Nifty Trades for 22/11/2012

Nov 22, 2012 9:00 AM
34 Comments
22/11/2012 09:00  Trend: Positive, SL: 5593
22/11/2012 12:15  SL Triggered, Trend: Negative, SL: 5635
22/11/2012 13:50  SL Triggered, Trend: Positive, SL: 5612


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  1. UnknownNovember 22, 2012 at 9:08 AM

    Good morning Sunil ji,

    Can i enter in 5700 CE ?

    ReplyDelete
    Replies
    1. UnknownNovember 22, 2012 at 9:29 AM

      Good Morning Neelima, May enter on dips near 5615 for target of 5639 or it breaks above 5640.

      Delete
  2. MaheshNovember 22, 2012 at 9:33 AM

    Hai Sunil ji... Good Morning...

    ReplyDelete
  3. LOGANATHANNovember 22, 2012 at 9:48 AM

    sir GM

    Is 5640 resitance for nifty sir?

    ReplyDelete
    Replies
    1. UnknownNovember 22, 2012 at 12:53 PM

      GM Loganathan, Yes 5640 is intraday resistance for Nifty.

      Delete
  4. Sandeep CANovember 22, 2012 at 10:12 AM

    hi Sunil sir,

    holding ICICIBank 1040CE around 1035 levels (booked 50% around 1052)
    holding UnitedSpirit 1900Ce aroun 1810 levels...

    pls advice levels we can wee today in both stocks..
    when to exit

    ReplyDelete
    Replies
    1. UnknownNovember 22, 2012 at 1:09 PM

      Hi Sandeep, Book profits in ICICI Bank for now. United Spirit seems to be trading flat. Can book profits on rise. Keep SL at 1787.

      Delete
  5. karthikNovember 22, 2012 at 10:33 AM

    Gm sunilji!

    ReplyDelete
  6. UnknownNovember 22, 2012 at 10:47 AM

    Hai sunil ji.. good morning...

    ReplyDelete
  7. Mahender Reddy PulakandlaNovember 22, 2012 at 10:53 AM

    Good morning Sunil.

    I wish you all good day.

    ReplyDelete
    Replies
    1. UnknownNovember 22, 2012 at 12:54 PM

      Good Morning Mahender. Wish you the same. :)

      Delete
    2. Mahender Reddy PulakandlaNovember 22, 2012 at 4:03 PM

      Overall, it was good trading day Sunil.
      Minimize my losses to decent level now.

      I requested you to post an Article on Money Management.
      Please consider my request, once again.

      Thanks
      Mahender Reddy

      Delete
  8. UnknownNovember 22, 2012 at 12:24 PM

    good afternoon sir can i buy nifty at present value?

    ReplyDelete
  9. karthikNovember 22, 2012 at 12:49 PM

    Gm sunilji!

    ReplyDelete
  10. UnknownNovember 22, 2012 at 12:52 PM

    Sorry all, Just came online. Was having power problems.

    ReplyDelete
  11. UnknownNovember 22, 2012 at 12:54 PM

    GM again Karthik :)

    ReplyDelete
  12. UnknownNovember 22, 2012 at 12:59 PM

    Hi SR,
    GA,
    Pl. see your posting,SL not triggered, Trend Positive

    ReplyDelete
    Replies
    1. UnknownNovember 22, 2012 at 1:02 PM

      GA Krisjna, Thanks, Corrected it.

      Delete
    2. UnknownNovember 22, 2012 at 1:06 PM

      Sir, Earlier SL was at 5613-10,
      can we enter 5500PE keeping SL 5635

      Delete
    3. UnknownNovember 22, 2012 at 1:13 PM

      Hi Krishna, Can do so in small qty. Downside momentum will only resume below 5615.

      Delete
  13. Chitrang DalalNovember 22, 2012 at 1:10 PM

    Hi SR,
    Can v enter nifty call or put now?

    ReplyDelete
    Replies
    1. UnknownNovember 22, 2012 at 1:16 PM

      Hi D3@dY, Nifty has been trading near the trendline for last 4-5 trading sessions. Would advise to wait a day or two to confirm bounce or break down of trendline. Can enter Nifty trades after that.

      Delete
  14. Chitrang DalalNovember 22, 2012 at 1:19 PM

    ohk thanks!!
    i am anxiously waiting for ur positional call on nifty :)

    ReplyDelete
    Replies
    1. Chitrang DalalNovember 22, 2012 at 1:20 PM

      FYI...
      22/11/2012 12:15 SL Triggered, Trend: Negative, SL: 5635
      i think SL is not yet triggered and Trend is still positive !

      Delete
    2. UnknownNovember 22, 2012 at 1:33 PM

      SL was at 5611 which was triggered when Nifty closed below it at 12:15. However, we may see whipsaws in lower time frames when there is no clear trend on higher time frames.

      Delete
  15. RajeshNovember 22, 2012 at 2:37 PM

    Hi Sunil,

    Holding 5500 PUT at 5.5..Shall I hold it or exit at a loss. Have 1000 quantity

    ReplyDelete
    Replies
    1. UnknownNovember 22, 2012 at 3:05 PM

      Hi Rajesh, Try to exit on rise. Avoid trading in large qty with OTM options with expiry being so close.

      Delete
  16. Nagaraj HegdeNovember 22, 2012 at 9:48 PM

    Hello SR, How are you?

    ReplyDelete
    Replies
    1. UnknownNovember 23, 2012 at 9:12 AM

      Hi Nagaraj, I'm doing fine. Hope the same with you.

      Delete

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