Real-Time Nifty Trades on 23/08/2013

Aug 23, 2013 8:30 AM
122 Comments
23/08/2013 09:15  Trend: Positive, SL: 5357.62
23/08/2013 10:15  SL Trailed: 5381.40
23/08/2013 10:25  Buy near 5418.62-5426.06, Target: 5493.06, SL: 5381.40
23/08/2013 10:40  SL Trailed: 5389.66
23/08/2013 10:50  Buy near 5426.75-5434.16, Target: 5500.93, SL: 5389.66
23/08/2013 11:15  Caution: Exit Longs near 5426.75-5434.16, SL: 5389.66
23/08/2013 01:35  SL Trailed: 5400.33
23/08/2013 01:40  SL Trailed: 5404.61
23/08/2013 01:50  Buy near 5440.91-5448.18, Target: 5513.53, SL: 5404.61
23/08/2013 02:05  SL Trailed: 5412.74
23/08/2013 02:15  Buy near 5448.87-5456.10, Target: 5521.14, SL: 5412.74
23/08/2013 02:20  Caution: Exit Longs near 5448.87-5456.10, SL: 5412.74
23/08/2013 03:00  SL Trailed: 5415.19
23/08/2013 03:10  Buy near 5451.51-5458.77, Target: 5524.15, SL: 5415.19

NiftyIntraday23082013

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

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  1. Ravichandran RanganathanAugust 23, 2013 at 8:37 AM

    Hi Good Morning to all...have a good day....:)

    ReplyDelete
  2. Auto ChannelsAugust 23, 2013 at 8:59 AM

    @Guest Good Morning. Have a nice day you too. :)

    ReplyDelete
  3. Nagaraj HegdeAugust 23, 2013 at 9:04 AM

    GOOD MORNING SR. WISH YOU HAPPY BIRTH DAY... Enjoy...

    ReplyDelete
  4. Auto ChannelsAugust 23, 2013 at 9:05 AM

    @Nagaraj hegde Good Morning. Thanks :)

    ReplyDelete
  5. DebuAugust 23, 2013 at 9:07 AM

    Wow GM sir Wish u very fruitful and profitable happy birth day.

    ReplyDelete
  6. ShivAugust 23, 2013 at 9:07 AM

    GM!! SR sir and AC readers

    ReplyDelete
  7. Auto ChannelsAugust 23, 2013 at 9:08 AM

    @Debu Good Morning. Thank you.

    ReplyDelete
  8. Auto ChannelsAugust 23, 2013 at 9:08 AM

    @Guest Good Morning.

    ReplyDelete
  9. DebuAugust 23, 2013 at 9:13 AM

    Sir waiting for pivot.

    ReplyDelete
  10. Pramod SinghAugust 23, 2013 at 9:13 AM

    Good Morning Sirji!
    Wish You a very Happy Birthday!

    ReplyDelete
  11. RaviAugust 23, 2013 at 9:15 AM

    Good Morning SR


    Many many happy returns of the day!!!!!

    ReplyDelete
  12. PetetiAugust 23, 2013 at 9:16 AM

    Hai.. Sunil ji.. Good Morning...Many Many Happy Returns of the Day

    ReplyDelete
  13. Auto ChannelsAugust 23, 2013 at 9:16 AM

    Intraday Pivots for Nifty: 5286.84, 5334.26, 5381.67, 5429.09, 5476.51

    ReplyDelete
  14. pradip nathAugust 23, 2013 at 9:17 AM

    hi sunil ji,

    CAN I BUY CALLS OF JP FOR INTRADAY?

    ReplyDelete
  15. SundarAugust 23, 2013 at 9:17 AM

    Sir,
    Many more happy returns of the day.

    ReplyDelete
  16. sonu2938August 23, 2013 at 9:18 AM

    Sir !!! Happy Birthday !!!

    ReplyDelete
  17. Auto ChannelsAugust 23, 2013 at 9:18 AM

    @Pramod Singh Good Morning. Thank you. :)

    ReplyDelete
  18. Auto ChannelsAugust 23, 2013 at 9:18 AM

    @ravi Good Morning and Thanks.

    ReplyDelete
  19. Auto ChannelsAugust 23, 2013 at 9:19 AM

    @Peteti Good Morning. Thank you.

    ReplyDelete
  20. ShivAugust 23, 2013 at 9:19 AM

    Is it you B'day Sir.. Many happy reaturns of the day!! have a gr8 year ahead..

    ReplyDelete
  21. Auto ChannelsAugust 23, 2013 at 9:22 AM

    @pradip nath Buy if it breaks above 34.

    ReplyDelete
  22. Auto ChannelsAugust 23, 2013 at 9:23 AM

    @Sundars Thank you

    ReplyDelete
  23. Auto ChannelsAugust 23, 2013 at 9:23 AM

    @sonu2938 Thank you.

    ReplyDelete
  24. pradip nathAugust 23, 2013 at 9:23 AM

    Sunil sir ,
    anythg to trade for intraday???

    ReplyDelete
  25. pradip nathAugust 23, 2013 at 9:24 AM

    and sir happy birthday.....

    ReplyDelete
  26. Auto ChannelsAugust 23, 2013 at 9:24 AM

    @Shiv Thank you so much. :)

    ReplyDelete
  27. Auto ChannelsAugust 23, 2013 at 9:25 AM

    Waiting a intraday breakout. :)

    ReplyDelete
  28. RobotguyAugust 23, 2013 at 9:29 AM

    Hi SR,

    Many many happy returns of the day.....May god bless you with good health...May you always find SUPPORT in all your ventures and no RESISTANCE in success...:-)

    Robotguy

    ReplyDelete
  29. Auto ChannelsAugust 23, 2013 at 9:30 AM

    @Robotguy Thank you so much. Nice to see you here as ever. :)

    ReplyDelete
  30. rameshbAugust 23, 2013 at 9:34 AM

    happy birthday SR Sir,
    wish you many years full of happiness.

    ReplyDelete
  31. VasuAugust 23, 2013 at 9:36 AM

    Good Morning sir
    Happy birthday

    ReplyDelete
  32. Auto ChannelsAugust 23, 2013 at 9:36 AM

    @rameshbhole Thank you. :)

    ReplyDelete
  33. Kris hnaAugust 23, 2013 at 9:36 AM

    Hi SR, Good morning & Happy Birthday to you !!

    ReplyDelete
  34. Auto ChannelsAugust 23, 2013 at 9:37 AM

    @Vasu Good Morning. Thank you.

    ReplyDelete
  35. Auto ChannelsAugust 23, 2013 at 9:37 AM

    @Kris hna Good Morning and Thanks :)

    ReplyDelete
  36. rvkAugust 23, 2013 at 9:38 AM

    Hello Sunil,


    Many Many Happy returns of the Day !!!....

    ReplyDelete
  37. Auto ChannelsAugust 23, 2013 at 9:40 AM

    @Guest Thank you.

    ReplyDelete
  38. DebuAugust 23, 2013 at 9:45 AM

    Sir i need my own charting software, where i purchase it? what are the requirements?

    Thanks

    ReplyDelete
  39. vishalAugust 23, 2013 at 9:46 AM

    Happy Birthday SR

    ReplyDelete
  40. SAIAugust 23, 2013 at 9:49 AM

    Sunilji, Good Morning and Wish you Many Many Happy returns of the day.

    ReplyDelete
  41. SundarAugust 23, 2013 at 9:50 AM

    Happy to see all oldies are giving guest appearance here and there.

    ReplyDelete
  42. Auto ChannelsAugust 23, 2013 at 9:51 AM

    Not sure about it.

    ReplyDelete
  43. Auto ChannelsAugust 23, 2013 at 9:51 AM

    @vish Thank you

    ReplyDelete
  44. SundarAugust 23, 2013 at 9:51 AM

    Sir,
    Relinfra rocking - your view on it.

    ReplyDelete
  45. Auto ChannelsAugust 23, 2013 at 9:52 AM

    @sai Good Morning and Thank you. :)

    ReplyDelete
  46. Auto ChannelsAugust 23, 2013 at 9:54 AM

    Looking good. can head to 366

    ReplyDelete
  47. RobotguyAugust 23, 2013 at 9:55 AM

    Hey ramesh, how are you ?

    ReplyDelete
  48. SundarAugust 23, 2013 at 10:02 AM

    Hi Robotguy,

    I am Sundaresh, I am doing great. How are you? We are very active in AC.

    ReplyDelete
  49. vishalAugust 23, 2013 at 10:02 AM

    i am still holding 2 lots of larsen @750, what price can i expect before the series end.

    ReplyDelete
  50. RobotguyAugust 23, 2013 at 10:04 AM

    I know u. You are Sundaresh Lakshmikanthan...

    ReplyDelete
  51. Auto ChannelsAugust 23, 2013 at 10:06 AM

    Hold it with a SL of 710 for now.

    ReplyDelete
  52. karthikAugust 23, 2013 at 10:12 AM

    Good morning SR, Wish u many more happy returns of the day!
    wat abt yesbank & airtel. shall i go long?

    ReplyDelete
  53. Auto ChannelsAugust 23, 2013 at 10:27 AM

    @Karthik Good Morning. Thanks. Can go long on Nifty as per trade alert.

    ReplyDelete
  54. SyamAugust 23, 2013 at 10:36 AM

    Hi SR, Wish you a many more happy returns of the day, May God bless you and your family with good health and wealth.
    Syam

    ReplyDelete
  55. Auto ChannelsAugust 23, 2013 at 10:45 AM

    @Syam Thank you.

    ReplyDelete
  56. Mohammed AjazuddinAugust 23, 2013 at 10:47 AM

    HAPPY BIRTHDAY ....SR...........

    ReplyDelete
  57. Sudipto GoswamiAugust 23, 2013 at 10:54 AM

    Where you think the August expiry will happen?

    ReplyDelete
  58. Paritosh GuptaAugust 23, 2013 at 11:13 AM

    Happy Birthday Sunil... Support of Nifty may have been broken numerous times recently, but may you get all the SUPPORT in what you strive... Have a great day and prosper year ahead... Wishes for all your future endeavours.... Cheers....

    ReplyDelete
  59. Paritosh GuptaAugust 23, 2013 at 11:15 AM

    Futures in 9 Points discount... Dollar rising slowly... Nifty not looking good...

    ReplyDelete
  60. Auto ChannelsAugust 23, 2013 at 11:25 AM

    @Guest Thank you.

    ReplyDelete
  61. Auto ChannelsAugust 23, 2013 at 11:25 AM

    Not sure as yet. But likely to be above 5357.

    ReplyDelete
  62. Auto ChannelsAugust 23, 2013 at 11:26 AM

    @paritosh Thank you so much. :)

    ReplyDelete
  63. Sudipto GoswamiAugust 23, 2013 at 11:46 AM

    What is the code for USDINR if I want to add it in "My Watch"?

    ReplyDelete
  64. Auto ChannelsAugust 23, 2013 at 12:02 PM

    Currencies are currently not available.

    ReplyDelete
  65. Sudipto GoswamiAugust 23, 2013 at 12:07 PM

    OK.

    ReplyDelete
  66. Vibhor SharmaAugust 23, 2013 at 12:15 PM

    Happy B'day SR.... May God give you much more success in your life... :)

    ReplyDelete
  67. Auto ChannelsAugust 23, 2013 at 12:18 PM

    @Guest Thank you :)

    ReplyDelete
  68. pradip nathAugust 23, 2013 at 12:22 PM

    HI SUNIL JI...
    AFTER EUROPE MARKETS OPEN ...DO U SEE OUR MARKETS TO MOVE FURTHER OR THEY HAVE ALREADY FACTORED TODAYS UPMOVE..?

    ReplyDelete
  69. Auto ChannelsAugust 23, 2013 at 12:23 PM

    May re-enter trade 35

    ReplyDelete
  70. SSAugust 23, 2013 at 12:25 PM

    what is the target price for TATA steel

    ReplyDelete
  71. Auto ChannelsAugust 23, 2013 at 12:25 PM

    Market looks positive. may move further. But follow strict SL.

    ReplyDelete
  72. Auto ChannelsAugust 23, 2013 at 12:27 PM

    Has resistance near 278, above which can see 284, 290

    ReplyDelete
  73. SSAugust 23, 2013 at 12:30 PM

    thanks

    Wish you a many more happy returns of the day, May God bless you and your family with good health and wealth

    ReplyDelete
  74. Auto ChannelsAugust 23, 2013 at 12:32 PM

    Most Welcome and Thanks.

    ReplyDelete
  75. sdkbestAugust 23, 2013 at 12:53 PM

    Happy B'day SR Sir.... May God give you success at every path in your life.

    ReplyDelete
  76. Auto ChannelsAugust 23, 2013 at 12:55 PM

    @Guest Thank you. :)

    ReplyDelete
  77. ShivAugust 23, 2013 at 1:03 PM

    A phase of consolidation i suppose as per the indicator.. the golder line.. How long does this last and how do i understand the breakout numbers on either side

    ReplyDelete
  78. DebuAugust 23, 2013 at 1:09 PM

    Sir check your IND VIX showing 10% fall, but it fall only 5%

    ReplyDelete
  79. Crafty NIftyAugust 23, 2013 at 1:13 PM

    Good morning SR and AC followers/readers.....

    Wish u Happy Birthday SR :)
    Here's to another year of success, health and happiness…

    Have wonderful birthday filled with fun, excitement and joy ....!!!

    ReplyDelete
  80. Crafty NIftyAugust 23, 2013 at 1:17 PM

    See how Vix index effecting option premiums, hence buy on low vix index and sell when vix peaks out :)

    ReplyDelete
  81. SundarAugust 23, 2013 at 1:23 PM

    Any example to understand the strategy. Pls.

    ReplyDelete
  82. DebuAugust 23, 2013 at 1:24 PM

    How to find intraday pivots? help me if possible.

    ReplyDelete
  83. Auto ChannelsAugust 23, 2013 at 1:32 PM

    Consolidation may last for any duration.

    ReplyDelete
  84. Auto ChannelsAugust 23, 2013 at 1:33 PM

    Yes, seems for error in Google Data Feed.

    ReplyDelete
  85. Auto ChannelsAugust 23, 2013 at 1:34 PM

    @Crafty NIfty Good Afternoon and thanks. :)

    ReplyDelete
  86. Auto ChannelsAugust 23, 2013 at 1:35 PM

    For those who re-entered trade 35, may revise SL to 5429 and book part profits at 5453.

    ReplyDelete
  87. Auto ChannelsAugust 23, 2013 at 1:38 PM

    Revise SL to 5440.

    ReplyDelete
  88. Crafty NIftyAugust 23, 2013 at 1:49 PM

    @SS

    I dont follow pivots but here is a calculator, just give it a try

    http://www.pivottrading.co.in/pages/volatility.php

    ReplyDelete
  89. Crafty NIftyAugust 23, 2013 at 1:54 PM

    @SS
    Try these too,

    http://www.pivottrading.co.in/pages/elliott.php

    http://www.livecharts.co.uk/pivotpoint.php

    ReplyDelete
  90. Crafty NIftyAugust 23, 2013 at 1:59 PM

    @ SS

    How to Calculate Pivot Points:-
    One of the most common methods is using pivot points, and here is how to calculate and interpret these technical tools.
    There are several different methods for calculating pivot points, the most common of which is the five-point system. This system uses the previous day's high, low and close, along with two support levels and two resistance levels (totaling five price points) to derive a pivot point. The equations are as follows:
    R2 = P + (H - L) = P + (R1 - S1)
    R1 = (P x 2) - L
    P = (H + L + C) / 3
    S1 = (P x 2) - H
    S2 = P - (H - L) = P - (R1 - S1)
    Here, "S" represents the support levels, "R" the resistance levels and "P" the pivot point. High, low and close are represented by the "H", "L" and "C" respectively. Limited markets (such as the NYSE,BSE,NSE,S&P 500) simply use the high, low and close from the day's standard trading hours.

    There are two more posts waiting for approval as they contain links to pivot calculator.. Hope this info may help u :)

    ReplyDelete
  91. DebuAugust 23, 2013 at 2:03 PM

    Thanks really helpful.

    ReplyDelete
  92. Vibhor SharmaAugust 23, 2013 at 2:05 PM

    Hi HAM,

    Good Afternoon...
    Why are you changing your name day by day?

    And who is the other guy who daily change his name to your name?

    ReplyDelete
  93. Auto ChannelsAugust 23, 2013 at 2:08 PM

    May book part profits near 5465 or hold with trailing SL at 5452.

    ReplyDelete
  94. Crafty NIftyAugust 23, 2013 at 2:09 PM

    @ Vibhor
    There is only one person with the name Crafty Nifty and thats me...
    HAM-Crafty nifty-BH---> all are the same and currently i am using only Crafty Nifty for AC.
    Anyways whats the big deal with the name, i am visiting here for time being as am free these days... :) Again i may get busy later

    ReplyDelete
  95. Vibhor SharmaAugust 23, 2013 at 2:11 PM

    ok HAM...:)

    ReplyDelete
  96. RaviAugust 23, 2013 at 2:13 PM

    Hi HAM,


    I am holding some puts september series.
    5200 possible in coming days.
    Kindly advise.

    ReplyDelete
  97. Crafty NIftyAugust 23, 2013 at 2:14 PM

    @Vibhor
    Thanks :)
    As a bear, I dont want to miss the bear market, hence participating actively till nifty breaks 5000 psychological mark on charts.

    ReplyDelete
  98. Vibhor SharmaAugust 23, 2013 at 2:22 PM

    Do you see that Nifty will break 5000 on charts???

    ReplyDelete
  99. Crafty NIftyAugust 23, 2013 at 2:30 PM

    @ SS
    See firstly, the second gap is not yet filled completely which gives a hint that this fall is not yet over.
    Secondly, if u compare the charts of banknifty and nifty, according to bank nifty, nifty must be trading near 5050/4950 but nifty is near 5440, so based on this u may get clear idea of my levels..
    My targets may take some time, for example, last Friday I posted message that nifty has to fill the two gaps, so given two targets of 5350/5200 and also said that if it does not happen in this month the next month, fortunately my first target achieved in less than a week. And now am expecting 5200/4900, frankly i have no idea abt how long will nifty take to reach these levels hence gone with the strangle strategy.
    For the puts, keep tight SL of 5510
    USD INR if breaches 66 mark, it may head to 70+, if comes to 70, then u will see nifty trading near 4700/4800 and even 4500 is possible.. Lets see

    ReplyDelete
  100. Ravichandran RanganathanAugust 23, 2013 at 2:31 PM

    can enter 5200 pe + 5600 ce sep" series on monday

    ReplyDelete
  101. Crafty NIftyAugust 23, 2013 at 2:32 PM

    @ Vibhor
    Yes, but no ideaif it happens before or after a strong short covering bounce.

    ReplyDelete
  102. Crafty NIftyAugust 23, 2013 at 2:35 PM

    @
    No, dont enter a strangle till AUG month expiry as the premiums are falling like hell. Today I lost 15% of my profit which I gained this but am averaging the strangle based on my risk appetite.
    For u guys, I would advice to be safe than sorry and stay out when in doubt.. :)

    ReplyDelete
  103. Vibhor SharmaAugust 23, 2013 at 2:46 PM

    ok..Thanks for sharing your views..

    ReplyDelete
  104. Auto ChannelsAugust 23, 2013 at 2:50 PM

    Nifty likely to close above 5357. One may enter 5700CE Sep on dips next week in low qty for targets of 5640.

    ReplyDelete
  105. Crafty NIftyAugust 23, 2013 at 3:14 PM

    @ Guys,
    Follow auto channels automated signals with strict SL cuz if market trend reverses, i noticed numerous times that the sell signal keeps on moving in descending order and vice-versa in up market..

    ReplyDelete
  106. Crafty NIftyAugust 23, 2013 at 3:25 PM

    Dont hold AUG series options due to time decay prob and nearing expiry, buy fresh positions on Monday in much cheaper prices.

    ReplyDelete
  107. Crafty NIftyAugust 23, 2013 at 3:25 PM

    I bought sept 5700 ce and 5100 pe in 1:1 ratio.

    ReplyDelete
  108. Auto ChannelsAugust 23, 2013 at 3:30 PM

    I am currently travelling, as such having net issues. Will be back home by Sunday. :)

    ReplyDelete
  109. Crafty NIftyAugust 23, 2013 at 3:30 PM

    SR,
    Before leaving, once again wish u a very happy Birthday :)

    May God keep you healthy, wealthy, cheerful and peaceful through out the year. May you will see you hundred birthdays with the same health, happiness and peace. Have a nice day and best birthday ever :)

    Have a pleasant evening and peaceful weekend SR and AC readers :)

    ReplyDelete
  110. Crafty NiftyAugust 23, 2013 at 4:40 PM

    Hey guys,
    Forgot to tell one more thing,
    Look at the AC chart once, like I said yesterday/day before yesterday to consider GREEN line as SL for shorts and BROWN line as SL for longs,
    Today though nifty triggered a caution line, YELLOW twice, it couldn't able to break the BROWN line, hence prefer these lines as SL in order to avoid market traps......

    Bye everyone :)

    ReplyDelete
  111. rvkAugust 23, 2013 at 5:21 PM

    Hello HAM,

    Based on india VIX ,
    if it is high (27-28) then i can go for straddle and
    if VIX is low (18-20) then i can go for strangle right ?

    Kindly confirm..

    Thanks in advance

    ReplyDelete
  112. Crafty NiftyAugust 23, 2013 at 5:51 PM

    @ rvk

    No, buy strangle or straddle if VIX index gets to low below 24/22 as u can get them in reasonable prices. If VIX index rises later, then options gain extra premium and market remains quite volatile giving huge swings..
    As of now I am holding my strangles with -14% loss from my total profit which I got in single week since last Friday and still am averaging them on my own risk hoping, nifty must either move to 5150 or 5650 in 2 weeks and its unlikely to remain calm at the current levels for more than a week.
    As Vix index is near 25, It has to give swing move on either side but as AUG expiry is nearing, its best to maintain strangle in very low quantity in Sept series... Forget about August as its too risky to trade in last week of series..
    Lets hope for the best :)
    Y'r always welcome....

    ReplyDelete
  113. rvkAugust 23, 2013 at 6:00 PM

    Ok HAM....thanks a lot !!



    Happy weekend !!

    ReplyDelete
  114. Crafty NiftyAugust 23, 2013 at 6:02 PM

    U r always welcome
    U too have a happy weekend :)

    ReplyDelete
  115. Auto ChannelsAugust 23, 2013 at 7:03 PM

    Thank you once again. Have a nice evening and a great weekend you too. :)

    ReplyDelete
  116. Ravichandran RanganathanAugust 24, 2013 at 7:30 AM

    Good Morning sir...can enter straddle on Monday sep" month.....thanks...

    ReplyDelete
  117. Auto ChannelsAugust 24, 2013 at 8:32 PM

    @Ravichandran Ranganathan Good Morning. Yes, go with 5700CE + 5200PE strangle of Sep. series.

    ReplyDelete
  118. Ravichandran RanganathanAugust 25, 2013 at 10:02 AM

    Thankyou sir...have a nice sunday and fun.....:)

    ReplyDelete
  119. RaviAugust 25, 2013 at 12:27 PM

    Good morning SR


    Hope you had a wonderful birthday!!


    Can we expect audio alert for automated AC updates from tomorrow?

    ReplyDelete
  120. Auto ChannelsAugust 25, 2013 at 8:11 PM

    @ravi Good Evening. Was travelling.... Just came back home.... Will try to add it within a couple of days.

    ReplyDelete
  121. Auto ChannelsAugust 25, 2013 at 8:11 PM

    Have a nice Sunday and evening you too.

    ReplyDelete
  122. raviAugust 26, 2013 at 9:29 AM

    ok.Thank you so much.

    ReplyDelete

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