Quotes with Resistance & Support
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Intraday calls for 12-10-12

Posted on: October 12th, 2012 at 8:12 am

Markets likely to open flat, support for nifty at 5630

Buy JSW Steel around 775, Target: 788, SL 765 – (Continue to hold till monday if possible)
Buy Sintex Industries around 74, Target: 76.6, SL 72.8

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1,136 Responses

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  1. VK Says:
    October 12th, 2012
    Posted at: 2:50 pm

    Hi SR,

    Nifty Breaks 5669... Does this mean it will reach 5599?


  2. SR Says:
    October 12th, 2012
    Posted at: 2:53 pm

    Hi M2M, Most Welcome.

    Hi VK, Not yet broken. Needs to trade below it a few mins. Pls. check hourly closing at 3pm.


  3. M2M Says:
    October 12th, 2012
    Posted at: 2:53 pm

    Hi Chandan, Why this kolaveri..what happened..


  4. PK Says:
    October 12th, 2012
    Posted at: 2:53 pm

    Hi Roboguy Sir, SR Sir, CB Sir and Being human,
    Pls suggest me some good stocks for 2 - 3 days...


  5. Robotguy Says:
    October 12th, 2012
    Posted at: 2:55 pm

    TO ALL IF STOP LOSS IS HIT exit the call Always remember small loss can be recovered but it will take lot of time to recover a bigger loss....


  6. Aabha Says:
    October 12th, 2012
    Posted at: 2:55 pm

    Hi VK, next support at 5640...Am i Right SR sir?


  7. Chandan Says:
    October 12th, 2012
    Posted at: 2:55 pm

    Hi M2M, Buddy, Mr. JR is thinking that every analyst is stupid here except one, I didn't like that, so told this generally.


  8. NH Says:
    October 12th, 2012
    Posted at: 2:56 pm

    Hi SR, Thank you SiR. Bookd SBI cost to cost. And holding ICICI. Nifty tested 5669...:)


  9. SR Says:
    October 12th, 2012
    Posted at: 2:56 pm

    Hi hridayesh, Avoid going long on TechM below 997.


  10. Akash Says:
    October 12th, 2012
    Posted at: 2:56 pm

    Hi SR, Sir.. I have 1 lot of Adani 260 CE at 2.75 and 1 lot of unitech 30 CE at 40 paisa. Both are badly down. Shud I continue to hold them till the end of next week for Adani CE target as 8+ and Unitech CE target as 2.5 or more? Pls advise.. I have emptied my bank account for these two lots and now very much worried .. pls help and suggest me...


  11. SR Says:
    October 12th, 2012
    Posted at: 2:57 pm

    Hi Aabha, Not yet. 5669 needs to be broken first on hourly closing.


  12. Chandan Says:
    October 12th, 2012
    Posted at: 2:57 pm

    Hi JR, Pls don't spoil your image here, because this is a real Genuine Forum.


  13. Kris Says:
    October 12th, 2012
    Posted at: 2:58 pm

    Hi Robotguy,
    GA Sir,
    if Stop Loss not executed, hold for next day?


  14. VS Says:
    October 12th, 2012
    Posted at: 2:59 pm

    cb sir, r u there?


  15. Aabha Says:
    October 12th, 2012
    Posted at: 3:01 pm

    Hi SR, sir, booked loss in nifty 5400 at these levels...But not booking Infy 2800 CE yet as the loss there is just too big to digest for me...bought at 21...cmp1.5. So gonna hold it. I hope we get some bouncce before the fall to 2300...What do you think?


  16. SR Says:
    October 12th, 2012
    Posted at: 3:01 pm

    Nifty Tested support at 5669 ... If it holds on to this level and manages to close above 5680 today, we can see 5740 on Monday.

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