29/10 09:15 Trend: Positive
29/10 09:15 Swing Entry Range: 5659 - 5665, Swing Target: 5696, Trend Reversal Level: 5646
29/10 09/20 Trend Reversal Level: 5663
29/10 09:40 Swing Target Hit, Book Swing Profits and Hold Trend Trade.
29/10 09:40 Next Swing Targets: 5714, 5721 Trend Reversal Level: 5670
29/10 12:35 SL for longs hit. Exit Long. Trend: Negative
29/10 12:45 Swing Entry Range: 5672 - 5666, Swing Target: 5635, Trend Reversal Level: 5686
29/10 13:40 Trend Reversal Level: 5680
29/10 14:35 Trend Reversal Level: 5673
29/10 15:30 Neither Target nor SL triggered within day-end. Hold till next day
29/10 09:15 Swing Entry Range: 5659 - 5665, Swing Target: 5696, Trend Reversal Level: 5646
29/10 09/20 Trend Reversal Level: 5663
29/10 09:40 Swing Target Hit, Book Swing Profits and Hold Trend Trade.
29/10 09:40 Next Swing Targets: 5714, 5721 Trend Reversal Level: 5670
29/10 12:35 SL for longs hit. Exit Long. Trend: Negative
29/10 12:45 Swing Entry Range: 5672 - 5666, Swing Target: 5635, Trend Reversal Level: 5686
29/10 13:40 Trend Reversal Level: 5680
29/10 14:35 Trend Reversal Level: 5673
29/10 15:30 Neither Target nor SL triggered within day-end. Hold till next day
Good to see!
ReplyDeleteWish u all the best ...
Thanks Mahy :)
DeleteThe levels are spot?
DeleteYes Vipin, all levels are of Nifty spot. Kindly post your queries as a new thread.
Deleteok thanks suniji. next time i will post
DeleteMost Welcome Vipin :)
DeleteSunil, this is nice.. congratulation on the great work... all the best... just one thing.. Nifty opened gap-up so wasn't able to enter at the prescribed level... what could be the ideal entery level now?
ReplyDeleteThanks Paritosh, We will only enter trades after a Channel break or after some decent consolidation.
Deletei have enter few call 6000 @ 11.70 should i exit now nifty is trading @ 5695 please advise sir.
ReplyDeleteGM Imran, If in Profit book part profits and hold rest with trailing SL at 5670. Would be better to trade in Futures based on this in intraday.
DeleteThanks sir, right now no profits just its trading @ entry price itself.
DeleteMost Welcome.
Deletecan we see live chats from Auto channels?
Deletesorry, i mean charts can we see live charts from Auto channels?
DeleteNot been able to implement that yet. But have it as my next goal in near future.
Deleteok best of luck for future sir
DeleteThanks Imran :)
Deletesure, can we see nifty 5715 today itself?
DeleteNot sure as yet. But we will follow the trend reversal as stop and hold for now. Lets hope for the best.
Deletethanks sir, i will hold it
Deletenifty is near Trend reversal
DeleteMost Welcome. Wait for confirmation till end of the 5-min bar.
Deleteok
Deletesir, i exit then long @ cost price, can i enter the put option now nifty is 5668
DeleteIf trading intraday, better to trade in futures with lesser risk. Its difficult to follow options with trailing stop. But you may enter put only for swing trade.
DeleteHi SR,
ReplyDeleteGM Sir,
Great to see Live Auto Ch.
GM, Thanks
Deleteany updates on Nifty..
ReplyDeleteNothing As yet, Nifty is not doing much at the moment.
Deletewhat to expect..
ReplyDeletea break below Trend Reversal Level or a upmove from here after 12-30
Hmmm, Markets generally do exactly opposite of what most expect. That's why its best to set expectations aside and follow the trend and breakouts. :)
Deletehmmm...
ReplyDeletethanks for the advice..
how is ICICIBank looking...can we see upside above 1100 in short term..
Most Welcome. Above 1100 can see 1128, Trend reversal below 1052.
Deletei am holding ICICI long at 1080 levels..shall i hold keeping SL at 1052-65 levels for a target of 1128-30 in near term...
DeleteYes can do that. Keep Sl of 1052 on an hourly closing basis.
Deletesir, i exit then long @ cost price, can i enter the put option now nifty is 5668
ReplyDeleteIf trading intraday, better to trade in futures with lesser risk. Its difficult to follow options with trailing stop. But you may enter put only for swing trade.
Deleteoh ok, i have not enter any trade now, so far i have not trading in Futures, i will enter the put for swing trade. can i enter now?
DeleteNot sure of entering now. However, if you get an entry in the entry range, you may enter.
Deleteoh ok sir, then i will wait and watch :)
DeleteHello Sir, GA, Trend reversal levels is coming down indicats what ie 5686 to 5680 to 5673. Can you explain. Thanks - SAI
ReplyDeleteGA Sai, That would be the Trailing SL for the trade and also the position to initiate reverse trades after it is breached.
Deleteok but i am asking there is a diff of 6-7 pts. this means nifty will go up or down
DeleteAt 12:35, I had posted the trend changed to negative. The trend will again become positive above the trend reversal level. The difference may be anything. That's how we trail our profits and minimise our losses.
DeleteThe trade started with a SL of 5686 and trailed down 5673 almost near our entry price of 5672-5666. So hardly anything to loose now.
DeleteOK WILL FOLLOW THE LEVELS FROM TOMOROW
ReplyDeleteHi Sunil sir... Great work... but plz update intraday stock calls also.... Another suggestion instead of publishing trend reversal at xyz ...plz update buy at xyz.... I got confused today about the message...plz consider my request
ReplyDeleteThanks Anup. Will be posting stock calls and positional calls too. Your suggestion accepted, will post as Trailing SL instead of Trend Reversal Level and will indicate Buy or Sell instead of Swing Entry :)
Delete