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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  1. Aabha Says:
    October 16th, 2012
    Posted at: 2:46 pm

    Hi Akash, I really admire the patience of experts who answer you impatient querries...And so much respect you show to them huh? gr8!


  2. Aabha Says:
    October 16th, 2012
    Posted at: 2:48 pm

    Hi NH, Wow, must be so amazing to experience that...we hardly get to see even the usual birds! Forget about peacocks. How i wish i could show that to my son...he would be so thrilled!


  3. Aabha Says:
    October 16th, 2012
    Posted at: 2:50 pm

    Hi NH, see the nifty crumbling? God this is insane. 5700 ce went from 44 to 31 in no time.....


  4. Akash Says:
    October 16th, 2012
    Posted at: 2:51 pm

    Hi Aabha, ok ok atleast can u tell me, can i buy 5000pe now for tgt of 100+


  5. Aabha Says:
    October 16th, 2012
    Posted at: 2:53 pm

    Hi Akash, no. you will never get such insane targets. Tell me how much money are you left with?


  6. Priyanka Says:
    October 16th, 2012
    Posted at: 2:55 pm

    Hi Akash, Sell 5000 PE,if you have margin.Why do you think of going i opposite direction?


  7. SaiPalanivel Says:
    October 16th, 2012
    Posted at: 2:56 pm

    HI Aabha,NIFTY SETTLED 5640 STRONG SUPPORT LEVEL NEAR. IF HOLD PE"S EXIT THIS LEVEL BEST.


  8. Aabha Says:
    October 16th, 2012
    Posted at: 2:57 pm

    Hi Priyanka, you mean markets will recover from here?


  9. cerulean Says:
    October 16th, 2012
    Posted at: 2:57 pm

    Hi Akash, PLZ .. fix gtc sl , at 5630... and wait ..That was the support ,given by CB .. NOW PROMISE YOURSELF YOU WILL NOT TRADE ANY FOR TODAY ... unless and untill cb or sr ,, give thier nod ... it is important to save our capital..


  10. 0champ0 Says:
    October 16th, 2012
    Posted at: 2:58 pm

    Hi Aabha,
    U still holding 5700 CE?


  11. Akash Says:
    October 16th, 2012
    Posted at: 2:58 pm

    Hi Aabha, Starting with 10 lakh now rem only 18k


  12. Aabha Says:
    October 16th, 2012
    Posted at: 2:59 pm

    Hi SaiPalanivel, n what if we break that with good volumes? Then we might see a big downfall..


  13. Priyanka Says:
    October 16th, 2012
    Posted at: 3:00 pm

    Hi Aabha, NO...Markets can go down up to 5550.If Akash can sell 5000 put (margin required for selling options), he can pocket the full premium.


  14. komsid Says:
    October 16th, 2012
    Posted at: 3:00 pm

    GA all, happy navratri to every one, best wishes to you Aabha for the zerodha account, Hi NH you shud have more breaks for lunch / snacks etc, your predictions are coming good, Hi CB/ Kartik, pls advise for JSW steel. Hi cerulean, the crude 5 min chart are using of nsdex or some other.


  15. Pradeep Says:
    October 16th, 2012
    Posted at: 3:01 pm

    guys, buy 5700ce at cmp 29.. tgt 100, SL - 7


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

    Hi Priyanka, sell 5000 put mean you expect markets to rise...right?

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