Quotes with Resistance & Support
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Intraday calls for 17-09-12

Posted on: September 17th, 2012 at 8:27 am

Markets likely to see a gap up opening. Resistance for nifty is at 5625.

Sell Larsen & Tubro on rise.

1.20pm – Buy HDFC Bank at 611, target: 624. Stoploss: 600 (1-2 day hold)

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813 Responses

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  1. Akash Says:
    September 17th, 2012
    Posted at: 1:26 pm

    Hi SR, SL 5560 or 5650? No need to buy HDFCBank 640 CE? I have 5 lots of 5500 PE and I want to sell them above 50 only.. Will it see 50-55 price in 1-2 days?


  2. CB Says:
    September 17th, 2012
    Posted at: 1:27 pm

    Hi gayathri, most welcome. as of now dont enter a 5400pe yet.


  3. Karan Sharma Says:
    September 17th, 2012
    Posted at: 1:28 pm

    Hi CB,

    Thanks for answering the query.

    Wht will be the SL on the RENUKA futures position.


  4. SR Says:
    September 17th, 2012
    Posted at: 1:28 pm

    Hi sonu, Hold your put till expiry, with sl above 5660.


  5. Akash Says:
    September 17th, 2012
    Posted at: 1:28 pm

    Hi SR, Nifty is going up v fast. Now at 5608, shud I buy 5800 CE? By the time, Nifty will reach 5650, 5500 PE will be hardly 3-4 rs. and I won't be able to buy anything in that case..


  6. Ravichandran Says:
    September 17th, 2012
    Posted at: 1:29 pm

    OK...OK....thanks your support


  7. paramveer singh Says:
    September 17th, 2012
    Posted at: 1:29 pm

    hi cb, i have bought delta corp at the level of 65, i think i will exit at 69.50, whats your opinion?


  8. CB Says:
    September 17th, 2012
    Posted at: 1:29 pm

    Hi Karan Sharma, around 32.10

    Hi vijayk, ok. hold for now. exit 1450 if it crosses 1565


  9. Robotguy Says:
    September 17th, 2012
    Posted at: 1:30 pm

    Hi Aabha, Sorry u hv bought it at a high price, I thought u had entered today, would advise you to take SR or CB's help...


  10. Be!ng Human Says:
    September 17th, 2012
    Posted at: 1:30 pm

    Hi SR, GA. Hope u r fine. I think nifty will test 5400 again before going to 5700 levels and its better to enter puts at this moment in my point of view and also the market entered in over-bought zone as per RSI charts. what do u say?


  11. CB Says:
    September 17th, 2012
    Posted at: 1:30 pm

    Hi paramveer singh, has some resistance at 70. above this can see 75


  12. sonu Says:
    September 17th, 2012
    Posted at: 1:31 pm

    Hi SR, Ok I am also holding 5400 PUT , shall I exit 5400 PUT now or hold .


  13. Be!ng Human Says:
    September 17th, 2012
    Posted at: 1:31 pm

    Hi CB, Good afternoon CB. Hope u r doing great.


  14. dak Says:
    September 17th, 2012
    Posted at: 1:31 pm

    CB, L&T short call still holds ? L&T has risen to 1550 levels again - can I short now ?


  15. gayathri Says:
    September 17th, 2012
    Posted at: 1:31 pm

    Hi CB, hi CB , no new PE bought it last week at 11.50


  16. CB Says:
    September 17th, 2012
    Posted at: 1:31 pm

    Hi pravin, hold with sl at 1565

    Hi Be!ng Human, Good afternoon. yes, going fine. hope you too

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