Quotes with Resistance & Support
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Intraday calls for 04-10-12

Posted on: October 4th, 2012 at 8:19 am

Markets likely to open flat, Support for nifty is at 5640 and resistance at 5750

Buy HDFC Bank on dips

10.31am – Buy Gammon Infra at 15.30, target: 17. Stoploss: 14.20 (1-2 day hold)

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899 Responses

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  1. SURAJIT PATRA Says:
    October 4th, 2012
    Posted at: 5:45 pm

    Hi CB, I hold JPAssociate OCT 80 PE @1.55 - 3 Lots, Kindly Suggest me Hold or Exit ?? Also tell me Stop Loss


  2. raj Says:
    October 4th, 2012
    Posted at: 5:46 pm

    hi cb
    today only 4th.see oct nifty closing above 6000


  3. shankar Says:
    October 4th, 2012
    Posted at: 5:48 pm

    Hi CB ,

    I am holding IOC @265 AND FINOLEX INDUSTRIES @69.
    Please advice what to do hold or exit


  4. cvrprakash Says:
    October 4th, 2012
    Posted at: 5:51 pm

    Dear CB,

    Thanks for the updates.
    Is Nila Infra looks weak now? Or the trend in this is still up?
    @ CMP you suggest to book out? Accumulate? Wait?


  5. shankar Says:
    October 4th, 2012
    Posted at: 5:53 pm

    CB ,

    Please do reply for my query on ioc and finolex plese


  6. Rohitc Says:
    October 4th, 2012
    Posted at: 5:57 pm

    Thanks CB for your support..U have been of great help..


  7. piya Says:
    October 4th, 2012
    Posted at: 5:57 pm

    hey cb
    can i enter tata motors tomorrow for intraday???
    thanx


  8. Be!ng Human Says:
    October 4th, 2012
    Posted at: 6:06 pm

    Hi Akash, Am I HITLER to beg, don't forget am ur friend/well-wisher. Please don't say like that again by making me villain in here. I replied to u earlier to wait till evening. Why so hurry afterall market is too closed for today? Even me too lost around 43K in puts last week and I got shifted into calls and recovered more than 62K by today&yesterday by buying Oct 5800 and Nov 6000 calls. In the same way U r suppose to buy calls by selling the puts, when I said so but U didn't do it. Still don't worry/bother, wait for a chance, hopefully u can recover the loss ASAP.
    1-2 days before Infosys results, BUY OCT's INFY 2200 PE and BUY INFY 2900 CE , Let's say, buy 5 lots of 2200PE for every 2 lots of 2900 CE[calls r for hedging purpose]. Because I h've been doing this since some period as Infosys falls Rs.150-200 on the result day. Stoploss is not needed as we were hedging with calls and we r profitable on either side, hence we r on safe-side. This shall be strictly done just 1-2 days before Infosys results, don't buy now as the extrinsic value of the options fall in these 5 market working days. Later on I will update what to do on that day. Good luck.

    Hi Buffet, Even though nifty rise another 30-40 points, don't worry, it will not sustain in those levels and has to take a U-turn from there. I recommend to do nothing as of now. Please wait till tomorrow. SGX nifty will settle by night and it will always remain in premium like nifty futures.

    Hi MURALI, Sintex is in down-trend since a long time. It has support near 65-62-57 and resistance near 74-88. If breaks 76, it can head upto 88-90 levels in short-term period but cannot say for 1-2 days. Keep SL of 65 and hold it.

    Hi MK, No idea yaar, shall wait & see till tomorrow as market including almost all stocks are in over-bought zone. Plz wait for some more time.

    Hi Aabha, No need to pray for a fall in nifty, it will anyway fall but not sure now or after 5830-50. Am confused as of now. Oh..have a nice trip and say hello.. to ur hero. TC, B..bye.

    Hi molly, Thanks alot yaar. I don't celebrate it as usual every year, recalled it as one of my friends wished me and I think it's not a big deal in my point of view.. Any ways, I really appreciate ur kind-nature. May god bless u too. Ipca labs is in strong up-trend and has good support near 420 and keep this level as stoploss and it has some resistance near 485. If crosses that resistance zone, it may head upto 530 in short-term period. Good luck. TC.


  9. CB Says:
    October 4th, 2012
    Posted at: 6:06 pm

    Hi SURAJIT PATRA, as of now hold it with sl at 92.40

    Hi raj, ok.

    Hi shankar, these are good short term bets. hold onto these. ioc can test 272. finolex can add another 7-10%

    Hi cvrprakash, as of now its a hold. don't add more yet

    Hi Rohitc, you are always welcome

    Hi piya, no, not yet.


  10. Be!ng Human Says:
    October 4th, 2012
    Posted at: 6:09 pm

    Hi CB, Good evening CB. Hope u r doing good. TC


  11. Tanish Raj Says:
    October 4th, 2012
    Posted at: 6:09 pm

    Hi CB,

    Today I have booked profit on 5800 call and bought 5700 put @40.

    Any target if I can make profit in 5700 put.


  12. Shravan Says:
    October 4th, 2012
    Posted at: 6:12 pm

    Hi CB,
    What do you think about Petronet current price 161.5. It lost all its gain today.
    what is the target in the next 6-7 days. can it reach 170? if not cross it?

    Regards..


  13. wajeed Says:
    October 4th, 2012
    Posted at: 6:16 pm

    Hi CB im in big loss now in IVRCl Entered today @50.00 hoping to book profit around 54 but it fallen suddenly any bad news should i exit tomorrow pls suggest thanks.


  14. Vasanth Ladda Says:
    October 4th, 2012
    Posted at: 6:18 pm

    Hi CB,

    Tomm MKT gap up rehega kya??


  15. AM Says:
    October 4th, 2012
    Posted at: 6:19 pm

    Hi CB, can i enter Nifty Fut tomorrow for
    target 5850-5900 ?


  16. pankaj Says:
    October 4th, 2012
    Posted at: 6:20 pm

    sir, can i buy ks oil ?

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