Good Morning Mahender, LT Resistance near 1653, Support 1628. Reliance res near 852, support near 842. JP res near 102, Support near 98.5, TM res near 319, support near 310.5. Tisco res near 443, support 436.
THANK U SIR..WILL FOLLOW THE LEVELS..JUST WANTED TO ASK U USED TO GIVE CALLS ON EACH MONTH ON NIFTY OTM OPTIONS WHICH USED TO FETCH EXCELLENT RETURNS..CAN I EXPECT ONE THIS MONTH ALSO?
Hi Arjun, Most Welcome. OTM options fetch good returns only when Nifty shows some volatility. We need a dip in Nifty to go long on it. Lets see what shapes out.
Sir I am holding 2 lots of JAN 5700 PUT (Bought @ 22 each) and 2 lots of JAN 6200 CALL (Bought @ 25 each) and also shorted 1 lot of FEB 6300 Call (Sold @ 43). Shall I exit 1 lot of JAN 5700 PUT and 1 lot of JAN 6200 CALL . Please advice .
Hi Sonu, Would not advise to enter naked shorts in calls. Always go for some hedged strategies. If you are holding against the Jan 6200 Calls, then can hold it for some more time.
Good morning Sunil
ReplyDeletePlease
DeleteLevels for LT, Reliance, JP, TataMotors, and TataSteel.
Thanks
Mahy
Good Morning Mahender, LT Resistance near 1653, Support 1628. Reliance res near 852, support near 842. JP res near 102, Support near 98.5, TM res near 319, support near 310.5. Tisco res near 443, support 436.
DeleteThank you Sunil.
DeleteNIFTY levels pls ...
DeleteIt is moving in sideways now ... will it be the same all day?
Most Welcome. Will likely retest resistance near 6015.
Deleteokay ...
DeleteCan we start booking profits .. for today?
or should hold
please advise
Booked Nominal 4% profits on TataSteel (entered yesterday).
DeleteBooked Nominal 5.5% profits on TataMotors (entered yesterday).
DeleteBooked Nominal 3% profits on Reliance (entered yesterday).
DeleteReliance moving strong after I exited it.
DeleteAt least traders who are long on it are getting benefited :)
Good for the markets
Re-Entered TataMotors again@10.95 (earlier I exited @11.70)
DeleteRe-Entered TataSteel again@6.6 (earlier I exited @7.0)
Deletesir, good morning, M&M support and Maruti resistance level please
ReplyDeleteGood Morning, M&M support near 928. Maruti res near 1571.
DeleteGM !! SR sir.. hv agud profitable day.. :)
ReplyDeleteGood Morning Shiv, Thanks and wish you the same.
Deletegm SR, ur view on bhel and tata steel
ReplyDeleteGM subin, Tatasteel above 443 may head to 454. Bhel has res near 241, support near 234
DeleteSunil
ReplyDeleteDo you advise to book profits on JPAssociat? trading at 101.75
Holding 100CE@3.8 (now 5.1)
Please share your thoughts.
No more upside for it?
Can book part for now. Above 102, would be a strong breakout and may likely head to 106 levels.
DeleteThanks Sunil
DeleteGM sir Can i enter INFY for a tgt 2400?
ReplyDeleteGM, yes, can enter it on dips with sl below 2305 for targets of 2362, 2397.
DeleteHello Sir,
ReplyDeleteCan I buy any Put seems market is finding resistance at 6015 level ?
Hi Kishan, Forget about shorts for some time. Markets overall look strong.
DeleteThank you sir
DeleteSL for DLF long?
ReplyDeleteKeep SL near 233.
DeleteHi SR, Gud Mrng.. Any stock near breakout from your side?
ReplyDeleteHi Vibhor, Good Morning, Tata Steel and JP Associates are trading near resistance levels
Deleteok sir.. What will be the target for both?
DeleteTISCO above 444 can see 454, JP above 103 can see 107
Deleteok sir ji... thanks
DeleteSir I bought 2 lots of jan 6200 calls @ 26 and sold 1 lot of feb 6300 call @ 44 . Also holding 2 lots of 5700 put of jan .
ReplyDeleteTargets 5980 and 6015 Achieved: Book Profits in Positional Nifty call given on 01/01/2013 near 6010-6015
ReplyDeleteCool. Great Going.
DeleteWhat's the return on it? Please update that also for clarity.
Thanks, Had entered in futures at 5986, booked at 6046
Deletecool. thanks
DeleteShall I exit 6200 jan calls .
ReplyDeleteIf in profits, book for now. We may re-enter on dips.
DeleteSir how its possible, You told to buy on dips to 5934-5917, buy nifty spot low around 5944, buying not activated still now...is it right r wrong?
ReplyDeleteHi Yogi, Had entered only 1 lot near 5945 level. Was planning to add more on dips.
DeleteSirjee... cairn long can be entered now?
ReplyDeleteAvoid it, has res near 327.
DeleteGOOD AFTERNOON SIR, HAVE ENTERED BHEL 250CE AT 3.25 WHAT SHOULD BE MY SL AND TARGET?
ReplyDeleteGood Afternoon, Keep sl at 234, breaking above 240, can see 245.
DeleteTHANK U SIR..WILL FOLLOW THE LEVELS..JUST WANTED TO ASK U USED TO GIVE CALLS ON EACH MONTH ON NIFTY OTM OPTIONS WHICH USED TO FETCH EXCELLENT RETURNS..CAN I EXPECT ONE THIS MONTH ALSO?
DeleteHi Arjun, Most Welcome. OTM options fetch good returns only when Nifty shows some volatility. We need a dip in Nifty to go long on it. Lets see what shapes out.
DeleteHi SR, Tata Motors is above 319. Do you see any breakout in this scrip?
ReplyDeleteHi Vibhor, Enter TM if it closes above 321. Its trading near all time highs, breaking which may see another 8-10% gains.
Deleteok sir thanks.. Closing above 321 at hourly chart or daily chart?
DeleteMost Welcome. On Daily Charts.
DeleteHi Sunil... what are relcap levels? relcap 500ce a hold or book profits?
ReplyDeleteAlso please suggest about SAIL..
DeleteHi Amit, Book relcap on rise, may test 504-505. Hold Sail with SL at today's low.
DeleteSir I am holding 2 lots of JAN 5700 PUT (Bought @ 22 each) and 2 lots of JAN 6200 CALL (Bought @ 25 each) and also shorted 1 lot of FEB 6300 Call (Sold @ 43). Shall I exit 1 lot of JAN 5700 PUT and 1 lot of JAN 6200 CALL . Please advice .
ReplyDeleteHi Sonu, Exit Puts on any dip. Hold calls for now.
DeleteThank you Sunil for your suggestions.
ReplyDeleteHave a nice evening.
Most Welcome. Hope you had a great time too. :)
DeleteOk sir . And also advice for 6300 feb call shorted . Shall I cover it on opening today .
ReplyDeleteHi Sonu, Would not advise to enter naked shorts in calls. Always go for some hedged strategies. If you are holding against the Jan 6200 Calls, then can hold it for some more time.
Delete