Real-Time Nifty Trades on 24/05/2013

May 24, 2013 8:30 AM
61 Comments
24/05/2013 09:15  Trend: Negative, SL: 5994.70
24/05/2013 09:20  Caution: Exit Shorts near 5970.42-5965.56, SL: 5994.70
24/05/2013 10:20  SL Trailed: 5985.03
24/05/2013 10:30  SL Trailed: 5980.35
24/05/2013 10:40  Sell near 5955.44-5950.46, Target: 5905.63, SL: 5980.35
24/05/2013 11:00  Caution: Exit Shorts near 5955.44-5950.46, SL: 5980.35
24/05/2013 11:10  SL Triggered, Trend: Positive, SL: 5951.37
24/05/2013 11:20  Buy near 5976.64-5981.69, Target: 6027.18, SL: 5951.37
24/05/2013 12:15  SL Trailed: 5956.10
24/05/2013 12:20  SL Trailed: 5965.56
24/05/2013 12:30  Buy near 5990.83-5995.89, Target: 6041.39, SL: 5965.56
24/05/2013 12:55  Caution: Exit Longs near 5990.83-5995.89, SL: 5965.56

NiftyIntraday24052013

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

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  1. Ravichandran RanganathanMay 24, 2013 at 8:39 AM

    Good morning to all......have a nice day.....:)

    ReplyDelete
  2. Auto ChannelsMay 24, 2013 at 8:52 AM

    @Ravichandran Ranganathan Good Morning. Have a nice day you too. :)

    ReplyDelete
  3. subinMay 24, 2013 at 9:09 AM

    GM sirji ur view on nifty ?what strategy should be taken ?

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  4. Auto ChannelsMay 24, 2013 at 9:14 AM

    @subin GM, Likely to remain flat today.

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  5. Nagaraj HegdeMay 24, 2013 at 9:20 AM

    Good Morning SR. How are you? Any advice for intraday? Looking for only 0.75 % to 1% not a big target.

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  6. Nagaraj HegdeMay 24, 2013 at 9:22 AM

    Good Morning all.

    ReplyDelete
  7. subinMay 24, 2013 at 9:27 AM

    GM..

    ReplyDelete
  8. Auto ChannelsMay 24, 2013 at 9:32 AM

    @Nagaraj Hegde Good Morning. Lets wait for markets to settle. We will get trades in plently in this volatility

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  9. Nagaraj HegdeMay 24, 2013 at 9:33 AM

    Thanks SR.

    ReplyDelete
  10. Auto ChannelsMay 24, 2013 at 9:47 AM

    Intraday AC Pivots 5904.21, 5945.95, 5987.68, 6029.41, 6071.15

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  11. Bhuvan SivaMay 24, 2013 at 9:49 AM

    GOOD MORNING SUNILJI

    ReplyDelete
  12. Bhuvan SivaMay 24, 2013 at 9:50 AM

    WAITING FOR YOUR NEXT CALL SUNILJI

    ReplyDelete
  13. Auto ChannelsMay 24, 2013 at 9:50 AM

    @SAI Good Morning. How is you health today?

    ReplyDelete
  14. Bhuvan SivaMay 24, 2013 at 9:56 AM

    I am 50% ok, something is troubling, yet to find out. Thanks for enquiring abt my health.

    ReplyDelete
  15. Ravichandran RanganathanMay 24, 2013 at 9:57 AM

    shall enter L&T.....now...

    ReplyDelete
  16. Auto ChannelsMay 24, 2013 at 10:04 AM

    Get it checked up and get well soon. Take care.

    ReplyDelete
  17. Auto ChannelsMay 24, 2013 at 10:05 AM

    Has res at 1491 and support at 1441. Overall still looks weak.

    ReplyDelete
  18. Nagaraj HegdeMay 24, 2013 at 10:13 AM

    NIKKEI 225 was 400+ points up in the morning. Now 120+ points down.

    ReplyDelete
  19. Auto ChannelsMay 24, 2013 at 10:19 AM

    @Nagaraj Hegde Don't compare Indian markets with Nikkei, Nikkei had gone up over 80% in last 6 months and 8-10% correction is very minimal compared to 2-2.5% on Nifty

    ReplyDelete
  20. ShashiMay 24, 2013 at 10:21 AM

    Sir, Good Morning.
    Is there any chances of Nifty coming down up to 5600 levels in June?

    ReplyDelete
  21. Auto ChannelsMay 24, 2013 at 10:21 AM

    Nifty hits AC Pivot of 5945.95

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  22. Auto ChannelsMay 24, 2013 at 10:22 AM

    Not sure as yet.

    ReplyDelete
  23. ShashiMay 24, 2013 at 10:25 AM

    OK, Thank you

    ReplyDelete
  24. Auto ChannelsMay 24, 2013 at 10:29 AM

    High risk trade: Buy Tatasteel near 307-307.5, Strict SL: 305.9, Targets: 313.75, 318.35

    ReplyDelete
  25. ShashiMay 24, 2013 at 10:42 AM

    Had sold at 316 & booked now at 308.. Thanks Sir

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  26. MaheshMay 24, 2013 at 10:50 AM

    Hai Sunil Ji... Good Morning...

    go with AC Sell Call.. buy 5900 PE ?

    ReplyDelete
  27. Auto ChannelsMay 24, 2013 at 10:56 AM

    @Mahesh Good Morning. Avoid entering trades above caution level

    ReplyDelete
  28. Auto ChannelsMay 24, 2013 at 10:58 AM

    Tata Steel bought @ 307, Now at 310.65, Trail SL to 307.5

    ReplyDelete
  29. Debajit BasuMay 24, 2013 at 11:00 AM

    Nice CALL sunil ji.... thanks

    ReplyDelete
  30. Auto ChannelsMay 24, 2013 at 11:07 AM

    Tatasteel First Target achieved :)

    ReplyDelete
  31. Auto ChannelsMay 24, 2013 at 11:07 AM

    Thanks and Most Welcome.

    ReplyDelete
  32. Auto ChannelsMay 24, 2013 at 11:08 AM

    Book 66% profits and trail SL to 309 for next target of 318.35 for remaining position

    ReplyDelete
  33. Auto ChannelsMay 24, 2013 at 11:33 AM

    Tata Steel fails to break above our first target level of 313.75. One may book profits in balance positions or hold with a trailing SL of 309 for next target of 318.35. Overall looks good.

    ReplyDelete
  34. Ravichandran RanganathanMay 24, 2013 at 11:44 AM

    L&T above in support level....whats your view....shall i enter now....

    ReplyDelete
  35. Auto ChannelsMay 24, 2013 at 11:53 AM

    @Ravichandran Ranganathan Avoid entering LT for intraday as it is overall weak. Selling pressure may come in from higher levels.

    ReplyDelete
  36. Auto ChannelsMay 24, 2013 at 11:54 AM

    Tata Steel is a better bet as it has given a breakout today after good results.

    ReplyDelete
  37. Ravichandran RanganathanMay 24, 2013 at 12:05 PM

    Thankyou sir......:)

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  38. subinMay 24, 2013 at 12:16 PM

    pls share ur view on bhel ?

    ReplyDelete
  39. Auto ChannelsMay 24, 2013 at 12:19 PM

    Its trading flat near major pivot of 192.6, Support: 185, Res: 200. *Highly volatile. *Bias: Negative.

    ReplyDelete
  40. Auto ChannelsMay 24, 2013 at 12:48 PM

    Book profits in Tata Steel if if falls below 310.65 keeping strict SL at 309

    ReplyDelete
  41. Auto ChannelsMay 24, 2013 at 1:01 PM

    Trail SL in Tata Steel to 310.65

    ReplyDelete
  42. Auto ChannelsMay 24, 2013 at 2:01 PM

    Tata Steel is facing stiff resistance at our pivot level of 313.75, Trail SL to 311.35, a breakout or breakdown is likely from here.

    ReplyDelete
  43. Auto ChannelsMay 24, 2013 at 2:09 PM

    Trailing SL triggered in Tata Steel at 311.35, Book full profits.

    ReplyDelete
  44. Auto ChannelsMay 24, 2013 at 2:23 PM

    The magic of trailing SL. We exit Tata Steel at 311.35 and now its at 309 :)

    ReplyDelete
  45. Auto ChannelsMay 24, 2013 at 2:27 PM

    Nifty fails to sustain above intraday pivot of 5988 and breaks down. downside targets 5946, 5905

    ReplyDelete
  46. Nagaraj HegdeMay 24, 2013 at 2:29 PM

    HI SR - Great call. But, missed...:(

    ReplyDelete
  47. Auto ChannelsMay 24, 2013 at 2:35 PM

    @Nagaraj Hegde Thanks. No issues. Always the next time

    ReplyDelete
  48. ShashiMay 24, 2013 at 2:36 PM

    Sir, requested you to post at least one intraday call like this regularly..

    ReplyDelete
  49. arjun pandaMay 24, 2013 at 2:36 PM

    good afternoon sirji can we initiate position now?

    ReplyDelete
  50. Auto ChannelsMay 24, 2013 at 2:39 PM

    Avoid now, Will initiate fresh position on Monday.

    ReplyDelete
  51. arjun pandaMay 24, 2013 at 2:40 PM

    will do that sir..

    ReplyDelete
  52. Auto ChannelsMay 24, 2013 at 2:42 PM

    Will try to post such calls. Its difficult to monitor all stocks manually. And automating this requires too much bandwidth. But am working on a small list of scrips for intraday which may be automated.

    ReplyDelete
  53. Auto ChannelsMay 24, 2013 at 2:45 PM

    Positional longs to be initiated only after breakout above 6009. Till then its short on every rise.

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  54. Auto ChannelsMay 24, 2013 at 2:47 PM

    Mid-term and long-term traders may buy Tata Steel on dips with SL below 295 for targets of 333 and 357

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  55. ShashiMay 24, 2013 at 2:54 PM

    That is more than enough Sir. Thanks a lot to you for all your kind support.

    ReplyDelete
  56. Auto ChannelsMay 24, 2013 at 2:58 PM

    Avoid holding any Nifty May PEs as PEs are highly overvalued.

    ReplyDelete
  57. Nagaraj HegdeMay 24, 2013 at 3:02 PM

    This is the great news SR.

    ReplyDelete
  58. Ravichandran RanganathanMay 24, 2013 at 3:35 PM

    Thanks to all.....have a great weekend....takecare.....bye.....

    ReplyDelete
  59. Auto ChannelsMay 24, 2013 at 3:50 PM

    Have a great weekend you too. Bye. Take Care.

    ReplyDelete
  60. rsMay 25, 2013 at 2:12 PM

    Good afternoon SR.
    I see hanging man in daily chart,it means market show some bounce or likely to drift lower?

    ReplyDelete
  61. Auto ChannelsMay 25, 2013 at 8:57 PM

    @rs Nifty is near good support levels. A bounce to 6100 is quite likely. But confirmation of upmove will only come after break above 6010. Till then its "Sell on Rise".

    ReplyDelete

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