Nifty Trades for 11/01/2013

Jan 11, 2013 9:00 AM
92 Comments
11/01/2013 09:00  Trend Positive, SL: 5953
11/01/2013 09:20  SL Trailed: 5992
11/01/2013 09:25  SL Triggered, Trend: Negative, SL: 6016
11/01/2013 09:35  SL Trailed: 6012
11/01/2013 10:05  SL Trailed: 6003.
11/01/2013 12:15  SL Trailed: 5995
11/01/2013 12:25  SL Trailed: 5990
11/01/2013 12:40  SL Trailed: 5986
11/01/2013 14:10  SL Trailed: 5979
11/01/2013 14:55  SL Trailed: 5966


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  1. UnknownJanuary 11, 2013 at 9:09 AM

    Hi SR, Good morning
    Wow!! what a dream opening

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 9:12 AM

      Hi Krishna, Good Morning. Yes, A great opening. If holds on for the first 1 hour, can see a sharp upmove.

      Delete
  2. ShivJanuary 11, 2013 at 9:10 AM

    GM !! SR Sir

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  3. UnknownJanuary 11, 2013 at 9:20 AM

    Good Morning Sir! How do you see satyam and shasun pharma for short term? holding at loss currently.

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    Replies
    1. UnknownJanuary 11, 2013 at 9:28 AM

      Good Morning Aabha. Satyam looks good. Not sure of shasun pharma.

      Delete
    2. UnknownJanuary 11, 2013 at 9:40 AM

      What can b the target for satyam? also Nifty not looking very strong...exit ce n go forpe?

      Delete
    3. UnknownJanuary 11, 2013 at 9:45 AM

      Hi Aabha, Not sure of Satyam, But TechM is near resistance of 1000. If broken can head upto 1015. Exit part positions in Nifty CE on rise and hold rrest with SL at 5947. Dont enter PE. Nifty will eventually head upto 6100+ this series.

      Delete
  4. UnknownJanuary 11, 2013 at 9:20 AM

    Nifty opens above 5996 ... If sustained ... can head to 6052.

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  5. Mahender Reddy PulakandlaJanuary 11, 2013 at 9:27 AM

    Good morning Sunil, Aabha.

    ReplyDelete
  6. UnknownJanuary 11, 2013 at 9:33 AM

    Hi SR Gud mrng... Have a nice and profitable day...!!!

    ReplyDelete
  7. UnknownJanuary 11, 2013 at 9:43 AM

    If nifty sustain above 5996 on hourly chart, then can we expect an upmove?

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    Replies
    1. UnknownJanuary 11, 2013 at 9:46 AM

      Yes, very likely.

      Delete
    2. UnknownJanuary 11, 2013 at 9:47 AM

      Sir, do you see any stock near breakout?

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    3. UnknownJanuary 11, 2013 at 9:54 AM

      Sir I think HCL tech has given a breakout today. Because you said that once it cross 648, it will do good..

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    4. UnknownJanuary 11, 2013 at 9:55 AM

      Can Keep watch on Sunpharma. If it bounces back from 740-746 levels and sustains above 752, Can enter it for target of 772

      Delete
    5. UnknownJanuary 11, 2013 at 10:03 AM

      ok sir thanks..

      Delete
    6. UnknownJanuary 11, 2013 at 10:27 AM

      Yes, HCL looks good.

      Delete
  8. Hamdan HarrisJanuary 11, 2013 at 9:58 AM

    hi sunilji GM
    can i short L&T? pls advise...

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    Replies
    1. UnknownJanuary 11, 2013 at 10:15 AM

      Hi chippa, GM. Short only if it sustains below 1532.

      Delete
  9. raviiJanuary 11, 2013 at 9:59 AM

    Hello Sunil,

    Can i hedge nifty put if trades below 5980?

    ReplyDelete
  10. UnknownJanuary 11, 2013 at 10:14 AM

    sir,
    so far a +trend is still exit,
    how far nifty can come down keeping hold the +trend

    ReplyDelete
  11. SAIJanuary 11, 2013 at 10:15 AM

    HI SUNILJI GOOD MORNING. HDFC IS DOWN WHY?

    ReplyDelete
  12. UnknownJanuary 11, 2013 at 10:22 AM

    ok boss,thank you so much!
    Holding just 1 lot of nifty 6100 ce so will just hold it.
    Will book satyam near 117.

    ReplyDelete
  13. UnknownJanuary 11, 2013 at 10:24 AM

    Hi SR, I think market will react after IIP Numbers.

    ReplyDelete
  14. Hamdan HarrisJanuary 11, 2013 at 10:43 AM

    is it time short L&T?

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 10:51 AM

      Not Yet. Wait for confirmation for few more mins.

      Delete
  15. UnknownJanuary 11, 2013 at 10:43 AM

    Hi SR, Complete steel sector is in profit booking. If Nifty break 5947, then can we short TATA STEEL or JINDAL STEEL.?

    ReplyDelete
  16. UnknownJanuary 11, 2013 at 10:45 AM

    Sir holding 1 jan 6100 and 2 jan 6200 lots and shorted feb 6200 call . Now can I shortfeb 5800 put

    ReplyDelete
  17. DebuJanuary 11, 2013 at 10:51 AM

    Hello SR, Good morning. I am new in Zerodha terminal. Can you please guide me, that how can I change my default chart indicator setting. Either every time I need to load my chart setting template for every scrip.

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 10:58 AM

      Hi Debu, Would advise you to buzz them at zerodha and ask the same. I'm still using Now and not ZT.

      Delete
    2. DebuJanuary 11, 2013 at 11:07 AM

      Ok ...sir

      Delete
  18. tarunJanuary 11, 2013 at 10:58 AM

    hi SR,
    can infy be shorted at 2645 fut rate

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 11:01 AM

      Hi Tarun, No, Looks strong, can see 2850 in short term if it breaks above 2650.

      Delete
  19. UnknownJanuary 11, 2013 at 11:03 AM

    Nifty forms a positive Doji on hourly charts. Reversal Possible

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    Replies
    1. UnknownJanuary 11, 2013 at 11:04 AM

      ok sir. Thanks

      Delete
    2. UnknownJanuary 11, 2013 at 11:10 AM

      Good Morning Sir, does that mean mkt will be going down?

      Delete
    3. UnknownJanuary 11, 2013 at 11:19 AM

      Hi Arjun, Good Morning. No, It means we may see a positive session later during the day, If Nifty holds the days low.

      Delete
  20. UnknownJanuary 11, 2013 at 11:04 AM

    IIP Numbers declared....

    ReplyDelete
  21. UnknownJanuary 11, 2013 at 11:56 AM

    Hello sir,
    how do you see the Nifty after that tremors?

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 12:05 PM

      Hi Krishna, Not much. Its time to keep patience.

      Delete
  22. UnknownJanuary 11, 2013 at 11:58 AM

    Sir how do you find nifty positive or negative for intraday and for next 1 week .

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    Replies
    1. UnknownJanuary 11, 2013 at 12:06 PM

      Hi Sonu, Nifty is overall positive for short term.

      Delete
  23. UnknownJanuary 11, 2013 at 12:01 PM

    Hi SR, Nifty is trying hard to go to upside. And giving respect to his support.. But Nifty is not even touching 5996...

    ReplyDelete
  24. Hamdan HarrisJanuary 11, 2013 at 12:15 PM

    LT has broken 2 month's low in daily chart..so can i go short on it when it again breaks today's low?,ie, 1525

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 1:09 PM

      Hi chippa, Can short below 1532 (hourly closing).

      Delete
  25. RadhakrishnanJanuary 11, 2013 at 12:38 PM

    Hi SR,
    What are all the points we need to note and analyse in regard to INFY? You remember the period, the previous quarter many of them strangulated and the outcome was failed. Please explain this bubble. Thanks

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 1:22 PM

      Hi Radhakrishnan, While entering a strangle, one needs to calculate the upside and downside breakevens based on the premium paid. If you expect the price move after the event to be greater than the breakevens on either side, only then should you enter a strangle.

      Delete
    2. RadhakrishnanJanuary 11, 2013 at 1:26 PM

      Thank you SR.

      Delete
  26. subinJanuary 11, 2013 at 1:43 PM

    hi SR, ur view on airtel.can i enter 340ce@cmp

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  27. tarunJanuary 11, 2013 at 1:54 PM

    hi SR,

    what is the level for closing at 2, for bulls to have upper hand
    thanks

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    Replies
    1. UnknownJanuary 11, 2013 at 2:02 PM

      Hi tarun, At 2pm was above 5984, at 3pm would be above 5975.

      Delete
  28. UnknownJanuary 11, 2013 at 2:06 PM

    Sir,
    Besides the opening flash, market is downward as a whole, keeping 5947 as SL, breakout is expected within 2-3 days. your comments pl.

    ReplyDelete
    Replies
    1. UnknownJanuary 11, 2013 at 2:19 PM

      Hi Krishna, Lets hope for the best. Today is the best day to form a higher low as we already have an higher high at opening. In that case, we may expect a bounce on Monday.

      Delete
    2. UnknownJanuary 11, 2013 at 2:42 PM

      Thanks, hope so.

      Delete
    3. UnknownJanuary 11, 2013 at 2:53 PM

      Sir,
      how much influence of EU(DAX,FTSE,CAC) market,one will have to consider for the technical calculation of Nifty movement?

      Delete
  29. tarunJanuary 11, 2013 at 2:06 PM

    ok, at 2 it was 5970... lets c

    ReplyDelete
  30. nishantbJanuary 11, 2013 at 2:40 PM

    SR Sir JP Associates badly down..what levels can it see on monday??will the downfall continue from here??

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    Replies
    1. UnknownJanuary 11, 2013 at 3:14 PM

      Hi nishant. JP has support near 93. If holding longs in it hedge with a Put below 93.

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    2. nishantbJanuary 11, 2013 at 3:20 PM

      thanks a lot sir..

      Delete
  31. UnknownJanuary 11, 2013 at 3:12 PM

    Although, Nifty has held onto 5947 on hourly closing, but Nifty is at a precarious level as of now. If holding longs in Nifty, hedge them with Puts.

    ReplyDelete
  32. subinJanuary 11, 2013 at 3:41 PM

    hi SR..holding airtel 340ce.can see bounceback?

    ReplyDelete
  33. UnknownJanuary 11, 2013 at 4:27 PM

    Sir now I am holding 1 lot of JAN 6100 CALL (Bought @ 41) and 1 FEB 6200 CALL shorted @ 52 . At what level I shall cover my FEB short .

    ReplyDelete
  34. UnknownJanuary 14, 2013 at 8:59 AM

    Sir can we buy larsen(LNT) 1400 put or 1450 put .

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    Replies
    1. UnknownJanuary 14, 2013 at 9:11 AM

      Hi Sonu, Don't enter LT put for now. Is finding good support near 1525-32.

      Delete
  35. UnknownJanuary 14, 2013 at 9:14 AM

    Ok Sir Thanks .

    ReplyDelete

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