16/08/2013 09:15 Trend: Positive, SL: 5711.56
16/08/2013 09:20 SL Triggered, Trend: Negative, SL: 5734.11
16/08/2013 09:25 SL Trailed: 5724.82
16/08/2013 09:35 Sell near 5699.53-5694.47, Target: 5648.93, SL: 5724.82
16/08/2013 09:45 SL Trailed: 5684.04
16/08/2013 09:50 SL Trailed: 5670.70
16/08/2013 09:55 SL Trailed: 5644.05
16/08/2013 10:00 Caution: Exit Shorts near 5617.77-5612.51, SL: 5644.05
16/08/2013 10:15 SL Trailed: 5618.39
16/08/2013 10:45 Caution: Exit Shorts near 5591.49-5586.11, SL: 5618.39
16/08/2013 11:35 SL Trailed: 5604.91
16/08/2013 11:45 Sell near 5577.59-5572.13, Target: 5522.95, SL: 5604.91
16/08/2013 12:05 Caution: Exit Shorts near 5577.59-5572.13, SL: 5604.91
16/08/2013 01:40 SL Trailed: 5588.44
16/08/2013 01:50 Sell near 5561.32-5555.90, Target: 5507.08, SL: 5588.44
16/08/2013 03:20 SL Trailed: 5544.01

16/08/2013 09:20 SL Triggered, Trend: Negative, SL: 5734.11
16/08/2013 09:25 SL Trailed: 5724.82
16/08/2013 09:35 Sell near 5699.53-5694.47, Target: 5648.93, SL: 5724.82
16/08/2013 09:45 SL Trailed: 5684.04
16/08/2013 09:50 SL Trailed: 5670.70
16/08/2013 09:55 SL Trailed: 5644.05
16/08/2013 10:00 Caution: Exit Shorts near 5617.77-5612.51, SL: 5644.05
16/08/2013 10:15 SL Trailed: 5618.39
16/08/2013 10:45 Caution: Exit Shorts near 5591.49-5586.11, SL: 5618.39
16/08/2013 11:35 SL Trailed: 5604.91
16/08/2013 11:45 Sell near 5577.59-5572.13, Target: 5522.95, SL: 5604.91
16/08/2013 12:05 Caution: Exit Shorts near 5577.59-5572.13, SL: 5604.91
16/08/2013 01:40 SL Trailed: 5588.44
16/08/2013 01:50 Sell near 5561.32-5555.90, Target: 5507.08, SL: 5588.44
16/08/2013 03:20 SL Trailed: 5544.01
Intraday Pivots for Nifty: 5689.81, 5734.07, 5778.34
ReplyDeletehi SR,
ReplyDeletehow is nifty looking like, some buying can be done in nifty ?
Not yet. Below 5689 may head down to 5645
ReplyDeleteBelow 5689.81, Nifty supports at 5645.54, 5601.28
ReplyDeleteGOOD MORNING...
ReplyDelete@Nagaraj hegde Good Morning
ReplyDeleteSR - Holding 5600 put. Where to book?
ReplyDeleteHold with SL at 5690. If profit booking sets in, Nifty may test 5650-45
ReplyDeleteWow... 5643...
ReplyDeleteSR - Your target achieved in seconds... If it breaks 5640 what can we expect? And can we see 5400 next week?
ReplyDeleteBelow 5645, Nifty can test 5601-5600. Reverse trade if Nifty touches 5601. Nifty likely to see 5850 next week
ReplyDeleteThanks SR. Booked @ 83. Thanks a lot.
ReplyDeleteBelow 5645, Nifty can test 5601-5600. Reverse trade if Nifty touches 5601. Nifty likely to see 5850 next week.
ReplyDeletePerfect....
SR - Is it good to buy 5700 call around 42-43?
ReplyDeleteWith markets so volatile, go with hedged strategies. You may go with 5700CE (3x) + 5500PE (2x)
ReplyDeleteHi SR, GM... its raining cats and dogs in Delhi. I am holding puts from wednesday.... advice what to do....
ReplyDelete@paritosh GM. Seems you are enjoying the downpour in Nifty. Book for now or hold with a trailing SL of 5601 (hourly closing)
ReplyDeleteOk. Bought only 5700 call @ 37. Will enter 5500 put on bounce...
ReplyDeleteGood morning SR and AC followers :)
ReplyDeleteMy target is 5350/5200 sooner or later. if not in this month the next month but nifty has to fill the gap between 5500-5250 at any cost in this 5th attempt in 1 month time period
Below 5601.28, Next supports for Nifty: 5557.02, 5512.75
ReplyDeleteHold the shorts and puts till the Europe market opens and sell them before today's close and buy fresh positions again on monday
ReplyDeleteSeems nifty may fall -200 points today due to rupee hitting all time low of 62
@Crafty nifty Good Morning
ReplyDeleteVIX 18% up... INR made high of 62.18.... Whats happening?
ReplyDeletePanic :)
ReplyDeleteI was talking about the actual downpour but i guess its lucky for me. I existed my puts around 53 which were originally bought around 17 levels... alas... i bought low quantity...
ReplyDeleteSir,
ReplyDeleteNF is near to 5595-5600 , shall i enter 5700 CE ?
Don't enter unhedged 5700ce. may buy 5700ce x 3 + 5500pe x 2. Vix is above 22. Option IV is high. Trade in very low qty. Add more i
ReplyDeleteSR - Can we see some bounce from here today? At least to 5630 - 40.
ReplyDeleteNot sure as yet
ReplyDeleteEU markets trading bit positive... Looks like we may also recover a bit...
ReplyDeleteAs expected nifty is near days low of 196 points and just 4 points less for our day's target of -200 points. Book profits and dont carry forward puts for Monday as they were over-priced.
ReplyDeleteEnjoy the profits :)
Target achieved of -200 points. if you guys still want to hold till days end, keep 5575 as strict SL.
ReplyDeleteWTH
ReplyDeleteBull are slaughtered, seriously :(
Vix index made record high 24.50 with 32% surge in single day. thats why puts are highly overpriced. Best to book profits in puts.
ReplyDeleteIf still holding straddle, please exit before day-end as on Monday, Vix may be lower and options may lose their premium.
ReplyDeleteif there is a gap up, the vix may be down and vice versa if i am right...
ReplyDeleteHAPPY WEEKEND... ENJOY...
ReplyDeleteHi Good Evening to all and have a great weekend. if its possible nifty bounce back and test 5700 in Aug.....
ReplyDeleteThe VIX may go lower if panic selling reduces.
ReplyDeleteThanks and wish you the same.
ReplyDelete@Guest Good Evening. Its quite possible but with VIX rising to 24-25 levels, we can expect high volatile moves in either direction.
ReplyDelete