Monday, July 11, 2011

Trading ideas for 12/07/2011

Trading ideas for 12/07/2011(Tuesday)






Nifty went down due to bad world clues and waiting for info results



FII DERIVATIVES
Index Future
Index Option
Stock Future
Stock Index
-678
+564

-254

+85
FII Cash

+432

DII Cash
+73





India VIX : 19.69 up by 1.02 points
Call OI : 36856000
Put OI : 42849750
PCR : 1.163
SMR : 16.94
Advance / Decline :





Intraday support and resistance:

S2
S1
Pivot
R1
R2
5570 5590 5625 56455670





Weekly support and resistance:

S2S1PivotR1R2
5535 5605 5665 57155795



Nifty Open Interest for July stands at 2,26,69,650 up by 2,17,450 with decrease in price (Short Buildup)

Bank Nifty Open Interest for July stands at 9,86,400 down by 32,855 with decrease in price (Long Liquidation)



For 12/07/11 NF may take support at 5605

Above 5605 NF may rally up to 5445

Below 5605 NF may correct up to 5570





NIFTY LEVELS

Nifty future's projected high and low for next session is 5670 and 5570 (use this projection with other indicators). Nifty future's immediate support now comes around 5610 zone. If sustains that zone then it will towards 5650 zone. Crossover and sustenance above 5650 will show buying to 5700 level itself. But if cannot sustain above 56100 level it will again retest 5570 and this time below 5570 a real free fall will be seen which may take Nifty future upto 5530 zone.




OPTION DATA ANALYSIS


As per OI Table 5700 and 5800 witnessed writing while put side 5500 has some writing while some shorts are been covered in 5600 put.





Expected Bullish Stocks For 12/07/2011:   JETAIRWAYS,ADANIENT, RCOM, ABGSHIP .

Expected Bearish Stocks For 12/07/2011: ONMOBILE, AXISBANK, BHUSANSTL, RPOWER, .

14 comments:

  1. closing my tatasteel 580 put which i bought yesterday at 10.10 at 12.80.

    regards

    ReplyDelete
  2. and also my reliance capital put 580 bought at 16.8 at 19. but i have already placed a sell call for that which got executed in the morning,

    regards

    ReplyDelete
  3. Nifty at 5500. Now what? I see 5400 soon. and then a bounce back

    ReplyDelete
  4. Also any views about airtel? Making very strong base at 386..

    ReplyDelete
  5. could be upto 5450 bacause 5500 put has the highest OI and even todat it has no unwinding but they are writing both 5500 call and put so there may be some pull back. not much downside.

    i am planning to enter tcs call

    regards

    ReplyDelete
  6. but world market looks too bad.

    ReplyDelete
  7. And with Italy and brazil news hanging around, not much hope.
    There is one thing that RIL has not fallen today. It can be used by operators to break support , bothways. lets see if 5495 (61.8% retracement ) sustains or not.

    What about Airtel?

    ReplyDelete
  8. but nowadays when ril goes up market goes down and vice-versa. how was your day.

    ReplyDelete
  9. Not bad. Bought 5300 Put today.sold at 50% profit.Also bought Airtel call 400 at 6.5. Currently in loss.

    How was ur day. I can see some profits over here

    ReplyDelete
  10. yes i made some profit in the puts which i have bought on yesterday. now looking for TCS 1050 call less than 40. TCS may give a decent result.

    ReplyDelete
  11. Yes, goo call, as always everyone will look towards TCS for good results after a bad show by infy.
    BEst of luck. Hope this call rocks.

    ReplyDelete
  12. hi, any view on Axis bank for tomorrow?

    ReplyDelete
  13. there was a small amount of OI change in axis in long side but the long taken was small in quantity and the trend now is down and i think axis went down much a couple of days back.

    there will be a technical bounce in axis and nifty. nifty up to 5590 and then it has more chance to fall back towards 5450.

    regards

    ReplyDelete