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

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
Intraday Pivots for Nifty: 6150.53, 6198.75, 6246.97
ReplyDeleteSunil sir GM,
ReplyDeleteyour view on USL..
holding 2800CE around 2715 levels..
pls advice levels for today
GM, Hold with SL below 2688, Can test 2753 if markets remain positive
ReplyDeletehi SR,
ReplyDeletealthough, nifty closed below 6220 for 3 days, but, Can soem bounce happen, as its closing in Red for last 5 days
@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.
ReplyDeleteGood Morning Sunilji. Thanks for the Pivots :)
ReplyDeleteoks, other than Auto channles s/w, how can i determine imp. support resistance levels, pls. help :)
ReplyDeleteIn simple terms, look for levels from where trend has reversed previously.
ReplyDelete@sai Good Morning. Always welcome. :)
ReplyDeletehow does Tata Motors look, can 350 PE be bought
ReplyDeleteAvoid it. Its in a consolidation range with positive bias. Support near 363.5, Resistance near 370
ReplyDeletesir,
ReplyDeletei think nifty may start its uptrend after european markets open......
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.
ReplyDeletethank 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....
ReplyDeleteBulls 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. :)
ReplyDeleteNo idea how INFY results would shape up.
thank you sir.....
ReplyDeleteis there any website where we can track the futures of european and american markets sir......
www.investing.com
ReplyDeletehttp://www.investing.com/indices/indices-futures
ReplyDeleteSir,
ReplyDeleteIf OPEN interest is increasing (like in ONGC for 300 CE ) is mean that share price will go up in next coming days..
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.
ReplyDeleteThanks for the clarification......
ReplyDeletei think, if share price is also going up with increase in OI, than chances are there of it rising more
ReplyDeleteHi Sunil,
ReplyDeleteI 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 :-(
Yes Tarun but keep a eye on volumes also dont enter options if there is not much traded volume
ReplyDeleteNot sure what happened. Just checked and found no message in the unapproved or spam message.
ReplyDeleteHi 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....
ReplyDeleteoh ok. :D
ReplyDeletethank you sir....
ReplyDeletei hope nifty will close above 6172 and tomoro may be a gap up sir......
thank you...
ReplyDeletesir please mention today's high and low points of nifty sir........hope that breakup may be on the positive side sir....
ReplyDeletealready mentioned above 6160 and 6192
ReplyDeletethank you sir...... nifty closed at 6174.60 sir.......
ReplyDelete