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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Comment pages: 3 4 567 8 9 10 11 Show all

Goody Says:
October 24th, 2011
Posted at: 9:31 am
Hi CB, Can we go short on Bharti now at 379??
Madhu Says:
October 24th, 2011
Posted at: 9:31 am
Hi CB,
Holding 2 lots Bharti airtel @ 385 ? Shall i book the loss or wait till tomorrow. What is the target & stoploss
CB Says:
October 24th, 2011
Posted at: 9:32 am
Hi santhosh, likely to see it today
Hi sandeep, it has some support near 1320. below this can fall further.
CB Says:
October 24th, 2011
Posted at: 9:32 am
Hi Goody, no, dont take a fresh short yet. short if bounces back to 382
Hi Madhu, hold for now. would also advice to hedge with a 380 put. it has resistance near 386
dak Says:
October 24th, 2011
Posted at: 9:33 am
CB, GM. need your help with SBI - holding nov futures short at 1950 - what do I do? it opened gap up today !
Vishal Says:
October 24th, 2011
Posted at: 9:33 am
Hi CB, Can i enter C Mahendra @183 for short term ?
Akash Says:
October 24th, 2011
Posted at: 9:33 am
Hi CB, Tata Met is in profit but Uflex is down. COntinue to hold both for my targets?
Mohan Says:
October 24th, 2011
Posted at: 9:33 am
Hi CB, holding PTC india OCT future bought @70.90..please advice..should i hold or exit ?
imran khan Says:
October 24th, 2011
Posted at: 9:34 am
Hi CB,
Brought Mahindra and Mahindra @ 813.75, hope it will go up :)
CB Says:
October 24th, 2011
Posted at: 9:35 am
Hi dak, hold it for few days. as of now hedge with a 2000 call. markets may remain a bit positive for a day or 2

Hi Vishal, enter in small quantity
Hi Akash, continue to hold for now
Hi Mohan, its a hold for now. keep sl near 68. can test 71
CB Says:
October 24th, 2011
Posted at: 9:35 am
Hi imran khan, yes, likely to do well
HARI Says:
October 24th, 2011
Posted at: 9:37 am
Hi Cb
what is your view on tomorrow's market trading? will be minus due to RBI announcement and Europe govt. statement ?
Vishal Says:
October 24th, 2011
Posted at: 9:37 am
Hi CB, How is Shree Renuka sugar for short term ?
CB Says:
October 24th, 2011
Posted at: 9:37 am
Hi HARI, likely to be volatile as also its expiry tomorrow. lets see. not sure of the news flow yet
Hi Vishal, it can test 58.
imran khan Says:
October 24th, 2011
Posted at: 9:37 am
Thanks CB,
I also brought Amar remed @ 120.15, and ITC @ 206.80, please suggest, today intraday what price should i exit
CB Says:
October 24th, 2011
Posted at: 9:38 am
Hi imran khan, ok. hold these for now. can test 123 and 209