Sunday, May 31, 2009

Request to Positional Traders

Please follow the link http://pure-profits.blogspot.com/

Charts for Friday 29 May 2009

Friday, May 29, 2009

Calls For Today

  1. BUY NIFTY SPOT AT 4352, STOP LOSS = 4337, TARGET = 4368, 4378, 4398, 4413, 4426, 4437.
  2. BUY BANKNIFTY SPOT AT 7371, STOP LOSS = 7341, TARGET = 7410, 7434, 7482, 7516, 7546, 7571.
  3. BUY SBI SPOT AT 1839, STOP LOSS = 1830, TARGET = 1851, 1858, 1872, 1882, 1891, 1899.
  4. BUY ONGC SPOT AT 1141, STOP LOSS = 1130, TARGET = 1157, 1166, 1184, 1197, 1209, 1219.
  5. BUY BHEL SPOT AT 2141, STOP LOSS = 2130, TARGET = 2159, 2169, 2190, 2205, 2218, 2229.
  6. BUY HDFCBANK SPOT AT 1449, STOP LOSS = 1439, TARGET = 1461, 1468, 1483, 1493, 1502, 1509.
  7. SELL TATAMOTORS SPOT AT 330, STOP LOSS = 333, TARGET = 327, 324,320, 317,
  8. SELL HEROHONDA SPOT AT 1313, STOP LOSS = 1321, TARGET = 1302, 1295,1282, 1272,

Thursday, May 28, 2009

Charts for 28 May 2009

  1. India VIX closed at 44.58 up by 7.24%. 5 dma is 53.19
  2. Put to Call Ratio was 0.78. 5 dma is 0.81
  3. FII were net buyer in Cash Segment for 1859.59 cr.
  4. DII were net seller in Cash Segment for -451.25 cr.
  5. Open Interest in Nifty Futures June Series was 271,71,450 up by 66,35,900 or 32.31%
  6. Open Interest in 4400 Call was 24,82,650 up by 6,86,150 or 38.19%
  7. Open Interest in 4300 Put was 30,64,300 up by 10,00,300 or 48.46%

Calls For Today

  • Long Side
    1. Buy NIFTY Spot @ 4246 SL=4217 Targets=4261, 4311, 4327, 4352, 4372, 4392,
    2. Buy BANKNIFTY Spot @ 7182 SL=7143 Targets=7202, 7266, 7286, 7318, 7344, 7370,
    3. Buy RELIANCE Spot @ 2193 SL=2183 Targets=2197, 2213, 2217, 2225, 2231, 2237,
    4. Buy SBI Spot @ 1779 SL=1764 Targets=1787, 1813, 1821, 1834, 1844, 1855,
    5. Buy EDUCOMP Spot @ 2843 SL=2826 Targets=2851, 2879, 2887, 2901, 2913, 2924,
    6. Buy ONGC Spot @ 1096 SL=1081 Targets=1104, 1132, 1140, 1154, 1165, 1175,
    7. Buy ICICIBANK Spot @ 707 SL=701 Targets=710, 719, 722, 727, 731, 735,
    8. Buy RELINFRA Spot @ 1261 SL=1238 Targets=1275, 1319, 1333, 1355, 1373, 1390,
    9. Buy RELCAPITAL Spot @ 909 SL=898 Targets=915, 935, 941, 951, 959, 968,
    10. Buy DLF Spot @ 362 SL=359 Targets=365, 371, 373, 377, 379, 382,
    11. Buy ABAN Spot @ 895 SL=887 Targets=899, 911, 915, 922, 927, 932,
    12. Buy BHEL Spot @ 2071 SL=2058 Targets=2078, 2102, 2109, 2121, 2130, 2139,
    13. Buy INFOSYSTCH Spot @ 1587 SL=1580 Targets=1591, 1603, 1607, 1613, 1617, 1622,
    14. Buy NTPC Spot @ 205 SL=203 Targets=205, 208, 209, 211, 212, 213,
    15. Buy BHARTIARTL Spot @ 786 SL=779 Targets=791, 805, 809, 816, 822, 827,
    16. Buy ITC Spot @ 186 SL=184 Targets=186, 189, 189, 191, 191, 192,
    17. Buy LT Spot @ 1307 SL=1300 Targets=1311, 1323, 1326, 1332, 1337, 1342,
    18. Buy ABB Spot @ 611 SL=607 Targets=613, 620, 623, 626, 629, 632,
    19. Buy HDFCBANK Spot @ 1407 SL=1398 Targets=1411, 1427, 1431, 1439, 1445, 1451,
    20. Buy TATASTEEL Spot @ 376 SL=374 Targets=377, 381, 382, 384, 385, 387,
    21. Buy MARUTI Spot @ 974 SL=968 Targets=978, 988, 992, 997, 1001, 1006,
    22. Buy TATAMOTORS Spot @ 343 SL=341 Targets=345, 350, 352, 354, 356, 358,
    23. Buy WIPRO Spot @ 384 SL=381 Targets=385, 390, 392, 394, 396, 398,
    24. Buy AXISBANK Spot @ 790 SL=782 Targets=794, 809, 813, 820, 826, 832,
    25. Buy CAIRN Spot @ 216 SL=213 Targets=218, 225, 226, 230, 232, 235,
    26. Buy HEROHONDA Spot @ 1367 SL=1357 Targets=1373, 1391, 1397, 1406, 1413, 1420,
    27. Buy M&M Spot @ 629 SL=626 Targets=631, 636, 638, 641, 643, 645,
  • Short Side
    1. Sell NIFTY Spot @ 4201 SL=4225 Targets=4181, 4156, 4140, 4090, 4075, 4050, 4030, 4009,
    2. Sell BANKNIFTY Spot @ 7124 SL=7156 Targets=7098, 7066, 7046, 6982, 6962, 6930, 6904, 6878,
    3. Sell RELIANCE Spot @ 2179 SL=2187 Targets=2173, 2165, 2160, 2145, 2140, 2132, 2126, 2120,
    4. Sell SBI Spot @ 1755 SL=1767 Targets=1744, 1731, 1723, 1697, 1689, 1676, 1665, 1655,
    5. Sell EDUCOMP Spot @ 2818 SL=2831 Targets=2806, 2792, 2784, 2756, 2748, 2734, 2723, 2711,
    6. Sell ONGC Spot @ 1072 SL=1083 Targets=1061, 1047, 1039, 1011, 1003, 989, 979, 968,
    7. Sell ICICIBANK Spot @ 698 SL=702 Targets=694, 689, 686, 676, 673, 668, 664, 660,
    8. Sell RELINFRA Spot @ 1222 SL=1240 Targets=1204, 1182, 1168, 1124, 1110, 1088, 1071, 1053,
    9. Sell RELCAPITAL Spot @ 891 SL=900 Targets=882, 872, 866, 846, 840, 830, 822, 814,
    10. Sell DLF Spot @ 356 SL=359 Targets=354, 350, 348, 342, 340, 336, 334, 331,
    11. Sell ABAN Spot @ 883 SL=889 Targets=878, 872, 868, 855, 851, 844, 839, 834,
    12. Sell BHEL Spot @ 2050 SL=2061 Targets=2041, 2029, 2022, 1998, 1991, 1979, 1970, 1961,
    13. Sell INFOSYSTCH Spot @ 1577 SL=1583 Targets=1572, 1566, 1562, 1550, 1547, 1541, 1536, 1531,
    14. Sell NTPC Spot @ 202 SL=203 Targets=201, 200, 199, 196, 195, 194, 193, 191,
    15. Sell BHARTIARTL Spot @ 774 SL=780 Targets=768, 761, 757, 743, 739, 732, 726, 721,
    16. Sell ITC Spot @ 184 SL=185 Targets=183, 181, 181, 178, 178, 177, 176, 175,
    17. Sell LT Spot @ 1296 SL=1302 Targets=1291, 1285, 1281, 1269, 1265, 1259, 1254, 1249,
    18. Sell ABB Spot @ 605 SL=608 Targets=602, 599, 596, 590, 587, 584, 581, 578,
    19. Sell HDFCBANK Spot @ 1393 SL=1401 Targets=1387, 1379, 1375, 1360, 1355, 1347, 1341, 1335,
    20. Sell TATASTEEL Spot @ 373 SL=374 Targets=371, 369, 368, 364, 363, 361, 360, 358,
    21. Sell MARUTI Spot @ 965 SL=970 Targets=960, 955, 952, 941, 938, 932, 928, 923,
    22. Sell TATAMOTORS Spot @ 339 SL=341 Targets=337, 334, 333, 327, 326, 323, 321, 319,
    23. Sell WIPRO Spot @ 379 SL=382 Targets=377, 375, 373, 369, 367, 365, 363, 361,
    24. Sell AXISBANK Spot @ 777 SL=783 Targets=771, 764, 759, 745, 740, 733, 727, 721,
    25. Sell CAIRN Spot @ 211 SL=213 Targets=208, 205, 203, 197, 195, 192, 189, 187,
    26. Sell HEROHONDA Spot @ 1351 SL=1360 Targets=1344, 1335, 1329, 1311, 1305, 1296, 1289, 1282,
    27. Sell M&M Spot @ 624 SL=627 Targets=622, 619, 618, 612, 611, 608, 606, 604,

Charts For 27 May 2009

Tuesday, May 26, 2009

Charts for 26 May 2009

  1. India VIX closed at 52.37 up by 19.81%, 5 dma is 56.04.
  2. Put to Call Ratio (PCR) was 0.86, 5 dma is 0.91
  3. FII bought for 2,237.63 in cash and sold for 2,434.65, net is -197.02
  4. FIIs were net sellers in Futures for 1246.30 crore.
  5. FIIs were net buyers in options for 114.76 crore.
  6. FIIs were net sellers in Stock Futures for 121.09 crore.
  7. DII bought for 1,154.58 in cash and sold for 1,292.77, net is -138.19
  8. Open Interest in May Futures is 2,94,15,150, up by 41,64,200, or 16.49%
  9. Open Interst in June Futures is 1,77,97,950, up by 54,99,950 or 44.72%
  10. Open Interest in 4200 Call Option is 40,30,350 up by 15,62,350 or 63.30%
  11. Open Interest in 4100 Put Option 18,46,100 up by 71,950 or 4.06%

CALLS FOR TODAY

  • LONG SIDE
    1. Buy NIFTY Spot @ 4255 SL=4241 Targets=4261, 4280, 4285, 4295, 4303, 4310,
    2. Buy BANKNIFTY Spot @ 7068 SL=7042 Targets=7081, 7120, 7133, 7153, 7169, 7185,
    3. Buy RELIANCE Spot @ 2201 SL=2190 Targets=2206, 2224, 2229, 2238, 2246, 2253,
  • SHORT SIDE
    1. Sell NIFTY Spot @ 4238 SL=4249 Targets=4230, 4220, 4215, 4196, 4190, 4180, 4173, 4165,
    2. Sell BANKNIFTY Spot @ 7033 SL=7055 Targets=7017, 6997, 6984, 6945, 6932, 6913, 6897, 6881,
    3. Sell RELIANCE Spot @ 2185 SL=2194 Targets=2177, 2168, 2163, 2145, 2140, 2131, 2124, 2116,

Charts For Monday 26 May 2009

Friday, May 22, 2009

For 22 May Friday

  • Long Side
    1. Buy NIFTY Spot @ 4291 SL=4269 Targets=4302, 4336, 4347, 4365, 4379, 4393,
    2. Buy BANKNIFTY Spot @ 7142 SL=7090 Targets=7170, 7261, 7289, 7335, 7371, 7408,
    3. Buy RELIANCE Spot @ 2159 SL=2147 Targets=2166, 2188, 2195, 2205, 2214, 2223,
    4. Buy SBI Spot @ 1760 SL=1747 Targets=1767, 1791, 1798, 1809, 1819, 1828,
    5. Buy EDUCOMP Spot @ 2662 SL=2629 Targets=2680, 2740, 2758, 2788, 2813, 2837,
    6. Buy ONGC Spot @ 1074 SL=1054 Targets=1085, 1122, 1134, 1152, 1167, 1182,
    7. Buy ICICIBANK Spot @ 700 SL=693 Targets=703, 716, 720, 726, 731, 736,
    8. Buy RELINFRA Spot @ 1116 SL=1106 Targets=1121, 1139, 1144, 1153, 1160, 1167,
    9. Buy RELCAPITAL Spot @ 876 SL=867 Targets=881, 896, 901, 909, 915, 922,
    10. Buy DLF Spot @ 361 SL=356 Targets=363, 372, 375, 379, 383, 386,
    11. Buy ABAN Spot @ 886 SL=875 Targets=892, 912, 918, 928, 937, 945,
    12. Buy BHEL Spot @ 2044 SL=2024 Targets=2055, 2091, 2102, 2120, 2134, 2149,
    13. Buy INFOSYSTCH Spot @ 1540 SL=1530 Targets=1546, 1564, 1570, 1579, 1587, 1594,
    14. Buy NTPC Spot @ 219 SL=216 Targets=221, 225, 227, 229, 231, 233,
    15. Buy BHARTIARTL Spot @ 869 SL=862 Targets=873, 887, 891, 897, 902, 908,
    16. Buy ITC Spot @ 186 SL=185 Targets=187, 189, 190, 191, 191, 192,
    17. Buy LT Spot @ 1327 SL=1306 Targets=1340, 1380, 1393, 1413, 1430, 1446,
    18. Buy ABB Spot @ 650 SL=642 Targets=655, 669, 674, 681, 687, 693,
    19. Buy HDFCBANK Spot @ 1388 SL=1377 Targets=1395, 1415, 1422, 1432, 1440, 1449,
    20. Buy TATASTEEL Spot @ 380 SL=376 Targets=383, 392, 395, 399, 403, 406,
    21. Buy MARUTI Spot @ 1022 SL=1009 Targets=1030, 1054, 1062, 1074, 1084, 1094,
    22. Buy TATAMOTORS Spot @ 369 SL=364 Targets=371, 379, 381, 385, 388, 391,
    23. Buy WIPRO Spot @ 390 SL=387 Targets=392, 399, 400, 404, 406, 409,
    24. Buy AXISBANK Spot @ 749 SL=743 Targets=752, 763, 766, 772, 776, 781,
    25. Buy CAIRN Spot @ 229 SL=227 Targets=230, 235, 236, 238, 240, 241,
    26. Buy HEROHONDA Spot @ 1288 SL=1280 Targets=1292, 1304, 1308, 1314, 1319, 1324,
    27. Buy M&M Spot @ 668 SL=662 Targets=672, 684, 687, 693, 698, 703,
  • Short Side
    1. Sell NIFTY Spot @ 4259 SL=4277 Targets=4245, 4227, 4217, 4182, 4171, 4153, 4139, 4125,
    2. Sell BANKNIFTY Spot @ 7060 SL=7103 Targets=7023, 6978, 6950, 6859, 6831, 6786, 6749, 6712,
    3. Sell RELIANCE Spot @ 2140 SL=2151 Targets=2131, 2120, 2113, 2092, 2085, 2074, 2065, 2057,
    4. Sell SBI Spot @ 1740 SL=1750 Targets=1730, 1719, 1712, 1688, 1681, 1670, 1661, 1651,
    5. Sell EDUCOMP Spot @ 2608 SL=2634 Targets=2583, 2553, 2535, 2475, 2457, 2427, 2403, 2378,
    6. Sell ONGC Spot @ 1040 SL=1056 Targets=1025, 1006, 995, 958, 947, 928, 913, 898,
    7. Sell ICICIBANK Spot @ 688 SL=694 Targets=683, 677, 673, 661, 657, 651, 646, 641,
    8. Sell RELINFRA Spot @ 1100 SL=1108 Targets=1093, 1085, 1079, 1062, 1056, 1048, 1041, 1034,
    9. Sell RELCAPITAL Spot @ 862 SL=869 Targets=855, 848, 843, 827, 822, 815, 808, 802,
    10. Sell DLF Spot @ 353 SL=356 Targets=349, 345, 342, 333, 330, 326, 322, 319,
    11. Sell ABAN Spot @ 868 SL=876 Targets=859, 849, 843, 823, 817, 807, 799, 790,
    12. Sell BHEL Spot @ 2012 SL=2028 Targets=1997, 1979, 1968, 1932, 1921, 1903, 1889, 1874,
    13. Sell INFOSYSTCH Spot @ 1524 SL=1532 Targets=1516, 1507, 1501, 1483, 1477, 1468, 1461, 1453,
    14. Sell NTPC Spot @ 215 SL=217 Targets=213, 210, 209, 204, 202, 200, 198, 196,
    15. Sell BHARTIARTL Spot @ 858 SL=864 Targets=852, 846, 842, 828, 824, 818, 813, 807,
    16. Sell ITC Spot @ 184 SL=185 Targets=184, 183, 182, 180, 179, 178, 178, 177,
    17. Sell LT Spot @ 1290 SL=1308 Targets=1274, 1254, 1241, 1200, 1188, 1168, 1151, 1135,
    18. Sell ABB Spot @ 637 SL=644 Targets=631, 624, 619, 605, 600, 593, 587, 581,
    19. Sell HDFCBANK Spot @ 1370 SL=1379 Targets=1361, 1351, 1345, 1324, 1317, 1307, 1299, 1290,
    20. Sell TATASTEEL Spot @ 372 SL=376 Targets=369, 364, 362, 353, 350, 346, 342, 338,
    21. Sell MARUTI Spot @ 1000 SL=1011 Targets=990, 978, 970, 945, 938, 925, 916, 906,
    22. Sell TATAMOTORS Spot @ 362 SL=365 Targets=358, 355, 352, 344, 342, 338, 335, 332,
    23. Sell WIPRO Spot @ 384 SL=387 Targets=382, 378, 377, 370, 368, 365, 362, 360,
    24. Sell AXISBANK Spot @ 739 SL=744 Targets=734, 729, 726, 715, 711, 706, 701, 697,
    25. Sell CAIRN Spot @ 225 SL=227 Targets=223, 221, 220, 216, 214, 212, 211, 209,
    26. Sell HEROHONDA Spot @ 1276 SL=1283 Targets=1271, 1265, 1261, 1249, 1245, 1239, 1234, 1228,
    27. Sell M&M Spot @ 657 SL=663 Targets=653, 647, 643, 631, 627, 621, 617, 612,

Too Much Heaven

  1. The PCR was 0.85, 5 dma of PCR was 1.15
  2. The VIX was 49.64, 5 dma of VIX was 51.74
  3. FII bought for 3766.90 cr and sold for 3769.04 cr, net trade was -2.14 cr
  4. DII bought for 1550.76 cr and sold for 1922.24 cr, net trade was -371.48 cr.
  5. The OI in May Series Nifty Futures was, 3,35,14,550 a change of -2876650, or -7.90%
  6. The OI in June Series Nifty Futures was 42,05,150 a change of +1263650, or +42.96%
  7. The OI in July Series Nifty Futures was 66,250 achange of -100, or -0.15%
  8. The OI in 4300 Call Option was 21,93,500, a change of 5,79,800 or +35.93%
  9. The OI in 4200 Put Option was 19,17,150, a change of 4,14,500 or +27.58

Thursday, May 21, 2009

Intraday Call

Buy Nifty Spot @ 4310 SL=4290; target = 4340,4360; if the level doesn't come don't trade.

Wednesday, May 20, 2009

Charts for 20 May 2009

Today,
  1. The PCR ratio was 1.17, 5 dma of PCR was 1.19
  2. The VIX was 50.79, 5 dma of VIX was 52.06.
  3. The FII were net sellers in cash for -985.53 cr, and DII were net buyers for +4.99 cr.
  4. Nifty closed in red, down -1.11%
  5. The OI in Futures for the month of May was, 3,63,91,200, down by -11,49,950, or -3.06%.
  6. The OI in Futures for the month of June was, 29,41,500, up by 5,36,250, or +22.29%
  7. The OI in Futures for the month of July was, 66,350, up by 4,400, or +7.10%
  8. The OI in 4300 Call Option for May was, 16,13,700, up by 4,45,350, or +38.12%
  9. The OI in 4200 Put Option for May was, 15,02,650, up by 6,68,000 or +80.03%
  10. The highest OI was recorded in 3300 Put Option at 44,58,700

Intraday Call

Buy Nifty Spot @ 4345 SL 4325 target 4375, 4400. Sell Nifty Spot @ 4295 SL 4320 target 4275, 4250.

Tuesday, May 19, 2009

Charts for 19 May 2009;

Today,
  1. PCR was 1.21, 5 dma of PCR was 1.146.
  2. VIX was 58.10 , 5 dma of VIX was 50.49,
  3. FII were net buyers for 4792.56 cr, and DII were net sellers for 1964.19 cr.
  4. In May FII have bought for 12902.29 cr and DII have sold for 1317.35 cr.
  5. OI in Nifty May Series Futures, was 3,75,41,150, an addition of 5,30,250 or 1.43%.
  6. OI in Nifty June Series Futures, was 24,05,250, an addition of 1,36,350 or 6.01%.
  7. OI in Nifty July Series Futures, was 61,950, a subtraction of -1,100 or -1.74%.
  8. OI in 4300 CE was 11,68,350, a change of 3,44,400 or 41.80%.
  9. OI in 4400 PE was 4,32,050, a change of 4,32,050, all were added today.

Intraday Charts

19 May:Supports & Resistances

Nifty Has Resistances at: 4388, 4410, 4454, 4519, 4552, 4581, 4679, 4714 Nifty Has Supports at: 4279, 4258, 4224, 4199, 4193, 4128, 4113, 3968, 3932, 3869, 3841 Be Patient, if you have missed these Shock Gaps. Will reap the crop, a good measure at the right time.

Charts for 18 May 2009

Monday, May 18, 2009

Saturday, May 16, 2009

The Judgement Day - Return of The Serd

So, the reults are out. The UPA is likely to be back in power. Investors are bullish. This is not only the victory of UPA, it's also the victory of The Quantitative Analysis Approach. Only this blog was Boldly Bullish, rest were hiding behind the curtains (including most of the biggest names in Indian TA). Some were even asking for a public criticism of this blog, but they have been silenced and their puts would become worthless, pretty soon. God Sees Truth But Waits. I didn't sleep last thursday night, trying to reach a decision, whether I should remain Long or Short. This was an acid test for Quantitative Analysis Approach. And the results are out. I am sorry for those who have lost money, as a result of shorting this rally. But not for those who think that I manipulated the market, by being boldly bullish. Those who sincerely dislike me should try to find some reasons for doing so, and devise some methods for defeating me in this game. "If you even dream of beating me you'd better wake up and apologize." (Mohammed Ali) Mohammed Javed Akhtar

Friday, May 15, 2009

Life in The Fast Lane

  1. Closing VIX for 15 May 2009 was 49.64 i.e., -3.14%. 5 dma was 51.04.
  2. PCR was 1.10. 5 dma was 0.99.
  3. OI in Nifty Futures May Series was 3,65,86,750 change from yesterday -4,43,550 i.e., -1.20%.
  4. OI in Nifty Futures June Series was 22,69,000 change from yesterday +2,95,600 i.e., +14.98%.
  5. OI in Nifty Futures July Series was 63,050 change from yesterday +550, i.e., +0.88%.
  6. FII were net buyers in Cash Segment for 983.86 cr and DII were net buyers for 432.47 cr.
  7. OI in 3700 CE was 32,58,350 up by 2,80,850 or 9.43%.
  8. OI in 3600 PE was 52,45,700 up by 10,80,400 or 25.94%.
  9. OI in 3800 CE was 45,09,400 up by 408850 or 9.97%.
  10. OI in 3500 PE was 47,85,700 up by 7,51,950 or 18.64%

For Kind Attention of HNIs MFs & IIs

Gentlemen, Greetings! With folded hands, I request all of you to please do not send me e-mails, as I receive plenty of those and generally don't pay much attention to. My Fax no is (+91) 11 - 23536001. Secondly and most importantly, I can not service accounts which are less than 1 crore INR or 200,000 USD, and I have no refernces to give. I hope your love and co-operation continues as before. With Warm Regards, *MJ Akhtar*

For 15 May 2009

Long Side
  1. BUY NIFTY SPOT AT 3608, STOP LOSS = 3593, TARGET = 3622, 3632, 3651, 3665, 3677, 3687.
  2. BUY BANKNIFTY SPOT AT 5520, STOP LOSS = 5497, TARGET = 5552, 5571, 5609, 5636, 5660, 5680.
  3. BUY RELIANCE SPOT AT 1916, STOP LOSS = 1908, TARGET = 1923, 1928, 1938, 1945, 1951, 1956.
  4. BUY SBI SPOT AT 1275, STOP LOSS = 1266, TARGET = 1284, 1290, 1302, 1310, 1317, 1323.
  5. BUY EDUCOMP SPOT AT 2401, STOP LOSS = 2388, TARGET = 2417, 2427, 2448, 2462, 2475, 2485.
Short Side
  1. SELL NIFTY SPOT AT 3579, STOP LOSS = 3593, TARGET = 3565, 3555,3536, 3522,
  2. SELL BANKNIFTY SPOT AT 5470, STOP LOSS = 5492, TARGET = 5438, 5419,5381, 5354,
  3. SELL RELIANCE SPOT AT 1902, STOP LOSS = 1909, TARGET = 1895, 1890,1880, 1873,
  4. SELL SBI SPOT AT 1260, STOP LOSS = 1268, TARGET = 1250, 1245,1233, 1225,
  5. SELL EDUCOMP SPOT AT 2373, STOP LOSS = 2385, TARGET = 2357, 2347,2326, 2312,

Thursday, May 14, 2009

Charts for 14 May 2009

  1. Today Closing VIX was 51.25, and 5 dma of Closing VIX was 54.08.
  2. PCR was 1.03, and 5 dma of PCR was 0.93.
  3. OI in Nifty Futures May series was 3,70,30,300 up by 3,85,500 or 1.05%, and Nifty was down by -1.15%. OI in June Series was 19,73,400 up by 3,03,400 or 18.17% (OMG). OI in July Series was 62500 up by 5100 or 8.89%.
  4. FII were net buyers in the equity of about 4085.20 crores.
  5. Out of total FII investments into equity for the year 2009, which is 9972.20 cr, 9616.10 has been made in May alone!!!
  6. The swing high is 3717.05, and low is 3534.20, and important level is 3647, below which Nifty continues to be weak in the short term.
  7. OI in 3700 CE was 29,77,500, up by 214650, or +7.77%.
  8. OI in 3600 PE was 41,65,300, down by -1,92,150,or -4.41%.
  9. OI in 4000 CE was 29,96,700, up by 8,01,900,or +36.54%.

For 14 May 2009

Long Side
  1. Buy NIFTY Spot @ 3686 SL=3668 Targets=3695, 3724, 3733, 3748, 3759, 3771,
  2. Buy BANKNIFTY Spot @ 5592 SL=5565 Targets=5606, 5651, 5664, 5687, 5705, 5723,
  3. Buy RELIANCE Spot @ 1959 SL=1947 Targets=1965, 1985, 1991, 2001, 2010, 2018,
  4. Buy SBI Spot @ 1297 SL=1288 Targets=1302, 1318, 1323, 1331, 1338, 1344,
  5. Buy EDUCOMP Spot @ 2494 SL=2476 Targets=2504, 2536, 2546, 2562, 2575, 2588,
  6. Buy ONGC Spot @ 877 SL=869 Targets=882, 898, 903, 910, 917, 923,
  7. Buy ICICIBANK Spot @ 567 SL=562 Targets=570, 580, 583, 587, 591, 595,
  8. Buy RELINFRA Spot @ 813 SL=805 Targets=817, 833, 837, 845, 851, 857,
  9. Buy RELCAPITAL Spot @ 584 SL=578 Targets=587, 598, 601, 606, 610, 615,
  10. Buy DLF Spot @ 240 SL=231 Targets=246, 265, 271, 281, 288, 296,
  11. Buy ABAN Spot @ 486 SL=481 Targets=489, 499, 502, 507, 510, 514,
  12. Buy BHEL Spot @ 1710 SL=1696 Targets=1717, 1741, 1748, 1760, 1769, 1779,
  13. Buy INFOSYSTCH Spot @ 1591 SL=1583 Targets=1594, 1606, 1610, 1616, 1620, 1625,
  14. Buy NTPC Spot @ 192 SL=191 Targets=193, 195, 195, 196, 197, 198,
  15. Buy BHARTIARTL Spot @ 812 SL=806 Targets=816, 828, 832, 838, 843, 847,
  16. Buy ITC Spot @ 192 SL=191 Targets=192, 194, 195, 196, 196, 197,
  17. Buy LT Spot @ 991 SL=984 Targets=994, 1006, 1009, 1015, 1020, 1024,
  18. Buy ABB Spot @ 477 SL=474 Targets=479, 486, 488, 491, 494, 497,
  19. Buy HDFCBANK Spot @ 1187 SL=1178 Targets=1191, 1206, 1211, 1219, 1225, 1231,
  20. Buy TATASTEEL Spot @ 274 SL=272 Targets=276, 280, 281, 284, 286, 287,
  21. Buy MARUTI Spot @ 862 SL=855 Targets=866, 878, 882, 888, 893, 898,
  22. Buy TATAMOTORS Spot @ 269 SL=267 Targets=270, 274, 275, 276, 278, 279,
  23. Buy WIPRO Spot @ 386 SL=381 Targets=388, 396, 398, 402, 405, 409,
  24. Buy AXISBANK Spot @ 684 SL=679 Targets=687, 697, 700, 705, 709, 712,
  25. Buy CAIRN Spot @ 213 SL=211 Targets=214, 217, 218, 220, 221, 222,
  26. Buy HEROHONDA Spot @ 1208 SL=1203 Targets=1211, 1219, 1222, 1226, 1229, 1233,
  27. Buy M&M Spot @ 523 SL=519 Targets=525, 531, 533, 537, 539, 542,
Short Side
  1. Sell NIFTY Spot @ 3660 SL=3675 Targets=3648, 3634, 3625, 3596, 3587, 3572, 3561, 3549,
  2. Sell BANKNIFTY Spot @ 5552 SL=5575 Targets=5534, 5511, 5498, 5453, 5439, 5417, 5399, 5381,
  3. Sell RELIANCE Spot @ 1941 SL=1950 Targets=1932, 1922, 1916, 1896, 1890, 1880, 1872, 1863,
  4. Sell SBI Spot @ 1283 SL=1290 Targets=1276, 1268, 1263, 1247, 1242, 1234, 1228, 1221,
  5. Sell EDUCOMP Spot @ 2465 SL=2480 Targets=2452, 2436, 2426, 2394, 2384, 2368, 2355, 2342,
  6. Sell ONGC Spot @ 863 SL=870 Targets=857, 849, 844, 829, 824, 816, 810, 804,
  7. Sell ICICIBANK Spot @ 558 SL=563 Targets=554, 549, 546, 537, 534, 529, 525, 521,
  8. Sell RELINFRA Spot @ 799 SL=806 Targets=793, 786, 781, 766, 761, 754, 748, 742,
  9. Sell RELCAPITAL Spot @ 574 SL=579 Targets=570, 565, 562, 551, 548, 543, 539, 534,
  10. Sell DLF Spot @ 223 SL=231 Targets=215, 206, 200, 181, 175, 166, 158, 150,
  11. Sell ABAN Spot @ 477 SL=482 Targets=474, 469, 466, 456, 453, 448, 445, 441,
  12. Sell BHEL Spot @ 1688 SL=1699 Targets=1678, 1667, 1659, 1635, 1628, 1616, 1607, 1597,
  13. Sell INFOSYSTCH Spot @ 1580 SL=1586 Targets=1575, 1569, 1566, 1554, 1551, 1545, 1540, 1535,
  14. Sell NTPC Spot @ 191 SL=192 Targets=190, 189, 188, 187, 186, 185, 184, 184,
  15. Sell BHARTIARTL Spot @ 802 SL=807 Targets=797, 791, 787, 775, 771, 765, 761, 756,
  16. Sell ITC Spot @ 190 SL=191 Targets=189, 188, 188, 186, 185, 184, 184, 183,
  17. Sell LT Spot @ 981 SL=986 Targets=976, 970, 967, 955, 952, 946, 942, 937,
  18. Sell ABB Spot @ 471 SL=474 Targets=469, 465, 463, 457, 455, 452, 449, 446,
  19. Sell HDFCBANK Spot @ 1173 SL=1180 Targets=1167, 1159, 1155, 1139, 1135, 1127, 1121, 1115,
  20. Sell TATASTEEL Spot @ 270 SL=272 Targets=268, 266, 265, 260, 259, 256, 255, 253,
  21. Sell MARUTI Spot @ 851 SL=857 Targets=846, 840, 836, 824, 820, 814, 809, 804,
  22. Sell TATAMOTORS Spot @ 266 SL=268 Targets=265, 263, 262, 259, 258, 256, 254, 253,
  23. Sell WIPRO Spot @ 379 SL=382 Targets=375, 371, 369, 361, 359, 355, 352, 349,
  24. Sell AXISBANK Spot @ 676 SL=680 Targets=672, 667, 664, 654, 651, 646, 643, 639,
  25. Sell CAIRN Spot @ 210 SL=211 Targets=209, 207, 206, 203, 202, 200, 199, 198,
  26. Sell HEROHONDA Spot @ 1201 SL=1205 Targets=1197, 1193, 1191, 1182, 1180, 1175, 1172, 1169,
  27. Sell M&M Spot @ 517 SL=520 Targets=514, 510, 508, 502, 500, 496, 494, 491,

Wednesday, May 13, 2009

Charts For 13 May 2009

  • Today Closing VIX was 50.73, and 5 dma of Closing VIX was 54.77.
  • PCR was 0.96, and 5 dma of PCR was 0.87.
  • Open Interest of Nifty Futures current month series was 3,66,44,800 , change was -5.14%, and Nifty was down by -1.25%.
  • FII were net buyers in the equity of about 493.80 crores.
  • The swing high is 3717.05, and low is 3534.20, and important level is 3647.
  • Nifty is likely to jump in a gap the range of 3717 - 3747, if ever.
  • Change in OI of 3700 CE was +17.36
  • Change in OI of 3600 PE was +15.14