Intraday calls for 28-09-12
Markets likely to open higher, Support for nifty is at 5640 and resistance at 5710.
Buy Chambal Fertilizer’s around 76, target: 79.5, SL 73.5
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sam Says:
September 28th, 2012
Posted at: 3:59 pm
hello cb,i have shorted sbin @2205 2 DAYS BACK,AND SHORT ON DENA BANK @106.50 YESTERDAY,KINDLY ADVISE IS IT WORTH TO HOLD THIS POSITIONS AS I M BIT CONFUSED WITH MOVEMENTS OF BOTH COUNTERS,KINDLY ADVISE,THANKS
Arun Says:
September 28th, 2012
Posted at: 4:00 pm
Hi CB, Thank you sir
Robotguy Says:
September 28th, 2012
Posted at: 4:00 pm
Hi Aabha, Welcome :)
bullguy Says:
September 28th, 2012
Posted at: 4:04 pm
Hi ROBOTGUY how will you see nifty on monday holding 5700ce@113 will it able to see above this level on monday
sashi singh Says:
September 28th, 2012
Posted at: 4:05 pm
Hello Robotguy,
How is cairn india??? please suggest..what is the resistance and support. THanks in advance
Robotguy Says:
September 28th, 2012
Posted at: 4:07 pm
Hi Ripul, Sorry that u incurred loss. That is why I strictly tell everybody to follow stop loss. U shd always keep a fixed sum of money which u can afford to loose. Suppose if u fix it at 1000 then u shd never incur loss of more than 1000. This small loss can always be recovered very easily, but to recover a bigger loss is difficult. So always trade with strict stop loss. Dont worry we will try to recover, but always follow stop loss.
Robotguy Says:
September 28th, 2012
Posted at: 4:09 pm
Hi bullguy, Try to book if Nifty goes around 5780 level.
Robotguy Says:
September 28th, 2012
Posted at: 4:13 pm
Hi sashi singh, Not sure... will hv to watch on Monday how the market opens. I personally think Nifty can see 5780 level on Monday... letsc... hmm :)
aabha Says:
September 28th, 2012
Posted at: 4:32 pm
Hi Robotguy, NMDC seems poised for a jump. can it open gap up on monday? Also Tata power has been trying hard to break 109 for last three sessions...can v see higher levels on Monday?
ravii Says:
September 28th, 2012
Posted at: 4:37 pm
Hello CB,
Today i missed to book the profit in Nifty 5800PE and SBI short due to Client visit in the office.Can i book tomorrrow or any jump can expect on nifty to 5740 again??
CB Says:
September 28th, 2012
Posted at: 4:38 pm
Hi rajesh, yes, hold for now. possibly see some profit booking frm here.
Hi Frank, its a hold with sl at 5680 for now.
Hi sankar, most welcome
Hi Sandip, was kinda ok. yes, can hold it for 1-2 days if possible
Hi Aabha, ya. had been out. should be online from Monday
Hi Raj Gupta, yes, hold it. sl near 5710 (Closing basis). can test 5650
Hi sashi singh, has resistance at 342 and strong support at 325-330.
Hi Akash, no, not yet
Hi sam, yes, profit booking is likely to come in anytime soon. hold for now
Hi Arun, most welocme
ng Says:
September 28th, 2012
Posted at: 4:39 pm
monday 80 pts. gap up up up opening expected.
CB Says:
September 28th, 2012
Posted at: 4:39 pm
Hi ravii, thats fine. hold it. can test 5650 it seems.
ravii Says:
September 28th, 2012
Posted at: 4:41 pm
Thanks a lot !! CB
Robotguy Says:
September 28th, 2012
Posted at: 4:43 pm
Hi aabha, Tata Power is a good bet, it seems can go up to 112-114 level no idea about NMDC.
SaiPalanivel Says:
September 28th, 2012
Posted at: 4:46 pm
HI CB SIR,EUROPE MARKETS DOWN MOVE.HOW OPEN US MARKETS YOUR VIEW?