Quotes with Resistance & Support
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Intraday calls for 07-10-14

Posted on: October 7th, 2014 at 8:22 am

Markets likely to open flat. Support for Nifty is at 7930 and resistance at 8040.

No pre-market call for today. Continue to hold Zee Enterprises. – (Continue to hold Zee ent)

Thought for the day: “ Emotions are your worst enemy in the stock market.” -Don Hays.

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262 Responses

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  1. TUSHAR Says:
    October 7th, 2014
    Posted at: 12:51 pm

    hi kb.....have stride acrolab @680.Is it a hold or sell at this movement?


  2. CB Says:
    October 7th, 2014
    Posted at: 12:54 pm

    Hi Sankar, its a hold with slat 335 for now

    Hi TUSHAR, seems may open flat.lets see how US markets trade

    Hi Anuj, asian paints above 642 can test 665. not sure of berger yet


  3. Sankar Says:
    October 7th, 2014
    Posted at: 12:56 pm

    Thanks CB,


  4. TUSHAR Says:
    October 7th, 2014
    Posted at: 12:56 pm

    hi cb...thanks a lot. Also looking forward to hear for STRIDE ACROLAB if its a buy or sell?


  5. Vivek Says:
    October 7th, 2014
    Posted at: 12:56 pm

    Hi CB tatamotor has touched 513. I will not be able to hold position beyond today. Pls suggest exit level for short position at 503.5 future


  6. kb trader Says:
    October 7th, 2014
    Posted at: 12:56 pm

    Hi CB, how the value of nifty 50 index is calculated from the 50 stock prices ?

    i know it might be complex but i need that formula.


  7. CB Says:
    October 7th, 2014
    Posted at: 12:57 pm

    Hi Sankar, most welcome

    Hi TUSHAR, can add few for short term. can test 760

    Hi Vivek, Ok.exit from it for now.

    Hi kb trader, different stocks have different weight-age.. not sure of the percentage


  8. TRD Says:
    October 7th, 2014
    Posted at: 12:58 pm

    Hi CB, sir, i brought sbi@2399 pl. tell me SL and target today


  9. chinu Says:
    October 7th, 2014
    Posted at: 12:58 pm

    Hi CB, holding Federal bank @129 and GTL @28. Plz advice..


  10. sayan Says:
    October 7th, 2014
    Posted at: 12:59 pm

    Hi CB, expected target for zee entertainment intraday?


  11. subramanian Says:
    October 7th, 2014
    Posted at: 1:00 pm

    sir i bought voltas 200 @ 243.3, can i hold or exit and what tgt intraday?


  12. TUSHAR Says:
    October 7th, 2014
    Posted at: 1:00 pm

    hi cb...there is a news that "its going to be black Wednesday on 8.10.2014 is that we have not seen a historic stock market crash for quite some time and with our RBI Governor putting lot of restrictions in easing inflationary pressures, there is bound to be a negative sentiment" is it really TRUE


  13. CB Says:
    October 7th, 2014
    Posted at: 1:01 pm

    Hi TRD, does look a bit weak below 2420 exit for now

    Hi chinu, these are a hold for short term. dont add more yet

    Hi sayan, seems can test 313 again

    Hi subramanian, its a hold with sl at 235 for now.


  14. CB Says:
    October 7th, 2014
    Posted at: 1:01 pm

    Hi TUSHAR, no, cannot really be sure about it.. as of now seems may open flat tomorrow.. global markets are going flat/weak


  15. TRD Says:
    October 7th, 2014
    Posted at: 1:01 pm

    Hi CB, Thanks sir


  16. CB Says:
    October 7th, 2014
    Posted at: 1:02 pm

    Hi Vishal, oh ok

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