Hi MURALI, Even if HDIL breaks 100, it may not sustain in these levels and again will come back below 90, 85 in one or one and half months as it's in over-bought zone. Short it on rise for a target of minimum Rs.90. Same follows to Hindalco too, short at 121-123 levels for the target of 110-105 in 1-1.5 months. Don't buy now and get stuck at highs. These both scripts will correct in near-term. Avoid buying.

Hi Be!ng Human, " At the point where u gets 45K loss, there u need to pay margin 35K to your broker after excluding ur existing AC/- balance. " for this part, i talked to my broker they replyed that..i have to keep maintain the span margin for that...

Hi avik, If you buy a future lot with 40k margin and no excess balance in your account, even for 1k loss you have to pay the 1k margin. Otherwise your broker will sqear of your position. It is common for all brokers.

hai cb ongc & gmr infra target next week.

guys, pls do not buy puts for atleast 2-3 days.. rather i would suggest not to buy far away neither calls nor puts.

nifty should break today's high again next week.. puts will be available at a much better price may be after wednesday or so..

after that nifty may become rangebound and eventually kill both calls and puts.. even if market correct or rise, neither call nor put will give returns.

hence prefer nifty future than calls or puts, 1 lot of future should yeild more than 4 lots of at the money or out of money calls.

considering it is too early to predict as today was the first day of series.. will be able to comment with more confidence on nifty pattern next week.

as of now, charts suggest nifty might take a turbulent ride in beating options, hence not recommened to hold options for a longer time.

since nifty is showing bullish pattern, let's not ignore that nifty might also continue to ride the bullish trend.. hence buy on dips shall be preferred over sell on rise.

happy new series :) to everyone and special wishes to CB

An explanation to Brothers & Sisters, Just know finished comparing charts. Sorry for letting u know this very lately. Read this carefully, RSI is indicating over-bought zone for nifty since couple of days and is above 81 but the only problem is Ichimoku chart which is showing the clear bullish pattern by forming a big green cloud and is continuing in upward bias and nifty is trading above Base line and Conversion line (two very very important lines in Ichimoku) which states clear bullish pattern.
While nifty tumbles from 5710 to 5640, I thought the fall might continue as the RSI is indicating nifty in over-bought zone and I thought the red cloud may form in this fall but it again spiked up to 5725 the very next day which is not at all a good sign for put-holders.
I am not new-driven trader. I follow charts strictly. When I gone through the charts again by comparing these two (RSI & Ichimoku), the Ichimoku chart is giving a strong bull run. So, in this case we have to book losses in puts and shall get out ASAP in any possible dip on Monday and shall buy 6000 CE of Nov series @ 47 on dips. Many might think WT…. but I am absolutely sorry, this misunderstanding may happen sometimes with anyone and let’s accept this fact. We can recover the loss of puts in calls ASAP. Get out of shorts on any possible dip on Monday. Shorts in bank nifty & nifty must be covered along with the nifty puts. A green cloud is just forming in bank nifty in strong upward bias. Buy Nov 6000 CE partially on any, I mean any possible dip. Sorry guys, hope u ALL will forgive my man-made mistake. Nothing happened till now, just 100 points rose in nifty since from the day I recommended to buy puts. It’s not a big deal in front of another 400 points upward movement. Sorry once again. This decision is full and final and start continuing in the market's path. Sell only if red cloud starts forming in Ichimoku chart along with the RSI in over-bought zone and these two technical tools together can create wonders. Good luck to every one.

Hi subramani, Don't believe in rumors, Please do yourself a favour by buying long positions in Bank nifty on every dip. Fresh green upward movement cloud is formed in charts. Market likely to travel in upward bias. If correction happens, it will be the opportunity to buy calls.

Coming to individual stock, its again the different story but not in index this time.

Hi CB, I think my messages are in spam, please kindly approve them as they were very Important to rectify my fault.
With regards.
Good night.