Quotes with Resistance & Support
Market Information

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. CA.Tejas Says:
    September 17th, 2012
    Posted at: 3:18 pm

    Hi CB,If hold then what tgt it can see??


  2. Chandan Says:
    September 17th, 2012
    Posted at: 3:18 pm

    Hi CB, Sir, Can I add Biocon here at cmp 280 ? positionally ?


  3. p.banerjee Says:
    September 17th, 2012
    Posted at: 3:19 pm

    cb sir is this valid 4 bank nifty also?


  4. CB Says:
    September 17th, 2012
    Posted at: 3:19 pm

    Hi Munna, yes. can test support at 5550-5570 once

    Hi CA.Tejas, not sure yet

    Hi Chandan, in small quantity


  5. Robotguy Says:
    September 17th, 2012
    Posted at: 3:19 pm

    Hi Raasi, what price u had shorted LT ? Always remember one basic rule NEVER SHORT when OPEN=LOW and NEVER BUY when OPEN=HIGH. Most of the time this will work...


  6. CB Says:
    September 17th, 2012
    Posted at: 3:19 pm

    Hi p.banerjee, yes


  7. Brahan Says:
    September 17th, 2012
    Posted at: 3:20 pm

    Hi CB, All banks are up by 5% except HDFC, can hold it


  8. p.banerjee Says:
    September 17th, 2012
    Posted at: 3:20 pm

    thanks a lot again


  9. Karan Sharma Says:
    September 17th, 2012
    Posted at: 3:20 pm

    Hi CB,

    Can i but 620 CE HDFC Bank @ CMP?


  10. CB Says:
    September 17th, 2012
    Posted at: 3:21 pm

    Hi Brahan, yes, technically looks good. hold it

    Hi p.banerjee, most welcome

    Hi Karan Sharma, yes.


  11. Robotguy Says:
    September 17th, 2012
    Posted at: 3:21 pm

    Hi CB, Welcome back sir....


  12. CB Says:
    September 17th, 2012
    Posted at: 3:22 pm

    Hi Robotguy, thanks.


  13. piya Says:
    September 17th, 2012
    Posted at: 3:22 pm

    hey cb..
    where do u c powergrid at expiry???still holding


  14. deepa11 Says:
    September 17th, 2012
    Posted at: 3:22 pm

    Hi cb,nifty can test 5570 by this expiry?


  15. VS Says:
    September 17th, 2012
    Posted at: 3:22 pm

    THANKS SIR FOR ALL YOUR DIRECTIONS...


  16. CB Says:
    September 17th, 2012
    Posted at: 3:23 pm

    Hi piya,yes, it has been a weak one. hedge with a 115 pe for now

    Hi deepa11, yes.

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