Nifty Trades for 28/01/2013

65 Comments
28/01/2013 09:00  Trend: Positive, SL: 6051


  1. Good Morning Sunil.

    What's ur call on Nifty Short Call + PUT position that we entered on Friday, Same SL 64.5? Any update on that.

    Please share your thoughts.

    Thanks
    Mahy

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    Replies
    1. With RBI policy meet tomorrow, would like to keep positions light. As of now, we will hold with same SL and exit if breached.

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    2. Okay Thank you Sunil.
      Any stocks suggestions for Long term holding pls?

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    3. Most Welcome Mahy, Lets wait for a correction to enter long term picks.

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    4. Nifty shorts 88 went to 97 now, IV is going up. :)

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    5. SL hit on NIFTY Short CALL, now trading at 66.
      Will square of the trade.

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    6. Yes, square off for now. IV likely to go up higher till before RBI policy outcome tomorrow.

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  2. hi guruji,
    can i buy nifty feb 6200 calls now?

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    Replies
    1. Hi sbrj, Wait for next call after break above 6102.

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  3. SL Triggered in Option Writing Strategy of Nifty on Nifty 6200CE and 5900PE of Feb series. Exit pair at cmp.

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  4. good morning..can i enter maruti 1650 ce jan series for intraday gain?

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    Replies
    1. Hi subin, Good Morning. Can enter on dips near 1610, can test 1640.

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  5. huge open interest in 5800,5900,6000 puts. what this indicates?market will fall?

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    Replies
    1. Hi sbrj, Huge open interest in puts indicates good supports at those levels.

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    2. ok thanks sir. any script wise to enter for intra day?

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    3. Most Welcome. No new call as yet.

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  6. Good Morning Sir
    Kindly update nifty calls, if any ..

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  7. how is infy.it is near day high

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    Replies
    1. infy has very strong res near 2827-30 levels. If broken can head to 2900. Enter only if it sustains above 2830.

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  8. Hi SR, Good morning,
    Whether Nifty be able to cross 6102 today?

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  9. GOOD MORNING SIR, holding OPT-HDFC-31-Jan-2013-860-CE at 9 andOPT-MAHMAH-31-Jan-2013-900-CE at 5.5, pl guide.

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    Replies
    1. Good Morning ramesh, exit hdfc on any rise. m&m has resistance near 920-21. Book near that.

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  10. Sir SBI 2600 call (bought @ 18 ) , now it's around 20.40 . Shall I keep some trailing SL and hold or exit cost to cost .

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    Replies
    1. Hi Sonu, SBI can see 2552 above 2530. may hold it with a sl of 2508.

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  11. HI SUNIL,CAN WE BUY PE 6000 current expiry for intraday gains? at current market price

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    Replies
    1. No, if we get any dips, use it to go long. Shorts (if any) only below 6050.

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  12. may i buy nifty long if falls to 6060?many thanks guruji

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  13. Sir which call we can buy JAN series or Feb Series and which strike rate .

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  14. tats y i call you guruji.
    excellent prediction,.no words to say.

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  15. sunilji,

    Can i go with axis 1500 jan CE?

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    Replies
    1. Hi neelima, Enter after it breaks above 1430. Can head to 1455 beyond that.

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  16. Sir, Is RBI policy meet already factored in in the market or not?

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    Replies
    1. 0.25% rate cut is factored in. Higher than that or extra CRR cut may be favoured by the market.

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    2. Do you think the market may rally tomorrow?

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    3. Markets may likely make a major move either northwards or southwards tomorrow.

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  17. GOOD AFTERNOON SIR, CAN I OPT FOR LT 1650CE NOW?

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    Replies
    1. Good Afternoon arjun, enter LT after it breaks above 1612

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  18. Sunil, How can I check VI at any time?

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    Replies
    1. Hi Paritosh, Can be checked on your trading terminal or on nseindia.com

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  19. Replies
    1. Hi Ajaz, looks good, can enter on dips near 263-264 for targets of 272 levels. Good support near 262.

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  20. can i roll over my nifty long position till expiry?

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    Replies
    1. Can take a decision after RBI results tomorrow.

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  21. ok guruji.
    market stays still bt all nifty calls near highs,increased 20,25%.this indicates tomorrow is gapup opening? 6300 call has high buying.what does it mean?many thanks guruji.

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    Replies
    1. hi sbrj, options and futures trading at a higher premium indicates buying at higher levels. Gap-up or gap down opening depends on global cues.

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  22. Hold earlier call in Nifty till tomorrow.

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  23. Sir I am holding Bank Nifty JAN 12800 call @ 152 and Nifty FEB 6300 calls (2 lots) and also 1 lot of Nifty JAN 6000 PUT . Can we hold these till JAN expiry .

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    Replies
    1. Hi Sonu, Bank Nifty has resistance near 12820, breaking above which can see 12890, 12960. Hold with SL at 12740. Hold Nifty calls with SL at 6050, can see 6102, 6133. Exit Jan 6000PE.

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  24. hi sirji.
    how vl be tomors opening?

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    Replies
    1. As of now, seems to be a flat opening tomorrow.

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