NIFTY FNO TRADER READY FROM TOMMORROW

NIFTY FUTURE AND OPTION TIPS-1 FEBRUARY SERIES

                  The February series of nifty futures starts with a bearish note. This series starts with huge shorts in Information Sector And Banking stocks Which has the highest weight age in nifty .So it is difficult for Nifty Futures To trade on the higher side.But at the same time after the four days gone from the start of February series BIG HANDS ARE STAYING SIDELINES.

                 When nifty futures starts to trade above the break down level of 6120 then the trend for nifty futures will be changed to positive otherwise the trend is negative only.the downside target for nifty futures would be 5750.

                INDIA VIX is trading near its breakout level of 20 which is alarming in nature for bulls.When India VIX breaks above 20 decisively then the trend would be more panic.And the downside target for Nifty Futures Would be revised to 5500.

               6300 Nifty Call Has the highest open interest wich is the resistance for Nifty Futures And 6000 Put has the Highest open interest which is the solid support for time being.

NIFTY NOVEMBER SERIES

                         November is a crucial month for nifty .Because in November nifty is range bound most of the time in history.But the nifty at this juncture nifty is nearing its all time high.For further up move nifty yet to form a higher swing low for nifty to continue the trend.If nifty breaks 6000 mark on downside it becomes the failure breakout.

                                As per options table nifties this month range was 6000 to 6300 .So buy at low sell at high is the strategy for nifty for this month.monthly charts are indicating bullish view.So this is not a break out month this a consolidation month.

                                   For this month bullish sectors are metals and banks and bearish sectors are information technology and auto

TOMORROW NIFTY TIPS-30/10/13

               Today all nifty sectors are closed in green.Tomorrow we can expect follow up buying till 1 p.m.And then selling at higher levels is possible .Don't expect nifty to break the all time high in this expiry. As per the options table nifty could expire in the range of 6000 to 6300 .

Buy Tips:
      Maruti
      Jpassociate
      ICICI Bank

Selling Tips:
      Ranbaxy
      ITC
      Bharti Airtel

                               HAPPY TRADING

Rajan EFFECT:Nifty near all time high

RAJAN EFFECT:

                                    When daily charts are showing negative divergence RBI GOVERNOR Mr. Rajan came with expected lines.And it was cheered by the traders heavily by moving the index up by more than 115 points to 6220.90.

MARKET ACTION:

                           NIFTY :6220.60

                        SENSEX :20929.01

INTERPRETATION:

                                The big money is playing the market. FII's buying pace was slowed. DII's are the net sellers daily. Retail investors are away from the market.But the indices are holding on.So be careful .While do not carry your long positions over night.

FII liquidity driving the markets

                      The Indian market is purely due to abundant liquidity on back of tapering delay by federal reserve,but it is not backed by strong fundamentals both locally and globally.Last one week FII pumped up more than 7000 crores in the market.It is not backed by strong fundamentals it is backed by strong liquidity flows.So investors must have cautious view on the markets as of now.

                            No one knows when will the flows will reverse.I don't think nifty to break the previous high before the 2014 CENTRAL GOVERNMENT ELECTIONS.Market will find the right direction after that event.Otherwise it is a range bound move only.

                                        My advise on the markets is sell on rise(Which stocks you hold only).Because this liquidity can take the nifty to new high also.But it has only limited probability to break the new high.