Nifty Trades for 24/01/2013

137 Comments
24/01/2013 09:00  Trend Positive, SL: 6038
24/01/2013 09:35  SL Triggered, Trend: Negative, SL:6061
24/01/2013 10:00  Sell Level: 6048, Target: 6011-6008, SL: 6061
24/01/2013 10:20  SL Trailed: 6036
24/01/2013 14:00  SL Triggered, Trend: Positive, SL: 6011
24/01/2013 14:05  SL Trailed: 6018
24/01/2013 15:00  SL Triggered, Trend: Negative, SL: 6042
24/01/2013 15:20  SL Trailed: 6041


  1. Good Morning Sunil.

    Levels for NIFTY today please.

    Thanks
    Mahy

    ReplyDelete
  2. Hi All,
    Good morning and Happy profitable trading!

    ReplyDelete
  3. Sir holding 2 lots of 6300 FEB call (@ 25.75) , can I add 2 more lots at these levels .

    ReplyDelete
    Replies
    1. Dont add more for now. Lets wait for confirmation.

      Delete
  4. hi,SR gud morning.can i enter nifty ce ?

    ReplyDelete
    Replies
    1. Hi Ajaz, Good Morning. Not Yet. Lets Wait for confirmation.

      Delete
  5. Hi Sunil,

    Can I enter 6100 ce Jan now?

    Thanks
    Ramesh G

    ReplyDelete
    Replies
    1. Hi Ramesh, Not Yet. Lets wait or confirmation.

      Delete
    2. Thanks Sunil, Pls let us know when to enter

      Delete
  6. Hi SR, Good morning, market is so volatile,
    final SL to be taken as 5991 ?

    ReplyDelete
    Replies
    1. Support near 6008-6010. Lets see if it holds.

      Delete
  7. Good morning sunilji,

    Is the over all trend is changed to negative? or shall i buy call (6100 CE) at 6008-11 levels

    ReplyDelete
    Replies
    1. Hi Neelima, Its a high risk trade. May go for it with 6008 itself as SL

      Delete
  8. Hi Sunilji,

    What are your view on TCS and Reliance for today as well as for this month expiry

    ReplyDelete
  9. Hi SR, if nifty break 6008 level then will the trend tend to negative?

    ReplyDelete
    Replies
    1. Hi Vibhor, Short term trend will change to negative below 6008 (closing basis). Max SL would be 5991.

      Delete
    2. that means market wont go below 5991 before this expiry?

      Delete
    3. I doubt market to close below 6008 this expiry.

      Delete
  10. Sir holding 2 lots of feb 6300 call , can I add 2 more at these levels now .

    ReplyDelete
    Replies
    1. Its a high risk trade. But can try keeping 6008 itself as SL.

      Delete
  11. If 6008 is breached , I need to exit from my existing 2 lots of FEB 6300 call .

    ReplyDelete
    Replies
    1. If we close below 6008, exit all calls on next rise.

      Delete
  12. Sir Also holding SBI 2600 call (Bought @ 18) . I need to exit this as well if we close below 6008 .

    ReplyDelete
  13. Awesome Sell Call Sunil.
    Great Going.
    Wish I had taken that call :)
    I've seen that sell call now.

    ReplyDelete
  14. Max OI of Nifty Puts shifts from 6000PE to 5900PE. Take caution on all longs.

    ReplyDelete
  15. Thanks,
    Booked profit Nifty sell call 24 points,

    ReplyDelete
  16. Replies
    1. Yes, Bhel is still a hold. Its holding well to supports.

      Delete
  17. Sunil,

    I've subscribed to the this page "..24012013..", I get notified when a new comment is posted.

    But I didn't get your update
    "24/01/2013 10:00 Sell Level: 6048, Target: 6011-6008, SL: 6061", (because it is not comment). Can we change something so that these changes are also sent to email.

    Please also add such call in comments when you update there. That will be handy for ppl like me. So that I get notified immediately. And can take a trade if needed.

    Hope you got my concern.

    Thanks
    Mahy

    ReplyDelete
    Replies
    1. Hi Mahy, Thanks for this information. From now on, I will post major updates as comments as well.

      Delete
    2. Hi Sunil/Mahender,

      Sorry for this late comment. Even my subscription to this page is not working.

      Is there any way I can get real-time alerts as email in my mailbox, for any updates in this website?

      Delete
  18. Sir can I buy BHEL 240 Call now .

    ReplyDelete
    Replies
    1. if you go for a buy ... go with Feb Series Please.

      Delete
    2. Hi Sonu, Yes, can buy near 228.5

      Delete
    3. And yes, go with Feb series as pointed out by Mahy.

      Delete
  19. Sir,want confirmation for buying 6000CE JAN

    ReplyDelete
    Replies
    1. Hi Krishna, Its a high risk trade. Can enter it near 6010. Confirmation will only come after Nifty bounces back above 6036-37.

      Delete
  20. Sir, in that case can i enter 6100CE at 6010 small qty keeping 5991 as SL?

    ReplyDelete
    Replies
    1. OI in 6200CE is 96 lacs, maxm

      Delete
    2. Yes, That's the only reason to believe a bounce back to 6164-6175 levels this expiry.

      Delete
  21. Sir I am stuck with sbin jan2600ce..what should be my idle sl and target?

    ReplyDelete
    Replies
    1. Both Nifty and SBI are near major support levels. If these levels are held, can see a bounce back. Keep SL at 2053 (hourly closing) on SBI

      Delete
    2. Sorry, typo error 2453 (hourly closing)

      Delete
    3. Sir will it be possible for you to notify me regarding sbin? i do not have access to the charts.

      Delete
    4. Hi Arjun, Intraday data feed failure from Google. As such, won't be able to notify.

      Delete
    5. No issues sir.. Appreciate your efforts..

      Delete
  22. Sir you mean , SBI sl is 2453 (hourly closing) .

    ReplyDelete
  23. Sir can I short Bank Nifty JAN 12800 call now.

    ReplyDelete
    Replies
    1. Hi Sonu, Not able to track it due to intraday datafeed failure from Google.

      Delete
  24. G A SIR, Sbi is 2450. should i quit the call

    ReplyDelete
    Replies
    1. Good Afternoon ramesh, Hold it with 2453 (hourly closing). Not able to monitor due to intraday datafeed failure from Google.

      Delete
    2. sbi dropped to 2447 at 11.47 and is 2552 at 12.50 as per rediffmonet

      Delete
    3. sorry sir, sbi was 2452 at 12.52.

      Delete
  25. HI Sunil , does NEST Trader takes time to login?

    ReplyDelete
  26. Will be back after 30-mins. Hope Google datafeed is up by then....

    ReplyDelete
  27. can i average long positions of nifty?
    mahabharath is going on nseguide.com
    check out.

    ReplyDelete
    Replies
    1. Hi sbrj, Don't average as yet.
      Mahabharath is better enjoyed between bulls and bears. :)

      Delete
  28. Max OI of Nifty Puts shifts from 6000PE to 5900PE and now to 5800PE. India VIX is up 5%. Take caution on all longs. We are likely to see major swings in the coming week of expiry if these stats sustain on closing basis.

    ReplyDelete
  29. Hey Sunil, GA... Holding 6100 CE @16, Book or hold?

    ReplyDelete
    Replies
    1. Hi Paritosh, Hold for now with SL at 6010 (closing basis). If we see a major bounce, can head upto 6164. So you may expect 6100CE near 75+ before expiry

      Delete
  30. Sir now I am holding as below :-
    Nifty FEB 6300 call - 1 lot (Bought @ 25.75) , Nifty JAN 6000 PUT - 1 lot (BOught @ 33.75), SBI 2600 Call (Bought @ 18) . What should I keep and what should I exit . Also shorted Bank Nifty 12800 call @ 69 and shorted Bank Nifty 12400 put @ 57 . Please advice .

    ReplyDelete
  31. yes sir :D
    should i continue to hold nifty longs till expiry and i have 1000% faith in your prediction? thanks.

    ReplyDelete
    Replies
    1. Hold for now, as Nifty managed to break above 6036-37

      Delete
  32. hi sunil ji,
    weekly chart of tatamotors shows a support near 290 levels ..can we buy 300CE @ Current market price of tatamotors of Jan expiry ?wat r ur views

    ReplyDelete
    Replies
    1. Hi pradip, Unable to check charts as Google datafeed is currently down.

      Delete
  33. hi sunil ,
    any trade that can be initiated now ?for current expiry

    ReplyDelete
  34. Sir shall I exit nifty 6000 put now , as it has broken 6037 .

    ReplyDelete
    Replies
    1. Wait for another 10-15 mins, If 6036 is held, exit put, we may re-enter it if needed.

      Delete
  35. wow... 75?? that gives me goosebumps

    anyways, i am sitting on a 31% profit which is not bad either :)

    Will appreciate if you can update what levels should i look at during 3:20 to make a decision?

    ReplyDelete
    Replies
    1. Hi Paritosh, As my charts are not working due to failure of datafeed from google, I cannot give give exact levels. But breaking above 6036 looks good and can head upto 6069-72.

      Delete
    2. Thanks a lot buddy, just wanna add that when it comes to giving levels (SL, Targets etc), no one can beat you... hands down...

      Delete
    3. Most Welcome and Thanks for your kind comments.

      Delete
  36. Sir can I exit 6000 Jan put now .

    ReplyDelete
    Replies
    1. Hi Sonu, yes, exit from it on any dips in Nifty.

      Delete
  37. hi sunil., CE6200 is around 5 now ...upto wat levels it can go max?

    ReplyDelete
    Replies
    1. Hi pradip, Avoid it. Likely to expire worthless.

      Delete
  38. Sirjee
    Can I go long in nifty now?

    ReplyDelete
    Replies
    1. Can be a very risk trade. keep SL at 6010 (closing basis)

      Delete
  39. Hi SR, why BHEL is not breaking 232?

    ReplyDelete
    Replies
    1. 232 is top of the flag. Should breakout once markets turn positive.

      Delete
  40. Pt. to note Nifty Fut < Nifty spot, bad indication, at discount

    ReplyDelete
  41. hi sunil , can i go for tatamotors call?

    ReplyDelete
  42. Sunil,

    Can we exit our longs or hold?
    if hold suggest the SL please.

    Thanks
    Mahy

    ReplyDelete
    Replies
    1. Hold with SL of 6010 (hourly closing) till tomorrow.

      Delete
    2. Thanks Sunil.
      Please update us when it breaks, will be handy if we did not notice and to the unaware of people to exit their longs on NIFTY.

      have a nice evening.

      Delete
    3. Most Welcome. Will surely do it as it will mean a major breakdown. Thanks and have a great evening you too.

      Delete
  43. close above 6010 is good?
    any chance of gap up opening tomorow without giving chance to intra traders?
    thanks

    ReplyDelete
    Replies
    1. 6010 has been held good. May see a bounce if its not broken tomorrow. Gap-up would depend on how global cues react later tonight and tomorrow morning.

      Delete
  44. Sunilji,

    Since the mid cap stocks like HDIL,IVRCL are hammered more than 20% and other stocks are down more than 5%, can we see smiler scenario tomorrow too..or in large cap stocks tomorrow.Will that make nifty into more pressure?.

    Also OI is shifted to 5800 from 5900, does it means that we can see more down site on nifty?.

    I was planned to take 6100 CE at the end of today's secession ( as it was holding above 6008 on nifty)and due these kind of selling pressure, i avoided it. Do you suggest to buy call now?

    Also can you please suggest how to find the target of a stock/option indicators and where the details available in the net?

    Thanks for the support

    ReplyDelete
    Replies
    1. Hi Neelima, As long as Nifty holds onto 6010, we are good. If broken, 5991, 5976 will act as next major supports. Can expect major downside only below 5976.

      Options are supposed to be bought in such cases. If we bounce back tomorrow, your call will multiply many times and if we break the support tomorrow, we can exit with minimum loss.

      You may find option calculators on the net. You may google for them.

      Delete
  45. hi SR..entered in LT 1650 ce@9.not moving premium even stock rise 2%.what level can see 2marrow?

    ReplyDelete
    Replies
    1. Hi subin, Will reply to your query later in the evening after google datafeed is restored.

      Delete
    2. Hi subin, Hold it with SL of 1570. Looks good to add some more gains today above 1584. Can see 1640 above 1595.

      Delete
  46. Max OI in both 6100 & 6200CEs are increased today traded with 22k crs & 8k crs respectively.
    Can we get a clear picture tomorrow whether moving towards North or South?

    ReplyDelete
    Replies
    1. Hi Krishna, We should likely get a clear picture tomorrow.

      Delete
  47. good news is europe markets are doing well,so dow futures..
    tomorrow is holiday or working day for markets?
    Many thanks.

    ReplyDelete
    Replies
    1. Most Welcome. Tomorrow is a working day. Its a holiday only for currency derivatives. You may use the NSE holiday list link given on the right panel on our site as a ready reckoner.

      Delete
  48. Sir I am holding Bank nifty JAN 12800 call short (sold @ 69) and Bank nifty JAN 12400 put short (sold @ 57) . Is it safe to hold both till expiry .

    ReplyDelete
    Replies
    1. Hi Sonu, Will let you know about it tomorrow.

      Delete
  49. heyy.. sunil ji.. one doubt

    whts contract note charges in zerodha.. i didn't get that..

    ReplyDelete
    Replies
    1. Hey Doc! You mean stamp duty charges? Its 0.01% of the traded value to a max of Rs.50 per contract note.

      Delete
    2. hmm .. bit confusion in that.. mailed them. letc

      Delete
  50. this is sreejith.. and this is my another google id :))

    ReplyDelete
  51. Replies
    1. Hi sbrj,

      Yes, I lost a huge amount on calls given by some so-called experts in the last 3 years.
      Finally,I have found out the real ones.
      Nowadays, I will trade only on calls provided by 3 experts.
      Sunilji,Robotguy and Priyanka.
      Today, I made a profit of 5k from Sunilji's Nifty sell call in the morning.
      3k each from Robotguy's and Priyanka's calls.
      Calls given by these 3 experts hit stop loss very rarely only.

      I have almost recovered my losses with the help of them.

      Delete
    2. k.I never believe in others,trust only SR. He is big daddy of all the experts along with cnbc ones. SR dont tell blindly like others,he explains the reason behind it.Only trust in SR and AK Sunil kumar, optionwinners.blog if you really want to earn serious money.dont ever believe in others.

      Delete
    3. Hi Ram alias Priyanka..please.post your calls here.

      Delete
    4. Hi sbrj,

      ha ha ha....

      I am an ordinary trader,not capable of giving any calls.

      I am neither Priyanka nor Robotguy.

      Delete