Nifty Trades for 15/01/2013

62 Comments
15/01/2013 09:00  Trend: Positive, SL: 6011
15/01/2013 09:20  SL Trailed: 6018
15/01/2013 14:10  SL Trailed: 6032
15/01/2013 14:20  SL Trailed: 6035
15/01/2013 14:40  SL Trailed: 6041
15/01/2013 14:55  SL Trailed: 6043


  1. Good Morning All ...

    Nifty hits Target 1 of 6039, Next Targets: 6088, 6134. Keep booking part profits at each levels.

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  2. Good morning SR, thanks for the information...

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  3. Good Morning Sunil.
    Happy Trading to you and ALL

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    Replies
    1. Good Morning Mahender, Thanks and same to you.

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  4. Hi SR, do you have any stock near breakout?

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  5. Do you think that after this rally, market will see a decent correction?

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  6. HI SR..holding airtel 340ce with profit now.today what level can see?hold or sell now

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  7. Hi SR, Good Morning
    the current level of 6030 is taking the strength to go higher?

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    Replies
    1. Hi Krishna, 6039 is a resistance. Nifty will take some time to break above it. Support: 5996

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    2. Now is the time to suppress the resistance

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  8. Hi Sunil,

    Can I enter JSWSteel near 850?

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  9. Hello Sunil,

    GM...holdin TCS 1400 call @20 can i see again tcs upto 1380-90 levels today?

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    Replies
    1. GM, If TCS holds onto support at 1355, can retest 1385-89 levels.

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  10. Replies
    1. GM Amit, Has Resistance near 1580. Let wait for a breakout above it for now.

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    2. Looks good above 114.5, can test 118, support at 113

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  11. Sir can we buy L&T 1450 PUT at around 2.70 .

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    Replies
    1. Hi Sonu, No, May go long on it if it breaks above 1580.

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  12. Sir can we buy 3 lots of 6200 Calls .

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    Replies
    1. Buy on dips near 6018-20 keeping SL at 5996 (Hourly closing).

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  13. Hi SR, nifty is trying to break the resistance 6039..

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    Replies
    1. Hi Vibhor, Nifty likely to show a dip or some consolidation before break above 6039.

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  14. 3rd attempt to break 6039 also in vain

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    Replies
    1. Hi Krishna, Nifty likely to show a dip or some consolidation before break above 6039.

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  15. SR, Can we add huge quantity of 6100 call this time...?

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    Replies
    1. Hi Vibhor, Can enter on dips. But never enter into options in huge quantity. Ideally, your trading on options should not exceed 5% of your total capital.

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  16. Good Afternoon Sir, can ril 880 ce jan can be entered?

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    Replies
    1. Hi Arjun, Not yet. Looks weak below 845.

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    2. Thank u Sir..is there any opportunity on any segment?

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    3. Most Welcome. As of now, telecom, real estate and Oil marketing companies look good technically.

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  17. Sunilji..GA
    what do you say about Sunpharma? can i enter it at cmp?

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  18. Replies
    1. Hi Sonu, Yes, in small qty. with sl at 5996 (hourly closing)

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  19. Break of 6039 is depended on EU market, the trend of which negative now

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    Replies
    1. Thanks, can we get around 6088 today for part profit booking

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    2. Most Welcome. Not sure of 6088 today but can test 6065-69

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  20. Replies
    1. Most Welcome. SBIN is near support levels. Enter after it bounces above 2509.

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  21. Intraday Traders may book profit in Nifty near 6065-69 ...

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  22. Sir I am holding 3 lots of 6200 calls (bought @ 12.85) , at what level I shall book profit or continue to hold for higher targets .

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    Replies
    1. Hi Sonu, When trading in options, best is to book profits when the move is strong. Book part profits on every rise. Can always re-enter at lower levels.

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  23. so far a clear positive trend in EU market,
    can the Nifty be closed above 6060+

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    Replies
    1. hmmm ... Nifty unlikely to close above 6060, but a close above 6050 is confirmed and definitely a good close.

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    2. Next 6088 is an easy target for Nifty closed above 6056

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  24. Thanks a lot Sir , I booked profit @ 19.10 in 1 lot out of 3 lots . Still holding 2 lots (@ 12.85).

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