Saturday, October 10, 2009
Friday, September 11, 2009
Thursday, September 10, 2009
Wednesday, September 9, 2009
Quotable Quotes by Market Bigwigs
George Soros -->
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong."
"Playing by the rules, one does the best he can, irrespective of the social consequences. Whereas in making the rules, people ought to be concerned with the social consequences and not with their personal interests."
"I rely a great deal on animal instincts."
Was he one of the world's greatest investors?
George Soros will always be remembered for his almost $1 billion profits made when he shorted the British Pound. Or making over 60% yearly returns on his Quantum Fund with almost $4 billion under management.
Staggering returns by any standard! But not too many seem to recall George Sosros's horrific 60%+ losses in his funds when he was caught in the 1987 crash!
In fact, Soros even admits that he is rarely more than half right!
Warren Buffet -->
I never buy anything unless I can fill out on a piece of paper my reasons.
I may be wrong, but I would know the answer to that. “I’m paying $32 billion today for the Coca Cola Company because ...” If you can’t answer that question, you shouldn’t buy it. If you can answer that question, and you do it a few times, you’ll make a lot of money
"Rule No.1 is never lose money. Rule No.2 is never forget rule number one."
"Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner."
"All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies."
"Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it."
"If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it."
David Dreman -->
"Psychology is probably the most important factor in the market – and one that is least understood."
"I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.'"
"One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks."
"If you have good stocks and you really know them, you'll make money if you're patient over three years or more."
Philip A. Fisher -->
"I don't want a lot of good investments; I want a few outstanding ones."
"I remember my sense of shock some half-dozen years ago when I read a [stock] recommendation to sell shares of a company . . . The recommendation was not based on any long-term fundamentals. Rather, it was that over the next six months the funds could be employed more profitably elsewhere."
Benjamin Graham -->
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks."
"Even the intelligent investor is likely to need considerable willpower to keep from following the crowd."
"It is absurd to think that the general public can ever make money out of market forecasts."
William H. Gross -->
"Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make."
"Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count … Good [investment] ideas should not be diversified away into meaningless oblivion."
Carl Icahn -->
"I make money. Nothing wrong with that. That's what I want to do. That's what I'm here to do. That's what I enjoy."
"CEOs are paid for doing a terrible job. If the system wasn't so messed up, guys like me wouldn't make this kind of money."
"When most investors, including the pros, all agree on something, they're usually wrong."
Jesse L. Livermore -->
"Profits always take care of themselves but losses never do."
"The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think."
"When it comes to selling stocks, it is plain that nobody can sell unless somebody wants those stocks. If you operate on a large scale, you will have to bear that in mind all the time.”
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market. The stock market is the greatest, most complex puzzle ever invented – and it pays the biggest jackpot….it was never the money that drove me. It was the game, solving the puzzle, beating the market that had confused and confounded the greatest minds in history. For me, that passion, the juice, the exhilaration was in beating the game, a game that was a living dynamic riddle, a conundrum to everyone who speculated on Wall Street.
Peter Lynch -->
"Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it."
"If you stay half-alert, you can pick the spectacular performers right from your place of business or out of the neighborhood shopping mall, and long before Wall Street discovers them."
"Investing without research is like playing stud poker and never looking at the cards."
"Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide."
Bill Miller -->
"I often remind our analysts that 100% of the information you have about a company represents the past, and 100% of a stock's valuation depends on the future."
"The market does reflect the available information, as the professors tell us. But just as the funhouse mirrors don't always accurately reflect your weight, the markets don't always accurately reflect that information. Usually they are too pessimistic when it's bad, and too optimistic when it's good."
"What we try to do is take advantage of errors others make, usually because they are too short-term oriented, or they react to dramatic events, or they overestimate the impact of events, and so on."
Julian Robertson -->
"Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them. If the 200 best don't do better than the 200 worst, you should probably be in another business."
"When Robertson is convinced that he is right," a former Tiger executive notes, "Julian bets the farm."
"Hear a [stock] story, analyze and buy aggressively if it feels right."
John Templeton -->
"Rejecting technical analysis as a method for investing, Templeton says, "You must be a fundamentalist to be really successful in the market."
"Invest at the point of maximum pessimism."
"If you want to have a better performance than the crowd, you must do things differently from the crowd."
Ralph Wanger -->
"An attractive investment area must have favorable characteristics that should last five years or longer."
"Chances are, things have changed enough so that whatever made you a success thirty years ago doesn't work anymore. I think that by concentrating on smaller companies, you improve your chances of catching the next wave."
"If you believe you or anyone else has a system that can predict the future of the stock market, the joke is on you."
William J. O'Neil -->
"Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable."
"The whole secret to winning and losing in the stock market is to lose the least amount possible when you're not right."
"What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower."
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong."
"Playing by the rules, one does the best he can, irrespective of the social consequences. Whereas in making the rules, people ought to be concerned with the social consequences and not with their personal interests."
"I rely a great deal on animal instincts."
Was he one of the world's greatest investors?
George Soros will always be remembered for his almost $1 billion profits made when he shorted the British Pound. Or making over 60% yearly returns on his Quantum Fund with almost $4 billion under management.
Staggering returns by any standard! But not too many seem to recall George Sosros's horrific 60%+ losses in his funds when he was caught in the 1987 crash!
In fact, Soros even admits that he is rarely more than half right!
Warren Buffet -->
I never buy anything unless I can fill out on a piece of paper my reasons.
I may be wrong, but I would know the answer to that. “I’m paying $32 billion today for the Coca Cola Company because ...” If you can’t answer that question, you shouldn’t buy it. If you can answer that question, and you do it a few times, you’ll make a lot of money
"Rule No.1 is never lose money. Rule No.2 is never forget rule number one."
"Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner."
"All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies."
"Look at market fluctuations as your friend rather than your enemy. Profit from folly rather than participate in it."
"If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it."
David Dreman -->
"Psychology is probably the most important factor in the market – and one that is least understood."
"I paraphrase Lord Rothschild: ‘The time to buy is when there's blood on the streets.'"
"One of the big problems with growth investing is that we can't estimate earnings very well. I really want to buy growth at value prices. I always look at trailing earnings when I judge stocks."
"If you have good stocks and you really know them, you'll make money if you're patient over three years or more."
Philip A. Fisher -->
"I don't want a lot of good investments; I want a few outstanding ones."
"I remember my sense of shock some half-dozen years ago when I read a [stock] recommendation to sell shares of a company . . . The recommendation was not based on any long-term fundamentals. Rather, it was that over the next six months the funds could be employed more profitably elsewhere."
Benjamin Graham -->
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks."
"Even the intelligent investor is likely to need considerable willpower to keep from following the crowd."
"It is absurd to think that the general public can ever make money out of market forecasts."
William H. Gross -->
"Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make."
"Do you really like a particular stock? Put 10% or so of your portfolio on it. Make the idea count … Good [investment] ideas should not be diversified away into meaningless oblivion."
Carl Icahn -->
"I make money. Nothing wrong with that. That's what I want to do. That's what I'm here to do. That's what I enjoy."
"CEOs are paid for doing a terrible job. If the system wasn't so messed up, guys like me wouldn't make this kind of money."
"When most investors, including the pros, all agree on something, they're usually wrong."
Jesse L. Livermore -->
"Profits always take care of themselves but losses never do."
"The average man doesn't wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think."
"When it comes to selling stocks, it is plain that nobody can sell unless somebody wants those stocks. If you operate on a large scale, you will have to bear that in mind all the time.”
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market. The stock market is the greatest, most complex puzzle ever invented – and it pays the biggest jackpot….it was never the money that drove me. It was the game, solving the puzzle, beating the market that had confused and confounded the greatest minds in history. For me, that passion, the juice, the exhilaration was in beating the game, a game that was a living dynamic riddle, a conundrum to everyone who speculated on Wall Street.
Peter Lynch -->
"Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it."
"If you stay half-alert, you can pick the spectacular performers right from your place of business or out of the neighborhood shopping mall, and long before Wall Street discovers them."
"Investing without research is like playing stud poker and never looking at the cards."
"Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide."
Bill Miller -->
"I often remind our analysts that 100% of the information you have about a company represents the past, and 100% of a stock's valuation depends on the future."
"The market does reflect the available information, as the professors tell us. But just as the funhouse mirrors don't always accurately reflect your weight, the markets don't always accurately reflect that information. Usually they are too pessimistic when it's bad, and too optimistic when it's good."
"What we try to do is take advantage of errors others make, usually because they are too short-term oriented, or they react to dramatic events, or they overestimate the impact of events, and so on."
Julian Robertson -->
"Our mandate is to find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them. If the 200 best don't do better than the 200 worst, you should probably be in another business."
"When Robertson is convinced that he is right," a former Tiger executive notes, "Julian bets the farm."
"Hear a [stock] story, analyze and buy aggressively if it feels right."
John Templeton -->
"Rejecting technical analysis as a method for investing, Templeton says, "You must be a fundamentalist to be really successful in the market."
"Invest at the point of maximum pessimism."
"If you want to have a better performance than the crowd, you must do things differently from the crowd."
Ralph Wanger -->
"An attractive investment area must have favorable characteristics that should last five years or longer."
"Chances are, things have changed enough so that whatever made you a success thirty years ago doesn't work anymore. I think that by concentrating on smaller companies, you improve your chances of catching the next wave."
"If you believe you or anyone else has a system that can predict the future of the stock market, the joke is on you."
William J. O'Neil -->
"Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable."
"The whole secret to winning and losing in the stock market is to lose the least amount possible when you're not right."
"What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower."
Monday, August 31, 2009
Tuesday, August 25, 2009
Thursday, August 20, 2009
Tuesday, August 11, 2009
INDIAN way of doing business:
Three contractors are bidding to fix a broken fence at the White House in D.C. One from Bangladesh, another from India and the third, from China.
They go with a White House official to examine the fence.
The Bangladesh contractor takes out a tape measure and does some measuring, then works some figures with a pencil. "Well", he says, "I figure the job will run about $900. ($400 for materials, $400 for my team and $100 profit for me)".
The Chinese contractor also does some measuring and figuring, then says, "I can do this job for $700. ($300 for materials, $300 for my team and $100 profit for me)".
The Indian contractor doesn't measure or figure, but leans over to the White House official and whispers, "$2,700."
The official, incredulous, says, "You didn't even measure like the other guys! How did you come up with such a high figure?"
The Indian contractor whispers back, "$1000 for me, $1000 for you, and we hire the guy from China to fix the fence."
"Done!” replies the government official.
Three contractors are bidding to fix a broken fence at the White House in D.C. One from Bangladesh, another from India and the third, from China.
They go with a White House official to examine the fence.
The Bangladesh contractor takes out a tape measure and does some measuring, then works some figures with a pencil. "Well", he says, "I figure the job will run about $900. ($400 for materials, $400 for my team and $100 profit for me)".
The Chinese contractor also does some measuring and figuring, then says, "I can do this job for $700. ($300 for materials, $300 for my team and $100 profit for me)".
The Indian contractor doesn't measure or figure, but leans over to the White House official and whispers, "$2,700."
The official, incredulous, says, "You didn't even measure like the other guys! How did you come up with such a high figure?"
The Indian contractor whispers back, "$1000 for me, $1000 for you, and we hire the guy from China to fix the fence."
"Done!” replies the government official.
Tuesday, July 28, 2009
RBI Credit policy
RBI Credit Policy :
• RBI keeps key policy rates unchanged
• Repo rate unchanged at 4.75%
• Reverse repo rate unchanged at 3.25%
• RBI expects GDP to grow at 6% this fiscal
• Raises inflation forecast to 5%
• Money supply growth seen at 18%
• Scope for banks to cut the lending rates
• RBI keeps key policy rates unchanged
• Repo rate unchanged at 4.75%
• Reverse repo rate unchanged at 3.25%
• RBI expects GDP to grow at 6% this fiscal
• Raises inflation forecast to 5%
• Money supply growth seen at 18%
• Scope for banks to cut the lending rates
28-07-2009
Results today: BPCL, Grasim, HUL, 3i Infotech, ABG Shipyard, Bajaj Hindusthan, Everest Kanto, GMR Infra, GVK Power, HMT, Kingfisher, Kotak Mahindra Bank, McDowell Holdings, Mahindra Ugine, Mcleod Russel, Mercator Lines, Mundra Port, Neyveli Lignite, Religare, REC, Tata Tea G.M
Today RBI Credit Policy is alo there. Please trade with caution
Today RBI Credit Policy is alo there. Please trade with caution
Friday, July 3, 2009
Budget Strategy
Aggressive traders can buy 4300 PE and 4400 CE and try to sell both in profit on Monday as i expect market to swing both sides. My more bias is on negative side though. No matter what happens do not carry these positions post monday
Explaination:
Today call are positive and puts are also positive what does this imply ??? There are going to be sharp swings on both sides i suppose. As implied volatilities are high options premiums are also high. Traders who are long might not get a chance to exit also. Although Reliance slowly inching towards negative zone today... Remember it has become fundamentally weak also hence can prove to be a major laggard for Nifty. Plan to cover the Fiscal Deficit by selling Government stake in PSU's (Disinvestment lingo) can hit lots of hurdles... Who has got the money to buy stake in PSU's ? Who will buy as there is already a financial crunch ? Which bank will fund private players ? Last time i confirmed they told me entire world is in recession.
Explaination:
Today call are positive and puts are also positive what does this imply ??? There are going to be sharp swings on both sides i suppose. As implied volatilities are high options premiums are also high. Traders who are long might not get a chance to exit also. Although Reliance slowly inching towards negative zone today... Remember it has become fundamentally weak also hence can prove to be a major laggard for Nifty. Plan to cover the Fiscal Deficit by selling Government stake in PSU's (Disinvestment lingo) can hit lots of hurdles... Who has got the money to buy stake in PSU's ? Who will buy as there is already a financial crunch ? Which bank will fund private players ? Last time i confirmed they told me entire world is in recession.
Thursday, May 14, 2009
Thursday, April 23, 2009
Thursday 23-04-2009
Nifty Trader
Nifty Previous Closing - 3330.3
Pivot - 3342
Supports - 3284, 3238, 3180
Resistances - 3388, 3445, 3492
NF curr month - 3323.4
Expect a flat opening of +/- 5 points
Nifty Previous Closing - 3330.3
Pivot - 3342
Supports - 3284, 3238, 3180
Resistances - 3388, 3445, 3492
NF curr month - 3323.4
Expect a flat opening of +/- 5 points
Wednesday, April 22, 2009
Wednesday 22-04-2009
Nifty Trader
Nifty Previous Closing - 3365.3
Pivot - 3363
Supports - 3311, 3257, 3206
Resistances - 3416, 3468, 3522
NF curr month - 3365.85
Expect flat to positive opening of +/- 5 points
Nifty Previous Closing - 3365.3
Pivot - 3363
Supports - 3311, 3257, 3206
Resistances - 3416, 3468, 3522
NF curr month - 3365.85
Expect flat to positive opening of +/- 5 points
Tuesday, April 21, 2009
Tuesday 21-04-2009
Nifty Trader
Nifty Previous Closing - 3377.1
Pivot - 3385
Supports - 3330, 3284, 3230
Resistances - 3434, 3487, 3535
NF curr month - 3370.7
Expect a negative open of -20 / -25 points
Nifty Previous Closing - 3377.1
Pivot - 3385
Supports - 3330, 3284, 3230
Resistances - 3434, 3487, 3535
NF curr month - 3370.7
Expect a negative open of -20 / -25 points
Monday, April 20, 2009
Monday 20-04-2009
Nifty Trader
Nifty Previous Closing - 3384.5
Pivot - 3411
Supports - 3333, 3280, 3200
Resistances - 3463, 3541, 3595
NF curr month - 3381.3
Expect a negative open of -15 / -20 points
Nifty Previous Closing - 3384.5
Pivot - 3411
Supports - 3333, 3280, 3200
Resistances - 3463, 3541, 3595
NF curr month - 3381.3
Expect a negative open of -15 / -20 points
Friday, April 17, 2009
Friday 17-04-2009
Nifty Trader
Nifty Previous Closing - 3369.5
Pivot - 3411
Supports - 3312, 3254, 3155
Resistances - 3469, 3568, 3626
NF curr month - 3375.6
Expect a positive opening of +15, +20 points
Nifty Previous Closing - 3369.5
Pivot - 3411
Supports - 3312, 3254, 3155
Resistances - 3469, 3568, 3626
NF curr month - 3375.6
Expect a positive opening of +15, +20 points
Thursday, April 16, 2009
Thursday 16-04-2009
Nifty Trader
Nifty Previous Closing - 3484.15
Pivot - 3431
Supports - 3365, 3245, 3179
Resistances - 3550, 3617, 3737
NF curr month - 3492.9
Expect a flat to postive open of +/- 5 points
Nifty Previous Closing - 3484.15
Pivot - 3431
Supports - 3365, 3245, 3179
Resistances - 3550, 3617, 3737
NF curr month - 3492.9
Expect a flat to postive open of +/- 5 points
Wednesday, April 15, 2009
Wednesday 15-04-2009
Nifty Previous Closing - 3382.6
Pivot - 3378
Supports - 3338, 3295, 3255
Resistances - 3422, 3461, 3505
NF curr month - 3390.9
Expect a flat opening of +/- 5 points
Pivot - 3378
Supports - 3338, 3295, 3255
Resistances - 3422, 3461, 3505
NF curr month - 3390.9
Expect a flat opening of +/- 5 points
Monday, April 13, 2009
Monday 13-04-2009
Nifty Trader
Previous Closing: 3342.05
Pivot: 3350
Supports: 3299, 3255, 3205
Resistances: 3390, 3444, 3490
Expect a positive opening of +25, 30 points near R1 3390
Previous Closing: 3342.05
Pivot: 3350
Supports: 3299, 3255, 3205
Resistances: 3390, 3444, 3490
Expect a positive opening of +25, 30 points near R1 3390
Thursday, April 9, 2009
Thursday 09-04-2009
Nifty Trader
Previous close - 3342.95
Pivot - 3283
Supports - 3209, 3075, 3000
Resistances - 3417, 3491, 3625
Expect a positive opening of +20, +25 points
Previous close - 3342.95
Pivot - 3283
Supports - 3209, 3075, 3000
Resistances - 3417, 3491, 3625
Expect a positive opening of +20, +25 points
Wednesday, April 8, 2009
Wednesday 08-04-2009
Nifty Trader
Previous Close - 3256.6
Pivot - 3257
Supports - 3210, 3165, 3115
Resistances - 3303, 3350, 3395
Expect a negative opening of -70, -75 points above S2 3165
Monday, April 6, 2009
Monday 06-04-2009
Nifty Trader
Previous Closing - 3211.05
Pivot - 3167
Supports - 3105, 2999, 2937
Resistances - 3272, 3333, 3440
NF curr month - 3222.6
Expect a positive gap up opening of +40, +45 points
Previous Closing - 3211.05
Pivot - 3167
Supports - 3105, 2999, 2937
Resistances - 3272, 3333, 3440
NF curr month - 3222.6
Expect a positive gap up opening of +40, +45 points
Thursday, April 2, 2009
Thursday 02-04-2009
Nifty Previous Closing - 3060.35
Pivot - 3031
Supports - 2994, 2929, 2890
Resistances - 3097, 3135, 3201
NF curr month - 3061.5
Expect a positive opening of +20, +25 points
Pivot - 3031
Supports - 2994, 2929, 2890
Resistances - 3097, 3135, 3201
NF curr month - 3061.5
Expect a positive opening of +20, +25 points
Wednesday, April 1, 2009
Wednesday 01-04-2009
Nifty Trader
Previous Close - 3020.95
Pivot - 3024
Supports - 2933, 2965, 2935
Resistances - 3051, 3081, 3010
NF - 3015.25
Expect a positve opening of +15, +20 points
Previous Close - 3020.95
Pivot - 3024
Supports - 2933, 2965, 2935
Resistances - 3051, 3081, 3010
NF - 3015.25
Expect a positve opening of +15, +20 points
Tuesday, March 31, 2009
Tuesday 31-03-2009
Nifty Trader
Nifty Previous Closing - 2978.15
Pivot - 3017
Supports - 2923, 2869, 2777
Resistances - 3071, 3164, 3219
NF curr month - 2988.1
Expect a flat to negative opening
Nifty Previous Closing - 2978.15
Pivot - 3017
Supports - 2923, 2869, 2777
Resistances - 3071, 3164, 3219
NF curr month - 2988.1
Expect a flat to negative opening
Monday, March 30, 2009
Monday 30-03-2009
Nifty Trader
Previous Closing - 3108.65
Pivot - 3096
Supports - 3068, 3028, 3001
Resistances - 3136, 3163, 3203
NF curr month - 3124.55
Expect a negative gap down opening of -25, -30 points
Previous Closing - 3108.65
Pivot - 3096
Supports - 3068, 3028, 3001
Resistances - 3136, 3163, 3203
NF curr month - 3124.55
Expect a negative gap down opening of -25, -30 points
Friday, March 27, 2009
Friday 27-03-2009
Nifty Trader
Previous Close - 3082.25
Pivot - 3056
Supports - 3010, 2935, 2888
Resistances - 3130, 3180, 3250
Expect a positive opening of +20, +25 points
Previous Close - 3082.25
Pivot - 3056
Supports - 3010, 2935, 2888
Resistances - 3130, 3180, 3250
Expect a positive opening of +20, +25 points
Thursday, March 26, 2009
Thursday 26-03-2009
Nifty Trader
Previous Close - 2984.35
Pivot - 2968
Supports - 2935, 2835, 2865
Resistances - 3010, 3040, 3085
Expect a positive opening of +15, +20 points
Previous Close - 2984.35
Pivot - 2968
Supports - 2935, 2835, 2865
Resistances - 3010, 3040, 3085
Expect a positive opening of +15, +20 points
Wednesday, March 25, 2009
Wednesday 25-03-2009
Nifty Trader
Previous Close - 2938.7
Pivot - 2956
Supports - 2895, 2855, 2795
Resistances - 2999, 3060, 3105
Expect a flat to negative opening of -5, -10 points
Previous Close - 2938.7
Pivot - 2956
Supports - 2895, 2855, 2795
Resistances - 2999, 3060, 3105
Expect a flat to negative opening of -5, -10 points
Tuesday, March 24, 2009
Tuesday 24-03-2009
Nifty Trader
Previous Close - 2939.9
Pivot - 2898
Supports - 2845, 2765, 2705
Resistances - 2990, 3040, 3135
Expect a positive opening of +25, +30 points
Previous Close - 2939.9
Pivot - 2898
Supports - 2845, 2765, 2705
Resistances - 2990, 3040, 3135
Expect a positive opening of +25, +30 points
Friday, March 20, 2009
Friday 20-03-2009
Nifty Trader
Previous Close - 2807.15
Pivot - 2800
Supports - 2780, 2750, 2727
Resistances - 2828, 2850, 2880
Expect a flat to negative opening of -5,-10 points
Previous Close - 2807.15
Pivot - 2800
Supports - 2780, 2750, 2727
Resistances - 2828, 2850, 2880
Expect a flat to negative opening of -5,-10 points
Thursday, March 19, 2009
Thursday 19-03-2009
Nifty Trader
Previous Close - 2794.7
Pivot - 2794
Supports - 2750, 2710, 2670
Resistances - 2835, 2880, 2920
Expect a flat to positive opening of +15,+20 points
Previous Close - 2794.7
Pivot - 2794
Supports - 2750, 2710, 2670
Resistances - 2835, 2880, 2920
Expect a flat to positive opening of +15,+20 points
Wednesday, March 18, 2009
Wednesday 18-03-2009
Nifty Trader
Previous Close - 2757.45
Pivot - 2767
Supports - 2730, 2700, 2660
Resistances - 2795, 2835, 2865
Expect a flat to positive opening of +15,+20 points near R1
Previous Close - 2757.45
Pivot - 2767
Supports - 2730, 2700, 2660
Resistances - 2795, 2835, 2865
Expect a flat to positive opening of +15,+20 points near R1
Tuesday, March 17, 2009
Tuesday 17-03-2009
Nifty Trader
Previous Close - 2781.95
Pivot - 2753
Supports - 2725, 2675, 2645
Resistances - 2805, 2835, 2885
Expect a flat to positive opening of +5,+10 points
Previous Close - 2781.95
Pivot - 2753
Supports - 2725, 2675, 2645
Resistances - 2805, 2835, 2885
Expect a flat to positive opening of +5,+10 points
Monday, March 16, 2009
March 16-03-2009
Nifty Trader
Previous Close - 2719.25
Pivot - 2687
Supports - 2645, 2575, 2540
Resistances - 2760, 2800, 2870
Expect a flat to positive opening of +5,+10 points
Previous Close - 2719.25
Pivot - 2687
Supports - 2645, 2575, 2540
Resistances - 2760, 2800, 2870
Expect a flat to positive opening of +5,+10 points
Friday, March 13, 2009
Friday 13-03-2009
Nifty Trader
Previous Close - 2617.45
Pivot - 2612
Supports - 2580, 2540, 2505
Resistances - 2650, 2685, 2720
Expect a positive gap up opening of +50,+60 points
Thursday, March 12, 2009
Thursday 12-03-2009
Nifty Trader
Previous Close - 2573.15
Pivot - 2583
Supports - 2545, 2515, 2480
Resistances - 2610, 2650, 2675
Expect a positive gap up opening of +50,+60 points
Previous Close - 2573.15
Pivot - 2583
Supports - 2545, 2515, 2480
Resistances - 2610, 2650, 2675
Expect a positive gap up opening of +50,+60 points
Monday, March 9, 2009
Monday 09-03-2009
Nifty Trader
Previous Close - 2620.45
Pivot - 2596
Supports - 2565, 2505, 2475
Resistances - 2650, 2685, 2740
Expect a flat to negative opening of -15, -20 points
Previous Close - 2620.45
Pivot - 2596
Supports - 2565, 2505, 2475
Resistances - 2650, 2685, 2740
Expect a flat to negative opening of -15, -20 points
Friday, March 6, 2009
Friday 06-03-2009
Nifty Trader
Previous Close - 2576.7
Pivot - 2601
Supports - 2540, 2500, 2440
Resistances - 2640, 2700, 2740
Expect a negative opening of -35, -40 points
Previous Close - 2576.7
Pivot - 2601
Supports - 2540, 2500, 2440
Resistances - 2640, 2700, 2740
Expect a negative opening of -35, -40 points
Thursday, March 5, 2009
Thursday 05-03-2009
Nifty Trader
Previous Close - 2622.40
Pivot - 2637
Supports - 2620, 2595, 2575
Resistances - 2665, 2680, 2705
Expect a flat to positive open of +15, +20 points
Previous Close - 2622.40
Pivot - 2637
Supports - 2620, 2595, 2575
Resistances - 2665, 2680, 2705
Expect a flat to positive open of +15, +20 points
Wednesday, March 4, 2009
Wednesday 04-03-2009
Nifty Trader
Previous Close - 2622.40
Pivot - 2640
Supports - 2595, 2565, 2545
Resistances - 2670, 2715, 2745
Expect a flat to positive open of +5, +10 points
Previous Close - 2622.40
Pivot - 2640
Supports - 2595, 2565, 2545
Resistances - 2670, 2715, 2745
Expect a flat to positive open of +5, +10 points
Tuesday, March 3, 2009
Tuesday 03-03-2009
Nifty Trader
Previous Close - 2674.60
Pivot - 2699
Supports - 2635, 2595, 2530
Resistances - 2740, 2805, 2845
Expect a negative open of -35,-40 points
Previous Close - 2674.60
Pivot - 2699
Supports - 2635, 2595, 2530
Resistances - 2740, 2805, 2845
Expect a negative open of -35,-40 points
Monday, March 2, 2009
Monday 02-03-2009
Nifty Trader
Previous Close - 2763.65
Pivot - 2753
Supports - 2720, 2675, 2640
Resistances - 2800, 2830, 2875
Expect a negative open of -35,-40 points
Previous Close - 2763.65
Pivot - 2753
Supports - 2720, 2675, 2640
Resistances - 2800, 2830, 2875
Expect a negative open of -35,-40 points
Friday, February 27, 2009
Rollover :
Market wide Rollover was 77.09%
Nifty F&O Rollover was 76.27%
Good Rollovers : Idea Cellular (90%), ICICI Bank (85%), GMR Infrastructure (85%),Reliance Power (84%) and Reliance Natural Resources (84%)
Poor Rollovers : KS Oils (53%), Unitech (65%), National Thermal PowerCorporation (66%) and DLF (72%)
Source: Options Outlook
Market wide Rollover was 77.09%
Nifty F&O Rollover was 76.27%
Good Rollovers : Idea Cellular (90%), ICICI Bank (85%), GMR Infrastructure (85%),Reliance Power (84%) and Reliance Natural Resources (84%)
Poor Rollovers : KS Oils (53%), Unitech (65%), National Thermal PowerCorporation (66%) and DLF (72%)
Source: Options Outlook
Friday 27-02-2009
Nifty Trader
Previous Close - 2785.65
Pivot - 2771
Supports - 2755, 2705, 2680
Resistances - 2810, 2835, 2875
Expect a flat to positive open of +5,+10 points
Previous Close - 2785.65
Pivot - 2771
Supports - 2755, 2705, 2680
Resistances - 2810, 2835, 2875
Expect a flat to positive open of +5,+10 points
Thursday, February 26, 2009
Thursday 26-02-2009
FEB series Expiry Special
Based upon Open Interest and rollover data, derivative analysis following scrips can give strong upward and downward moves after 2.30 PM
Upward Move stocks:
ONGC
MAruti
Downward Move stocks:
VOLTAS
IDBI
Gitanjali Gems
Thursday 26-02-2009
Nifty Trader
Previous Close - 2762.50
Pivot - 2761
Supports - 2735, 2705, 2675
Resistances - 2790, 2815, 2845
Expect a positive gap up open of +20,+25 points
Previous Close - 2762.50
Pivot - 2761
Supports - 2735, 2705, 2675
Resistances - 2790, 2815, 2845
Expect a positive gap up open of +20,+25 points
Wednesday, February 25, 2009
Wednesday 25-02-2009
Nifty Trader
Previous Close - 2733.9
Pivot - 2719
Supports - 2690, 2650, 2620
Resistances - 2760, 2785, 2828
Expect a positive gap up open of +30,+35 points
Previous Close - 2733.9
Pivot - 2719
Supports - 2690, 2650, 2620
Resistances - 2760, 2785, 2828
Expect a positive gap up open of +30,+35 points
Tuesday, February 24, 2009
Tuesday 24-02-2009
Nifty Trader
Previous Close - 2736.45
Pivot - 2745
Supports - 2700, 2665, 2620
Resistances - 2780, 2825, 2860
Expect a negative open -20,-25 points
Previous Close - 2736.45
Pivot - 2745
Supports - 2700, 2665, 2620
Resistances - 2780, 2825, 2860
Expect a negative open -20,-25 points
Thursday, February 19, 2009
Thursday 19-02-2009
Nifty Trader
Previous Close- 2776.15
Pivot- 2773
Supports- 2740, 2705, 2670
Resistances- 2810, 2845, 2880
Expect a flat to egative opening of -10, -15 points
Previous Close- 2776.15
Pivot- 2773
Supports- 2740, 2705, 2670
Resistances- 2810, 2845, 2880
Expect a flat to egative opening of -10, -15 points
Wednesday, February 18, 2009
Wednesday 18-02-2009
Nifty Trader
Previous Close - 2770.50
Supports - 2735, 2695, 2635
Resistances - 2830, 2890, 2929
Expect a negative open -30,-35 points
Previous Close - 2770.50
Supports - 2735, 2695, 2635
Resistances - 2830, 2890, 2929
Expect a negative open -30,-35 points
Tuesday, February 17, 2009
Tuesday 17-02-2009
Nifty Trader
Previous Close - 2848.50
Supports - 2805, 2765, 2965
Resistances - 2920, 2995, 3035
Expect a negative open -30,-35 points
Previous Close - 2848.50
Supports - 2805, 2765, 2965
Resistances - 2920, 2995, 3035
Expect a negative open -30,-35 points
Monday, February 16, 2009
Monday 16-02-2009
Nifty Trader
Previous Close - 2948.35
Pivot - 2938
Supports - 2905, 2865, 2835
Resistances - 2955, 3010, 3080
Expect a flat to negative open -10,-15 points
Previous Close - 2948.35
Pivot - 2938
Supports - 2905, 2865, 2835
Resistances - 2955, 3010, 3080
Expect a flat to negative open -10,-15 points
Thursday, February 12, 2009
Thursday 12-02-2009
Nifty Trader
Previous Close - 2925.70
Pivot - 2913
Supports - 2890, 2855, 2830
Resistances - 2950, 2975, 3010
Expect a flat to negative open -20,-25 points
Previous Close - 2925.70
Pivot - 2913
Supports - 2890, 2855, 2830
Resistances - 2950, 2975, 3010
Expect a flat to negative open -20,-25 points
Wednesday, February 11, 2009
Wednesday 11-02-2009
Nifty Trader
Previous Close - 2934.5
Pivot - 2928
Supports - 2900, 2860, 2835
Resistances - 2965, 2995, 3030
Expect a flat to negative open -30,-35 points
Previous Close - 2934.5
Pivot - 2928
Supports - 2900, 2860, 2835
Resistances - 2965, 2995, 3030
Expect a flat to negative open -30,-35 points
Tuesday, February 10, 2009
Tuesday 10-02-2009
Nifty Trader
Previous Close - 2919.9
Pivot - 2895
Supports - 2865, 2810, 2777
Resistances - 2950, 2985, 3040
Expect a flat to negative open -10,-15 points
Previous Close - 2919.9
Pivot - 2895
Supports - 2865, 2810, 2777
Resistances - 2950, 2985, 3040
Expect a flat to negative open -10,-15 points
Monday, February 9, 2009
Monday 09-02-2009
Nifty Trader
Previous Close - 2843.10
Supports - 2800, 2750, 2727
Resistances - 2870, 2900, 2950
Previous Close - 2843.10
Supports - 2800, 2750, 2727
Resistances - 2870, 2900, 2950
Friday, February 6, 2009
Friday 06-02-2009
Nifty Trader
Previous Close - 2780.05
Pivot - 2784
Supports - 2750, 2720, 2690
Resistances - 2810, 2845, 2975
Expect a flat to positive open +25,+30 points between R1 and R2
Previous Close - 2780.05
Pivot - 2784
Supports - 2750, 2720, 2690
Resistances - 2810, 2845, 2975
Expect a flat to positive open +25,+30 points between R1 and R2
Thursday, February 5, 2009
Thursday 05-02-2009
Nifty Trader
Previous Close - 2803.05
Pivot - 2808
Supports - 2777, 2745, 2710
Resistances - 2835, 2870, 2900
Expect a flat to negative open -25,-30 points and take support at S2, 2745
Previous Close - 2803.05
Pivot - 2808
Supports - 2777, 2745, 2710
Resistances - 2835, 2870, 2900
Expect a flat to negative open -25,-30 points and take support at S2, 2745
Wednesday, February 4, 2009
Wednesday 04-02-2009
Nifty Trader
Previous Close - 2783.90
Pivot - 2789
Supports - 2750, 2710, 2666
Resistances - 2825, 2865, 2905
Expect a flat to positive open +20,+25 points and take resistance at R1, 2825
Previous Close - 2783.90
Pivot - 2789
Supports - 2750, 2710, 2666
Resistances - 2825, 2865, 2905
Expect a flat to positive open +20,+25 points and take resistance at R1, 2825
Monday, February 2, 2009
Monday 02-02-2009
Nifty Trader
Previous Close - 2874.80
Pivot - 2843
Supports - 2805, 2735, 2700
Resistances - 2910, 2950, 3020
Expect a flat to negative open -20,-25 points and take support at S1, 2805
Previous Close - 2874.80
Pivot - 2843
Supports - 2805, 2735, 2700
Resistances - 2910, 2950, 3020
Expect a flat to negative open -20,-25 points and take support at S1, 2805
Friday, January 30, 2009
Friday 30-01-2009
Nifty Trader
Previous Close - 2823.95
Pivot - 2831
Supports - 2790, 2750, 2710
Resistances - 2865, 2910, 2945
Expect a flat to negative open -10,-15 points near S2, 2790
Previous Close - 2823.95
Pivot - 2831
Supports - 2790, 2750, 2710
Resistances - 2865, 2910, 2945
Expect a flat to negative open -10,-15 points near S2, 2790
Thursday, January 29, 2009
Thursday 29-01-2009
Nifty Trader
Previous Close - 2849.50
Pivot - 2823
Supports - 2790, 2735, 2700
Resistances - 2880, 2915, 2970
Expect a dark green positive open of +40,+45 points near R2, 2880
Previous Close - 2849.50
Pivot - 2823
Supports - 2790, 2735, 2700
Resistances - 2880, 2915, 2970
Expect a dark green positive open of +40,+45 points near R2, 2880
Wednesday, January 28, 2009
Wednesday 28-01-2009
Nifty 2800 CE did a high of 60 today. It has again come near our buying cost. Thats why we never ask anyone to book loss in it.
Wednesday 28-01-2009
Nifty Trader
Previous Close - 2771.35
Pivot - 2744
Supports - 2710, 2650, 2620
Resistances - 2805, 2835, 2895
Expect a flat to positive open of +20,+25 points
Previous Close - 2771.35
Pivot - 2744
Supports - 2710, 2650, 2620
Resistances - 2805, 2835, 2895
Expect a flat to positive open of +20,+25 points
Tuesday, January 27, 2009
Tuesday 27-01-2009
Nifty Trader
Previous Close - 2678.55
Pivot - 2701
Supports - 2640, 2600, 2535
Resistances - 2745, 2805, 2845
Expect a flat to positive open of +20,+25 points
Previous Close - 2678.55
Pivot - 2701
Supports - 2640, 2600, 2535
Resistances - 2745, 2805, 2845
Expect a flat to positive open of +20,+25 points
Thursday, January 22, 2009
Thursday 22-01-2009
Nifty Trader
Previous Close - 2706.15
Pivot - 2727
Supports - 2666, 2630, 2570
Resistances - 2765, 2828, 2860
Expect a flat to positive open of +20,+25 points and take resistance near R1, 2765
Previous Close - 2706.15
Pivot - 2727
Supports - 2666, 2630, 2570
Resistances - 2765, 2828, 2860
Expect a flat to positive open of +20,+25 points and take resistance near R1, 2765
Wednesday, January 21, 2009
Strategy for 21-01-2009
If Nifty spot opens gap down and takes support at S2 of 2715... One can buy Nifty futures for intraday with 2700 as stop loss
Wednesday 21-01-2009
Nifty Trader
Previous Close - 2796.6
Pivot - 2799
Supports - 2755, 2715, 2670
Resistances - 2840, 2888, 2925
Expect a negative opening of -60,-65 points and take support near R2, 2715
Previous Close - 2796.6
Pivot - 2799
Supports - 2755, 2715, 2670
Resistances - 2840, 2888, 2925
Expect a negative opening of -60,-65 points and take support near R2, 2715
Tuesday, January 20, 2009
Options call
Nifty 2800 CE given in the morning did 74/75. Intraday traders can book profits. Positional traders book part and carry rest for tomo.
Tuesday 20-01-2009
Previous Close - 2846.2
Pivot - 2844
Supports - 2820, 2800, 2777
Resistances - 2870, 2895, 2920
Expect a flat to negative opening of -20,-25 points
Pivot - 2844
Supports - 2820, 2800, 2777
Resistances - 2870, 2895, 2920
Expect a flat to negative opening of -20,-25 points
Friday, January 16, 2009
Friday 16-01-2009
Nifty Trader
Previous Close - 2736.7
Pivot - 2756
Supports - 2680, 2626, 2550
Resistances - 2810, 2885, 2940
Expect a flat to positive opening of +20,+25 points
Previous Close - 2736.7
Pivot - 2756
Supports - 2680, 2626, 2550
Resistances - 2810, 2885, 2940
Expect a flat to positive opening of +20,+25 points
Thursday, January 15, 2009
Thursday 15-01-2009
Nifty Trader
Previous Close - 2835.3
Pivot - 2812
Supports - 2770, 2705, 2666
Resistances - 2875, 2920, 2980
Expect a negative opening of -40-45 points
Previous Close - 2835.3
Pivot - 2812
Supports - 2770, 2705, 2666
Resistances - 2875, 2920, 2980
Expect a negative opening of -40-45 points
Wednesday, January 14, 2009
Options Positions
SBI 1200 CA given at 31-33, Now did 50... Book profits or trail stop loss now. Call closed from my side
L&T 740 CA call is still open. Last traded price was 28/29
Wednesday 14-01-2008
Nifty Trader
Previous Close - 2744.95
Pivot - 2756
Supports - 2710, 2675, 2626
Resistances - 2790, 2835, 2875
Expect a flat to positive opening of +20,+25 points
Previous Close - 2744.95
Pivot - 2756
Supports - 2710, 2675, 2626
Resistances - 2790, 2835, 2875
Expect a flat to positive opening of +20,+25 points
Tuesday, January 13, 2009
13-01-2009
Options calls
Buy L&T 740 CA at 30-32 stop loss at 677 spot
Tuesday 13-01-2009
Nifty Trader
Previous Close - 2773.1
Pivot - 2797
Supports - 2727, 2675, 2605
Resistances - 2845, 2920, 2965
Expect a flat to negative opening of -20-25 points
Previous Close - 2773.1
Pivot - 2797
Supports - 2727, 2675, 2605
Resistances - 2845, 2920, 2965
Expect a flat to negative opening of -20-25 points
Monday, January 12, 2009
Monday 12-01-2009
Nifty Trader
Previous Close - 2873
Pivot - 2867
Supports - 2815, 2760, 2705
Resistances - 2925, 2975, 3035
Expect a flat to negative opening of -20-30 points
Previous Close - 2873
Pivot - 2867
Supports - 2815, 2760, 2705
Resistances - 2925, 2975, 3035
Expect a flat to negative opening of -20-30 points
Friday, January 9, 2009
Friday 09-01-2009
Nifty Trader
Previous Close - 2920.4
Pivot - 2985
Supports - 2828, 2727, 2565
Resistances - 3080, 3245, 3340
Expect a flat to negative opening of -40-50 points
Previous Close - 2920.4
Pivot - 2985
Supports - 2828, 2727, 2565
Resistances - 3080, 3245, 3340
Expect a flat to negative opening of -40-50 points
Wednesday, January 7, 2009
Wednesday 07-01-2008
Nifty Trader
Previous Close - 3112.8
Pivot - 3103
Supports - 3065, 3015, 2980
Resistances - 3150, 3190, 3235
Expect a flat to positive opening of +30-35 points
Previous Close - 3112.8
Pivot - 3103
Supports - 3065, 3015, 2980
Resistances - 3150, 3190, 3235
Expect a flat to positive opening of +30-35 points
Tuesday, January 6, 2009
Tuesday 06-01-2009
Nifty Trader
Previous Close - 3121.45
Pivot - 3103
Supports - 3075, 3030, 2999
Resistances - 3150, 3175, 3225
Expect a flat to positive opening of +20-25 points
Previous Close - 3121.45
Pivot - 3103
Supports - 3075, 3030, 2999
Resistances - 3150, 3175, 3225
Expect a flat to positive opening of +20-25 points
Monday, January 5, 2009
Nifty 3200 CE
Book full profits in Nifty 3200 CE at 78-80. More than 30% profits in our Nifty strategy call.
Sunday, January 4, 2009
Monday 05-01-2009
Nifty Trader
Previous Close - 3046.75
Pivot - 3049
Supports - 3020, 2990, 2960
Resistances - 3075, 3105, 3135
Expect a flat to positive opening of +50-55 points
Previous Close - 3046.75
Pivot - 3049
Supports - 3020, 2990, 2960
Resistances - 3075, 3105, 3135
Expect a flat to positive opening of +50-55 points
Friday, January 2, 2009
Friday 02-01-2009
Nifty Trader
Previous Close - 3303.45
Pivot - 3012
Supports - 2985, 2935, 2910
Resistances - 3060, 3090, 3135
Expect a flat to positive opening of +15-20 points
Previous Close - 3303.45
Pivot - 3012
Supports - 2985, 2935, 2910
Resistances - 3060, 3090, 3135
Expect a flat to positive opening of +15-20 points
Thursday, January 1, 2009
Thursday 01-01-2009
Nifty Trader
Previous Close- 2959.15
Pivot- 2966
Supports- 2930, 2900, 2865
Resistances- 2995, 3030, 3060
Expect a flat to positive open
Previous Close- 2959.15
Pivot- 2966
Supports- 2930, 2900, 2865
Resistances- 2995, 3030, 3060
Expect a flat to positive open
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