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: 1:27 pm

    Hi sd, support at 1160. resistance near 1190


  2. CB Says:
    October 24th, 2011
    Posted at: 1:28 pm

    Hi sanjay, yes. guess will remain volatile.. lets see how the news flow shapes up


  3. santhosh Says:
    October 24th, 2011
    Posted at: 1:30 pm

    Thanks


  4. CB Says:
    October 24th, 2011
    Posted at: 1:30 pm

    Hi santhosh, most welcome.


  5. Atul Agarawal Says:
    October 24th, 2011
    Posted at: 1:31 pm

    CB dear what's up!...i can say axis will close around 1170 or 1172


  6. CB Says:
    October 24th, 2011
    Posted at: 1:32 pm

    Hi Atul Agarawal, going fine. hope all is well on your side too. yes. if unable to cross 1090-1093 for some more time, can see some selling pressure.


  7. Das Says:
    October 24th, 2011
    Posted at: 1:33 pm

    i have SBI 2000E bought @16.5 CMP 17. hold or sell?


  8. richa Says:
    October 24th, 2011
    Posted at: 1:34 pm

    Hi..
    what shud be done with airtel..its back above 380 now
    thanks


  9. sona Says:
    October 24th, 2011
    Posted at: 1:34 pm

    can nifty touch 5160 today ?


  10. CB Says:
    October 24th, 2011
    Posted at: 1:34 pm

    Hi Das, hold it. can test 1995


  11. CB Says:
    October 24th, 2011
    Posted at: 1:34 pm

    Hi richa, its a hold for now

    Hi sona, likely to


  12. Goody Says:
    October 24th, 2011
    Posted at: 1:35 pm

    Hi CB, Sorry to ask you again on IndusINd bank.. But what is the direction from here??


  13. sd Says:
    October 24th, 2011
    Posted at: 1:35 pm

    CB, Thnx


  14. CB Says:
    October 24th, 2011
    Posted at: 1:36 pm

    Hi Goody, its a hold. markets not really doing much after opening. hold with sl at 273.50 . possible see a bounce from here

    Hi sd, most welcome.


  15. CB Says:
    October 24th, 2011
    Posted at: 1:37 pm

    ill be back in some time.


  16. Akash Says:
    October 24th, 2011
    Posted at: 1:39 pm

    Hi CB, Still Holding Uflex and Tata met. Both are down now. Shud I hold?

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