Nifty Trades for 10/12/2012

Dec 10, 2012 9:00 AM
50 Comments
10/12/2012 09:00  Trend: Negative, SL: 5919


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  1. Mahender Reddy PulakandlaDecember 10, 2012 at 9:15 AM

    Good Morning Sunil.

    What's the view on ICICIBANK? Holding DEC-12 1150CE@26.

    Happy Trading.

    Thanks
    Mahy

    ReplyDelete
  2. UnknownDecember 10, 2012 at 9:19 AM

    Good Morning Mahy, Support at 1128, Resistance at 1155

    ReplyDelete
  3. UnknownDecember 10, 2012 at 9:20 AM

    Good Morning Sir!
    Hope you had a refreshing weekend!

    ReplyDelete
    Replies
    1. Mahender Reddy PulakandlaDecember 10, 2012 at 9:20 AM

      Good Morning Aabha

      Delete
    2. UnknownDecember 10, 2012 at 9:26 AM

      Good Morning Aabha, Weekend was really refreshing. Hope the same for you. :)

      Delete
    3. UnknownDecember 10, 2012 at 9:34 AM

      Hello Mahy...Good Morning sirjee...
      SR sir, keep holding the 6200 calls? Worried about time decay now..Nifty looks weak today too.

      Delete
    4. UnknownDecember 10, 2012 at 9:42 AM

      For now hold with SL at 5868 on Nifty.

      Delete
    5. UnknownDecember 10, 2012 at 9:42 AM

      ok sir...Thank you.

      Delete
    6. Mahender Reddy PulakandlaDecember 10, 2012 at 10:35 AM

      Hey Aabha,

      Congrats ;), RENUKA now trading below 33/-.

      Happy Trading.

      Delete
    7. UnknownDecember 10, 2012 at 11:02 AM

      :-) exit at right time is so imp.....Though missed the right exit for my 6200 calls,...imagine they had given high of 16.9...now at 7...:-(

      Delete
    8. Mahender Reddy PulakandlaDecember 10, 2012 at 11:23 AM

      I've noticed that you trade way out of money strikes (chances to reach/going near are very less ... u can say rare, plus time for that is also less few days/weeks/ less than a month). Time-decay eats up your premium. You are aware of it also. try not play that close to expiry with higher strike out of the money. Try considering it.

      Delete
    9. UnknownDecember 10, 2012 at 1:07 PM

      This 6200 ce was suggested by SR sir..Had better risk return ratio. But will trade with this consideration now on...

      Delete
    10. Mahender Reddy PulakandlaDecember 10, 2012 at 1:25 PM

      No Problem Yaar.

      What are your holdings now?

      Delete
    11. UnknownDecember 10, 2012 at 1:40 PM

      along in nifty with this 6200 ce. and a long in HDFC bank. Other than this holding stocks of apollo tyres, shasun pharma, satyam and oil india.

      Delete
    12. Mahender Reddy PulakandlaDecember 10, 2012 at 1:52 PM

      Thanks for sharing that.

      Today Booked profits (swing trading) on LIC Housing Finance 10%, LUPIN 5%, NIITLTD 5%.

      Holding UnitedPhosporous, HEXAWARE (with mid-term view or 15/20% return)

      Holding ICICIBABK 1150CE DEC@26? (in Red)
      HOlding NIFTY 6200CE JAN-13@38.5? (~Break even).

      Hoping for the Best. :)

      Delete
    13. UnknownDecember 10, 2012 at 1:59 PM

      hexaware looks weak...other than that i am sure all others will earn handsome profits...

      Delete
    14. Mahender Reddy PulakandlaDecember 10, 2012 at 2:05 PM

      Holding it with mid-2-long term view. (so far only small portion of investment). It usually post decent result, which is more that sectors. My Idea here is "Buy the fear". :)

      Lets see how it will turn out in coming days.

      Delete
  4. Mahender Reddy PulakandlaDecember 10, 2012 at 9:20 AM

    Thanks Sunil.

    Hope you had good weekend.

    Any ideas for this week? (lets target week by week). ;)

    ReplyDelete
    Replies
    1. UnknownDecember 10, 2012 at 9:27 AM

      Most Welcome. Expected range of Nifty for this week 5847 - 5976.

      Delete
    2. Mahender Reddy PulakandlaDecember 10, 2012 at 9:31 AM

      Okay, Thank you.

      What's ur view on TATAMOTORS?

      Delete
    3. UnknownDecember 10, 2012 at 9:44 AM

      May give a positive breakout today.

      Delete
    4. Mahender Reddy PulakandlaDecember 10, 2012 at 9:53 AM

      Okay. Can we enter some CE's? for near/next expiry?

      Delete
  5. MaheshDecember 10, 2012 at 9:34 AM

    Hai Sunil Ji... Good Morning...
    your view on Wipro please...

    ReplyDelete
    Replies
    1. UnknownDecember 10, 2012 at 9:46 AM

      Hi Mahesh, Is looking for a positive breakout. Lets watch it some more time.

      Delete
  6. UnknownDecember 10, 2012 at 9:48 AM

    Hi SR, Good Morning
    Is there any buying opportunity of 6100CE above Nifty 5920 spot to get 5950 at least?

    ReplyDelete
    Replies
    1. UnknownDecember 10, 2012 at 9:56 AM

      Good Morning Krishna, Can buy on dips above 5868. Keep qty low.

      Delete
    2. UnknownDecember 10, 2012 at 10:00 AM

      Thanks sir,
      Would you expect Nifty will go downward without touching 5950?

      Delete
    3. UnknownDecember 10, 2012 at 10:10 AM

      Most Welcome. Not likely.

      Delete
    4. UnknownDecember 10, 2012 at 10:41 AM

      You are genius, your technical accuracy is so perfect

      Delete
    5. Mahender Reddy PulakandlaDecember 10, 2012 at 1:35 PM

      Cool,
      Sunil Ki Jai Ho :)
      hehe

      Delete
  7. UnknownDecember 10, 2012 at 10:39 AM

    Good Morning Sir
    your view on KFA please...

    ReplyDelete
    Replies
    1. UnknownDecember 10, 2012 at 10:48 AM

      Good Morning Srinivas. Sorry, do not track that scrip.

      Delete
  8. Chitrang DalalDecember 10, 2012 at 11:15 AM

    Sirjee.... Good Morning!!
    Any calls or puts for nifty?

    ReplyDelete
  9. Mahender Reddy PulakandlaDecember 10, 2012 at 11:27 AM

    Sunil,
    NIFTY not moving anywhere.
    This silence mean anything on NIFTY, break on either of the sides.

    ReplyDelete
  10. SAMDecember 10, 2012 at 11:46 AM

    Hi Sir,

    Plz advice on JP associate , would be good if can share your views for CE and PE for DEC series?

    ReplyDelete
    Replies
    1. UnknownDecember 10, 2012 at 11:50 AM

      Hi Sam, Has major resistance near 105. Would advise to wait for a dip for a fresh entry on it.

      Delete
    2. SAMDecember 10, 2012 at 11:57 AM

      Thanks for reply Sir, at what level i can enter?

      Delete
  11. SUNIL KUMAR A KDecember 10, 2012 at 12:40 PM

    Sir bought BHEL and TATA MOTORS pls tell me the tgt and sl

    ReplyDelete
  12. AmitviratDecember 10, 2012 at 1:38 PM

    Hi Sunil..Whats the support for relaince? How does it look above 822?

    ReplyDelete
  13. Mahender Reddy PulakandlaDecember 10, 2012 at 1:59 PM

    Hello Sunil,

    Will ICICIBANK test 1150 in this week? can you please share your thoughts

    ReplyDelete
    Replies
    1. Mahender Reddy PulakandlaDecember 10, 2012 at 2:57 PM

      Hello Sunil,

      Can we see some bounce back in ICICIBANK?
      please share your thoughts

      Thanks
      Mahy

      Delete
  14. UnknownDecember 10, 2012 at 3:20 PM

    Hello Sir,
    What do you feel about Nifty, will it be able to break out positive trend tomorrow?

    ReplyDelete
  15. UnknownDecember 10, 2012 at 3:28 PM

    5919 sl did get triggered in the morning...so is the trend reversed?
    Can we expect 5950 plus tommrow?

    ReplyDelete
    Replies
    1. Mahender Reddy PulakandlaDecember 10, 2012 at 3:34 PM

      It should break convincingly Aabha. it should stay above it for a while. with little strength.

      Delete
    2. Mahender Reddy PulakandlaDecember 10, 2012 at 4:21 PM

      Hey Aabha

      Is it good time to enter TITAN?
      Please share your thoughts.

      Delete
  16. Mahender Reddy PulakandlaDecember 10, 2012 at 3:33 PM

    It should break convincingly Aabha. it should stay about it for a while.

    ReplyDelete

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