Real-Time Nifty Trades on 04/09/2013

93 Comments
04/09/2013 09:15  Trend: Negative, SL: 5388.70
04/09/2013 09:20  Caution: Exit Shorts near 5352.07-5344.75, SL: 5388.70
04/09/2013 09:40  SL Triggered, Trend: Positive, SL: 5349.31
04/09/2013 10:20  SL Trailed: 5359.21
04/09/2013 10:30  SL Trailed: 5371.25
04/09/2013 10:35  SL Trailed: 5381.54
04/09/2013 10:45  Buy near 5419.67-5427.30, Target: 5495.94, SL: 5381.54
04/09/2013 11:10  SL Trailed: 5396.67
04/09/2013 11:20  Buy near 5434.69-5442.29, Target: 5510.72, SL: 5396.67
04/09/2013 01:05  Caution: Exit Longs near 5434.69-5442.29, SL: 5396.67
04/09/2013 01:10  SL Triggered, Trend: Negative, SL: 5443.46
04/09/2013 01:20  Sell near 5405.76-5398.23, Target: 5330.38, SL: 5443.46
04/09/2013 01:50  Caution: Exit Shorts near 5405.76-5398.23, SL: 5443.46
04/09/2013 02:55  SL Triggered, Trend: Positive, SL: 5391.25
04/09/2013 03:05  Buy near 5429.09-5436.66, Target: 5504.78, SL: 5391.25
04/09/2013 03:10  SL Trailed: 5397.43
04/09/2013 03:20  Buy near 5435.19-5442.75, Target: 5510.71, SL: 5397.43

NiftyIntraday04092013

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

  1. Ravichandran RanganathanSeptember 4, 2013 at 8:32 AM

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

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  2. @Ravichandran Ranganathan Good Morning. Have a nice day you too. :)

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  3. Intrday Pivots for Nifty: 5227.96, 5278.55, 5329.13, 5379.72, 5430.31

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  4. Good Morning Sunil... I am holding calls since 5340... Please advice

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  5. Hi SR, Good morning
    Whats the target of Nifty long?
    entered 5500CE y'day just before closing

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  6. @paritosh, Good Morning. Hold with SL of today's low, If we see a recovery, can head back to 5500

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  7. @Kris hna, Good Morning. If Nifty shows recovery, can head to 5500 in 1-2 days.

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  8. Sir,


    I sold NMDC 110 PE @ 2.50. What will happen if i will leave till exiry.

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  9. Ravichandran RanganathanSeptember 4, 2013 at 10:28 AM

    Re enter NF if nifty trade above 5430....your view....

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  10. it will automatically settle with the last trading price on September 26 but you will have to pay STT charges

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  11. Dear Calls. I hate you... even with the nifty rising, you do not rise enough due to drop in VIX... I wish I had margins to short puts instead :(

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  12. If you shorted option, you will gain/loose whatever value at expiry.

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  13. Not yet. wait for confirmation of a breakout/

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  14. Nifty pivots above 5430.31: 5480.89, 5531.48

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  15. @paritosh excess STT is not charged on writing options as STT is paid at the selling leg and would have been charged at the time of writing. No STT would be charged for the buying leg or at expiry.

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  16. GM Sir
    can i enter SBI 1600 CE.. Pl. advice

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  17. GM, Not yet. Has resistance at 1501, if broken can head to 1534-35

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  18. ok thanks. I never do it, usually I clear everything 5-10 min before close so I didn't knew. #goodtoknow

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  19. Sunil, shen should i book my calls, dont want to hold beyond today

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  20. Sunil Sir,

    I need your guidance. I know the meaning "resistance" and "Support". But i do not know how can i undersatnd in chart level. plz guide.

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  21. @paritosh Hold with a TSL of 5415, May book near 5480-81

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  22. GM SR sir.. Did not update you but thanks for the call made some profit..
    Don't know why i get in always late and get out early.. i have to learn the ART of patience.. :) but thnx anyway..

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  23. @Guest Good Morning. Art of patience comes with time. However profit in pocket always feels good. Always welcome. :)

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  24. Happens with everyone bro. Don't think you are the only one. And don't worry as long as you make profit :)

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  25. Yep not complaining at all.. As SR sir and you mentioned does not matter till u are making profit.. :)

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  26. @SAM These are technical terms for technical analysis. This link may help:
    http://stockcharts.com/school/doku.php?id=chart_school:overview:technical_analysis

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  27. Yes, buy on a dip for a better risk/reward.

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  28. Thanks Sir. Is any good place where i can learn option trading.....

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  29. Sir, Nifty pivots are in Spot levels but Intraday trades are in Futures,
    Futures are in premium of 10 pts

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  30. Yes futures trade in advance and generally respect the pivots to the core.

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  31. Sir, can i buy NF now?

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  32. Can buy on dips with SL at 5430 for target of 5481

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  33. Good aft noon sir, i want to learn some knowledge regarding pivots, will u help me?

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  34. Good Afternoon. Would be glad to help. Can mail your query to support@autochannels.in. Will reply in the evening.

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  35. Thank u so much sir, today your Live online crosses 100, even now @ 130+, great going sir

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  36. Sunil... Booked everything near 5465 even though you advised 5481, just so that i dont miss it... thanks for the levels... will re-enter calls if nifty hits near 5434.69

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  37. Nifty fails to break a resistance level of 5451 on half hourly charts. As such keep strict SL at 5442 for trade 54.

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  38. SR... Can I buy back my calls i sold near 5465? If yes, please give level where to buy.. Thanks

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  39. Thanks sir, booked profit of 50 pts * 2 lots

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  40. If Nifty breaks below 5430, can rest test 5379

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  41. Nifty re-tests pivot at 5379. Bad luck as we missed the trade :(

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  42. one in the hand is worth two in the bush

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  43. Yes, By the time I got the confirmation of breakdown of 5430, futures were already near 5410. Lost opportunity is always better than lost money.

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  44. Sunil, how do you confirm the breakdown/breakout? I recall you saying that 20 Min EMA crossover is a decent sign, is there anything else?

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  45. The reason for the sharp fall was evident. Nifty had failed to break above resistance of 5451 on 3 consecutive 30-min bars. It was profit booking by traders. But to take the call to short Nifty was only after break of 5430. That's the markets :)

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  46. just love that line.. :) "Lost opportunity is always better than lost money. " i keep repeating that to myself everytime i miss a trade..

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  47. First and foremost simple confirmation is a 5-min bar open and closes above/below the pivot in the direction of the trend. - High risk traders may initiate trades but may have whipsaws.


    Best confirmation is 20-min EMA crossover in the direction of the trend. Momentum is stronger if the 1-min bar where the 20-EMA crossover takes place is in the direction of the trend.

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  48. See today's 1-min chart with pivots and 20 and 50 ema.

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  49. SR - Is nifty making down flag in 2 mins chart? and can we see nifty falling another 30-35 points below 5380(if breaks)?

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  50. Not yet. It turned positive as per 1-min auto channels chart at 1:25pm. However if Nifty breaks below 5380, can re-test 5329

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  51. Sir, have shorted NF @ 5406. Should hold?

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  52. Sunilji Namathe. Just coming online to see whats going on. Busy with Auditors. Not traded anything.

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  53. Simply highly volatile, should abstain from trading

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  54. On the brighter side, we get more trades in volatile markets. :)

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  55. Technically our SL has not triggered for trade 55 as on Nifty spot on but futures hit SL as premium rises. Better exit and be safe than sorry. :)

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  56. Spot broke TSL just now. Futures always trade in advance. :)

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  57. Nifty fails to break pivot thrice, if broken we can expect a sharp move.

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  58. Sir, Holding NF short @ 5406. Where should i exit?

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  59. Try to exit on a dip. If Nifty spot break above 5430, exit from it. Keep strict SL at 5456. In such volatile markets, work with strict SL.

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  60. Finally broke out with a bang as expected. :)

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  61. exited with huge loss :(

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  62. Can we buy a ce or 5450 straddle ?

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  63. Not yet. Wait for confirmation for a few minutes.

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  64. Not yet. May enter a 5500 straddle if Nifty hits 5500.

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  65. In such volatile markets, take trades with small SL and large targets. You may follow the Trades on Trade Alerts for trading Nifty futures. 1:4 risk/reward ratio.

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  66. Thanks Sir. will follow that

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  67. May re-enter trade 54 if Nifty dips near 5441-43 with SL at 5430 for same target

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  68. Does not seem to come down at all.. have placed order not executed yet.. :) looks like its holding strong..

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  69. Remove orders for now. Not enough time left.

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  70. Sunil, can calls be bought near 5440 for BTST?

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  71. No. May risk entering puts.

    Nifty still fails to break above 5451 and most likely will close below it. If not broken tomorrow morning. We may see Nifty drift down to 5360 levels or even below again.

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  72. buying 1 lot of Puts for good luck :P

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  73. Thanks for trading calls and good evng sir, waiting for your mail:)

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  74. Most welcome. Have a nice evening you too. Will check my check after a break. :)

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  75. Sunil Sir,

    I Want to learn some knowledge regarding pivots, will u help me?

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