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. Raasi Says:
    September 17th, 2012
    Posted at: 3:56 pm

    Hi CB,

    Is L&T a hold for tomorrow. Is it going to see downside.
    I exited from the stock with profit, can I go short tomorrow also for a tgt of 1525.

    Thank you for your time


  2. SR Says:
    September 17th, 2012
    Posted at: 3:59 pm

    Hi Robotguy, But Things will change once Nifty breaks above 5784 on weekly basis as all time-frames go positive. And we see a bull run of at least 40-50% gains.


  3. Ravichandran Says:
    September 17th, 2012
    Posted at: 3:59 pm

    HI CB/ROBOTGUY THANKYOU FOR YOUR GUIDANCE


  4. SR Says:
    September 17th, 2012
    Posted at: 4:00 pm

    Hi Robotguy, Sorry my earlier reply to you is in spam. Pls read the second in continuation of the first.


  5. sunny Says:
    September 17th, 2012
    Posted at: 4:01 pm

    SR Sir, had emailed you on friday... still awaiting ur response


  6. paramveer singh Says:
    September 17th, 2012
    Posted at: 4:02 pm

    your view on copper, i have short one lot @ 454.50


  7. subodh Says:
    September 17th, 2012
    Posted at: 4:05 pm

    Hi SR, SR..where do u see nifty can expire this month?


  8. deepa11 Says:
    September 17th, 2012
    Posted at: 4:06 pm

    hi robot,r u still holding idfc..


  9. SR Says:
    September 17th, 2012
    Posted at: 4:06 pm

    Hi sunny, Sorry, I received just too many mails on Friday. Have replied a many. Will Reply the rest today.


  10. sunny Says:
    September 17th, 2012
    Posted at: 4:07 pm

    Waiting Sir :)


  11. Raasi Says:
    September 17th, 2012
    Posted at: 4:08 pm

    Hi robotguy/SR,

    Can I short sell L&T tomorrow also.

    thank you for your time


  12. SR Says:
    September 17th, 2012
    Posted at: 4:10 pm

    Hi subodh, Nifty not likely to sustain above 5600. But downside targets will only be known after we breach below 5565. The momentum of a breach always sets the target.


  13. Mahesh Says:
    September 17th, 2012
    Posted at: 4:11 pm

    Hi CB / SR,

    What will be ther range of Nifty during this end of Sept expiry?


  14. Robotguy Says:
    September 17th, 2012
    Posted at: 4:11 pm

    Hi SR, Cannot see your 1st msg posted before 3.59 pm

    Hi CB, Pls check SR's msg posted before 3.59 pm gone in spam....

    Hi Ravichandran, Welcome sir

    Hi deepa11, Yes I am still holding it in cash I keep on doing intraday trade on that I sell and then I buy it again, but today I made a loss I sold at 146 and bought back at 148


  15. NB Says:
    September 17th, 2012
    Posted at: 4:12 pm

    Hi CB theres a error in the market stats box on the left..it shows nifty up in % terms as 6.63%..


  16. Akash Says:
    September 17th, 2012
    Posted at: 4:13 pm

    Hi SR, What shud be my strategy to cover loss now in next 2-3 months.. Considering Nifty may see 6000 by this year end and I don't have much money to invest.. Holding 5500 PE as of now.. if it can see 60-70 in 2-3 days, I will have some money to invest in CE for Nov or Dec.. Pls help me.. If you want, I can give you my IndiaBulls ID and Paswd so that you can trade for me.. Pls help...

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