Nifty Trades for 05/11/2012

Nov 5, 2012 9:00 AM
82 Comments
05/11/2012 09:00  Trend: Positive
05/11/2012 09:00  Bought Nifty near 5601-5608, Next Targets: 5722, 5730, 5732, SL Trailed: 5685
05/11/2012 13:25  SL Triggered, book Profits in Longs, Trend: Neagative
05/11/2012 13:30  Sell Nifty near 5696-5690, Target: 5661, SL: 5709

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  1. ShivNovember 5, 2012 at 9:11 AM

    GM!! Sir

    ReplyDelete
  2. UnknownNovember 5, 2012 at 9:28 AM

    Good Morning Sir...Can i buy a 5800ce at these levels today?

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    Replies
    1. UnknownNovember 5, 2012 at 9:33 AM

      Good Morning Aabha, Enter CE only if Nifty manages to break above 5725 level.

      Delete
    2. UnknownNovember 5, 2012 at 9:36 AM

      ok sir...I am not carrying any call as of now. Will wait for the breakout above 5725...

      Delete
  3. UnknownNovember 5, 2012 at 9:39 AM

    Hi Sunil, Goodmorning .. Holding 110 Dena Bank CE @2.80... what should be the trailing stop loss and target for today?

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    Replies
    1. UnknownNovember 5, 2012 at 9:56 AM

      Good Morning :) Dena Bank has strong resistance near 112.1. If holding with trailing SL keep strict SL at 110.

      Delete
  4. UnknownNovember 5, 2012 at 9:39 AM

    GM sir,
    Whats the Nifty view today

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    Replies
    1. UnknownNovember 5, 2012 at 9:53 AM

      GM Krishna, If Nifty manages to break above 5725, we may see another rally.

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    2. UnknownNovember 5, 2012 at 10:03 AM

      Thanks & expecting calls at break out

      Delete
    3. UnknownNovember 5, 2012 at 3:27 PM

      Hi SR,
      Shorted Nifty at 5691,
      should i hold till tomorrow

      Delete
  5. UnknownNovember 5, 2012 at 9:45 AM

    Hi SR sir, Good morning,

    Please let us know when to enter call?

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  6. karthikNovember 5, 2012 at 9:46 AM

    GM sunilji!!

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  7. Avik PalNovember 5, 2012 at 9:47 AM

    morning sir

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  8. Avik PalNovember 5, 2012 at 10:01 AM

    will wait for your positional option call in Option...

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  9. SAINovember 5, 2012 at 10:06 AM

    GOOD MORNING SUNILJI

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  10. SUNIL KUMAR A KNovember 5, 2012 at 10:13 AM

    Shorted crompton @ 113 sl and tgt please.

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    Replies
    1. UnknownNovember 5, 2012 at 10:31 AM

      Has support near 110. If broken, can see lower levels. Keep Sl above 113.6

      Delete
  11. palaniNovember 5, 2012 at 10:26 AM

    hi sunil rao,gm.holding 5600 pts.10 lots wait or exit this level?

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  12. Mahender Reddy PulakandlaNovember 5, 2012 at 10:27 AM

    Good Morning Sunil.
    I guess I'm on time :)

    I see not much excitement with NIFTY.
    I'm still long on 6000CE DEC-2012.

    share Your view please?

    Have a good day to you and All.
    Happy Trading.

    ReplyDelete
    Replies
    1. UnknownNovember 5, 2012 at 10:35 AM

      Good Morning Mahender :) Hold for now with SL below 5685, Can see some good upmove if we break above 5725.

      Delete
    2. Mahender Reddy PulakandlaNovember 5, 2012 at 3:33 PM

      I'm still holding my long calls, in-spite of NIFTY broke below 5685.

      Thanks, have a good day!

      Delete
  13. palaniNovember 5, 2012 at 10:27 AM

    sorry some type mistake,hoidong 5600 puts at 10 lots.

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  14. ParitoshNovember 5, 2012 at 11:26 AM

    Gm Sunil, Even though nifty is up by 10 points, 5700CE is down and 5600PE is up... does this indicate anything..??

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    Replies
    1. UnknownNovember 5, 2012 at 11:35 AM

      GM Paritosh, Its difficult to comment on values of CE and PE till we find confirmation towards day-end. If value of PE is up, indicates buying of puts.

      Delete
  15. UnknownNovember 5, 2012 at 12:17 PM

    Good morning Sunil ji,

    Can i enter in nifty puts below 5685

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    Replies
    1. UnknownNovember 5, 2012 at 12:18 PM

      Good Morning, Yes, Wait a few minutes for confirmation of breakdown.

      Delete
  16. UnknownNovember 5, 2012 at 12:23 PM

    Sir....your view on SBI please

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    Replies
    1. UnknownNovember 5, 2012 at 12:29 PM

      Resistance near 2165, Support near 2115. Wait for breach of either to trade.

      Delete
    2. UnknownNovember 5, 2012 at 12:37 PM

      OK. Sure sir....Thank you

      Delete
  17. karthikNovember 5, 2012 at 12:30 PM

    Sunilji! Bot apollo tyre 90 ce @ 2.5, now it is 1.75. Hold r exit?

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  18. UnknownNovember 5, 2012 at 1:20 PM

    This comment has been removed by the author.

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  19. UnknownNovember 5, 2012 at 1:21 PM

    Sir, mistaken in my earlier post, i was suppose to type, i have 5600 put now what level should i exit? i brought @ 30.20

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  20. UnknownNovember 5, 2012 at 1:22 PM

    Sir, Sl hit...Can i buy some more 5600 puts?

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  21. UnknownNovember 5, 2012 at 1:36 PM

    Sorry guys was having power issues. Just came online a few minutes ago.

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  22. UnknownNovember 5, 2012 at 1:40 PM

    5690 levels look difficult now...will wait to sell more till that?

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  23. UnknownNovember 5, 2012 at 1:41 PM

    oh...ok sir...got it...will buy some more puts if nifty gives a small bounce to 5690 plus levels...thank you...

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    Replies
    1. UnknownNovember 5, 2012 at 2:19 PM

      Added some more puts...i hope we see 5661 today...

      Delete
    2. UnknownNovember 5, 2012 at 2:21 PM

      Always keep positions manageable. Don't over-trade.

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    3. UnknownNovember 5, 2012 at 2:22 PM

      yes sir..

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    4. UnknownNovember 5, 2012 at 2:35 PM

      Sir if we don't give a confirmed move in Nifty before eod today, do you suggest holding on to puts? With US elections tommorow, i am not so sure...

      Delete
  24. UnknownNovember 5, 2012 at 1:51 PM

    Thanks sir, if nifty reached 5661 can 5600 put see 42?

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    Replies
    1. UnknownNovember 5, 2012 at 2:09 PM

      Most Welcome. Not sure as yet. Lets hope for the best.

      Delete
  25. DilipNovember 5, 2012 at 2:22 PM

    Hi Sunil,

    Can i but a 5700 PE now?

    ReplyDelete
  26. YOUSUFNovember 5, 2012 at 2:23 PM

    sir, what indicate by the numbers on the right side of your above chart???do u give me this software for me to see intrady chart?
    what u mean by PWO ATC in chart? i guess PVT is pivot levels?

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    Replies
    1. UnknownNovember 5, 2012 at 2:34 PM

      The right side shows the legend of values of the lines plotted on chart.
      PWO ATC was the earlier name I had for AutoChannels, PWO Automated Trading Channels. PWO PVT is for PWO Pivots.
      The software is not available for distribution as yet, but would let you know when its done.

      Delete
    2. YOUSUFNovember 5, 2012 at 2:49 PM

      ok thnaks

      Delete
  27. RajeshNovember 5, 2012 at 2:57 PM

    Hi Sunil,

    Holding the 5500 PUTs.. Is this a hold for tomorrow or should I exit today. Holding about 20 lots.

    ReplyDelete
    Replies
    1. UnknownNovember 5, 2012 at 3:07 PM

      Hi Rajesh, If possible, old till tomorrow, if SL not hit.

      Delete
  28. ParitoshNovember 5, 2012 at 3:02 PM

    SL triggered in long and now shorts are in loss as well... bad day after all... can you please advice if shorts positions can be held over tomorrow or should i square off with the loss?

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    Replies
    1. UnknownNovember 5, 2012 at 3:07 PM

      Hi Paritosh, :( If possible, hold till tomorrow, if SL not hit.

      Delete
    2. ParitoshNovember 5, 2012 at 3:11 PM

      Its near SL, do you see enough to cover positions tomorrow or shall we exit today itself...

      Delete
  29. UnknownNovember 5, 2012 at 3:04 PM

    Its nearing the SL...Hold for tommorow or exit today at loss?

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    Replies
    1. UnknownNovember 5, 2012 at 3:08 PM

      If possible, hold till tomorrow, if SL not hit.

      Delete
    2. UnknownNovember 5, 2012 at 3:11 PM

      possible...but worried about the gap up opening! global cues seem weak today, yet nifty managing to hold good...

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    3. UnknownNovember 5, 2012 at 3:19 PM

      If Nifty gaps up tomorrow, expect a good rally.

      Delete
    4. UnknownNovember 5, 2012 at 3:32 PM

      Don't say that sir! Holding my puts...Hope for a gap down opening tommorow...

      Delete
    5. UnknownNovember 5, 2012 at 3:33 PM

      Thank you for all your guidance and help sir! Cya tommorow, hopefully with Nifty in deep red!

      Delete
    6. UnknownNovember 5, 2012 at 3:37 PM

      Most Welcome :) Me too holding shorts in Nifty. Even, If Nifty gaps-up, we should see a breakout rally and make up our losses in shorts. But still hoping Nifty not to gap-up. Let hope for the best.

      Delete
  30. UnknownNovember 5, 2012 at 3:15 PM

    Hi SR sir, i am holding 5600 put, because still sl not trigger

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  31. UnknownNovember 5, 2012 at 3:20 PM

    Shorted Nifty at 5691,
    should i hold till tomorrow

    ReplyDelete
  32. AmitviratNovember 5, 2012 at 3:40 PM

    Hi Sunil.. where do u see Bajaj Auto???

    ReplyDelete
    Replies
    1. UnknownNovember 5, 2012 at 3:43 PM

      Hi Amit, Has support near 1833. Lets see whether it holds.

      Delete
    2. AmitviratNovember 5, 2012 at 3:46 PM

      I would pray it doesnt.. :) as I am holding PUTs..

      Delete
    3. UnknownNovember 5, 2012 at 5:50 PM

      Lets hope for the best. :)

      Delete

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