Quotes with Resistance & Support
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Intraday calls for 20-09-12

Posted on: September 20th, 2012 at 8:16 am

Markets likely to open flat, support for Nifty at 5580, resistance at 5630

Buy Tech Mahindra around 900, Target: 920, SL 888
(trade in small quantity)

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585 Responses

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Comment pages: 293031323334353637Show all

  1. Akash Says:
    September 20th, 2012
    Posted at: 4:01 pm

    Hi CB, Ok. Or we shud buy some PE to cover all losses?


  2. SMK Says:
    September 20th, 2012
    Posted at: 4:07 pm

    Thanks CB sir for your advise. You mean that it will be around 920+ in a day or two


  3. Anita Says:
    September 20th, 2012
    Posted at: 4:14 pm

    Sir, shorted TCS fut sept series @1322. What should be my stoploss and expected profit in this pls advise. Thanks


  4. SaiPalanivel Says:
    September 20th, 2012
    Posted at: 4:17 pm

    CB SIR,NIFTY 5600CE OCT 1LOT,SEPT 5500 PE 1 LOT HOLDING,NIFTY CAN TEST 5500 TOMORROW? MORE PROFIT BOOKING EXPECT ON MARKET. TODAY 50/60 POINTS DOWN ITS PROFIT BOOKING OR TECH CORRECTION YOUR VIEW CB SIR.


  5. CB Says:
    September 20th, 2012
    Posted at: 4:19 pm

    Hi p.banerjee, sure, lets hope for the best

    Hi JAI, yes, shall hold for 2-3 days. can test 288-290 again

    Hi RT, yes, technically does look good

    Hi Akash, can hedge with a 5500pe

    Hi SMK, yes, likely to

    Hi Anita, ok. hold with sl near 1340. if markets turn weak, can test 1290-1300


  6. CB Says:
    September 20th, 2012
    Posted at: 4:20 pm

    Hi SaiPalanivel, pe is a hold for now. below 5550 can test 5520. as of now seems may open a bit lower.


  7. SaiPalanivel Says:
    September 20th, 2012
    Posted at: 4:24 pm

    HI Akash,GE.ITS FESTIVAL MOVE ON MARKET TRADE WITH STOP LOSS.SOME EXPECTS NEAR DIWALI MARKET CAN TEST 5800/6000.BUT NIFTY CLOSING AT LEAST 3 DAYS CONTINUE 5650 CLOSING LEVEL.ITS A MOVING CORRECTLY.BUT FEW PROFIT BOOKING 100/150 POINTS CAN EXPECT. I THINK 5500 STRONG SUPPORT ITS MY VIEW.


  8. abs Says:
    September 20th, 2012
    Posted at: 4:25 pm

    sir..ilandfs engg is @ 63..wht to do? bought @ 65


  9. RT Says:
    September 20th, 2012
    Posted at: 4:30 pm

    Hi RT, shall i add more at current level


  10. Akash Says:
    September 20th, 2012
    Posted at: 4:37 pm

    Hi CB, Shud I sell 1100 CE Axis bank and buy Nifty 5500 PE for target 150+ in 2-3 days? I had 5 Lots in the morning which I sold and bought Axis bank CE. Now I am in loss in AXBnk CE so may be able to buy hardly 2 lots of Nifty 5500 PE :( So until it see 150+ target, I will not make any profit.. at least the one which I need immediately//


  11. RT Says:
    September 20th, 2012
    Posted at: 4:37 pm

    Hi CB, shall i add more at current level


  12. paramveer Says:
    September 20th, 2012
    Posted at: 4:41 pm

    as u said it will reach to 127 level ( power grid ) but sorry i dont follow your 116 stop loss


  13. Ashwani Gujral Says:
    September 20th, 2012
    Posted at: 4:47 pm

    Guys short IDFC fut 2maro may give profit, charts shows some weakness tgt 135.


  14. CB Says:
    September 20th, 2012
    Posted at: 4:49 pm

    Hi abs, hold for short term. can see 72

    Hi RT, no, don't add more of it yet

    Hi Akash, no, hold it for now

    Hi paramveer, thats fine. can hold it. hedge with a 110pe.


  15. sanzy Says:
    September 20th, 2012
    Posted at: 5:05 pm

    hi CB,

    pls tell me levels for ICICI for tomorrow..


  16. PRASHANT Says:
    September 20th, 2012
    Posted at: 5:08 pm

    hi sir, IFCI is now at 31... hold now also put of 27.5 as u told yesterday to hold it...

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