Nifty Trades for 31/12/2012

55 Comments
31/12/2012 09:00  Trend: Positive, SL: 5890


  1. Good Morning Sunilji
    How do you see market today?

    ReplyDelete
  2. good morning sunil...

    WHere do we see NIFTY end of the day ? (We shorted it).

    THanks
    mahy

    ReplyDelete
    Replies
    1. Hi Mahender, Not sure of today as its last trading session for the year. But positionally you may hold the short. Read http://www.autochannels.in/2012/12/technical-view-on-nifty-as-on-28122012.html

      Delete
    2. Thank you...
      Sure will go through it.

      Holding tatamotors 320CE @8.5 (now at 8.4)
      Holding BHEL 240CE @5.1 (now at 3.5)
      Holding JPASSOCIAT 100CE@3.8 (now at 3)

      Please share your thoughts.

      Delete
    3. Most Welcome. Tatamotors looks strong above 310, can hold onto it. Exit Bhel and JP on rise.

      Delete
  3. Hi good morning..what about bhel?resistance and support

    ReplyDelete
    Replies
    1. Good Morning Subin, Support: 223, Res: 229, 232

      Delete
  4. Keep Watch: India VIX up by 0.9% without much change in Nifty. This indicates fear is rising and Nifty may see a sharp fall soon.

    ReplyDelete
  5. Replies
    1. Try to buy on dips. 5700PE is already trading at a higher premium as compared to Friday close.

      Delete
  6. Hi Sunil,
    Read ur technical view on nifty. Is 5750 the trendline support? Thanks.

    -Shammi

    ReplyDelete
    Replies
    1. Hi Shammi, Yes, trendline support is currently near 5730-50 levels

      Delete
  7. Sunilji, Good Morning. Holding 5700 PE @ 20.5 pls suggest exit level

    ReplyDelete
    Replies
    1. Good Morning Sai, Hold for now. If Nifty break the range on the downside, Nifty can see 5797, 5744

      Delete
  8. Sirjee...at what levels do you suggest buy of 5700pe?

    ReplyDelete
  9. Sir
    chettinad cement board approve delisting-moneycntrol

    What happened to share holder?,how they will get the money, and how much per share?pls give me clear explanation. thanks in advance

    ReplyDelete
    Replies
    1. Hi Yousuf, In case of delisting, the board will decide a delisting price and share holders would be asked to return the shares at the delisted price.

      Delete
  10. Dear Sunil Rao,
    Wishing you , your dear family and friends ,
    A very HAPPY , PROSPEROUS ,HEALTHY, AND PEACEFUL YEAR 2013!
    May all your hard labor bear fruits and bring you joy and peace!
    Gitanjali .

    ReplyDelete
    Replies
    1. Hi Gitanjali, Thanks a lot for your good wishes. Wish the same to you and your family.

      Delete
  11. ok, this price is above or below cmp ? and what is the reason of delisting compnies? and any posiblity to list again in future? is it posiible legaly?

    ReplyDelete
    Replies
    1. Generally, delisting price is higher than market price. Possibility is there for relisting but is very rare. Yes, its legal.

      Delete
  12. Sir I bought 2 nos of 5700 Puts @ 21.50 . I want to add 4 nos more . Shall I buy additional 4 Nos of 5700 Put at around 3 PM today or if it breaks 5890 (today's intraday support as per your chart) . Please advice.

    ReplyDelete
    Replies
    1. Hi Sonu, Can add on dips, however keep qty low.

      Delete
    2. Ok Thanks a lot Sir . And Wish you a very !!! HAPPY NEW YEAR !!! in advance .

      Delete
    3. Most Welcome. Thanks a lot and wish you the same.

      Delete
  13. Sir I am also planning to sell FEB 6100 CALL @ around 80 . What should be my SL for this trade .

    ReplyDelete
  14. Hi Sunilji,

    Please give multiple resistance/support levels for SBI and Maruti.
    Thanks.

    ReplyDelete
    Replies
    1. Hi Ram, Sbi supports: 2384, 2360, 2313, Res: 2397, 2449, 2497. MAruti supports: 1488, 1453, Res: 1500, 1525

      Delete
  15. This comment has been removed by the author.

    ReplyDelete
    Replies
    1. Thanks Robotguy and wish you and your family the same. :)

      Delete
  16. Hi Sunil, GA, Today I have bought 5800 PE @ 40.. what should be my target and stop loss?

    ReplyDelete
    Replies
    1. Hi Rohit, Keep SL at 5951, Targets: 5797, 5744

      Delete
    2. Ok..Thanks Sir, Wish you a Very happy New year...

      Delete
    3. Most Welcome. Thank you and wish you and your family the same.

      Delete
  17. Wish you all the best for the coming year 2013. Does VIX going up by 10%+ means market will come down ?

    ReplyDelete
    Replies
    1. Hi Kishan, Thanks and wish you and your family the same.
      VIX going up by 10% indicates higher volatility to be seen in coming days.

      Delete
  18. SUnil JI, wish you and your family a very happy new year

    ReplyDelete
    Replies
    1. Hi Loganathan, Thanks and wish you and your family the same.

      Delete
  19. WISH YOU HAPPY NEW YEAR TO YOU ALL AND YOUR FAMILIES.


    ReplyDelete