NIFTY Updates for Today 12 Dec. 2012

The Nifty opened and traded to the highest point of the day in the first hour of trading. We still trade above 5,840 level until which we should have a positive bias, and hence I suggest holding long position to those who have created longs at lower levels as we are on course towards 6,000 and more. Nifty Future ended on a bearish note after 2-3 days consecutive indecisive closing, it closed at 5,928.40 with a big spinning top candle. We raised concern in our last report and the same thing happened.

For today's trade, Nifty is likely to trade in the range between 5,920 -5,945 in the upper side and 5,870 -5,850 in the lower side.

The Sensex has supports at 19,280 and 19,190 and resistances at 19,510 and 19,620. The Nifty spot has supports at 5,865 and 5,839 and resistances at 5,935 and 5,965.

Read More

Today's Updates :Nifty is Likely to be Range Bound (27sept.).

Nifty is expected to move within a range as suggested by its technical indicators. Also, a high volatility is
expected to be the order of the week ahead of F&O expiry. Resistance for Nifty now seems at 5,720-
5,740 while support stands at 5,540-5,560. On upside if level of 5,720 breaches decisively then we could
see rise up to the mark of 5,800, on the lower side if level of 5,540 is breaches then Nifty could retrace
up to support of 5,500 mark. Technical indicators like MACD, RSI are also supporting its uptrend move.
MACD is showing positive divergence, crossing its signal line (9 Days exponential moving average) from
the below. RSI is at 70 level with positive divergence, which indicates positive bias may expect in the
market.
On the derivatives front the Nifty Futures prices inclined along with incline in the open interest with
incline in cost of carry indicating long position initiated at the lower level. For the coming days, 5,640-
5,650 level would act as the strong support for Nifty. There was significant short accumulation was
witnessed in ATM Put option. Most of the open interest accretion witnessed in the 5,700 put. On the
flip side squaring off was seen between 5,700 and 5,800 strike Call Option which suggests a range of
5,650-5,750 for September expiry.




                                                3 MONTHS DAILY CHART OF NIFTY

    NEWS TO WATCH TODAY


1. Gold importers stay away as prices recover
2. Cement industry is on a high, Ambuja Cement and ACC top gainers almost 4%
3. PTC, Lanco, Adani to gain from SEB restructuring.
4. Expect weekly rise or fall in Petrol prices.

Read More

Today's Future and Option tips : 25th sept

Indian stock market consolidated today, open with positive index today, Nifty is now in a very narrow range, nifty may move 5,710 on the upside and 5,660 on the downside, do not show big movement today. So, a move above 5,700 or below 5,660 should give an intraday trading opportunity. But today we alert for future and option trading.
Nifty support today 5660,5640 Resistance Level 5700, 5720

Today  trading tips:
Buy Cipla Limited target 367 stops loss 360 in nifty future.
Sell DLF Limited target 230 stops loss 234 in nifty future.
Sell Bharti Airtel Target 272 stop los 276 in nifty future.
Sell Siemens Limited Target 709 stop loss 713 in nifty future
Buy TCS Limited target 1320 stop loss 1296 in nifty future

Nifty Option Tips

Trade In Nifty Options.(Call and Put )
Mostly intraday Nifty Option tips
One Option trading tip per day
All Tips with proper entry and exit
Trading capital 10,000 required.
More Than 200% profit per month
From 10,000 to 270,000 in 3 months
Accuracy of option tips more than 90%
We provide both entry and exit SMS

Nifty Future Tips

News and research based tips for Nifty Future
One Nifty Future trading tip per day
Profit of 400-600 points per lot per month
We provide both entry and exit SMS
Accuracy of nifty Future tips more than 90%
Nifty future tips for intraday and short term

Read More

today tip for F & O brokers.

Myiris news desk has collated derivative calls & strategies from various brokers. The same are mentioned below:

ICICIdirect

1. Petronet LNG

`Buy` July Futures in the range of Rs 170-170.20 for the target price of Rs 173 - 175 with a stop loss placed at Rs 168.40.

2. Sun Pharma

`Sell` July Futures in the range of Rs 689-690 for the target price of Rs 677 - 670 with a stop loss placed at Rs 696.20.

Way2Wealth Securities

3. Vijaya Bank

`Buy` Sept. Futures around of Rs 48 for the target price of Rs 51 with astop loss placed at Rs 47.

4. Ranbaxy Lab

`Sell` Sept. Futures above of Rs 560 for the target price of Rs 545 with astop loss placed at Rs 566.

Read More

Know about Future and Options Investment.

F&O Tips In Indian Stock Market

Simply What do you mean by F & O ? Actually  It stands for future and options tips. Now what does this means? Well future options are an excellent way to trade the future markets. There are many new traders who start by trading futures options in the stock market instead of straight futures contracts. Now If we talk about risk involved in this, then there is very less risk and volatility when you use options instead of futures. But traders who are professional who use trade options in the market are frequent . NSE, BSE, NASDAQ are some concepts related to the market.

More about  Futures Options

Option means the right but not the obligation in order to buy or sell a futures contract at a designated price. If you like to bet on the price of the futures contract so that it goes higher or lower in trading purposes then you need to buy options. When it comes to the types of options, there are mainly two types of options – call option and put option. There is a need of “call option” when you think that the underlying futures price would move higher. Corn call option means when you can expect corn futures to move higher. You should however try get some share tips when you go for investing your money in the market.This will help you to trade better.

Read More