Quotes with Resistance & Support
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Intraday calls for 18-09-12

Posted on: September 18th, 2012 at 8:15 am

Markets likely to open flat, Resistance for Nifty around 5640, support at 5550

Buy Biocon around 280, Target: 287, SL 275 – (Can continue to hold biocon for 1-2 days if possible. looks good technically)

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730 Responses

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  1. Sohan Says:
    September 18th, 2012
    Posted at: 9:06 pm

    Hello CB,

    We are looking for a gap down opening.

    Looks we will trade down till friday untill final news on Mamta.

    Please give me opinion on some PE.

    Sohan


  2. avik Says:
    September 18th, 2012
    Posted at: 9:08 pm

    Hi Be!ng Human, i just love her...:D being a PE holder...:P


  3. Rise Says:
    September 18th, 2012
    Posted at: 9:13 pm

    jack bro do u have gmail id....wanna talk abt commodities bro :)


  4. Kartik Says:
    September 18th, 2012
    Posted at: 9:17 pm

    Hi Tanish Raj, would be better to keep a trailing SL at 5580 and hold them for some more time

    Hi Sohan, for now it seems we may open flat on Monday, but also lets wait to see how other Global ques react, hold the PE's for another 1-2 days with a SL at 5630

    Hi paramveer singh, its seeing profit booking from its resistance of 1400, avoid fresh entries in it

    Hi Deep121, its seeing selling pressure, would be better to exit from it (book on rise on Monday)

    Hi akash patel, avoid adding more of it yet, faces strong support at 170-160 levels, keep a SL at 158 and hold it for Short term

    Hi Ravichandran, GE, thanks, same to you

    Hi Munna, hold RELCAP short with a SL at 378, others can add some gains in the coming days, keep a SL at 270 for Biocon

    Hi ARIJIT, try on nseindia.com

    Hi sheeja, the mentioned stocks look weak, avoid them, would advice to enter Balmer lawrie for Short term

    Hi tuff money, could have a negative impact


  5. SATYA Says:
    September 18th, 2012
    Posted at: 9:21 pm

    How is Vijaya Bank and Biocon for 1 -2 days.


  6. sheeja Says:
    September 18th, 2012
    Posted at: 9:21 pm

    ok thanks karthik....


  7. kb trader Says:
    September 18th, 2012
    Posted at: 9:21 pm

    hahahaha

    tmc statement is like kg kid complaining about no chocolate biscuit & all bla bla


  8. kb trader Says:
    September 18th, 2012
    Posted at: 9:28 pm

    TMC ministers to resign on Friday

    why friday ?? :DDDDD our pm will be still there in office :DDDDD


  9. grilgates Says:
    September 18th, 2012
    Posted at: 9:35 pm

    karthik sir, please advice on the cheapest broker available for option trading, icici is day light robber


  10. Gurvinder Says:
    September 18th, 2012
    Posted at: 9:41 pm

    Funny:

    Mamta talked about the govt bringing in the FDI retail, Diesel, LPG etc to divert attention from Coal. She also talked about corruption in the govt.......

    Questions:
    1. She still keeps way to come back to support a corrupt govt.
    2. And the cost of coming back to support is retail FDI reversal and LPG. What will she say about coal when she joins back.


  11. Munna Says:
    September 18th, 2012
    Posted at: 9:45 pm

    Hi Kartik, Thanks. What will be the impact of TMC withdrwaing support to UPA? Market hit lower circut?


  12. Gurvinder Says:
    September 18th, 2012
    Posted at: 9:48 pm

    I would love to see the market strongly celebrating Mamta's get-out..... Such anti development people do not deserve to be there.

    Though Manmohan Singh is not a great leader yet he will be better without mamta.


  13. cvrprakash Says:
    September 18th, 2012
    Posted at: 9:50 pm

    Dear CB,

    From June low of 4770 to this Sep high of 5652, Nifty rallied 882 points in very short span.
    We have not seen any major correction in this phase.
    How to trade from now on? What you suggest to make money from now on. Please suggest. Thanks.


  14. BDM Says:
    September 18th, 2012
    Posted at: 9:56 pm

    Hi grilgates, go for Zerodha Rs. 20/- per trade (any size)


  15. Be!ng Human Says:
    September 18th, 2012
    Posted at: 10:02 pm

    Hi avik, Yes, thank god at least there is one party in India who raised voice against government and the rest of all are like puppets in congress hands and shame on them.
    Wow see SGX nifty fell suddenly from +10 to -60 points.


  16. Munna Says:
    September 18th, 2012
    Posted at: 10:03 pm

    Hi grilgates, Zerodha is the cheapest. I have opened the account this month and working fine. Their brokerage is flat 20rs per one order irrespective of no of lots. Very cheap. due to this advantage today I bought 5400 PE 100 lots @ 7.7 and sold @ 8.00. even for .30 I made a profit of 1460 after deduscting brekerage of 40 (20 for buy and 20 for sell...

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