Quotes with Resistance & Support
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Intraday calls for 16-10-12

Posted on: October 16th, 2012 at 8:17 am

Markets likely to open flat, support for Nifty at 5630 and resistance at 5750.

Buy Ranbaxy around 549, Target: 562, SL 540 – (Exit Ranbaxy if breaks 545)

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648 Responses

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Comment pages: 181920212223242526Show all

  1. Dilip Says:
    October 16th, 2012
    Posted at: 12:56 pm

    Hi SR,

    Could you please suggest me wat could be the maximum level nifty could reach before this expiry. I have 5700CE(20 lots) bought @103(1 week back).. Now in Huge losss.. So please lemme know wat price can i sell it. Many Thanks...


  2. Mahender Says:
    October 16th, 2012
    Posted at: 12:56 pm

    Thanks Aabha for clarification.
    As of now I using cdequities for trading.
    FNO PerLot 25/-
    Cash Delivery 0.1%
    cash Intraday 0.01%


  3. sanzy Says:
    October 16th, 2012
    Posted at: 12:56 pm

    hi SR,

    holding AxisBank 1150CE around 1150 levels...pls suggest levels to book today...
    can it see 1175 today...


  4. Vishnu Says:
    October 16th, 2012
    Posted at: 12:56 pm

    Hi SR,

    Good Afternoon,Pls tell the target of Nifty today and also by OCT expiry.I m holding many lots of Nifty 5800 call.Pls adviceDo u think it touches 5760 or 5800 by this OCT expiry.


  5. ani Says:
    October 16th, 2012
    Posted at: 12:57 pm

    Hi SR,


    gud afternoon sir...holding [email protected] i average it...or keep holding or sell it..

    any ce or pe to make my lossess.............


  6. Mahender Says:
    October 16th, 2012
    Posted at: 12:58 pm

    Hello Sir,
    All major global indices are in green. +Ve news.

    Will nifty close above 5750 today?


  7. M2M Says:
    October 16th, 2012
    Posted at: 12:59 pm

    Hi SR, Good afternoon...What is the Nifty Level for today...Holding 5600 PE @26...


  8. SR Says:
    October 16th, 2012
    Posted at: 1:00 pm

    Hi Abraham, Near 5740-50 levels.

    Hi Paritosh, GA, Hold with SL above 253 for now.

    Hi SaiPalanivel, GA, Exit on Intraday dips for now.

    Hi Sona, Most Welcome.

    Hi Dilip, Major resistance near 5785, Can re-test it.


  9. Aabha Says:
    October 16th, 2012
    Posted at: 1:02 pm

    Hi SR, So are you suggesting nifty will take an upmove now? If yes, why so?


  10. Paritosh Says:
    October 16th, 2012
    Posted at: 1:03 pm

    Hi SR, Thanks a lot SR!!! Will do, another one where I am incurring loss is HDFC 760 CE @12. Please suggest on this one too


  11. amit Says:
    October 16th, 2012
    Posted at: 1:03 pm

    GA SR... how r u??
    Whats ur view on Maruti??? Can I short it @cmp??


  12. PRAVIN Says:
    October 16th, 2012
    Posted at: 1:03 pm

    hi
    SR sir
    can go with statebank of india
    for intraday >/


  13. vibhor Says:
    October 16th, 2012
    Posted at: 1:04 pm

    hi SR, Can I long Cairn India @CMP?


  14. sanzy Says:
    October 16th, 2012
    Posted at: 1:04 pm

    hi SR

    pls suggest your view on AxisBank..
    how is it looking..

    i am holding 1150CE around 1150 levels..


  15. Akash Says:
    October 16th, 2012
    Posted at: 1:05 pm

    Can i buy 6000 oct call @ 3 for a tgt of 150+


  16. avik Says:
    October 16th, 2012
    Posted at: 1:06 pm

    Hi SR, market is slipping sir...what to do...what position should we initiate now?

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