Quotes with Resistance & Support
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Intraday calls for 18-10-16

Posted on: October 18th, 2016 at 8:32 am

Markets likely to open higher. Support for Nifty is at 8450 and resistance at 8620. Bank Nifty has support at 18800 and resistance at 19400.

No pre-market call for today. Continue to hold Tata Steel – (Book profit in Tata Steel at 423)

1.47pm – Buy Larsen and Tubro at 1475, target: 1495. Stoploss: 1462 – (Book profit at 1490)

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82 Responses

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  1. Prathmesh Says:
    October 18th, 2016
    Posted at: 12:44 pm

    Goodafternoon CB sir, is this right level to average Va Tech Wabag @ 538/-?


  2. CB Says:
    October 18th, 2016
    Posted at: 1:46 pm

    Buy Larsen and Tubro at 1475, target: 1495. Stoploss: 1462


  3. Krishna Ballu Says:
    October 18th, 2016
    Posted at: 1:55 pm

    Good Afternoon CB: OBC target price, please suggest.


  4. Prema Says:
    October 18th, 2016
    Posted at: 1:58 pm

    Hi CB,

    GLOBAL MARKET IS GOOD , SO NIFTY WILL BE POSITIVE OR ANY DOWNSIDE EXPECTED.


  5. CB Says:
    October 18th, 2016
    Posted at: 2:54 pm

    Hi Prema, yes, seems may continue to remain a bit positive.

    Hi Krishna Ballu, can test 130 in 1-2 days

    Hi Prathmesh, not yet. best to wait for now

    Hi Pooja, its a hold for now. can test 752 again. manali can test 50-52.


  6. YD Says:
    October 18th, 2016
    Posted at: 2:55 pm

    Hi CB, Can I hold ICICI bank or should i book profits ?


  7. CB Says:
    October 18th, 2016
    Posted at: 2:56 pm

    Hi YD, lets hold for now. is going strong.


  8. YD Says:
    October 18th, 2016
    Posted at: 2:57 pm

    Alright CB, Thanks


  9. CB Says:
    October 18th, 2016
    Posted at: 2:58 pm

    Hi YD, most welcome.


  10. rajesh Says:
    October 18th, 2016
    Posted at: 3:00 pm

    sir i bought nifty at 8600 & banknifty at 19250 wat my trg in fut ?


  11. Prathmesh Says:
    October 18th, 2016
    Posted at: 3:01 pm

    CB sir if I want to enter in cineline what should be right level?


  12. Harsha Says:
    October 18th, 2016
    Posted at: 3:04 pm

    Hi CB , I have short on Zeel oct futures at 506 .Please suggest should I continue to hold or exit ?.


  13. CB Says:
    October 18th, 2016
    Posted at: 3:04 pm

    Hi rajesh, lets wait. can test 8720 and 19600

    Hi Prathmesh, can add few above 69


  14. CB Says:
    October 18th, 2016
    Posted at: 3:04 pm

    Hi Harsha, yes, its a hold for now.has resistance at 520


  15. Prathmesh Says:
    October 18th, 2016
    Posted at: 3:06 pm

    Thnkyou sir


  16. CB Says:
    October 18th, 2016
    Posted at: 3:10 pm

    Hi Prathmesh, most welcome.

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