Real-Time Nifty Trades on 08/11/2013

48 Comments
08/11/2013 09:15  Trend: Negative, SL: 6229.56
08/11/2013 09:20  SL Trailed: 6180.96
08/11/2013 09:30  SL Triggered, Trend: Positive, SL: 6145.72
08/11/2013 09:40  Buy near 6170.11-6174.99, Target: 6218.90, SL: 6145.72
08/11/2013 10:10  Caution: Exit Longs near 6170.11-6174.99, SL: 6145.72
08/11/2013 12:20  SL Triggered, Trend: Negative, SL: 6176.79
08/11/2013 12:30  Sell near 6152.33-6147.44, Target: 6103.40, SL: 6176.79
08/11/2013 02:05  SL Trailed: 6161.82
08/11/2013 02:15  Sell near 6137.46-6132.59, Target: 6088.75, SL: 6161.82
08/11/2013 02:50  Caution: Exit Shorts near 6137.46-6132.59, SL: 6161.82

NiftyIntraday08112013

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

  1. Intraday Pivots for Nifty: 6147.40, 6199.41, 6251.42

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  2. GM sir what are the next 2 support for nifty

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  3. @venkat200@yahoo.com Good Morning. 6147, 6095

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  4. Sunilji, Good Morning. Pivots given here are spot or future

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  5. Good morning JK:)
    Thanks for accepting my request and coming over here to join us.
    Howz trading going on?

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  6. @SAI Good Morning. All are spot levels.

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  7. A small bounce is likely.

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  8. Good Morning Sirji/HAM !
    Its good to see HAM active here that too after so many days of hibernation :)
    Can a positional short be taken from this lvl?

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  9. Good morning Promod :)
    Yeah for couple of days and good to see you too..
    Good word for a bear, 'Hibernation'
    Sorry, cant prefer on one side, I may be wrong sometimes which may lead to losses. So, u can go with DEC 6300 ce and 6200 pe. Am already holding a strangle since couple of days (6400 ce and 6300 pe). On Monday we may re-enter in BN strangle.

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  10. Below 6150, its our old target of 6125..

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  11. I am holding 6300 PE and 6400 CE Nov at 190 for last 10 days.What do u suggest?

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  12. ham sir ,thanks again and execute your instruction

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  13. Ok, keep SL of 171(combined price of strangle) and try to exit by today and again re-enter on Monday.

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  14. Good morning :)
    Am fine and hope the same with u too.
    Thank you

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  15. Hi SR & All, Good morning,
    What do u expect the movement of Nifty today?

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  16. SR,
    Yesterday ECB cut rates, US economy grew 2.8% in third quarter and twitter stock listed yesterday around $45 (up 80%). All the people over there were bullish and were on long side but despite of all those good news, their market fell and Nasdaq down nearly 2%. today also US and EU market may fall.

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  17. Yes, Seems there was huge long build up on expectations which saw some profit booking after news.

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  18. @Kris hna As of now Nifty is holding onto support and may show a bounce to 6220 level.

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  19. Yes, their markets are also highly over-bought..

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  20. Thanks, a big move is expected in either side 6250/6060,
    will then exit the strangles.

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  21. sir does the nifty fut selling at high premium tells anything?

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  22. High premium generally indicates buying interest seen. But they are not an indicator to take any positions

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  23. Below 6125, it's 6091. If takes support near 6120, nifty may bounce back to 6200 again.

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  24. Exit from Dec strangle near cost as the difference between ce and the pe is 100/- We may again re-enter in fresh strangle of nifty as well BN on Monday..

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  25. Try to avoid holding options near weekends(Fri&Thurs). Well Vix index is near day..

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  26. Hi SR, Can we short nifty now?

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  27. Yes, Keep SL above 6148. Can test 6095.

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  28. Yes, even 6050 is likely below 6120.

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  29. Nifty, an unpredictable feeling of so many iffs & buts.............

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  30. Sorry for the delayed reply.
    U r always welcome JK :)

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  31. Have a great weekend SR and AC readers :)

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