Nifty Trades for 14/02/2013

Feb 14, 2013 9:00 AM
130 Comments
14/02/2013 09:00  Trend: Negative, SL: 5949
14/02/2013 10:35  SL Trailed: 5947
14/02/2013 10:50  SL Trailed: 5942
14/02/2013 12:30  SL Trailed: 5932
14/02/2013 14:45  SL Trailed: 5912


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  1. Mahender Reddy PulakandlaFebruary 14, 2013 at 9:30 AM

    Good Morning Sunil.

    ReplyDelete
  2. MaheshFebruary 14, 2013 at 9:31 AM

    Hai Sunil Ji... Good Morning...

    ReplyDelete
  3. sHasHiFebruary 14, 2013 at 9:31 AM

    Good Morning Sir,,

    ReplyDelete
  4. UnknownFebruary 14, 2013 at 9:33 AM

    Good Morning SR...

    ReplyDelete
  5. Mahender Reddy PulakandlaFebruary 14, 2013 at 9:34 AM

    IndusInd, NMDC to replace Wipro, Siemens in Nifty from Apr 1st 2013 onwards

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 9:40 AM

      Thanks for the info Mahy.

      Delete
    2. Mahender Reddy PulakandlaFebruary 14, 2013 at 9:50 AM

      After this change Bank Weight-age on NIFTY will be "28.9%"

      Most welcome.

      Delete
  6. UnknownFebruary 14, 2013 at 9:36 AM

    Sir can we buy Nifty now .

    ReplyDelete
  7. UnknownFebruary 14, 2013 at 9:39 AM

    Good Morning Sonu.

    ReplyDelete
  8. UnknownFebruary 14, 2013 at 9:42 AM

    Hi SR, Good morning
    Happy Valentine’s Day to All

    ReplyDelete
  9. raviiFebruary 14, 2013 at 9:46 AM

    Hello Sunil,

    Good Morning..

    ReplyDelete
  10. UnknownFebruary 14, 2013 at 9:58 AM

    Sir can we buy 5900 PUT .

    ReplyDelete
  11. UnknownFebruary 14, 2013 at 10:11 AM

    good morning SR... can enter coal india long........?

    ReplyDelete
  12. tarunFebruary 14, 2013 at 10:16 AM

    hi SR,

    GM
    any need to cover nifty shorts or hold with 5949 sl
    thanks

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 10:27 AM

      Hi tarun, Good Morning, Hold with sl of 5949, If we break below 5923, can test 5906, may even test 5898.

      Delete
    2. tarunFebruary 14, 2013 at 10:56 AM

      cool, tested 5912

      Delete
    3. UnknownFebruary 14, 2013 at 10:58 AM

      :)

      Delete
  13. UnknownFebruary 14, 2013 at 10:21 AM

    Hi SR, Can i short yes bank today?

    ReplyDelete
  14. UnknownFebruary 14, 2013 at 10:32 AM

    Sir can we buy Kotak Bank 660 PUT .

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 10:43 AM

      Hi Sonu, Can enter on rise near 674 with SL above 680 for target of 656

      Delete
  15. UnknownFebruary 14, 2013 at 10:54 AM

    Goodmorning,

    Can i buy 6000CE @ 5898?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 10:59 AM

      Good Morning neelima, No, can enter if we bounce back from 5904-06 levels

      Delete
  16. UnknownFebruary 14, 2013 at 11:05 AM

    Sir,
    Where we can see relinfra & dlf.

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 11:10 AM

      Hi Sundaresh, Dlf can see 251, Relinfra can see 460

      Delete
  17. UnknownFebruary 14, 2013 at 11:05 AM

    Goodmorning,

    Can i buy 6000CE @ 5898?

    ReplyDelete
  18. UnknownFebruary 14, 2013 at 11:13 AM

    Thanks Sir.

    ReplyDelete
  19. UnknownFebruary 14, 2013 at 11:34 AM

    Inflation @ 6.62% vs 7.18% MoM at 3 years low.....

    ReplyDelete
  20. UnknownFebruary 14, 2013 at 11:39 AM

    Good Morning Sir, Can i go short on tcs?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 11:45 AM

      Good Morning arjun, NEVER even think to go short on a stock at lifetime highs.

      Delete
    2. UnknownFebruary 14, 2013 at 11:57 AM

      Thank u Sir for the insight would remember it..

      Delete
  21. Mahender Reddy PulakandlaFebruary 14, 2013 at 12:07 PM

    Sunil,

    Can we enter JPASSOCIAT at current levels (around 70) for mid-term/Long view? for targets of 100+

    Please share your thoughts. (Provide StopLoss/Target)

    Thanks
    Mahy

    ReplyDelete
  22. UnknownFebruary 14, 2013 at 12:08 PM

    Hi sunil sir.. Can i go short for reliance capital?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 12:34 PM

      Hi Vibhor, Already declined a lot. Could be risky at these levels.

      Delete
    2. UnknownFebruary 14, 2013 at 12:35 PM

      ok.. Where is the next support of reliance capital now?

      Delete
    3. UnknownFebruary 14, 2013 at 12:38 PM

      near 399

      Delete
    4. UnknownFebruary 14, 2013 at 12:40 PM

      ok.. Sir, is there any chance for short covering from here in it?

      Delete
    5. UnknownFebruary 14, 2013 at 12:42 PM

      Its quite possible, but not sure as yet.

      Delete
    6. UnknownFebruary 14, 2013 at 12:43 PM

      ok SR.. Thanks..

      Delete
  23. RadhakrishnanFebruary 14, 2013 at 12:33 PM

    Hi SR,
    Can I enter 6100 CE? thanks

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 12:35 PM

      It may be risky. But nifty near good support levels and may see a bounce. If you enter keep strict sl at 5906 (hourly closing)

      Delete
    2. tarunFebruary 14, 2013 at 12:40 PM

      hi SR,
      if nifty closes below 5906 at 1 or 2 pm, can we se 5880, 5850

      Delete
    3. UnknownFebruary 14, 2013 at 12:41 PM

      Hi Tarun, Yes, In that case can head lower to 5885, 5839 levels.

      Delete
  24. sbrjFebruary 14, 2013 at 12:34 PM

    gm sirji
    which one to buy call or put?
    many thanks

    ReplyDelete
  25. tarunFebruary 14, 2013 at 12:46 PM

    SBI recovered like anything
    2185 to 2250

    ReplyDelete
  26. UnknownFebruary 14, 2013 at 12:49 PM

    Sir I am holding 3 lots of 5900 PUTs (@ 52 each) , 13 lots of 6100 calls (@ 21 each) and SBI 2400 Calls (@ 42) . Please advice .

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 12:54 PM

      Hi Sonu, Book profits in PE near 5906.

      Delete
    2. Mahender Reddy PulakandlaFebruary 14, 2013 at 12:58 PM

      SBI results today, Play carefully with SBI.
      SBI FEB 2400CE is now trading@9, U should have square it off earlier.
      reason for such drop would be in short time : "Drop of implied volatility" and stock moving against you too also.

      Good Luck

      Delete
    3. Mahender Reddy PulakandlaFebruary 14, 2013 at 1:04 PM

      SBI Update : http://www.moneycontrol.com/news/results/sbi-q3-disappoints-net4-to-rs-3396-crprovisions_824450.html

      Delete
    4. Mahender Reddy PulakandlaFebruary 14, 2013 at 1:24 PM

      Trade value of SBI shares today so far on nse : 99,000 Lakhs
      Wow ... what a liquidity...
      Lots of shares hand changed .. due to results

      Delete
  27. UnknownFebruary 14, 2013 at 1:23 PM

    Thanks a lot sir , I booked profit in 5900 PUTs near 5910 . Now can I buy some more 6100 calls and exit SBI 2400 call .

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 1:33 PM

      Most Welcome. Don't add any more calls. Exit calls on next rise.

      Delete
    2. UnknownFebruary 14, 2013 at 1:43 PM

      Ok Sir , Thanks a lot .

      Delete
  28. Mahender Reddy PulakandlaFebruary 14, 2013 at 1:27 PM

    Sunil,

    What is the next major support levels for Ranbaxy (CMP:412)

    Thanks
    Mahy

    ReplyDelete
  29. UnknownFebruary 14, 2013 at 1:46 PM

    Sir, whether a positive movement is expected from this level?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 1:48 PM

      Strong support at 5904-06, if held, we can see a short term trend reversal

      Delete
    2. UnknownFebruary 14, 2013 at 2:04 PM

      At this level you are expecting Nifty to come down to 5904-06 or ready to break 5932 level?

      Delete
    3. UnknownFebruary 14, 2013 at 2:05 PM

      Well, its too small a range to comment on. Let's see.

      Delete
    4. UnknownFebruary 14, 2013 at 2:15 PM

      Inflation numbers are lower. This gives way for RBI to cut intt. rates further. As such a short term bounce is quite possible. Lets see how Nifty shapes up in the coming days. Max OI still sustaining on 5900PE suggests good support at these levels.

      Delete
    5. Mahender Reddy PulakandlaFebruary 14, 2013 at 2:21 PM

      It seems likely then for short-term reversal.
      Thanks for the update Sunil.

      Delete
    6. UnknownFebruary 14, 2013 at 2:23 PM

      Thanks for your explanation. A bounce is expected no doubt but from which level, that's a millionaire question

      Delete
    7. UnknownFebruary 14, 2013 at 2:29 PM

      Most Welcome.

      Delete
  30. sbrjFebruary 14, 2013 at 1:55 PM

    i want to short icici.what is your suggestion sirji?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 2:09 PM

      Hi sbrj, can be shorted near 1131 levels with sl at 1141 for target of 1100.

      Wait for an hourly close below 1130 before entering trade.

      Delete
  31. sbrjFebruary 14, 2013 at 2:13 PM

    thanks you so much sirji
    shorted 1 lot just now. what about market any downside left?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 2:18 PM

      Most Welcome. Oops, I meant to watch it for hourly close below 1130. If already shorted, hold it with same SL.
      We may see some more downside if 5904-06 is broken.

      Delete
    2. sbrjFebruary 14, 2013 at 2:28 PM

      ok sirji.i must control my hastiness. vl stick on strictly to sl.thanks again.

      Delete
    3. UnknownFebruary 14, 2013 at 2:30 PM

      No issues. :)

      Delete
  32. UnknownFebruary 14, 2013 at 2:27 PM

    Sir shall I exit SBI 2400 call or hold for some more time .

    ReplyDelete
  33. DilipFebruary 14, 2013 at 2:33 PM

    Hi Sunil.. Could i still hold 5900 CE.. Do we expect a bounce from these levels?

    ReplyDelete
  34. Mahender Reddy PulakandlaFebruary 14, 2013 at 2:36 PM

    SBI dragging the NIFTY further post results.

    ReplyDelete
    Replies
    1. Mahender Reddy PulakandlaFebruary 14, 2013 at 2:48 PM

      Nifty making consistently lower lows and lower highs( decent trendline can be drawn with lows)

      Delete
    2. UnknownFebruary 14, 2013 at 2:48 PM

      yes. :(

      Delete
  35. UnknownFebruary 14, 2013 at 2:43 PM

    Sir can we re-enter 5900 PUTs.

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 2:49 PM

      Not now. Already near strong supports of 5885.

      Delete
  36. sbrjFebruary 14, 2013 at 2:44 PM

    sirji, support broken in nifty.do you see further downside to 5800?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 2:50 PM

      If Nifty breaks 5885 (closing basis), then its possible.

      Delete
  37. UnknownFebruary 14, 2013 at 2:53 PM

    Those holding short strangle on Nifty of 6100CE and 5800PE may switch strangle to 6000CE and 5800PE with SL below 5885 (closing basis) and above 5977 (closing basis).

    Book profits in 6100CE near 8.5 and short 6000CE near 26. Hold 5800PE as it is.

    ReplyDelete
  38. sbrjFebruary 14, 2013 at 2:54 PM

    then can i buy some calls here?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 2:59 PM

      Could be risky, but may try it with strict sl of 5885 (closing basis)

      Delete
  39. Mahender Reddy PulakandlaFebruary 14, 2013 at 3:08 PM

    10% move In suzlon from -4% to +6% now.
    Very volatile stock :)

    ReplyDelete
  40. Mahender Reddy PulakandlaFebruary 14, 2013 at 3:12 PM

    Protect your 10Points In nifty at this level.

    ReplyDelete
  41. sHasHiFebruary 14, 2013 at 3:17 PM

    Sir
    Bought Relcapital 400 CE @ 18 & CMP is 14.50
    Please share your views on the same..

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 3:23 PM

      Hi shashi, Overall looks weak. Keep sl below 392.5

      Delete
    2. sHasHiFebruary 14, 2013 at 3:25 PM

      Oh OK, thank you sir
      Seems I am going to loose good amount of money :(, Also lost huge amount in PFC calls today..

      Delete
    3. UnknownFebruary 14, 2013 at 3:33 PM

      Most Welcome. Never try to catch a falling knife. Will Hurt bad most of the times.

      Delete
  42. ParitoshFebruary 14, 2013 at 3:26 PM

    Nifty is set to close near 5885, i am holding calls in loss... SL of 5885 is still intact, right?

    ReplyDelete
  43. UnknownFebruary 14, 2013 at 3:34 PM

    Sir, Nifty closed at 5896, what indicates, whether SL 5885 prevails?

    ReplyDelete
  44. sbrjFebruary 14, 2013 at 3:45 PM

    sirji, nifty close above 5885 indicates strong bounce in coming days?

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 4:22 PM

      Hi sbrj, Nifty sustained 5885 and as such we are still in the range of 5885-5977. As we are near lower end of the range, can expect an upmove from here.

      Delete
  45. PramsFebruary 14, 2013 at 4:46 PM

    Hi Sunil!
    Cool explanations.
    You r 2 good as far as levels go.
    can u gv me levels for ICICI BANK.I went long before closing :(

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 9:04 PM

      Hi Prams, Thanks. ICICI looks weak below 1130, hold it with SL below 1115, Resistance near 1141.

      Delete
    2. PramsFebruary 14, 2013 at 11:17 PM

      Thank you sirji!

      Delete
  46. raviiFebruary 14, 2013 at 5:05 PM

    Hello Sunil,

    Good Evening...

    Today i cameout from SBI calls with help of hedging puts (near 2240) and covered all..with 2k loss.

    again near 3:28 PM ...SBI 2300 call 2 lots grabbed near 2204

    Can i expect any bounce from here

    ReplyDelete
    Replies
    1. UnknownFebruary 14, 2013 at 9:11 PM

      Good Evening ravii, Overall looks weak. However support near 2190. Keep sl below 2190 (hourly closing).

      Delete
  47. sbrjFebruary 14, 2013 at 5:06 PM

    got the point
    many thanks sirji

    ReplyDelete
  48. raviiFebruary 14, 2013 at 5:08 PM

    Hello Mahi,

    Good Evening..

    ReplyDelete

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