Nifty Trades for 21/03/2013

155 Comments
21/03/2013 09:00  Trend: Negative, SL: 5725
21/03/2013 10:50  SL Triggered, Trend: Positive, SL: 5695
21/03/2013 12:45  SL Trailed: 5712
21/03/2013 12:55  SL Trailed: 5718
21/03/2013 13:40  SL Triggered, Trend: Negative: SL: 5730
21/03/2013 14:20  SL Trailed: 5720
21/03/2013 15:10  SL Trailed: 5692
Intraday Analysis:
Buy above: 5725.05
Sell Below: 5701.90
  1. Good morning sunilji!

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  2. @disqus_6yI8kG0ilp:disqus Good Morning.

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  3. @477bd1e8e16eeb8cb761b5d324b7dae2:disqus Good Morning.

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  4. GM Sunil Sir,

    what to do with HDIL 50PE..
    what target can we expect today..

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  5. @02c03b82b89682d29273397de64047ac:disqus GM. Book near 45

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  6. Sir,
    Where do you see bharti today?

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  7. its going up..should i exit now..or shall i wait for 45

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  8. @face9f0de130a2addb6c4f67dc43ddc9:disqus Good Morning.

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  9. Sir,
    How do you see JPA & Relcapital?

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  10. Hi SR & All, Good morning

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  11. @ea1c3548c078b1fec81bb86c71c7c412:disqus Good Morning

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  12. Hi Sunilji Good Morning

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  13. Good Morning Sir!
    Can u explain why inspite of nifty falling RSI increased from 46 to 50.?

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  14. @5bf656861192002896d929fce46af1c7:disqus Good Morning.

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  15. RSI is nothing but average strength of last 14 days. If there is a major directional move on the last 15th day (28/02) which moves out of the index, the average reflects a major change in the reverse direction.

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  16. GM sunil any bounce in nifty today?

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  17. Good morning Sunil sir, any trade for today?

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  18. @disqus_1xGP0yPZU1:disqus Seems unlikely as of now.

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  19. Thanks Sir, i will wait for your call

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  20. Good morning Sunil/Everyone.

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  21. Good morning Mahi how are you doing? what are you trading today?

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  22. Sir, where is support for nifty now? Support for Nifty at 5670 ?

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  23. @google-82987175e13625b2f22911a793ae640f:disqus Good Morning. Have a profitable day. :)

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  24. Good morning Imran,
    I'm doing fine, thank you.



    How r u doing?


    I'm looking at ICICIBANK, SBI and TM.


    If markets turn bearish I'll short ICICIBANK
    Will go long on SBI, if markets seem to pullback
    Not yet decided what to do with TM.

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  25. nice to know that, i am doing good, only trading on nifty and based on SR sir calls.

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  26. That's nice.
    Forgot to mention : will short Kotak Bank on RISE.

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  27. GM sir,

    your views on HDIL today..can it see levels bellow 45..

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  28. Short Nifty near 5702, SL: 5725, Target: 5655. (Trade in low qty.)

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  29. First, Stop Calling me Sir please. :)

    Already It hit the targets mentioned by Sunil.


    Willing to milk more out of it, but stay light on volumes might pullback a bit after HDIL management clarified few things.


    Have a profitable day.


    Thanks
    Mahy

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  30. Thanks Sunil.

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  31. ok Mahy..thanks have a nice day

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  32. Nifty Ratio Spread: Book profits in 5800PE long and 2x5700PE short at 15

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  33. cool, good going

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  34. Short Nifty near 5702, SL: 5725, Target: 5655. (Trade in low qty.) i will trade this for today.

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  35. sir, bank nifty is 1.14% up, should we short nifty?

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  36. Booked 20% profits on TM. 280CE.

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  37. hi Sunil Rao sir,

    can i buy SBI around current levels..

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  38. Thanks Sir, can i enter call for april series now, with SL 5725?

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  39. Thanks Sunil Sir for SL on nifty short, can i enter call for April series now, with SL 5725?

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  40. Had net failure, Just came back online...

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  41. Can be bought on dips near 2130 with SL of 2115

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  42. Sir, Had bought some puts as per the previous calls.. Shall I buy some calls now ,,

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  43. Sunil sir, please let us know when to enter call what levels?

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  44. Closed remaining position on TM at 35%.
    entered at 4.6 and closed at 6.2. :)

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  45. lucky day ;)

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  46. i am waiting for dip to enter call for april series with sl of 5695

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  47. To ALL, Please don't trade in March Expiry any more if you are positional traders (holding over night, timedecay will eat up ur premium, so NO).
    Only Intraday Traders may trade in this series that too close to ATM strikes or ITM Strikes but NOT OTM strikes.


    Thanks
    Mahy

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  48. Good Idea, pull back is likely

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  49. Yes, nifty is down from past 4 days hoping for pull back i will enter once SR sir gives call

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  50. me too waiting for it.

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  51. TITAN moved up 3% yet again. taken CASH positional call taken some time back.

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  52. sir can i buy in this dip 5720 level with stop asper ur level 5700??

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  53. europe open with a -ve look



    CAC 40 (^FCHI) -Paris

    3,821.40 8.16(0.21%) 4:00AM EDT

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  54. sir, i think trial stop changed, if it changed pls update

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  55. Sir, where is support for nifty now?

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  56. Booked 20% Profits on SBIN 2150CE (entry: 22 exited at 26.5), traded only 1Lot.

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  57. I've played NIFTY short again as SUNIL suggested in the morning.

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  58. Already Sitting on 20 Points profits (in Futures)

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  59. SL Trailed to 5690 SPOT (protecting my 13 points profits alteast)

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  60. If we are good in playing range bound market, its very profitable ....Today was good day , playing in the range :)

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  61. Yeah, Good.
    Need to be little dynamic and disciplined.

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  62. It is breaks out 5690 I'll go long on NIFTY, these are the levels Where nifty reversed and bounced 50+ points.

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  63. Welcome back Sunil, thanks for updating charts and levels

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  64. It requires Quick thinking and Execution..If SL is hit we have to exit quickly..

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  65. Hey sunil. Entered 5700 PE @26, exited @34... made 30% profits but later it went and touched 58 :(


    could have doubled my money easily... #mixedemotions

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  66. no regrets, be happy with what u made for now.
    Try not to be emotional in trading :)

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  67. other way of saying :)
    more or less we are on same page ...

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  68. Can we expect 5655 today?

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  69. Ya... Earlier in the month of July,august 2012 ..Sunil Rao used to give option calls which if we held for 8 to 12 sessions money would be quadrapled..But now a days Sunil is not giving those calls..Really missing those calls..

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  70. Did u enter trade, u were looking for dips.?

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  71. I'm not sure about it Pramod. It is taking support around 5680 to 5670.
    But never know, if you are in profits, try to main tight SL as general rule.
    Market is volatile. Moving every where

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  72. IS THR ANY CHANCE OF NIFTY COMING TO LOW AGAIN TODAY. HOLDING SOME PEs. Missed to book or should i book at CMP

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  73. ok.thanks mahy.

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  74. My StopLoss HIT and made 12 Points.
    Thanks Sunil for Idea.

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  75. now i am going buy 5900 call for april

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  76. i feel from here nifty will bounce back at least to 5800

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  77. Yeah, Quite nice to have such calls.
    But markets momentum play vital role.


    in 2012 we had very BULL kind of markets. 4500+ to around 6000.


    If Sunil finds something like good for us, I'm pretty sure, he'll share with us.


    We need to have patience for such kind of call, Everyday is not Sunday ;)

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  78. Thanks for the advice, I am not being emotional in trading. After the trade there are mixes emotions to happy and sad, just hash-tagged. It was a deliberate decision to sell at 34 so there is nothing to be emotional about. "Having Emotions" and "Being Emotional" are entirely different things... was sharing with Sunil as I find it obligatory since I rely heavily on his levels like everyone here. Will appreciate if I am not judged. Thanks :)

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  79. I didn't mean to hurt your feelings dude.

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  80. good luck dude.

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  81. Thanks whats your view for april

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  82. Having Net issues ... Net going off and on ... Currently managed to come online.

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  83. good to see u again.

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  84. realy missing you today

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  85. THANKS FOR MANAGING. ITS CRUCIAL. I MISSED MY PROFITS BCOS OF THE SAME PROBLEM

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  86. April is too long to think for me, markets are volatile and choppy. 5800 is likely and I'll go long on nifty like u too, but not today.

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  87. I am sure you are enjoying the roller coaster ride on nifty...

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  88. SUNILJI PLS INDICATE WHR IS THE NEXT SUPPORT

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  89. @google-5bf656861192002896d929fce46af1c7:disqus Book profits near 5681 (spot levels). Nifty took support at weekly pivot level of 5671 and bounced to the next level of 5750. We will go short again below 5671.

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  90. Nifty took support at weekly pivot level of 5671 and bounced to the next level of 5750. We will go short again below 5671.

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  91. OK THANK YOU BOOKED PROFITS :))

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  92. Technically 5655 is possible today. But there is an intermediate weekly support level of 5671.

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  93. SUnil sir,
    can i buy nifty puts now? broke 5671

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  94. GR8 GOING SUNILJI WITH YOU HELP & GUIDANCE

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  95. That's the reason I say to book part profits and trail the rest with a trailing SL. But no issues. Its good as long as you book profits.

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  96. Wait till tomorrow for fresh trades. Its a weekly pivot. Needs to be held on weekly closing.

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  97. You know me Sunil, I am not good at booking part profits.

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  98. Nifty hit target of 5655 after hitting SL :(

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  99. koi nahin sirji..kama lenge..

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  100. I've entered the trade in the noon, made 13points on NIFTY FUT.
    Thanks for the idea.

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  101. Did u buy it Imran?

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  102. Sir, 5671 is broken,
    what is the next support for nifty?



    Is this the right time to buy some 5900 calls of April series?

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  103. @Shashi_Shetty:disqus 5671 is a weekly pivot. Need to see if Nifty closes below 5671 on weekly basis. Overall Nifty is weak. Wait for entering long positions.

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  104. The day i took the trade sl hit :( very bad day for me overall.

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  105. Even I'm sitting on a small loss today. But no regrets. Its all part of the game. Need to play it with discipline. Overall we will always be gainers. :)

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  106. Oh yes we will :)

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  107. Sir,
    Thanks for the levels, played safely by hedging near SL - profited in both angels.

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  108. @477bd1e8e16eeb8cb761b5d324b7dae2:disqus That's nice. Most Welcome.

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  109. very nice Sundar.

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  110. Thanks Mahy, Played safely in Relcapital, DLF, JPA and recovered my previous month losses.

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  111. That's even nice.
    Great going Sunday. JP is in deep red 6+% down

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  112. can we buy positional April puts?

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  113. Anup
    going to ask same question,thanks for asking before me.
    Sunil sir, two people waiting for your answer. is it safe to buy 5500 april puts for positional trade?
    thanks

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  114. Sunil sir
    today with all my guts shorted reliance,icici bank and bhel. do these stocks fall more tomorrow?
    sorry for troubling you during off market hours.

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  115. Ravichandran RanganathanMarch 21, 2013 at 6:12 PM

    HI NICE EVENING TO ALL.....THANKS......;)

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  116. @191b92ff97dbff88da635d909fd3ae1e:disqus @facebook-100005424695118:disqus Nifty is in a range of 5636 - 6027. If 5636 is broken on closing basis, near term trend will be negative. Would advise to short on pullbacks after 5636 is broken

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  117. @google-82987175e13625b2f22911a793ae640f:disqus Good Evening.

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  118. @facebook-100005424695118:disqus Reliance has strong support near 801-804. Keep a SL of 813 on it. ICICI Bank seems to show a bounce from support, keep SL at 1047. Bhel looks weak and can fall lower to 176. However keep SL at 183

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  119. Sir just a suggestion-wouldn t it be great if upward and downward levels can be added along with intraday buy and sell levels?

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  120. @disqus_AN92IvpwhZ:disqus Thanks for your suggestion. Auto Channels calculates all levels dynamically. The momentum of the breakout of the intraday buy/sell levels sets the respective targets which is not known in advance.

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  121. Ok.We keep expecting more :) Thanks.GN.

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  122. Most Welcome. US is trading flat. Lets see how they close. Unless 5636 is broken, would not advise to short at these levels.

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  123. 5636 intraday or closing ??

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  124. thanks again. good night sunil sir

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  125. @de19bc503d469f37d1bb9f9d3e47cf37:disqus On closing basis.

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  126. @facebook-100005424695118:disqus Most welcome. Good Night.

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