Friday, October 5, 2012

Nifty outlook and trading levels for 05 Oct 12


Huge buildup in puts upto 5700 is indicating that bulls are over confident  and they are not going to allow bears to take control   ...

aggressive writing in 5800 put  and exiting of call writers from the scene on 04 Oct is indicating  that bulls are gripping 5800 too

Today is Friday  ..Positive opening is expected... market   will be volatile ... Nifty is over bought and  trading  at top of  medium term channel  and at bottom  of short channel ...these 2 points may force bears to take charge at higher levels .
Stock specific moves will be there .
Trade in Nifty futures as per these levels
Buy at / above: 5830   Targets: 5846 - 5867 - 5887 - 5906
Stoploss : 5818
Sell at / below: 5818   Targets: 5795 - 5773- 5753- 5733
Stoploss : 5830

Few premium calls forwarded last day 
kailash123p@yahoo.co.in (10/4/2012 9:21:29 AM): nifty Buy at / above: 5795 Targets: 5811 - 5830- 5849 - 5868 Stoploss : 5776
Traded at 5842 

kailash123p@yahoo.co.in (10/4/2012 10:26:02 AM): sell bajaj auto fut at 1806 - 1810 sl 1824 tgt later 
kailash123p@yahoo.co.in (10/4/2012 10:26:50 AM): ltp 1807.55
kailash123p@yahoo.co.in (10/4/2012 10:27:39 AM): trading at 1795 in cash 
kailash123p@yahoo.co.in (10/4/2012 10:29:36 AM): tgt 1796 1787 1778 for intra positional may be seen at 1700
Traded at 1771 
kailash123p@yahoo.co.in (10/4/2012 3:24:53 PM): sell nat gas at 178.80 179 sl 180 .60 tgt 178.10 177.20 176.10 and if inv will support bears then 172 168 
Traded at 174


Mr shyam started his trade with 3200/- gain yesterday ....

9:24 AM me: shyam ji
 Shyam: yes sir
 me: aapka sintex
9:25 AM Shyam: sold 72.80
 me: order kal hataya tha
  73.25 he
  45
 Shyam: 3200 in
 me: 30 can be booked
9:26 AM ok
 Shyam: sir  nifty bought @5707 and sold 5713.90
  345 in
  any other trade
9:29 AM me: will pass soon



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send add request to 
kailash123p@yahoo.co.in

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