22/11/2013 09:15 Trend: Negative, SL: 6022.65
22/11/2013 09:20 SL Triggered, Trend: Positive, SL: 6004.98
22/11/2013 09:30 Caution: Exit Longs near 6027.43-6031.92, SL: 6004.98
22/11/2013 12:10 SL Trailed: 6007.29
22/11/2013 12:15 SL Trailed: 6011.95
22/11/2013 12:25 Buy near 6034.39-6038.88, Target: 6079.26, SL: 6011.95
22/11/2013 01:15 Caution: Exit Longs near 6034.39-6038.88, SL: 6011.95
22/11/2013 02:35 SL Triggered, Trend: Negative, SL: 6033.47
22/11/2013 02:45 SL Trailed: 6030.33
22/11/2013 02:50 SL Trailed: 6011.81
22/11/2013 03:00 Sell near 5989.15-5984.61, Target: 5943.82, SL: 6011.81
22/11/2013 03:20 Caution: Exit Shorts near 5989.15-5984.61, SL: 6011.81

22/11/2013 09:20 SL Triggered, Trend: Positive, SL: 6004.98
22/11/2013 09:30 Caution: Exit Longs near 6027.43-6031.92, SL: 6004.98
22/11/2013 12:10 SL Trailed: 6007.29
22/11/2013 12:15 SL Trailed: 6011.95
22/11/2013 12:25 Buy near 6034.39-6038.88, Target: 6079.26, SL: 6011.95
22/11/2013 01:15 Caution: Exit Longs near 6034.39-6038.88, SL: 6011.95
22/11/2013 02:35 SL Triggered, Trend: Negative, SL: 6033.47
22/11/2013 02:45 SL Trailed: 6030.33
22/11/2013 02:50 SL Trailed: 6011.81
22/11/2013 03:00 Sell near 5989.15-5984.61, Target: 5943.82, SL: 6011.81
22/11/2013 03:20 Caution: Exit Shorts near 5989.15-5984.61, SL: 6011.81
GM sir, where do you see Nifty closing today? I think todays weekly close is important for next week.
ReplyDeleteIntraday Pivots for Nifty: 5961.95, 6013.67, 6065.38
ReplyDeleteGood Morning Sunilji
ReplyDelete@sai Good Morning. :)
ReplyDeleteGM sir, where do you see Nifty closing today? I think todays weekly close is important for next week.
ReplyDeleteGM. May likely remain flat today.
ReplyDeleteGood morning SR and AC readers !!!
ReplyDeleteBelow 5970, its straight way to 5890/5775
ReplyDelete@HAM Good Morning. :)
ReplyDeleteBuy BN Dec strangle [11200 ce + 10500 pe] = 450
ReplyDeleteMay be near 5940/5920, just a guess.
ReplyDeleteUS market made all-time high once again by flashing DowJ @16010.
ReplyDeleteWe already discussed about it few days ago when nifty was trading near 6200 lvls that these Indian investors shows buying interest by comparing with EU and US market and obviously, a sell-off may trigger as this is brokers game making normal investors as the victims. This small bounce is due to over-sold levels. Nifty has to move above 6120 for more buying interest.
Better follow hedging strategy...
hi SR,
ReplyDeletenifty just touched 6041, which was imp lvl yday at hourly closing
any suggestions for today on this lvl
thanks
Yes, Nifty has resistance at 6041 and 6053. Unless we break them, we cannot expect a short covering.
ReplyDeleteGOOD AFTERNOON
ReplyDeleteGood afternoon Sai :)
ReplyDeleteIdeal situation for bounce back, would be bad luck if SL trgd.
ReplyDeleteSecond half selloff starts below 5990 may leads to 5950
ReplyDeleteToday is the best example for my theory !!!
ReplyDeleteSee US fut and EU markets are trading in green but our nifty plummets from +50 pnts to -25 pnts.
'Market is not trust-worthy' is the bottom line....
sir indian market is not trustworthy?
ReplyDeleteSunil can we expect 5915 now
ReplyDeleteyes
ReplyDelete:) thank U
ReplyDeleteTrue, Nifty has the liberty to move anywhere. But we will have to acquire the risk management control so that we are most of the occasions as profitable.
ReplyDeleteNot only Indian, any market in the world is not trust-worthy...
ReplyDeleteMarket behaves exactly opposite to crowd's psychology more often. Hence, it is wise to be prepared in order to face any obstacle in the path...
Yes! Exactly....
ReplyDeletethank you sir
ReplyDeleteAlways welcome :)
ReplyDeleteToday market played a trick by dumping nifty from day highs along with the Vix index in order to make options loose more premium at best... Smart market, huh ??
ReplyDeleteMarket falling with lack of fear which means, if taken support at current levels, it may give a bounce above 6100 once again... IMO
ReplyDeleteAnyways, have a great weekend SR and all AC readers :)
ReplyDeleteSee y'll next week.
Thanks and Have a great weekend you too. :)
ReplyDeleteThank you :)
ReplyDeleteOne more SL is going to be triggered, market so volatile.......
ReplyDelete@HAM Lovely analysis!! what a two sided view this is, I observe from last week, what is the use of these type of views? better give calls after breakout/down.
ReplyDeleteBank nifty strangles are in handsome loss!!!! Always u give long strangle, none of the trader made money in long strangles
Please explain in detail where you incurred loss??
ReplyDeleteIt is true we shifted from one strangle to another in order to avoid loss and it's due to the big gap between call and put and whatever, I my self is profit in my overall trades(combination of nifty and bank nifty), how come u incur loss ? If at all in loss, it will definitely recover in future with my up-coming calls.
"If u really have any kinda idea of Vix which is trading near lows, you would have got the clear picture, why strangles are not giving returns as expected."
And you please avoid/ignore whatever i post here and follow your wonderful analysis.
Secondly, my levels are perfect from the very beginning and dont care with your assertions or whatever you think. Please mind it. follow in your own way :) Got it ??