06/11/2013 09:15 Trend: Negative, SL: 6280.75
06/11/2013 12:00 SL Trailed: 6266.31
06/11/2013 12:10 Sell near 6243.55-6239.00, Target: 6198.04, SL: 6266.31
06/11/2013 12:35 SL Trailed: 6264.68
06/11/2013 12:45 Sell near 6241.94-6237.40, Target: 6196.46, SL: 6264.68
06/11/2013 03:05 SL Trailed: 6249.00
06/11/2013 03:15 Sell near 6226.37-6221.85, Target: 6181.13, SL: 6249.00
06/11/2013 12:00 SL Trailed: 6266.31
06/11/2013 12:10 Sell near 6243.55-6239.00, Target: 6198.04, SL: 6266.31
06/11/2013 12:35 SL Trailed: 6264.68
06/11/2013 12:45 Sell near 6241.94-6237.40, Target: 6196.46, SL: 6264.68
06/11/2013 03:05 SL Trailed: 6249.00
06/11/2013 03:15 Sell near 6226.37-6221.85, Target: 6181.13, SL: 6249.00
GM Sunil sir,
ReplyDeletecan we go long in Nifty around 6220 today
Sunil sir,
ReplyDeleteat what levels can i consider entering longs in IDFC
Hello SR,
ReplyDeleteGood morning...
GM, Positionally can enter on dips near 6210, target 6358.
ReplyDeleteGood Morning. :)
ReplyDeleteIf it sustains above 113.75
ReplyDeleteIntraday Pivots for Nifty: 6243.16, 6295.15, 6347.15
ReplyDeleteSunil sir,
ReplyDeletelevels in BankNifty to go long
Above 11600
ReplyDeleteGood morning Sunilji
ReplyDelete@sai Good Morning.
ReplyDeleteHolding Syndicate Bank near 80 pls give levels to exit
ReplyDeleteHas resistance at 93.4, above which can head to 96.4, Support at 91
ReplyDeleteok thank you
ReplyDeleteGood morning SR and AC readers :)
ReplyDeleteMomentum lost in Trade 100. Exit?
ReplyDeleteBook the remaining profits in bank nifty strangle @ 575
ReplyDelete@Guest Good Morning. :)
ReplyDeleteLets hold for now with the same SL.
ReplyDeleteNifty Pivots below 6243.16: 6191.17, 6139.18
ReplyDeleteBUY Bank nifty strangle, 11700 ce and 11200 pe @ 479. Remember, if u gonna buy 100 (quantity), buy 50 now and keep the rest to average it in case if premium goes down.
ReplyDeletehi HAM,
ReplyDeletebought 2 lots each @ 471..
chances of crossing 11700 is high itseems
Good.
ReplyDeleteNot sure as the markets are highly over-bought and even it doesn't matter to us as we are holding a strangle and we only want BN to make swing moves of 200-300 points in a day.
Any ways as we bought when Vix index is near day high, it's better to keep back-up amount in case of averaging the strangle. Lets hope for the best :)
Yesterday, I said nifty below 6255, next level is 6225. Here it is !!
ReplyDeleteIf nifty slides below 6215, next level to watch is 6125
ReplyDeleteSunil sir,
ReplyDeletewhy is Nifty week in spite of Dow Futures in positive and Nifty is under performing suddenly from a week..
is this the sign of huge reversal ??
is the high done for this year ??
It's just profit booking. Actually nifty is super-strong as long as it stays above 6010.
ReplyDeleteHAM sir,
ReplyDeletefrom which level nifty might turn towards 6400
also is it better to go long in BankNifty or Nifty as BankNifty started profit book 1st and Nifty followed..
while going up will Banknifty lead or Nifty..any idea ??
Earlier when nifty fell to 5100, BN first reacted to its effect and later nifty but while rising, nifty is very active and BN is following it. After this correction, when a bounce comes, during that time, nifty may test 6400/6500. Lets see how it goes.....
ReplyDeleteToday if Nifty closes above 6210, Buy 6300CE and 6000PE, Targets: 6358, 5915.
ReplyDeleteThis is a asymmetrical strangle and we go with ATM CE and OTM PE as bias is upwards. However, if profit booking sets in ... Nifty may likely slide down to 6062, 5915 levels.
WHAT IS ATM & OTM MEANS..
ReplyDeleteITM - In the money
ReplyDeleteATM - At the money
OTM - Out of the money
thanks...SR
ReplyDelete