may i go long or short at opening in nifty

Hi Kartik, What level can REC see today.. should i hold or sell. I have REC @238

hi kartik,
can i short the bharti and rcom for today.

gudmrning karthik sir,i have suzlon@50,tvsmotors@60,suntv@430 is there is anyscope today

gm cb / kartik. can GAIL be bot today for intraday?? if yes, give entry n exit price.

Hi sumit, you may short Bharti on rise

Hi anoop, they are likely to trade flat today, might take some time to recover, hold them for 2-3 months

Hi kfathima, it looks expensive at CMP, wait for a dip in it

Hi pankaj, can be bought if Markets manage to see some recovery can see 450

Hi sekhar, Good morning

Hi Karthik,

I am sorry to bother again. But could not sleep y'day with the load of the 5600CE:(

What strategy would you suggest today for me?

Hi, good morning... Holding Escorts at rs.119... Wat can be today's target?

Hi Ary, we face strong support at 5430 if we manage to break it today, then enter 2-3 puts to hedge

Hi anoop, most welcome

Hi CM Raghu, can see 221

BGR has fallen from 850 levels...do you see a recovery coming soon?

Hi protap, Good morning

Hi AJ, no, it had rallied quite a lot in the past few months, might take some time to recover

GUD MORNING.........

Investors crowd Wall St exits on Libyan unrest
Wall Street suffered its worst day since August on Tuesday as investors dumped stocks on turmoil in oil exporter Libya, in what could be the start of a long-anticipated pullback after a lengthy rally.

Sir GM. Shall I short Mar Nifty. Pl Guide.

So that means I have to part with the CE as it is with the huge losses?

Ur views on sun tv, educomp,ifci for intraday?

Kartik, can I buy nifty March futures if we hold on to 5430 for some time ?

RUPEE SEEN STEADY EARLY AS ASIAN PEERS RISE

Hi protap, no, it looks weak

Hi Venkatagee, no

Hi dak, yes (enter mini nifty)

Hi gaps, yes, below 298

Hi CM Raghu, they are likely to trade flat today

Hi,

Whats ur view on Aban for intraday.

Research In Motion, looking to fend off rivals and assure wary Indian customers of its encrypted communications services, said its major competitors would face the same pressures over government security concerns.

Hi Milind, it looks weak below 580, likely to trade flat

Hi ARIJIT, no

Hi shiva, book proifts in P/E's if we manage to sustain 5430 today, continue to hold your CALLS for some more time, with a SL at 5420

can I buy tata stell 640 call for march series??

Budget View - Pharma firms want tax cuts, R&D sops boost

Drugmakers want tax exemption deadline for export oriented unit (EOUs) to be extended and want infrastructure or priority sector status in the budget on Feb 28.

Morning Kartik, what about GAIL of yesterday

Morning karthik sir, please tell me buying rate of tatsteel,oncw mkt recovers... as if open &High are same what it shows

may i go long in minifty

hiiiiii kartik,,,,,gdmrng........can i buy RIIL today for intraday? If yes,, plzz tell me the target price & stoploss.....

Hi Kartik,
Good Morning, Whats your say on petronet KNG short ?

hi sir...goodmorning...i have ranbaxy @496...what should i9 do now?it is about 476 nw....kindly reply me...

SHARES IN RELIANCE INDUSTRIES UP 0.5 PCT IN TRADE

can I enter tata steel or RIL call??

Derivatives Desk>> ITT BUY HINDALCO 213.50 SL 210.50 TGT 220

How abt IFCI?? I have Bot @ 51.65

thanxxxxx sir.........

may i exit short for now without any loss

Hi Karthik,

Please can you suggest some PE for hedging....

HI CB
CAN I REENTER GAIL FOR INTRADAY TODAY AT CMP 444

Derivatives Desk>> ITT NUY LICHSGFIN 194 SL 191.50 TGT

Thanks karthik sir

( DERIVATIVES DESK )> ITTT - BUY NIFTY 5500 CE @ 30 , SL 15 , TGT 60

Derivatives Desk>> ITT NUY LICHSGFIN 194 SL 191.50 TGT 199

NIFTY GAINERS - STERLITE INDUSTRIES UP 2.6 PCT, HDFC UP 2 PCT, AMBUJA CEMENTS GAINS 1.7 PCT

target for reliance industrial infrastructure for today?? had bought at 731.50

sir tata stell traget sir

Derivatives Desk>> BTST ABGSHIP DAY'S HIGH 369.70.. BOOK 50% BTWN 369.70-370.50

Hi madhu, no, its a avoid as of now

Hi 100rabh, wait for some time

Hi Maddy, around 730

Hi ramaswamy, GM

Hi viji, most welcome

Hi rameshb, not yet

Hi SS, can be a risky bet since Markets look uncertain

Asian stocks were flat to slightly lower on Wednesday after Wall Street's worst showing since August, and oil hovered near 2-1/2 year highs as the revolt against Libya's Muammar Gaddafi reduced crude output in Africa's third-largest producer.

karthik............can we buy INFY 3150 CALL just for intraday?

hiiii kartik,,,,,,,can i buy ttkprestige today for intraday? if yes,, what is the target & stoploss? plzz say.......

( DERIVATIVES DESK )> BOOK PROFIT IN BHARTIARTL BTST @ 333

Edelweiss View - (23Feb2011 09:45:37) : INTRADAY BUY RELINFRA @ 633.50 TGT 647 SL 624.30

sir tata stell trget sir

may i exit short minor loss

Edel View -
(23Feb2011 09:49:42) : INTRADAY BUY NIFTY @ 5475 TGT 5510 SL 5450

DERIVATIVES DESK) )> BOOK 50 % IN REL INFRA AT 641 , CALL GIVEN AT 625

sir....i have jain irrigation @210...should i avoid it nw....

SENSEX GAINERS - RELIANCE INFRA UP 3.5 PCT, STERLITE INDUSTRIES GAINS 3.1 PCT

WEEKLU UPDATE: SELL SOYAOIL BELOW 637 TGT 620-610 STOPLOSS ABOVE 647

(DERIVATIVES DESK) )> ITT - BUY NIFTY 5483 , SL 5458 , TGT 5523

STT INDIABULLS GIVEN YESTERDAY ON MOVE DAYS HIGH 146.80 BOOK 50% BETWEEN 146.80-147.50

Edel View - INTRADAY BUY AXIS BANK @ 1276 TGT 1300 SL 1261.60

BUY ICICI BANK @ 1028 TGT 1045 SL 1017

hi cb/kartik,
can i short bharti now

BOOK PROFIT AND EXIT ZINC STBT AT CMP 110.75

> CLOSE TRADE IN HINDALCO ITT BUY CALL.. 213.50

: BOOK PROFIT AND EXIT ZINC STBT AT CMP 110.75

: WEEKLY CALL UPDATE : BOOK PROFIT AND EXIT COPPER SHORT AT CMP 431

karik,
time for long in nifty now ?

CB, Nity can see upmove from here?

hi "CB" good morning, target for "tata motors" today

Hi CB, Whats the target for Cairn today...

cb..........gudmornin.................wats ur view on INFY? I bought infy 3150 CALL@7 for the current series just for intraday bounce back. Can it bounce back above 3100 today?

Hi thavva, yes, likely to see some upmove from here

Hi sekhar, Good morning. can see 1165

Hi sumit, not yet.looking for some.

Hi cb
can ranbaxy see 485+ level today

Ok CB. Shorted Sesa goa @ 297. Shall i exit?

Can i buy ARSS now?
Target for today??

should i book profit in delta or hold?can hold for a month plz suggest..

Hi CB,intraday target for tata steel and rcom

cb..........gudmornin.................wats ur view on INFY? I bought infy 3150 CALL@7 for the current series just for intraday bounce back. Can it bounce back above 3100 today?
plz reply

Can i buy LIC Housing Finance and Suzlon March Futures @ CMP?

SELL COTTON SEED MAR BELOW 1266 TGT 1230-1200 STOPLOSS ABOVE 1291

may i buy march nifty

Hi sourabh, yes.

Hi abhi, hold it for now. can test 75

Hi mayank, can see 628-630

Hi shrikanth, not yet. looking for some

Hi sandeep, Good morning. hold it for now. seems can see 3120

Hi Das, can see 733

Hi Karan Sharma, go with lic for now

Hi gayaram, yes. for now keep strict sl at 5430 (spot level)

Hi CB can i buy Nifty PUT at these levels?

Hi jit..., not yet. lets wait for some time

Hi ARIJIT, oh ok. shall look into it

Hi Das, around 734

Can BGR cross 500 today?

buy BHEL @ cmp intraday ?

Hi AJ, not really sure yet

Hi HSK, not yet.

target of hdil today?

Hi sourabh, around 5510

Hi Das, can see 158.50

the more time we remain on 5470-5480 leevels , which possibility is mroe...5520 or 5430

Hi shrikanth, hold onto it for long term. its a good bet

Hi shiva, not really. strong resistance comes in near 5520

BUY TMC APR ABOVE 10320 TGT 10450 STOPLOSS BELOW 10245

can i short nifty 5510 pe........

iam having a nifty short at 5460,may i exit at minor loss.(minifty)

Thx CB

Derivatives Desk>> ITT LICHSGFIN SL HIT

Hi Venkatagee, most welcome

Hi shiva, yes, but if nifty is unable to cross 5500 for some more time or a day more, selling may come in

Hi CB,

Can I short Unitech now ?

Hi Shereef, no, not yet.

CB, holding 5400 PE 6 lots. Shall i hold till tomorrow if nifty closes below 5500?

ill be back in 30 min

U.S. crude futures climbed to a 2-1/2-year peak on Wednesday on concern that unrest in Libya could spread to other top oil producers in the region and cut more output.

hi can i hold banknifty ki call 11200 wali

: SELL SILVER MINI MAR BELOW 48850 TGT 47500 STOPLOSS ABOVE 49150

INFOSYS SHARES DOWN MORE THAN 1.5 PCT, TOP SENSEX LOSER

BOOK PROFIT AND EXIT TMC LONG AT CMP 10378

********
RB143(23Feb2011 11:10:43) : INTRADAY BUY BOB @ 897.70 TGT 915 SL 887.60

********
RB143(23Feb2011 10:53:05) : INTRADAY BUY BOI @ 447.50 TGT 456.60SL 440.60

CB...where do u see RIL and tata steel at expiry...many ppl predicting RIL expiry above 1000

Hi shiva, yes, can see 1015 if markets remain good. tata steel can see 635

Hi achauhan, as of now are looking a bit weak. dont make fresh investments yet.

may i exit niftyl ong without any loss

CB sir any stock for long term and intraday

Hi CB, cb wht u say.. may i go short ??

Hi JR, no, as of now none

Hi Kb, lets wait for a 10-15 point bounce

Hi learner, yes. not yet. lets wait.

Thanks cb, can one go for long term (2-3 yrs) in birla cotsyn??

Hi achauhan, yes, its a good long term bet.

Hi CB, hmm . .. ok cb ... hav u seen, the video that i posted yesterday ?

Hi jit..., keep sl near 5430

Hi Kb, yep.. :)

Hi learner, markets are not really going any where. lets wait for now

Hi CB,

I'm holding Nifty Fut Feb Series at 5480. It's dipping now. Any probability of it gng above 5593 (it's day high) today

may i short nifty for 15 points

Hi Ayran, as of now not really going any where. its possible tests resistance at 5520

Can I enter in ADHUNIK @CMP 101

Hi Kb,
GOOD MORNING, BOUGHT ANY PUT?

RIL seems to be on the verge of another brout....yesterday , RIL london stock market GDR was up 8%...do u think the news is yet to be fully factored in for RIL?

Hi gopal, hold it. book near 630

Hi raja, no, not yet.

Hi CB, you just watched it i know. .. :P

Hi ARIJIT, no yaar.. :)

Hi, We have bought 5500 put at 50,at what price we can except

CBji

I hv bought Tatamotors @ 1150 , Kalindee @ 147.2 and HDIL @ 156.7 for Intraday

Pls advice

Hi NSK, ok. hold these for now. possible see some upmove later today. keep sl near 5440

Hi sourabh, no, dont add more yet.

Hi CB, so we can expect correction after budget? budget is going to affect any sectors??

Hi CB,

Good Morning, Should we hold short or cover ?

Hi CB please suggest intraday stock for tomorrow

Hi SS, hold.

Hi CB, how is mindtree if hold for tommorw in case ?? is it in downtrend ?? any chances to recover ... am trapped at higher level in early morning

Hi SS, welcome

Hi arijit, Go short :)

Hi CB, i am holding unityinfra [email protected], can i average now, plz advice

Hi Kb, Good afternoon
Plz suggest any stock to go long or short for intraday. Small profits will do. Not getting movements in markets.

Hi Kb,
suggest put yaar.......... margin prob....

Hi nv, do we know each other.?? I work in TCS..live in pune...u had asked me few days back...

Hi nv, premium X lot size ..

hi ..i am new to this forum.. a quick help needed.. does anybody use Metastock EOD charts ? if yes..can u pls email me [email protected]

Thanks a lot.

market will remain flat or move up today

U.S. crude oil futures climbed to 2-1/2-year highs on Wednesday on fears that output disruptions in Libya may spread to other Middle East oil producers and hurt global economic growth, helping push Asian stocks lower.

RELIANCE INFRA SHARES UP MORE THAN 9 PCT TO 682 RUPEES, TOP SENSEX GAINER

ONGC HEAD SAYS SCOUTING FOR FOREIGN PARTNERS TO BID IN LATEST INDIAN LICENSING ROUND

DERIVATIVES DESK )> TITAN DAYS HIGH. BOOK 50% IN STT BUY @ 3368

Hi Kb,

buy nifty at 5485 hold or exit pls suggest me.........

Good Afternoon All ...

Hi Sunil Rao,
GOOD AFTERNOON, R U SHORT OR LONG IN NIFTY?

Hi ARIJIT, Good Afternoon, Was long in Nifty yesterday, closed my position with nominal profits today as Nifty fell back into the range after the breakout.

Hi Sunil Rao,

buy nifty at 5485 hold or exit pls suggest me.........

Hi ARIJIT, No positions at the moment. We may see a strong movement in Nifty soon. Chart Patterns show a triangle formation.

Hi Sunil Rao,
ok, i bought 5500 PE at 40 today

Hi Sunil Rao,
ok, thanks a lot..................

sorry, was not online before..

Hi ARIJIT, Most Welcome.

Hi Gopal, hold with sl at 629 for now.

Hi Kb,
yes, waitng.............

Hi CB, Can i buy put option at these levels as it is not going up?

NSEI BLOCK DEAL: MOTHERSON SUMI SYSTEMS 1320000 SHARES AT 185.75 INR

RUPEE RISES ON STRONG EURO, REGIONAL PEERS; TRADING AT 45.17 RUPEES PER DOLLAR

buy nifty at 5485 hold or exit pls suggest me....

Hi Kb, no call on it yet

Hi Sunil Rao, Good afternoon

Hi Pushpa, lets wait. needs to break out of this same range.

hai cb i have 2000 shares of himachlfut , it is suspended now , is it be going to be traded again or not , shall i am going to lose all my money

Hi vibhu, no, not really sure

Hi viji, yes, can see 629-630

Hi sourabh, hold it for now

Hi shiva, its flat

DERIVATIVES DESK )> RELINFRA 700 CE GIVEN @ 4.5 .. NOW 12.. BOOK 50% ( OPTION LOCKED @ CIRCUIT )

hey Whats going on in orbit corp is it getting ready for another round of sell off technical what levels do you see ?

thanx CB...........will wait for the call

Hi nv, yes, if markets continue to hold onto the current fall in global queues, we could see a good upmove in the remaining of this week

Hi Varun, finding good support near 50 levels. if markets bounce back, will do well

Hi Pushpa, most welcome.

can we expect some upmove now?? dow futures are also in green

SHARES IN RELIANCE INFRA TRADING 12 PCT HIGHER AT 698 RUPEES; TOP SENSEX GAINER

ADAG STOCKS - RELIANCE INFRA UP 12 PCT, RELIANCE POWER GAINS 1.1 PCT, RELIANCE CAPITAL RISES 4.1 PCT

tat steel falling??any stoploss?

CB, whats happening here. Will nifty go down or up or flat? No clue on 5400 PE to exit or hold till tomorrow. Plz advice.

Hi pankaj, keep sl near 1432 and hold for now.

HI CB
WHAT DO YOU SAY ABOUT THE FOLLOWING SHARES
MPHASIS, BHARATFORGE, BIOCON . HOW LONG WE HAVE TO WAIT TO SEE THE POSITIVE MOVEMENT

Hi CB, 5520 bhi nahi ????

Hi vibhu, as of now no signs of it. lets see

thanks cb

Hi CB,

How is SAIL expected to perform in the March Option Series? Shud we short it or long it?

TATA STEEL @625 suddenly fall to 618 will it go 625 again in intraday or exit

Hi Aryan, no dont short it yet. near good support levels. if markets improve, can see 162

Hi rafi, no, dont short it yet. no other call yet

Hi raviraj, yes, hold onto it. will recover

Hi sourabh, no, not yet.

Hi Aryan, most welcome.

Hi raj, continue to hold it for now. can see 37.50-38

Hi rafi, can see 172

Hi cvrprakash, sorry! no, don't add more of it yet. markets are looking weak.

hi cb enter reliance this level

Hi kumar, not yet. would advice to wait for some dip

Hi Cb, Syndicate Bank indraday target pls.

may i buy nifty now

hi cb, is it advicable to enter in cox & kings now????

Hi ras, not yet

Hi kavitha, no, not yet.

Hi craj, no, not yet.

ok cb... suddenly its volume got increased... wat may b the reason?

ABB SHARES EXTEND LOSS TO 3.5 PCT

NDIA'S ABB OCT-DEC NET 67.7 MLN RUPEES

GUJARAT PIPAVAV OCT-DEC NET 111.5 MLN RUPEES

Hi kavitha, not really sure

Hi MICKY, yes, looking weak. if markets come down a bit, can fall further

Hi Munna, hold it for short term. some consolidation coming in, can head back tio 800

ill be back in 30 min.

why reliance infra up this much

DERIVATIVES DESK )> EXPIRY CALL - BUY UNITECH 37.5 CE @ 0.3 , RISK : 1200

Hi CB i buy indusind bank for 223 can hold for some days plz suggest..

please suggest intraday stock for tomorrow ????????

cb sir can i sell educom future sir

SELL TMC APRIL BELOW 10260; SL ABV 10400; TRGT 10000

hi CB...why is kalindee rail not moving even when we are just 2 days away from railway budget ? is it at a strong resistance level ?

SELL KAPAS APRIL BELOW 1135; SL ABV 1149; TRGT 1100

BUY PEPPER MARCH ABV 23680; SL BELOW 23500; TRGT 23950

can reliance reach 1020 tomorrow before expiry holding 920 call

HI CB /kartik,/ KB, /Geethika .. Is tatsteel a hold pl?..How is nifty looking.. is it a buy in dips ..pl?Or go short ..now?

NIFTY LOSERS - RANBAXY DOWN MORE THAN 5 PCT, SBI SLIPS 3.2 PCT
TOP SENSEX LOSERS INCLUDE – SBI, DLF AND TATA POWER

: BUY LEAD AT CMP 114.9 TGT 116 STOPLOSS BELOW 114.3

********
BUY COPPER ABV 432; SL BELLOW 429.80; TRGT 434.5 / 436.50

Go Long on Nifty for a 30 Pt upside...

BTST SIEMENS CASH CMP 847 SL 840 TGT 86

Why SBT is up by 130 points today ? any news on it ?

BTST HEXAWARE CASH CMP 120 SL 117 TGT 126

SELL DHANIYA MAR BELOW 4895 TGT 4830-4760 STOPLOSS ABOVE 4935

DERIVATIVES DESK )> BTST - BUY RELINFRA 700 CE @ 10 , SL 5 , TGT 20

sorry, was not online before.

Hi Kb,
yes i have booked i lot, holding 1.......... thanks dear :))

ok thanks... cb..

Hi CB,holding [email protected] should i do

( DERIVATIVES DESK )> SL HIT IN JSWSTEEL ITT BUY

buy @5485 now 5430... what to do.....

CB, why 5400 PE not moving much?

tata steel hold or exir bought @625

Hi CB,
i am carrying 5500 put for tomorrow, is it ok?

Hi ARIJIT, No exit it today . Tomorrow its expiry .

Hi thavva, Since tomorrow expiry . so y not moving !

Thanks CB, But will it be risky as I m holding huge quantity

Hi savio, not yet. looks weak

Hi Ravi, yes, lets hold it. overall looks good.

Hi CB, SO will SBT will hike up in coming days ?

Thanks CB and Sagar. Shall i keep 5400 put till tomorrow?

(DERIVATIVES DESK) )> BTST - BUY SBIN (MARCH SERIES ) 2625 , SL 2575 , TGT 2725

Hi cb thanks

CBJI

wt to do abt Kalindee bought @ 145 & HDIL @ 155.5 ?????

Bought for Intraday, can u tell wt it will show tommorrow?

may i buy nifty on this dip

Hi sourabh, possible around 5400

Hi Raju Sahani, most welcome

Hi NSK, hold them for 1-2 days. after expiry can add 5-7%

Hi ras, lets wait till tomorrow.

Hi Kb, yes, will get sold automatically. some brokers charge penalty of 200 rs

Hi bapan, hold it. can see 30

TRADE DEFICIT SEEN AT $110 BLN TO $115 BLN IN FY11 - TRADE MINISTRY DOCUMENT

SHARES IN DLF TRADING 3 PCT LOWER AT 220 RUPEES; DB REALTY DOWN 2.2 PCT

(DERIVATIVES DESK) )> BTST - BUY NIFTY (FEBRUARY SERIES) 5430 , SL 5395 , TGT 5500
DERIVATIVES DESK )> CONVERT MARUTI ITT TO BTST

hi..
holding 200 DLF at 240..it has been falling from 245 to 219 now..in last 7 days..
can hold for a month..anything wrong in the stock?? or will it recover?

Hi CB, BY March end will tata steel touch 700???

(DERIVATIVES DESK) )> BTST - BUY RELIANCE (MARCH SERIES ) 998 , SL 978 , TGT 1038

Hi ARIJIT, as of now.. no. .. need more weakness ...

> EXPIRY CALL BUY RELIANCE 1000 CALL @ 4.80 RISK : 1200 REWARD : UNLINITED

Hi CB, Thanks CB. .. Byeee :))

Hi sourabh, lets wait till tomorrow. not sure of how US would close today

Hi Kb, most welcome.. bbye.

Hi vipul, not yet.

Hi bapan, we shall exit tomorrow.

hero honda saved from crash

Hi vipul, yes.

EXIT LEAD LONG AT CMP 115.15

hi cb i buy idbi for 152 hold for it pls suggest target ????

Hi Kb, If you hold ITM Calls / Puts and let it expire, you get the option to excercise them. And in such a case, STT is charged as it is considered delivery on the value of the stock / Index at expiry and that adds to your expenses. Always note F&O trading does not attract STT and as such is cheaper. :)

HI CB GOOD AFTERNOON. WHAT HAPPENED IN TATASTEEL. SEE THE CHART IN LAST MNTS. HOW IT HAPPENED

HI CB SUDDENLY THE HIGH BECOME 737 HOW ITS POSSIBLE

CB, if markets sustain above 5430 tomorrow then i think 5400 pe will come down drastically ? I'm holding 6 lots at this point and what should be the exit strategy?

hi cb,
ur view on Fineotex Chemical Limited IPO? shall i apply? ur suggestion pls...

Hi Raju Sahani, go with ispat for now. don't enter others yet

Hi SAI, yes, did recover sharply till 655. not really sure how.

Hi Kumar S, technically does look a bit weak below 46. may take some time to recover. if possible on rise, try and hedge with a put

Hi shiva, its due to decay in options. usually happens as we near expiry

Hi thavva, yes. in this case it will. lets see how US markets close.

Hi Mohan, not sure of any yet. looking for some

Hi dhiva, no, not sure about this one yet.

Hi Abdullah, yes, could be a flash trade it seems. or an FII trade at a premium.

Hi CB, Thanks

Hi Abdullah and CB, does that mean tata stell's closing price of 627 is false???coz in BSE its 619...

hi cb ...Nagarjuna Fertilisers & Chemicals Ltd.
i gave an target of 31rs for today......
open was 28.80
it went upto
29.05 so it reached near by target which gave profit...... a little..... but no loss in that.... i posted this call on 22/2/2011 intraday call post at morning by 8am

shorted Hero Honda today morning & covered later during the day with big losses. wht was the reason of suge a huge upsurge of more than 7% in this scrip when overall mkt was sliding for support?? was it a bad call or just was my bad luck today?? its frustatin. pls advice.

Hi CB, SAI, Shiva, Abdullah, With reference to my earlier post regarding flash trades, the flash trade today on Tatasteel represents a major downslide from the major resistance level of 735 on weekly charts and likely to show a major downmove in near term possibly upto 550-560 levels and may even test 520 levels. But we still have to wait till the end of the week for confirmation of the pattern.

Hi Sunil Rao,
what can be our strategy for NIFTY TOMORROW?

Hi craj, around 148

Sir,
Can we sell 5400 call tomorrow? If so at what price

Kartik, can you suggest any stock for intraday 2morw (onr for short sell & one for buy)?

1.6 lac Tatasteel shares traded @ 737

Hi Sunil Rao, Thanks :)

well.. who bot tata steel at 655 today ?? :P .. & how it happens ?? logarithmic buy sell ?? that happened in dow ??

Hi Priyanka, Checking the intraday tick data.

Hi Sunil Rao,

Oh ok.Thanks.
Hope you are keeping well.
take care

CB/Sunil/Kartik,

As I said earlier holding 5400 pe @ 17. Considering tomorrow is expiry for feb series can i hedge this with any call/put of march series. I wanted to exit from it min loss at least.

Please suggest.

Hi Sunil Rao,

Can you guide me about tomorrow's Nifty trading strategy?
Thanks.

Last year similar kind of trade happened in reliance . when average trade was around Rs 935 one flash trade of Rs 849 happened.

Hi CB ;

Buy CanBank @ 580 target = 598 ; 610

Cheers

kartik pls advise me on state bank of india, i am having 1125 shares in the future segment @ 2709, pls reply, i really need your advise.

CAN WE BUY RANBAXY CALL TOMORROW?

Hi Friends,

Intraday Tips for 24-Feb : Buy Apollo Hospitals for TGT of 495-499....for details and more Intraday Tips Visit Share Tips For Tomorrow

Hi nv, yes, you may easily buy options within your budget. The margin required to buy options is the trade rate x lot size. But options are very volatile and your entire investment is on risk. Try reading this before you start trading in options.
http://www.nseindia.com/content/ncfm/sm_otsm.pdf

Hi Sunil Rao,

The respective SL's - 5500 (for short) & 5400 (for long) ?

Am I right ?

Pls suggest.
Thanks.

Hi Priyanka, yes, that's fine.

Hi Kb1,

Buying of an already wrote (sold) option is also a square off (before expiry)

hi sunil pls advise me on state bank of india, i am having 1125 shares in the future segment @2709, pls reply i need your advise

Hi ramaswamy, GE, no, dont enter it yet

Hi CHARULATHA SATISH, we might open lower, dont go short on it at opening

Hi Sunil Rao, k, thanks

Hi craj, not yet, shall let you know by tomorrow

Hi vipul, realty stocks look weak as of now, dont make fresh entries in it yet, wait for Markets to settle

Hi Balu, Options are very risky, In Options there are a set of calls and puts know as CA and PA at every levels. eg: Unitech has a CA at 90, 80, 70 as well a PUT 90, 80, 70. A trader thinking that Unitech might touch or move higher to 90, might enter 90 or 80 Call (CA), now if the stock moves up, then the price of the CALL will rise and at the same time the price of the PUT will decrease (since a put is bought when a trader expects a stock to move lower), calls and puts are available at cheap rates, i.e ranging from 3000 to 10000.

Now each of the above contract has a validity of one month, i.e you can purchase a Untiech 90 CALL in the current Month, and at the end of every month, you need to sell it, otherwise it will be automatically be squared off by the exchange. So this creates some selling pressure sometimes for some stocks listed in Futures and Options, which in turn might cause the Markets to go down

Hi RAJPAL, it looks weak below 50, likely to trade flat tomorrow

Hi thavva, we might open below 5430 (strong support), PUT is likely to open higher, try to exit on rise

Hi nv, yes, you can do this, but it can end up in almost equal profit/loss, it would be better if you tracked CALL/PUTS for a while with different scenarios

Hi vishal, it faces strong support at 2600, if possible hold it for Short term, avg it on dips

Hi usefor, it looks weak below 480, avoid it

Hi Mrs Kiran S, it might open flat tomorrow, hold it with a SL at 610

Thanks Sunil and Kartik. Except china world market closed and trading in red. But still i think we trade above 5400 tomorrow as i have been holding this put since few days and would exit in loss as per my trade history :) any how will see how it goes tomorrow.

Good night to all. see you tomorrow.

Hi Sanjoy, you may go short on it around 70 for a target of 68

Hi thavva, hmm, yes, lets hope for the best

hi

Hi Sunil Rao, Sorry was not online, so could not reply back. Yes rightly pointed by you. In fact you must have noticed that in case of Tatasteel (weekely), Fibonacci retracement tells that from the high of 739 (sometime in April 2010) to the low of 450 (sometime in Aug 2010), 38.2% is in 460 levels. 50% is in 595 levels (next support). Yes, we need confirmation on the charts like you said, but none the less, I must tell you ....... "Great Work Man".

Am I right Mr. Rao?

Hi Kartik, Good evening.
Just came online :)

HI CB,
holding 5400 put at 12, where to put the sale order to exit safely?

Hi Kartik, am shocked looking at the high of tatasteel .. Can u see the high of it ?? Its 737 .. When did it made the high ?? Oh my god

Hi Abdullah, Good evening

Hi suzane, yes, its a flash, was made at 3:27

Hi ARIJIT, around 16-18

Hi Kb, GE, :)

Hi airbites, yes, you can do so

Hi NEVER GIVE UP:-), GE Thanks :D

and also jet airways sir

Hi Rise, not sure of entering either yet. sun pharma looks a bit weak. so does everonn. not crossing 635 since long.not sure of entering rel infra. has been volatile recently. .Jet is in a downtrend. don't enter it yet

Hi learner, if nifty opens and trades below 5420 for some time, then one can neter a 5400 pe

Sir,
Bought Cairn India @332, with a very short term view considering the oil crisis and price escalation in crude. Pls suggest the exit target either today or this week.

CB/kartik,
Sir,
IN EOD charts volume bars are shown in green and red colours.What does this colour mean?
Sukraji.

Kartik sir,

I want to sell 5400 , or 5500 option (not bought) fresh today ?