Quotes with Resistance & Support
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Intraday calls for 07-09-11

Posted on: September 7th, 2011 at 8:25 am

Markets likely to open flat, support at 4950

Buy IFB Industries at 116, Target: 121, SL 112 – (book profits at 123)

12.00pm – sell M&M (fut) at 790, target: 777. Stoploss: 805 (1-2 day hold)

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493 Responses

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  1. subramani Says:
    September 7th, 2011
    Posted at: 12:19 pm

    Hi CB,
    Any call or put option to buy?


  2. CB Says:
    September 7th, 2011
    Posted at: 12:20 pm

    Hi shiva, enter in small quantity

    Hi ttsathya, itc is a defensive stock. usually does well when markets are flat/ weak. dont enter dena yet

    Hi Varun Soni, it has resistance at 500 levels. possible see some selling pressure here.


  3. raj Says:
    September 7th, 2011
    Posted at: 12:20 pm

    Sir i am short... and not long now its 168 hold or exit???


  4. CB Says:
    September 7th, 2011
    Posted at: 12:21 pm

    Hi subramani, one can enter m&m put

    Hi raj, ok. would advice to enter a long in oct to hedge. will help recover some loss.


  5. mohan Says:
    September 7th, 2011
    Posted at: 12:22 pm

    Hi CB, shall i buy nifty?


  6. JR Says:
    September 7th, 2011
    Posted at: 12:22 pm

    Thanks CB Sir...
    Kept SL @397.8 and set [email protected] it ok


  7. Varun Soni Says:
    September 7th, 2011
    Posted at: 12:22 pm

    where cn i find update of europe markets?


  8. airbites Says:
    September 7th, 2011
    Posted at: 12:22 pm

    Hi CB,

    I wana know, why market keep on increasing inspite discount in futures of upto 10rs. ?
    Its generally said tht a disc. in future price indicates weakness in the market...


  9. CB Says:
    September 7th, 2011
    Posted at: 12:22 pm

    Hi mohan, no, not sure of a fresh entry yet

    Hi JR, ok..

    Hi Varun Soni, try bloomberg.com


  10. CB Says:
    September 7th, 2011
    Posted at: 12:23 pm

    Hi airbites, it does indicate some selling pressure in futures market.. overall if global queues are good, markets do well


  11. CB Says:
    September 7th, 2011
    Posted at: 12:23 pm

    ill be back in 1 hour.


  12. YOGI Says:
    September 7th, 2011
    Posted at: 12:26 pm

  13. Name (required) Says:
    September 7th, 2011
    Posted at: 12:27 pm

    hope you enjoyed the analysis of nifty and bank nifty future posted in blog nayakkirankumar.blogspot.com


  14. Kiran Says:
    September 7th, 2011
    Posted at: 12:31 pm

    @all
    nifty fut break out 5113
    as per advanced prediction trend change was on 5th Sept. Next trend change will be on 30th Sept.
    Please visit nayakkirankumar.blogspot.com
    also share the link among your contacts if you find it useful
    May God bless all


  15. KK Says:
    September 7th, 2011
    Posted at: 12:32 pm

    Hi All,
    How Europe opens ??


  16. RR Says:
    September 7th, 2011
    Posted at: 12:32 pm

    Hi YOGI, SIR, ANY CALL FOR INTRADAY

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