Intraday calls for 01-11-2012
Markets likely to open flat, Resistance for Nifty at 5640.
Buy Rushil Decor around 287, Target: 293.50, SL 283 – (Continue to hold Rushil. Looks good technically)
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cerulean Says:
November 1st, 2012
Posted at: 11:41 pm
Hi SM, OK ..that is really kind of you to update ..I did not trade any ..There is a quirky trade I usually do just before the 8 o'clok bell and cover within 10 seconds ..Haven't done any the past 2 Thursdays..
There is some thing else that is bothering and is keeping me preoccupied ..It has to with the properties I,ve inherited ..I have to weigh down the pros and cons and decide ..MAY BE I WILL ASK for an opinion from YOU, CB and SR..
SM Says:
November 1st, 2012
Posted at: 11:42 pm
Hi avinab, Everybody address me by SM. You can do the same. I am a trader and remain busy during trading hours. So Gtalk is definitely out of the picture for me. But sometimes I come here in nseguide during trading hours and have a nice chat with all my friends here. For day to day trading activities and assistance you can consult CB and Kartik who are owners of this site and immensely help people with their trading and investment queries :)
AV Says:
November 1st, 2012
Posted at: 11:47 pm
Hi SM, Well i hv changed to " AV" now ...: ) :) ... what about ur take on SHREE RENUKA tomrw?
Mayank Says:
November 1st, 2012
Posted at: 11:48 pm
Hi Kartik, Hi SM, plz reply for my 11:20 pm querry
SM Says:
November 2nd, 2012
Posted at: 12:35 am
Hi cerulean, You are welcome. If you are speaking about properties and if I know right, you were discussing about ESTATES and FARMS with Priyanka. If something else is bothering you then again its a different story. But if it is FARMS, please ponder upon this :
These mist covered mountains
Are a home now for me
But my home is the lowlands
And always will be
Some day you'll return to me
Your valleys and your farms
And you'll no longer burn
To be brothers in arms
Through these fields of destruction
Baptisms of fire
I've witnessed all your suffering
As the battle raged higher
And though they did hurt me so bad
In the fear and alarm
You did not desert me
My brothers in arms
There's so many different worlds
So many different suns
And we have just one world
But we live in different ones
Now the sun's gone to hell
And the moon's riding high
Let me bid you farewell
Every man has to die
But it's written in the starlight
And every line on your palm
We're fools to make war
On our brothers in arms
This link is specially dedicated for you :
http://www.youtube.com/watch?v=jhdFe3evXpk
ENJOY :)
AV Says:
November 1st, 2012
Posted at: 11:51 pm
Hi Mayank, Oooo...Sirji ... CHINI kharido ..CHINI .. Diwali ka Mausam hain :0)
Sohan Says:
November 1st, 2012
Posted at: 11:54 pm
Hi SM, How are you ?
Sohan
YOGI Says:
November 1st, 2012
Posted at: 11:55 pm
Hi SM(abdu.....)?,
Priyanka Says:
November 2nd, 2012
Posted at: 12:06 am
Hi SM, Hi Abdullaji,GE.....
what is your take on nifty for tomorrow?
thanks.
SM Says:
November 2nd, 2012
Posted at: 12:07 am
Hi AV, 32-32.50 will act as good resistance zone for Renuka. This level coincides with 10day MA, simple. Can add some more gains above this.
Hi Mayank (aka Suzanne), Both looks good. Hold. But try to book Adani on rise. Has resistance at 235-240 zone.
Hi Sohan, GE. Im fine. Hope you are too :)
Hi YOGI, GE yaar :)
YOGI Says:
November 2nd, 2012
Posted at: 12:12 am
idfc 168.50/170.50@@@@ adani 229.50
AV Says:
November 2nd, 2012
Posted at: 12:14 am
Hi SM, TATA MOTORS ... technically tomorrow ???
SM Says:
November 2nd, 2012
Posted at: 12:14 am
Hi Priyanka, GE. Lets see where we open tomorrow. Very good support at 5620-5625 levels. 5685-5700 good resistance levels.
Any dip should be bought in to provided 5620 holds. But above 5700 till 5730 was a congestion zone. Once Nifty enters that zone people will try to trade the range and scalp for small gains. Above 5730 another round of gains :)
cvrprakash Says:
November 2nd, 2012
Posted at: 12:16 am
Dear CB,
Do I need to close the short position and go long now? How is the outlook?
Yesterday I entered DLF 190 PA and Nifty PA.
I can hold on both, if you suggest me to.
Everyone talking of 5500-5550 levels but Nifty seems to going up irrespective of all the negative views. Bit confused, please guide me. Thanks.
Priyanka Says:
November 2nd, 2012
Posted at: 12:20 am
Hi SM, Thanks for your guidance.
SGXNifty +42. A gap up likely.....5685.... Let us see how asian markets open.....
SM Says:
November 2nd, 2012
Posted at: 12:21 am
Hi AV, Broadly 260 to 270 will be the range. In 5 min chart an imp bar was at 3:20 pm. The high was 269.55. Huge volumes of that bar and the next bar. 260 was the beginning of the upmove. Hence the range.