Quotes with Resistance & Support
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Intraday calls for 11-09-12

Posted on: September 11th, 2012 at 8:29 am

Markets likely to open lower, support for Nifty at 5330 and resistance at 5380.

Buy Tata Coffee at 990, Target: 1020, SL 978 – (avoid due to gap up opening)

10.02am – Technically BOC India has given a good breakout above 445. One can add 50% at cmp: 465 for a target of 480 in coming days.

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576 Responses

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Comment pages: 272829303132333435Show all

  1. Sad Says:
    September 11th, 2012
    Posted at: 3:17 pm

    Hi CB, can i enter axis bank 940pe for btst?


  2. vinu Says:
    September 11th, 2012
    Posted at: 3:18 pm

    Hi CB, OK..thank you CB...( Technically nifty close above 5400 means bullish for nifty..i.e why asking)


  3. Nall's Says:
    September 11th, 2012
    Posted at: 3:18 pm

    Hi CB,
    Sir i havent exited Apollotyeres can i wit till tomorrow..bought at 95.30..tnx lot


  4. Kb Trader Says:
    September 11th, 2012
    Posted at: 3:19 pm

    Hi SR, hmm.. :)


  5. rk Says:
    September 11th, 2012
    Posted at: 3:19 pm

    Thank you, CB


  6. imran khan Says:
    September 11th, 2012
    Posted at: 3:20 pm

    Hi SR, is Scalping intraday is good to do? if you know any techniques please guide me


  7. CB Says:
    September 11th, 2012
    Posted at: 3:20 pm

    Hi sandeep, no, not yet

    Hi Vijay K, you are always welcome

    Hi Sad, lets wait till tomorrow

    Hi vinu, yes, does seem so

    Hi Nall's, yes, hold it till tomorrow.


  8. SaiPalanivel Says:
    September 11th, 2012
    Posted at: 3:20 pm

    CB SIR,NIFTY MOVING ONLY. NOT SCRIP MOVE WHY? ANY CONSOLIDATION THIS RALLY?


  9. CB Says:
    September 11th, 2012
    Posted at: 3:20 pm

    Hi rk, most welcome

    Hi SaiPalanivel, yes, midcaps not really doing much today


  10. champ Says:
    September 11th, 2012
    Posted at: 3:21 pm

    Hi CB, Thank you


  11. M2M Says:
    September 11th, 2012
    Posted at: 3:21 pm

    Hi SR, Holding IDFC 130 CE @3.50..Now Trading @ 4..shall i book profit/wait...which level to book the profit


  12. Kb Trader Says:
    September 11th, 2012
    Posted at: 3:22 pm

    Hi Nall's, yes. risky call.


  13. Vijay K Says:
    September 11th, 2012
    Posted at: 3:22 pm

    Bank Nifty shot up but SBIN and AXISBANK actually remained where they were or actually slid a bit.


  14. Mahesh Says:
    September 11th, 2012
    Posted at: 3:22 pm

    Hi CB / KB Trader / SR?

    Kindly advise whether 5500CE is a hold for tomorrow or can be booked with profit?


  15. SR Says:
    September 11th, 2012
    Posted at: 3:23 pm

    Hi imran khan, Scalping is very risky. But if you are holding positional options, just sell a couple of them at rise and book later. Like today I sold 2 5500CE of my holdings at 21.5 and covered at 18.5 and again sold at 22.5 and covered at 20. If the price keeps on rising, you have only missed the chance to book more profits :)


  16. CB Says:
    September 11th, 2012
    Posted at: 3:23 pm

    Hi champ, most welcome

    Hi Vijay K, yes. quite a few stocks are trading flat today

    Hi Mahesh, yes, can hold it. keep sl near 5280

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