Quotes with Resistance & Support
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Intraday calls for 23-09-11

Posted on: September 23rd, 2011 at 8:26 am

Markets likely to open lower, next support at 4830

Buy Rallis India around 173, Target: 180, SL 169
(Trade in small quantity)

11.03am – buy 4800 pe at 65, target: 80. Stoploss: 4900 – (book profit in nifty 4800 pe at 80)

12.31pm – Buy Reliance capital fut at 403, target: 412. stoploss: 395

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461 Responses

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  1. Mahe Says:
    September 23rd, 2011
    Posted at: 12:42 pm

    Hi CB, Hmm good to hear that it will touch 1120 bit relaxed now..


  2. CB Says:
    September 23rd, 2011
    Posted at: 12:43 pm

    Hi KK, no, not yet

    Hi Mahe, :)


  3. bapaan Says:
    September 23rd, 2011
    Posted at: 12:45 pm

    OK I HAVE UNITY INFRA @ 69 & VASCON @ 98 CAN I AVERAGE IT


  4. sonia Says:
    September 23rd, 2011
    Posted at: 12:45 pm

    hi cb, bought 4900 ce @71. pls advise


  5. CB Says:
    September 23rd, 2011
    Posted at: 12:46 pm

    Hi bapaan, not yet. wait for some more time to avg these

    Hi sonia, ok. hold it with sl at 4850 for now. possible see some bounce


  6. Mahe Says:
    September 23rd, 2011
    Posted at: 12:46 pm

    Hi CB, Today market is very volatile, especially axisbank touched 1100 thrice and came down to 1090 need to keep a close watch i guess.


  7. CB Says:
    September 23rd, 2011
    Posted at: 12:46 pm

    Hi Mahe, yes. nifty has been volatile today. lets see how it goes from here.


  8. sonia Says:
    September 23rd, 2011
    Posted at: 12:47 pm

    thanks cb


  9. cvrprakash Says:
    September 23rd, 2011
    Posted at: 12:47 pm

    CB,

    Long in ICICI Bank... Can I buy a PA to hedge or wait?
    Or Can I buy Nifty PA keeping 4910 as SL?


  10. pradeep Says:
    September 23rd, 2011
    Posted at: 12:47 pm

    CB, having a short position in Reliance Capital @ 404. Should exit as per ur recent call?


  11. CB Says:
    September 23rd, 2011
    Posted at: 12:48 pm

    Hi sonia, most welcome

    Hi pradeep, ok. hold with sl at 407 for now

    Hi cvrprakash, i8t has good support at 850. dont enter a pe yet.


  12. palanivel Says:
    September 23rd, 2011
    Posted at: 12:48 pm

    HI CB SIR,EUROPEAN MARKETS OPEN IN, FTSE+50, CAC+38, DAX+60.ANY TURN INDIAN MARKET?


  13. CB Says:
    September 23rd, 2011
    Posted at: 12:49 pm

    Hi palanivel, yes. they are witnessing some selling pressure on rise. as of now seems nifty may close a bit flat


  14. rahul Says:
    September 23rd, 2011
    Posted at: 12:50 pm

    4914 came like a lollypop to a crying child and then snatched away the moment the child stopped crying.....


  15. CB Says:
    September 23rd, 2011
    Posted at: 12:50 pm

    Hi rahul, yes. very true


  16. palanivel Says:
    September 23rd, 2011
    Posted at: 12:51 pm

    Thanks CB SIR.NOT TURN GREEN INDIAN MARKET.CLOSING FLAT LEVEL SIR.

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