Intraday calls for 24-10-11

Quotes with Resistance & Support

Market Information

Intraday calls for 24-10-11

Posted on: October 24th, 2011 at 8:33 am

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Markets likely to see a gap up opening. Resistance for nifty is at 5170 and support at 5000.

Buy Amar Remedies at 118, target:122. Stoploss: 115.50

If markets show weakness later during the day, sell: Bharti Airtel

9.24am – buy Mahindra and Mahindra at 815, target: 830. Stoploss: 803

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355 Responses

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Kartik Says:
October 24th, 2011
Posted at: 9:44 pm
Hi Raj, yes
Raj Says:
October 24th, 2011
Posted at: 9:57 pm
Thx
Mrs Kiran S Says:
October 24th, 2011
Posted at: 10:00 pm
Is there any more upside for Nifty or flat at 5100.
Das Says:
October 24th, 2011
Posted at: 10:00 pm
where do you see SBI tomorrow?
sd Says:
October 24th, 2011
Posted at: 10:04 pm
Hi CB, Purchased Axis Bank futures nov @1157. Your outlook on this?
Kartik Says:
October 24th, 2011
Posted at: 10:24 pm
Hi Raj, most welcome
Hi Das, can be volatile ahead of the RBI meet, might open around 1920 as Global ques have been trading strong
Hi sd, hold it for 1-2 days with a Sl at 1150, can be volatile ahead of the RBI meet
Hi Mrs Kiran S, likely to open higher tomorrow, strong resistance at 5150, above which we can see 5200+ levels
richa Says:
October 24th, 2011
Posted at: 10:51 pm
hi Cb where shud i get out of airtel 380 pe if it doesnt come down?
thanks for ur patience
ARSHI Says:
October 24th, 2011
Posted at: 10:52 pm
HI Kartik GE,
Today I bought 50 share of "VIP IND." @900 what is ur openion about the exit position in short terms.
CB Says:
October 24th, 2011
Posted at: 11:08 pm
Hi richa, yes, exit it if it crosses 386. technically strong resistance near 385. likely to see some selling pressure from here.
Hi ARSHI, it has strong support at 880-900 levels. hold it for now. likely to see some bounce from here.
ARSHI Says:
October 24th, 2011
Posted at: 11:17 pm
Thanks CB, & good night
Sanjay Says:
October 24th, 2011
Posted at: 11:18 pm
CB, Bought TCS 1050 ce's @35 (1085). please tell me, what is the target tomorrow ?
richa Says:
October 24th, 2011
Posted at: 11:19 pm
i have oct put so i have to get out tommorow..may be i will have to bear loss in dis one
anyways thanks for ur guidance
CB Says:
October 24th, 2011
Posted at: 11:39 pm
Hi ARSHI, most welcome.. Good night.
Hi Sanjay, it can test 1100 tomorrow.
Hi richa, shall book tomorrow. as of now seems markets may open a bit higher. hold with sl at 386
cvrprakash Says:
October 25th, 2011
Posted at: 3:49 am
Dear CB,
Is coal India headed downwards to touch sub 300 levels?
I am long in this @340 levels for long time. Should you advice to book it on any rally and buy @ low levels?
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April 24th, 2014
Posted at: 2:15 pm
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