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. shri Says:
    October 17th, 2011
    Posted at: 12:02 pm

    hi CB, holding one lot of 5100 bought @ 90, can i add more for the day ? looks to be some more downside likely after europe opens ??


  2. Kartik Says:
    October 17th, 2011
    Posted at: 12:02 pm

    Hi sureesh, has been in a downtrend, wait for its prices to settle


  3. Vinu Says:
    October 17th, 2011
    Posted at: 12:02 pm

    Hi Kartik sir


  4. Kartik Says:
    October 17th, 2011
    Posted at: 12:03 pm

    Hi shri, dont add more, seeing some profit booking, hold it with a Sl at 5060 (cash)

    Hi Vinu, GA


  5. Mahe Says:
    October 17th, 2011
    Posted at: 12:04 pm

    Hi Kartik, Did TCS results came out or when is that?


  6. Kb Says:
    October 17th, 2011
    Posted at: 12:04 pm

    Hi raja, not sure yet.. lets see how europe trades.


  7. Vinu Says:
    October 17th, 2011
    Posted at: 12:04 pm

    Hi Krtik sir
    What happend to L&T
    shall i enter this level


  8. binod Says:
    October 17th, 2011
    Posted at: 12:04 pm

    hi kartik can i by arvind limted at 105


  9. Kartik Says:
    October 17th, 2011
    Posted at: 12:04 pm

    Hi Mahe, no, not yet


  10. Sourabh Says:
    October 17th, 2011
    Posted at: 12:05 pm

    Kartik Sir...short on INfy@2726...please advise where to cover for intraday...


  11. Kartik Says:
    October 17th, 2011
    Posted at: 12:05 pm

    Hi binod, Markets are seeing profit booking, wait for osm etime


  12. Kartik Says:
    October 17th, 2011
    Posted at: 12:05 pm

    Hi Vinu, has been trading weak, a void fresh entries in it yet


  13. Kartik Says:
    October 17th, 2011
    Posted at: 12:06 pm

    Hi Sourabh, book around 2710, keep a SL at 2735


  14. shri Says:
    October 17th, 2011
    Posted at: 12:06 pm

    ok kartik, can i enter 5100 PE in that case for some short gains ??


  15. Kartik Says:
    October 17th, 2011
    Posted at: 12:07 pm

    Hi shri, enter if we break 5080 (intraday support)


  16. aasu Says:
    October 17th, 2011
    Posted at: 12:08 pm

    holding cromton @ 165 for swing trade. wad i do ? trgt sl plz sir

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