November 27, 2013

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Intraday Calls

During previous intraday the Nifty made a high of 6112 and low 6047. After making an intraday range of 65 points the Nifty closed at 6059. On the last trading day, European indices were down. FTSE was down 58 points, CAC was down 24 points, and DAX was down 10 points. US markets were flat to positive. Dow Jones closed up 0.26 points, Nasdaq was up by 23 points and S&P 500 was up by 0.27 points.

Yesterday, FIIs sold Rs. 339 crores in cash segment whereas DIIs sold Rs. 357 crores in cash. FIIs sold Rs. 16 crores in Index futures and FIIs sold Rs. 316 crores of index options. In stock futures FIIs sold Rs. 490 crores and in stock options FIIs bought Rs. 42 crores.   

In Nifty options segment, Nifty 6200 call adds 7.2 lac shares and Nifty 6100 call adds 11.45 lac shares. Whereas Nifty 6100 put sheds 10.25 lac shares and Nifty 6000 put sheds 12.8 lac shares. Nifty 6050 put adds 4.15 lac shares. Till expiry, Nifty should take support around 6000.   

Today morning, Asian markets are trading mix. Nikkei down points 53, Hang Seng down 27 points Taiwan up by 44 points and Kospi down by 7 points. Here you can find latest detail on world market indices along with intraday charts. SGX Nifty is trading 12 points negative till 7:05 a.m. So we can expect a flat to negative opening.

Today Nifty opened at 6062 positive 4 points. Nifty has made a low of 6050 and high of 6074 till 9:47 a.m. We can see a recovery in market after going down by 25 to 30 points.

Today's Intraday Calls:


  • Sold NIFTY Future 6070 S L 6091 9:55 a.m.
  • Revise S L in NIFTY Future to 6072
  • Sold LT 996 S L 1008 9:39 a.m. 
  • Bought NIFTY Future 6049 11:56 a.m.
  • Bought PNB 523.50 S L 519 12:04 p.m.
  • Bought LT 1001 12:28 p.m.
  • Revise S L in PNB to 524.90

Nifty is at 6045 down 13 points. Nifty made an intraday high of 6074 and low of  6033 till 1 p.m. Top gainers for Nifty are ONGC, BPCL, and TATAMOTORS whereas losers are JPASSOCIAT, BHARTIARTL, and POWERGRID. Here you can find more detail on gainers and losers. Dow future is up by 13 points and Euro zone futures are up by about 6 to 12 points. Here you can find full detail on world market futures

On the options front, Nifty 6100 call adds 16.7 lac shares and Nifty 6050 call also add more than 10.2 lac shares. On the put side, there is no significant activity. Nifty 6100 call now have highest OI and on the other hand Nifty 6000 put still have the highest OI. Intraday data of options suggests that, bears have made a resistance at 6100 level and bulls are defending 6000 level for Nifty. Full detail of Nifty options can be viewed here 


  • S L hit in PNB 524.90
  • Bought RELINFRA 404.50 S L 400.90 2:12 p.m. 
  • Sold RELINFRA 407 3:05 p.m.

After making the low of 6030, Nifty is near its high of 6074 till 3:05 p.m. As expected, the level of 6000 acts as support. Intraday options data tells that bulls will save the level of 6000. Nifty 6100 call adds 14.2 lac shares and Nifty 6050 call adds 12.2 lac shares. Nifty 6050 put adds 4 lac shares and Nifty 6000 put also adds 13.3 lac shares. I have closed all Intraday trades. BTST for the day is none. STBT for the day is none.



1 comment:

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