Position Update- 23/08/09
Open calls : 2) Sesa Goa in Cash at 329 3) Nifty 5500 Puts at 25.6 Positions exited today : 1) Bank Nifty at 10990 Intra day calls : 1) Short SBI fut at 2793, Sl 2810, tgt 2770. Part booking done at 2786.5. Exited rest at cost. 2) Sell ICICI fut below 987, Sl […]
EOD report-23rd Aug
We saw the volatility in the Bank Nifty first hand today, where a move below VAL for most of the morning session turned around to catapult the index back above value high by the afternoon. Have a look: The index ran in danger of closing below value low, buy a strong showing by ICICI Bank, […]
Weekly Report
We are 4 sessions from expiry and nothing carries more attention this coming week than how expiry would play a role in the stock market fluctuations this coming week. With open interest scaling new heights every expiry, there is no denying the large interest the expiry week holds for traders trading on the NSE. Let’s […]
EOD report for 20th Aug.
We had an inside day in the markets today with the Nifty and the Bank Nifty, holding on to the gains from day before. This market has been strong since the break to the upside of the 5485 region which we had identified realer as a seller’s zone. Have a look at the charts : […]
Position Update
Open calls : 1) BN Future at 11080 2) Sesa Goa in Cash at 329 3) Nifty 5500 Puts at 25.6 Positions exited today : 1) Unitech at 85.3 2) Sterlite at 160
Trade Alert : Sesa Goa
Description : Buy Sesa Goa at 329 Sl : 312 Target : 346/ 366 Sesa Goa seems to have balanced and moving up now.
Trade Alert : Nifty Puts
Buy Nifty 5500 put at 25.6. No Stop Loss. This is a hedge for our BN Longs.
EOD report for 18th Aug.
Hello. Let’s begin by looking at the charts of the Nifty and the Bank Nifty future. The Nifty had a slowish start to the day, but it was building up to the violent break out we would see in the afternoon. The Bank Nifty broke below value high to move to value low, where it […]
EOD report of 17th Aug
It’s Viren, back with an EOD report of today’s action. It was a frustrating day of action for us in the markets, as there was no clear direction and a lot of whip-saws through the day. Have a look. The Nifty demonstrated it’s respect for value areas by returning back from Value area low of […]
Weekly watchlist
I want to begin by thanking Girish for his wonderful trading ideas posted on the blog last night. I also want to encourage all of you to post. Should you have a trade- able idea or some analysis you wish to share, please shoot me a mail and I will grant the access. I will […]