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. SR Says:
    September 17th, 2012
    Posted at: 2:04 pm

    Hi Aabha, Most Welcome.

    Hi NH, None as yet. Will wait for now till the momentum subsides.


  2. Sad Says:
    September 17th, 2012
    Posted at: 2:05 pm

    Hi SR, can i buy 2400pe for infy?


  3. NH Says:
    September 17th, 2012
    Posted at: 2:06 pm

    Hi SR - Thank you...


  4. Sad Says:
    September 17th, 2012
    Posted at: 2:07 pm

    Hi SR, or 2450pe?


  5. subodh Says:
    September 17th, 2012
    Posted at: 2:08 pm

    Hi SR, Where do u see nifty expiry this month?


  6. Buffet Says:
    September 17th, 2012
    Posted at: 2:09 pm

    Hi SR, Please brief the relation between Option OI and Nifty direction


  7. SR Says:
    September 17th, 2012
    Posted at: 2:10 pm

    Hi Raasi, Not sure as of now. already rallied quite a lot.

    Hi Sad, Can enter in small qty on a pullback above 2599 with sl 2645 for targets of 2507, 2640. KEEP QTY LOW as its against main trend.

    Will be back after 30 mins. ...


  8. Buffet Says:
    September 17th, 2012
    Posted at: 2:11 pm

    Hi SR, Thank you sir


  9. aa Says:
    September 17th, 2012
    Posted at: 2:11 pm

    Hi SR, where does the sept series expire?any idea?


  10. SR Says:
    September 17th, 2012
    Posted at: 2:13 pm

    Hi Sad, Read targets as 2507 and 2460.

    Hi Buffet, No relation of OI and Nifty direction. Other Analysis indicators are used for the same.


  11. Pradeep Says:
    September 17th, 2012
    Posted at: 2:15 pm

    Tata motors rock.. waiting for 295


  12. VS Says:
    September 17th, 2012
    Posted at: 2:16 pm

    hi SR, pl tell me whats the target of TATA MOTORS, I bought at 261


  13. Sad Says:
    September 17th, 2012
    Posted at: 2:17 pm

    Hi SR, Thanks :)


  14. Be!ng Human Says:
    September 17th, 2012
    Posted at: 2:21 pm

    Hi tuff money,Yes, Thanx 4 reply. If u go through the previous 2 month RSI charts, nifty was in overbought and oversold zone for just 3-4 days(hardly 1-2 weeks) and the nifty momentum is pretty fast compared to previous history. In that case i am expecting it to happen again and so asked SR for his view. Good luck.

    Hi SR, Thnx alot for ur previous reply. I already started buying puts and will stop it now,again will resume at the levels u mentioned. Good luck.


  15. Rahul Sinha Says:
    September 17th, 2012
    Posted at: 2:21 pm

    september expiry target for nifty?


  16. vijayk Says:
    September 17th, 2012
    Posted at: 2:21 pm

    CB...please suggest on TCS

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