Wednesday 31-12-2008

Nifty Trader

Previous Close - 2979.50

Pivot - 2959

Supports - 2929, 2860, 2820

Resistances - 3020, 3060, 3120

Expect a flat to positive opening of +20-25 points

Tuesday 30-12-2008

Last calls wrap-up
Buy Jan Nifty 3200 CE at 116-117
Buy Jan Nifty 3000 PE at 125-126 ==================================================
Total premium paid ---> 126+117 = 243
Booked Nifty 3000 PE at 240-245
So now our Nifty 3200 CE trading near 48-50 levels is our profit.
Basically on an investment of 245 we are earning 48-50 Rs in less than 10 days.
One can calculate the returns percentage wise.
===================================================
SBI 1320 CA given yesterday did a high of 62. Thats double overnight. Book profits or trail stop loss. Call closed from my side.

Tuesday 30-12-2008

Nifty Trader

Previous Close - 2922.20

Pivot - 2888

Supports - 2845, 2770, 2727

Resistances - 2965, 3003, 3080

Expect a flat to positive opening by +20-25 points

Monday 29-12-2008

Risky Trades

One can buy

RIL 1320 CA between 25-30

SBI 1320 CA between 28-32

Try to buy at lowest prices possible

Options call

Book Nifty 3000 PE between 240-245 or more and hold the Nifty 3200 Call. This way our entire cost is recovered by selling the put. Holding the free call now

Monday 29-12-2008

Nifty Trader

Previous Close - 2857.25

Pivot - 2887

Supports - 2815, 2770, 2700

Resistances - 2930, 3003, 3045

Expect a flat to negative opening

Friday 26-12-2008

Nifty Trader

Previous Close - 2916.85

Pivot - 2928

Supports - 2888, 2860, 2820

Resistances - 2956, 2995, 3025

Expect a flat to positive opening

Tuesday 23-12-2008

Nifty Trader

Previous Close - 3039.30

Pivot - 3059

Supports - 3010, 2975, 2925

Resistances - 3090, 3145, 3175

Expect a flat to negative opening

Monday 22-12-2008

Options Call

Buy Jan Nifty 3200 CE at 116-117

Buy Jan Nifty 3000 PE at 125-126

Holding for a period of upto 10 Days. Combined Target 340+

One can buy multiple 1 lot

Monday 22-12-2008

Nifty Trader

Previous Close - 3077.50

Pivot - 3073

Supports - 3040, 3005, 2970

Resistances - 3111, 3145, 3180

Expect a flat to positive opening

19-12-2008

Nifty Trader

Previous Close - 3060.75

Pivot - 3018

Supports - 2965, 2870, 2815

Resistances - 3115, 3170, 3265

Expect a flat to positive opening today

Thursday 18-12-2008

Nifty Trader

Previous Close - 2954.35 

Pivot - 2991

Supports - 2905, 2860, 2775

Resistances - 3040, 3125, 3170 

Expect a positive gap up opening of upto +30 points

Wednesday 17-12-2008

Nifty Trader

Previous Close - 3041.75 

Pivot - 3019

Supports - 2985, 2929, 2900

Resistances - 3075, 3111, 3165 

Expect a positive gap up opening of upto +60 points

Tuesday 16-12-2008

Nifty Trader

Previous Close - 2981.20

Pivot - 2970

Supports - 2929, 2875, 2830

Resistances - 3025, 3065, 3111

Expect a negative gap down opening of upto -30 points

Monday 15-12-2008

Nifty Trader

Previous Close - 2921.35 

Pivot - 2890

Supports - 2845, 2765, 2720

Resistances - 2965, 3015, 3090 

Expect a positive gap up opening of upto +75 points

Wednesday 03-12-2008

Nifty Trader

Previous Close - 2657.80 

Pivot - 2633

Supports - 2595, 2530, 2490

Resistances - 2695, 2735, 2800 

Expect a positive gap up opening of +25 points

Tuesday 02-12-2008

Nifty Trader

Previous Close - 2682.42 

Pivot - 2728

Supports - 2625, 2565, 2460

Resistances - 2790, 2888, 2950 

Expect a negative gap down opening of -80 points

Monday 01-12-2008

Nifty Trader

Previous Close - 2755.10 

Pivot - 2742

Supports - 2700, 2650, 2515

Resistances - 2795, 2830, 2888 

Expect a flat to positive gap up opening