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. santhosh Says:
    October 24th, 2011
    Posted at: 9:39 am

    Thanks CB. your view on JPassociates & RCOm ? i hope lot of short covering might move this stock up tomorrow? ur view please ...


  2. dak Says:
    October 24th, 2011
    Posted at: 9:39 am

    Thanks CB
    Whats the resistance for nifty today ? is it likely to go above 5180 ?


  3. sandeep Says:
    October 24th, 2011
    Posted at: 9:40 am

    cb............wats the target ur expecting on LNT once it closes below 1320 today?


  4. Wasey Says:
    October 24th, 2011
    Posted at: 9:40 am

    Hi CB, today Tata Coffee is going to announce Q results, what would be the target for the day, any idea?


  5. CB Says:
    October 24th, 2011
    Posted at: 9:40 am

    Hi santhosh, jp can test 72.50. rcom looks a bit weak.

    Hi dak, yes, seems can test 5150-5160


  6. CB Says:
    October 24th, 2011
    Posted at: 9:41 am

    Hi sandeep, below 1320 looks weak. if manages to hold onto it for a day or 2, can test 1350

    Hi Wasey, no, not sure


  7. sanjay Says:
    October 24th, 2011
    Posted at: 9:41 am

    Hi Cb

    Have TCS oct futures. what is the approximate target before closing tomorrow ? or at what level should i book today or hold till tomorrow ? Thanks in advance


  8. CB Says:
    October 24th, 2011
    Posted at: 9:41 am

    Hi sanjay, can test 1095-1100


  9. CB Says:
    October 24th, 2011
    Posted at: 9:42 am

    ill be back in 30 min


  10. gayaram Says:
    October 24th, 2011
    Posted at: 9:43 am

    Hi CB, GM. Shall i enter into nov. nifty ce now


  11. krishna Says:
    October 24th, 2011
    Posted at: 9:43 am

    i hold 2 lots of chambal oct futures @ 100. I am into huge lossess. Tomorrow is expiry date. What should i do..


  12. sanjay Says:
    October 24th, 2011
    Posted at: 9:43 am

    thanks. so shall i book it today if it test 1095-1100 today ? also what is the resistance of it now ?


  13. imran khan Says:
    October 24th, 2011
    Posted at: 9:43 am

    Thanks CB, will wait for the targets :)


  14. dak Says:
    October 24th, 2011
    Posted at: 9:44 am

    CB, SBI 2000 call is expensive (18000) I dont have that much margin - what to do ?


  15. sagay Says:
    October 24th, 2011
    Posted at: 9:47 am

    HI CB,

    I am planning to buy 60 Lots of NIfty 5000 Puts at 5145(Nifty) with of breakout above 5155.

    What do you think? Please suggest


    Thanks,
    Sagay


  16. Siddharth Says:
    October 24th, 2011
    Posted at: 9:50 am

    HELLO

    WHAT'S UR VIEW IN PANACEA BIOTECH

    I AM HOLDING 400 QTY @ 102.25

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