Quotes with Resistance & Support
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Intraday calls for 18-10-13

Posted on: October 18th, 2013 at 8:31 am

Markets likely to open higher, . Resistance for nifty is at 6150 (closing basis).

Buy Fortis around 102.5, target: 106.5, Sl 99.5

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80 Responses

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  1. SaiPalanivel Says:
    October 18th, 2013
    Posted at: 2:44 pm

    market over short covering build up care fully some correction expect soon down side 100,150 points its my view.


  2. sanjay Says:
    October 18th, 2013
    Posted at: 3:16 pm

    hey is it advisable to enter reliance infra now?


  3. cvrprakash Says:
    October 18th, 2013
    Posted at: 3:40 pm

    Hi CB

    Bought 2 lots of 6150 PA during the market close.
    Please guide on Nifty spot levels, What levels I need to keep SL on Monday.


  4. Sandip Says:
    October 18th, 2013
    Posted at: 5:20 pm

    Monday Axisbank rang?


  5. Kumar S Says:
    October 18th, 2013
    Posted at: 5:50 pm

    hi CB..Please advice can I average REI Six Ten and Rama Vision at current levels? Holding large numbers at very high levels? How are they in view of fundamentals? Please advise


  6. Kumar S Says:
    October 18th, 2013
    Posted at: 5:57 pm

    N CB I want to open a new trading account. Is it fine to do it with Sharekhan? I am based at Kanpur, UP.


  7. Prashant Says:
    October 18th, 2013
    Posted at: 6:02 pm

    GE Sirji

    What about Ranbaxy FUT ?

    I am short @ 395 Please suggest

    Thanks


  8. jai kumar Says:
    October 18th, 2013
    Posted at: 7:16 pm

    MASSIVE SHORTING OF PUTS 6200 AND 6100 WAS DONE AND THUS THE NIFFTY DID NOT TAKE EVEN A BREATHER DURING THE DAY. AS NOW IT SEEMS 6250 IS THE MOST LIKELY SCENARIO AND IF ON MONDAY 6200 AND 6300 ARE SHORTED HEAVILY THEN 6300 PLUS IS ALSO POSSIBLE.


  9. Kartik Says:
    October 18th, 2013
    Posted at: 7:33 pm

    sorry guys, just came back

    Hi Prashant, hold the short with a tight SL at 398 (cash), 390 acts as its strong support, once broken, it can see lower levels ahead

    Hi Kumar S, Yes, you may start wit it

    Hi Kumar S, they are average bet fundamentally, you may continue holding them for mid/long term

    Hi Sandip, can see 1175


  10. vikas Says:
    October 18th, 2013
    Posted at: 7:44 pm

    caught by Fortis...bought @103.25 at 11:45am and sold at @101.85 at 3pm....but looking forward...


  11. sanjay Says:
    October 18th, 2013
    Posted at: 7:58 pm

    hey based on your technical outlook on raymond i currently have 100 of em at Rs 252.35....what target can i aim for?


  12. Ravichandran Says:
    October 18th, 2013
    Posted at: 8:13 pm

    Hi CB/KARTIK/SM/SB/KB/SAIPALANIVEL AND ALL GOOD EVENING AND HAVE A GREAT WEEKEND...TAKECARE....BYE....:)


  13. SaiPalanivel Says:
    October 18th, 2013
    Posted at: 10:11 pm

    HI Ravichandran,YOUR MOST WELCOME.


  14. Kartik Says:
    October 18th, 2013
    Posted at: 11:14 pm

    Hi vikas, seemed it managed closing close to its strong support of 100

    Hi sanjay, it face strong resistance at 260, hold it with a SL at 248 for few days, a breakout above 260, can take it to 280 lvls and higher in a few weeks

    Hi Ravichandran, Good evening, thanks, same to you

    Hi SaiPalanivel, GE


  15. raunak Says:
    October 19th, 2013
    Posted at: 9:08 am

    hey , i got a pe of 130 @ 3 of nov dlf . Wats the bet on that ?


  16. Market Bull Says:
    October 19th, 2013
    Posted at: 9:14 am

    Hi Kartik, sir ji ur view on bombay [email protected] on thursday and can hold till friday....ystrd market went up 500 points but it settle down @61.70

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