Nifty Trades for 16/11/2012

65 Comments
16/11/2012 09:00  Trend: Positive
16/11/2012 14:40  SL Triggered, Exit Longs, Trend: Negative
16/11/2012 14:50  Downside Targets: 5607, 5595, SL: 5644
16/11/2012 15:00  Targets Hit.
16/11/2012 15:05  Next Targets: 5577, 5565, SL: 5615
16/11/2012 15:15  Targets Hit. Book Profits. SL Trailed: 5600


  1. GM SIR AT WHAT LEVEL SHOULD WE ENTER?

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  2. Hello Sunil,

    Good Morning..Is it sell on rise situation on nifty?

    Can i have enter put near 5650-60 levels?

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    Replies
    1. Hi Ravii, Good Morning. Hourly Charts suggest the same. May enter puts near 5669-5642 for downside targets of 5569, 5515.

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  3. Hi SR,
    GM,
    Nifty is in a narrow range,
    Positive trend? SL pl.

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    1. Hi Krishna, GM, SL currently at 5618. Avoid longs in Nifty below 5647.

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    2. Can i enter 5600PE, at what level

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    3. Would you pl suggest to enter the 5600PE now
      Whats the SL then

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    4. Hi Krishna, May enter a positional short in Nifty in small qty. Sell near 5669-5642, Targets: 5569, 5515, SL: 5725

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    5. Entered 5500PE@10, 4 lots today

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  4. Good Morning Sunil ji... hope you are doing well.
    Today also can i go for short on itc ?

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    Replies
    1. Good Morning Mahesh, Seems ITC is showing a pullback today. Positionally can be shorted on rise.

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  5. hi Sunil Sir,

    holding United Sprits around 1838 levels..
    pls suggest what to do ?
    hold or exit at cmp...
    what levels can it see today

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    Replies
    1. Hi Sandeep, It may see some profit booking later today or tomorrow. Exit on rise today. Don't re-enter it now.

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  6. Hi Sunil, Nifty has moved above 5647 and remained there for quite some time and tested a maximum of 5650.. Does that give any signs of bullishness? Is it the right time to enter into Calls..

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    Replies
    1. Hi Dilip, Can enter calls on dips for intraday. Don't carry it positional.

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  7. Hai Sunil ji... may i go for put at this level... or wait for 5669 ? your view please...

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    Replies
    1. Hi Mahesh, Can start accumulating in small qty on dips.

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  8. HI SR SIR, NIFTY IS ABOVE 5647 NOW. CAN I BUY NIFTY @ CMP

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    1. Hi Vibhor, Can go long on dips for intraday. Don't carry it positional.

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    2. ok sir.. Thanks.. Sir, Do you track Hindustan uniliver and reliance capital. I have these two stocks call for december expiry. will these stocks good for hold or not?

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  9. sunil ji,

    Holding 2 lots of SBI 2100 PE purchased @ 22....shall i hold or exit?

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    Replies
    1. Hi Neelima, Hold with a SL above 2156 for now. If it manages to break below 2140, can see 2115.

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    2. Thanks a lot sir, i will follow the same

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    3. thanks a lot sir,, i exited both the lots at 28.50

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  10. Hai Sunil ji... go with 5600 or 5500 pe ? by considering weekend (time decay) better to wait till monday ?

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    1. Hi Mahesh, Go with 5500PE in small qty. May add few more on Monday on dips. Risk / reward would be great in 5500PE.

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  11. Hello Sir...How are you? I read something about fever yesterday...So sorry,but i have been really busy with Diwali work...How are you now? Hope you have recovered totally...

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    1. Hi Aabha, Thanks. I'm fine now. Was down with fever last week just before Diwali. Hope you are doing good too. :)

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    2. good to hear that...i was so busy that i just came online couple of times to track nifty...Didn't read any of the other comments for a few days...
      Diwali wasn;t good at all...haven't slept for last few days...worrying about my 5800CE. I have bought these at 54...now at 9. And time decay started already...Really donno what to do...

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    3. Please don't lose your sleep on Nifty. Always keep quantities low and manageable in case of SL triggered. As of now would advise to exit on any rise in the coming week.

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    4. ok sir...will exit when you suggest to.

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    5. Hi Sunil,

      Please teach some money management tips/tricks/guide-lines to us, Aabha requires it a lot ;)

      So, please share your ideas with us on it.

      I would be great Help for us all.

      Thanks
      Mahy

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  12. Sir, Do you track Hindustan uniliver and reliance capital. I have these two stocks call for december expiry. will these stocks good for hold or not?

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    Replies
    1. Hi Vibhor, HUL overall has turned weak. Exit on any rise. Rel Cap has resistance near 411. Can do well above it.

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  13. sir can i go for 2150 SBI nov call?

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  14. can i enter in nifty 5500 PE nov as positional call?

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    Replies
    1. Can Enter in small qty on rise of Nifty. Best entry range 5669-5642.

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    2. Yes, Wait till Monday for fresh entry.

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  15. Hai Sunil ji thank you very much...
    5500 pe enter 10.35 and exited at 22 booked profit...

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  16. Those who entered positional Trade in Nifty should book at least 66% profits in puts. Target of 5569 achieved. Hold remaining for next target of 5515

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  17. What was the sudden fall about? its a fall of 90 points from days high...

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    1. Not sure of any news. Technically Nifty had given a major breakdown yesterday and the fall was due to come. Positional Targets were 5569 and 5515. We have already reached first Target today itself.

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    2. Ok...Where do you see this fall ending? I need to enter in longs at right entry levels to recover the huge losses in 5800 calls...

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  18. oh! great sir...exactly at autochannels levels..
    and congratulations...
    you have developed very good software... good going...
    helping a lot... thank you...

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    Replies
    1. Thanks Mahesh for your kind comments. Most Welcome.

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  19. Hi SR,
    Thanks
    profit booked in 5500PE, 3.3k

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  20. hi SR sir, Now we are waiting for your positional calls from monday on nifty. You are Super-Rockstar(SR) of stock market

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    Replies
    1. Hi Vibhor, Thanks for your kind comments. I will be starting a positional section from Monday but will need to wait for the next major breakout for a positional trade on Nifty.

      Hi Aabha :)

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  21. This comment has been removed by the author.

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