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

Posted on: September 12th, 2012 at 8:28 am

Markets likely to open higher, Nifty faces support at 5330 and resistance at 5420

Buy Seimens around 700, Target: 718, SL 688 – (Exit from Siemens at 675)

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783 Responses

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  1. gayathri Says:
    September 12th, 2012
    Posted at: 1:57 pm

    Hi CB, thank you


  2. Akash Says:
    September 12th, 2012
    Posted at: 1:57 pm

    Hi CB, What is Nifty target today? Will it move above 5430?


  3. SR Says:
    September 12th, 2012
    Posted at: 1:57 pm

    Hi Akash, Don't trade with SL on options. Book profits when market is going strong. Place your order at the day high. It will likely get executed sooner or later.


  4. CB Says:
    September 12th, 2012
    Posted at: 1:58 pm

    Hi gayathri, most welcome

    Hi Akash, as of now seems can test 5425


  5. Akash Says:
    September 12th, 2012
    Posted at: 1:58 pm

    Hi SR, Ok. Wht to do with those two lots now. sell or hold for higher target like 40+. Pls advise. And after that, shud I buy PE to cover more loss.. I am in big loss and more I try to cover, more loss I make...


  6. CB Says:
    September 12th, 2012
    Posted at: 1:59 pm

    ill be back by 3pm


  7. pava Says:
    September 12th, 2012
    Posted at: 1:59 pm

    Thank you CB sir


  8. Sandip Says:
    September 12th, 2012
    Posted at: 1:59 pm

    Hi CB,

    GA..


  9. micky-intrday Says:
    September 12th, 2012
    Posted at: 2:00 pm

    Hi CB, still the seeling pressure there markets may tummble


  10. sanzy Says:
    September 12th, 2012
    Posted at: 2:00 pm

    hi SR,

    holding SBIN 1950CE...
    can SBI see 1930 by friday...or should i exit...


  11. Akash Says:
    September 12th, 2012
    Posted at: 2:01 pm

    Hi SR, Shud I hold CE for Nifty target 5425 or exit?


  12. SR Says:
    September 12th, 2012
    Posted at: 2:02 pm

    Hi Akash, Book profits in one and hold the other. Dont enter any PEs in this series. Follow the advice and stop entering options when they are trading strong.


  13. micky-intrday Says:
    September 12th, 2012
    Posted at: 2:03 pm

    as said markets may come down @ 2 see already 30 points down


  14. SR Says:
    September 12th, 2012
    Posted at: 2:03 pm

    Hi sanzy, Strong buying seen from near lower levels of support. Hold for now. Some major news may be coming up for a strong upmove.


  15. SS Says:
    September 12th, 2012
    Posted at: 2:04 pm

    Hi CB/SR, Europe is trading flat to neagtive...do u see 5380 spot or will remain close GREEN.


  16. SR Says:
    September 12th, 2012
    Posted at: 2:07 pm

    Nifty Supports raised: 5379, 5358, 5338. Trailing SL for our trades now at 5338.

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