Intraday calls for 15-10-12

Quotes with Resistance & Support

Market Information

Intraday calls for 15-10-12

Posted on: October 15th, 2012 at 8:28 am

Calls directly in ur mailbox daily. Intraday calls by email

Markets likely to open flat. Support for nifty is at 5630 and resistance at 5730

Buy Educomp on a small dip. Has good support at 160-162. – (Exit educomp at 165.50)

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months

name

cell no.

710 Responses

{ ADD YOUR OWN }

Comment pages: 37 38 39 40 41 424344 45 Show all

SM Says:
October 15th, 2012
Posted at: 9:58 pm
Hi cerulean, See, why I told 4800 as SL because for the last 11 candles on a 5 min chart the 9:05 pm candle has the highest volume and from that point the bounce came. The low of that candle was 4802. Hence 4800 was a good SL and an imp psycho level. But at the end of it all, its great to know that you booked profits :)
taj Says:
October 15th, 2012
Posted at: 10:00 pm
plz sir,tomorrow gap up opening sir,if it will be 5720-35 then we must exit or wait sir
pankaj Says:
October 15th, 2012
Posted at: 10:00 pm
can i short yes bank ?
cerulean Says:
October 15th, 2012
Posted at: 10:01 pm
Hi SM, .THANKS EVER SO MUCH ,ok... trying to digest .... 11 candles from 5 mnts chart..,[also we have to plot sma/pivots and fibo... ..all the time ? it is possible to do so in all the charts ?
Ankur Says:
October 15th, 2012
Posted at: 10:03 pm
CB sir what about bank nifty tomorrow. Can I go for 11500ce for intraday
cerulean Says:
October 15th, 2012
Posted at: 10:04 pm
SORRY SOHAN / KOMKISD, did not update entry in crude , as I myself was not sure..took a risk with sl 4790[initially]
taj Says:
October 15th, 2012
Posted at: 10:07 pm
sir, rec giving to much trouble what 2 do with this stock u told 221 is good supp, but the problem is that 2 days before this rec in equity @ 232 level but 240 ce price is @ 5.50 to 6 in range.but when i buy in equity level 227 240 ce @ 6.45. why this difference will come sir
SM Says:
October 15th, 2012
Posted at: 10:13 pm
Hi cerulean, you are welcome. Different people trade differently and have different setups. My setup has no sma/pivot/fibo/ or for that matter anyhing. I only keep a clean Candle/bar chart with volume and try to analyse price patterns looking at candles/bars. I take volume into considerations very closely. Sometimes I draw lines which gives me an idea about range and patterns. For me, too much indicators on intraday charts is not useful. Now see, went upto 4844. For me now, the trailing SL would have been 4815. When it was trading at 4833-4834, you wanted to trail the SL to 4830. Only 3 - 4 points, which could have been taken out in a jiffy. If the SL was a bit lower, it would have given Crude a little more ground to play on the lower side. Thats why 4800 SL came into the picture :)
Kartik Says:
October 15th, 2012
Posted at: 10:16 pm
Hi test, hold Nifty CE with a SL at 5640, book in Infy Pe tomorrow on dips
Hi aabha, hold it for a couple of days more with a SL at 5640
Hi pankaj, Yes, can be entered for a couple of days
Hi taj, hold it, we also have to wait to see how Asian ques manage to react tomorrow morning, not really sure of the price difference with you entered the CE for REC, you might have placed a buy on its current selling price, hold REC ce with a tight SL at 218 (cash)
Hi Ankur, for now it does look as we may open higher, but also lest wait to see how Asian ques react
SM Says:
October 15th, 2012
Posted at: 10:17 pm
Hi cerulean, Lets be a bit hypothetical and imagine we are still holding it. Now my trailing SL will be 4820 and we will look to book within the next few candles. Lets see :)
cerulean Says:
October 15th, 2012
Posted at: 10:20 pm
Hi SM, OK .. so , it is limited to each days movement and vol...with previous days high and low ..Thanks ...
SM Says:
October 15th, 2012
Posted at: 10:23 pm
Hi cerulean, yes :) Now, for the last 3 bars, the high is around 4845-4846. Will book now anywhere between 4840-4845 and withdrawing the SL from the system :)
cerulean Says:
October 15th, 2012
Posted at: 10:25 pm
Hi Kartik, GE ,Fed's Lacker says he doesn't see need for Greece to leave Euro zone.Luxembourg FM Frieden says no plan for finance minister talks before EU meeting.Fed's Lacker says QE complicates Fed exit from record stimulus. He is 'cautiously optimistic' about economic growth.
15 Oct 10:17:00 PM
Hi SM, ok...
But am obsessed with following news and there is always news round the corner .which creats confusion .. As such trading alone always ends up[covering] in loss..
taj Says:
October 15th, 2012
Posted at: 10:28 pm
thankyou sir
SM Says:
October 15th, 2012
Posted at: 10:28 pm
Hi cerulean, Now, we are out of Crude. If say, we booked at 4840, its 5 more points from the level you booked. Please do not get me wrong, I just felt like sharing my simple setup. I take into consideration not only previous days high and low, but also try to analyse intraday candles/bars highs and lows.
cerulean Says:
October 15th, 2012
Posted at: 10:29 pm
Hi SM, ok ... or hold with a sl near the low of BB..there is news of 'Greek diplomat's car torched in Berlin .. crude may move up to 4860 again [frustratingly]