Intraday calls for 17-10-12
Markets likely to open higher, support for Nifty at 5630 and resistance at 5750.
Buy Autoline Industries around 198, Target: 206, SL 192
(trade in small quantity)
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SM Says:
October 17th, 2012
Posted at: 7:05 pm
Hi cerulean, though the breakout above 4920 was accompanied with volume, but news of inventory is knocking at the door. can give it some more time to settle. let inventory be out. let another 1 or 2 hours chart formation happens. then we will try to analyse
Priyanka Says:
October 17th, 2012
Posted at: 7:06 pm
Hi cerulean, Thanks Gitanjali
sashi singh Says:
October 17th, 2012
Posted at: 7:07 pm
HI CB Sir/Being Human
on nifty(Spot) 6 months chart i can see head and shoulders pattern formation...please guide me if it is correct.
cerulean Says:
October 17th, 2012
Posted at: 7:07 pm
Hi SM, ok...
SM Says:
October 17th, 2012
Posted at: 7:07 pm
Hi cerulean, ok. but remember lead will be a risky trade. its been falling for the last few days and this will be a contra trade. SL is a must
JP Says:
October 17th, 2012
Posted at: 7:08 pm
CB...shall i enter oswal greentech now?
Priyanka Says:
October 17th, 2012
Posted at: 7:09 pm
Hi cerulean, Are you trading with Zerodha ?
cerulean Says:
October 17th, 2012
Posted at: 7:12 pm
Hi SM, The number of housing starts in the U.S. rose to the highest level in four years in September And they are adding pressure ..On IRAN .. restricting sanctions ..
The inventory report expected to be slightly negative ,
cerulean Says:
October 17th, 2012
Posted at: 7:14 pm
Hi SM, ok...Crude may be a better bet...
SM Says:
October 17th, 2012
Posted at: 7:14 pm
Hi cerulean, hmmm. now from 5:30 till now, wild swing in NG
cerulean Says:
October 17th, 2012
Posted at: 7:16 pm
Hi Priyanka, no... have had a talk with them .. they are good ,f you trade in options ,with bigger lots .. does not suit me ,as i don't trade in these ..
Dev Says:
October 17th, 2012
Posted at: 7:17 pm
I have 5 lots ICICI bank OCT CE 1200 at Rs. 9, Can you suggest me what should I do i.e. should I exit or hold
cerulean Says:
October 17th, 2012
Posted at: 7:18 pm
Hi SM, NG inventory is tomorrow , I thought..[thursadta]
cerulean Says:
October 17th, 2012
Posted at: 7:20 pm
Thursday
Priyanka Says:
October 17th, 2012
Posted at: 7:21 pm
Hi cerulean, Yes, trading in options in huge lots is very risky.I did it in the initial years of trading and paid the price.
SM Says:
October 17th, 2012
Posted at: 7:24 pm
Hi cerulean, i hardly keep track of inventory report. can you refer some keywords to google or some site?