Real-Time Nifty Trades on 05/11/2013

54 Comments
05/11/2013 09:15  Trend: Positive, SL: 6294.96
05/11/2013 09:20  SL Triggered, Trend: Negative, SL: 6317.41
05/11/2013 09:30  Sell near 6294.94-6290.44, Target: 6249.98, SL: 6317.41
05/11/2013 09:35  SL Trailed: 6307.41
05/11/2013 09:40  SL Trailed: 6293.83
05/11/2013 09:50  Sell near 6271.09-6266.55, Target: 6225.61, SL: 6293.83
05/11/2013 10:05  SL Trailed: 6286.93
05/11/2013 10:15  Sell near 6264.10-6259.53, Target: 6218.44, SL: 6286.93
05/11/2013 11:40  Caution: Exit Shorts near 6264.10-6259.53, SL: 6286.93
05/11/2013 12:30  SL Triggered, Trend: Positive, SL: 6254.73
05/11/2013 12:35  SL Trailed: 6268.48
05/11/2013 01:30  Caution: Exit Longs near 6290.99-6295.49, SL: 6268.48
05/11/2013 01:40  SL Triggered, Trend: Negative, SL: 6299.07
05/11/2013 01:50  Sell near 6276.71-6272.24, Target: 6232.00, SL: 6299.07
05/11/2013 02:55  SL Trailed: 6295.19
05/11/2013 03:05  Sell near 6272.63-6268.12, Target: 6227.52, SL: 6295.19
05/11/2013 03:10  SL Trailed: 6289.73
05/11/2013 03:15  SL Trailed: 6286.95
05/11/2013 03:20  SL Trailed: 6280.75
05/11/2013 03:30  Sell near 6258.09-6253.56, Target: 6212.78, SL: 6280.75

NiftyIntraday05112013

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

  1. GM Sunil sir,


    holding BankNifty 11700CE around 11700 on spot..
    pls suggest should i exit at opening in loss or shall i hold..
    pls suggest levels

    ReplyDelete
  2. Hello SR,


    Good morning...

    ReplyDelete
  3. Intraday Pivots for Nifty: 6239.81, 6396.21, 6344.08

    ReplyDelete
  4. hI SUNILJI GOOD MORNING. PLS CORRECT THE PIVOT TO 6296.21

    ReplyDelete
  5. Hi SR, Good morning
    Whats the movement of Nifty today?

    ReplyDelete
  6. @sai Good Morning. Thanks. Corrected.

    ReplyDelete
  7. @Kris hna Good Morning. Can go short if 6239 is broken.

    ReplyDelete
  8. Sensex has not yet broken below 21000, is that a signal ?

    ReplyDelete
  9. Good morning SR and AC followers :)

    ReplyDelete
  10. Buy Bank nifty 11800 ce and 11500 pe @ 550

    ReplyDelete
  11. Hi Sunil Sir, Holding banknifty PE11300. strategy please..

    ReplyDelete
  12. For positional trade,
    Buy Nifty strangle, Dec 6400 ce and 6300 pe @ 298

    ReplyDelete
  13. If Nov month strangle is not averaged yet, try to exit from current month's strangle and shift to Dec month's in order to avoid time decay problem.. Its better to prefer next month than averaging it at cmp.

    ReplyDelete
  14. If my analysis is right, bank nifty shall kiss 13500/14000 in Nov month. Probably shall breach previous all-time high of 13317 on weekly charts. Lets see, its just my guess....

    ReplyDelete
  15. HAM sir,


    pls share and suggest strategies to trade in BankNifty
    i am holding 12000CE round todays low

    ReplyDelete
  16. I mentioned below to buy BN strangle, can go with it....
    Try to hedge it with 110000 pe if possible as markets are over-bought...

    ReplyDelete
  17. Book part profits in banknifty strangle @ 575(bought at 550) and hold rest till 600(combined price of ce and pe). If interested, u can consider it as positional call too...

    ReplyDelete
  18. Sunil sir,


    how is IDFC and TataMotors looking..
    can we go long..pls give me levels

    ReplyDelete
  19. S&P if breaks resistance level of 1775, next target is 1800 and Dow Jones above 15730, next target is 16500, this means, more steam is left in our market too...Nifty above 6335 leads to 6450/6500 but remember one thing that market is highly over-bought, hence, be cautious by hedging ur funds. Does nifty test 6500 before or after correction is yet to wait and see..

    ReplyDelete
  20. IDFC is consolidating. Enter after it breaks above 114.5
    Tata Motors is near resistance of 400. If broken, can head to 406.75

    ReplyDelete
  21. SR,
    Cup and handle formation in AC chart :)

    ReplyDelete
  22. The Cup with Handle is a bullish continuation pattern on charts that marks a consolidation period followed by a breakout.

    ReplyDelete
  23. Generally, this pattern is considered on daily charts or weekly charts as the cup can extend from 1 to 6 months, sometimes longer on weekly charts. The handle can be from 1 week to many weeks and ideally completes within 1-4 weeks.

    ReplyDelete
  24. Only cup is formed as yet. Let the handle be formed and then lets have a breakout. :)

    ReplyDelete
  25. Cup & handle formation now forming. More clear on 10min charts.

    ReplyDelete
  26. Oh... good to hear :) Handle ends near 6325 or 6350??

    ReplyDelete
  27. SR sir holding ITC in cash Can you pls tell intraday target or can i hold for BTST

    ReplyDelete
  28. If breaks above it, for sure, at least 6358 (spot)

    ReplyDelete
  29. Yes, no doubt in it....!!

    ReplyDelete
  30. Looks weak below 321... Exit on bounce near 321 for now.

    ReplyDelete
  31. LETS HOPE FOR THE BEST :) THANK YOU

    ReplyDelete
  32. Hi Sunil,


    Belated Diwali wishes for everyone. Sorry, I am away from last few days.


    Looks like HAM has literally taken over the page... LOL... No offences...


    Anyways, i hope everyone has a great year ahead...

    ReplyDelete
  33. @paritosh Thank you and wish you the same. Nice to have you back here. :)

    ReplyDelete
  34. LETS HAVE A NICE YEAR AHEAD. HAPPY DIWALI

    ReplyDelete
  35. Hello Paritosh
    Good to see you back after long time...
    Just sharing my trades :)
    Thank u and wish u the same....

    ReplyDelete
  36. Pattern broke out with that long red candle pointing south :(

    ReplyDelete
  37. Below 6255, next level to watch => 6225

    ReplyDelete
  38. GA SUNIL SIR, happy diwali.
    any trade for btst

    ReplyDelete
  39. @rameshbhole Good Afternoon. Thank you and wish you the same.
    No new trade as yet.

    ReplyDelete
  40. Have a nice evening SR and AC readers :)

    ReplyDelete
  41. Thanks and have a nice evening you too. :)

    ReplyDelete