Quotes with Resistance & Support
Market Information

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

    and all this after europe opens in green....what a pity...


  2. Sunil Rao Says:
    September 23rd, 2011
    Posted at: 12:52 pm

    Hi rahul, LOL


  3. CB Says:
    September 23rd, 2011
    Posted at: 12:52 pm

    Hi palanivel, not sure yet. nifty has been volatile today.


  4. Mahe Says:
    September 23rd, 2011
    Posted at: 12:52 pm

    Hi palanivel,

    Europe now turned back and pared all the gains now trading almost flat.
    FTSE +6
    CAC +4
    DAX +26


  5. rahul Says:
    September 23rd, 2011
    Posted at: 12:54 pm

    CB sir, please advice.....holding everon at its best price of last week... 252..... it seems weak today...should i exit or wait for the 528 rate at which promoters are going to buy back the shares/....


  6. palanivel Says:
    September 23rd, 2011
    Posted at: 12:54 pm

    HI RAHUL GOOD EXAMPLE.


  7. rahul Says:
    September 23rd, 2011
    Posted at: 12:56 pm

    Hi palanivel,

    thanku:-)


  8. venkat Says:
    September 23rd, 2011
    Posted at: 12:56 pm

    hello sunil rao i think Monday will open gap up so u give any call btst


  9. tuff money Says:
    September 23rd, 2011
    Posted at: 12:56 pm

    Hi CB,

    since euro has given up gap up open... can we re enter puts?


  10. CB Says:
    September 23rd, 2011
    Posted at: 12:58 pm

    Hi rahul, hold it for now there is some positive news flow on it. : http://nseguide.com/market-news/everonn-education-hits-roof-on-varkeys-open-offer/

    Hi tuff money, not yet. wait for some time. possible see a small bounce.


  11. cvrprakash Says:
    September 23rd, 2011
    Posted at: 12:58 pm

    CB,

    Your View on PetroNet.
    I shorted that @ 165 and failed to cover....@ low.
    Now its again showing strength... Can I wait or cover with No loss no gain?


  12. Sunil Rao Says:
    September 23rd, 2011
    Posted at: 12:58 pm

    Unless Nifty is able to break above 4928 or below 4818, we are likely to see a volatile trading session with a flat close near 4870-75 levels


  13. CB Says:
    September 23rd, 2011
    Posted at: 12:59 pm

    Hi cvrprakash, yes. exit cost to cost for now.


  14. CB Says:
    September 23rd, 2011
    Posted at: 1:01 pm

    ill be back in 30 min.


  15. Mahe Says:
    September 23rd, 2011
    Posted at: 1:01 pm

    Hi Sunil Rao & CB, Europe now into Red ..

    Can we expect nifty going down again?


  16. Kb Says:
    September 23rd, 2011
    Posted at: 1:02 pm

    Hi Sunil Rao, i agree. ..........

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