targets 357- 354

BUY MORE NIFTY PE

BUY MORE NIFTY 6000PE @ 65-70 ,6100 PE@95-100 NIFTY FUT SHORT @ NIFTY FUT 6170-6178 area (SL NIFTY SPOT 6155)

IFCI

IFCI 65 CA blasted .... now trading @ 3.85 (day high)

book profits @ 4-4.5

Lot size :4000

BUY MCLOEDRUSSEL

BUY MCLOEDRUSSEL @ 240 Above SL 229 target 255-265

BUY IFCI

BUY IFCI 65 CA @ 3 SL 1.85 TARGET 4.5-5.5-7

BUY NIFTY 6000 PE.

BUY NIFTY 6000 PE @ 75-80 SL NIFTY SPOT 6155 TARGET 100-120-140.

HUL SHORT CALL

BUY HUL 300 and 310 puts @ evry low level. target double .

SELL HUL FUT @ 310 - 315 area SL 320 target 300-290-280.

BUY COREPROTEC

BUY COREPROTEC @ 304-305 SL 299 TARGET 310 -315-320

(INTRADAY)

ALERT : HCC

SELL HCC @ 61-65 And evry high level ... big fall on card in October.

sl later.