Nifty Trades for 19/03/2013

Mar 19, 2013 9:00 AM
107 Comments
19/03/2013 09:00  Trend: Negative, SL: 5853
19/03/2013 11:05  SL Trailed: 5838
19/03/2013 11:25  SL Trailed: 5779
Intraday Analysis:
Buy above: 5860.90
Sell Below: 5839.00
If you like this post, be sure to share it with your friends!
Its the best way to say a "Thank you"
  1. sonu2938March 19, 2013 at 9:03 AM

    Good Morning Sir .

    ReplyDelete
  2. Auto ChannelsMarch 19, 2013 at 9:12 AM

    @sonu2938:disqus Good Morning.

    ReplyDelete
  3. ShashiMarch 19, 2013 at 9:13 AM

    GM Sunilji..

    ReplyDelete
  4. arjun pandaMarch 19, 2013 at 9:19 AM

    GM Sir, should i hold on to my icici shorts or should i exit?

    ReplyDelete
  5. Mahender ReddyMarch 19, 2013 at 9:31 AM

    Good morning Sunil/Everyone

    ReplyDelete
  6. Auto ChannelsMarch 19, 2013 at 9:33 AM

    @Shashi_Shetty:disqus Good Morning.

    ReplyDelete
  7. Mahender ReddyMarch 19, 2013 at 9:33 AM

    Markets in green coz of Rate Cut expectations :)

    ReplyDelete
  8. ShashiMarch 19, 2013 at 9:33 AM

    GM Mahy

    ReplyDelete
  9. Auto ChannelsMarch 19, 2013 at 9:35 AM

    @google-cc662d7e2bfbdeb06c24ce5f628cd561:disqus hedge with a CE for now.

    ReplyDelete
  10. Auto ChannelsMarch 19, 2013 at 9:35 AM

    @33f9459876e83384e3f9cce0819f1bb6:disqus Good Morning Mahy.

    ReplyDelete
  11. Kris hnaMarch 19, 2013 at 9:37 AM

    Hi SR & all, Good morning

    ReplyDelete
  12. ShashiMarch 19, 2013 at 9:38 AM

    Sunilji, Holding 5700 PE @ 24
    Continue holding or buy some calls too?

    ReplyDelete
  13. SundarMarch 19, 2013 at 9:39 AM

    Sir,
    Good Morning, How do you see DLF, Relinfra, Bharti today?

    ReplyDelete
  14. Pramod SinghMarch 19, 2013 at 9:42 AM

    Good Morning Sirji!

    Can we short nifty at 5839?

    ReplyDelete
  15. Bhuvan SivaMarch 19, 2013 at 9:46 AM

    GOOD MORNING SUNILJI

    ReplyDelete
  16. Auto ChannelsMarch 19, 2013 at 9:46 AM

    @ea1c3548c078b1fec81bb86c71c7c412:disqus Good Morning

    ReplyDelete
  17. Auto ChannelsMarch 19, 2013 at 9:47 AM

    @Shashi_Shetty:disqus Hold for now. Could be volatile just before RBI announcement.

    ReplyDelete
  18. Auto ChannelsMarch 19, 2013 at 9:48 AM

    @477bd1e8e16eeb8cb761b5d324b7dae2:disqus Rel Infra looks weak below 414. Avoid other 2 as yet.

    ReplyDelete
  19. Auto ChannelsMarch 19, 2013 at 9:49 AM

    @053b8469fc00caf7381d26b11dff3fff:disqus Good Morning. After it sustains below 5839.

    ReplyDelete
  20. Auto ChannelsMarch 19, 2013 at 9:50 AM

    @5bf656861192002896d929fce46af1c7:disqus Good Morning.

    ReplyDelete
  21. ShashiMarch 19, 2013 at 9:52 AM

    OK, Thank you

    ReplyDelete
  22. Paritosh GuptaMarch 19, 2013 at 9:53 AM

    Hey Sunil, Good Morning. CRR cut is skeptical, Repo rate almost sure... Almost sure means i should have been factored in, if CRR cut is not given, then a selloff is expected. I am holding shorts in nifty, do you think i shall exit now and re-enter at policy announcement or should stay.

    ReplyDelete
  23. karthikMarch 19, 2013 at 9:55 AM

    GM sunilji!

    ReplyDelete
  24. Auto ChannelsMarch 19, 2013 at 9:59 AM

    @05b974d0e5f144c43d640c78331448fd:disqus Good Morning. Diversified view in the markets. Would advise to hold puts for now. Could be volatile ahead of RBI announcement.

    ReplyDelete
  25. Auto ChannelsMarch 19, 2013 at 9:59 AM

    @155c0b5ebd254a818cb45c020caf28a8:disqus Good Morning.

    ReplyDelete
  26. Auto ChannelsMarch 19, 2013 at 9:59 AM

    Most Welcome.

    ReplyDelete
  27. Auto ChannelsMarch 19, 2013 at 10:00 AM

    Breaking below 5839 could lead Nifty to 5795.

    ReplyDelete
  28. sonu2938March 19, 2013 at 10:01 AM

    Sir can we buy Nifty with SL of 5839 .

    ReplyDelete
  29. Auto ChannelsMarch 19, 2013 at 10:04 AM

    No.

    ReplyDelete
  30. Imran KhanMarch 19, 2013 at 10:17 AM

    Good morning Sunil sir, can i enter 5900 call now? any trade for today?

    ReplyDelete
  31. Paritosh GuptaMarch 19, 2013 at 10:20 AM

    Bhai, dont make fresh calls, if holding puts, keep holding.. :) Sunil will confirm

    ReplyDelete
  32. Auto ChannelsMarch 19, 2013 at 10:23 AM

    @c009e85663117725a427c03935b27671:disqus Good Morning. Wait for now.

    ReplyDelete
  33. Imran KhanMarch 19, 2013 at 10:28 AM

    Thanks sir, i wil wait

    ReplyDelete
  34. Imran KhanMarch 19, 2013 at 10:29 AM

    Thanks Bhai, i will wait and i don't have any positions now, i exited yesterday itself

    ReplyDelete
  35. ShashiMarch 19, 2013 at 10:34 AM

    @google-33f9459876e83384e3f9cce0819f1bb6:disqus Is the auto update of comments working fine with you? Facing some problem since yesterday, may also be coz of my net connection

    ReplyDelete
  36. Ravichandran RanganathanMarch 19, 2013 at 10:51 AM

    HI GOOD MORNING TO ALL......HAVE A GOOD DAY.......:)

    ReplyDelete
  37. Mahender ReddyMarch 19, 2013 at 10:54 AM

    good morning Ravi, wish u the same.

    ReplyDelete
  38. Mahender ReddyMarch 19, 2013 at 10:54 AM

    No issues at my end.

    ReplyDelete
  39. ShashiMarch 19, 2013 at 11:11 AM

    oh OK, thanks

    ReplyDelete
  40. Paritosh GuptaMarch 19, 2013 at 11:15 AM

    RBI cuts repo rate by 25 bps to 7.5%, Leaves CRR unchanged at 4%... Sell off can be seen ahead

    ReplyDelete
  41. Auto ChannelsMarch 19, 2013 at 11:22 AM

    Positional Bear Spread: Target 5760 achieved. Book Profits in 5700PE long and 5600PE Short @ nett. 25

    ReplyDelete
  42. ShashiMarch 19, 2013 at 11:23 AM

    DMK quits UPA Govt
    Market in deep red,

    ReplyDelete
  43. Mahender ReddyMarch 19, 2013 at 11:25 AM

    That's cool.
    Good going Sunil.

    ReplyDelete
  44. Mahender ReddyMarch 19, 2013 at 11:26 AM

    yeah, recovery is likely as day go on.

    ReplyDelete
  45. Mahender ReddyMarch 19, 2013 at 11:29 AM

    Traders will stick to "Sell on Rise"

    ReplyDelete
  46. Mahender ReddyMarch 19, 2013 at 11:30 AM

    Long Term investors will take this kind of opportunity to average their Long term bets or fresh bets which are fundamentally strong.

    ReplyDelete
  47. Mahender ReddyMarch 19, 2013 at 11:34 AM

    Booked 20% profits on REIAGROLTD, mid-term call entered at 9.9 a month back. :)

    ReplyDelete
  48. SundarMarch 19, 2013 at 11:36 AM

    Sir,
    Any Specific levels for nifty.

    ReplyDelete
  49. rameshbMarch 19, 2013 at 11:42 AM

    good morning, what to do in 5700 pe sell and 5800 pe buygiven about 8 days ago

    ReplyDelete
  50. Mahender ReddyMarch 19, 2013 at 11:42 AM

    Sundar, in very volatile markets levels won't stand strong, better let it settle down.

    ReplyDelete
  51. Mahender ReddyMarch 19, 2013 at 11:43 AM

    U are talking about 1 5700PE sell and 2 5800PE buy, right?

    ReplyDelete
  52. rameshbMarch 19, 2013 at 11:50 AM

    Buy 5800PE @ 20 and short 2 x 5700PE @ 10. Book profits next week near 5850. Risk 0 above 5750, Yes, Mahender, the stratedy was given a week ago by SR sir, he had told that it will be zero risk till 5750. now we are near the boundary. what to do now?

    ReplyDelete
  53. Kris hnaMarch 19, 2013 at 11:50 AM

    Hello sir thanks,
    booked profit 26 pts in bear spread

    ReplyDelete
  54. anupMarch 19, 2013 at 11:52 AM

    Enjoyed the slide... finally a strangle working for me... Was confused yesterday for the strangle strike price.. thanks Sunil..Booked profit... :)

    ReplyDelete
  55. Mahender ReddyMarch 19, 2013 at 11:54 AM

    Did u calculate the RISK at 5600, do some work on it now?
    Calculate PL for each leg and combine.

    ReplyDelete
  56. anupMarch 19, 2013 at 11:59 AM

    I was not able to take the bear spread but i had bought Strangle..which i booked in profit..Can anyone tell me how much profit you got in bear spread.??

    ReplyDelete
  57. rameshbMarch 19, 2013 at 11:59 AM

    here i need help.

    ReplyDelete
  58. Mahender ReddyMarch 19, 2013 at 12:02 PM

    :) not a problem


    As far as I understood.
    Assuming NIFTY at 5600 at expiry,
    U make 200 points on 5800PE (1lot) = 200
    U make -100 point on 5700PE (2lots)=-200
    So, PL is zero at this point on expiry.

    ReplyDelete
  59. SundarMarch 19, 2013 at 12:09 PM

    Sir,
    Will Nifty test 5725 levels again.

    ReplyDelete
  60. Pramod SinghMarch 19, 2013 at 12:15 PM

    Hi SR!
    Missed the ride :( any call for now?

    ReplyDelete
  61. SundarMarch 19, 2013 at 12:22 PM

    Dear Sir /Mahy,

    Kindly advise few strong scrips which would fastly recover from this downfall.

    ReplyDelete
  62. Auto ChannelsMarch 19, 2013 at 12:29 PM

    Sorry all, Had Net failure. Just came back online.

    ReplyDelete
  63. Auto ChannelsMarch 19, 2013 at 12:30 PM

    @disqus_AN92IvpwhZ:disqus No call as of now.

    ReplyDelete
  64. Auto ChannelsMarch 19, 2013 at 12:30 PM

    @Sundar Not sure for today. Hold shorts with SL of 5780 on Nifty

    ReplyDelete
  65. ShashiMarch 19, 2013 at 12:31 PM

    Sunilji are u tracking LICHSGFIN?
    If so Can u pls share the levels

    ReplyDelete
  66. Auto ChannelsMarch 19, 2013 at 12:31 PM

    @cd2ba0831e2cbdd07f3576ce91e7b4ea:disqus Nice to know. :) For bear spread: Booked at 25. Bought at 9

    ReplyDelete
  67. Auto ChannelsMarch 19, 2013 at 12:32 PM

    @kris_hna:disqus Nice to know :)

    ReplyDelete
  68. Auto ChannelsMarch 19, 2013 at 12:34 PM

    @221bdcee3f5ca5bef271d66784918bb4:disqus Hold for now. We will exit after the momentum subsides. Do not panic. Break even is 5600 wich is unlikely this expiry as long as max OI stands at 5700PE.

    ReplyDelete
  69. rameshbMarch 19, 2013 at 12:36 PM

    thanks Mahender. this is my first entry in strategy, till now i was taking linear call in nifty.

    ReplyDelete
  70. Bhuvan SivaMarch 19, 2013 at 12:37 PM

    GR8 CALL SUNILJI. BOOKED ENOUGH. THANKS

    ReplyDelete
  71. Mahender ReddyMarch 19, 2013 at 12:39 PM

    Hello Sundar,

    That would be a tough one, because we are not sure about where market go from here.

    Sorry I don't wanna misguide you, so NO suggestions from me.


    Thanks
    Mahy

    ReplyDelete
  72. Auto ChannelsMarch 19, 2013 at 12:39 PM

    Most Welcome. :)

    ReplyDelete
  73. SundarMarch 19, 2013 at 12:40 PM

    No issues, Mahy.

    ReplyDelete
  74. Auto ChannelsMarch 19, 2013 at 12:43 PM

    @disqus_M56MjlrzQL:disqus Would advise to wait for now.

    ReplyDelete
  75. Mahender ReddyMarch 19, 2013 at 12:44 PM

    That's nice. It is good start.
    Always beware of PL on RISK/REWARD ... use an excel sheet for simplicity.


    Wish you profitability trading.

    ReplyDelete
  76. SundarMarch 19, 2013 at 12:44 PM

    Sure Sir.

    ReplyDelete
  77. Auto ChannelsMarch 19, 2013 at 12:45 PM

    @Shashi_Shetty:disqus Looks weak below 237.5. Positionally can be shorted with a SL at 241 for target of 227

    ReplyDelete
  78. Auto ChannelsMarch 19, 2013 at 12:45 PM

    @google-5bf656861192002896d929fce46af1c7:disqus Nice to know. Most Welcome :)

    ReplyDelete
  79. SundarMarch 19, 2013 at 12:47 PM

    Dear Mahy,

    As SR said would wait till "DMK pulling out from the UPA Govt." Chaos settle.

    ReplyDelete
  80. ShashiMarch 19, 2013 at 12:48 PM

    OK, Thank you

    ReplyDelete
  81. Kris hnaMarch 19, 2013 at 12:49 PM

    Sir, if this expiry is within 5639-6027, will 5600PE @ 22-25 be shorted for worthless at expiry

    ReplyDelete
  82. sanzyMarch 19, 2013 at 12:59 PM

    hi Sunil Sir,

    can i consider entering BankNifty 11800CE at current levels

    ReplyDelete
  83. Mahender ReddyMarch 19, 2013 at 1:00 PM

    :) Nice

    ReplyDelete
  84. Auto ChannelsMarch 19, 2013 at 1:16 PM

    @sanzy:disqus Wait for now.

    ReplyDelete
  85. sanzyMarch 19, 2013 at 1:19 PM

    Sunil Sir,

    pls advice on United Spirits..
    is there any chance of bounce back from current levels..i m in deep loss..
    shall i hold on to this stock till EOD or exit now..

    ReplyDelete
  86. Auto ChannelsMarch 19, 2013 at 1:25 PM

    @sanzy:disqus Try to exit on any bounce. May head down to 1814.

    ReplyDelete
  87. sanzyMarch 19, 2013 at 1:32 PM

    Sunil sir,

    which stock can i enter for a good bounce..

    ReplyDelete
  88. Auto ChannelsMarch 19, 2013 at 1:34 PM

    Wait for now. Let the markets settle

    ReplyDelete
  89. Jiten SriMarch 19, 2013 at 1:39 PM

    Sunil sir,
    covered nifty fut shorts too early near 5800 knowing nifty comes down to 5700. too disappointed:(. missed your bear spread also :-((((
    wishing better luck next time to myself..

    ReplyDelete
  90. Auto ChannelsMarch 19, 2013 at 1:40 PM

    @91c32160b90c58e8f73be5f887a408e5:disqus Be satisfied as long as you booked profits. There will always be the next time for more. :)

    ReplyDelete
  91. Jiten SriMarch 19, 2013 at 1:43 PM

    yes it is very true. thanks for kind advice.
    sir,i think risk traders can short sell nifty even in cmp for 5700 target. what do you suggest?

    ReplyDelete
  92. Auto ChannelsMarch 19, 2013 at 1:54 PM

    Most Welcome. Not advisable to short Nifty at current levels. Risk/reward may not be favourable.

    ReplyDelete
  93. Kris hnaMarch 19, 2013 at 2:30 PM

    Sir, whether 5900 CE can be entered at this level?

    ReplyDelete
  94. Auto ChannelsMarch 19, 2013 at 2:45 PM

    Not yet.

    ReplyDelete
  95. Kris hnaMarch 19, 2013 at 2:46 PM

    Ok thanks, will wait for your call

    ReplyDelete
  96. Jiten SriMarch 19, 2013 at 3:15 PM

    bhel is blast of the day among market movers fell 5.25%

    ReplyDelete
  97. Auto ChannelsMarch 19, 2013 at 3:23 PM

    Positional Bull Spread Trade: Buy 5900CE @ 12.5 and short 6000CE @ 4.5. Max Loss: 8 Target: 5820 (Expected Spread: 20)

    ReplyDelete
  98. Bhuvan SivaMarch 19, 2013 at 3:33 PM

    MISSED YR SPREAD.:(

    ReplyDelete
  99. Auto ChannelsMarch 19, 2013 at 3:35 PM

    No issues. May even enter tomorrow if opens flat/lower.

    ReplyDelete
  100. Paritosh GuptaMarch 19, 2013 at 3:36 PM

    I would have to pass. Can't write options as I don't have enough margin. All the best to all.

    ReplyDelete
  101. Bhuvan SivaMarch 19, 2013 at 3:38 PM

    YES LETS SEE :) BYE

    ReplyDelete
  102. Paritosh GuptaMarch 19, 2013 at 3:39 PM

    Sunil, I would have to pass your strangle. Can't write options as I don't have enough margin. Instead of shorting 6000CE, can we buy a put? just wondering. All the best to all.

    ReplyDelete
  103. Auto ChannelsMarch 19, 2013 at 4:14 PM

    @05b974d0e5f144c43d640c78331448fd:disqus This is a bull spread and not a strangle. We could buy a naked call but with expiry next week could be risky. Creating a spread reduces that risk.

    ReplyDelete
  104. SundarMarch 19, 2013 at 4:49 PM

    Sir,


    Thanks for all the guidance today. Made huge kill in Bharti PE & Nifty strangle.

    ReplyDelete
  105. Sourabh SharmaMarch 19, 2013 at 6:47 PM

    Sunil Sir,

    Holding 5800 CE @ 52 , plz advice.

    ReplyDelete
  106. Auto ChannelsMarch 19, 2013 at 9:37 PM

    @disqus_M56MjlrzQL:disqus Most welcome. Nice to know. :)

    ReplyDelete
  107. Auto ChannelsMarch 19, 2013 at 9:39 PM

    @google-c964e1aefc2e33cb1b32ec5239798634:disqus Hold it with a SL of 5731 (closing basis). We may see a small bounce from here.

    ReplyDelete

Subscribe to: Post Comments ( Atom )