19/11/2013 09:15 Trend: Positive, SL: 6154.76
19/11/2013 09:25 SL Trailed: 6174.30
19/11/2013 09:35 Buy near 6196.83-6201.34, Target: 6241.89, SL: 6174.30
19/11/2013 12:20 Caution: Exit Longs near 6196.83-6201.34, SL: 6174.30
19/11/2013 09:25 SL Trailed: 6174.30
19/11/2013 09:35 Buy near 6196.83-6201.34, Target: 6241.89, SL: 6174.30
19/11/2013 12:20 Caution: Exit Longs near 6196.83-6201.34, SL: 6174.30
GM Sunil sir,
ReplyDeleteyour view on TataMotors..
holding 400CE at 391 levels
@Auto Channels GM. Can test 396
ReplyDeleteGood morning Sunil,
ReplyDeleteTough going for Vishy, 5 more matches to go :-(
Good morning SR and AC readers :)
ReplyDeleteHi SR, Good morning
ReplyDeletePreviously in Google finance, Nifty was updated automatically, but now a days it is to be refreshed manually. Is there any setting to be automated?
@Robotguy Good Morning. :)
ReplyDelete@Guest Good Morning. :)
ReplyDelete@Kris hna Good Morning. Not sure about it. Seems they are working on the API. Even I had to make some modifications in my software last week to adapt the changes.
ReplyDeleteS&P is very highly over-bought at current levels and likely to correct in coming days and so follows EU and other global markets. Below 1770, it's 1747/1700.
ReplyDeleteNifty moved with momentum yesterday and today too some steam left in it, lets see how it goes.......
ReplyDeleteThanks, lets see......
ReplyDeleteIn options, calls are way costlier than puts, this means people showing more interest in buying calls.
ReplyDeleteBook part profits in BN Dec strangle (10500+11500) near 445/450 and hold the rest till 470/480
ReplyDelete6212 as pivot played amazingly, shorted twice near that level :)
ReplyDeleteNice trading style. AC pivots are really good for intra-traders :)
ReplyDeleteIf BN Dec strangle premium falls to 380/350, then average your position there for good returns...
ReplyDeleteHello sir, Whether Nifty can test 6230 / 40 today?
ReplyDeleteGA.
ReplyDeleteIf it stays above 6210 on hourly charts...
@Kris hna If 6212 is broken, can head to 6264. Not sure of intraday.
ReplyDeletePositionally, Nifty has opened upsides to 6358. However, Nifty may try to fill the gap created yesterday and retrace to 6100-10 levels before moving up. Positional support at 6042.
Nifty has some momentum left as of today but shall wait and watch how EU markets opens?
ReplyDeleteThanks, Its not positional,
ReplyDeleteBought at dip, to be exited on rise, purely intra day approach.
Ok, Thanks
ReplyDeleteWhat should be the TSL of Nifty?
Always welcome :)
ReplyDeleteKeep day's low as SL and trail to 5 points for every 10 points rise in nifty..
Good idea !!
ReplyDeleteHello HAM, What do u think after opening EU ?
ReplyDeleteSorry, am not quite sure as of intra-day but nifty seems to be straining a bit to cross above 6210. It has to breach 6210/6230 in order to move to higher levels with fresh buying interest..
ReplyDeleteMomentum is ok as of now, keep the SL as per yellow line from AC chart or brown line in worst case scenario.
But EU and US market has to correct minimum 8-10% in near-term, if this happens before or after Christmas is yet to wait and see....
ReplyDeleteMomentum lost due to EU markets
ReplyDeleteYes, selling pressure coming in... Don't carry forward the long position as EU is in red and Dow fut just slipped into red. Take fresh position tomorrow...
ReplyDeleteIMO
Thanks, exited 2 lots with profit.... as it was difficult to test 6212 again after opening EU.
ReplyDeleteGood to hear that in this narrow range-bound market.. yes, seems so....
ReplyDeleteExit the rest of BN strangle near cost, shall re-enter later before swing moves.
ReplyDeleteSir, will it be wiser to enter Dec 6100 PE now ?
ReplyDeleteAnyways, not much movement in nifty for today.
ReplyDeleteI am getting an eerie feeling that something might go wrong in economic prospective b'coz, usually market crash occurred near all-time highs, best example is 2008 crash. Our market has no volumes as it was in the year beginning. Am not spooking anyone but sharing my thought here. Just read and forget it.
SR might be laughing, lol
Can't recommend on single side as I may be wrong sometimes in front of Mr.Unbeatable, "STOCK-MARKET"
ReplyDeleteVery true. Markets do lack volume. But volumes would rise on either side after the triangular breakout.
ReplyDeleteThank u SR
ReplyDeleteHave a great evening SR and all AC readers :)
Will respect your valuable decision !!
ReplyDeleteThank you and really appreciate for making profits for today. Keep it up !!!
ReplyDeleteHave a nice evening :)
You too.
ReplyDelete@Guest Thanks and have a nice evening you too. :)
ReplyDelete