Intraday calls for 17-10-11
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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santhosh Says:
October 17th, 2011
Posted at: 3:28 pm
ok
$tyle Icon Says:
October 17th, 2011
Posted at: 3:34 pm
cani short tata motors for next series..?
VIJAY Says:
October 17th, 2011
Posted at: 3:38 pm
HI CB,
Chambal results tmrw what can be expected.100.35 long position holding can i expect 105 levels ...
Subhag Ghosh Says:
October 17th, 2011
Posted at: 3:52 pm
I was holding 4 lots short on Nifty 5100 Call at 67 since wed, today cleared 2 lots with no loss no profilt, still holding 2 lots short. Waiting for the market to cool off and consolidate in comming 2-3 days.
CB Says:
October 17th, 2011
Posted at: 3:53 pm
Hi $tyle Icon, no, don't go short on it yet
Hi VIJAY, it can test 103-104 it seems.
CB Says:
October 17th, 2011
Posted at: 3:53 pm
Hi Subhag Ghosh, as of now nifty has strong resistance near 5150.. its possible nifty tests support at 5070. lets see.
raj Says:
October 17th, 2011
Posted at: 3:56 pm
long in nifty with 2 lots @ 5108.. pls suggest...
wajeed Says:
October 17th, 2011
Posted at: 3:59 pm
HI CB, bought today moser baer 10000 shares @23.50 pls suggest the target to book profits wht pice should i exit this stock thanks.
Subhag Ghosh Says:
October 17th, 2011
Posted at: 4:04 pm
Hi CB, I failed to understand onething, when Market was trading around 4750, the market analyst was was giving target of 4500 to 4200 in comming days, and now when nifty has rallied almost 400 points, the analyst are giving target of 5300 - 5500 in comming days. What I understand with my little bit of experience buy when there is panic in market and sell when there is a euphoria.
One more thing that I have learned after loosing lot of money in options , never buy a option, always sell a option....There is 70% chance, even u are struck on wrong direction of option, we may well able to recover you sell price.
Thanks and Regards,
Subhag Ghosh
vasanth Says:
October 17th, 2011
Posted at: 4:37 pm
Hi Subhag Ghosh, Well said.
With which brokerage do you sell nifty options ...how much margin is required ?
CB Says:
October 17th, 2011
Posted at: 4:43 pm
Hi raj, hold with sl at 5070 for now. or hedge with a 5000 put
Hi wajeed, it has good support near 22 levels. can test 25 in coming days
Hi Subhag Ghosh, yes, very true.. its best to go with technicals. nifty has strong short/ med term support at 4700-4750 levels and has again and again managed to hold onto it. on the upside strong resistance in the 5150-5180 zone. selling pressure could step in from here if unable to cross it
Subhag Ghosh Says:
October 17th, 2011
Posted at: 4:45 pm
Hi vasanth, That's the problem, I have ICICI as my brockerage house, in the money option is around 25,000 -26,000, deep out of the money option varies from 18,000- 20,000.
Rise Says:
October 17th, 2011
Posted at: 5:03 pm
sir target for nelcast...?
DJ Says:
October 17th, 2011
Posted at: 5:03 pm
Hey Cb
y did u ask arvind to come down?.?i guess so that other ppl can also enter.Right???lol
still holding long.any chance of going beyond 108 tmrw???
regards
vikrant Says:
October 17th, 2011
Posted at: 6:12 pm
holding ce of tisco 460 @3.4 .can i hold it or exit
thavva Says:
October 17th, 2011
Posted at: 6:58 pm
Hi CB, GE, confidence petro failing to cross 10. Shall i hold this for long term or avg here?