Nifty Trades for 09/01/2013

Jan 9, 2013 9:00 AM
122 Comments
09/01/2013 09:00  Trend: Positive, SL: 5984
09/01/2013 09:20  SL Trailed: 5993
09/01/2013 10:55  SL Trailed: 5996
09/01/2013 13:10  SL Triggered, Trend: Negative, SL: 6012
09/01/2013 14:35  SL Trailed: 6006
09/01/2013 14:45  SL Trailed: 6004
09/01/2013 15:05  SL Trailed: 5980


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  1. LOGANATHANJanuary 9, 2013 at 9:07 AM

    GOOD morning sir

    ReplyDelete
  2. ShivJanuary 9, 2013 at 9:12 AM

    GM Sir.. :)

    ReplyDelete
  3. Mahender Reddy PulakandlaJanuary 9, 2013 at 9:17 AM

    Good morning Sunil.

    Levels for Titan pls?

    ReplyDelete
  4. UnknownJanuary 9, 2013 at 9:25 AM

    Good Morning Sir .

    ReplyDelete
  5. subinJanuary 9, 2013 at 9:45 AM

    good morning sir, holding hdfc 860ce.badly down today.hold or sell now

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 9:52 AM

      Good Morning subin, Its a hold for now.

      Delete
    2. nishantbJanuary 9, 2013 at 10:04 AM

      Sir at what levels can i enter HDFC 840CE.

      Delete
  6. Mahender Reddy PulakandlaJanuary 9, 2013 at 10:00 AM

    LT seems to bounce back today ... I'm sitting with huge loss in it.

    One Stock took away all my profits of Dec That'is Bad Trede(LT). It is due to lack of money management and not sticking to STOPLOSS.
    Importantly ... waiting when it will bounce back and recover my losses ... too optimistic
    hehehe ... There is something I need to learn from it.


    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 10:10 AM

      That's bad. Let hope you recover your losses in LT today. :)

      Delete
  7. UnknownJanuary 9, 2013 at 10:02 AM

    Hi SRji, Good morning
    So far Nifty is moving in a narrow range, Whats the mood of Nifty today?

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    Replies
    1. UnknownJanuary 9, 2013 at 10:11 AM

      Hi Krishna, Nifty is so far positive. Should do well once it crosses 6020.

      Delete
    2. UnknownJanuary 9, 2013 at 10:21 AM

      Thanks sir,
      when the whole(excepting South)india is shivering with cold,we do at least expect a little warm from the market.

      Delete
    3. UnknownJanuary 9, 2013 at 11:06 AM

      Hi Sir,
      Nifty is inching towards 6020,

      Delete
  8. SAIJanuary 9, 2013 at 10:02 AM

    GOOD MORNING SUNILJI. HDFC hold or exit?

    ReplyDelete
  9. AmitviratJanuary 9, 2013 at 10:05 AM

    GM Sunil..ur views on jindal steel?

    ReplyDelete
  10. Hamdan HarrisJanuary 9, 2013 at 10:05 AM

    hi Sunilji Good Mornig
    I was out for vacation,so couldn't wish you a happy new year. I am wishing now a very happy and prosperous new year.

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 10:14 AM

      Good Morning chippa, Thanks and wish you the same. Hope you had a nice vacation.

      Delete
  11. UnknownJanuary 9, 2013 at 10:31 AM

    Hello Sir,
    Whats the Tgt of SBI today?

    ReplyDelete
  12. Mahender Reddy PulakandlaJanuary 9, 2013 at 10:45 AM

    Booked 31% profits on TataMotors Jan 320CE@14.5 (entered on 03-Jan)

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 11:08 AM

      Great Going Mahy :)

      Delete
    2. Mahender Reddy PulakandlaJanuary 9, 2013 at 12:05 PM

      Thank you Sunil

      I was about to book at 13 but with your suggested levels I set target for 14.5 and left.
      It hit the Target :)

      Thanks again Sunil.

      Delete
  13. UnknownJanuary 9, 2013 at 10:54 AM

    Hi SR, Gud mrng.. I think Yesterday you have got maximum comments i ever seen on your website(141)in one day.. Congrats for your success!!!.

    ReplyDelete
  14. UnknownJanuary 9, 2013 at 11:47 AM

    Hi SR, Nifty seems to be rangebound...

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 12:02 PM

      Hi Vibhor, Yes. Will do well after Nifty cross 6020.

      Delete
  15. RobotguyJanuary 9, 2013 at 11:51 AM

    Hi SR (Sunil Rocks)

    Congrats for receiving maximum comments... :-) Wish u all the best and great going :-)

    Robotguy

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 12:01 PM

      Hi robotguy.. Gud mrng..

      Delete
    2. UnknownJanuary 9, 2013 at 12:03 PM

      Hi Robotguy, Thanks for your best wishes. :)

      Delete
    3. SAIJanuary 9, 2013 at 12:14 PM

      Hi Robotguy GM, how r u? not coming to NG nowadays? Wish you Happy New Year. Let us have a profitable year.

      Delete
    4. RobotguyJanuary 9, 2013 at 12:16 PM

      Good morning, thanks I stopped posting on NG as somebody was posting messages using my ID. But I am missing all of you...:-(

      Robotguy

      Delete
    5. AmitviratJanuary 9, 2013 at 12:27 PM

      change ur name buddy but do come to NG... :)

      Delete
    6. nishantbJanuary 9, 2013 at 12:32 PM

      hi robotguy you really are missed very much on NG..

      Delete
  16. MaheshJanuary 9, 2013 at 12:15 PM

    Hai Sunil Ji... Good Morning...
    Can I use this dip to enter 6100 ce ? best entry level please...

    ReplyDelete
  17. UnknownJanuary 9, 2013 at 12:16 PM

    Good Afternoon Sir, can i accumulate more of 6200ce jan series

    ReplyDelete
  18. UnknownJanuary 9, 2013 at 12:23 PM

    Sir I am holding 2 lots of 6200 Calls , shall I add 1 lot of 6100 Call now or shall I add 1 lot of 6200 call .

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 12:38 PM

      Hi Sonu, Add more as per your risk appetite. Always Keep qty. manageable

      Delete
  19. Chitrang DalalJanuary 9, 2013 at 12:31 PM

    Sirjee where do u see nifty closing today?

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    Replies
    1. UnknownJanuary 9, 2013 at 12:41 PM

      Not sure as yet. As of now Nifty is holding onto support levels. If held, may see a bounce back to 6020-25

      Delete
    2. Chitrang DalalJanuary 9, 2013 at 12:56 PM

      Thank you sirjee!
      Awaiting some bounce then :)

      Delete
  20. UnknownJanuary 9, 2013 at 1:13 PM

    Hi SR, India vix is up 1.50%. and nifty going downwards..

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 1:22 PM

      Hi Vibhor, 1-2% volatility in Vix is quite normal. Nifty has good supports 5997, 5982, 5965, 5959, 5947.

      Delete
    2. UnknownJanuary 9, 2013 at 1:25 PM

      Nifty held on above 5997 till 1pm. Now Nifty has sufficient time till 2pm to bounce back above 5997 and SL is still not breached on hourly closing.

      Expecting a good bounce as futures premiums rising when Nifty is falling.

      Delete
    3. UnknownJanuary 9, 2013 at 1:28 PM

      ok sir.. Thanks..

      Delete
  21. UnknownJanuary 9, 2013 at 1:23 PM

    Sir what does it mean when it is said that "long unwind in nifty future" ?

    ReplyDelete
  22. raviiJanuary 9, 2013 at 1:55 PM

    Hello Sunil,

    GA..Nifty and nifty futures gap is reducing day by day...can we expect any correction upto 5900-5850?

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 2:01 PM

      Hi ravii, Nifty futures premium is bound to reduce as we head closer to expiry. As of now, a correction is not likely as long as Nifty sustains above 5965 (closing basis). On the contrary, the longer Nifty sustains above 5965, the stronger would be the following upmove.

      Delete
  23. UnknownJanuary 9, 2013 at 2:01 PM

    Hi SR, Nifty gives closing above 5997(support) level at 2 p.m

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 2:06 PM

      Yes, and even forms an hourly reversal bar :)

      Delete
  24. UnknownJanuary 9, 2013 at 2:11 PM

    Hello sir,
    In 2 p.m hourly closing Nifty is above 6001, US opening is in positive, what does it indicate?

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 2:13 PM

      Nifty possibly test 6020-25 before close.

      Delete
    2. UnknownJanuary 9, 2013 at 2:20 PM

      SBI has already touched 2540,whats the resistances,can i expect 2560 for the days to come

      Delete
    3. UnknownJanuary 9, 2013 at 2:28 PM

      Above 2540, Sbi can head upto 2575

      Delete
  25. Hamdan HarrisJanuary 9, 2013 at 2:20 PM

    hi sunilji
    Axis bank looks good to enter at current levels? want to go with futures..pls advise

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    Replies
    1. UnknownJanuary 9, 2013 at 2:31 PM

      Axis is trading near support level, Enter if it bounce back above 1357.

      Delete
    2. Hamdan HarrisJanuary 9, 2013 at 2:48 PM

      you mean Futures level or cash?

      Delete
  26. MaheshJanuary 9, 2013 at 2:28 PM

    Hai SR Sir, Good Afternoon...
    Tatasteel levels please... can i enter 460 ce at this level... if not please suggest best entry level

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 2:40 PM

      Hi Mahesh, Avoid entering Tata Steel below 428. Has strong support near 422, but enter only after it bounces back above 430.

      Delete
  27. SAIJanuary 9, 2013 at 2:28 PM

    HI SUNILJI, SHORTED ICICIBANK. CAN I HV LEVELS TO CLEAR

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 2:41 PM

      Hi Sai, ICICI overall looks strong. Try to exit on any dips. Support near 1173.

      Delete
    2. SAIJanuary 9, 2013 at 3:05 PM

      Cleared !!!! thanks

      Delete
  28. raviiJanuary 9, 2013 at 2:29 PM

    Thank Sunil...What abt Infy strangle...any call or put can i go like 2000 or 2700 call or put

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 2:45 PM

      Most Welcome. Don't enter such OTM strangles.

      Delete
  29. UnknownJanuary 9, 2013 at 2:47 PM

    Our Market is mainly driven by EU markets

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    Replies
    1. UnknownJanuary 9, 2013 at 2:52 PM

      Nifty had formed a wedge pattern yesterday. If 5965 is not taken out today, or tomorrow, expect Nifty near 6100 by Friday.

      Delete
    2. UnknownJanuary 9, 2013 at 2:57 PM

      Nifty is near its 2nd support level now..

      Delete
  30. tarunJanuary 9, 2013 at 2:50 PM

    Hi SR,

    What if nifty closes below 5997 at 3, can we initiate shorts in small quantity with stop loss at 6012

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 2:53 PM

      Hi Tarun, No, Don't go short on Nifty until it breaks 5947.

      Delete
    2. UnknownJanuary 9, 2013 at 2:55 PM

      Use these dips to go long instead with SL below 5959 (hourly closing).

      Delete
  31. UnknownJanuary 9, 2013 at 2:56 PM

    Sir I am holding 2 lots of 6200 call (bought @ 24 each) and 1 lot of 6100 call (bought @ 40.30), Shall I short FEB 6300 Call now .

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 3:07 PM

      Hold them with SL of 5959 (hourly closing). Dont short call as yet.

      Delete
  32. Chitrang DalalJanuary 9, 2013 at 2:56 PM

    Sirjee... i have 6100ce!
    should i hold for tomorrow?

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 3:06 PM

      Hold them with SL of 5959 (hourly closing)

      Delete
    2. Chitrang DalalJanuary 9, 2013 at 3:21 PM

      Thank you sirjee!!
      ur levels are amazingly accurate. Thanks so much for support!
      Your word really helps in such panic situation :)

      Delete
    3. UnknownJanuary 10, 2013 at 8:35 AM

      Most Welcome. Thank you for your kind comments.

      Delete
  33. UnknownJanuary 9, 2013 at 3:04 PM

    Nifty suddenly came down.. Near final support...

    ReplyDelete
  34. RadhakrishnanJanuary 9, 2013 at 3:06 PM

    Hi SR,
    Please suggest on 6200 CE. Shall I hold or exit?

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 3:08 PM

      Yes, Hold for now with SL of 5959 (hourly closing)

      Delete
  35. UnknownJanuary 9, 2013 at 3:15 PM

    nifty is giving respect to the final support...

    ReplyDelete
  36. LOGANATHANJanuary 9, 2013 at 3:17 PM

    Sir, can I add 6000 CE sir

    ReplyDelete
  37. UnknownJanuary 9, 2013 at 3:19 PM

    Your commnets chart is also giving some bounce back.. Moving towards all time high(140)...:). And century comes up already..

    ReplyDelete
  38. anupJanuary 9, 2013 at 3:23 PM

    Hi SR,

    If 5959 is broken then which is the next major support...

    ReplyDelete
  39. UnknownJanuary 9, 2013 at 3:30 PM

    Hi SR, nifty is going to close near its low.. Is it the sign of weakness?

    ReplyDelete
  40. anupJanuary 9, 2013 at 3:32 PM

    What is the ideal level to go short/ long?

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 3:46 PM

      Ideal levels to go long is above 5965 with SL below 5959(hourly closing).
      Hedge long positions with puts below 5947(hourly closing).

      Delete
  41. UnknownJanuary 9, 2013 at 3:50 PM

    Hi SR, do you see any reason behind this fall?

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 10:36 PM

      Not sure of any specific reason for the fall. Probably some profit booking for better entry levels.

      Delete
  42. UnknownJanuary 9, 2013 at 4:04 PM

    Sir can we buy 6500 CALL / 6600 CALL of MARCH Series .

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 10:41 PM

      Hi Sonu, Don't enter deep OTM calls. One needs to trade the options which are in the range of max OI.

      Delete
  43. UnknownJanuary 9, 2013 at 6:57 PM

    SIR please guide me
    I m in big loss and big confusion
    Holding in fur
    BATA INDIA 750 average @ 885
    HDFC 250 837
    BHEL 1000 average @ 242
    HDIL 500 average @ 122.50
    JSW STEEL 250 average @ 850
    What will be its tgt till this Friday
    I am want to exit , with less loss

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 10:45 PM

      Hi Pravin, Hold them for now. Markets are currently at strong support levels and may likely see a bounce from here. In case Nifty breaks support falls below 5947, hedge your longs with a few puts.

      Delete
  44. UnknownJanuary 9, 2013 at 9:00 PM

    Sir,Good evening
    US & EU both are rising sharply, a gap up opening & if Nifty manages to stay above 6020 on closing, can be expected on tomorrow?
    Then 6100+ can be tested on friday

    ReplyDelete
    Replies
    1. UnknownJanuary 9, 2013 at 10:53 PM

      Good evening Krishna, Yes, They are trading positive as of now. Lets see how they close. We may likely see a positive opening tomorrow.

      Delete

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