Real Time Nifty Trades on 17/05/2013

May 17, 2013 8:30 AM
77 Comments
17/05/2013 09:15  Trend: Positive, SL: 6149.68
17/05/2013 02:15  SL Triggered, Trend: Negative, SL: 6180.55
17/05/2013 02:25  Sell near 6159.74-6155.57, Target: 6118.11, SL: 6180.55
17/05/2013 02:55  Caution: Exit Shorts near 6159.74-6155.57, SL: 6180.55
17/05/2013 03:05  SL Triggered, Trend: Positive, SL: 6148.30
17/05/2013 03:10  SL Trailed: 6161.43
17/05/2013 03:20  Buy near 6182.41-6186.61, Target: 6224.37, SL: 6161.43

NiftyIntraday17052013

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

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  1. subinMay 17, 2013 at 9:23 AM

    GM sirji....

    ReplyDelete
  2. Auto ChannelsMay 17, 2013 at 9:24 AM

    @subin GM

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  3. ShashiMay 17, 2013 at 9:29 AM

    Good Morning Sir..
    Whether the trend is still positive?

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  4. Auto ChannelsMay 17, 2013 at 9:30 AM

    @Shashi Good Morning. Yes

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  5. jkMay 17, 2013 at 9:32 AM

    my i enter jp associat 85ce june
    if ok give me sl
    regards

    ReplyDelete
  6. ShashiMay 17, 2013 at 9:35 AM

    OK, thank you sir

    ReplyDelete
  7. Auto ChannelsMay 17, 2013 at 9:37 AM

    @jk Don't make fresh entries on it as yet.

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  8. ShashiMay 17, 2013 at 9:49 AM

    Shall we exit the positional longs if 6149 breaks ?

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  9. Mahender ReddyMay 17, 2013 at 9:51 AM

    Good morning Sunil/Everyone.

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  10. Auto ChannelsMay 17, 2013 at 9:51 AM

    Positional SL is 6108.

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  11. arjun pandaMay 17, 2013 at 9:51 AM

    nifty options are loosing premium drastically..

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  12. Kris hnaMay 17, 2013 at 9:57 AM

    Hi SR & All, Good morning

    Can i hedge 6200PE if nifty breaks 6149 to keep SL 6108

    ReplyDelete
  13. Auto ChannelsMay 17, 2013 at 10:12 AM

    @Mahender Reddy Good Morning

    ReplyDelete
  14. Auto ChannelsMay 17, 2013 at 10:13 AM

    @arjun panda Good Morning. Option premiums are dependat on market sentiments. With weekend coming in, some profit booking in options is being seen.

    ReplyDelete
  15. Auto ChannelsMay 17, 2013 at 10:14 AM

    @Kris hna Good Morning. yes

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  16. ShashiMay 17, 2013 at 10:19 AM

    OK, thanks sir

    ReplyDelete
  17. Ravichandran RanganathanMay 17, 2013 at 10:25 AM

    Good morning to all.....shall i go sell L&T.....? have a good day.....

    ReplyDelete
  18. shampaMay 17, 2013 at 10:25 AM

    GM sir. Can I buy Ambuja cement. If yes please mention the target and sl

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  19. Auto ChannelsMay 17, 2013 at 10:28 AM

    @Ravichandran Ranganathan Don't go short on it. Buy on dips.

    ReplyDelete
  20. Auto ChannelsMay 17, 2013 at 10:30 AM

    @shampa GM. Has strong resistance near 193-194. Don't go long as yet.

    ReplyDelete
  21. Ravichandran RanganathanMay 17, 2013 at 10:32 AM

    Thank you sir.........:)

    ReplyDelete
  22. Kris hnaMay 17, 2013 at 10:45 AM

    Sir, whats your view on Nifty today?

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  23. Auto ChannelsMay 17, 2013 at 10:47 AM

    Nifty is still continuing the flag pattern on hourly charts, breakout is awaited.

    ReplyDelete
  24. Kris hnaMay 17, 2013 at 10:52 AM

    Breakout at what level?

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  25. Auto ChannelsMay 17, 2013 at 10:56 AM

    Day's high

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  26. Kris hnaMay 17, 2013 at 10:59 AM

    Thank you sir

    ReplyDelete
  27. shampaMay 17, 2013 at 11:12 AM

    ok. Thank you sir.

    ReplyDelete
  28. SAMMay 17, 2013 at 12:07 PM

    Sir ,

    U r view on ITC ?

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  29. Auto ChannelsMay 17, 2013 at 12:13 PM

    @SAM Overall looks weak, resistance at 341

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  30. Mahender ReddyMay 17, 2013 at 12:18 PM

    NIFTY forming lower lows and lower high in intraday, May crack. Usually Fridays Will be more volatile compare to other days, better stay light on your volumes.
    Happy Trading.

    ReplyDelete
  31. subinMay 17, 2013 at 12:38 PM

    sirji pls share ur view on bharti and tatamotors

    ReplyDelete
  32. Ravichandran RanganathanMay 17, 2013 at 12:41 PM

    Nifty not shows much move ment......its go for downtrend....?

    ReplyDelete
  33. Mahender ReddyMay 17, 2013 at 12:53 PM

    not exactly, short rally can be expected from here (It is my View, lets check with Sunil).

    ReplyDelete
  34. Kris hnaMay 17, 2013 at 12:56 PM

    whether Nifty initiated the breakout?

    ReplyDelete
  35. Ravichandran RanganathanMay 17, 2013 at 12:59 PM

    Thank you Sir....

    ReplyDelete
  36. Auto ChannelsMay 17, 2013 at 1:04 PM

    Both are overall range bound with positive bias, Supports at 313 and 303

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  37. Auto ChannelsMay 17, 2013 at 1:06 PM

    @Ravichandran Ranganathan Nifty is forming a flag formation on the hourly charts. Should likely give a breakout above the day's high and head to 6220, 6250 levels.

    ReplyDelete
  38. arjun pandaMay 17, 2013 at 1:22 PM

    Thank u Sir...

    ReplyDelete
  39. subinMay 17, 2013 at 1:27 PM

    an i enter nifty 6200 ce now ?

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  40. Ravichandran RanganathanMay 17, 2013 at 1:40 PM

    shall i enter L&T right now....or shall i wait......thanks.

    ReplyDelete
  41. Auto ChannelsMay 17, 2013 at 1:40 PM

    Make fresh entries after next Trade signal.

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  42. Ravichandran RanganathanMay 17, 2013 at 1:52 PM

    Thanks Mahender Reddy....

    ReplyDelete
  43. Ravichandran RanganathanMay 17, 2013 at 2:01 PM

    Hi reddy shall enter L&T now or shall i wait.....

    ReplyDelete
  44. Mahender ReddyMay 17, 2013 at 2:23 PM

    Most welcome Ravi :)

    ReplyDelete
  45. arjun pandaMay 17, 2013 at 2:25 PM

    Good Afternoon Sirji can i add position to my existing ces for the positional call?

    ReplyDelete
  46. Mahender ReddyMay 17, 2013 at 2:27 PM

    Hello Ravi,


    for intraday, buy on dips with Tight StopLoss.
    Don't carry postional trades as of now. (Friday spl effects upset us anytime, and weekend is ahead).


    Thanks
    Mahy

    ReplyDelete
  47. Mahender ReddyMay 17, 2013 at 2:30 PM

    Please don't add new positions, wait till Monday.

    ReplyDelete
  48. arjun pandaMay 17, 2013 at 2:33 PM

    i am cool with that...my positions 6300ce 8 lots at avg price of 31.00 and 1 lot of 6100pe at 48...kindly let me know when to exit..thanks..

    ReplyDelete
  49. JitMay 17, 2013 at 2:33 PM

    can i buy puts now? sell signal generated.

    ReplyDelete
  50. Auto ChannelsMay 17, 2013 at 2:46 PM

    Good Afternoon, Don't add more. Revise SL to 6129

    ReplyDelete
  51. Auto ChannelsMay 17, 2013 at 2:46 PM

    Don't buy positional puts as yet.

    ReplyDelete
  52. subinMay 17, 2013 at 2:55 PM

    sirji can i carry my positional call 6300 ce to nxt week ?

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  53. Mahender ReddyMay 17, 2013 at 3:03 PM

    Hope we missed LT move from 1588 to 1610

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  54. Mahender ReddyMay 17, 2013 at 3:05 PM

    Book profits on 6300CE (half the position, It is my advise).
    U can hold on to rest.

    ReplyDelete
  55. Mahender ReddyMay 17, 2013 at 3:06 PM

    WOW, Crompton Greaves Move 10%.
    I was holding it in cash. :) Lucky me.

    ReplyDelete
  56. Mahender ReddyMay 17, 2013 at 3:13 PM

    Friday Spl Effects came late today, Last 20mins of the trading left.
    I would book my profits on calls now and will reenter on the monday.
    I don't want to risk profits on table.
    Better to be safe than sorry. :)

    ReplyDelete
  57. Mahender ReddyMay 17, 2013 at 3:16 PM

    Sunil,


    Levels for BHEL pls, (I'm holding them in CASH).


    Thanks
    Mahy

    ReplyDelete
  58. arjun pandaMay 17, 2013 at 3:20 PM

    thank u sir...

    ReplyDelete
  59. Mahender ReddyMay 17, 2013 at 3:24 PM

    Most welcome Arjun.

    ReplyDelete
  60. Auto ChannelsMay 17, 2013 at 3:25 PM

    yes.

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  61. Auto ChannelsMay 17, 2013 at 3:27 PM

    Bhel may give a breakout. Resistance near 202 (already above it)

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  62. Auto ChannelsMay 17, 2013 at 3:29 PM

    For those holding positional Call, Trail SL to 6155

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  63. Auto ChannelsMay 17, 2013 at 3:33 PM

    On Monday, If Nifty opens gap-up near 6215-20, book 50% at opening.

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  64. Mahender ReddyMay 17, 2013 at 3:36 PM

    That's good news.
    Thanks for the Update Sunil

    ReplyDelete
  65. ShashiMay 17, 2013 at 3:38 PM

    Thanks for all the updates sir..
    Have a nice weekend :)

    ReplyDelete
  66. Ravichandran RanganathanMay 17, 2013 at 3:49 PM

    Thank you Reddy and sunil enter L&T @ 1881 and sold @ 1624......have a great weekend......thanks a lot.........shall i enter again L&T dip.....

    ReplyDelete
  67. Mahender ReddyMay 17, 2013 at 4:17 PM

    Wow, That's very nice and handsome trade Ravi.
    Keep up the good work.


    Wait till Monday, I don't prefer to advise at this juncture for intraday.


    Happy weekend,


    Most welcome
    Mahy

    ReplyDelete
  68. JitMay 17, 2013 at 4:49 PM

    looks like nifty is headed to 6300 to squeeze more shorts. where do you think may series expiry? above 6300?
    And please post weekly chart with automated signals in side panel.

    ReplyDelete
  69. Auto ChannelsMay 17, 2013 at 5:42 PM

    Most Welcome. Have a nice weekend you too.

    ReplyDelete
  70. Auto ChannelsMay 17, 2013 at 5:44 PM

    Nice trade :) Have a great weekend you too. :)

    ReplyDelete
  71. Auto ChannelsMay 17, 2013 at 5:57 PM

    Not sure of expiry as yet. Working on the charts

    ReplyDelete
  72. JitMay 17, 2013 at 6:29 PM

    is gold good to invest in current market price? please suggest at what price gold shall be started buying?

    ReplyDelete
  73. Ravichandran RanganathanMay 17, 2013 at 6:51 PM

    Thank very much Mahender Reddy for your support.....

    ReplyDelete
  74. Ravichandran RanganathanMay 17, 2013 at 6:52 PM

    i succeed because of your support....thank you very much.

    ReplyDelete
  75. Auto ChannelsMay 18, 2013 at 9:32 PM

    Invest in Gold in SIP for long term. Will always yield very good returns.

    ReplyDelete
  76. JitMay 19, 2013 at 2:01 PM

    Thanks sir but my brother wants to buy in open market by the time it bottomed out. please share your view by looking into gold charts. have you added gold chart to autochannels for buy-sell signals? Thanks for your support and guidance.

    ReplyDelete
  77. Auto ChannelsMay 19, 2013 at 10:28 PM

    Most Welcome. Not tracking commodities as yet.

    ReplyDelete

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