Quotes with Resistance & Support
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Intraday calls for 07-02-13

Posted on: February 7th, 2013 at 8:32 am

Markets likely to open flat, Support for Nifty at 5940

Sell Banknifty below 12370 (strong support) – (Book profit in Bank nifty at 12320)

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308 Responses

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  1. j k nambiar Says:
    February 7th, 2013
    Posted at: 8:01 pm

    Hi CB. good evening cb sir. can u kindly explain with a simple example how to hedge? many thanks.


  2. WELL PLAN Says:
    February 7th, 2013
    Posted at: 8:05 pm

    LAST WEEK MOST OF INDEX WILL REACH ALL TIME HIGH

    The Dow Jones index rose as high as 14,000.97 in early trading.

    The index last traded above 14,000 in October 2007.

    Tokyo's benchmark Nikkei 225 index on Wednesday

    soared to its highest close since September 2008,


  3. wajeed Says:
    February 7th, 2013
    Posted at: 8:24 pm

    Hi Cb/Karthik you miss my query
    what is your view on nifty ransom? today, "They" increased the premium from 10 points to 25 points in last 1 hour....what is your view ? Thanks...


  4. j k nambiar Says:
    February 7th, 2013
    Posted at: 8:28 pm

    good evening cb sir. when u say banknifty i presume u mean banknifty future. pls correct me if i am wrong. pls expect more silly questions from me! many thanks.


  5. RAVI Says:
    February 7th, 2013
    Posted at: 8:45 pm

    hi cb, can i enter hdil around 71 tommorow kindly sugest the good suport lvl
    thanks


  6. cerulean Says:
    February 7th, 2013
    Posted at: 8:48 pm

    Hi PRAVIN, I don't suggest a buy .. I am not a tech person ..I am sorry , if the messages of data confused you..Tc


  7. Kartik Says:
    February 7th, 2013
    Posted at: 8:54 pm

    Hi j k nambiar, hedge means entring the opposite trade, eg: if you have entered Call in options (or a long in cash market) and the stock goes down breaking its strong support level, you may enter a Put (or short the stock in cash Market) to cover some of your losses, Yes, its BankNifty future

    Hi RAVI, it looks weak overall, avoid it

    Hi wajeed, GE, for now it seems may open lower tomorrow around 5910, below 5940 looks weak


  8. azhar Says:
    February 7th, 2013
    Posted at: 9:06 pm

    Hi CB, i bought suzlon @ 26.15 and tomoro i have sell it before 1:00. suggest me something please


  9. cerulean Says:
    February 7th, 2013
    Posted at: 9:09 pm

    Hi PRAVIN, Sorry i hadn't replied earlier .. Kindly be careful whenever you enter a trade ...Crude can be very volatile ...I post The data messages here , just so that we can anticipate a movement around that time ..
    As CB has answered , hope you haven't entered a trade ..


  10. PRAVIN Says:
    February 7th, 2013
    Posted at: 9:11 pm

    Hi
    cerulean
    thanks
    any way ur mgs nor for sell or buy
    but i short at 5180 and covered at 5141
    thanks
    your was right


  11. cerulean Says:
    February 7th, 2013
    Posted at: 9:14 pm

    Hi Kartik, /CB, I may not be online most of the time ..I am sorry , if the data' messages mislead anyone . Kindly feel free to delete them ,whenever required .
    (07Feb2013 21:05:48) : 9.02pm USD Natural Gas Storage ACTUAL -118B FORECAST -132B

    Thank you.


  12. cerulean Says:
    February 7th, 2013
    Posted at: 9:16 pm

    Hi PRAVIN, That is really nice ..Am relieved .. WELL DONE !!1


  13. PRAVIN Says:
    February 7th, 2013
    Posted at: 9:33 pm

    any way i could start profit since one month
    thanks cerulean
    THANKS CB SIR


  14. j k nambiar Says:
    February 7th, 2013
    Posted at: 9:42 pm

    Hi Kartik, Thank you Kartik sir.


  15. PRAVIN Says:
    February 7th, 2013
    Posted at: 9:43 pm

    CB SIR
    I HAVE FOLLOWING POSSITION IF U CAN GIVE ME SL
    heromotor [email protected]
    BIOCON [email protected]
    please share ur view


  16. Suje Says:
    February 7th, 2013
    Posted at: 9:44 pm

    Good Evening Sir,
    I managed to average Glenmark to 497 today.
    Can we expect 520 next week!
    Please advise me.

    Thanks in anticipation.

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