Thursday, August 4, 2011

Trading ideas for 4/08/2011

Trading ideas for 4/08/2011(Thursday)


Staying above 5430 nifty will try to go above 5525 and finishing below 5400 is berish






FII DERIVATIVES
Index Future
Index Option
Stock Future
Stock Index
-1354
+157
-182
-3
FII Cash
-869
DII Cash
+422



India VIX : 19.48 up by 0.33 points
Call OI : 36897600
Put OI : 37320600
PCR : 1.011
SMR : 19.26

20DMA=5569
50DMA=5525  
100DMA=5580







Intraday support and resistance:

S2
S1
Pivot
R1
R2
5356 5380 5405 54265448





Weekly support and resistance:

S2
S1
Pivot
R1
R2
5300 5392 5546 53365794





  • Nifty Open Interest for August stands at 2,29,54,200 up by 20,16,150 with decrease in price (Huge Short Build-up)

  • Bank Nifty Open Interest for August stands at 12,03,450 up by 1,90,200 with decrease in price (Short Build-up)





For 4/08/11 NF may take support at 5430

Above 5438 NF may rally up to 5475

Below 5405 NF may correct up to 5370



NIFTY LEVELS

Nifty future's projected high and low for next session is 5490 and 5400 (use this projection with other indicators). Nifty future's immediate support now comes around 5430 zone. If sustains that zone then it will towards 5470 zone. Crossover and sustenance above 5470 will show buying to 5510 level itself. But if cannot sustain above 5430 level it will again retest 5405 and this time below 5405 a real free fall will be seen which may take Nifty future upto 5370 zone.


OPTION DATA ANALYSIS


As per OI Table call writing was seen at 5400, 5500 and 5600 while put writing was seen at 5300 and some writing was also seen at 5400 put.The PCR is just 1.011. Nifty OI was up by 20.16 lacs mainly due to short build-up



Expected Bullish Stocks For 4/08/2011:INDHOTEL, IDEA, PRAJIND, HINDOILEXP, BANKBARODA .

Expected Bearish Stocks For 4/08/2011: BHARTIARTL, IVRCLINFRA, LT .

15 comments:

  1. bought airtel 400 put at 3.2 SL 2.90

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  2. i have sold me jpassociate. so holding sail long and airtel short

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  3. break of 5400 in closing basic nifty will head to 5300.

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  4. Rishika morning jp trade high at 1.50

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  5. Rishika,

    Can i enter now airtel 400 PE...CMP @ 3.35

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  6. u can but the SL will be high for u so think about that.

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  7. no missed to place a offline order. so i just sold that for 1.25

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  8. Rishika, not enter airtel PE...lets wait another opportunity...;

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  9. i have placed a order to buy info 2600 put at 19.

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  10. I also placed order...Thanks rishika...

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  11. order executed 18.60...Let's see tomorrow..

    Bye Rishika...

    ReplyDelete