Friday, September 14, 2012

View for the day Sept 14, 2012

NIFTY
SENSEX
BANK NIFTY
CNX IT
PCR
5435 (+4)
18021 (+21)
10227 (+10)
6538 (+45)
1.03
Outlook for the day
Nifty which held 5425 yesterday is expected to open with a gap-up on global cues (QE3 measures) and Diesel price hike. It now faces resistance near 5500-5525. Long positions should be trailed from there carefully as we have RBI Policy and advance tax numbers coming in next week.
Support
Symbol
Resistance
5400
5410
5425
Nifty
5450
5460
5475
10075
10125
10165
Bank Nifty
10250
10300
10350
6410
6440
6480
CNX IT
6550
6580
6620

Trading Recommendation

BUZZING STOCKS
BOMBAY DYEING (438 – Sept Series)
In daily charts it seems to have completed its corrective retracement. Fresh long positions were formed in it yesterday. Long for a target of 460 with a stop loss of 430.
ZEE (171 – Sept Series)
In daily charts it has taken strong support at these levels and appears set for another rally. Long for a target of 180 with a stop loss of 167.
Index Option Strategy – Straddle (Unlimited risk)
Date
Strike/Option
Buy/Sell
@
Target
Stop Loss










Index Option Strategy – Buy (Limited risk unlimited profit)
Date
Strike / Option
@
Target
Stop Loss





Stock Option Strategy – Straddle (Unlimited risk)
Date
Stock
Strike/Option
B/S
@
Target
Stop Loss












Stock Option Strategy – Buy (Limited risk unlimited profit)
Date
Stock
Strike/Option
@
Target
Stop Loss






Tracking Trading Recommendations

Stock Future Trading
Date
Stock
Long/Short
@
Target
Stop Loss
Status
13-09
RANBAXY
Long
563
580
557
SL Hit
12-09
IFCI
Long
26
28
25
Pending @ 26.15
12-09
ONGC
Long
277
288
273
Pending @ 281.75
11-09
TATA CHEM
Long
325
340
317
Pending @ 323.70
11-09
ORIENTAL BANK
Short
230
223
233
SL Hit
10-09
IRB
Long
129.6
136
126.5
SL Hit
07-09
SUNTV
Long
306
320
300
Exit @ Cost
06-09
SRTRANSFIN
Long
634
650
625
Exit @ Cost
06-09
SUN PHARM
Short
655
630
665
SL Hit
05-09
ABAN
Long
422
445
410
Exit @ Cost
05-09
CUMMINS
Short
458
445
465
Target Achieved
Index Option Strategy – Straddle (Unlimited risk)
Date
Strike/Option
Buy/Sell
@
Target
Stop Loss
Status
11-09
NIFTY 5500 CE
Sell
15.5
0
5170 / 5530 (spot)
Pending @ 37.35
Pending @ 8.30
11-09
NIFTY 5200 PE
Sell
15
0
05-09
NIFTY 5500 CE
Sell
14.50
0
5070/5530 (spot)
Exit @ 23.35 & 5. Profit 8.65 per straddle
05-09
NIFTY 5100 PE
Sell
22.50
0
Index Option Strategy – Buy (Limited risk unlimited profit)
Date
Strike/Option
@
Target
Stop Loss
Status
13-09-2012
BANK NIFTY 10400 CE
79
125
60
Pending @ 83
12-09-2012
NIFTY 5400 CE
63
85
48
Target Achieved
07-09-2012
NIFTY 5400 CE
27.65
55
18
Target Achieved
Stock Option Strategy – Straddle (Unlimited risk)
Date
Stock
Strike/Option
B/S
@
Target
Stop Loss
Status
11-09
SBI
1950 CA
B
18.5
Reward 5190
Risk 1065
Pending @ 17.95 Pending @ 9.60
11-09
SBI
2000 CA
S
10
06-09
IDFC
120 PA
S
1.35
0
116.25 / 133.75 (spot)
Pending @ 0.40
Pending @ 3.80
06-09
IDFC
130 CA
S
2.45
0
05-09
HDIL
65 PA
S
1.40
0
61.60 / 78.40 (spot)
Exit @ 0.80 & 0.80 Profit 1.80 per straddle
05-09
HDIL
75 CA
S
2.00
0
Stock Option Strategy – Buy (Limited risk unlimited profit)
Date
Stock
Strike/Option
@
Target
SL
Status
13-09
PANTALOON
160 CA
3.55
7.50
1.50
Pending @ 2.15
12-09
TATA MOTOR
260 CA
3.65
7.5
1.5
Target Achieved
10-09
MRPL
65 CA
1.10
3
0.50
SL Hit
07-09
ICICI BANK
920 CA
16.40
30
10
Target Achieved
06-09
BHARTI ARTL
270 CA
3.15
7
1
Pending @ 1.55
05-09
TATA STEEL
380 CA
7
20
4
SL Hit

No comments:

Post a Comment

xe.com  Universal Currency Converter ®
Convert this amount
of this type of currency
into this type of currency.

enter any amount

scroll down to see more currencies

scroll down to see more currencies
Universal Currency Converter under license from XE.com. Terms of Use

About Me

DISCLAIMER

All opinions are based on my technical study; however, I do not vouch for the accuracy or the completeness of the matter. I am not liable for any potential damages that may be incurred while acting upon any information mentioned in this report. The views expressed are not of binding nature. The report is intended for a restricted audience & I am not soliciting any action based on it. Please exercise discretion and due diligence in making your decisions. Investments in Capital Markets are not my obligation or guarantee and are subject to investment risks. In no event will I be liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this report or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation even if I am thereof, advised of the possibility of such damages, losses or expenses.