Quotes with Resistance & Support
Market Information

Intraday calls for 16-10-14

Posted on: October 16th, 2014 at 8:26 am

Markets likely to open lower. Support for Nifty is at 7800 and resistance at 8000.

If markets show recovery later during the day, buy: Wonderla Holidays. (if entered, book profit at 315)

Thought for the day: “ The function of the press in society is to inform, but its role in society is to make money.” -A. J. Liebling.

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275 Responses

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Comment pages: 101112131415161718Show all

  1. CB Says:
    October 16th, 2014
    Posted at: 6:53 pm

    Hi NATH, Most welcome

    Hi suresh v, would advice to exit it on any bounce for now

    Hi Arjun Bharath, yes, seems may open lower

    Hi Vishal, not really sure how results will shape up. looking at global queues, would advice to exit opening for now

    Hi taj, most welcome

    Hi Finfreak, dont enter these yet. lets wait. can fall further.

    Hi dr sharma, as of now seems may open a bit flat/ lower

    Hi Priyabrata, yes, did correct with the markets. seems may have to hold a bit longer. dont add more yet

    Hi shashi, seems may open 7-10rs lower if markets are weak

    Hi Vijay Y, seems may open lower.


  2. Ranga Says:
    October 16th, 2014
    Posted at: 7:08 pm

    Hello Guru, I have entered today in canara bank at 381, and holding asianpaint at 635 and gail at 454, what should I do tomorrow?? shall i exit all? or can I still wait for a week or so?? please advice


  3. Arjun Bharath Says:
    October 16th, 2014
    Posted at: 7:17 pm

    Hi Sir,
    What is your view on Crompton greaves? That too in profit, misses target but has +ve of demerger


  4. lokesh Says:
    October 16th, 2014
    Posted at: 7:39 pm

    Hi CB sir,

    Can i enter RIL on tomorrow for intraday. kindly give target of sintex also..

    T/Regards,

    Lokesh


  5. prodip Says:
    October 16th, 2014
    Posted at: 7:39 pm

    hello sir m holding Reliance Infrastructure 580ce @ 10/- and Mindtree 1100ce @10/-

    and UltraTech Cement 2400ce at 40/-.... tomorrow trgt please ??


  6. BADRI Says:
    October 16th, 2014
    Posted at: 8:08 pm

    Dear Sir,

    Have found cairn india, united breweries & essdee for intraday sell tomorrow
    with longer black body
    52 week low with more than avg volume.

    Pls let us know your views.


  7. arun Says:
    October 16th, 2014
    Posted at: 8:30 pm

    sir you pms services is intraday or delivery, can i play you all call in intraday because i'm only play in intraday


  8. CB Says:
    October 16th, 2014
    Posted at: 8:47 pm

    Hi arun, Yes around 90% of the calls are intraday

    Hi BADRI, yes, can go short on ub and cairn if markets open flat/ weak

    Hi prodip, would advice to exit from these on any rise for now. markets are going weak

    Hi lokesh, no, not yet. lets wait

    Hi Arjun Bharath, it does look weak below 192. dont enter long yet

    Hi Ranga, these are a hold for few days. will bounce back once markets improve. dont add more yet.


  9. svs Says:
    October 16th, 2014
    Posted at: 8:47 pm

    Hi CB, If a put or call has highest open interest means that the stock will go till that level?


  10. raunak Says:
    October 16th, 2014
    Posted at: 8:48 pm

    sir i have 400 qty of relcap at 455 what should i do


  11. CB Says:
    October 16th, 2014
    Posted at: 9:37 pm

    Hi raunak, would advice to exit frm it if breaks 434

    Hi svs, http://nseguide.com/what-is-open-interest/


  12. SEBY Says:
    October 16th, 2014
    Posted at: 9:39 pm

    Hi CB SIR ,
    your view on yesbank


  13. CB Says:
    October 16th, 2014
    Posted at: 9:59 pm

    Hi SEBY, it has resistance at 600 levels. once manages to cross it, can test 640


  14. SEBY Says:
    October 16th, 2014
    Posted at: 10:01 pm

    Hi CB, thank you and good night sir


  15. Lokesh Says:
    October 16th, 2014
    Posted at: 10:10 pm

    Cb sir..target of sintex on tomorrow


    T/Regards,
    Lokesh


  16. CB Says:
    October 16th, 2014
    Posted at: 10:21 pm

    Hi SEBY, most welcome.. Good night

    Hi Lokesh, can test 82.5

    Hi rajasekar, exit from ce's for now. pe's are a hold. keep sl at 7800 (spot)

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