Real-Time Nifty Trades on 08/01/2014

32 Comments
08/01/2014 09:15  Trend: Negative, SL: 6187.52
08/01/2014 09:20  Sell near 6168.73-6164.97, Target: 6131.14, SL: 6187.52
08/01/2014 09:30  Caution: Exit Shorts near 6168.73-6164.97, SL: 6187.52
08/01/2014 10:40  SL Triggered, Trend: Positive, SL: 6158.04
08/01/2014 10:50  Buy near 6177.14-6180.96, Target: 6215.34, SL: 6158.04
08/01/2014 01:05  Caution: Exit Longs near 6177.14-6180.96, SL: 6158.04

NiftyIntraday08012014

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

  1. Intraday Pivots for Nifty: 6150.53, 6198.75, 6246.97

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  2. Sunil sir GM,

    your view on USL..
    holding 2800CE around 2715 levels..
    pls advice levels for today

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  3. GM, Hold with SL below 2688, Can test 2753 if markets remain positive

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  4. hi SR,
    although, nifty closed below 6220 for 3 days, but, Can soem bounce happen, as its closing in Red for last 5 days

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  5. @tarun Nifty is trading near major support of 6172. Though it closed below it yesterday, downward momentum was not strong. We will get a confirmation of break of support if Nifty closes below 6172 today as well which may lead Nifty to next support of 6026, else we may see a bounce back to 6318 level.

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  6. Good Morning Sunilji. Thanks for the Pivots :)

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  7. oks, other than Auto channles s/w, how can i determine imp. support resistance levels, pls. help :)

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  8. In simple terms, look for levels from where trend has reversed previously.

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  9. @sai Good Morning. Always welcome. :)

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  10. how does Tata Motors look, can 350 PE be bought

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  11. Avoid it. Its in a consolidation range with positive bias. Support near 363.5, Resistance near 370

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  12. sir,
    i think nifty may start its uptrend after european markets open......

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  13. Uptrend if it has to start, will have to start tomorrow only if Nifty consolidates and closes above 6172 and then breaks above today's high at opening tomorrow.

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  14. thank you for the views sir.... i think.. nifty will close above 6172 today... sir why nifty is not moving as expected from past 2 days even though global markets are positive... can you please tell me whether the INFY results will be positive for markets or not.......... please share your views sir....

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  15. Bulls trying to buy near support of 6172 with SL of prev month's low of 6129. Bears trying to break below it. Lets see who wins. :)
    No idea how INFY results would shape up.

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  16. thank you sir.....

    is there any website where we can track the futures of european and american markets sir......

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  17. http://www.investing.com/indices/indices-futures

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  18. Sir,


    If OPEN interest is increasing (like in ONGC for 300 CE ) is mean that share price will go up in next coming days..

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  19. If OI of a particular option increases and is maximum to its peers. Then that strike price will generally act as a barrier. For ONGC, if OI of 300CE is increasing, indicates most option writers have shorted 300CE and ONGC will likely expires below 300 and 300CE would become zero.

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  20. Thanks for the clarification......

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  21. i think, if share price is also going up with increase in OI, than chances are there of it rising more

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  22. Hi Sunil,
    I had just typed out some message and then I selected the part to post as....and then I logged in to my gmail id....but after I logged in to my gmail...the message which I had typed out on your site disappeared...can u guess what can be the problem :-(

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  23. Yes Tarun but keep a eye on volumes also dont enter options if there is not much traded volume

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  24. Not sure what happened. Just checked and found no message in the unapproved or spam message.

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  25. Hi Sunil, It cannot be in Spam it just dissapeared even before I could post...it was not any important message....Just had mentioned regarding HAM-Mer and STRANGLE-ulator Mr. HAM is missing in your site....

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  26. thank you sir....

    i hope nifty will close above 6172 and tomoro may be a gap up sir......

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  27. sir please mention today's high and low points of nifty sir........hope that breakup may be on the positive side sir....

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  28. already mentioned above 6160 and 6192

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  29. thank you sir...... nifty closed at 6174.60 sir.......

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