Real-Time Nifty Trades on 18/10/2013

39 Comments
18/10/2013 09:15  Trend: Negative, SL: 6073.17
18/10/2013 09:20  SL Triggered, Trend: Positive, SL: 6046.99
18/10/2013 09:30  Buy near 6072.37-6077.45, Target: 6123.14, SL: 6046.99
18/10/2013 09:50  SL Trailed: 6061.36
18/10/2013 09:55  SL Trailed: 6066.77
18/10/2013 10:00  SL Trailed: 6070.83
18/10/2013 10:05  SL Trailed: 6079.76
18/10/2013 10:15  SL Trailed: 6085.93
18/10/2013 10:25  Buy near 6111.38-6116.47, Target: 6162.28, SL: 6085.93
18/10/2013 11:00  SL Trailed: 6091.51
18/10/2013 11:05  SL Trailed: 6096.64
18/10/2013 11:10  SL Trailed: 6098.82
18/10/2013 11:15  SL Trailed: 6105.46
18/10/2013 11:20  SL Trailed: 6111.73
18/10/2013 11:30  Buy near 6137.02-6142.08, Target: 6187.61, SL: 6111.73
18/10/2013 01:10  SL Trailed: 6118.23
18/10/2013 01:20  SL Trailed: 6122.28
18/10/2013 01:25  SL Trailed: 6127.47
18/10/2013 01:35  Buy near 6152.43-6157.42, Target: 6202.34, SL: 6127.47
18/10/2013 01:40  SL Trailed: 6131.09
18/10/2013 01:50  Buy near 6156.06-6161.06, Target: 6206.02, SL: 6131.09
18/10/2013 02:40  SL Trailed: 6146.56
18/10/2013 02:45  SL Trailed: 6152.08
18/10/2013 02:55  Buy near 6177.03-6182.02, Target: 6226.93, SL: 6152.08
18/10/2013 03:05  SL Trailed: 6157.92
18/10/2013 03:15  Buy near 6182.81-6187.79, Target: 6232.60, SL: 6157.92

NiftyIntraday18102013

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

  1. GM sunil sir,


    As per your observation yesterday..Nifty has filled monday's gap and can it move above 6100 today..
    also pls give your view on BankNifty..

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  2. GM, yes, its quite possible to head back to 6173. Bank Nifty has major res at 10695 above which one can be bullish on it.

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  3. Intraday Pivots for Nifty: 5984.76, 6037.57, 6090.38

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  4. HI SUNIL JI, CAN I BUY CALL OF JP ASSOCIATES NOW?

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  5. Yes, can buy on any small dip, keeping SL at 45

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  6. SMALL DIP LIKE 45.80 (SPOT)

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  7. Nifty is forming an island reversal pattern on daily chart. If closes above yesterday's high of 6110.75, may likely head ahead to 6173, 6320 in short term. May expect 6320 on Diwali.

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  8. hi SR,
    i remember, you saying 2-4 months back, nifty new high technically near Diwali. what may still look like a possible tgt, by expiry holding 6400 CE at 9.

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  9. Sir in that case , can we expect Bank Nifty 10% to 15% higher from today's levels near Diwali (When Nifty reaches 6320) .

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  10. If we breakout above the lifetime high, we may likely see a breakaway gap to 6970. But I expect the breakaway to be after oct expiry. This expiry may consolidate and move gradually to 6300 levels.

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  11. Now LT result decides the Nifty's further movements.

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  12. 6150-70 is difficult res of Nifty

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  13. Bank Nifty is still not bullish as long as it does not break above 10695. Till then avoid any bullish trades on BankNifty.

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  14. sunil sir,


    10695 in BankNifty Future or spot

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  15. LT has formed a good base near 813-848 and if it moves back above 848, can head to 967, 1018 in near term.

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  16. Sorry forgot to mention it earlier.


    Nifty Pivots above 6090.38: 6143.19, 6196

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  17. Momentum in Nifty is strong. We will hold part of Trade 92 with a TSL even if our target 2 is achieved. Expecting Nifty to test 6173-96 today itself.

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  18. Sr,
    will it make some sense to buy 960 CE Reliance at 1.5 for Oct.
    just in some hope

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  19. 960+ seems far fetched for Oct series. Not advisable.

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  20. Sunil sir,


    holding 11000CE from 3days..
    now it reached purchased price..
    should i hold for profit or should i exit

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  21. hi sunil ji, jp associates coming down slowly ....? is it the end of rally ?ur views plz

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  22. Book for now near 10647 (Intraday pivot). May re-enter after it breaches 10700

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  23. This dip is moment to buy. Keep SL at 45

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  24. For trade 92, Next target is 6196 (Futures), TSL: 6156

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  25. Sunil sir,


    Banknifty is trading above 10647 pivotal as you suggested...
    can i enter 11000CE here

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  26. Nifty tests target of 6173 as mentioned yesterday...

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  27. Enter after it breaches 10695 (closing basis)

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  28. If Nifty closes above 6173, hold for next week. Else exit CE on rise and try to exit PE on Monday on intraday dips.

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  29. Cannot get better than this.. absolutely precise.. :) :)

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  30. Sunil sir,


    now can we enter 110000CE

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  31. hi ssr,
    what next, shall i cover 6400 CE or wait,
    thanks

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  32. Above 6173, Nifty can see 6255, 6320 but not sure whether the targets will be achieved in oct. For Oct 6400CE would advise to book today

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  33. Enter on intraday dips on Monday. Most likely it will close above 10695 and confirm a positive breakout.

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  34. Sir can I invest around 3.5 Lakhs in Reliance Banking Fund (which is approx. matching with performance of Bank nifty) for about 3-4 months with expectation of 10% to 15% gain . :Please advice . And can I also hedge this with any of NOV / DEC Nifty PUT .

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  35. Ravichandran RanganathanOctober 18, 2013 at 8:21 PM

    Hi Good evening to all....have a nice evening and weekend and folk...thanks....takecare...bye....:)

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  36. Markets are near Lifetime highs. Wait for a breakout to enter.

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  37. @Ravichandran Ranganathan Good Morning. Thanks. Hope you had a good weekend too. :)

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