Intraday calls for 16-10-12

Quotes with Resistance & Support

Market Information

Intraday calls for 16-10-12

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

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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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JAI Says:
October 16th, 2012
Posted at: 4:39 pm
THANKS FOR GIVING ME CONFIDENCE
MANY TIMES I MADE HUGE LOSS
THAT IS WHY THIS TIME VERY CONFUSED
THANKS FOR UR SUGGESTION
molly Says:
October 16th, 2012
Posted at: 4:41 pm
Hi Cerulean
Good evening
cerulean Says:
October 16th, 2012
Posted at: 4:41 pm
Hi Akash, ok... take it easy for now ..It is possible to recover losses ,But for that u need to be ALIVE bro'..
What do you achieve by thinking ,that this is the end .. except more sorrow for your dear ones..
[Today is a wrong day to discuss this , as a dear young man has lost his dear wife ..and is in pain ,while we here discuss your money ...can we get get back our lost ones?
Follow what buffet wrote .. recovery is a long process and there are no short cuts..
shrikanth Says:
October 16th, 2012
Posted at: 4:42 pm
HI CB, bought 50 TCS @ 1290 for short term. Hope results would be good.
What should be my target for short/medium term?
cerulean Says:
October 16th, 2012
Posted at: 4:44 pm
Hi CB, Thanks ..Hi molly, GE
spy king Says:
October 16th, 2012
Posted at: 4:47 pm
Hi Cb
Any suggestions for a scrip for Oct end?
Is it to late to enter exide?
Vasanth Ladda Says:
October 16th, 2012
Posted at: 4:52 pm
Hi CB,
HOw will be MKT tomm??ny bounce in Nifty..me holding 5 lots of 5700 CE @ 40...
CB Says:
October 16th, 2012
Posted at: 5:02 pm
Hi molly, Good evening
Hi JAI, you are always welcome
Hi shrikanth, does have good support near 1270-1280. if results are good, can see 1350
Hi cerulean, most welcome
Hi spy king, can add exide. looks good above 155
Hi Vasanth Ladda, as of now seems may open flat. hold with sl at 5630
sonia Says:
October 16th, 2012
Posted at: 5:15 pm
Hi CB, short in jp associates at 90 , how will be its movement for next 2-3 days
CB Says:
October 16th, 2012
Posted at: 5:17 pm
Hi sonia, it can see 88.50 if markets remain flat/ weak. would advice to exit near 88.50-89. technically its a good buy on dips
sonia Says:
October 16th, 2012
Posted at: 5:21 pm
ok, thanks a lot CB. from which level jsw steel bounce back? i mean strong support.
cerulean Says:
October 16th, 2012
Posted at: 5:40 pm
Hi CB,GE,Hi Akash, Here , have found a strategy for you ..When nifty is at the level of 5554-5345 ..go long in one of these -Syndicate bank or dena bank..Before you enter , ask CB , OR SR ..[ SR will reply if you are positive ]
Hi CB, If this is a risky suggestion .. kindly tell him so ..let him not take it up..
CB Says:
October 16th, 2012
Posted at: 5:41 pm
Hi sonia, most welcome. strong support near 740. can expect some bounce from here.
CB Says:
October 16th, 2012
Posted at: 5:41 pm
Hi cerulean, thanks. sure..
ravii Says:
October 16th, 2012
Posted at: 5:43 pm
Hello CB,
Dow is eying to open higher..can we see 5685 again tomorrow?
CB Says:
October 16th, 2012
Posted at: 5:44 pm
Hi ravii, if global markets remain strong, could open 15-20 points higher