Intraday calls for 09-11-12
Markets likely to open flat, Support for Nifty at 5680, resistance at 5760
Buy MT Educare around 108-110, Target: 116, SL 106 – (Book profit in MT educare at 112)
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cerulean Says:
November 10th, 2012
Posted at: 12:14 am
Hi CB,Hi SM, Not entered any trade today .There is so much we have learn't form you guys .Thanks for everything..
Happy Danteras to all..
Priyanka Says:
November 10th, 2012
Posted at: 12:26 am
Hi cerulean, Hi Gitanjali.... Happy weekend..GN...Take care...
HAM Says:
November 10th, 2012
Posted at: 12:37 am
The below reply was exactly I replied earlier... Thank u for letting me know..
Hi Priyanka, Good evening. Undoubtedly, it was my day but didn't get profits in lakhs, only 23,000/- cuz I booked 70% profits in my puts yesterday and later bought some before closing at highs near 5740.. But this time puts hasn't increased much, extrinsic value shrinks... Just holding only 30% as of now with SL of 5750. Will short again, if breaks 5640 support level...
Hope u enjoyed profits in SBI puts and V-guard as they reacted exactly to ur expectations and I noticed some people like Komsid and others earned good profits in SBI puts with the help of ur's prediction? Good and I appreciate ur talent once again..
Did u see lead, tanked 2.5% trading near 118 levels.. As we expected, 121.5 resistance worked well.. exactly made a high of 121.65.
Thank u once again for the reply on that day regarding it's levels.
Hi debu, Y'r always welcome :) Wish u too a happy week-end and wish u very DIWALI to u and your dear ones. Tc. Good night Bro :)
Hi prams, Good evening :)
HAM Says:
November 10th, 2012
Posted at: 12:45 am
Obama 'Open to New Ideas, but Rich Must Pay More tax::
President Barack Obama said Friday he was "open to new ideas" in efforts to resolve the fiscal crisis, but he insisted that raising taxes for the wealthy must be part of any deal.
The president also announced in a punchy, televised White House statement, his first public appearance since his election night address, that he would call top Republican and Democratic leaders to the White House next week.
"I'm not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. I'm not going to do that."
Obama's approach left room for negotiation with Republicans and could possibly permit a compromise that keeps income tax rates the same for the rich, but involves a removal of deductions on investment income.
He spoke at the White House in front of invited guests who applauded his comments, but Wall Street didn't like what it heard. Stocks surrendered some earlier gains.
It was Obama's most detailed comments on trying to avert the so-called "fiscal cliff" since he won re-election Tuesday.
He also invited business and congressional leaders of both parties to the White House next week for talks on how to avoid the "fiscal cliff."
He urged Congress to act, including passing a bill that would prevent Bush-era tax cuts from expiring for all but the wealthiest Americans.
He said the plan must spur jobs and economic growth. And while the talks are under way, he called for extending the middle class tax cuts now.
Earlier, House Speaker John Boehner said he was "hopeful" that Republicans and the Obama administration can resolve the fiscal crisis.
"This is an opportunity for the president to lead," the Ohio Republican told reporters.
HAM Says:
November 10th, 2012
Posted at: 12:48 am
Britain ending financial aid to emerging power India ::
Britain will stop giving financial aid to India by 2015, the government said on Friday, marking a shift in ties between the one-time imperial power and its fast-growing former colony. The move follows anger at handouts to an economy which is Asia's third largest and has a space program, at a time of spending cuts and economic gloom in the United Kingdom.
India became independent from British rule in 1947. It is now the third largest investor in Britain and its companies own flagship brands including Jaguar Land Rover.
Despite India's rapid economic development over the past decade it suffers deep pockets of severe malnutrition and extreme poverty.
The move is unlikely to anger the Indian government, whose former finance minister described Britain's aid contribution to India as a 'peanut.' In 2011, Prime Minister Manmohan Singh announced a $5 billion aid credit line for Africa.
Controversy over the aid program flared after former International Development Secretary Andrew Mitchell said last year the GBP 280 million annual assistance was partly about "seeking to sell the Typhoon."
India later entered into exclusive negotiations with France's Rafale fighter, rejecting the British-backed plane for an estimated $15 billion contract.
Kartik Says:
November 10th, 2012
Posted at: 12:48 am
Hi YOGI, GE, not really sure what you mean !
Hi cerulean, Good night
Kartik Says:
November 10th, 2012
Posted at: 12:48 am
Hi HAM, please dont post duplicate comments, its filling up the comment page
HAM Says:
November 10th, 2012
Posted at: 12:50 am
Hi Kartik, Good night...
Priyanka Says:
November 10th, 2012
Posted at: 12:51 am
Hi HAM, Thanks for re-posting.....
Ya, today puts did not rise as expected.
Any way, 23k is a good amount...
Congrats for fighting against odds and making profits!
Komskid,mahender,etc.. made profits on my prediction.
I too made 15k.
Currently, I am holding 60 lots of 5800 calls nov series at average 40
As of now,I am in huge loss.
Now I am doubtful about 5800 for this series.
Maximum I expect 5750.
I think I can exit 50% at 5720 and 50% 5750.
Any suggestion from your end ?
Lead behaved today as per our analysis.
My friends shorted it @120 and covered at 118.35
Good profit for them.
They asked me to convey their thanks to you...
Rise Says:
November 10th, 2012
Posted at: 12:52 am
sir hercules m holding 400 quantity at 185....in every quarter it posted gud results...bt its unable to break 142 ....y is it so.....i m holding it since long sir....wat u thnk of it :)
HAM Says:
November 10th, 2012
Posted at: 12:55 am
Hi Kartik, Ok, actually my previous reply to Priyanka, Debu and Prams 10:01pm. is in spam, that's why pasted again. Will avoid it from here and plz take care of the spam thing too... Thank u :)
Kartik Says:
November 10th, 2012
Posted at: 12:56 am
Hi Rise, has been in a consolidation mode since Oct 2011, faces strong support at 125-130, seems may take some more time to settle before giving a breakout above 150, if possible hold it for another 5-6 months time
Indu Says:
November 10th, 2012
Posted at: 2:02 am
Hi HAM,
I sent you an email requesting option tips. If you find any, can you post them.
Thanks,
Indu
CB Says:
November 10th, 2012
Posted at: 3:02 am
Hi HAM, Good night..
raghavendra Says:
November 10th, 2012
Posted at: 4:49 am
Hi Chirag..How r u?
Been here after long now..I have LT puts 1600..how do u see it trading next week?
Thanks
Kb trader Says:
November 10th, 2012
Posted at: 7:27 am
Hi CB, Good morning cbbbbbb