Quotes with Resistance & Support
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Intraday calls for 23-10-12

Posted on: October 23rd, 2012 at 8:29 am

Markets likely to open flat. Support for nifty is at 5630 and resistance at 5750.

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508 Responses

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  1. aabha Says:
    October 24th, 2012
    Posted at: 5:54 pm

  2. wajeed Says:
    October 24th, 2012
    Posted at: 6:04 pm

    Hi CB/Karthik,Komid and and all the users of nseguide, a very happy dusshera.


  3. CB Says:
    October 24th, 2012
    Posted at: 6:18 pm

    Hi cerulean, :) quite a bit of data to be out today

    Hi aabha, Wish you the same. .Happy Dusshera

    Hi wajeed, Wish you the same. .Happy Dusshera


  4. cerulean Says:
    October 24th, 2012
    Posted at: 6:22 pm

    Hi CB, yes ... also ECB Governor Draghi Speaks at 12:00 EUR... Be careful !! I've entered at 4704 .. sl will be 4670.. Hi aabha, WISH YOU THE SAME ! ENJOY with your dear family and friends!!!


  5. komsid Says:
    October 24th, 2012
    Posted at: 6:38 pm

    Hi wajeed, wish u the same, happy dusshera.
    Hi Aabha / cerulean , a very happy dusshera.
    Hi CB, looking at the nifty chart with bolinger bands, its contraction of the bands, so next is expansion, but which direction will nifty move... pls advise if any info on this.


  6. CB Says:
    October 24th, 2012
    Posted at: 6:46 pm

    Hi cerulean, ok. lets hope for the best

    Hi komsid, ok. i shall search for it and let you know.


  7. komsid Says:
    October 24th, 2012
    Posted at: 6:56 pm

    Tks CB, your charts are so good, they keep on giving newer ideas, and we keep troubling you and kartik, checked the net, but didnt find much, nifty in very tight range - 5640~5720 for the last few days, the bottom is rising slightly but the top maintaining nearly same level, that's why the curiosity.


  8. CB Says:
    October 24th, 2012
    Posted at: 7:16 pm

    Hi komsid, no issues. you are always welcome. yes. nifty needs to break the 5630-5750 zone.


  9. CP Says:
    October 24th, 2012
    Posted at: 7:22 pm

    Hi CB, Thanks. how can i hedge loss in portfolio? should i go for buying PE?any suggestion.


  10. CP Says:
    October 24th, 2012
    Posted at: 7:23 pm

    Hi nv, Thanks...


  11. cerulean Says:
    October 24th, 2012
    Posted at: 7:36 pm

    Hi CB,:}Thank you.. I have removed the sl..Instead will hedge and hold ,if required ..


  12. cerulean Says:
    October 24th, 2012
    Posted at: 7:38 pm

    Hi komsid, Thanks , Wish you the same !


  13. H A M Says:
    October 24th, 2012
    Posted at: 7:40 pm

    Hi NH, Y'r always most welcome!!

    Hi wajeed, Just now saw ur post.
    Yes, EU & Dow markets after falling nearly 3-4% since Friday, a small pull-back of 0.3-0.5% occurred, it doesn't mean they were recovering from lows and Spanish recession is also bad news for their markets too.
    To initiate long positions, our nifty shall cross either 5800 or shall fall below 5600/5550, it's best to wait and watch the trend meanwhile in between this zone.
    But our SGX nifty is -12 as of now and am expecting Oct F&O to end below 5700.Let's C how Asian markets opens tomorrow...
    ==>> IMO.


  14. komsid Says:
    October 24th, 2012
    Posted at: 7:55 pm

    hi HAM, a very happy dusshera.


  15. Sohan Says:
    October 24th, 2012
    Posted at: 7:59 pm

    Hello CB / Kartik / Kb / Robot / Human / Gitanjali / Aabha / Imran / SR / SM,

    Happy Dasara and Good Evening,

    Flattish but positive open in US.

    House sales have gone up in US

    Sohan


  16. suresh Says:
    October 24th, 2012
    Posted at: 7:59 pm

    hi cb, can i enter in to tilaknagar cmp?please suggest

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