Intraday calls for 19-10-12
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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SM Says:
October 20th, 2012
Posted at: 10:25 pm
Hi CB, GE bro :)
Hi ARJUN, Hope the above info helps :)
ARJUN Says:
October 20th, 2012
Posted at: 11:22 pm
THANKS SM WILL KEEP THAT IN MIND...
CB Says:
October 20th, 2012
Posted at: 11:30 pm
Hi SM, Good evening. thanks for the detailed explanation.
aabha Says:
October 20th, 2012
Posted at: 11:33 pm
Hi CB, GE Sirjee.... how have u been? How do you see nifty opening on Monday? Global cues seem very negative, but better than expected results of TCS and probably LT can pull up the markets.... what do you see?
aabha Says:
October 20th, 2012
Posted at: 11:34 pm
Hi SM, GE sir...hope you are having a good weekend!
CB Says:
October 20th, 2012
Posted at: 11:37 pm
Hi aabha, Good evening. going good. hope all is well on your side too. seems may open lower.. lets see. SGX nifty is down around 50 points.
sdkbest Says:
October 20th, 2012
Posted at: 11:44 pm
Hi All
Pl refer my quote @ 1:06 pm
Don't confuse other markets with NSE. Many times we have seen nifty behaved in odd way with other markets. Thousands of times we have seen when Dow Jones was in green and NSE was in red and vice versa. At any point, there hundreds of reasons for stock market to fall. similarly there are hundred other reasons for stock market to rise. However the price itself is a reflection of those news. Hence follow technical analysis with stop loss so as to ride any trend. Do not doubt technical analysis.
SM Says:
October 20th, 2012
Posted at: 11:45 pm
Hi CB, you are welcome bro :)
Hi ARJUN, you are welcome :)
Hi aabha, GE and yes. Hope you are too. Chennai is a cool place. When do you plan to settle there? I was in Nungambakkam area few years back. Was there for 7-8 months. Had a great time. Ventured out to Puducherry via the ECR during the weekends. I am sure you will have a great time staying in Chennai. BTW, don't forget to log into Nseguide :)
aabha Says:
October 20th, 2012
Posted at: 11:49 pm
Hi sdkbest, i agree...totally...what do the charts suggest...i think frm friday's behaviour, Nifty trying to give a bounce frm 5680 levels. what do u think?
Hi CB, Thank u sir...do u suggest selling or buying nifty at opening?
sdkbest Says:
October 20th, 2012
Posted at: 11:53 pm
Hi aabha,
It seems from chart 5630 is very crucial support for nifty, if broken we may even see 5200 again.
cerulean Says:
October 20th, 2012
Posted at: 11:54 pm
Hi CB,GE hope u had good time Hi SM,GE, Thanks for the beautiful explanation.
Shall be placing a couple of links ,which i found interesting ..kindly approve ..if you do find them fit ..
SM Says:
October 20th, 2012
Posted at: 11:56 pm
Hi cerulean, GE. Still awake? :}
CB Says:
October 20th, 2012
Posted at: 11:58 pm
Hi sdkbest, thanks for sharing
Hi aabha, no, not really sure yet. lets see how TCS reacts after results. if nifty trades below 5630 for few min, then could test 5580
Hi cerulean, yes, hope you too.
aabha Says:
October 21st, 2012
Posted at: 12:00 am
Hi SM, Shifting is still not confirmed...i am looking forward to it. bt all depends on my hubby's promotion details. If raise is less than the increase in expenses then v might not relocate. Actually v both are born n brought up in Pune...both parents still here in pune....And v have a good property...so shifting wasn't planned. bt whn promotion was offered wth change o location, i was happy as new place means a kinda freedom...and also freshness in life! Sometimes leaving secure surroundings is necessary to realise our own potential! lets c...will come to know his final decision by nxt weekend.
aabha Says:
October 21st, 2012
Posted at: 12:01 am
Hi sdkbest, 5200...god...i hope that doesn't happen.
NH Says:
October 21st, 2012
Posted at: 12:03 am
All - Pls go to sleep. GN.