Quotes with Resistance & Support
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Intraday calls for 03-10-12

Posted on: October 3rd, 2012 at 8:27 am

Markets likely to open slightly lower. Support for nifty is at 5640 and resistance at 5750

Buy Archies at 27.50, target: 29. Stoploss: 26.50

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652 Responses

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Comment pages: 2345678910Show all

  1. Mahesh Says:
    October 3rd, 2012
    Posted at: 9:03 am

    Hi CB / Karthik,

    If Nifty Breaks 5650 does it mean the down trend starts?


  2. CB Says:
    October 3rd, 2012
    Posted at: 9:04 am

    Hi venky, does have resistance at 550 levels. not sure of entering a long yet.


  3. Subin Says:
    October 3rd, 2012
    Posted at: 9:04 am

    Hi gm..nifty preopening 236 point down..what is it


  4. CB Says:
    October 3rd, 2012
    Posted at: 9:04 am

    Hi Mahesh, no, could test 5580. trend may change to negative if nifty trades below 5550 for 2-3 days.


  5. Munna Says:
    October 3rd, 2012
    Posted at: 9:05 am

    Hi CB, Thanks. Can I enter any of below for 1 week?

    IVRCL
    DLF
    SAIL
    BIOCON
    IDFC


  6. CB Says:
    October 3rd, 2012
    Posted at: 9:05 am

    Hi Subin, Good morning. its likely to adjust.


  7. kb trader Says:
    October 3rd, 2012
    Posted at: 9:05 am

    Hi Kartik, Good morning


  8. CB Says:
    October 3rd, 2012
    Posted at: 9:05 am

    Hi Munna, can go with ivrcl and biocon for now


  9. SMK Says:
    October 3rd, 2012
    Posted at: 9:06 am

    GM CB and everyone out there :)

    Holding Axis @ 1142.
    You had said that it will go to 1180 to 1200 in short term. But it is movimg in the range of 1125 to 1135.
    Will it go to 1180 or 1200 in a week or two. Shall I hold it. Kindly advise.


  10. CB Says:
    October 3rd, 2012
    Posted at: 9:07 am

    Hi SMK, Good morning. technically does look good above 1110-1120 levels. can hold it for short term.


  11. Munna Says:
    October 3rd, 2012
    Posted at: 9:09 am

    Hi CB, Premarket settled at +ve 9 points. How will RELINFRA trade. Holding short @ 541. CMP 558. Pls advise SL.


  12. CB Says:
    October 3rd, 2012
    Posted at: 9:10 am

    Hi Munna, as of now hedge it with a ce at opening. a 560ce.


  13. VS Says:
    October 3rd, 2012
    Posted at: 9:10 am

    goodmorning cb, i am in holding of ANANT RAJ @ 70, what u suggest, at what level i shall exit from it?


  14. CB Says:
    October 3rd, 2012
    Posted at: 9:11 am

    Hi VS, Good morning. would advice to book profit for now. has rallied quite a bit


  15. SB | sagarblog.com | Says:
    October 3rd, 2012
    Posted at: 9:13 am

    Hi CB, Looking for a short in tatasteel fut and Lic fut .


  16. VS Says:
    October 3rd, 2012
    Posted at: 9:13 am

    ok, sir, shall i buy INDUSIND BANK for intraday?

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