Quotes with Resistance & Support
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Intraday calls for 17-10-11

Posted on: October 17th, 2011 at 8:23 am

Markets likely to open a bit higher. Resistance for nifty is at 5170 and support at 5070

Buy IDFC above 125, target: 128.50. Stoploss: 123
Buy BEML around 505-510, target: 522. Stoploss: 496

Trade in small quantities.

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413 Responses

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  1. dilip Says:
    October 17th, 2011
    Posted at: 8:27 am

    thank u cb


  2. CB Says:
    October 17th, 2011
    Posted at: 8:34 am

    Hi dilip, most welcome.


  3. sanjeev Says:
    October 17th, 2011
    Posted at: 8:35 am

    good morning kartik cb


  4. CB Says:
    October 17th, 2011
    Posted at: 8:35 am

    Hi sanjeev, Good morning.


  5. DJ Says:
    October 17th, 2011
    Posted at: 8:35 am

    Cb
    if jp holds 75 sud i continue my long or exit?
    regards


  6. CB Says:
    October 17th, 2011
    Posted at: 8:36 am

    Hi DJ, exit for now near 75. shall enter again if holds onto 76 for couple of days.


  7. sanjeev Says:
    October 17th, 2011
    Posted at: 8:37 am

    hi cb, I want to buy jp associate, chambal fert, & hdil, how will these stock behave for intraday


  8. balu Says:
    October 17th, 2011
    Posted at: 8:38 am

    sir i have bought reliance 860pe 25rs and 860ce 21 hold are exit


  9. Imran khan Says:
    October 17th, 2011
    Posted at: 8:39 am

    Good morning CB, Thanks CB for IDFC and BEML tip, i will enter both. hope will gain some profits today.

    What about IDBI Bank, Arvind, i am enter all this 4 stock for intraday?

    any suggestion :)


  10. vishal Says:
    October 17th, 2011
    Posted at: 8:39 am

    one of the analysts just recommended a sell on jsw steel for a target of 550, as i had asked u last night i am holding 500@684, you asked me to hold it, what should i do now.


  11. cvrprakash Says:
    October 17th, 2011
    Posted at: 8:40 am

    Dear CB,

    Can I enter TCS CA and DLF PA near 245?


  12. atul Says:
    October 17th, 2011
    Posted at: 8:42 am

    Hi, Good Morning

    SHOT INFOSYS above CMP Target 2737.....


  13. CB Says:
    October 17th, 2011
    Posted at: 8:45 am

    Hi sanjeev, jp assoc is a good buy above 76. dont enter it yet. hdil looks a bit weak. dont enter it yet. chambal too has rallied quite a bit

    Hi balu, hold for now. lets see how it opens. if crosses 870 could test 885

    Hi Imran khan, Good morning. most welcome. go with arvind if holds onto 105 for few min after opening

    Hi vishal, technically stock is in a downtrend, but recently has been finding some support near 580-600 levels. hold for now. if possible hedge with a 560 put

    Hi cvrprakash, no, not sure of tcs yet. need to see how its results shape up. dlf pe can be bought on a 3-4 rs bounce.


  14. CB Says:
    October 17th, 2011
    Posted at: 8:45 am

    Hi atul, Good morning.. thanks

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