Intraday calls for 24-09-12
Markets likely to open slightly lower. Support for nifty is at 5640 and resistance at 5710
Buy Amara Raja Batteries on dips near 395-398, target: 408. Stoploss: 388 – (If entered Amara Raja at opening, book profit at 414)
Sell Jaiprakash Associates at 83.30, target: 80. Stoploss: 85.50 – (SL triggered in JP. if holding in futures, continue to hold)
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Kb Trader Says:
September 24th, 2012
Posted at: 2:59 pm
Hi SAI, GA .. hahah.. :)
Hi Aabha, nifty is at an exit levels.. p.booking will come in main stocks.
Pradeep Says:
September 24th, 2012
Posted at: 3:02 pm
i think there are no higher or lower levels in stocks and nifty as such.. there are buy and or sell levels instead... except ofcourse some no trading zones which usually appears 70% of the time
SaiPalanivel Says:
September 24th, 2012
Posted at: 3:03 pm
HI CB SIR,NIFTY 5680 CLOSING BASIS LOOKING STRONG?
CB Says:
September 24th, 2012
Posted at: 3:07 pm
Hi Raasi, ill chk them
Hi Aabha, yes, seeing quite a bit of buying interest
Hi SS, yes. currently since we do not have a registration format, people can use multiple id's. shall have a word with the programmer
Hi Pradeep, thanks
Hi Pravin, these are good bets. hold onto these.
MK Says:
September 24th, 2012
Posted at: 3:07 pm
Dear CB, KB, SR, SS,ROBOTGUY
Very GA.
CB Sir As always thanks once again for answering my querries and giving valuable guidance. What are your views on market. Will Nifty go to 5800 / 5900 /6000
in coming days . Is it good to enter Axis Bank now
CB Says:
September 24th, 2012
Posted at: 3:07 pm
Hi SaiPalanivel, above 5640 does look strong.
Karan Sharma Says:
September 24th, 2012
Posted at: 3:08 pm
Hi CB,
Can i sell J P Associates (Futures) @ CMP?
Munna Says:
September 24th, 2012
Posted at: 3:08 pm
Hi CB, Shorted INFY @ 2600. Pls advise what to do.
CB Says:
September 24th, 2012
Posted at: 3:09 pm
Hi MK, Good afternoon. you are always welcome. nifty if breaks 5640 could test 5580 it seems
Hi Karan Sharma, yes
Hi Munna, its a hold. can see 2570
Asit Says:
September 24th, 2012
Posted at: 3:09 pm
Bought rcap sept 440ce@8 can i hold
Sad Says:
September 24th, 2012
Posted at: 3:09 pm
Hi CB, 5655 closing level for today?
CA.Tejas Says:
September 24th, 2012
Posted at: 3:09 pm
Hi CB, Holding Dewan Housing @ 175 levels should I book profit or wait... if wait what tgt it can see??
CB Says:
September 24th, 2012
Posted at: 3:10 pm
Hi Asit, ok. hold it. can see 420
Munna Says:
September 24th, 2012
Posted at: 3:10 pm
Also bought NIFTY 5600 PE @ 13.10 when spot was @ 5690. Now NIFTY spot is @ 5665, but 5600 PE @ 11.00. Shall I hold till tomorrow or exit today? Holding 50 lots.
Ankur Says:
September 24th, 2012
Posted at: 3:10 pm
cb sir thanks for ur opinion on sbi pe. sir, whats abt maruti suzuki tomorrow
CB Says:
September 24th, 2012
Posted at: 3:10 pm
Hi Sad, yes, seems may close there
Hi CA.Tejas, its a hold for now. can see 200