02/07/2013 09:15 Trend: Positive, SL: 5867.59
02/07/2013 09:20 Caution: Exit Longs near 5889.50-5893.88, SL: 5867.59
02/07/2013 01:55 SL Triggered, Trend: Negative, SL: 5895.25
02/07/2013 02:05 Sell near 5873.31-5868.92, Target: 5829.44, SL: 5895.25
02/07/2013 03:05 SL Trailed: 5889.88
02/07/2013 03:15 Sell near 5868.08-5863.72, Target: 5824.48, SL: 5889.88

02/07/2013 09:20 Caution: Exit Longs near 5889.50-5893.88, SL: 5867.59
02/07/2013 01:55 SL Triggered, Trend: Negative, SL: 5895.25
02/07/2013 02:05 Sell near 5873.31-5868.92, Target: 5829.44, SL: 5895.25
02/07/2013 03:05 SL Trailed: 5889.88
02/07/2013 03:15 Sell near 5868.08-5863.72, Target: 5824.48, SL: 5889.88
GOOD MORNING SR.
ReplyDelete@Nagaraj hegde Good Morning.
ReplyDeleteSir,
ReplyDeleteGood Morning. Any expected levels for today.
SR - Is this the good level to buy Banknifty for intraday?
ReplyDelete@Sundars Good Morning. Nifty may test major Resistance at 5935. Book profits in all longs near 5927-35.
ReplyDeleteGood Entry level: 11676, Support: 11631, Resistance: 11802
ReplyDeleteThanks Sir.
ReplyDeleteGM Sunil Sir. What is the entry level for going long in Nifty?
ReplyDelete@Sundars GM, Can go long near 5885, with SL at 5867
ReplyDeleteHi SR, Good morning
ReplyDelete@Kris hna Good Morning.
ReplyDeleteHi Sunilji Good Morning
ReplyDeleteThanks Sir!!
ReplyDelete@SAI Good Morning.
ReplyDeleteThanks SR. Lets see whether we get that level again today.
ReplyDeleteSRji, pls give levels for SBI, Axis & ICICI Banks
ReplyDeleteS/R:
ReplyDeleteSBI: 1998/2041
Axis: 1335/1372
ICICI: 1070/1096
THANKS JI
ReplyDeleteSR - Again 11670. Buy now?
ReplyDeleteSeems markets may remain flat today. Can enter it with strict SL
ReplyDeleteCan we now expect Nifty may test 5927 today?
ReplyDeleteNifty is consolidating after the large rally. May likely remain flat today.
ReplyDeleteOk, then upto what level we can hold our Nifty longs
ReplyDeleteHold with SL at 5867. Nifty may test 5927-35 after some consolidation near day-end or tomorrow.
ReplyDeleteThanks sir,
ReplyDeleteHi SR,
ReplyDeleteIn the nifty short strangle , for each switch we are loosing 20 points, irrespective of nifty moving up or down.So, our premium of 250 points at the beginning may end up in loss if we do about 12 switches.Am I right ?
@ravi Short strangles are best during flat/range bound markets. During sharp rallies, we don't get opportunities to capitalize on decay. We will need to wait till markets turns flat/range bound again. (Generally near major resistances/supports)
ReplyDeleteHey Sunil, GA... Awsome levels again #Respect
ReplyDelete@Paritosh GA, Thanks :)
ReplyDeleteSir can we initiate positional shorts with SL of 5950 .
ReplyDeleteHi good morning to all......can enter 5800 PE one lot now or wait.....
ReplyDeleteSunilji, Thanks for the levels in SBI & Axis. Booked some. :)
ReplyDelete@sonu2938 Wait for now. Short below 5867
ReplyDelete@Ravichandran Ranganathan Good Morning. Wait for now. This a consolidation phase and likely to head to 5927-35. Go short if 5867 is breached.
ReplyDeleteThank you sir....have a good day....your levels are awesome..
ReplyDeleteAlways Welcome and Thanks. Have a nice day you too.
ReplyDeleteIts getting boring now... stuck bw 5867 and 5890... yawwwnnnn
ReplyDeleteWas expected. :)
ReplyDeletestop loss 5867 triggered....can enter 5800 pe now.....
ReplyDeleteWait for AC signal.
ReplyDeleteShort with caution, as buying may be seen from lower levels. Keep qty low.
ReplyDelete5900 call buy @ 80 T 96/102 Sl 75
ReplyDeleteSunilji just recd. this msg. what u say??
ReplyDeleteThis breakdown shows first signs of weakness setting in. However, I feel Nifty will likely test resistance before going down. Target for longs at 5924.
ReplyDeleteWent for lunch and SL hit :(
ReplyDeleteShould I exit now?
if you are holding CE at zero-risk, hold it, Nifty may likely test 5924-35 before heading south. Can keep positional SL at 5830
ReplyDeletei squared off around 6100CE around 27 yesterday and reentered today @25 in small qty. Zero risk - depends on your point of view but i can afford to lose some as the qty is low, so I guess, I'll hold.
ReplyDeleteOk. that's fine. However add a few PEs on any bounce as well.
ReplyDeleteI am planning to enter puts around 5920, please correct this if required. Also, if possible, suggest a put to enter with high RR Ratio. Thanks for the guidance.
ReplyDeleteYes, That's fine.
ReplyDeletePlease suggest a PUT, shall I go with 5700PE?
ReplyDeleteyes, 5700/5600 would be good.
ReplyDeleteAwsome...
ReplyDeleteNifty Futures come in premium. Buying interest being seen. Keep caution on shorts.
ReplyDeleteshall i square of my 5800 PE @ 75 one lot on tomorrow.......
ReplyDelete@Ravichandran Ranganathan Hold for now. Hedge with a CE above 5877.
ReplyDelete