Quotes with Resistance & Support
Market Information

Intraday calls for 05-10-12

Posted on: October 5th, 2012 at 8:23 am

Markets likely to open higher, support for nifty is at 5740 (closing basis)

Buy Prestige Estates at 144, Target: 150, SL 139 – (SL triggered in Prestige estates. )

11.28am – Sell SBI at 2306, target: 2285. Stoploss: 2325

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955 Responses

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  1. Be!ng Human Says:
    October 7th, 2012
    Posted at: 11:20 pm

    Hi sanzy, Ok, yes, may be. Lets see.
    JP has resistance at 91, keep 93 as a SL and can short it for a target of 83/81. If at all in profits, book it.
    One can short bank nifty at current levels by keeping 11650 as SL for the target of 10900/10800 in coming days.

    Hi MURALI, Probably u r not following my posts. First go to my earlier posts and check, I clearly mentioned to book profits in 5800 CE and Nov 6000 CE when nifty touched 5800 on Thursday and I repeated many times to book profits in long positions. If u have any doubt please do check my Thursday, 4th Oct day's all post and decide urselves what is wrong with u.
    Don't give false statements before knowing the facts. Got my point????
    If u r holding calls, book profits by tomorrow and buy 5700 PE and 5500 PE. I repeat again, BUY PUTS. Good luck.


  2. Rise Says:
    October 7th, 2012
    Posted at: 11:22 pm

    sir can i buy herucles to avg my holding of it at current levels.....m holding 200 shares of hercules at 185......n 190 qty at 142......shud i buy more at current levels.....n wat wil be the target in 2 to 3 months ??


  3. sanzy Says:
    October 7th, 2012
    Posted at: 11:31 pm

    hi Be!ng Human ,
    what makes you feel Nifty will tank bellow 5700 in near term..
    even if there is profit booking will there be a sell off of 300 points..
    pls explain if u would like to explain...


  4. aabha Says:
    October 7th, 2012
    Posted at: 11:31 pm

    Hi Be!ng Human, U are right. i had bought gold in large quantity whn my son was born, whch was year 2009. in 3 years it has doubled now. Gold good buy at current rates or wait for dip....what are the ideal levels to enter gold for long term. also are diamonds a good investment option?


  5. cerulean Says:
    October 7th, 2012
    Posted at: 11:32 pm

    Hi CB, GE , Yes, true enough !Personally , somehow , buddist way of thinking ,helps .. b>Hi Be!ng Human, GE,yes ,horrible indeed ..
    One needs to have faith AND an attitude that never gives up . Blessed are we , if we have both ..
    Hi SM, GE, Yes ,grew up on RD ! But , now it is internet [easy , shortcut !]
    Hi Aabha, in reply to yr message-""Hi Be!ng Human, Hi cerulean, Good Night...Go to sleep now...N Njoy your weekend!"" You too rest well and all the very best with your trades!


  6. aabha Says:
    October 7th, 2012
    Posted at: 11:33 pm

    Hi Kartik, thanx for the reply....what are the ideal levels to enter in Goldbess?


  7. Kartik Says:
    October 7th, 2012
    Posted at: 11:41 pm

    Hi Mahender, likely to see some profit booking ahead, hold your CE's with a SL at 5690 (support at 5700)

    Hi cerulean, GE, :)

    Hi Rise, faces resistance at 145-150 lvls, dont add more of it yet, wait for some time, hold it for another 6-8 months time, can do well

    Hi aabha, enter around 2700


  8. Nall's Says:
    October 7th, 2012
    Posted at: 11:43 pm

    Hi Be!ng Human,
    Now u will say buy PEs and Later u will book profits in u r calls
    and by that time some one will delete my post....
    why r u giving wrong advise...? tnx lot


  9. choton Says:
    October 7th, 2012
    Posted at: 11:44 pm

    Hi Kartik , now I don"t want any link .... want your suggestion of my quarry at 10.10 pm.


  10. cerulean Says:
    October 7th, 2012
    Posted at: 11:48 pm

    Hi aabha, Yes , If we invest in gold , it will be a good inheritance for the future generations .In my case it was bought for me , [may be to avoid tax, not sure]+ inherited some..But they are just stacked away in lockers . Yes , each year we think , gold has risen high , And anticipate a fall, but no , it just rallies on .
    I do even now go for real antique pieces , prefer that to goldbees , for some odd reason ..


  11. Be!ng Human Says:
    October 7th, 2012
    Posted at: 11:52 pm

    Hi aabha, Yes, u r right but as per my knowledge gold tripled in its figure since 2007-2008. No idea abt diamonds but gold is a best buy in any possible dip. Am pretty sure that gold will touch Rs.40,000 in 2013 year and even 42-45,000 is more likely.. Ask CB abt diamonds. TC, Good night.

    Hi cerulean, Yes, U r perfectly right, we need both to survive in hard-times. I found one more site for FAQs on this incident. Please check once if u find time, TC, GN
    http://blog.stuartmillenglish.com/2010/07/13/how-to-listen-to-this-story-ed-gavagan-drowning-on-sullivan-street/


  12. Mahender Says:
    October 8th, 2012
    Posted at: 12:03 am

    Thank you for the suggestion Sir. Good Night.


  13. Be!ng Human Says:
    October 8th, 2012
    Posted at: 12:03 am

    Hi Kartik, Good night.


  14. cerulean Says:
    October 8th, 2012
    Posted at: 12:13 am

    Hi aabha, Gold and land , and of course education , was preferred over diamonds [by my parents and grandparents and other elders ] as the resale value is not worth the price for diamonds or any other precious stones ..This may be an old school of thought , but future may be different.
    BUT IF YOU ASK ME , THE WORK , CB , KARTIK, as well as , SM , KB , BEING HUMAN ,AND ROBOTGUY DO HERE , IS WORTH FAR MORE THAN ANY of those mentioned above.
    They are blessed , and lucky,to have ,lived a meaningful life.
    they are doing this ,in addition to their own professions


  15. komsid Says:
    October 8th, 2012
    Posted at: 12:34 am

    Hi aabha, pls wait for the gold buy for some time, if the rupee continues to appreciate , there will be some drop in the gold price. For the long run, of course, can be bought any time, gold still not reached the level of 80's if inflation applied.


  16. Sohan Says:
    October 8th, 2012
    Posted at: 12:49 am

    Hello All,

    I read somewhere on daily FX, cannot get that page, i tried to search.

    The next possible interest would be platinum and diamonds.

    Gold would have a small correction but overall the trend remains bullish.

    Sohan

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