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
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
Good Morning Sir..
ReplyDelete@face9f0de130a2addb6c4f67dc43ddc9:disqus Good Morning.
ReplyDeleteGood Morning Sir
ReplyDeleteSir,
ReplyDeleteGood Morning.
@4af7be837abde4d74902d41c7ba1e0c3:disqus Good Morning
ReplyDeleteGood Morning Sir.
ReplyDelete@c284fe742f709fa1d938ca707731778a:disqus Good Morning
ReplyDeleteGood morning sunil. bot TM 280 ce @3.4. shall i hold or book profit.
ReplyDeletewat is the support & resistance
@155c0b5ebd254a818cb45c020caf28a8:disqus Good Morning. Strong res near 276. Can book on rise
ReplyDeleteGM sir please share your views on titan. can I buy it
ReplyDelete@9e8aa6c8b0dfe980ef17741ed8f7d8f2:disqus GM. Has res near 251.5. Wait for break above it.
ReplyDeletePlease avoid any Trade signals given within first 15-mins of trading session especially on a gap opening.
ReplyDeletethanks sir
ReplyDeletethank u sunil
ReplyDeleteSir can we buy some nifty PE's or wait?
ReplyDeleteWait for break of support.
ReplyDeletehi sunil! shall i buy 5600 pe now
ReplyDeleteOK, thank you
ReplyDelete@karth79:disqus Wait for break of support
ReplyDeleteSir,
ReplyDeleteHow do you see Reliance from here?
@477bd1e8e16eeb8cb761b5d324b7dae2:disqus Strong support at 775. Buy advisable only above 800.
ReplyDeletesir please share your views on infy
ReplyDeleteGM Sirji !
ReplyDeleteCan longs now be initiated?
@disqus_3OQ7Zn2rPO:disqus Has strong support near 2270, can bounce back to 2335.
ReplyDelete@053b8469fc00caf7381d26b11dff3fff:disqus Not yet.
ReplyDelete5707-5712 are exit levels for longs. Exit all long trades for now. Wait for break of either resistance / support for fresh trades in Nifty.
ReplyDelete0k. thank u sir.
ReplyDeletesir where is resistance/support for now?
ReplyDeleteDay's high and day's low :)
ReplyDeleteSir can we go long once it crosses 5720 on upside.
ReplyDeleteWait for the next signal on Auto Channels
ReplyDeleteHi SR , your view on dlf ......can enter ce....???
ReplyDelete@ff25f58cfe748d94d3001b43856ac531:disqus Can enter above 251 for target of 265.5
ReplyDeletewhat SL to maintain?
ReplyDelete246.5
ReplyDeleteok .....thank you......
ReplyDeleteOK, Thanks Sir..
ReplyDeletesir where is the next support in titan
ReplyDeleteTrade with caution in low qty. Momentum is weak.
ReplyDelete240
ReplyDeleteSir,
ReplyDeleteHow do you see Rel Capital?
Can be enter on dips near 338-39 with SL at 335. Has resistance near 347. Momentum is not strong. Trade with caution in low qty.
ReplyDeleteThanks Sir.
ReplyDeleteSir can we buy 5600 PE now .
ReplyDeleteToo much volatile market ..
ReplyDelete@Shashi_Shetty:disqus yes.
ReplyDeleteSunil Sir ,
ReplyDeleteI am not able to see any update after " 01:50 Caution: Exit Shorts near 5691.51-5686.86, SL: 5714.77" this. plz have a look at u r end
@035598dd37893e112a070de1f395ccef:disqus Its all okay here. Pls check the update time shown on the chart.
ReplyDeleteSir can we do some option writing in pair , as next week is expiry .
ReplyDelete@google-c284fe742f709fa1d938ca707731778a:disqus Nothing as yet. Options may be quite volatile.
ReplyDeleteHai.. Sunil Ji... Good Afternoon...
ReplyDeleteHolding 5700 PE at 71... hold till tomorrow or exit...please suggest
@3eb64112ec14848547530d9e90c96d87:disqus Good Afternoon. May hold with a Sl of 5715. Can see 5645 tomorrow.
ReplyDeleteCan we buy some PE's in small qty now?
ReplyDeleteAvoid new entry as of now.
ReplyDeleteOK sir, Thanks
ReplyDeleteBye sir,
ReplyDeletehave a nice evening :)
Sir,
ReplyDeleteThanks for all the Guidance today.
@Shashi_Shetty:disqus Have a nice evening you too. Take care
ReplyDelete@477bd1e8e16eeb8cb761b5d324b7dae2:disqus Most Welcome
ReplyDeleteis pantaloon a buy or sell at current levels.Wat will be target by this expiry
ReplyDeleteSir, its now Future Retail .
ReplyDeleteFRL
ReplyDeleteThanls shashi
ReplyDeleteSir,
ReplyDeletein ur sysytem golden line is use for exit position or hedge, some time it give back eithout hit SL? hedge or exit is best option??
Overall looks weak. Has support at 132. Avoid it as of now.
ReplyDeleteSir , I am just trying to understand the trading with "auto channels Trade signal" ... We shall buy / short (depending on signal) 2 lots of Nifty . We shall book profit in 1 lot when it touches light blue line and 2nd lot to be booked , when it touches dark blue line . And we should come out of trade , when it does a re-testing of our entry levels . Sir Please explain when to hedge and how do we hedge (by buying At the money PUT / CALLS options of 2 lots .
ReplyDelete@google-c284fe742f709fa1d938ca707731778a:disqus I'm currently working on a fool proof system of Hedged trading with Auto Channels. I've already back-tested the same on past data but currently beta-testing it myself in live trading. I will give a detailed write-up of the same sometime soon (maybe this weekend).
ReplyDeleteTo give a brief idea of the system:
We always enter 1 lot of futures at a time and buy 1 lot of ITM/ATM hedge.
if the trade moves in our favour and we get another entry signal and the golden line moves past our previous entry level, we add another lot with hedge. We will book profits only at the target level (Dark Blue Line). We will keep adding lots and booking profits till our trend remains favourable.
If ever the price breaches the golden line, we will wait to exit all our holdings at the entry level.
We will not follow any SL for the trade. However, we will reverse our trade only if we get an entry signal in the reverse direction (this avoids many whipsaws).
Ok Sir , for eg. if trend is UP and we buy 1 lot @ first signal (eg. 5719) , 2nd lot @ 2nd signal (eg. 5735) , 3rd lot @ 3rd signal (eg. 5755) and if target of 1st signal is let's say 5754 . So we book profit in 1 lot @ 5754. Assuming Nifty moves little higher around 5770 and start coming down and breaches golden line around 5745 . So we have to wait for 5755 (the entry level of 3rd signal) and need to exit all the lots at 5755. Please rectify if I am wrong.
ReplyDeleteYes, that's precisely the way to trade on auto channels.
ReplyDeleteOk Sir Thanks . Only 1 last doubt . If after buying 1 lot , nifty goes against our favour and goes below golden line. Then we need to cover hedge position (ITM/ATM option) near golden line and wait for our entry point to exit futures lot near 1st signal or we need to exit both future and hedge option together near our 1st entry signal.
ReplyDeleteWe will need to exit futures and hedge simultaneously whatever be the case.
ReplyDeleteSee the power of hedging and not using SL in last weeks' trading sessions
When the first buy signal is generated and we enter trade, we do not get a chance to exit at cost and we are stopped out using SL. But as we are hedged, we would only reverse trade when a reverse signal is generated. As such we are saved a whipsaw.
See the next Sell signal again, the trade moves ahead and gains profit but we are suddenly stopped out, but with hedged trading, we hold it as no buy signal is generated. The next day is a gap-down and we are in profits :)
Ok Sir , Thanks a lot . for hedge , which 1 to prefer ITM or ATM . As ITM moves exactly with futures , so can we go for ATM .
ReplyDeleteWe will need to calculate the cost of hedging before we decide whether to use ATM or ITM option. I will explain this in detail in my write-up. As of now, as expiry is close, use only ITM options to hedge.
ReplyDeleteok sir , got it . Thanks .
ReplyDeleteThanks for the explanations sirji...was hit twice on wrong trade :(
ReplyDelete@disqus_AN92IvpwhZ:disqus Most Welcome. Today was a classic example. See my trades for today, bought NF @ 5715 and 5700CE @ 39, exit at 5692 and 57. Short NF @ 5692 and 5700PE @ 42 and exit @ 5686 and 42.5. Capital protected with hedged trading.
ReplyDeleteCool.But sir if we always hedge our position don t we keep loosing the other way if trade goes in our favour?
ReplyDelete@disqus_AN92IvpwhZ:disqus If trade goes in our favour, our loss will always be lesser than our gains. I'll explain this in cost of hedging. For now, if you look at my trades, NF at 5715 and hedge at 40 and our target is 5760. Had NF reached 5760, and even if our hedge had lost 50%, we would have gained. Gain in NF 5760-5715=45, Loss in hedge 40-20=20. Nett gain 25
ReplyDelete@vikas I think that scrip had a name change. Can you please let me know the new name?
ReplyDelete@EKY I changed the hedge option to exit near entry level. This has many benefits. After proper back-testing, I found out that over 80% of the times, the entry level is retested before a trend reversal. As such we could exit trade at cost or at decent profits over 80% of times even if the trend reverses. If the trend continues, we could re-enter higher at the next trade signal. Hedging could be done during entry to avoid any major losses.
ReplyDelete