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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H A M Says:
October 17th, 2012
Posted at: 9:57 pm
Hi buffet, Sorry, no idea abt it's results. HCL has support at 576/558, if breaks it may fall further to lower levels and it's in corrective-phase, better to re-enter in dips. GN :)
Hi amit, Am not sure, need to wait for 2 days for conformation. As of now nifty is going nowhere but hovering along support zones.
Hi Priyanka, Y'r always welcome. GN.
Hi Akash, Yaar, first of all it's really very good/happy news for U and as well as me that u got job in RRB. CONGRATULATIONS SERIOUSLY :), Now-a-days am really afraid of that name strangle. No, I can't suggest u regarding that but u can take long positions after a small correction. Good luck with ur career and don't be in hurry, I mean never. take care. GN:)
Hi SAIRAM, Avoid it and it's very dangerous script for investment too. It fell from 262-19, really wierd. If breaks 18/17, it may fall further to much lower levels. But, as per technical charts, a small bounce is likely and is short-lived. Long-term view of this script is -ve. Better choose good A-group scripts. GN
Hi jk, :) GN.
Hi Ani, Good evening. Am fine and hope the same from u too. Thanks for asking. Hold the puts for now as our market is showing some weakness since 2-3 days and keep tight SL of 5720/30 and average Nov calls below 5550/5520. It's difficult to say precisely in these levels.
Hi Sohan, GE.
cerulean Says:
October 17th, 2012
Posted at: 9:59 pm
Hi Kartik, will wait to enter a trade tomorrow..
Hi Sohan, YES .THANK YOU ... and tomorrow at 8 pm is the NG inventory..
Deep121 Says:
October 17th, 2012
Posted at: 10:01 pm
Hi CB/Kartik,
Holding BIOCON future@ 268 as BTST..please suggest possible TGT and SL.
Kartik Says:
October 17th, 2012
Posted at: 10:12 pm
Hi sheeja, GE, I guess you mean 210, hold it with a tight SL at 198 (cash), avoid adding more of it yet
Hi pankaj, hold HPCL with a SL at 295 (strong support 295-300), 5640-30 acts a strong support level, if we break it, we can see lower levels
Hi Ani, its waiting for a breakout either ways, above 5720, below 5640
Hi Deep121, below 270 looks weak, keep a SL at 265, try to exit on rise tomorrow
H A M Says:
October 17th, 2012
Posted at: 10:24 pm
Hi cerulean, Sorry, just now saw ur reply. Crude is really very volatile these days. Just sharing my opinion::
Crude has very strong support at 88-86 zone, if breaks it may fall further to 80 levels. It has resistance at 97/100, if breaches it will cross 105+. This is my one-time view on crude. For longs, it's best to keep 86 as SL. Good luck. TC, Good night :)
Dinesh Says:
October 17th, 2012
Posted at: 10:26 pm
WHAT LEVEL WE SEE FOR IFCI TILL RESULTS,RESULTS WILL BE ON 19 OCT 12
lionheart_kd Says:
October 17th, 2012
Posted at: 10:26 pm
hai karthik....can i enter in m&m nw???
Anita Says:
October 17th, 2012
Posted at: 10:28 pm
Sir, I have bought sail futures @ 86.20 and sintex futures bought @ 74. Pls advise what is to be done as both these stocks havefallen. Pls advise
H A M Says:
October 17th, 2012
Posted at: 10:31 pm
Hi Anita, I replied to u at 8:08 pm for ur post. Plz check once. The below is the earlier reply,
"Sintex has support at 70/65/61, if breaks it may fall further, sell now and enter in lower levels as it's likely to get into corrective-phase in coming days. Sail has support at 80/78 and is in over-sold zone, hence, hold it for a week or two, likely to bounce back to 90+ if crosses resistance level of 86/87."
cerulean Says:
October 17th, 2012
Posted at: 10:41 pm
Hi Kartik,Wd kindly like to know , crude in spite of bad inventory ,may still close +ve .Does that signify a trend change plz? Before the inventory , CB had been kind enough to say , to hold the long position [which I had closed ,before the sudden fall..at 8 pm. ]
The reason I am asking is to know , how to trade this tomorrow ..Just in case I do not get thr ' to you all , before an entry..can i go long or short ..
Sorry to bother you so , with crude ..
as commodities , in general are very unpredictable ,I tend to ask , too many times ..
CB Says:
October 17th, 2012
Posted at: 11:05 pm
Hi John, stocks often give bounce from their support levels, if for intraday, a stock breaks its support levels, wait for a couple of mintues before making a call on it,if still holding it, continue to hold the short for another 2-3 days can see some downside
Hi Dinesh, it has been trading weak, seems may continue to trade flat/lower
Hi lionheart_kd, enter around 822 for a target of 835 with a SL at 815
Hi Anita, enter PE to hedge SAIL, hold Sintex for some more time with a SL at 70 (strong support
CB Says:
October 17th, 2012
Posted at: 11:07 pm
Hi cerulean, GE, it faces strong support at 92, if it manages to close below that, its likely to see some more downside ahead
ravi Says:
October 17th, 2012
Posted at: 11:15 pm
hi cb, booked loss in hindustan oil explorationholding at@117sold with a stop loss 110
kindly sugest a stock less than 100 rs from which i can cover my losses
NH Says:
October 17th, 2012
Posted at: 11:19 pm
Hi CB - Thanks.
molly Says:
October 17th, 2012
Posted at: 11:21 pm
Hi CB Sir
may i know the trend of Star ? today it opened at 907 and closed @ 890.
Is it a profit booking or moving to downtrend ? please guide
cerulean Says:
October 17th, 2012
Posted at: 11:22 pm
Hi CB, OK... Thank you..How do u see the global economy , as such ? Is it improving ? EU'S JUNCKER: Sees Spain and Greece on a 'good path', and says Greece will stay in the euro zone.