Nifty Trades for 17/01/2013

Jan 17, 2013 9:00 AM
90 Comments
17/01/2013 09:00  Trend: Negative, SL: 6018
17/01/2013 09:25  SL Trailed: 6016
17/01/2013 09:40  SL Triggered, Trend: Positive, SL: 5994
17/01/2013 09:45  Intraday Call: Buy Nifty @ 6015, Target: 6047-49, SL: 6002
17/01/2013 11:45  SL Trailed: 6002
17/01/2013 12:35  SL Trailed: 6004
17/01/2013 13:25  SL Trailed: 6014
17/01/2013 14:05  Target Achieved. Book Profits in Intraday Call @ 6047
17/01/2013 14:10  SL Trailed: 6020
17/01/2013 14:40  SL Trailed: 6025


If you like this post, be sure to share it with your friends!
Its the best way to say a "Thank you"
  1. ShivJanuary 17, 2013 at 9:12 AM

    GM !! SR sir..

    ReplyDelete
  2. Mahender Reddy PulakandlaJanuary 17, 2013 at 9:18 AM

    Good Morning Sunil.
    Levels for Nifty pls .... pre open looks week.
    Intraday levels pls.

    ReplyDelete
  3. rameshbJanuary 17, 2013 at 9:53 AM

    GM SIR,
    is the nifty level for future or spot
    ramesh

    ReplyDelete
  4. rameshbJanuary 17, 2013 at 9:58 AM

    thanks SR SIR, entered the call in options. due to lack of margin money 6000 ce at 75

    ReplyDelete
  5. UnknownJanuary 17, 2013 at 10:06 AM

    Hi SR, Good Morning,
    Entered Nifty fut, optimistic approach

    ReplyDelete
  6. subinJanuary 17, 2013 at 10:24 AM

    HI SR GM, CAN I ENTER NIFTY 6100 CE NOW

    ReplyDelete
  7. subinJanuary 17, 2013 at 10:35 AM

    Sir holding hdfc 840ce @11.ur view on it?is it worth to hold some more time?

    ReplyDelete
  8. UnknownJanuary 17, 2013 at 11:02 AM

    gud morning SR . can i enter infy ce at cmp ?

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 11:23 AM

      Hi Ajaz, Not sure of entering ce at current levels. Has resistance near 2830-33

      Delete
  9. UnknownJanuary 17, 2013 at 11:16 AM

    Sir,
    after 6022, the resistances are 6036 & 6049?

    ReplyDelete
  10. RameshJanuary 17, 2013 at 11:52 AM

    Hi Sunil,

    Can I buy the 6100 ce now 6020 - 6025 levels

    ReplyDelete
  11. UnknownJanuary 17, 2013 at 12:08 PM

    Good Afternoon Sir, Can I go long in Banknifty? thanks...

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 12:21 PM

      Good Afternoon Arjun, Wait for now. Can enter once it breaks above 12720.

      Delete
    2. UnknownJanuary 17, 2013 at 12:35 PM

      Will do that Sir..

      Delete
    3. UnknownJanuary 17, 2013 at 1:28 PM

      Sir bank nifty has crossed 12720, can i enter now or wait?

      Delete
    4. UnknownJanuary 17, 2013 at 1:32 PM

      Its not yet crossed 12720 (spot)

      Delete
    5. UnknownJanuary 17, 2013 at 1:38 PM

      oh my apology thought it was in futures..thank u.

      Delete
    6. UnknownJanuary 17, 2013 at 1:52 PM

      No issues. Most Welcome.

      Delete
  12. Hamdan HarrisJanuary 17, 2013 at 12:43 PM

    hi sunilji
    can i buy LT at cmp?

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 1:29 PM

      Hi chippa, No. Looks weak but near support levels.

      Delete
  13. UnknownJanuary 17, 2013 at 1:18 PM

    Hi SR.. Good Afternoon...

    ReplyDelete
  14. Mahender Reddy PulakandlaJanuary 17, 2013 at 1:21 PM

    Huge Trades happened in NIFTY Jan Fut ... around 600K OI in 2mins chart.

    ReplyDelete
  15. UnknownJanuary 17, 2013 at 1:30 PM

    Sir holding 1 lot of 6100 call (bought @ 26.30) today . and also holding 2 lots of 6200 call (bought @ 12.85) . Please advice .

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 1:42 PM

      Hi Sonu, For intraday, book profits near target (or at your own perusal).

      Delete
  16. UnknownJanuary 17, 2013 at 1:34 PM

    Hi SR, Should we book full profit at 6045 or hold some for higher?

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 1:44 PM

      Hi Vibhor, Nifty may even test 6055 today. Book profits near target at your own perusal.

      Delete
    2. UnknownJanuary 17, 2013 at 1:47 PM

      Ok SR.. Thanks..

      Delete
    3. UnknownJanuary 17, 2013 at 1:52 PM

      Most Welcome.

      Delete
  17. RameshJanuary 17, 2013 at 1:36 PM

    thanks sunil, I made a profit of 1500 today :)

    ReplyDelete
  18. UnknownJanuary 17, 2013 at 2:14 PM

    Hello Sir,
    Booked profit Nifty fut 2 lots,
    waiting for op calls target 6088
    Thanks sir, all credit goes to you for your firm, confidence of optimistic approach only.

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 2:19 PM

      Hi Krishna, Most Welcome. Nice to know. If Nifty manages to close above 6047 today, will open upside upto 6130.

      Delete
  19. DilipJanuary 17, 2013 at 2:20 PM

    Hello Sunil,

    Can i hold it positionally for the target of 6088 or book it now.

    Thanks

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 2:26 PM

      Hi Dilip, You have many options.

      1. You may book part profits and hold rest for higher targets.
      2. You may keep a trailng SL at 6020 to lock your profits.
      3. You may buy a 6000PE to hedge your long position.

      Delete
  20. UnknownJanuary 17, 2013 at 2:27 PM

    So far EU markets are in positive trend, US Fut also corrected a lot & likely to open positive today.
    Will wait obviously for the targets.

    ReplyDelete
  21. UnknownJanuary 17, 2013 at 2:36 PM

    Thanks sir I booked profit in 6100 call at around 6042 and 6200 calls near 6046 .

    ReplyDelete
  22. UnknownJanuary 17, 2013 at 2:38 PM

    Sir can I short bank nifty 13000 call .

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 2:42 PM

      Hi Sonu, No. Markets overall bullish and if it breaks on the upside, It will give a major upside in coming months. Avoid shorting calls for now.

      Delete
  23. Chitrang DalalJanuary 17, 2013 at 2:40 PM

    Sir RIL hold or exit?

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 2:46 PM

      Hi D3@dY, If intraday, Book profits for now, strong resistance near 887-890.

      Delete
    2. Chitrang DalalJanuary 17, 2013 at 2:53 PM

      Sir Short term bought at 870. I asked because it is blocking huge capital.

      Delete
    3. UnknownJanuary 17, 2013 at 3:00 PM

      If Short term, hold it 3-4 days. Is likely to give a major breakout today.

      Delete
    4. UnknownJanuary 17, 2013 at 3:05 PM

      Targets of 911, 931 are likely.

      Delete
    5. Chitrang DalalJanuary 17, 2013 at 3:11 PM

      Thanks sirjee

      Delete
    6. Chitrang DalalJanuary 17, 2013 at 3:14 PM

      Also sirjee.... plz comment on short term bharti airtel?

      Delete
    7. UnknownJanuary 17, 2013 at 3:21 PM

      Can see 366 in short term.

      Delete
    8. Chitrang DalalJanuary 17, 2013 at 3:23 PM

      THanks a lot !

      Delete
  24. Hamdan HarrisJanuary 17, 2013 at 2:42 PM

    hi sunilji
    shorted LT@1530...do i book loss or hold?

    ReplyDelete
  25. tarunJanuary 17, 2013 at 2:50 PM

    hi SR,

    what is the crucial level for closing at 3 pm. does it look nifty may jump from 6035 to 6050 above again.

    thanks

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 3:02 PM

      Hi tarun, Crucial level would be 6047. Better still 6054. Not sure as yet.

      Delete
    2. tarunJanuary 17, 2013 at 3:29 PM

      thanks SR,

      Pls. start calls like nifty for Bank nifty also.

      thanks

      Delete
    3. UnknownJanuary 17, 2013 at 3:34 PM

      Hi Tarun, Most Welcome. Already have a plan to start Bank Nifty as well.

      Delete
    4. tarunJanuary 17, 2013 at 3:36 PM

      great.. you Rock.. :)

      Delete
  26. RameshJanuary 17, 2013 at 3:06 PM

    Hi Sunil, I have 4 lots of 6200 CE at 12.40 can I carry forward it to tomorrow or should i book it today

    Thanks

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 3:11 PM

      Hi Ramesh, When trading in options. One should book profits on every strong move. 80% of the time markets are sideways and options lose their value. Most of the times, one can re-enter the same options at a fraction of the price.

      Delete
    2. RameshJanuary 17, 2013 at 3:30 PM

      sure sunil, I will do that going forward. I booked at 12.15 for today.

      Thanks

      Delete
  27. Hamdan HarrisJanuary 17, 2013 at 3:08 PM

    exited LT shorts with a small profit..is there any more chance to short it again? pls advise

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 3:15 PM

      Hi chippa, First Rule: For intraday, go short when markets are weak and go long when markets are strong. For positional, reverse the first rule.

      Delete
    2. Hamdan HarrisJanuary 17, 2013 at 3:21 PM

      actually i took LT shorts for positional. But got nervous on its sudden surge. thnx for your advise sunilji..will try to follow the rule.

      Delete
    3. UnknownJanuary 17, 2013 at 3:31 PM

      Hi chippa, Most Welcome. Use these surges as entry points for trades.

      Delete
  28. Mahender Reddy PulakandlaJanuary 17, 2013 at 3:35 PM

    Sunil,

    That was very good Intraday Call.
    Good Job!

    Thank you again.
    We are looking forward to such good call on regular basis. :)

    Regards
    Mahy

    ReplyDelete
    Replies
    1. UnknownJanuary 17, 2013 at 4:27 PM

      Hi Mahy, Most Welcome and Thanks for your kind comments.

      Delete
  29. UnknownJanuary 17, 2013 at 5:26 PM

    Thanks a lot sir , I booked profit in 6100 call @ 6042 and 6200 calls near 6046 .

    ReplyDelete
  30. rameshbJanuary 17, 2013 at 6:49 PM

    thanks sir,
    recovered some lost money today.
    thanks for your correct guidance

    ReplyDelete

Subscribe to: Post Comments ( Atom )