Sensex and Nifty – Positional Trade

Nifty Futures investors can look to buy in dips from 6020-5960 in small lots or Nifty bees with a stoploss of 5930 and a possible target of 6150. Leverage can be done at 19700-19900 sensex with strict stops.

Regards,
Nooresh
Analyse India
nooreshtech.co.in

15 Comments

  1. Raj
    November 16, 2010

    Please can you advice on IDBI bank at current level’s.

    Thanks.

    Reply
  2. Manish
    November 16, 2010

    Hi,

    whats your take on Aarvee Denim is short & medium term & also Marksan Pharma.

    Reply
  3. gunjan
    November 16, 2010

    Dear Nooreshji,

    Please guide me on bajaj hindustan, ricoh auto and punj lyod at current levels.

    Regards
    Gunjan

    Reply
  4. Nirmal
    November 16, 2010

    Nooresh,

    I was talking about ferrocious rally to 6550 , my stop loss of 6100 has already triggered..

    Thanks

    Reply
    1. nooresh
      November 16, 2010

      Hi Nirmal ,

      Well for me the medium term stoploss is maintained at 19650 on Sensex

      Reply
      1. rajesh thanedar
        November 18, 2010

        i bought polaris @ 183 exit at 165 please tell when to enter at 147 or 125

        Reply
  5. Nirmal Bhattacharya
    November 17, 2010

    Hi Nooresh,

    Your earlier reply to Mr. Nirmal is different person. and I would like to request that person to mention his surname to identify that it is not me. As fer as stop loss is concern, you have mentioned earlier that sensex may take a bounce from 19750 – 19800 level so I’ve started staggered buying of Lokesh Maching, Ballarpur Inds, IDFC, Reliance Inds. Can you suggest some other script which is purely for investment.

    Thanks

    Reply
  6. madhu
    November 17, 2010

    hi,
    Is 5930 to be maintained on closing basis?

    Reply
  7. Bharat Tank
    November 17, 2010

    hi
    stop loss 5930 is closing basis or intraday tuch.

    Reply
    1. nooresh
      November 18, 2010

      Hi Bharat ,

      Closing

      Reply
  8. Imtiyaz
    November 17, 2010

    Hi Nooresh,
    I went long in nifty dec future at 6153 yesterday and could not track it whole day. Now I am 130 points down in that, will you please let me know what can be done now

    Reply
    1. nooresh
      November 18, 2010

      Hi Imtiya,

      Would suggest to hold on

      Reply
  9. Nirmal
    November 17, 2010

    Nooresh/Shams,

    In a nutshell,
    Your views and research is incredibly strong. We did not cross 21200 too and as u said
    watching 19650. BTW, i have been chopped off and incurred huge loss.

    Hats off to you.

    Regards
    Nirmal.

    Reply
    1. priyush
      November 22, 2010

      nirmal u are not a smart trader…
      so all the best

      Reply
  10. madan
    November 17, 2010

    Dear friends,i found this blog last week.good levels to follow.check it.follow it https://nifty-intraday.blogspot.com/

    Reply

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