22/08/2013 09:15 Trend: Negative, SL: 5329.92
22/08/2013 12:40 SL Triggered, Trend: Positive, SL: 5292.21
22/08/2013 12:45 SL Trailed: 5311.80
22/08/2013 01:10 SL Trailed: 5327.28
22/08/2013 01:15 SL Trailed: 5335.68
22/08/2013 01:25 Buy near 5371.88-5379.12, Target: 5444.28, SL: 5335.68
22/08/2013 03:05 SL Trailed: 5352.73
22/08/2013 03:15 Buy near 5389.30-5396.62, Target: 5462.46, SL: 5352.73
22/08/2013 03:20 SL Trailed: 5357.62
22/08/2013 03:30 Buy near 5394.14-5401.44, Target: 5467.18, SL: 5357.62
22/08/2013 12:40 SL Triggered, Trend: Positive, SL: 5292.21
22/08/2013 12:45 SL Trailed: 5311.80
22/08/2013 01:10 SL Trailed: 5327.28
22/08/2013 01:15 SL Trailed: 5335.68
22/08/2013 01:25 Buy near 5371.88-5379.12, Target: 5444.28, SL: 5335.68
22/08/2013 03:05 SL Trailed: 5352.73
22/08/2013 03:15 Buy near 5389.30-5396.62, Target: 5462.46, SL: 5352.73
22/08/2013 03:20 SL Trailed: 5357.62
22/08/2013 03:30 Buy near 5394.14-5401.44, Target: 5467.18, SL: 5357.62
GM SR Sir and AC reader..
ReplyDelete@Guest Good Morning.
ReplyDeleteSR sir 1 Q.. if i'm buying ce or pe based on the indicator which ce or pe would be gud ITM or OTM and also how can i adjust my SL as per your levels instead of manually monitoring it.
ReplyDeleteGood Morning Sir .
ReplyDelete@Shiv If intraday, can go with ITM/ATM. For short term, can go with OTM. SL's may need to be monitored manually, but you should always place a max SL as per your risk appetite.
ReplyDelete@sonu2938 Good Morning.
ReplyDeleteIntraday pivots for Nifty: 5202.98, 5249.84, 5296.74
ReplyDeleteSir,
ReplyDeleteGM, Your viiew in Bharti.
GM, Support at 296, Res at 311. Overall trend negative, may sell on rise.
ReplyDeleteThanks Sir.
ReplyDeleteGood Morning Sirji !
ReplyDeleteYour view on dlf plz.
@Pramod GM, Support at 139.5
ReplyDeleteCan I short Nifty around 5320 ?
ReplyDeleteNot yet.
ReplyDeleteNifty pivots above: 5296.70, 5343.56, 5390.41
ReplyDeleteHi Sunilji, Good Morning
ReplyDeleteSir,
ReplyDeleteHow would be the market today? Your view pls.
@sai Good Morning.
ReplyDeleteIf Nifty holds above 5297, can see some recovery today
ReplyDeleteGOOD MORNING SR. Holding BPCL Call. Pls suggest where to book.
ReplyDelete@Nagaraj hegde gm, hold with a sl at 294, can see 302.7, 310.7
ReplyDeleteThanks SR.
ReplyDeleteSR - How to trade nifty today?
ReplyDeleteWait for now
ReplyDeleteSR - Looks like nifty will crack again today like yesterday because INR has crossed 65 v/s USD.
ReplyDeleteSR - Nifty future started loosing premium. Is this the sign of downfall?
ReplyDeleteGood morning SR and AC readers :)
ReplyDeleteYes seems so.
ReplyDeleteMy final target for shorts is 5240, maximum upto 5210. start booking profits in shorts in each and every dip slowly.
ReplyDelete@Crafty Nifty Good Morning. :)
ReplyDeleteGood Morning... :)
ReplyDeleteHi SR & All, GM
ReplyDeleteHolding 5300 Straddle at 154, expecting tgt 5200/5400
@Kris hna Good Morning.
ReplyDeleteSR sir still Negative today ? thr are no updates in the signals i'm holding 5300pe
ReplyDeleteMarket is range bound. Let it break the range for fresh signals.
ReplyDeleteWhats your feeling where is it headed? can i hold 5300pe for tgt of 105 atleast
ReplyDeleteMarkets are volatile with bearish bias as of now.
ReplyDeleteThis is why I gave you guys a hint to start book profits in shorts but I didnt expect a sudden bounce as USD INR made a high of 65.56 and recovered a bit as of now.
ReplyDeleteAnyways it doesnt matter for me as i am holding fresh strangle of AUG and SEP series since morning and it had given good returns today too,
Tension free strategy in volatile market:)
Nice trade (34).
ReplyDeleteBooked profits.
Thanks.
Audio alert is very helpful.
@Shiv
ReplyDeleteThere is strong support for nifty at 5292 on weekly charts and on daily charts that second gap will get filled @ 5242-5239.
On the other hand markets are in highly oversold region from where a strong short covering is quite possible anytime BUT I would be happy if nifty start moving in upward bias after filling that small gap which is not happening right now.
If short covering rally starts in coming days, it will take nifty to 5550/5680. Again short at those high levels.
Lets see how nifty reacts :)
SR,
ReplyDeleteWhat is the today's exact low level for nifty spot and nifty futures?
My system is not updating clearly.
Nice work...:)
ReplyDeleteNifty futures opening low was 5250 and spot at 5254.05
ReplyDeleteThank you Vibhor :)
ReplyDeleteNifty has not yet sustained above 5390.41 levels and may dip down to 5343, 5296 levels.
ReplyDeleteSR,
ReplyDeleteThank you for the reply :)
Are you mahesh???
ReplyDeleteCan i buy TATA Steel at CMP (Rs. 270)
ReplyDeleteThnx crafty nifty.. for that update but i am new to this ce and pe's and futures whatever trade i take it either hits SL or goes in opposite direction.. i am seeking someone like SR and your advise on how to take the right trade. incuding todays trade both went opposite as soon as i took it rally confused wat to do..
ReplyDelete@ Vibhor sharma
ReplyDeleteNo, I am Ham (BH). Just for a change, used new ID for AC site. Anyways what matters with the name? You want tips, i would love to give one if i am sure about the trend. As am free these days, I thought of sharing my views in AC for time being. Again i will come back when i feel confident about the trend.
Wow Welcome back Human beging(HAM), we missed lot you, any way thanks.
ReplyDelete@ Shiv
ReplyDeleteI would advice you only one thing as u r new comer to option market. Go with strangle with 200 points difference in both directions (call and put) from the spot when vix index get to lows and wait for 200-250 points swing move in either direction and dont forget to keep 25-30 days as minimum gap to expiry. Follow AC levels and ride the trend by taking advice/suggestion from SR(no doubt he is genius who designed AC software with his own efforts).
I hope u may make profits if u follow the strangle strategy with strict SL with discipline or follow AC signals with GREEN line as SL for shorts and BROWN line as SL for longs.
Good luck :)
@ SriSom
ReplyDeleteAlways welcome :)
Thank U SriSom.
We miss u n robo long time, we need sr,ham and robo help
ReplyDeleteok.. Thanks for sharing your views... :)
ReplyDeleteHappy to see you after a long time HAM..
ReplyDelete:)
@SriSom
ReplyDeleteThanks again SriSom for ur kind comments :)
Robo is in touch with me through mails.. He is really a nice guy :)
@Vibhor
ReplyDeleteAlways most welcome Vibhor
Thanks alot for all ur kind comments :)
Me too very happy for participating in chat with old friends :)
HAM, Are you on facebook?
ReplyDelete@ Vibhor
ReplyDeleteNo, I didnt even have an account in fb :( , sounds awkward ??
I prefer only mails..
ok.. No problem.. Can you please share your mail id .. so that I will be in contact with you... SR is here always .. But you come here rarely..
ReplyDeleteIf you don't want to share you mail id , the you can drop a mail to me at tradingvibhor@gmail.com...
ReplyDeleteYeah sure,
ReplyDelete"beinghuman.stockmarket@gmail.com"
Feel free to drop a mail whenever u want, you are always welcome, seriously :)
Have a nice and pleasant evening SR and AC readers :)
ReplyDeleteHello HAM,
ReplyDeleteI am planning to go with SEP Strangle, can you please help me..shall i go now or wait for next week..and guide levels also
thanks...:)
ReplyDeleteGood evening to all....any possible nifty test 5550 in this month...Thanks...Hi Crafty Nifty...nice to see you again.....thanks for your update...have a nice evening takecare.....bye.....;)
ReplyDelete@ Ravichandran
ReplyDeleteThank you Ravi :)
Have nice evening u too...!!!
@ Vibhor
Most welcome :)
Nice to know :)
ReplyDelete@rvk
ReplyDeleteHello,
Sorry, just saw ur query below..
Yes, u can go with sept strangle but not in this week, BUY on MONDAY and SELL on FRIDAY, never carry forward on weekends, As of now, let the options premiums settle a bit and wait till vix comes down a little, then go with a strangle with 200 difference from spot price.
For Eg:- If nifty spot is at 5400, go with sept 5600 call and sept 5200 put and hold for a week or two or wait for 200 points swing in either direction.
The main benefit is on high VIX, nifty remains volatile and its quite possible for 200-300 swing in 1-2 weeks time and also the expiry is nearing,hence very volatile moves are expected.
NOTE :- Vix index effects options premium a lot, hence buy on low vix and sell when vix peaks.
Good luck :)
Sorry for the late reply. Had net issues earlier as I am travelling. Tata Steel has given a positive breakout today and is a good bet for short term. Buy on dips near 261-65, It can see 305, 328. Keep SL below 250 (closing basis).
ReplyDelete@Shiv Trade with discipline and profits will follow. Protecting capital at all times is important. As such trade with low risk/reward ratio. If SL is triggered, take it in your stride. Wait for the next trade. Follow trades with discipline and profits will follow.
ReplyDelete@Crafty Nifty Have a nice evening you too. :)
ReplyDeleteThanks a lot HAM...Have a nice evening !!!
ReplyDelete@Ravichandran Ranganathan Good Evening. Tomorrow's closing is important. As of now, it seems Nifty may likely hold onto 5357 level on weekly closing and may have formed a bottom. If held, Nifty may likely see a strong bounce from these levels to make new highs. 6940, 7530 are on cards. Always remember, it is at these times of despair, that the stock markets rebound. Let's wait till tomorrow.
ReplyDeleteCrafty Nifty - in this scenario if 5600ce is doing well and the mkt is up what shud be SL for 5200PE ideally as thr are wild swings and a 10-20 rs SL might hit soon.. i understood ur point but not getting idea on how to exit the opposite trade shud i manually hv a SL and sell it when that level is attained
ReplyDelete@Shiv In case of a strangle or a straddle, you need not worry about SL as the CE and PE hedge each other. Buy CE and PE together and sell them together. Say you buy CE an PE at 50 each (total price of 100), On a 200 points move in any direction, the favourable option may rise to about 120 and the other may fall to about 10. Total value of the 2 becomes 130. So your nett gain is 130-100=30.
ReplyDelete