Gd mrng CB sir. Global indicies are not so much strng. Can go for 5700pe nov exp.

hai cb garden silk milk target today.

Hi CB/ Kartik, What to do with Unitech 30 CE. I am not sure if it is zero or 5 paisa.. Adani 260 CE is also jst 10 Paisa.. Will I get some money put of them today?

Hi Akash, they can manage to add some gains today if Markets break 5750, hold them for now

Hi Kartik, Holding LT 1650 call. Shall I exit at opening or hold till noon?

Hi Akash, avoid entring out of money options, they hardly move

Hi Munna, hold it with at trailing SL at 1660

Hi R.NAGARAJ, it looks strong with the Markets, hold it with a SL at 5750 on Nifty

Hi Kartik, Good Morning Sir your views on indraprashth medical corp for delivery

CB SIR ,

TCS BUYING TWO WEEKS AGO AT 1332 YESTARDAY HINGH 1339 WAIT OR SELLING TODAY SUPPORT RESITANCE TARGET

VERY VERY THANKS
TWO DAYS BACK GIVE CALL IN LT 40 RUPEES PROFIT IN F&O

Hi Akash, avoid doing so, they can be risky to trade with

Hi CP, has been trading in narrow range for the past few days, can give a breakout above 36

Hi Munna, around 1690-1700

Hi kris, GM, both of them look strong technically, try to exit the PE's on any dips today

hi Kartik, bought 5800 PE @ 95. can i hold or exit ?

Hi chait, can see 448

Hi shri, hold with a SL at 5750

Hi Akash, they look strong with the Markets as they are more of Market movers

Hi Karan Sharma, hold Idea with a SL at 82, try book profits in PTC Today, 68 acts as its strong support and could give a bounceif Markets trade strong

Hi chait, most welcome

Hi rahul, JP Power looks good for a target of 44

Hi Kartik, plz get me strongest support or stoploss for AUTO INDUSTRIES anf RAJESH EXPORTS

hi GM..can i enter in hdfc 760 call?

i'll be back in 30 mins ******************************

Hi Kartik, Thanks. Booked profit in LT call @ 40. Bought ALBK @ 142.5. Pls advose sl and tgt..

Goooood Morning All.... Happy Trading to all of you!

Hi Aabha how r u can i know your today's strategy

Hi kb trader, Good Morning! :-)
How do you see nifty today? Can enter any call?

Hi bullguy, nothing planned yet...today being second last day of this expiry, nifty can be volatile...

Hi Aabha, Good Morning :) .. likely to see some buying, i guess.

go long in sbi @2060..

Hi kb trader, how is jindal steel for short term?

Hi bullguy, sorry dear. i am not sure...Consult CB sir before entering any option today...

Hi Aabha, safe to enter near 5670, with stop 5630, not sure about another dip to that levels. we got a good candle yesterday. looks good.

Hi CB, Can I buy ALBK for 1 week tgt of 150?

Hi CB, Gooooood morning .. whts up??

Hi kb trader, nm. going fine..

Hi CB, Goood Morning! :-)
Buy on nifty? And what can be the target for DLF and LT?

Hi CB, Thanks. Which is good to enter sor 10 days?

ALBK or JPPOWER

Hi CB, Good morning... today balaji tele filims target ple... i brought @ 57....ple.....

Hi CB, How is jindal steel for short term?.. n target plz??

cb.................GUDMORNIN.............Can we buy HDFC 640 CALL for current series for intraday? Can it see levels close to 640?
plz reply

Hi Aabha, good morning. no, not sure yet. dlf is a short term play. support near 200. LT can see 1720

Hi Munna, go with jp power for now. looks better

Hi cerulean, :) nice to hear that

Hi satya, Good morning. can test 54. 20 today. hold for few days. looks good

Hi rahul, looks a bit weak as of now. dont enter it yet.

have bought vadilal industries 500 quantity at 275 now it has come down shall i sell it or hold it...

Gdmrning Sir, whats ur view on voltas for today?

Hi CB, Not enough marging to buy futures.

Out of JPASSOCIAT and ALBK which is good for 10 days?

facing network issues.... @aabha: might touch 209.9... wait for some more time, if stays above 207.9.. thn can buy

Hi CB, :} Have a nice day ! all the very best , to everyone here .

Hi cerulean,
Did a search on PWO trading in google
Thanks got it :)

Hi CB,
which level one can enter axisbank for shorterm.

Hi sandeep, Good morning. no, avoid calls for this series now

Hi Aravind, can add on dips near 1180

OkThanks CB

Hi CB, Can I continue to hold Adani and unitech CE or exit? I am not able to see any sell price for Unitech and for Adani it is jst 10 paisa :( Wht to do?

Hi Akash, guess will need to book loss here unless adani ent shows an unexpected upmove today or on Tuesday

Hi 0champ0, can see 755

Hi CB, Thanks...cud you pls hv a look on Guj flurochemical and suggest.

Hi CBji,
OK.. Thank you

Hi Fathima K, no, dont see any news on it. volumes are very low

Hi SS, looks a bit weak. don't enter yet

Hi Sandip, Good morning

Hi 0champ0, most welcome.

Hi cerulean, most welcome.

Hi CB, Lupin expecting results today?

Hi CB, could you please give me intraday target for talwalkars.

Hi CB, thank you sir

Hi CB, if LT does touch 1720 and lupin gives good results too we can see nifty going up...do you suggest entering a ce on dips now?

Hi CB, thank u CB sir for jk lakshmi....

Hi satya, most welcome.

Hi CB, can i enter valecha engg for short term? tgt please?

Hi D3@dY, can add few above 62

Hi Akash, yes, hopefully will recover next series

Hi R.D., Good morning. going fine. hope you too

Hi CB , What is the target of LT for today

Hi CB, ok sir...but it has already rallied so much...LT ce both oct and nov series is up by 36% a compared to yesterday's close...

would you suggest any other stock , for Options?

Hi imran khan, Good Morning! :-)

Hi priyanka ,neelima , and every one here ,Happy trading !

NIFTY TOUCH 5694 AT 10;37HRS. TODAY

Hi RAMA, astrology?

Hi imran khan, frankly i am not sure yet....

Hi, CB/Kartik

I have SHORT SBI Oct Fut 1 lot @ 2248. Pls give ur viwe on it. should I hold or exit ?

Hi Aabha, Hi 0champ0, Thanks :) i wil check it out now

hi
can any body tell me
abt intraday tgt
for TCS
TATA MOTOR
TATA STEEL

Hi RAMA, 5712 and it is already 10.38...:-)

Hi Aabha,
Oh OK
But that we can do here itself :)

Hi kb trader, whats your view on nifty?

Hi 0champ0, yes, your right here more people to discuss.

Hi SaiPalanivel, Good morning

Hi cerulean, no problem :)

Hi PRAVIN, 1319pp......r1....1334...Tata steel 407 pp......... res 411/414

Can we go long in Nov Nifty Futures ?

Hi imran khan, same.. can enter on dips

Hi PRAVIN, pivot point

Hi Aabha, @ 45.

Hi cerulean, cool :)

Hi imran khan, oh...that's near day's high..I don't know whether to go long or short yet..

Hi Aabha, yes, i brought it yesterday itself while market close time, still holding it.

Hi imran khan, oh ok...Looks like europe set for higher opening...

Hi PRAVIN, its pivot point and resistance 1

Hi nv, no, not really sure

Hi imran khan, still holding. CB sir has given a target of 1720..will hold till that.

Hi Aabha, cool :)

any other trades scalping?

goodmorning cb, i bought YES BANK @ 387 today. whats its target for today?

Hi imran khan, hmm..

Hi Aabha, might see minor correction of 20-30 points.. but likely to see good buying there after.

Hi VS, yes. has some resistance near 400

Hi PRAVIN, most welcome.

Hi PRAVIN, these are good short term bets. continue to hold onto them. don't add more stocks as of now.

HI CB,

Any good stocks in Infrastructure stocks for long term. and what your view on Parabolic Drugs share for short term

Hi Aabha, no. i wont give a sell call. risky.

cb sir, what about GODREJ IND, I AM IN HOLDING @ 297.

Hi CB, hi cb...
can i enter heromotocorp 1800 ce now...?

Hi CB, holding hdfc 760ce oct series.should i hold till exp or sell

Hi Subin, its a hold with sl at 738

Hi CB, Shall I go long on Apollo Tyre(Nov Series)

kb trader , still i am holding your call for Nifty 5800CE nov. what is Stoploss.

Hi Naren, same levels.

Hello Guru, Can I still hold Andhra bank at 110 and Philips Carbon Black at 114.50.

Hi imran khan, still holding your pe?

SELL sesagoa at current price

Hi imran khan, nifty is testing my patience now...

Hi imran khan, but i think you are right, it is showing a small negative bias...think i should buy a put too...

Hi Aabha, yes, what i am feeling nifty will come down lets see

Hi bullguy, haven't bought yet...still thinknig.

CB, wanted to know about Manipal Industries ltd. Some shares were taken by my grandfather in 1995, but not sure whether the company is still there or not. Can you let me know on this?

Buy Indiabulls Real Estate @63, tgt1: 68, tgt2: 71

short term call.

visit: http://questninvest.blogspot.in/

Hi Aabha i booked profit on 5800 pe thrice each 5 rs premium

Hi Hiren, short term tgt36

Hi Aabha, send a mail. please check that. :)

Hi imran khan, 5630. safe entry is near 5670. we got good base around that levels.

Hi kb trader, replied...:-)

Hi kb trader, GA .... 5700 put.... can i hold or exit...

Hi kb trader, :) i will enter once nifty comes down near 5680, now holding put 5600

any one can give me target cebbco and bgr

haha :) nice 1 Aabha

Hi imran khan, i will exit puts today itself around 5680 then i will see to buy calls

Hi imran khan, that a fall of another 12 points from todays low...you expecting that?

any idea when sterlite results are coming out?

Hi Imrankhan how r u why would you like to buy calls can you tell me the reason i am having puts in profit now

Hi adani ent 226,

one of my post in spam abt nifty future level calls in spam . approve it

Hi H A M, GA. Both my Unitech 30 CE and Adani 260 CE became zero. Last month also Exide CE got expired with zero value. Pls advise me what can I buy for next month. Can I buy Nifty 6200 CE, HDFC 800 CE, Exide 170 CE, KTKBank 150or 160 CE and Axis bank 1400 CE? Pls help me sir I really need to cover some loss soon...

HI H A M,GA.whats your suggest buy nifty CE or PE? why last few cannot come online?

Hi SaiPalanivel, Hello, how r u? Yes, was busy with my business work, hence, could,'t able to come on-line. Now I suggest to wait for a while, if breaks 5650, then u can buy puts, till then have some patience.

Hi H A M, hello sirjee...Long time no c! How have you been?

Hi SaiPalanivel, i will wait till end of the day and then i will exit the puts and buy then calls

HI imran khan, GA.NIFTY FACING 5670 GOOD SUPPORT LVL.ITS MY VIEW.

Hi H A M, Thanks. What shud I do now but? I am trying to arrange some money. Most probably through loan but I have to be very careful while using that amount in market as in past also I lost more than 1.5 lakhs of Loan in market.... By the way, if at all I want to buy some Options, KTKBank 160 or 170 CE, HDFC 800 CE and Axis bank 1350 CE is good to get 4-5 times return at least?

Hi Raj Gupta, Never trade options this close to expiry (i mean buys/longs). Exit on rise.

Hi Mahender, Yes,

"Shall not trade in current month options at any cost after 15/18th of every month."

hi
is the market in correction mode
can we see 5500 in short

Hi PRAVIN, not sure of 5500 yet. could test 5630

Hi Akash, yes, keep it at 5. hopefully will go thru

Hi CB Sir, I am holding 5700CE not PE..so SL of 5700????
Plzz CB sir suggest...buying price is 25 and CMP is 18

Hi CB, Hello sir, Good afternoon. How r u?

Hi imran khan, Hello Imran Bhai. I am fine and hope the same from u too. Thank u for asking Bro.
Am expecting it to break 5650/5600 level but not very sure of today, shall need to wait for some more time and let's see...

Hi PRAVIN, Yes, market is in correction mode immediately after touching 5810, now it's continuing but if breaks 5640/20, then it may fall further to lower levels of 5550. Let's wait and see.

Hi Mahender, Brother, please, please, dont enter in such scripts like Amtek, Glodynn and Micro crap scripts, these will take ur financial condition to lower levels if u do invest in them as they were totally in down-trend., if u don't believe, ask CB once.

Hi Raj Gupta, ok. hold with sl near days low of 5680.

Hi Aabha, no. in coming days if global markets remain weak

Hi Raj Gupta, hold bro

Hi CB, Ok. For Nov, can I buy one of them:

KTK Bank 160 CE
Exide 160 CE
L&T 1850 CE
HDFC 800 CE

Pls advise. Which one can give max profit.

hi CB

JPAssociates and Axis Bank levels for today..
i am long

Hi CB..SHOULD I HOLD HDFC 760 CALL OCT SERIES NOW OR SELL

Hi sanzy, jp can test 95.50 if markets bounce back. axis may remain a bit flat

Hi Raj Gupta, ok. lets hope for the best

Hi CB, one doubt. out standing number of shares is what?

chek > cap structure >> http://www.moneycontrol.com/financials/itc/capital-structure/ITC#ITC

also >> share holding pattern >> http://www.moneycontrol.com/company-facts/itc/shareholding-pattern/ITC#ITC

both are almost same. but which one??

Hi CB,

Can i buy Renuka (Futures) @ CMP?

Hi Karan Sharma, no, not yet.

Hi ss, most welcome.

Hi imran khan, exited you puts?

HI CB ..my query pls..

Hi Aabha, no

Hi CB, hi cb.....i bought sbi 2250 pe at 25.65/-

Hi satya, does look a bit weak below 119. hold for now.

Hi archanareddy, ok. hold it. can see 2220

Hi CB, will it back in positive soon?

Hi Aabha, i am holding 5700 put.... oct... u r put hold or exit mam.....

dear cb,
holding gail @367 .what to do now should book loss or exit at cmp ,is it going further down.

Hi H A M,

Thanks HAM :)

Hello CB,

Holding 5700put as global mkts are not doing good..shall i hold or exit today?

hi being human now bought 6000ce @16 5400 pe bought @15 selling rate for any other side 40 is it possible? please suggest me?

HI HAM / KB TRADER, BOT EXIDE @ 141.5/- FOR INTRADAY, ITS DOWN TO 140.6/- NOW. PLS GUIDE WHETHER TO BOOK LOSSES OR HOLD FOR SELLING ON FRIDAY MORNING ??

Hi pankaj, exit

Hi all, What are the views on SUZLON?

Hi amit, hmm.. guess so.. so we need take bs numbers rite.

Bought 20 lots of 5700 PE Oct. Hold till expiry or exit?

Hello CB Sir, M&M result is coming out on 25th Oct. will it be +ve and will go to 900?

Hi kris, Ham,, I bought this with my scrap capital. Lost 1.8 lacs out of 2.00 lacs.......

Hi kris, you guys are in the money by around 10/- and time value is around 20, and only 2days to go. If nifty does not move much ... 20 will go to zero very very soon like jet.

please exit on rises ... ASAP.

Hi Aabha, depends on global cues. I'll wait for better bet, I don't want to trade in hurry in this volatile markets. It is my view.

Hi Munna, i exit... @ 24.50 it's a big loss ...
:( :(

Bye bye

BOUGHT [email protected] with mid-term time horizon, target around 270+.

HI CB/KARTIK... CAN I BUY ITC CE 290 AT RS 2 ON FRIDAY MORNING FOR TARGET OF 3 AND ABOVE.

Hi UNIYAL, no, dont enter it now. rallied quite a bit.

Hi CB, Thanks.
How about Suzlon, I entered at 15.55. What's ur view?

hi
is any body using ZEROTHA
i want to open a account with it
any idea ?

Hello PRAVIN,

Yes..i am here to help you out..just open zerodha.com

then go for create account-> provide your mail id and you will get password through email and login to update the online application step by step and take print out then sign accordingly.

Just send the application with supporting documents (2 sets of pancard/2 sets of address proof/2 sets of bank statements) all are self attested.. and one cancelled check and one check with demat/trading (700rs ) if yo uwant only trading its ard (500rs)

after one day you will get activation email with id password ..

for more info call 08040402020..they will suggest you very well

Hi Can you RollOver your positons in Option Trade for next month expiery.
Is there any feature to do that in Options?
Im carrying DLF 220 CE in total loss....

Hello PRAVIN,

if you want to go for intraday then go for "Trading account"
If you want to go for equaty/holding for long time then go for "demat/Trading"

Hi H A M, Good evening. sure, as of now in office. shall check shortly

Hi Shravan, no, we cannot roll over options

THANKS HAM

GLOBAL NEWS UPDATES ::

European Shares Lower After Earnings News
European shares traded lower on Tuesday after a steady stream of earnings news delivered mixed messages and Spanish borrowing costs crept higher for its 10-year benchmark bond.
Futures Tumble on More Earnings Weakness
U.S. stock index futures signaled a lower open on Wall Street on Tuesday as disappointing earnings from both Europe and Asia weighed on investor hopes of a global economic recovery.
DuPont set a negative earnings tone, reporting profit that fell short of expectations and announcing 1,500 layoffs in an aggressive cost-cutting move. Shares fell 5.5 percent in premarket trading.
Also, 3M reported earnings that matched estimates of $1.65 a share but revenue was light at $7.5 billion, a recurring theme in this earnings season. Shares fell more than 3 percent premarket.
RadioShack also badly missed estimates due to weak margins in its smartphone business, sending its shares spiraling 20 percent lower.

Mecklai graph: China FDI inflow down 3.8% in Jan-Sept YoY
FDI is an important gauge of the health of the external economy, to which China's vast factory sector is oriented but its contribution to total capital flows is dwarfed by exports, which were worth about $1.9 trillion in 2011. China's foreign direct investment inflows fell 3.8 percent in the first nine months of 2012 from a year ago, extending the longest run of declines since the dark depths of the global financial crisis as stiff economic headwinds dent corporate spending plans. This was the fourth consecutive monthly drop of the country's FDI inflow. Now, the commerce ministry aims to attract an average of $120 billion in each of the next four years. It is roughly on course to hit the target in 2012. Can we expect some change of sentiments after US elections?

Yen to fall up to 10% versus dollar in near-term: Chart
The yen hit a three-month low against the dollar and a five-month trough versus the euro on Tuesday, pressured by expectations that the Bank of Japan will further loosen monetary conditions to help the export-reliant economy face a global slowdown and is leaning toward easing monetary policy again at its October 30 policy meeting. Yen-selling versus the dollar will probably continue ahead of the BOJ meeting and while the dollar might see a slight pullback afterwards, this trend may persist, Maeba said, adding that the dollar may rise toward 82 yen by year-end.

Gold hits 6-week low as equities weaken, dollar firms
Gold prices fell 1 percent on Tuesday as the dollar firmed against the euro and stock markets fell, with appetite for assets seen as higher risk hurt by a credit downgrade of five Spanish regions and a raft of soft corporate earnings reports.
In India, historically the world's largest bullion consumer, demand picked up as prices dipped ahead of a key festival season that is seen as an auspicious time to buy gold.
Gold-backed exchange-traded funds, which issue securities backed by physical metal, saw inflows on Monday of around 112,223 ounces, with the bulk of inflows moving into New York's SPDR Gold Trust.

Oil slips towards 87.25[near support levels] despite supply risks
Oil eased towards $109 a barrel on Tuesday as investors brushed off Iran's threat to halt exports if the West tightens sanctions and focused on a fragile world economy and its impact on oil demand growth.

Earnings, Spanish downgrades weaken shares, euro
Lackluster corporate earnings and a credit rating downgrade of five Spanish regional governments weakened world shares and the euro on Tuesday, while expectations of stimulus in Japan hurt the yen.

Europe shares hit 1-wk low, some results disappoint
Tuesday's sell-off was across the board, with all the sectors on the STOXX Europe 600 falling. Basic resources shares topped the fallers' list by dropping 1.6 percent, mirroring sharp declines in metals prices that fell on persistent worries about global demand.
"There has been an element of (earnings) disappointment so far as some of the statements remain downbeat given the global economic environment," Henk Potts, equity strategist at Barclays Wealth, said.
"However, any weakness should be used by investors to increase their exposure to an asset class that continues to outperform. We like technology, energy and consumer discretionary sectors." said by Graham Bishop, senior equity strategist at Exane BNP Paribas.

Hi wajeed, Because, it is as expected and btw, People r worried abt red rather than green.
After this correction, when we all buy longs, I will post up-dates in green, till then, am helpless :)

Hi wajeed, BTW, Am basically a BEAR and am good in bear markets but reacting according to the trend now-a-days practically :)

Hi Munna, I misunderstood ur previous post, I thought u were holding 5600 PE, hence mentioned 50% chances. In case, if u were holding 5700 PEs, then it's no problem as this Oct F&O contract is likely to end below 5700. Probably today's global fall is a good for ur puts holdings.

Hi HAM, Nice to see your reply but for me i dont like red i like green always thanks.

Hi All - Good evening.

Hi Rohitc, no, not really sure.

Hi H A M, most welcome

Hi Munna, yes, does seem so. lets see how US markets close.

Hi NH, Good evening.

Hi H A M, Hi H A M, GE,good to hear ur genuine BEAR..ru still holding 5600 PE??

Hi H A M, r u a professional trader ...is trading ur full time occupation ?

Hi Prams, Thank U but am reacting according to the trend now-a-days as our market is up for a big bull-movement in medium-term.
No yaar, I booked 50% profits in my puts on Monday when nifty opened lower and averaged just 20% today again, recovered all of my old INFY strangle loss and goping to be on profit by Monday. Thanks again for asking. :)

Hi nv, No, I don't trade full-time, stock-market will be always my side-business forever. I trade in short-term perspective usually and am against intra-day but does sometimes if am holding any positions.

Hi komsid, Not at all yaar. U r perfectly right. We were just sharing each other's opinions in here and Thanks alot to CB/Kartik for giving us that wonderful opportunity.
But the saddest part is, when I entered into the market in beginning, there were no such websites like NSEGUIDE.com and fortunately we have it today to guide us and none were there at that time to warn or make us educate regarding the risks and benefits in market. We learned all these by ourselves.
It's really our luck to have some very useful websites where we can find many technical charts and god blessed all of us by providing maximum knowledge to new comers/beginners with the help of CB/Kartik. Today we r absolutely lucky to have them and I personally know their importance and their incredible services they were providing. Thank U for sharing good info Bro... No issues. TC

Hi kb trader, GE, sure, shall ask CB to chk

Hi H A M, GE

after all it's expiry day,,, nifty shall have it's own plan..

entered exide @ 141/- today looking for a small bounce. it closed @ 139.4/-, pls guide whether it can give a bounce on friday morning or short term or shall i exit with huge losses ?

Hi CB... Whats future of sterlite industries for a short term?

sir, can u guide me on MVL LTD. it on very lower level. can stock buy ?

Hi Pradeep 1st, Yes, since we are closed tomorrow

Hi pankaj, hold it for 2-3 days with a SL at 137.5, seeing some cosoldation around its support of 135-140

Hi SHREE PROP., can add 4-5 In a 2 months time

Hi amit, below 100 it looks weak, avoid fresh entries in it

Hi pankaj, both MVL and Moserbear look weak, avoid fresh entries in them

Kartik Sir, i dnt know... but for the past 3 weeks its like, whatever i buy, goes down and if i short, it goes up.... where am i lacking??

Hi Prams, If RSI is above 70, its considered to be overbought stock, Axis is more of a Market mover and looks strong above 1200 tough

Hi vinit, would be better if you tried tracking the stock's support/resistance levels before making moves in them, it shall help

Hi Rani, lets wait to see how GLobal ques manage to react tomorrow

Sir, m not into my own analysis... have been following broker's calls lately, approx 4 calls comes, the 1 I choose fails, in between tried the calls here, sl was triggered..... i was thinking of getting full time into markets, analysis and all... but recent setbacks and string of losses have really deflated my confidence.... :(:(

Hi CB, thanks.

Happy Dasera to u and nseguide makers/users.
:)

Hi Prams, Y'r always most welcome Bro!!

Hello... Kartik/CB & ALL,

Wish you ALL Happy Dussehra…..!!!

May all the tensions in your life burn along with the effigy of Ravan.

May you ALL be successful and happy ever, forever!!!,

hi HAM
good morning
thanks for sugestion regarding cb sir and kartik sir.
allready, i thanks them as master of masters.

withregards

Hi Robotguy, use Positive Thinking as Stop Loss, It is not advisable to Average Down your worries better sqare it off,

Happy Durga Puja

Wish you a HAPPY DUSSERA TO ALL!

CB SIR, GM.INDIA-VIX is 52 week low.What happened Nifty up or down.
Thanks.

Hi Mahender, Good morning.. Happy Dusshera

Hi H A M, Good morning.. Happy Dusshera

Hi Pradeep 1st, Good morning.. Happy Dusshera

Hi Robotguy, Good morning.. Happy Dusshera

Hi Prams, Good morning.. Happy Dusshera

Hi Sandip, Good morning.. Happy Dusshera

Hi NH, Good morning.. Happy Dusshera

Hi CB, Good afternoon Sir :)

Hi jk, Good afternoon!! Yes, CB/Kartik were really master of masters like u said. Thanks alot for ur support and once again congrats for ur profit, keep it up and keeeeep onnnn pumping out the money from stock-market balloon. Good luck.

Hi Kumar, GA, Just doing our bit by sharing each other's info :) It's simple to know abt it but one needs some experience to predict the further continuity of the chart with the help of supports and resistance points,
Support is a line on the stock chart at which the stock has limited ability to go any lower. You can also think of support as a "floor" under the stock price that sellers have recently been unable to break through. The support line often encourages buyers to step in and buy the stock because they know the price will likely not go much lower.
If support is the price floor, then resistance is the price roof. Resistance is a line on a price chart that generally stops buyers who don’t want to buy the stock at its highest, or most expensive point, and instead results in sellers stepping in to sell and take profits. The logic dictates that as the price advances towards resistance, sellers become more inclined to sell and buyers become less inclined to buy. By the time the price reaches the resistance level, it is believed that supply will overcome demand and prevent the price from rising above resistance, hence if it trades below that level for some time then, it is expected to go down ans test support level once again. Same in vice-versa in case of supports of that particular stock/index.
If it trades above or below resistance/support for some time, we reckons that this is going in either side/direction in coming days. That's it!!
Hope u got my point!!!

Hi CB,

Good afternoon...
Happy DUSSHERA to you...

Hi deepa11, Good afternoon. Happy Dusshera

Hi Sandip, Good afternoon. Happy Dusshera

Hi H A M, Sorry the last message is fr u brother. I missenend to M2M

Hi raghavendra, technically its a hold with strict sl at 273 for now. if markets open flat/ lower can test 267

can i buy subex at current level ?

Spanish economy shrinks again ::
Spain fell deeper into recession in the third quarter, upping the pressure on Prime Minister Mariano Rajoy as he seeks more austerity measures and considers requesting a eurozone-led bailout. Preliminary central bank figures for the quarter released Tuesday showed the Spanish economy shrank by 0.4% compared to the March-June period, with contractions occurring in both government and household spending. Year-over-year, the economy contracted by 1.7% in the three months ended Sept. 30, compared with 1.3% in the second quarter.
Spain, the eurozone's fourth largest economy, is stuck in its second recession in three years. Both the government and the International Monetary Fund are predicting further contraction next year, although they differ on the scale.
Unemployment has risen to record levels around 25%, putting Spain on a par with Greece, and sparking angry protests at the waves of spending cuts and tax increases introduced by the government to reduce debt.
Yields on Spanish government 10-year bonds soared above 7% in July on fears the government would default. But they fell to just above 5% as Madrid won a promise of eurozone help for its banks and the European Central Bank pledged to buy government bonds.
"Uncertainties remain around, for example... whether the EFSF loan to recapitalize Spanish banks will remain on Spain's sovereign balance sheet and how soon these issues will be resolved," ratings agency Fitch said in a note.
Ratings agency Moody's last week confirmed its investment grade rating on Spain, based on the assumption that Madrid will tap the ESM, and reflecting progress on fiscal and banking reform.

Hi H A M,yaar is it abdu?

Hi pankaj, no, not really sure yet. technically still looks weak

Hi micky-intraday, :) nice to hear that. all the best. Happy Dusshera

Hi Subin, Happy Dusshera

Hi YOGi, Happy Dusshera

Hi NH, try http://www.forexpros.com/indices/india-vix-chart

Hi cb, karthik, gaayathri,, sreejith, geethanjali, abdu, sai, sunil RAo and friends VIJAYAADASHIMI SHUBHA KAANK SHA LU

,

Hi CB, My reply to Yogi and NH at 12:41 pm in spam. Kindly approve it. Thank u!!

Hi NH,
Higher the implied volatility higher the India VIX value and vice versa.
India VIX is a premier barometer of investor consensus of market volatility expressed through option pricing. The Chicago Board of Options Exchange (CBOE) was the first to introduce the volatility index for the US markets in 1993.
The index is commonly known as the VIX or the fear index as a high VIX determines more volatility in the market and thus more fluctuation in stock prices.

Thanks H A M.
Does this mean, we can predict the market volatility (either way) but not the trend. Does this mean market will be moving up and/or down too fast if VIX is high?
Also, I am not able to figure out any relationship between nifty movement and India VIX movement comparing both for last 6 months. Does this mean VIX has no influence on NIFTY? Does this mean VIX influences only option price?

Please help me to understand.

Hi NH, The above mentioned factors were taken from the nse site and forgot to edit it before posting, hence, it's not is systematic order, plz adjust urself for now.

Hi CB, Thanx alot for the reply... TC. Good luck :)

Bye... ALL!!! Will be back again on Friday or Sat due to my pending works. TC all:)

Hi CB, Happy Dusshera
I have not traded single trade in future and options till today having delivery of shares (cash)of aprox 2 -2.5 lac. now wanted to start with option what i percieve is risk is fixed in option compare to futures. am i going right? and yes if i want to buy call for any stock nov expiry then this expiry day will be better? any specific buy suggestion from u most welcome. thanks in advance

Happy Dusshera to all.

Hi CB, GE,Hope u r enjoying the break..
HAPPY DUSSHERA TO EVERYBODY HERE and to your dear family and friends!
Hi YOGi, Wish you the same .Thank you.

Hi cerulean, Good evening. :) yes. Happy Dusshera to you too

Hi CB, How do you see crude now plz? To day is the inventory report..

Hi komsid, Wish you the same.. Happy Dusshera

Hi cerulean, does seem can bounce back to 90 levels from here. lets see. I just longed one. shall keep sl near 85 I guess.

Hi CB, OK.. kindly take note - inventory report tonight ..There is high activity during that 5 to 10 mnts ..

7:30 PM United States New Home Sales
8:00 PM United States DOE U.S. Crude Oil Inventories
8:00 PM United States DOE U.S. Distillate Inventory
8:00 PM United States DOE U.S. Gasoline Inventories
11:45 PM United States FOMC Rate Decision

Hi cerulean, CB sir, RG sir, SR sir and all friends here, HappyDashera To All O You!

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

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.

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.

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

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

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.

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

Hi komsid, Good evening. Thank U and wish u the same Bro :). Hope u enjoyed today!!!
Another thing is, u r absolutely right abt Bollinger bands, me too observed the same contraction thing in upper/lower bands and sounds like market is likely to consolidate here for some time but not sure as of now. Really nifty is really confusing at these levels.

Hi Sohan, Good evening. Thank U and wish u the same Bro :)

Hi CB, I have hedged at 4734[dec].. .. I hope you and other's here [if any ] have done the same ..

Hi komsid & Sohan, My reply to u at 8:13pm. in spam. Wait for CB's approval.

Hi jk, Good evening.

Hi cerulean, Good evening.

Hi CP, yes. go with couple of pe's if nifty breaks 5630

Hi cerulean, same here :)

Hi Sohan, yes. seems like a flattish opening tomorrow. lets see

Hi suresh, yes, can add few if manages to trade above 65 for few min

Hi H A M, thanks :) shall avg it

Hi jk, Good evening.

Hi pankaj, there is positive news flow on it. received pending KFA debt via bank guarantee.: http://nseguide.com/market-news/hpcl-encashes-kfa-bank-guarantee-for-oil-dues/ hold for now.

Good eve CB and All.

Hi H A M, GEHi CB,It is remarkable , the way you guys ,handle others trades , as you hold positions .

Hi CB - How about Rolta for short term?

Hi Sohan, Thanks .Happy dusshera to you and to your dear family & frnds .
Home sales report was good .. The weakness in commodities , may be due to US elections ..

Thanks CB.

Hi CB, it got covered at 4690..

Hi cerulean, cool

Hi aabha, Good evening. as of now seems may open 10-15 points higher.

Hi CB, Just the long of oct' remaining.. Hope fully shall close out even ..Gn and happy trading ,in days ahead to all here !

Dear CB,

Please suggest on DLF and Hexaware. Are these both are now looking good for entering fresh? Is the correction in them getting to an end?

Hi wajeed, technically has strong support at 63. if manages to hold onto this, can see a 10-12%

Hi cerulean, ok..

Hi CP, most welcome.

Hi cvrprakash, no, don't enter frsh longs in these yet

Hi ravi, yes, hold for now. keep sl near 109 (closing basis). does have some support here. if manages to hold onto it, can bounce back.

Hello CB,

Please delete my last message on the link. It is old one posted by mistake.

Thanks,