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. MD Says:
    October 17th, 2011
    Posted at: 9:02 am

    Hi CB, Sir RCOM openned at 81, not sure abt purchasing it now fro intraday, any sugestion?


  2. sud Says:
    October 17th, 2011
    Posted at: 9:03 am

    Hi CB, GM,

    I have 1140 call option of TCS and 5200 call on nifty...kindly suggest whether to hold these for couple of days or to exit today...


  3. CB Says:
    October 17th, 2011
    Posted at: 9:03 am

    Hi SS, its facing strong resistance at 152-153 levels. hold your short for now

    Hi Kb, looks good. can test 188 in coming days

    Hi MD, its near 78.80 now. enter it if it opens flat.


  4. Sourabh Says:
    October 17th, 2011
    Posted at: 9:03 am

    Gud Mrng CB Sir...
    Should i short Infy for intrday...if yes...then please advise where should i short and where cover...


  5. Akash Says:
    October 17th, 2011
    Posted at: 9:04 am

    Hi CB, or any CE which I can buy for min 3-4 times return?


  6. JR Says:
    October 17th, 2011
    Posted at: 9:04 am

    Gud Mrng CB Sir...
    Gud Mrng KB


  7. vs Says:
    October 17th, 2011
    Posted at: 9:04 am

    goodmorning CB, pl suggest me shall i sell maruti for intraday target 1005?


  8. CB Says:
    October 17th, 2011
    Posted at: 9:04 am

    Hi sud, hold these for now. tcs will need to wait till results are out for some direction. nifty ce is a hold with sl at 5100

    Hi Sourabh, Good morning. it has strong resistance near 2800 levels. one can go short on a 15-20 point rise.


  9. Akash Says:
    October 17th, 2011
    Posted at: 9:05 am

    Hi CB, Shud I buy 5400 CE for oct for target min 40? CMP is around Rs. 8.


  10. CB Says:
    October 17th, 2011
    Posted at: 9:05 am

    Hi Akash, no, as of now none

    Hi JR, Good morning

    Hi vs, Good morning. no, dont enter it yet. its in a downtrend as of now.


  11. sud Says:
    October 17th, 2011
    Posted at: 9:05 am

    thanks CB ..


  12. CB Says:
    October 17th, 2011
    Posted at: 9:05 am

    Hi Akash, no, not sure about it

    Hi sud, most welcome.


  13. Kb Says:
    October 17th, 2011
    Posted at: 9:05 am

    Hi CB, no no ...... need 200 :DDDDD


  14. CB Says:
    October 17th, 2011
    Posted at: 9:06 am

    Hi Kb, :)


  15. vs Says:
    October 17th, 2011
    Posted at: 9:06 am

    okey. i have dlf @ 194, what u suggest shall i exit from here or wait?


  16. Vinu Says:
    October 17th, 2011
    Posted at: 9:06 am

    Sir this is bull market rally or bear market rally,
    if bull market means shall i add my position
    Thank you

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