Intraday calls for 21-10-11
Markets likely to open flat, support at 5000 and resistance at 5170
Sell Maruti Suzuki around 1085, Target: 1065, SL 1100
SMS Alerts, no more page refreshes required
360 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
CA.Tejas Says:
October 21st, 2011
Posted at: 4:46 pm
Hi CB,
Today I asked Q on Hindustaan Copper whether to enter or not....
I have seen chart in that 7 days miving avf=g cuts 14 days moving avg cuts from below which indicates it will go up.....
however Kartik has told me not to enter as it looks weak below 220...
So my Q is how we can see it looks weak....???
This Q is just for my understanding... I would Like to understand the chart analysis...
Kindly reply for above...
SAI Says:
October 21st, 2011
Posted at: 4:50 pm
Hi Kartik thanks but made loss in infy. bye thanks for the NG for the support for the week.
Happy holidays.
CB Says:
October 21st, 2011
Posted at: 4:57 pm
Hi richa, its near resistance levels. possible test 374-375
Hi raj, did see some selling pressure. would advice to hedge with a 1300 put for now.
Hi CA.Tejas, it has resistance at 220-222 levels. once manages to cross it, will do well
Hi SAI, oh ok.. have a good weekend.
Balu Says:
October 21st, 2011
Posted at: 5:06 pm
Hi CB, Bought LIC at 212, Target and SL for 2 to 3 days ?
raj Says:
October 21st, 2011
Posted at: 5:22 pm
CB why LNT is underperforming since last 2 months, came down from 1700 to 1300? Also ur view on JP holding @ 69.95 + nifty @ 5070...
CA.Tejas Says:
October 21st, 2011
Posted at: 5:51 pm
Hi CB, Sorry for 2 more Q....
1. After yr reply for above I have seen ressitance for today on our site... n there it was shown ressitance as 221... So r u referring to the same....
2. In this case, chart of 7 days cuts 14 days from below... dat means it will go up but it has to break ressitance right??
3. Last which days moving avg to be considered for analysis.... eg 7 & 14.... which I refer.... what u refer kindly tell....
Thanks for your support.....
CB Says:
October 21st, 2011
Posted at: 6:18 pm
Hi Balu, good support near 210. hold it. can expect some bounce from here.
Hi raj, yes, technically does look weak. jp has strong support at 68. can expect some bounce if holds onto it.
Hi CA.Tejas, yes. that is correct..
CA.Tejas Says:
October 21st, 2011
Posted at: 6:22 pm
Hi CB, Yes..... Thanks a lot for your prompt replies to silly queries....
Kindly reply for my last query no.3 i.e on which moving avg to be considered to review the chart 7 & 14 days which I see or else.....
wajeed Says:
October 21st, 2011
Posted at: 6:27 pm
Hi CB, asking once again about moser baer at wht price should i exit next week as im holding huge [email protected] pls suggest the price to exit and book profits thanks.
CB Says:
October 21st, 2011
Posted at: 7:19 pm
Hi CA.Tejas, always welcome. go with 28ma and 15ma..
Hi wajeed, its looking good. can test 29-30. hold for now.
Das Says:
October 21st, 2011
Posted at: 7:41 pm
i have SBI 2000CE bought @16.25. Pl advise.
ranjan Says:
October 21st, 2011
Posted at: 8:15 pm
mkt will go gapup on monday. nifty will touch 5170 or 5195?
deepak Says:
October 21st, 2011
Posted at: 8:48 pm
hey cb / kartik, what happened? charts didnt get updated today ?
dilip Says:
October 21st, 2011
Posted at: 9:06 pm
hi cb charts didntr get updated pls update the charts
nv Says:
October 21st, 2011
Posted at: 9:15 pm
CB, I have bought Renuka Sugars @ 55.40 .....What stop loss should I have ?
I feel once markets settle down ...and it crosses 58 ...it can do well considering the fundamentals .
Is it a good pick ?
Kartik Says:
October 21st, 2011
Posted at: 10:09 pm
Hi Das, hold it for 1-2 days with a Sl at 1930
Hi deepak & dilip, please try now
Hi ranjan, cant be sure yet, shall have to wait to see how Asian ques react
Hi nv, faces sttrong support around 54-55, hold it for 1-2 days with a SL at 53.50