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ADVICE FOR 16 FEB  2010
                                                                                               
 10 DAYS HOURLY CHART  02 FEB 10 TO 15 FEB 10

  
 

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 MARKETS FOR  16 FEB   AS WAS EXPECTED, NIFTY CLOSED MILDLY WEAK WITH A NEAR HALF PERCENTAGE LOSS OF 25 POINTS. WITHOUT ANY CUES FROM US MARKETS & WITH MOST OF THE ASIAN MARKETS CLOSED, THE FALL WAS WITH EXTREMELY LOW VOLUME. NIFTY IS LIKELY TO TRADE  RANGE BOUND WITH LOW VOLUME IN COMING DAYS. GREAT IIP NUMBERS DECLARED ON FRIDAY HAD NO BEARING ON NIFTY AND IT KEPT ON SLIDING DOWN AFTER THE OPENING MINUTE HIGH OF 4844.

FOR INTRADAY TRADING ON TUESDAY, ONE CAN EXPECT ANOTHER LOW VOLUME RANGE BOUND MOVE IN NIFTY CONFINED WITHIN THE BROAD RANGE OF 4755 ON THE LOWER SIDE TO 4845 ON THE HIGHER SIDE. NIFTY FINDS INITIAL SUPPORT AROUND 4794, A DECISIVE BREACH OF WHICH CAN EASILY BRING IT DOWN TO MONDAYS LOW OF 4783, BELOW WHICH IT MAY FIND SUPPORT AROUND 4760 TO 4755 LEVELS FROM WHERE SOLID  INTRADAY BUYING IS LIKELY TO EMERGE.

ON THE HIGHER SIDE NIFTY FINDS INITIAL RESISTANCE AROUND 4817 TO 4825, A DECISIVE BREACH OF WHICH CAN EASILY TAKE NIFTY TOWARDS 4833 FOLLOWED BY MONDAYS HIGH OF 4845 WHERE RUTHLESS SHORTING MAY HAMMER NIFTY OUT OF SHAPE, TO FALL TOWARDS THE CLOSING LEVEL OF 4800 AGAIN. INACTIVE ASIAN MARKETS, DOW FUTURES AND LOW VOLUME SGX NIFTY WILL ADD THEIR QUOTA OF MISERY NOT ONLY DURING THE OPEN BUT ALSO ON EVERY INTRADAY RISE OF NIFTY TO MAKE EVERY ONE FORGET THE IIP IMPACT ENTIRELY. SPOT NIFTY IN CASE OF A FALL TO BREACH 4740 WILL SURELY PRESS THE PANIC BUTTON THAT CAN SET THE SPRING BOARD FOR A DIVE DOWN  TO RETEST LAST WEEKS LOWS OF 4675 IF NOT ON TUESDAY, POSSIBLY  MAY BE ON WEDNESDAY INDUCED BY NEGATIVE WORLD MARKETS ON TUESDAY NIGHT.

IF ONE HAS A LOOK AT THE HOURLY CHART ABOVE, ONE WILL NOTICE THAT HOURLY SLOW STOCHASTIC HAS MANAGED TO  BOUNCE UP FROM THE LOWER ZONE. WEAKNESS AT THE START CAN FORCE THE INDICATOR TO RE ENTER THE LOWER ZONE TO REBOUND ONLY AFTER MAKING ANOTHER LOW. HOWEVER IF MARKETS GATHER STRENGTH AT THE START AT THE BACK OF UNEXPECTED GLOBAL CUES (WHICH LOOKS HIGHLY UNLIKELY), THEN THERE IS EVERY POSSIBILITY OF INITIAL RISE IN NIFTY TOWARDS 4833 TO 4845 LEVELS TO BE FOLLOWED BY AS USUAL SECOND HALF FALL. IN CASE NIFTY BREACHES MONDAYS HIGHS OF 4845 AND MOVES UP TO SUSTAIN ABOVE 4850 THEN THERE IS EVERY POSSIBILITY OF NIFTY SHOOTING UP TOWARDS 4880 LEVELS WHICH ALTHOUGH LOOKS LIKE A DISTANT DREAM YET POSSIBLE WITH STRONG GLOBAL CUES.

                    

 

  

MORNING UPDATE  AT 7 AM  16 FEB  WITH US & BRAZILIAN MARKETS CLOSED ON MONDAY, NOT MUCH OF ACTIVITY WAS SEEN IN EUROPEAN MARKETS. UK FTSE CLOSED .5% UP. A FEW OF THE ASIAN MARKETS LIKE JAPAN & KOREA HAVE OPENED FLAT TO MILDLY BULLISH AND ARE LIKELY TO REMAIN FLAT TO MIXED FOR THE DAY. HOWEVER AUSTRALIAN MARKETS ARE BULLISH WITH A NEARLY 1% RISE.

FOR INDIAN MARKETS ONE CAN EXPECT A FLAT TO MILDLY BULLISH OPENING AND CHANCES ARE THAT NIFTY MAY RETEST MONDAYS HIGHS AND LOWS TO FINALLY CLOSE FLAT OR MILDLY BULLISH. INTRADAY TRADERS MAY TRADE FUTURES AND OPTIONS WITHIN THE SPOT NIFTY RANGE OF 4790 TO 4780 ON THE LOWER SIDE &  4833 TO 4844 ON THE HIGHER SIDE.

 

 

STOCK FUTURES & OPTIONS TRADING   FOR SUBSCRIBERS ONLY 

 

                                 

INTRADAY TRADING LEVELS FOR NIFTY  16 FEB (NIFTY FUTURES FOR SUBSCRIBERS ONLY

(FOR SUBSCRIBERS BY SMS OR YM) FOR INTRADAY TRADING, NSE INDEX HAS INITIAL RESISTANCE AROUND  TO  LEVELS. BREACH OF  CAN TAKE NIFTY TOWARDS  BREACH OF WHICH CAN TAKE NIFTY UP TO NEXT IMPORTANT INTRADAY RESISTANCE AT . BREACH OF   CAN TAKE NIFTY UP TO CRITICAL RESISTANCE AT   WHERE IT SHOULD FIND SOME  PROFIT BOOKING BY THE LONG  POSITION HOLDERS. ABOVE  NIFTY CAN MOVE UP TO  TO   THAT WILL GENERATE MERCILESS BULL LIQUIDATION & RUTHLESS BEAR HAMMERING. ON THE LOWER SIDE NIFTY FINDS INITIAL  INTRADAY SUPPORT  AROUND  TO. BREACH OF  CAN TAKE NIFTY TO  CRITICAL  SUPPORT AT  TO  LEVELS BELOW WHICH NIFTY BECOMES WEAK TO RETEST  OR LOWER LEVELS . INABILITY TO SUSTAIN ABOVE  WILL SCARE THE BULLS THAT MAY START THE BULL SELL OFF & RUTHLESS SHORTING BY BEARS  THAT CAN SLIDE NIFTY NEARER TO  LEVELS.

 

CLOSING LEVELS FOR NIFTY 16 FEB ()  CLOSING  SUPT       CLOSING RES  

 

 

WEEKLY  GENERAL MARKETS ANALYSIS  FOR WEEK ENDING   FEB 10  WEEKLY DATA WILL BE UPDATED FROM WEEK STARTING 22ND FEB

 

WEEKLY TRADING RANGE FOR WEEK ENDING   FEB 10  WEEKLY DATA WILL BE UPDATED FROM WEEK STARTING 22ND FEB

PLAN OF ACTION FOR THE WEEK ENDING   FEB 10  WEEKLY DATA WILL BE UPDATED FROM WEEK STARTING 22ND FEB

ASTROLOGICAL INDICATIONS  FOR WEEK ENDING  FEB 10 WEEKLY DATA WILL BE UPDATED FROM WEEK STARTING 22ND FEB

 

BIGGEST MISTAKES BY TRADERS  

TWO OF THE BIGGEST MISTAKES  MOST TRADERS GENERALLY COMMIT ARE:--  FIRSTLY,  THEY DO NOT FOLLOW THE TREND,  HAVING AN  EVER LASTING TENDENCY OF  ALWAYS TRADING AGAINST THE EXISTING TREND WHETHER INTRADAY OR DAILY OR WEEKLY. SECONDLY, NOT HOLDING ON TO THEIR GAINS THINKING THAT GAINS WILL GO AWAY THUS QUITTING EARLY FROM  LIKELY GREAT GAINS AND AT THE SAME TIME BOLDLY HOLDING ON TO THEIR LOSS MAKING TRADES FOR DAYS, WEEKS & MONTHS TOGETHER THINKING THAT LOSS WILL BE REDUCED OR  WILL TURN OUT TO BE A GAIN IN A FEW DAYS WHICH ACTUALLY NEVER COMES AND   THE LOSS GRADUALLY BECOMES SO BIG THAT ENTIRE CAPITAL IS WIPED OUT OR ONE IS FORCED TO QUIT AT A MUCH BIGGER LOSS & INTERESTINGLY PRICE TURNS JUST AFTER QUITTING. WITH THIS WRONG TRADING HABIT, 5 TIMES OF GAINS ARE WIPED OFF BY A SINGLE LOSS. SO, IF ONE WANTS TO  BE A SUCCESSFUL TRADER, THEN THESE TWO WRONG TRADING HABITS MUST BE RECTIFIED BY    FIRSTLY TRADING IN THE DIRECTION OF THE EXISTING TREND, SECONDLY  DEVELOPING  A HABIT OF QUITTING LOSSES EARLY  AND HOLDING  ON TO THE  GAINS BY MENTALLY SHIFTING  MUST QUIT POINTS IN THE DIRECTION OF GAIN.

STOCK FUTURES FOR FEB 2010( 10  TRADING JEWELS FOR  FEB 2010)   FOR SUBSCRIBERS

BULLISH / BEARISH  CASH & FUTURES FOR FEB 2010  :- -  FOR SUBSCRIBERS

(BUY  IN BULLISH MARKET CONDITIONS ONLY& SHORT IN BEAR MARKET CONDITIONS INTRADAY) 

   (SHORTING & COVERING SHORTS, BUYING & BOOKING PROFIT  POINTS FOR STOCK FUTURES AND NIFTY FUTURES  ARE FOR SUBSCRIBERS ONLY  TO BE SENT DIRECTLY TO THEM AS PER INTRADAY CHARTS DURING MARKET HOURS. )

 1 TO 10.  FOR SUBSCRIBERS ONLY

OPTION TRADING

TRADING ADVICE FOR SMALL CAPITAL TRADERS     ( RS.15,000 TO 20,000)(ONLY FOR SUBSCRIBERS  BY  SMS & YAHOO MESSENGER) AS & WHEN TRADING OPPORTUNITY COMES DURING THE DAY FOR THE UNDER MENTIONED ACTIVE OPTIONS 

DATA  GIVEN BELOW IS NOT UPDATED

1. TISCO 580 CALL                    BUY AT--SELL AT--

2.TISCO 540 PUT                      BUY AT----SELL AT--

3. ITC 260 CALL & PUT                BUY AT-- SELL AT 

4.RIL 1080 CALL                      BUY AT- SELL AT- 

5.RIL 1000 PUT                       BUY AT-SELL AT- 

6.CAIRN 270 CALL&PUT                 BUY AT -SELL AT-

7. NIFTY  FUTR                       BUY AT--SELL AT--

8. NIFTY 5000 CALL                   BUY - AT- SELL AT-     

9.NIFTY  4900   CALL                 BUY-AT--SELL AT--

10.NIFTY 4800 PUT                    BUY AT-- BUY AT 

11.NIFTY 4700 PUT                    BUY AT  SELL AT

IMPORTANT POINTS FOR OPTION TRADERS

 
AS OPTION TRADER REMEMBER CERTAIN GOLDEN RULES FOR OPTION TRADING
  
 1. DONT HOLD AND SIT TIGHT WITH YOUR OPTION. TRADE EVERY DAY. SAY, YOU HAVE BOUGHT A PUT  OPTION AT 100, LETS SAY IT HAS COME TO 90, YOU DONT HAVE TO WAIT FOR IT  TO GO ABOVE 100 TO BOOK PROFIT,  YOU SELL YOUR OPTION  ON MARKETS INTRADAY FALL AND THEN  YOU BUY BACK  THE OPTION  ON MARKET RISE AND POCKET THE DIFFERENCE OF AT LEAST 10 TO 15. AS FAR AS POSSIBLE AVOID CARRYING OVER OF OPTIONS UNLESS YOU ARE SURE OF THE MARKETS NEXT DAY. IF YOU BOUGHT A CALL OR A PUT AT START OF THE MONTH AT 150, YOU WILL FIND ITS VALUE AT 75 OR LESS BY MIDDLE OF THE MONTH SO IF YOU HAVE NOT TRADED DAILY , HALF OF THE VALUE IS LOST BY MID MONTH.
     
2.WHETHER MARKET GOES UP OR DOWN OR FLAT, OPTION VALUE WILL REDUCE BY AT LEAST 5 POINTS EVERY DAY, SO TRADING DAILY  AT LEAST GIVES YOU BACK  THE DAILY 5 POINT AUTOMATIC LOSS DUE TO TIME DECAY. SO WRITING OPTIONS (SELLING FRESH A CALL INSTEAD OF BUYING A PUT AFTER  MARKET RISE OR SELLING FRESH A PUT  INSTEAD OF BUYING A CALL AFTER MARKET FALLS)  HAVE A MUCH BETTER CHANCE OF GAIN  THAN BUYING OPTIONS.
      
 3. IF YOUR OPTION VALUE GOES DOWN BY 25% , BOLDLY QUIT THE OPTION. THIS WILL PROTECT YOU FROM SEEING ZERO VALUE FOR YOUR OPTION. THE HABIT OF HOLDING ON TO THE OPTION THINKING THAT IT MAY GAIN AFTER SOME DAYS MAY GIVE YOU ONLY 1 SUCCESS OUT OF 10 ATTEMPTS SO BE BOLD TO QUIT EARLY. (THIS IS THE MOST IMPORTANT POINT IN OPTION TRADING, PEOPLE GENERALLY BOOK BIG LOSS IN OPTIONS WHEN THIS GOLDEN POINT IS NEGLECTED.)
      
 4. DO NOT EXHAUST ALL YOUR MONEY IN BUYING OPTIONS. ONLY TRADE IN 60% OF MONEY AND ALWAYS HAVE 40% RESERVE FOR OPPORTUNISTIC TRADES.
      
 5.THOUGH AVERAGING OF OPTIONS LOOKS VERY ATTRACTIVE, IT IS LIKE SLOW POISON. AVOID AVERAGING AS FAR AS POSSIBLE.  ADJUST YOUR MIND TO DO REVERSE TRADE,  MEANING  IN CASE OF HOLDING  4000 PUT SELL A LOWER OPTION SAY 3800 PUT IN CASE OF FALL IN MARKETS & RISE IN PUT VALUE, OR IN CASE HOLDING  4000CALL, THEN ON MARKET RISE WHEN CALL VALUE RISES SELL HIGHER CALL OF 4200 OR IF HOLDING A PUT, BOLDLY BUY A CALL AGAINST  THE  OBJECTION OF YOUR   MIND.
 
 6. THE ABOVE OPTION RULES ARE TIME TESTED  AND MOSTLY FOUND TO BE CORRECT. ALTHOUGH MOST OF THE TIME  YOUR ANALYST  WILL GUIDE YOU WHEN TO BUY OR SELL BUT  YOU ON YOUR OWN ALSO BE  RIGID ON THE ABOVE  5  GOLDEN RULES FOR OPTIONS. YOU MAY FAIL ONCE  BUT 9 OUT OF 10 TIMES YOU YOU WILL NOT REGRET.
 
7.THE MOST IMPORTANT THING TO BE KEPT IN MIND IS THAT YOU MUST HAVE YOUR OWN MENTAL MUST QUIT LEVELS SAY ABOUT 5 OR 10 POINTS TO AVOID BIGGER LOSS IN CASE THE COMMUNICATION FROM ADVISERS SIDE FAIL DUE TO UNFORESEEN CIRCUMSTANCES
 

Advice for Stocks, Futures& Options (Intra day) Stop Loss not to be fed but must be kept in mind to quit the position ( DATA GIVEN BELOW MAY NOT BE SUITABLE AFTER MARKET OPENS. SO  TRADE  ONLY ON PRICES SENT THROUGH  MOBILE SMS / Y. SMS)

Buying Trade:- FOR SUBSCRIBERS--SMS/ Y MSNGER 

SL.

        Name

Buy at

Stop loss

   Target

    Remarks

   1

Nifty Futr

Subscribers

 

 

 

 

 Buying Point For Subscribers Only

   2

Tata Steel Futr

subscriber

 

 

 

 

    DO

   3

Rel Capital Futr

--do--

 

 

 

 

   DO

   4

HDIL Futr

--do--

 

 

 

 

    DO

   5

Bank Nifty Futr

--do--

 

 

 

 

    DO

SHORTING TRADE

SL.

        Name

Sell at

Stop loss

   Target

    Remarks

   1

NIFTY Futr

 

Also Short boldly if spot NSE  cross -- level(level for subscribers only)

   2

Tata Steel Futr

 

 

 

 

 

 Subscribers only

   3

Rel Capital Futr

 

 

 

 

 Subscribers only

   4

HDIL Futr

 

 

 

 

 

 Subscribers only

   5

Bank Nifty Futr

 

 

 

 

 

 Subscribers only

  BUYING --                                                                                                   :RATE ONLY FOR

  SELLING --                                                                                                   SUBSCRIBERS

 

 

SERVICES  PROVIDED (MOST OF OUR ADVICE IS ONLY INTRADAY TRADING IN FUTURE & OPTIONS)

 

 (WE MONITOR EACH TRADING CALL, FOLLOW IT UP ,CHANGE TARGET OR SL OR ADVISE REVERSE TRADE)

 
  1.NIFTY & STOCK FUTURES & OPTIONS INTRA DAY TRADING (Through Yahoo messenger  and  Mobile SMS ) 

 

  2.Intraday trading advice:- EQUITY CASH -- BUY & SHORT SELL INTRADAY & BTST,STBT ,


   3.Stock Investment advice for short, medium and long term.

 

   4.Swing Trading Advice.

 

   5.1 to 1  Tele chat regarding trade & held position (RATES DIFFERENT)

 

   6.Trade As Per  Your  HOROSCOPE  Indications (Date, time & place of birth required)

 

(EXCEPT FOR A  PRE MARKET GENERAL INFORMATION ON INDEX RANGE, SUPPORT & RESISTANCE AT 8.30AM DAILY, ALL OTHER TRADING TIPS ARE SENT DURING MARKET HOURS ONLY)

Mobile No.09391023729

Land Line:040-40146657

E-mail:-     pikpot@yahoo.co.in

 


OUR SUBSCRIPTION RATES

(For 30 trading days & not calendar month, for all new subscriptions starting from 1st April 09)

(Please add Rs.100/- per month   if tips by sms And + Rs.169/- for cash deposit in ICICI  or Rs.110/- for cash deposited in  HDFC Bank  respectively

 

Services

Monthly

(Rs.)

3 / 6months

(Rs.)

SMS On Mobile +Yahoo Messenger 

1.Futures, Options& cash(combined nifty futr,options& stockfutr, options & cash) 

 

2.Only Nifty Futr&Options(2NiftyFutr+2 nifty option.Intraday Trades  as per graph, Sure shot,no carry forward)

3.For Options Only (Both Nifty & active stock options)

 

4.Guaranteed A. (Both stock & nifty futr & option,subscription refunded in cas no gain) Only 2 high margine stock Futrs,2 nifty futr & 2 Options Tips in a Day.Traders with At least 3 To 5 Lakh Capital Only To Enter This Scheme

B. GUARANTEED  WITH 1 STOCK FUTR, 1 NIFTY FUTR AND 1 OPTION TIP DAILY

5.Profit Sharing (Only Guaranteed Nifty Trade of Minimum 5 lots trading in small batches of 2,3 & 5 lots at a time + STOCK FUTRS of 1 lot at a time

 

 

6.GURANTEED ASTRO(as per individual horoscope)

 

 

 

 

2500

 

 

 

 

2000

 

 

 

 

1500

 

 

 

 

10000

 

 

 

 

 

 4000PM

(Please add Rs.100/-for Tips by mobile sms to all 5 above)

 

 

2000 PM

(entry fee)

20% OF TOTAL DAILY PROFIT TO BE TRANSFERRED SAME NIGHT

 

 

7000 PM

 

 

6500(12000 for 6 months)

 

 

 

 

5000(9000For 6 months)

 

 

 

 

4000(7500 for 6 months)

 

 

 

 

25000(3 MONTHS)

 

 

 

 

 

10000(3 MONTHS)

(Please add Rs.300/-for Tips by mobile sms to all above)

(Only 1 option call  out of 4 to 6 daily trading  future & option calls with only 
 about Rs.20000/-investment with your broker can give you a regular daily income. Just try & see for yourself) 

TRIAL :-THERE IS NO FREE TRIAL

BANKING DETAILS

NAME:-  Pradipta  Kumar  Patnaik

HDFC BANK A/C NO. 00421330005405    (SECUNDERABAD BRANCH)
ICICI BANK A/CT NO. 630801532020   ( SECUNDERABAD BRANCH )

(Online Transfer or Cheque/Cash deposit, Demand Draft Or Money Order)

(For Cash Deposit, FOR ICICI Bank add Rs.169/- & FOR HDFC  bank  add RS.110/- as  banks service charge) 

 Send:-- NAME, MOBILE NUMBER, YAHOO ID, PACKAGE PAID FOR & BANK, BY E-mail (MUST) after your payments to get trading Calls) 

 

 

  

Disclaimer: This newsletter is an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. The information provided herein is not to be construed as an offer to buy or sell securities and derivatives of any kind. Traders should incorporate their own safety mechanism and stop loss in trading in order to avoid loss.  


 

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