Nifty Trades for 04/03/2013

82 Comments
04/03/2013 09:00  Trend: Positive, SL: 5698
04/03/2013 09:20  SL Triggered, Trend: Negative, SL: 5734
04/03/2013 09:40  SL Trailed: 5714


  1. Sir can we enter hedged position (Buy Nifty future and buy 5700 PUT ) @ opening .

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    Replies
    1. Hi Sonu, Wait till 9:30. If Nifty breaks below 5690, avoid it.

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  2. Sirji, by prfoession i am tester, if u need any help during the testing,please let me know...

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    Replies
    1. Hi anup, Thanks. Would sure let you know if I need help.

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  3. Good Morning Sir, When u said nifty break 5690 u mean futures or in spot?

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  4. Sir nifty is holding above 5690 , can we buy now .

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  5. GOOD MORNING SIR,
    holding OPT-NIFTY-28-Mar-2013-5700-PE. when to book it
    thanks

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  6. Sir, should we exit 5730+5700PE call now or wait?

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  7. thanks sir,
    i could not buy the 5730 ce on friday. can i buy now?

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  8. Sir can we buy nifty future now .

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  9. Replies
    1. Sunil,
      Whats your view on Markets with view of
      - Short Term
      - Mid Term

      It helps to play make decisions for positional calls

      Please share your thoughts

      Thanks
      Mahy

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    2. Good Morning Mahy. Waiting for today's close to see short term direction.

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  10. Hi Good Morning to all....can short or buy L&T in cash intraday.....:)

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    Replies
    1. Hi Ravi, Can short LT near 1374 with SL above 1389 for target of 1332.

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  11. Exit Nifty Futures @ 5700 and 5700PE @ 79

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  12. Hi Sunil,

    can i enter BhartiAirtel 320 CE for march expiry.where do you see airtel in a week or so.I m hoping it to reach 325+ is that target possible

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    Replies
    1. Hi Vikas, Go long on it only if it sustains above 319

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    2. Thanks Sir for your reply,As of now how does it look strong or weak

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    3. Hi Vikas, Overall looks weak but near strong support levels of 305

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  13. Short Nifty near 5689, SL: 5714, Target: 5639-35
    Trade in low qty.

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    Replies

    1. - Short Nifty Fut OR
      - Buy a PE (5600 or ATM)
      - SELL a CALL 5700 (ATM , which will have more Time Value).

      Maintain Strick Stoploss as mentioned by SUNIL (wrt spot levels)

      Thanks
      Mahy

      Delete
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  15. Good Morning Sirji!
    Can JPASSOCIAT be shorted at currrent level??

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    Replies
    1. My View :
      No Please, got good support around 70 levels.
      below 68/67 it is a good candidate for shorting.

      Sunil, please share your thoughts.

      Thanks
      Mahy

      Delete
  16. Hi Prams, Good Morning. Short only if it breaks below 69.

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  17. Hello SR, Can i enter ur short call now ?

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  18. Sir,
    GA, where do you see DLF (EOD)?

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    Replies
    1. GA sundar, Looks weak below 256.5, can test 251

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  19. sunil sir
    how are u ?
    CAN I SHORT MARUTI FUTURE AT 1400 DOR SOME 30 POINT DIP

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    Replies
    1. Hi Pravin. I'm doing good. Can short below 1405 keeping SL above 1421 for target of 1362

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    2. SUNIL SIR
      MCDOWELL-N TODAY DOWN 80 rS
      CAN ADD FOR UP SIDE
      MAY I BUY

      Delete
  20. SUNIL SIR
    MCDOWELL-N TODAY DOWN 80 rS
    CAN ADD FOR UP SIDE
    MAY I BUY

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  21. hi SR .., what is your view on BHEL ? CE can be enter?

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    Replies
    1. Hi Prajyot, Overall looks weak. Don't enter CE as yet.

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  22. Sir I have shorted Nifty Future @ 5700 (future) . Can we hold it till tomorrow .

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    Replies
    1. Hi Sonu, Yes, can hold for tomorrow, but would advise to hedge with 5700CE as markets are quite volatile.

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    2. Sir , Thanks I bought 5700 CE to hedge my nifty Futures Short .

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  23. Hi SR ..ur view on hdfc and hdfc bank?

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    Replies
    1. Hi subin both look weak. HDFC can be shorted below 772 and hdfc bank can be shorted below 624.

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  24. Good Afternoon Sir, is sl on the closing basis?

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  25. Sir,if SL is not taken away today,how is the market for tomorrow?

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    Replies
    1. Hi Krishna, Markets may remain volatile. If holding futures, hedge with 5700CE if holding for tomorrow.

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  26. Hi Sunil,

    Can i enter NHPC for a target of 25 by this expiry

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    Replies
    1. Hi Vikas,

      It is good long term bet.
      For short term mood of the market plays vital role. NHPC is very volatile at this moment. I would avoid it for short term.

      Playsafe.

      Thanks
      Mahy

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    2. Hi Vikas, Hope Mahy's reply helped.

      Delete