NIFTY VIEW FOR 25-OCT-2013

AS PER YESTERDAY BLOG

WE ARE BEARISH WITH SL OF 6225

WE SOLD OUR NIFTY @ 6204 & 6208 IMMEDIATELY SL HIT @ 6225 IN AFTER NOON MARKET DROP TILL 6165  WITH GOOD VOLUME   WHEN MARKET REBOUND WE SOLD OUR POSITION AGAIN WITH @ 6194 & 6202 WITH SL OF 6225 NOW WE ARE NET SHORT

TODAY REF

TODAY NIFTY START WITH BULLISH & IN SECOND HALF NIFTY DROP 100 POINT WITH VOLUME & NOT ABLE TO CROSS 6205 & KEEP CONSTANTLY BELOW 6200. TODAY MARKET AVG IN FIRST 15 MIN WAS 6205 & WENT UP TO 6245& FALL DOWN TILL 6212.


FII DATA

TODAY FII LONG CASH & MINOR SHORT IN INDEX & OPTION & STOCK FUT.. IN OPTION CALL SIDE SHORT 12000 CONT AS PER FALL FII IS NOT PARTICIPATE MUCH


CONCLUSION

SHORT TERMS    BEARISH

FOR POSITIONAL WE ARE SHORT WITH SL OF 6225 ...

FOR TOMORROW INTRA DAY 

IF NIFTY OPEN WITH GAP DOWN  & NOT ABEL TO CROSS 6145 & IN SECOND HALF NIFTY CROSSING &  TRADING ABOVE RUNNING AVG THEN WE WILL GO LONG FOR TRG OF 6192  OR 6205

 FOR SHORT IF MARKET OPEN FLATE OR GAP UP THEN WE WILL SHORT SL WILL BE 6115 & 1 ST TRG WILL BE 6162 & 6155 THEN WE WILL AGAIN SHORT @ 6177 FOR TARGET  OF 6125