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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Comment pages: 2345678910Show all

  1. MD Says:
    October 17th, 2011
    Posted at: 9:07 am

    Hi CB, Sir, should I buy IDFC for 125 for intra?


  2. Kb Says:
    October 17th, 2011
    Posted at: 9:07 am

    Hi JR, GM ..


  3. CB Says:
    October 17th, 2011
    Posted at: 9:07 am

    Hi vs, yes, would advice to book for now. can enter again once trades above resistance of 242

    Hi Vinu, considering recent upmove, would advice to wait for some dip to enter fresh longs.


  4. CB Says:
    October 17th, 2011
    Posted at: 9:08 am

    Hi MD, yes.


  5. Akash Says:
    October 17th, 2011
    Posted at: 9:12 am

    Hi CB, But market is going up and up only and we may see 5700-5800 by Diwali. In that case, All CE will be 5-6 times from current level


  6. aravind Says:
    October 17th, 2011
    Posted at: 9:12 am

    Ok Thanks CB.


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

    Hi Akash, hmm.

    Hi aravind, most welcome.


  8. vs Says:
    October 17th, 2011
    Posted at: 9:13 am

    ok txs a lot cb.


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

    Hi vs, most welcome.


  10. MD Says:
    October 17th, 2011
    Posted at: 9:13 am

    Hi CB, Thanks a lot. waitin for trading to open.... Till now just window shoping....:-)


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

    Hi MD, :)


  12. Kb Says:
    October 17th, 2011
    Posted at: 9:14 am

    Hi CB, ambuja wil brek out soonn ... i guess :DD .. in this 5 yr plan(current), focus was for infra development, but why infra companies r beaten down ?


  13. divya Says:
    October 17th, 2011
    Posted at: 9:15 am

    shall buy 5100PE around 5150-60 levels...


  14. KC Says:
    October 17th, 2011
    Posted at: 9:15 am

    HI CB,
    What will be todays targets for DCB and Chambal.


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

    Hi CB, So if u think Market can go up only for at least next 1 month, can we buy some CE? Which one?


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

    Hi Kb, ya.. above 153 looks good

    Hi divya, not yet

    Hi KC, around 44 and 103.

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