Real-Time Nifty Trades on 10/06/02013

Jun 10, 2013 8:30 AM
92 Comments
10/06/2013 09:15  Trend: Negative, SL: 5911.30
10/06/2013 09:20  SL Triggered, Trend: Positive, SL: 5893.96
10/06/2013 09:30  Caution: Exit Longs near 5917.36-5922.04, SL: 5893.96
10/06/2013 10:15  SL Triggered, Trend: Negative, SL: 5928.41
10/06/2013 10:25  Sell near 5904.69-5899.94, Target: 5857.23, SL: 5928.41
10/06/2013 10:30  SL Trailed: 5922.60
10/06/2013 10:40  SL Trailed: 5913.49
10/06/2013 10:50  Sell near 5889.68-5884.92, Target: 5842.07, SL: 5913.49
10/06/2013 11:15  Caution: Exit Shorts near 5889.68-5884.92, SL: 5913.49
10/06/2013 12:35  SL Trailed: 5910.07
10/06/2013 12:45  Sell near 5886.81-5882.16, Target: 5840.28, SL: 5910.07
10/06/2013 01:30  Caution: Exit Shorts near 5886.81-5882.16, SL: 5910.07
10/06/2013 01:45  SL Triggered, Trend: Positive, SL: 5876.75
10/06/2013 02:10  Buy near 5899.87-5904.50, Target: 5946.13, SL: 5876.75
10/06/2013 02:35  Caution: Exit Longs near 5899.87-5904.50, SL: 5876.75
10/06/2013 02:45  SL Triggered, Trend: Negative, SL: 5913.06
10/06/2013 02:50  SL Trailed: 5895.56
10/06/2013 03:00  Sell near 5872.15-5867.47, Target: 5825.32, SL: 5895.56
10/06/2013 03:20  Caution: Exit Shorts near 5872.15-5867.47, SL: 5895.56

NiftyIntraday10062013

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

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  1. Ravichandran RanganathanJune 10, 2013 at 8:40 AM

    HI GOOD MORNING TO ALL.....HAVE A GOOD DAY.....:)

    ReplyDelete
  2. sanzy123June 10, 2013 at 9:01 AM

    hi Sunil Sir Good Morning...

    can i enter Nifty 6100CE at the opening for a target of 5950-70 on Nifty and how is RCOM looking for long today..target pls

    ReplyDelete
  3. Auto ChannelsJune 10, 2013 at 9:09 AM

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

    ReplyDelete
  4. Auto ChannelsJune 10, 2013 at 9:10 AM

    Good Morning. Wait for first 15mins. If Nifty breaks above 5911, can go long with SL of 5911.

    ReplyDelete
  5. sanzy123June 10, 2013 at 9:35 AM

    Sunil Sir


    can we short Nifty now

    ReplyDelete
  6. Auto ChannelsJune 10, 2013 at 9:38 AM

    Not yet.

    ReplyDelete
  7. SAMJune 10, 2013 at 9:38 AM

    Sir,

    Market not able to hold 5911 , now 5900 , shall we go with 5700 PE for long?

    ReplyDelete
  8. Auto ChannelsJune 10, 2013 at 9:40 AM

    Don't go short as yet.

    ReplyDelete
  9. Nagaraj HegdeJune 10, 2013 at 9:47 AM

    Good Morning SR and all here.

    ReplyDelete
  10. Auto ChannelsJune 10, 2013 at 9:48 AM

    @Nagaraj hegde Good Morning

    ReplyDelete
  11. Pramod SinghJune 10, 2013 at 9:49 AM

    Good Morning Sirji !

    ReplyDelete
  12. Kris hnaJune 10, 2013 at 9:50 AM

    Hi SR & All, Good morning

    Nifty Buy at what level?

    ReplyDelete
  13. Auto ChannelsJune 10, 2013 at 9:53 AM

    @Pramod Good Morning.

    ReplyDelete
  14. Auto ChannelsJune 10, 2013 at 9:55 AM

    @Kris hna Buy only above a clean breakout above 5911.5 (that is low of the bar is above 5911.5 and is a bullish bar) with SL at 5911

    ReplyDelete
  15. Kris hnaJune 10, 2013 at 10:02 AM

    Nifty is now range bound bet. 5900-20, how do we know a clean breakout above 5911.5?

    ReplyDelete
  16. karthikJune 10, 2013 at 10:02 AM

    Good morning SR and all.

    ReplyDelete
  17. Auto ChannelsJune 10, 2013 at 10:03 AM

    @Karthik Good Morning.

    ReplyDelete
  18. sanzy123June 10, 2013 at 10:03 AM

    Sunil Sir,


    view on JP Associates..can we short at current levels..

    ReplyDelete
  19. Nagaraj HegdeJune 10, 2013 at 10:05 AM

    SR - VIX above 18. USD/INR - 57.50. How come our market in green?

    ReplyDelete
  20. Auto ChannelsJune 10, 2013 at 10:05 AM

    The bar needs to close above the high of last 3-4 bars with close near the high of the bar and low must be above 5911.5

    ReplyDelete
  21. SAMJune 10, 2013 at 10:29 AM

    Sir,


    Shall we go with 5700 PE now?

    ReplyDelete
  22. Auto ChannelsJune 10, 2013 at 10:31 AM

    Yes, SL: 5911.5, Target: 5852.5

    ReplyDelete
  23. CraftyniftyJune 10, 2013 at 10:45 AM

    Target for nifty is 5700 in MAY series. Be cautious with your longs. Keep buying puts with sl of 5930.

    ReplyDelete
  24. Auto ChannelsJune 10, 2013 at 10:46 AM

    Positional target for PEs: 5836.60
    Positional target for CEs: 5971.54

    Trend as per Last session favours PE

    ReplyDelete
  25. Nagaraj HegdeJune 10, 2013 at 10:46 AM

    Must be June.

    ReplyDelete
  26. Auto ChannelsJune 10, 2013 at 11:25 AM

    Combination of CEs and PEs do not matter much. Its their value that has to be taken into consideration. A day closes near day high. CEs IV are high, so we reduce our CEs and we give an add-on level for the next day. The values of PEs have already depleted and enough to hedge our remaining position. In case the next day opens gap-up and moves further, we are still in our trade. On the other hand, if trend reverses the next day, we are saved a major loss due to the high change in the option IV.

    ReplyDelete
  27. guestJune 10, 2013 at 11:30 AM

    CEs IV or options IV, sir plz give meaning of "IV" in this place?

    ReplyDelete
  28. Kris hnaJune 10, 2013 at 11:35 AM

    OK Sir, But its not so easy to understand at my level as the premiums of option are changing continuously. However let it be tested practically. Welcome sir for your approach.

    ReplyDelete
  29. Auto ChannelsJune 10, 2013 at 11:40 AM

    IV stands for implied volatility. Futures and Options tend to foresee breakouts and breakout targets. If a day closes near day-high, calls will have a higher value than their fair value as most traders expect a gap-up the next day. Its only wise to take some money off the table at that time. Take the case of 05/03/2013, 6000CE closed at 25. The next day, a gap-up and consolidation, 6000CE closed at day high near 38. The next day again consolidation most of the day and 6000CE tested 19 (day low), but near end of day went up to close at 56 :)

    ReplyDelete
  30. Auto ChannelsJune 10, 2013 at 11:43 AM

    Its simple with Auto Channels, our caution level is a great indicator, options generally are underpriced below the caution level and overpriced above the entry level. :)

    ReplyDelete
  31. SAMJune 10, 2013 at 11:47 AM

    Sunil Sir,


    Plz share your view on LIC HF 280 CE

    ReplyDelete
  32. Auto ChannelsJune 10, 2013 at 11:51 AM

    Its currently trading flat. If it sustains above 269 (on hourly closing), can test 274. Support and SL below 264.

    ReplyDelete
  33. SAIJune 10, 2013 at 12:28 PM

    Hi Sunilji Good Morning. You r doing great works every day. Wish you all the best in all your endeavours.

    ReplyDelete
  34. Auto ChannelsJune 10, 2013 at 12:31 PM

    @SAI Good Morning and Thanks

    ReplyDelete
  35. sanzy123June 10, 2013 at 12:44 PM

    Sunil sir,

    holding JPassociates 60PE from 65 levels..pls suggest when to exit..can we see 62 today

    ReplyDelete
  36. CraftyniftyJune 10, 2013 at 12:44 PM

    Hi SR
    Thanks for earlier reply. 5830 will be taken out today or tomor for sure, watch dollar, omg new high
    Coming to your new strategy,it is good but options loose premiums with nearing expiry so if market is in consolidation phase, both sides will be loss.
    My request for you is to predict the trend and ride along with sl

    ReplyDelete
  37. CraftyniftyJune 10, 2013 at 12:46 PM

    Guys,
    DONT hold long positions strictly, very very risky to your capital. Nifty will fall more than 100 points today or tomorrow

    ReplyDelete
  38. Auto ChannelsJune 10, 2013 at 12:59 PM

    Yes, quite likely.

    ReplyDelete
  39. Auto ChannelsJune 10, 2013 at 1:01 PM

    SL works for spot, not for f&O. Risk/reward ratio is always high. For options, if you keep a SL, its bound to trigger most of the times even when the trend is strong. With options, you always limit your max risk, as such you may do away with SL. Yes, options do loose premiums nearing expiry. As such, we switch to next series 2-weeks before expiry. When you hold positions in both directions and add positions in the favouring trend, you will NEVER loose. (Back-tested with 3 years options data).

    ReplyDelete
  40. karthikJune 10, 2013 at 1:05 PM

    Thank you for your great effort SR. It will really help novice traders like me.

    ReplyDelete
  41. sanzy123June 10, 2013 at 1:16 PM

    Sunil sir..
    INR is at 57.80
    Vix is above 18
    Rate Cut won't be there for sure
    in spite of all these Nifty is not breaking 5870, is this strength or a 100point break is expected soon..

    ReplyDelete
  42. CraftyniftyJune 10, 2013 at 1:18 PM

    ok,then no problem. then it is fine. all the best SR..

    ReplyDelete
  43. Auto ChannelsJune 10, 2013 at 1:21 PM

    Nifty has very strong supports in this region of 5830-5880. Breaking this would be tough. However, a break may trigger a 200 points fall. As such keep positions hedged.

    ReplyDelete
  44. sanzy123June 10, 2013 at 1:26 PM

    Sunil sir,.
    how is United Spirits looking..getting good suppot around 2480-90 levels..
    can we enter fro long here

    ReplyDelete
  45. Auto ChannelsJune 10, 2013 at 1:28 PM

    Its in a consolidation phase. Wait for a positive close above 2515 to enter fresh longs.

    ReplyDelete
  46. sanzy123June 10, 2013 at 1:45 PM

    Sunil sir,


    when to enter 6100CE

    ReplyDelete
  47. Auto ChannelsJune 10, 2013 at 1:51 PM

    For our new Option Trading System, we will trade in units.

    What are units?
    As per your risk appetite and your trading capital, you may chose your unit size. We may at most hold 4 units. So if your unit size is 3000/-, so you should have a trading capital of at least 12,000/-. So if its recommended to buy 2 units of CE, you need to buy ATM/OTM options worth 6,000/- (keep a 10% lower margin to accommodate options 5400-6000 in this case).

    We will resize our favourable units at targets or at day-end.

    Current Targets for CE: 5971.54
    Current Targets for PE: 5836.60

    ReplyDelete
  48. Auto ChannelsJune 10, 2013 at 1:52 PM

    Wait for a sustained breakout above 5911.5.

    ReplyDelete
  49. arjun pandaJune 10, 2013 at 2:08 PM

    Good Afternoon Sir, Can you give an example like which option should we consider as per the option trading system?

    ReplyDelete
  50. SAMJune 10, 2013 at 2:12 PM

    unil ,


    Bit difficult to understand iniatily.
    for simply view Shall we go 2 lot of 6100 CE ( for target 5971.54 ) and 2 lot 5700 PE ( for target 5836.60 ) , plz confirm?

    ReplyDelete
  51. SAMJune 10, 2013 at 2:13 PM

    Sunil Sir,

    Bit difficult to understand initatily.
    for simply view Shall we go 2 lot of 6100 CE ( for target 5971.54 ) and 2 lot 5700 PE ( for target 5836.60 ) , plz confirm?

    ReplyDelete
  52. Auto ChannelsJune 10, 2013 at 2:14 PM

    @Guest Good afternoon. Say, its recommended to buy 1 unit of CE and your unit size is 5000. And say spot is near 5910 and 6000CE is near 57, and 6100CE is near 28, and 6200CE is near 14, you may buy 1x6000CE + 1x6100CE + 1x6200CE for a nett value of 4950 (within 4500-5000).

    ReplyDelete
  53. Raj TJune 10, 2013 at 2:15 PM

    Sunil sir,

    Your site is very nice and great calls every day. Great work.

    I wish all the best for this initiative on options trading.

    ReplyDelete
  54. arjun pandaJune 10, 2013 at 2:15 PM

    we have to both ce and pe at the same time?

    ReplyDelete
  55. Auto ChannelsJune 10, 2013 at 2:15 PM

    Wait till day end for entering fresh trades

    ReplyDelete
  56. Auto ChannelsJune 10, 2013 at 2:18 PM

    We will enter trade for only one direction near day-end. We will take the trade in other direction only on a trend change the next day.

    ReplyDelete
  57. sanzy123June 10, 2013 at 2:43 PM

    Sunil sir,


    it seems Nifty is respecting 5980 levels..does that signal support around that levels..i guess INR weakness is getting digested...Nifty might take support around current levels and move up..

    ReplyDelete
  58. Auto ChannelsJune 10, 2013 at 2:46 PM

    Nifty seems to break down as its seeing selling pressure at higher levels.

    ReplyDelete
  59. ShashiJune 10, 2013 at 2:47 PM

    Hi Sir,
    Good evening :)

    ReplyDelete
  60. Sohan PatilJune 10, 2013 at 2:47 PM

    Hello SR,


    Can a close above 5905 will take nifty to higher levels???.


    Sohan

    ReplyDelete
  61. CraftyniftyJune 10, 2013 at 2:48 PM

    How is the fall??? Anyone got saved??

    ReplyDelete
  62. Auto ChannelsJune 10, 2013 at 2:49 PM

    @shashi Good afternoon.

    ReplyDelete
  63. Auto ChannelsJune 10, 2013 at 2:50 PM

    Seems unlike now. lets see.

    ReplyDelete
  64. CraftyniftyJune 10, 2013 at 2:51 PM

    Hold puts with same sl 5930 and hold for 2 more days. rupee may fall to 59 in this week.

    ReplyDelete
  65. Nagaraj HegdeJune 10, 2013 at 3:00 PM

    Looks like only RIL is holding the market from further fall. If it fails to hold, then....

    ReplyDelete
  66. sanzy123June 10, 2013 at 3:04 PM

    Sunil sir..


    can we enter 5700PE around 5870 levels..

    ReplyDelete
  67. Auto ChannelsJune 10, 2013 at 3:07 PM

    We will take positions near day-end.

    ReplyDelete
  68. SAMJune 10, 2013 at 3:08 PM

    Sir ,


    Waiting for your advice to take position.

    ReplyDelete
  69. SAIJune 10, 2013 at 3:21 PM

    OOPS. ALL TRADES TRIGGERING TODAY.

    ReplyDelete
  70. Auto ChannelsJune 10, 2013 at 3:25 PM

    Buy 2 units of PE. Target: 5836.6, 5820.64
    If not holding previous CE, Buy 1 unit of CE

    ReplyDelete
  71. arjun pandaJune 10, 2013 at 3:30 PM

    Apology for asking again. is our unit size is rs 6000.00?

    ReplyDelete
  72. ShashiJune 10, 2013 at 3:32 PM

    Holding 5700 PE & 6200 CE.. Is that ok Sir?

    ReplyDelete
  73. Auto ChannelsJune 10, 2013 at 3:32 PM

    Its up to your risk appetite and trading capital. You may choose your unit size. At most we will hold 4 units. So need to have capital for 4 units.

    ReplyDelete
  74. Auto ChannelsJune 10, 2013 at 3:33 PM

    That should be fine.

    ReplyDelete
  75. ShashiJune 10, 2013 at 3:34 PM

    OK Thanks Sir..
    Bye for the day n see u tomorrow :)

    ReplyDelete
  76. Auto ChannelsJune 10, 2013 at 3:35 PM

    Most Welcome. Bye. Take care.

    ReplyDelete
  77. SAMJune 10, 2013 at 3:49 PM

    Sunil Sir,

    for example If unit size is 6000 rs then should we go with 1 * 5700 PE + 1 * 5600 PE like wise ....!!

    ReplyDelete
  78. Auto ChannelsJune 10, 2013 at 4:11 PM

    If unit size is 6000, 5800PE is 51, 5700PE is 27, 5600PE is 14 and you need to buy 2 units, you may buy 4x5800PE + 1x5700PE or 9x5700PE or any other combination so that the nett value is within 11200-12000.

    ReplyDelete
  79. sonu2938June 10, 2013 at 4:37 PM

    Sir I am holding 30 lots of 6200 CEs (@ 18 each) and 6 lots of 5800 PEs (@ 56 each) . Please advice.

    ReplyDelete
  80. SAMJune 10, 2013 at 4:38 PM

    Thanks for the details sir, So if my unit size is 6000 rs,then my total investment would be around 18000 . ( As per ur advice we need to enter 2 PE and 1 CE ).

    ReplyDelete
  81. Auto ChannelsJune 10, 2013 at 5:03 PM

    Book profits in 4 lots of 5800PE at 5836.6. Then wait for next entry for PE,

    ReplyDelete
  82. Auto ChannelsJune 10, 2013 at 5:04 PM

    Yes, We may at most hold 4 units. so adjust your unit size accordingly.

    ReplyDelete
  83. Ravichandran RanganathanJune 10, 2013 at 5:34 PM

    it is hereby notified that the following security will be suspended from
    trading w.e.f. June11, 2013. Scrip Name: JSW ISPAT Steel Limited

    ReplyDelete
  84. Kris hnaJune 22, 2013 at 12:27 AM

    Choosing the combination of PEs & CEs at the time of entering is to be very crucial.

    ReplyDelete
  85. SundarJune 22, 2013 at 12:28 AM

    Sir,
    Unknowing that strategy - we are loosing great chunk of money.

    ReplyDelete
  86. SAMJune 22, 2013 at 12:28 AM

    Indeed Agree with you sir...

    ReplyDelete
  87. SundarJune 22, 2013 at 12:28 AM

    Sir,

    Good Morning. Great News for the ardent followers.

    ReplyDelete
  88. SAMJune 22, 2013 at 12:28 AM

    Good news sir, congratulation J J...

    ReplyDelete
  89. Nagaraj HegdeJune 22, 2013 at 12:28 AM

    Thank you SR. Really happy to see you coming up time and again with one or other system to help us all...

    ReplyDelete
  90. Kris hnaJune 22, 2013 at 12:28 AM

    Thanks

    ReplyDelete
  91. Nagaraj HegdeJune 22, 2013 at 12:28 AM

    Hhmm

    ReplyDelete
  92. Auto ChannelsJune 22, 2013 at 12:28 AM

    Can short on a bounce. Can see 62.75

    ReplyDelete

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