November 18, 2013

HOME

Intraday Calls


On the previous trading day the NIFTY closed at 6056 up 66 points. High for the day was 6101 and the low for the day was 6036. Total range for the day was 64 points. Today NIFTY opened at  6111 up 65 points. High for the day till 9:47 a.m. is 6143 and low is 6110. I am expecting an intraday dip of about 50 points.

Today's Intraday Calls:  

  • Bought TCS 2054 S L 2042 10:07 a.m. 
  • Sold INDUSINDBK 418 S L 422 10:36 a.m.
  • Revise S L in TCS 2049 11:18 a.m.
  • Revise S L in INDUSINDBK 420.10 12:07 p.m.
  • Sold NIFTY FUTURE 6176 S L 6193 12:30 p.m.
  • Revise S L in INDUINDBK 418.10 12:48 p.m. 

NIFTY is 6155 up 99 points till 1:14 p.m. Top gainers for NIFTY are LT, ITC, and ONGC and losers are LUPIN, SSTL, and COALINDIA. Here you can find more detail on gainers and losers.

Dow future is down by 5 points and Euro zone future are also weak by about 5-10 points. Here you can find more detail on world market futures.

I don't expect much down side for today. 25-40 points dip in NIFTY will be a good entry point.


  • Bought INDUSINDBK 412 2:01 p.m.
  • Bought NIFTY FUTURE 6165 2:06 p.m.
  • Bought SBIN 1749 S L 1735 2:15 p.m. 
  • Revise S L in SBIN 1750 3:02 p.m.
  • Sold SBIN 1768 3:13 p.m.
As expected dip was there but it was not significant. NIFTY Future low was around 6161. I said in 'weekly review' that BANKNIFTY is stronger than NIFTY. You can see that BANKNIFTY is up by 3 percent and NIFTY is up by 2 percent.  I have closed all Intraday trades. BTST for the day is none. STBT for the day is non

No comments:

Post a Comment