Intraday calls for 19-10-12

Quotes with Resistance & Support

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Intraday calls for 19-10-12

Posted on: October 19th, 2012 at 8:27 am

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Markets likely to open flat, Support for Nifty at 5630, resistance at 5750

Buy LT around 1650, for a target of 1675, with a SL at 1630 – (SL triggered)

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927 Responses

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komsid Says:
October 21st, 2012
Posted at: 10:51 pm
hi wajeed, its all guesswork, how one reads the chart and takes into account the external info. why nifty has to be down just because the dow went down by 200 pts, because thats what usually happened in past but not always, many a times nifty has shown independent move, will see monday morning, what happens, retail traders only can do guess work, normally one should keep away of the market around holidays and closing but who said we are normal ......
wajeed Says:
October 21st, 2012
Posted at: 11:12 pm
Hi komsid yes perfectly said have a good night,lets see tomorrow how market react to dow have a very good night HAM/karthik/CB.
komsid Says:
October 21st, 2012
Posted at: 11:15 pm
good night wajeed
suresh Says:
October 21st, 2012
Posted at: 11:24 pm
Hi cb, how does shaki pumps and balrampur chini looks for short term? please suggest.
CB Says:
October 21st, 2012
Posted at: 11:34 pm
Hi suresh, Shakti pumps has rallied quiet a lot lately, avoid it, Balrampur Chini looks good above 65 for Short term
Hi wajeed, Good night
suzane Says:
October 21st, 2012
Posted at: 11:37 pm
Hi CB, looking at dow jones am worried about AUTO INDUSTRIES and RAJESH EXPORTS ... what do u think will it show down fall along with market ?? are they market movers ?? what target u suggest in both of them ??
Sohan Says:
October 22nd, 2012
Posted at: 12:42 am
Hi CB, Can I add more of Renuka sugars.
Sohan
adr3 Says:
October 22nd, 2012
Posted at: 1:17 am
5900 NIFTY CALL HOLDING@55
adr3 Says:
October 22nd, 2012
Posted at: 1:18 am
NSE M KYA
DS Says:
October 22nd, 2012
Posted at: 6:56 am
Hi CB,
Can we buy Tata Chem and Mahindra and Mahindra for this week before expiry?
Warm Regards,
DS
DS Says:
October 22nd, 2012
Posted at: 7:01 am
Hi CB,
I have seen that whenever your recommend stock has hit a SL on one day...in the next 2-3 days it always hits the target. :-).
So can we trade LT today? Also rumours are that gold will fall soon and settle around the 1100$ per ounce? Is that true?If yes, its currently trading at 1800 or so an ounce ---now thats a very steep fall....so will it settle around the 20k INR mark per 10 grams?
Warm Regards,
DS
CB Says:
October 22nd, 2012
Posted at: 7:45 am
Hi suzane, Asian markets have opened higher.as of now markets may open flat
Hi adr3, its a hold with sl at 5630
Hi DS, tata chem has resistance at 330 levels. will do well once crosses it. m&m if holds onto 818 can see 840 again
CB Says:
October 22nd, 2012
Posted at: 7:46 am
Hi DS, not sure of LT yet. gold is going strong. 1100 anytime soon seems a bit unlikely
wajeed Says:
October 22nd, 2012
Posted at: 8:07 am
Hi CB good morning as we expect our markets will open flat no gap up opening thats a good news as of now we can expect bounce today thanks.
CB Says:
October 22nd, 2012
Posted at: 8:16 am
Hi wajeed, Good morning. yes. seems may open flat as Asian markets are not really reacting to Dow's weakness. on the upside could test 5720 if global markets remain positive