PREDICTION 07-09-2011

Nifty open positive, bears standing at 5090-5010. If crosses 5130 then 5200 possible. 
RISKY TRADERS  short or buy Put 5000 near 5000 sl at 5130.


TODAY FREE CALL.  BUY RENUKA , SAIL, IRB, 
RENUKA CALL CA AT 2  SL 1.5  TGT 3/5++


BEARS : POWER STOCKS


BUY ON DIPS RECOMMENDED

OPTION FOR SBI CA 2050, HDIL CA 120 (buy near .90),


WRITERS CAN SELL NIFTY 5200 CA.

PREDICTION 07-09-2011

While the overall strategy remains to sell all rallies to 5150 levels. We are not sure if the NIFTY can manage to post a final rally to 5150. However chances are pretty high that we have formed a significant high @ 5110 and we should again resume a downward/sideways movemen , which can take the NIFTY down to retest the last low of 4720.

NIFTY
PIVOT POINTS
R1-5111 R2-5157 R3-5241
PIVOT-5026
S1-4980 S2-4896 S3-4850

BANKNIFTY
PIVOT POINTS
R1-9781 R2-9904 R3-10112
PIVOT-9572
S1-9449 S2-9241 S3-9118

PERFORMANCE 06-09-2011

PERFORMANCE 06-09-2011

TODAY JACKPOT CALL

FUTURE CALL :   JSW STEEL  702 TO 708 -715- 725 (HIT SECOND TARGET)

SHORT SELL HDIL  104.5 - 102/100/98.5 (HIT SECOND TGT)

OPTIONS :

NIFTY PE 5000 @ 135 BOOKED 160.

BANK NIFTY CE 9500 @ 225  TGT 280/325 (SL HIT AT 210)

JSW CE 720 @ 22  SL 18.5  TGT  26/30/34 (HIT ALL TGTS)

CAIRN CE 280 BUY AT 4.80  SL 4  TGT 6 /6.50 ( HIT ALL TGTS)

LEARNING CALL : CLOSED NIFTY 4400 PE @ 24 RECO AT 12 AND NIFTY CE 

5400 AT 19 RECO AT 12.

OPTION CALL 06-09-2011

TODAY JACKPOT CALL

OPTIONS :

BANK NIFTY CE 9500 @ 225  TGT 280/325 SL- 210

JSW CE 720 @ 22  SL 18.5  TGT  26/30/34 

CAIRN CE 280 BUY AT 4.80  SL 4  TGT 6 /6.50 

FUTURE CALL 06-09-2011

FUTURE CALL 06-09-2011

BUY JSW STEEL AT 702   TGT 708 -715- 725 SL 698

 SELL HDIL  AT 104.5  SL 107 TGT - 102/100/98.5 

PREDICTION

06-09-2011

Nifty 4968 and Nifty 4952 breaks and sustain then DOWNSIDE PATTERN SHOWN TARGET OF 4850.


HOLD 5000 PE AND 4400 PE.  


EXIT PE 4400 AND 5000PE AT 25 AND 180.


The supports for the nifty is at 4925 
 resistance at 5075 levels.
The supports for the sensex is at 16050
 resistance at 16700 levels.