Nifty calls 10th October 2013
nifty oct expiry future last closed at 6053 with gains of 94 points.today nifty future made high at 6057 while low was near 5900.total 150 points intraday rally and almost achieved all target given by me!!
on future side,5% open interest rise is fresh long accumulation by strong hands.while on option side 5800 put option closed with loss on aggressive writing on high volume while 6100 call option closed with heavy gains on short covering as well strong hands buying on high volume.
for tomorrow,traders above 5990 keep long view for target 6080 and then 6150 but below 5990 expect correction and consolidation move and exit all longs.
Banknifty calls 10th October 2013
banknifty oct expiry future last closed at 10415 with gains of 218 points.today banknifty future made high at 10422 while low was at 10002.total 400 points intraday range and our given target achieved.
on future side,trapped shorts still exiting with loss hence 1.5% drop in open interest.while on option side 9500 put option closed in red on heavy writing while 11k call option seen buying on high volume and closed with gains.
for tomorrow,10300 is trailing stoploss for all long positions with next price target of 10650 on upside.below 10300 expect range bound trades between 10100-10300.
Intraday Stocks calls 10th October 2013
for tomorrow my pick will be Dabur India Limited share. today DABUR share closed at 107.65 with loss.intraday high was 172.35 while low was 169.55 and closed near it.here go short around 172 with stoploss of 176 and expect target 164 and below in intraday.