Real-Time Nifty Trades on 08/07/2013

61 Comments
08/07/2013 09:15  Trend: Positive, SL: 5860.82
08/07/2013 09:20  SL Triggered, Trend: Negative, SL: 5841.64
08/07/2013 09:25  SL Trailed: 5827.86
08/07/2013 09:30  SL Trailed: 5823.79
08/07/2013 09:35  SL Trailed: 5818.33
08/07/2013 09:45  Sell near 5796.66-5792.32, Target: 5753.30, SL: 5818.33
08/07/2013 10:05  SL Trailed: 5810.79
08/07/2013 10:15  Sell near 5788.92-5784.55, Target: 5745.18, SL: 5810.79
08/07/2013 12:35  Caution: Exit Shorts near 5788.92-5784.55, SL: 5810.79
08/07/2013 01:05  SL Triggered, Trend: Positive, SL: 5779.31
08/07/2013 01:10  SL Trailed: 5783.04
08/07/2013 01:20  Buy near 5804.08-5808.29, Target: 5846.15, SL: 5783.04
08/07/2013 02:55  SL Trailed: 5797.87
08/07/2013 03:15  Caution: Exit Longs near 5818.89-5823.09, SL: 5797.87

NiftyIntraday08072013

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

  1. Looks good. can be bought on dips for short term. SL: 596

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  2. GOOD MORNING SR.

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  3. Hi SR, Good morning
    Whats the target for 5800PE ?

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  4. Hi Sunil sir,


    can we enter Reliance at current level..pls suggest levels in reliance and Nifty to go long

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  5. @Kris hna Good Morning. Nifty may test 5753-55.

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  6. Reliance and Nifty have identical charts. Don't go long in them as yet.

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  7. Sunil Sir,


    how is United Spirits looking shall i enter for long..pls give me level

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  8. Looks good for short term. For intraday. Go long after it breaks above 2570.

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  9. Hi Sunilji Good Morning

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  10. Good morning sunilji!

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  11. GM SR, Can we trade as per the system suggestions?

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  12. Hi Sunilji, booked loss in SBI long :(. Holding 5600 pe @ 40 bought last week. pls adv. shall i hold as per AC SL & target

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  13. @Paritosh, Yes, The first trade of the day is most likely achieved intraday.

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  14. Hi SR, One thing i want to know that there are so many trader who are initiate their trade in demand and supply zone.. they don't play the breakouts.. Now they said that SBIN has a demand zone between 1800 to1860.. They are positive on state bank from here.. Can you please tell me that how to draw this zone...?

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  15. @Guest They are generally mid/long term traders. If you see SBI had bounced back twice from these levels last year, as such many traders expect it to bounce back again. But technically SBI looks very weak and is near 52-week low. Wait for it to form a base before going long on it.

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  16. thanks SR for sharing your suggestion....

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  17. Most Welcome. Overall long term support for SBI is near 1690-95.

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  18. Hi SR can i buy 5800pe now?

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  19. Shorted Nifty around 5794 :)

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  20. Yes, Keep SL as per Auto Channels.

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  21. Nice. Keep SL as per Auto Channels.

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  22. Ravichandran RanganathanJuly 8, 2013 at 11:47 AM

    Hi Good Morning to all...whats view of L&T....thanks....have a good day....:)

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  23. Hello Sunil Sir, Can i short Bharti Airtel @ 300 for intraday?

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  24. @Guest Good Morning. Its currently range-bound. Support:1388, Res:1430. Have a nice day you too. :)

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  25. Don't go short on it as yet. Not sure of the volatile moves as of now. Let it settle down.

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  26. Sure Sir, will wait. Thanks!!

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  27. Sunil Sir,

    above 5810 can we enter Nifty 5900CE nad RIL 900CE

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  28. i have shorted 1 lot reliance capital@373, what price should i cover it? pls share your view. thanks.

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  29. Booked loss and now its coming down :(

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  30. Hold with a SL of 375 (spot). Cover on any dip for now.

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  31. Sir, holding 5900CE+5800PE @170/=
    Can we expect 5700 or 5920 in coming days to exit both?

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  32. SR, we are in losses right now @SAI also. Can we reenter puts near 5810-5815 and hold for 1-2 days?

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  33. Trade straddles in this volatile markets. You will always gain :)

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  34. @vish Enter 5800 straddle and hold for above 5900 or below 5700.

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  35. Those who entered HUL, yesterday or today morning may enjoy the profits. Book at your perusal. :)

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  36. Long straddles? can i shift 5900CE to 5800CE or hold as it is

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  37. wait and watch Mr.Paritosh - something doing in a -ve mood will not result good

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  38. Yes, long straddles. With VIX near 19-20, markets would be volatile. straddles make money.

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  39. Sir,
    Thanks for HUL ( direction)

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  40. Sunil sir,


    holding 5900CE and RIL 900CE..
    should i exit or hold till tomorrow..
    looks like there will be gapup opening tomorrow..

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  41. @divya Hedge with a few puts and hold.

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  42. HI SR SIR.........

    WHY CAUTION AND EXIT LONGS SIR...... EUROPEAN MARKETS ARE STRONG...... ANY REASON BEHIND EXIT LONGS...... I THINF NIFTY SPOT COULDNT HOLD ON TO 5820 LEVELS KNOW SIR.....?????????

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  43. @Guest The caution level indicates loss of momentum and may turn into a consolidation phase or trend reversal. The system is programmed to exit the trade near the exit levels and if needed re-enter at the next entry signal. For positional trades, one may follow only the SL and not the caution level.

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  44. Nifty is overall forming a converging triangle. The trading range for tomorrow may likely be 5796 - 5896. Break of any of these levels may trigger another 100+ points move. :)

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  45. Ravichandran RanganathanJuly 8, 2013 at 7:07 PM

    Thank you sir.....have a nice evening...:)

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