Intraday calls for 26-10-12

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Intraday calls for 26-10-12

Posted on: October 26th, 2012 at 8:24 am

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Markets likely to open flat, Support for nifty is at 5630 and resistance at 5750.

Buy Jubilant Foodworks around 1255, SL 1238, Target: 1280 – (Book profit in jubfood at 1272-1273)

(trade in small quantity)

Currently travelling, so wont be able to reply to queries till 6-7pm

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563 Responses

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aabha Says:
October 26th, 2012
Posted at: 2:51 pm
Hi Paritosh, should i hold my call for monday? m worried about time decay though...
subodh Says:
October 26th, 2012
Posted at: 2:52 pm
I think closing the long would be good idea... Its my personal view... plz ask experts
aabha Says:
October 26th, 2012
Posted at: 2:53 pm
Hi hridayesh, they announced bad results so a fall...i think u can hold it till RBI announcement. but wait a get a confirmation from CB sir.
hridayesh Says:
October 26th, 2012
Posted at: 2:54 pm
Hi CB, Hi SR...where are you ?
Pravin Says:
October 26th, 2012
Posted at: 2:54 pm
Hi
Bullsendbear
Can enter now in united spirit
aabha Says:
October 26th, 2012
Posted at: 2:54 pm
Hi subodh, ok...thanx for the advise.
hridayesh Says:
October 26th, 2012
Posted at: 2:55 pm
Oh, thanks Abha, thank you so much...
Paritosh Says:
October 26th, 2012
Posted at: 2:55 pm
Hi aabha, Personally i think you should exit at small bounce today, a 10-20 points gap-up on monday will land your calls at same price on Monday. Worse, it can open gap down - who knows. Make a fresh start on Monday. On top of everything, you have good insticts - go with them!!! And oh... don't expect a rate cut from RBI - there is a slim chance for that
aabha Says:
October 26th, 2012
Posted at: 2:58 pm
Hi Paritosh, hmm. will exit on any bounce we get before closing now..
hridayesh Says:
October 26th, 2012
Posted at: 2:58 pm
Hi Abha, sorry, I've 3 lots of PNB @830 not @930.
subodh Says:
October 26th, 2012
Posted at: 2:59 pm
I am saying bcoz DOW future is in red.... And 2 days decay ....i completely agree with paritosh
hridayesh Says:
October 26th, 2012
Posted at: 3:00 pm
Why CB & SR are on leave today?
Paritosh Says:
October 26th, 2012
Posted at: 3:03 pm
Hi hridayesh, Cb's out of town, said he will be back by 7-8 PM
Bullsandbears Says:
October 26th, 2012
Posted at: 3:04 pm
Hi Pravin, yes
Bullsandbears Says:
October 26th, 2012
Posted at: 3:06 pm
PNB may head towards 680-660
Bullsandbears Says:
October 26th, 2012
Posted at: 3:09 pm
Yahooooooooo...my call give for Nifty 5700 CE @ 83 is now 89.65..waiting for my target