Real-Time Nifty Trades on 30/04/2013

30/04/2013 09:15  Trend: Positive, SL: 5883.47
30/04/2013 09:20  SL Trailed: 5926.79
30/04/2013 09:40  Caution: Exit Longs near 5947.89-5952.11, SL: 5926.79
30/04/2013 11:05  SL Triggered, Trend: Negative, SL: 5959.10
30/04/2013 11:10  SL Trailed: 5955.23
30/04/2013 11:15  SL Trailed: 5949.49
30/04/2013 11:20  SL Trailed: 5940.58
30/04/2013 11:25  SL Trailed: 5927.08
30/04/2013 11:35  Sell near 5906.00-5901.78, Target: 5863.84, SL: 5927.08
30/04/2013 11:40  SL Trailed: 5914.24
30/04/2013 11:50  Sell near 5892.93-5888.67, Target: 5850.32, SL: 5914.24
30/04/2013 12:40  Caution: Exit Shorts near 5892.93-5888.67, SL: 5914.24
30/04/2013 12:55  SL Trailed: 5902.36
30/04/2013 01:05  Sell near 5880.85-5876.55, Target: 5837.84, SL: 5902.36
30/04/2013 01:25  Caution: Exit Shorts near 5880.85-5876.55, SL: 5902.36
30/04/2013 02:15  SL Triggered, Trend: Positive, SL: 5871.73
30/04/2013 02:20  SL Trailed: 5882.51
30/04/2013 02:40  Buy near 5904.19-5908.53, Target: 5947.55, SL: 5882.51
30/04/2013 03:05  SL Trailed: 5898.10
30/04/2013 03:10  SL Trailed: 5905.48
30/04/2013 03:20  Buy near 5927.49-5931.89, Target: 5971.52, SL: 5905.48

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 29/04/2013

29/04/2013 09:15  Trend: Negative, SL: 5898.33
29/04/2013 09:45  Caution: Exit Shorts near 5876.81-5872.51, SL: 5898.33
29/04/2013 02:40  SL Triggered, Trend: Positive, SL: 5877.67
29/04/2013 02:45  SL Trailed: 5883.47
29/04/2013 02:55  Buy near 5904.58-5908.80, Target: 5946.81, SL: 5883.47

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 26/04/2013

26/04/2013 09:15  Trend: Positive, SL: 5886.58
26/04/2013 09:20  Caution: Exit Longs near 5908.59-5913.00, SL: 5886.58
26/04/2013 10:15  SL Triggered, Trend: Negative, SL: 5921.32
26/04/2013 10:20  SL Trailed: 5918.21
26/04/2013 10:30  Sell near 5896.17-5891.76, Target: 5852.10, SL: 5918.21
26/04/2013 01:00  SL Trailed: 5902.32
26/04/2013 01:10  Sell near 5881.06-5876.80, Target: 5838.53, SL: 5902.32
26/04/2013 01:35  Caution: Exit Shorts near 5881.06-5876.80, SL: 5902.32
26/04/2013 02:25  SL Trailed: 5898.33
26/04/2013 02:35  Sell near 5876.81-5872.51, Target: 5833.77, SL: 5898.33

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 25/04/2013

25/04/2013 09:15  Trend: Positive, SL: 5808.12
25/04/2013 09:20  SL Trailed: 5851.24
25/04/2013 09:30  Buy near 5873.90-5878.44, Target: 5919.23, SL: 5851.24
25/04/2013 09:50  SL Trailed: 5852.50
25/04/2013 10:00  Buy near 5875.09-5879.61, Target: 5920.28, SL: 5852.50
25/04/2013 11:05  SL Trailed: 5855.91
25/04/2013 11:10  SL Trailed: 5858.34
25/04/2013 11:15  SL Trailed: 5862.62
25/04/2013 11:25  Buy near 5884.42-5888.78, Target: 5928.02, SL: 5862.62
25/04/2013 11:45  SL Trailed: 5869.99
25/04/2013 11:55  Buy near 5891.69-5896.02, Target: 5935.07, SL: 5869.99
25/04/2013 12:45  SL Trailed: 5875.00
25/04/2013 01:15  Caution: Exit Longs near 5896.28-5900.54, SL: 5875.00
25/04/2013 02:45  SL Triggered, Trend: Negative, SL: 5900.86
25/04/2013 02:55  Sell near 5879.45-5875.16, Target: 5836.62, SL: 5900.86
25/04/2013 03:05  SL Triggered, Trend: Positive, SL: 5879.65
25/04/2013 03:10  SL Trailed: 5886.58
25/04/2013 03:20  Buy near 5908.59-5913.00, Target: 5952.61, SL: 5886.58

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Technical View on Nifty as on 23/04/2013

Daily chart of Nifty as on 23/04/2013

Nifty had entered a mid-term down trend when it broke below 5703 on 28/02/2013 and headed to the first target levels of 5494-70 mid of this series. However from these levels, we saw a very sharp recovery which has led Nifty of levels of 5840 in just five session. Such a sharp pull back may be treated as a bear rally. However this pullback has been halted near 5840 levels.

Importance of 5840 levels:

• 5842 is our Channel Resistance.
• 20 week-sma at 5847
• 10 month-sma at 5839
• Historically, 5840 always has been a barrier

As such this would be a very strong level to break.

Today Nifty opened at 5840 levels and saw a sharp selling pressure and hovered near 5800 throughout the day, but later on towards the end of the day recovered back.. Even the sharp intraday recovery did not manage to break the level of 5842 and even failed to break previous day's high. Today's close forms a typical engulfing hanging man pattern.

As per Auto Channels, today Nifty triggered the caution level for longs on 10-min and 15 min charts and gave a exit opportunity to positional long traders.

Positionally, Nifty has breached our caution level of 5710 and went ahead to hit the strong wall (the 5840 level) without giving a chance for the shorts to be covered. As such we may likely see a reactive bounce back to 5710 levels (caution level) and then show some consolidation in the range of 5840-5710. But as shorts were trapped near 5500 levels, Nifty may likely head down to 5620-5575 levels as a exit for the shorts.

However, if the strong wall of 5840 is broken, mid-term trend of Nifty would revert back to long and would be a case for fresh analysis.

Trade Opportunity: As Nifty is just near the Channel Resistance (5842), Its an ideal level to go short with almost no risk. The immediate target would be 5710 and may drift down further to 5620-5575. The SL for this trade would be the breach of Channel Resistance.

Real-Time Nifty Trades on 23/04/2013

23/04/2013 09:15  Trend: Positive, SL: 5808.47
23/04/2013 09:20  Caution: Exit Longs near 5831.05-5835.57, SL: 5808.47
23/04/2013 10:45  SL Triggered, Trend: Negative, SL: 5843.63
23/04/2013 10:50  SL Trailed: 5842.59
23/04/2013 11:00  Sell near 5819.97-5815.45, Target: 5774.73, SL: 5842.59
23/04/2013 11:20  SL Trailed: 5833.62
23/04/2013 11:30  Sell near 5811.04-5806.53, Target: 5765.90, SL: 5833.62
23/04/2013 03:00  Caution: Exit Shorts near 5811.04-5806.53, SL: 5833.62
23/04/2013 03:05  SL Triggered, Trend: Positive, SL: 5803.10
23/04/2013 03:15  SL Trailed: 5808.12
23/04/2013 03:25  Buy near 5830.48-5834.96, Target: 5875.21, SL: 5808.12

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 22/04/2013

22/04/2013 09:15  Trend: Positive, SL: 5756.93
22/04/2013 09:20  SL Trailed: 5780.71
22/04/2013 09:30  Buy near 5804.11-5808.79, Target: 5850.91, SL: 5780.71
22/04/2013 09:55  SL Trailed: 5790.89
22/04/2013 10:05  Buy near 5814.24-5818.91, Target: 5860.94, SL: 5790.89
22/04/2013 10:45  Caution: Exit Longs near 5814.24-5818.91, SL: 5790.89
22/04/2013 02:55  SL Trailed: 5798.51
22/04/2013 03:05  Buy near 5821.26-5825.80, Target: 5866.74, SL: 5798.51
22/04/2013 03:25  SL Trailed: 5804.08
22/04/2013 03:30  SL Trailed: 5808.47

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Automated Trade Signals

Auto Channels released Automated Trade Signals on April 8th, 2013. All trade signals generated are based on the fact that we need to maximize our profits, minimizing losses on the way.

Auto Channels Levels

Auto Channels comprises of the various levels. The most important levels are the Channel Support and Resistance. These levels indicate the trend and the breach of it, indicates a trend reversal

Real-Time Nifty Trades on 18/04/2013

18/04/2013 09:15  Trend: Negative, SL: 5714.77
18/04/2013 11:00  SL Triggered, Trend: Positive, SL: 5678.88
18/04/2013 11:10  Buy near 5702.64-5707.39, Target: 5750.17, SL: 5678.88
18/04/2013 11:25  SL Trailed: 5686.31
18/04/2013 11:35  Buy near 5709.96-5714.69, Target: 5757.26, SL: 5686.31
18/04/2013 11:50  SL Trailed: 5690.69
18/04/2013 12:00  Buy near 5714.17-5718.86, Target: 5761.11, SL: 5690.69
18/04/2013 01:00  SL Trailed: 5702.71
18/04/2013 01:10  SL Trailed: 5703.89
18/04/2013 01:20  Buy near 5727.08-5731.72, Target: 5773.47, SL: 5703.89
18/04/2013 01:45  SL Trailed: 5712.07
18/04/2013 01:55  Buy near 5735.18-5739.80, Target: 5781.41, SL: 5712.07
18/04/2013 02:30  SL Trailed: 5720.05
18/04/2013 02:40  SL Trailed: 5730.37
18/04/2013 02:45  SL Trailed: 5736.73
18/04/2013 02:55  Buy near 5759.90-5764.53, Target: 5806.23, SL: 5736.73
18/04/2013 03:05  SL Trailed: 5750.04
18/04/2013 03:10  SL Trailed: 5756.93
18/04/2013 03:20  Buy near 5780.13-5784.77, Target: 5826.53, SL: 5756.93

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 17/04/2013

17/04/2013 09:15  Trend: Positive, SL: 5659.36
17/04/2013 09:20  SL Trailed: 5684.04
17/04/2013 09:30  Buy near 5707.20-5711.83, Target: 5753.53, SL: 5684.04
17/04/2013 09:35  Caution: Exit Longs near 5707.20-5711.83, SL: 5684.04
17/04/2013 12:05  SL Trailed: 5690.81
17/04/2013 12:10  SL Trailed: 5691.91
17/04/2013 12:20  Buy near 5714.90-5719.50, Target: 5760.89, SL: 5691.91
17/04/2013 01:10  Caution: Exit Longs near 5714.90-5719.50, SL: 5691.91
17/04/2013 01:15  SL Triggered, Trend: Negative, SL: 5728.15
17/04/2013 01:20  SL Trailed: 5714.77
17/04/2013 01:30  Sell near 5691.51-5686.86, Target: 5644.98, SL: 5714.77
17/04/2013 01:50  Caution: Exit Shorts near 5691.51-5686.86, SL: 5714.77

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 16/04/2013

16/04/2013 09:15  Trend: Positive, SL: 5555.17
16/04/2013 09:35  SL Trailed: 5577.38
16/04/2013 09:45  SL Trailed: 5586.27
16/04/2013 09:50  SL Trailed: 5590.21
16/04/2013 10:00  Buy near 5614.39-5619.23, Target: 5662.76, SL: 5590.21
16/04/2013 11:00  SL Trailed: 5595.33
16/04/2013 11:10  Buy near 5619.09-5623.85, Target: 5666.62, SL: 5595.33
16/04/2013 11:35  SL Trailed: 5604.42
16/04/2013 11:45  Buy near 5628.03-5632.75, Target: 5675.26, SL: 5604.42
16/04/2013 12:50  SL Trailed: 5607.72
16/04/2013 01:00  Buy near 5631.02-5635.68, Target: 5677.62, SL: 5607.72
16/04/2013 01:55  SL Trailed: 5613.53
16/04/2013 02:00  SL Trailed: 5622.67
16/04/2013 02:05  SL Trailed: 5632.21
16/04/2013 02:15  Buy near 5655.33-5659.95, Target: 5701.57, SL: 5632.21
16/04/2013 02:30  SL Trailed: 5636.10
16/04/2013 02:40  Buy near 5659.13-5663.74, Target: 5705.19, SL: 5636.10
16/04/2013 02:45  SL Trailed: 5644.56
16/04/2013 02:55  Buy near 5667.59-5672.19, Target: 5713.63, SL: 5644.56
16/04/2013 03:05  SL Trailed: 5648.14
16/04/2013 03:10  SL Trailed: 5654.01
16/04/2013 03:15  SL Trailed: 5659.36
16/04/2013 03:25  Buy near 5682.51-5687.14, Target: 5728.81, SL: 5659.36

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 15/04/2013

15/04/2013 09:15  Trend: Negative, SL: 5545.31
15/04/2013 09:20  SL Trailed: 5538.38
15/04/2013 09:30  Sell near 5514.86-5510.16, Target: 5467.82, SL: 5538.38
15/04/2013 10:45  Caution Triggered, Hedge Short Positions
15/04/2013 11:05  SL Triggered, Trend: Positive, SL: 5507.15
15/04/2013 11:15  Buy near 5530.56-5535.24, Target: 5577.37, SL: 5507.15
15/04/2013 11:30  SL Trailed: 5517.27
15/04/2013 11:40  Buy near 5540.63-5545.30, Target: 5587.36, SL: 5517.27
15/04/2013 12:00  SL Trailed: 5528.75
15/04/2013 12:10  Buy near 5552.13-5556.80, Target: 5598.87, SL: 5528.75
15/04/2013 12:45  SL Trailed: 5534.82
15/04/2013 12:55  Buy near 5558.31-5563.00, Target: 5605.28, SL: 5534.82
15/04/2013 01:10  SL Trailed: 5539.56
15/04/2013 01:15  SL Trailed: 5546.12
15/04/2013 01:20  SL Trailed: 5548.62
15/04/2013 01:25  SL Trailed: 5555.17
15/04/2013 01:50  Caution Triggered, Hedge Long Positions
15/04/2013 02:50  Buy near 5578.50-5583.17, Target: 5625.17, SL: 5555.17

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Positional Trade on Nifty on 12/04/2013

12/04/2013 15:15 Buy 5700CE near 14, Target: 5675-85, SL: 5470 / 5492 (Closing basis)

As per hourly charts, breakout was given yesterday and buy signal was initiated near 5557-70. As today Nifty opened gap-down and close to our SL, our risk / reward for this trade is excellent. Nifty has managed to sustain the SL level and also likely to form a positive doji.

Estimated Value of 5700CE near Target in coming week: 42-45.

Update: 16/04/2013 09:45AM Book part profits in 5700CE near 30 and hold rest for target at zero risk

Update: 16/04/2013 02:05PM Book Full profits in 5700CE near 42-45. Cheers!!!

Real-Time Nifty Trades on 12/04/2013

12/04/2013 09:15  Trend: Positive, SL: 5570.50
12/04/2013 09:30  SL Triggered, Trend: Negative, SL: 5571.15
12/04/2013 09:35  SL Trailed: 5563.86
12/04/2013 09:45  Sell near 5539.73-5534.90, Target: 5491.46, SL: 5563.86
12/04/2013 10:40  SL Trailed: 5560.12
12/04/2013 10:50  Sell near 5536.20-5531.42, Target: 5488.37, SL: 5560.12
12/04/2013 12:20  SL Trailed: 5554.69
12/04/2013 12:30  Sell near 5531.07-5526.35, Target: 5483.84, SL: 5554.69
12/04/2013 01:25  SL Trailed: 5545.31
12/04/2013 02:10  Caution Triggered, Hedge Short Positions

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 11/04/2013

11/04/2013 09:15  Trend: Positive, SL: 5532.09
11/04/2013 09:20  SL Trailed: 5570.00
11/04/2013 09:20  Caution Triggered, Hedge Long Positions
11/04/2013 09:45  SL Triggered, Trend: Negative, SL: 5604.44
11/04/2013 09:55  Sell near 5581.45-5576.85, Target: 5535.46, SL: 5604.44
11/04/2013 12:25  SL Trailed: 5588.12
11/04/2013 12:35  SL Trailed: 5579.85
11/04/2013 01:20  Caution Triggered, Hedge Short Positions
11/04/2013 01:55  SL Triggered, Trend: Positive, SL: 5557.04
11/04/2013 02:05  SL Trailed: 5564.15
11/04/2013 02:10  SL Trailed: 5570.50
11/04/2013 02:25  Caution Triggered, Hedge Long Positions
11/04/2013 03:10  Buy near 5593.62-5598.25, Target: 5639.88, SL: 5570.50

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty trades on 10/04/2013

10/04/2013 09:15  Trend: Negative, SL: 5521.95
10/04/2013 09:20  Caution Triggered, Hedge Short Positions
10/04/2013 01:10  SL Triggered, Trend: Positive, SL: 5488.89
10/04/2013 01:20  Buy near 5510.33-5514.62, Target: 5553.22, SL: 5488.89
10/04/2013 01:25  Caution Triggered, Hedge Long Positions
10/04/2013 01:30  SL Triggered, Trend: Negative, SL: 5512.70
10/04/2013 01:45  Caution Triggered, Hedge Short Positions
10/04/2013 02:00  SL Triggered, Trend: Positive, SL: 5498.24
10/04/2013 02:10  Buy near 5520.53-5524.99, Target: 5565.10, SL: 5498.24
10/04/2013 02:20  SL Trailed: 5514.17
10/04/2013 02:30  Buy near 5536.66-5541.15, Target: 5581.63, SL: 5514.17
10/04/2013 02:45  SL Trailed: 5515.47
10/04/2013 02:55  Buy near 5538.12-5542.64, Target: 5583.40, SL: 5515.47
10/04/2013 03:00  SL Trailed: 5526.72
10/04/2013 03:05  SL Trailed: 5532.09
10/04/2013 03:15  Buy near 5554.82-5559.36, Target: 5600.26, SL: 5532.09

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real-Time Nifty Trades on 09/04/2013

09/04/2013 09:15  Trend:Negative, SL:5572.06
09/04/2013 09:20  SL Triggered, Trend:Positive, SL:5546.18
09/04/2013 09:40  Buy near 5567.22-5571.43, Target:5609.31, SL:5546.18
09/04/2013 11:30  SL Trailed:5552.37
09/04/2013 11:35  SL Trailed:5559.48
09/04/2013 11:45  Buy near 5580.15-5584.28, Target:5621.48, SL:5559.48
09/04/2013 12:25  SL Trailed:5567.14
09/04/2013 12:35  Buy near 5587.49-5591.56, Target:5628.19, SL:5567.14
09/04/2013 01:10  SL Triggered, Trend:Negative, SL:5588.57
09/04/2013 01:20  Sell near 5567.90-5563.77, Target:5526.56, SL:5588.57
09/04/2013 01:50  SL Trailed:5584.93
09/04/2013 02:00  SL Trailed:5583.60
09/04/2013 02:05  SL Trailed:5581.45
09/04/2013 02:15  Sell near 5560.79-5556.66, Target:5519.48, SL:5581.45
09/04/2013 02:20  SL Trailed:5577.99
09/04/2013 02:25  SL Trailed:5561.21
09/04/2013 02:30  SL Trailed:5550.47
09/04/2013 02:35  SL Trailed:5543.16
09/04/2013 02:45  Sell near 5522.00-5517.76, Target:5479.68, SL:5543.16
09/04/2013 02:55  SL Trailed:5534.36
09/04/2013 03:00  SL Trailed:5532.28
09/04/2013 03:10  Sell near 5510.89-5506.61, Target:5468.10, SL:5532.28
09/04/2013 03:15  SL Trailed:5521.95
09/04/2013 03:25  Sell near 5500.48-5496.19, Target:5457.54, SL:5521.95

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Real Time Nifty Trades on 08/04/2013

08/04/2013 09:15  Trend:Negative, SL:5572.06

Auto Channels 5-min Chart of Nifty with Automated Trade Signals

Nifty Trades for 05/04/2013

Buy Above: 5604.25Sell Below: 5581.35

05/04/2013 09:00  Trend: Negative, SL: 5613
05/04/2013 09:25  SL Trailed: 5593
05/04/2013 11:20  SL Trailed: 5585
05/04/2013 11:50  SL Trailed: 5573

A preview of the new Auto Channels Chart with Automated Buy / Sell Signals

Nifty Trades for 04/04/2013

Buy Above: 5647.25Sell Below: 5624.75

04/04/2013 09:00  Trend: Negative, SL: 5682
04/04/2013 09:30  SL Trailed: 5642
04/04/2013 12:55  SL Trailed: 5637
04/04/2013 13:05  SL Trailed: 5627
04/04/2013 13:45  SL Trailed: 5613

Technical View on Nifty as on 03/04/2013

Technical view based on Hourly Charts:

Nifty had been showing a bearish undertone for quite some time. However, on 1st April, Nifty gave a positive breakout on the hourly charts and also managed to close above the 200-day EMA. The breakout was sustained even the next day with further upmove to 5750 + levels to touch the 20-day EMA.

However, today Nifty fell down to re-test 5650 levels. As per Auto Channels, 5653 is a major hourly support level and it has held good. Today's close of 5672.90 is just above the 200-day EMA indicating that it held onto the 200-day EMA. Today's fall was a panic sell out may also be considered to be formation of a panic bottom.

As per Open Interest (OI) Data of Nifty, Nifty has max OI of over 85 lacs on 5600PE and over 57 lacs each on 5900CE. This indicates strong support at 5600 levels and upsides possible to 5900 levels. As per India VIX at 14.87, the volatility has cooled down considerably from 17+ levels which also suggests limited downside.

As per above data, Nifty may likely show a bounce from current levels and may likely head upto 5729, 5805, 5856 levels. However, if 5653 level is broken out, Nifty may slide down to 5593 levels.

Nifty Trades for 03/04/2013

Buy Above: 5739.60Sell Below: 5717.15

03/04/2013 09:00  Trend: Positive, SL: 5723
03/04/2013 10:35  SL Triggered, Trend: Negative, SL: 5754
03/04/2013 12:55  SL Trailed: 5748
03/04/2013 14:15  SL Trailed: 5746
03/04/2013 14:25  SL Trailed: 5737
03/04/2013 15:20  SL Trailed: 5682

Nifty Trades for 02/04/2013

Buy Above: 5705.25Sell Below: 5681.85

02/04/2013 09:00  Trend: Negative, SL: 5715
02/04/2013 12:20  SL Triggered, Trend: Positive, SL: 5688
02/04/2013 12:45  SL Trailed: 5697
02/04/2013 12:55  SL Trailed: 5699
02/04/2013 13:20  SL Trailed: 5705
02/04/2013 13:35  SL Trailed: 5713
02/04/2013 14:55 SL Trailed: 5723

Nifty Trades for 01/04/2013

Buy Above: 5674.55Sell Below: 5651.20

01/04/2013 09:00  Trend: Positive, SL: 5656
01/04/2013 09:50  SL Trailed: 5686
01/04/2013 12:45  SL Triggered, Trend: Negative, SL: 5715