Hello Sunil, I am fine,Thank you..previously i use to ask suggestions with the name of Ravii..Name is changed and taking directly from my gmail i guess
@google-7045db5d32b7894543a3e473b9f521e8:disqus @google-5bf656861192002896d929fce46af1c7:disqus Nifty has strong support near 5593. Nifty is oscillating near 200-day ema within a 250% volatility range of 5593 - 5752. 50-week ema near 5631. As such Nifty is directionless as of now.
SR i want to ask one thing. Suppose if nifty opens at 5650 and trade below its open during one hour then we can say that nifty is weak. But if it gives a close above 5650 in the next hour then still nifty will be weak(sell on rise) or will be strong ?
@e33182bc78cc9d46a16329c953329088:disqus if a scrip trades above the resistance level, its strong, if its below the support level its weak. Resistance and Support levels may be used from different time-frames. If its from daily charts, we need to see the daily closing. If its from hourly charts, we need to see the hourly closing and so on.
@884dbbb5f734356a69393e686f44aacf:disqus Market is oscillating near the 200-day ema. Need to remain calm as of now and limit trading to minimal. We will trade with better volumes only after Nifty breaks above 5752 or below 5593.
@google-cc662d7e2bfbdeb06c24ce5f628cd561:disqus SBI is at support level of 2060. If it holds onto it. Can enter long with 2060 itself as self (hourly closing)
@477bd1e8e16eeb8cb761b5d324b7dae2:disqus 5593 is a daily support level and needs to be held on closing basis. However, to keep a intraday SL, one may keep at current day's low
This system will require to trade in 2 lots of Nifty futures, and may require to hedge with 2 lots of ITM options and 1 lot of OTM option. This system consists of only 3 levels. The Entry level, The Hedge Level and the Target Level.
Note: There is no SL. If we need to exit a trade in reverse trend, we will only reverse trade at the next entry level.
Suggesting Nifty Futures levels is not possible as futures premium vary on many factors. But you may note the average Futures premium and place your orders accordingly.
There will be no specific calls. You need to enter trade whenever Nifty hits the Entry level and note the Target level at that time. Book profits at the target level. Hedge only if the Hedge level is hit. I will make a detailed write-up on how to use this strategy to the best.
Good Morning Sunilji,
ReplyDeleteNifty below 5650 in premarket session.. whats ur view on the same
@face9f0de130a2addb6c4f67dc43ddc9:disqus Good Morning. Lets wait till 10am to confirm a breakdown.
ReplyDeleteok sure sir.
ReplyDeletethank you
Good Morning sir!
ReplyDelete@053b8469fc00caf7381d26b11dff3fff:disqus Good Morning.
ReplyDeleteSir,
ReplyDeleteYour view on DLF.
Hi Sunilji Happy Morning
ReplyDeleteStrong Support at 240. Can short after it breaks it.
ReplyDelete@5bf656861192002896d929fce46af1c7:disqus Good Morning.
ReplyDeleteGoodmorning sir..can i go short on ril, what will be the levels?
ReplyDelete@google-cc662d7e2bfbdeb06c24ce5f628cd561:disqus Good Morning. Can go short on rise with SL at 781
ReplyDeleteThank u Sir.
ReplyDeleteSirji u see any trade now??
ReplyDeleteSirji lt and icici bank looking strong or week?
ReplyDelete@disqus_AN92IvpwhZ:disqus Not advisable to short at current level. May see some short covering from here.
ReplyDeleteHi SR, Good morning
ReplyDeleteWhats the strong support of Nifty, any chance to bounce back today?
@google-cc662d7e2bfbdeb06c24ce5f628cd561:disqus LT has broken support at 1370. ICICI is near support of 1015
ReplyDelete@ea1c3548c078b1fec81bb86c71c7c412:disqus 5593. May see a bounce from current levels. But not sure as yet.
ReplyDeleteGood morning Sunil/Everyone.
ReplyDelete@33f9459876e83384e3f9cce0819f1bb6:disqus Good Morning Mahy.
ReplyDeletehi
ReplyDeleteSR SIR
CAN U PLEASE TELL ME SUPPORT ABT
SILVER
HOLDING SINCE 55000
AND ALSO COPPER AT 416
CAN BOOL LOSS OR HOLD
@e33182bc78cc9d46a16329c953329088:disqus Sorry, do not track commodities.
ReplyDeleteHello Sunil,
ReplyDeleteGood Morning..How are you
thank u sir..
ReplyDeleteHello Sunil,
ReplyDeleteI am fine,Thank you..previously i use to ask suggestions with the name of Ravii..Name is changed and taking directly from my gmail i guess
Hi SR.. Good Morning.. It is nice to see your blog today.. It has changed a lot.. Nice looks..:)
ReplyDeleteHI SR PLS REPLY FOR THIS QUERY WANT TO ASK SAME QN. PLS CLARIFY
ReplyDeleteok
ReplyDelete@kris_hna:disqus Not yet.
ReplyDelete@google-7045db5d32b7894543a3e473b9f521e8:disqus @google-5bf656861192002896d929fce46af1c7:disqus Nifty has strong support near 5593. Nifty is oscillating near 200-day ema within a 250% volatility range of 5593 - 5752. 50-week ema near 5631. As such Nifty is directionless as of now.
ReplyDelete@e33182bc78cc9d46a16329c953329088:disqus Good Morning. Thanks for your kind comments. Glad you liked the changes. :)
ReplyDeleteTHANKS SUNILJI
ReplyDeleteSR i want to ask one thing. Suppose if nifty opens at 5650 and trade below its open during one hour then we can say that nifty is weak. But if it gives a close above 5650 in the next hour then still nifty will be weak(sell on rise) or will be strong ?
ReplyDeleteHI
ReplyDeleteSR
CAN BUY HEROMOTOR 1600 CE AT 12
@e33182bc78cc9d46a16329c953329088:disqus if a scrip trades above the resistance level, its strong, if its below the support level its weak. Resistance and Support levels may be used from different time-frames. If its from daily charts, we need to see the daily closing. If its from hourly charts, we need to see the hourly closing and so on.
ReplyDelete@e33182bc78cc9d46a16329c953329088:disqus No. its weak below 1479
ReplyDeleteok SR.. Thanks..
ReplyDeleteSir,
ReplyDeleteDoes Hindalco is strong, not falling much.
@477bd1e8e16eeb8cb761b5d324b7dae2:disqus Has broken support at 89.5. May see some downside below it
ReplyDeleteSir, Thanks.
ReplyDeleteExit Nifty Short Strangle if Nifty sustains below 5593
ReplyDeleteWhat SR. You are remaining calm though nifty fallen 150 points in two days. Where is the old SR? Buy or sell? Please advice
ReplyDelete@884dbbb5f734356a69393e686f44aacf:disqus Market is oscillating near the 200-day ema. Need to remain calm as of now and limit trading to minimal. We will trade with better volumes only after Nifty breaks above 5752 or below 5593.
ReplyDeleteHi Sunil,
ReplyDeleteHolding 5600 CE @ 99 strike price and now it is @ 86.will market recover and touches 5650 in 2 or 3 days or you want me to exit
Exit for now if Nifty sustains below 5593.
ReplyDeleteThanks and all the best SR
ReplyDeletesirji can i go long in sbin ?
ReplyDelete@google-cc662d7e2bfbdeb06c24ce5f628cd561:disqus SBI is at support level of 2060. If it holds onto it. Can enter long with 2060 itself as self (hourly closing)
ReplyDeleteSir,
ReplyDeleteAbout DLF & JP Associates any more downside left.
@477bd1e8e16eeb8cb761b5d324b7dae2:disqus Both have broken supports of 240 and 65 respectively.
ReplyDeleteGOOD afternoon Sir, Nifty is circling around 5593. how to understand it. regards
ReplyDelete@477bd1e8e16eeb8cb761b5d324b7dae2:disqus 5593 is a daily support level and needs to be held on closing basis. However, to keep a intraday SL, one may keep at current day's low
ReplyDeleteHow many of you would like to trade on a 100% fool proof Nifty Futures hedged trading system based on the Auto Channels?
ReplyDeletecount me in sirji..
ReplyDeleteOk. That's Good.
ReplyDeleteI am in too :)
ReplyDeleteCool :)
ReplyDeleteHow you can miss me?
ReplyDelete@477bd1e8e16eeb8cb761b5d324b7dae2:disqus :)
ReplyDeleteMe me me... Thanks...
ReplyDeleteNice :)
ReplyDeleteBy the way, if you think anything is fool-proof, you are underestimating the fools.. LOLz
ReplyDeletecount on me.
ReplyDeleteThe system is fool-proof. The fools try to break the system for quick gains. :)
ReplyDeletesorry, count me in. regards.
ReplyDeleteThanks, my fascination is clear direction with limited SL
ReplyDeleteThis system will require to trade in 2 lots of Nifty futures, and may require to hedge with 2 lots of ITM options and 1 lot of OTM option. This system consists of only 3 levels. The Entry level, The Hedge Level and the Target Level.
ReplyDeleteNote: There is no SL. If we need to exit a trade in reverse trend, we will only reverse trade at the next entry level.
i am not no expert. hence request you to give simple recommendations, which to buy or which to sell.thanks
ReplyDeleteSir,GA please factor me in
ReplyDeletewill follow.sounds good.
ReplyDeleteYes Sir , please suggest levels to enter for nifty Futures .
ReplyDeleteplease count me in sirjee ..
ReplyDeleteThank you all for the overwhelming response. Will try to implement it from coming Monday.
ReplyDeleteSuggesting Nifty Futures levels is not possible as futures premium vary on many factors. But you may note the average Futures premium and place your orders accordingly.
ReplyDeleteThere will be no specific calls. You need to enter trade whenever Nifty hits the Entry level and note the Target level at that time. Book profits at the target level. Hedge only if the Hedge level is hit. I will make a detailed write-up on how to use this strategy to the best.
ReplyDeleteI am also in SR...
ReplyDeleteme tooo
ReplyDeleteHi SR i am following yr levels very much and want to tell you i gained much then lost :) U R simply GR8.
ReplyDeleteThanks for your kind comments. :)
ReplyDeleteHI SR WHR IS THE NEXT SUPPORT FOR NIFTY STILL HOLDING A PE :)
ReplyDelete@google-5bf656861192002896d929fce46af1c7:disqus 5553, 5514
ReplyDeleteSir ,
ReplyDeleteplz give some more detoals on this stmt " 2 lots of ITM options and 1 lot of OTM option"
Sir,any call for Nifty rt. now?
ReplyDeleteHi SR,
ReplyDeleteNifty oscillates near weekly support of 5620 (last seven days). What would be the direction. thanks
@3534bd8735669d4cd4a47a9877177504:disqus Good Morning. Am fine. How about you?
ReplyDelete