Nifty Trades for 30/01/2013

Jan 30, 2013 9:00 AM
74 Comments
30/01/2013 09:00  Trend: Negative, SL: 6073
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  1. UnknownJanuary 30, 2013 at 9:09 AM

    Good Morning Sir..

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    Replies
    1. UnknownJanuary 30, 2013 at 9:11 AM

      Good Morning arjun

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    2. UnknownJanuary 30, 2013 at 9:14 AM

      Sir,should i exit bhel or roll over to next contract?

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    3. UnknownJanuary 30, 2013 at 9:22 AM

      Exit BHEL if we fall below 222.5 on hourly closing.

      Delete
  2. Mahender Reddy PulakandlaJanuary 30, 2013 at 9:11 AM

    Good morning Sunil.

    Levels to watch on NIFTY pls

    Thanks
    Mahy

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    Replies
    1. UnknownJanuary 30, 2013 at 9:23 AM

      Good Morning Mahy, Support near 6046

      Delete
    2. Mahender Reddy PulakandlaJanuary 30, 2013 at 9:36 AM

      Thank you Sunil.

      Entered UCOBANK just now@76.75 for short term to mid term view.

      Seems to be little above its supports.

      What should be the logical stoploss and target.
      Please share your thoughts.

      Thanks
      Mahy

      Delete
    3. UnknownJanuary 30, 2013 at 9:41 AM

      Hi Mahy, Sorry, not sure about this scrip. Not tracking it online.

      Delete
    4. Mahender Reddy PulakandlaJanuary 30, 2013 at 9:41 AM

      Sunil,

      What are the chances of NIFTY touching 6200 in FEB series?

      Please share your thoughts.

      Thanks
      Mahy

      Delete
    5. Mahender Reddy PulakandlaJanuary 30, 2013 at 9:41 AM

      Not a problem Sunil.

      Delete
    6. Mahender Reddy PulakandlaJanuary 30, 2013 at 10:02 AM

      Sunil,

      Can we consider to enter LUPIN with mid term view?

      Please share your thoughts.

      Thanks
      Mahy

      Delete
    7. UnknownJanuary 30, 2013 at 10:12 AM

      Hi Mahy, Not sure as yet. Above 6130-33, 6200+ is likely. Lupin is a good mid term bet. Good support near 550, Can see 690-700.

      Delete
    8. Mahender Reddy PulakandlaJanuary 30, 2013 at 10:14 AM

      Thank you Sunil.

      Delete
    9. Mahender Reddy PulakandlaJanuary 30, 2013 at 10:19 AM

      Went long on LUPIN at 594. (buy and hold strategy, will buy on dips, since it is fundamentally good company)

      Delete
    10. Mahender Reddy PulakandlaJanuary 30, 2013 at 10:22 AM

      Sunil,

      What are the logical stoploss and target for TITAN please, Bought@267 yesterday.

      Thanks
      Mahy

      Delete
    11. UnknownJanuary 30, 2013 at 10:58 AM

      Titan has resistance near 275, breaking which can head ahead to 285, can hold with a Sl of 270.

      Delete
  3. sHasHiJanuary 30, 2013 at 9:11 AM

    Good Morning Sunil Sir..

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  4. ParitoshJanuary 30, 2013 at 9:27 AM

    Hey Sunil, Good Morning.... Holding 4 lots of 6000PE SHORT at 11.36, now trading around 6.25... Book Partial or Full or continue holding?

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    Replies
    1. UnknownJanuary 30, 2013 at 9:31 AM

      Hi Paritosh, Good Morning, Can hold it some more time.

      Delete
  5. ParitoshJanuary 30, 2013 at 9:36 AM

    Just Clarifying... Some more time today... right?

    Its expiry tomorrow... :)

    Looking to exit near zero

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    Replies
    1. UnknownJanuary 30, 2013 at 9:40 AM

      Yes, Hold for some more time. Exit at 0 would be perfect :)

      Delete
  6. sHasHiJanuary 30, 2013 at 9:48 AM

    Sunil Sir,
    Can you please share your views on HINDUNILVR..
    Holding 460 PE of the same in Feb series.

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    Replies
    1. UnknownJanuary 30, 2013 at 9:58 AM

      Hi shashi, Is seeing a pullback, looks strong above 478, Can test 490. May hold with a SL above 491

      Delete
    2. sHasHiJanuary 30, 2013 at 10:01 AM

      Ok..
      Thank you Sir.

      Delete
  7. Mahender Reddy PulakandlaJanuary 30, 2013 at 10:14 AM

    Folks,

    One can go long on "Crompton Greaves Limited" with short to mid term view. CMP : 105

    Trade in low quantity. (SL:102 on closing basis and Target: 110/120)

    Thanks
    Mahy

    ReplyDelete
  8. pradipJanuary 30, 2013 at 10:16 AM

    HI SUNIL,
    WHATS THE POSSIBILITY OF NIFTY TESTING 6130 LEVELS TODAY OR TOMORROW?

    ReplyDelete
    Replies
    1. UnknownJanuary 30, 2013 at 10:53 AM

      Hi pradip, If Nifty holds above 6046-48 levels today, can test 6130-33 in 1-2 days

      Delete
  9. Mahender Reddy PulakandlaJanuary 30, 2013 at 10:26 AM

    ASIA is green, EUROPE and US ended mostly in green.
    My view is :
    Momentum is up and 6130 got very tiny chance from current levels in 2 days.

    ReplyDelete
  10. ParitoshJanuary 30, 2013 at 10:29 AM

    Sunil, if Nifty breaks 6073 comprehensively, please advise which option to enter for longs...

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  11. UnknownJanuary 30, 2013 at 10:32 AM

    Sir At what level sbi can be entered?

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    Replies
    1. UnknownJanuary 30, 2013 at 10:55 AM

      Hi arjun, Can be entered in small qty with sl at 2448

      Delete
  12. SAIJanuary 30, 2013 at 11:03 AM

    Hi Sunilji Good Morning

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  13. tarunJanuary 30, 2013 at 11:58 AM

    hi SR,

    closing above 6048 at 12 pm good for bulls ??
    thanks

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    Replies
    1. UnknownJanuary 30, 2013 at 1:08 PM

      hi tarun, seems Nifty has taken support of 6046-48 levels, but confirmation to go long only after break above 6073

      Delete
  14. UnknownJanuary 30, 2013 at 12:03 PM

    Hi SR Good afternoon... your view on tata steel.. How did you calculate the support for Tata Steel(398)?

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    Replies
    1. UnknownJanuary 30, 2013 at 1:09 PM

      Hi Vibhor, Good Afternoon, Its seeing a pullback, overall weak below 414.

      Delete
  15. rameshbJanuary 30, 2013 at 12:06 PM

    GOOD MORNING SIR, OPT-STABAN-31-Jan-2013-2500-CE BOUGHT AT 25 NOW 4 WHAT TO DO, ANY CHANCES OF HEADING UP? OR LEAVE IT TILL EXPIRY

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  16. DAlertsJanuary 30, 2013 at 12:19 PM

    Hi Sunil,

    Please suggest some good technical setup to study intraday/positional charts with stoch/macd/ma/cci/rsi. Thanks.

    ReplyDelete
    Replies
    1. UnknownJanuary 30, 2013 at 1:16 PM

      Hi DAlerts, you may use Stoch, RSI and MACD with standard paramters.

      Delete
  17. sbrjJanuary 30, 2013 at 12:21 PM

    Hi Guruji.
    what happened to bhel?
    guess nifty is suffering with flu,malaria.
    give it a big jaadu ki jhappi for recovery :DD

    ReplyDelete
    Replies
    1. UnknownJanuary 30, 2013 at 1:21 PM

      Hi sbrj, Bhel has very strong support near 220-222 levels. If possible hold Bhel for some more time. Exit on bounce. Yes, Nifty is seeing selling pressure at higher levels. But overall undertone on Nifty is still positive.

      Delete
  18. UnknownJanuary 30, 2013 at 12:30 PM

    Expecting Recovery in the markets today...

    Having Power Problems ... Will be back soon.

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

    sir axis bank buy at 1498
    what will be its tgt ?

    ReplyDelete
  20. ParitoshJanuary 30, 2013 at 1:16 PM

    Great level prediction as always.. 6046 was a resistance... spot on...

    Please give ideal levels to enter longs now. Also, if possible, please suggest which option to enter...

    Thanks a lot for the analysis and sharing it.

    ReplyDelete
    Replies
    1. UnknownJanuary 30, 2013 at 1:28 PM

      Hi Paritosh, Most Welcome. Confirmation of bounce from support will only come after Nifty breaks above 6073. Enter longs only after Nifty confirms break above 6073.

      Delete
  21. tarunJanuary 30, 2013 at 1:46 PM

    Hi SR,

    Awesome levels prediction again support at 6046-48.. and i covered few shorts at this lvl.
    thanks

    ReplyDelete
  22. UnknownJanuary 30, 2013 at 1:55 PM

    Sir Can i go long in hul? if yes then what would be my sl?

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  23. sbrjJanuary 30, 2013 at 1:55 PM

    vl do as you said.
    many thanks.
    hoping for best recovery.

    ReplyDelete
  24. sbrjJanuary 30, 2013 at 2:03 PM

    excellent recovery.
    great prediction as always guruji.
    may i average calls in cmp?

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    Replies
    1. UnknownJanuary 30, 2013 at 2:21 PM

      Not yet, We can average after it breaks above 6073.

      Delete
  25. ParitoshJanuary 30, 2013 at 2:12 PM

    oops, before your advice i entered 6100 CE Long @ 6.2 (10 Lots)

    its now trading at 9...

    apologies for being greedy :(

    its a hold, right?

    ReplyDelete
  26. UnknownJanuary 30, 2013 at 2:35 PM

    HELLO SIR
    NIFTY BREAK 6073 AND MADE HIGH 6076
    CAN WE EXPECT NOW NIFTY ON HIGH SIDE

    ReplyDelete
    Replies
    1. ParitoshJanuary 30, 2013 at 2:46 PM

      Pravin, Nifty (Spot) never broke 6073 today. High made today is 6,071.95.

      Sunil's levels are as per spot price.

      Delete
    2. UnknownJanuary 30, 2013 at 2:58 PM

      All levels are spot levels. Moreover for a breakout to confirm, Spot must give a close above it at least on the 5-min bar.

      Delete
  27. ParitoshJanuary 30, 2013 at 2:45 PM

    Brother, I have exited all Jan positions as follows:

    6100 CE - 10 Lots - Bought@6.2 Sold@9 - 45% Profit
    6000 PE - 4 Lots - Sold@11.36 Bought@4 - 64% Profit

    Thanks for the support and advise... you rock

    ReplyDelete
  28. sHasHiJanuary 30, 2013 at 3:02 PM

    Sunil Sir,
    can I go for HDFC 660 call of Jan series?
    Whether it may go up tomorrow ?

    ReplyDelete
  29. sbrjJanuary 30, 2013 at 9:33 PM

    todays nifty close above 6050 is good for bulls?
    6100 pe have good buying interest means nifty fut end below 6100 tom?
    many thanks.
    goood night

    ReplyDelete

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