Quotes with Resistance & Support
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Intraday calls for 24-10-11

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

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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  1. CB Says:
    October 24th, 2011
    Posted at: 1:08 pm

    Hi sanzy, its a hold. can test 190

    Hi CA.Tejas, Wish you the same.. Happy Dhanteras and a Happy Diwali

    Hi Akash, no, not sure

    Hi sud, no, don't enter a put yet


  2. divya Says:
    October 24th, 2011
    Posted at: 1:10 pm

    hi CB,
    can i enter 5200CE for intraday...when should i exit...


  3. CB Says:
    October 24th, 2011
    Posted at: 1:10 pm

    Hi divya, yes,. keep sl at 5120. can test 5160


  4. micky-intrday Says:
    October 24th, 2011
    Posted at: 1:11 pm

    short raymonds @ 382 target 377


  5. Atul Agarawal Says:
    October 24th, 2011
    Posted at: 1:13 pm

    Very good Time to shot AXIS..guys...do it...


  6. santhosh Says:
    October 24th, 2011
    Posted at: 1:17 pm

    CB

    Now europe not doing well.. what shall i do with TCS? shall i hold till tomorrow or market might be negative tomorrow? have 1050 ce's...please advice


  7. CB Says:
    October 24th, 2011
    Posted at: 1:18 pm

    Hi santhosh, if breaks 1080 would advice to book for now. else its a hold.


  8. Deepak Bedi Says:
    October 24th, 2011
    Posted at: 1:19 pm

    Hi CB... I'm short on Axis Bank at 1162... wats happening with the stock?? please advice??


  9. sachin shukla Says:
    October 24th, 2011
    Posted at: 1:19 pm

    Hi CB, sir i buy call november 5500 at 21.20 10 lot now it is come down wht to do can i hold it for long time or book loss and wht is nifty were it will move


  10. CB Says:
    October 24th, 2011
    Posted at: 1:22 pm

    Hi Deepak Bedi, it has turned a bit positive above 1060. would advice to hedge with a 1100 call for now

    Hi sachin shukla, ok. hold it for now. keep sl at 5120. possible markets remain a bit positive for couple of days.


  11. Atul Agarawal Says:
    October 24th, 2011
    Posted at: 1:23 pm

    Deepak Dear..1191 was the high end for axis.....still you can give cover call to axis....atleast you save ur self from some loss....


  12. Deepak Bedi Says:
    October 24th, 2011
    Posted at: 1:24 pm

    Thanks CB


  13. sud Says:
    October 24th, 2011
    Posted at: 1:24 pm

    Thanks CB..happpy diwali !!!


  14. CB Says:
    October 24th, 2011
    Posted at: 1:25 pm

    Hi Deepak Bedi, most welcome

    Hi sud, Happy Diwali..


  15. sd Says:
    October 24th, 2011
    Posted at: 1:26 pm

    What are the Resistance and support levels of Axis Bank ?


  16. sanjay Says:
    October 24th, 2011
    Posted at: 1:27 pm

    How about market tomrorow in your view ? positive or negative? Also we have 3 major things tomorrow i.e 1. RBI meet 2. expiry & 3. Europe announcement ...please advice

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