Quotes with Resistance & Support
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Intraday calls for 28-09-12

Posted on: September 28th, 2012 at 8:25 am

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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829 Responses

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  1. Buffet Says:
    September 29th, 2012
    Posted at: 12:37 pm

    Hi SaiPalanivel, Because market is always Unpredictable


  2. Buffet Says:
    September 29th, 2012
    Posted at: 12:41 pm

    Hi CB, Thank you sir


  3. ravindra Says:
    September 29th, 2012
    Posted at: 12:46 pm

    Hi cb i have hcl tech 600 oct series at 13. Call pls sugest me the target


  4. Be!ng Human Says:
    September 29th, 2012
    Posted at: 12:58 pm

    Hi MURALI, Studying Ichimoku chart is a vast subject. u can see in the below link.
    http://www.esignalcentral.com/support/futuresource/workstation/help/charts/studies/ichimoku.htm
    http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:ichimoku_cloud

    The same thing happened in Sep 2010, if compare the RSI and Ichimoku, u will see the over-bought zone in RSI and at the same time, a big green cloud formed in Ichimoku chart and continued its journey by extending itself in upward bias and the size of the cloud is same like size of the cloud forming at current levels in 2012. At that time nifty touched 6335, now in Oct, Nov 2012 the same is going to happen and more likely to break previous high of 6335 and 6500 by 2012 end.
    Rather confusing urself in this entire analysis, remember three things, [conversion line, Base line & Chikou span] and the clouds [green&red]. Nifty and the Chikou span[green line] must be above the green cloud and should hold above conversion line and the base line in case of bullish markets. Similarly, in case of bearish markets, its vice-versa below red cloud.
    BTW, Hold Hindalco & HDIL with strict SL of 115 and 91-92 (if broken stay away)


  5. Be!ng Human Says:
    September 29th, 2012
    Posted at: 12:59 pm

    Hi CB, My message in spam. please approve it.


  6. Be!ng Human Says:
    September 29th, 2012
    Posted at: 1:04 pm

    Hi Rani, Y'r always welcome.

    Hi Buffet, If Bank nifty falls, the supports are 11160-10900-10700-10500.


  7. Be!ng Human Says:
    September 29th, 2012
    Posted at: 1:06 pm

    Hi CB, Good afternoon. Hope u don't mind for such big messages.


  8. wajeed Says:
    September 29th, 2012
    Posted at: 1:15 pm

    Hi Cb what do you think of Onmobile global for 1 month time pls suggest can i enter CMP thanks in advance.


  9. VJ Says:
    September 29th, 2012
    Posted at: 1:16 pm

    Hi Be!ng Human, Bravo,never mind about it.excellent analysis.Thanks you have at least warned about the bull trend.no problem sir we will buy calls on monday in dip and nifty is in 5700 only.


  10. VJ Says:
    September 29th, 2012
    Posted at: 1:29 pm

    Hi CB, GA sir.how are you
    Hi Be!ng Human, shall i sell the puts immediately or shall i wait for fall.you said to sell as soon as possible and buy nov 6000 call.please clarify my doubt.


  11. CB Says:
    September 29th, 2012
    Posted at: 1:36 pm

    Hi SaiPalanivel, most welcome

    Hi Buffet, most welcome

    Hi ravindra, ok. its a hold for now. has been moving in a range since some time now. has strong support at 560-565. can test 595 again

    Hi Be!ng Human, Good afternoon. sure, no issues :)

    Hi wajeed, yes, does look good. can head upto 55


  12. CB Says:
    September 29th, 2012
    Posted at: 1:37 pm

    Hi VJ, Good afternoon. I am doing good. hope you too


  13. Be!ng Human Says:
    September 29th, 2012
    Posted at: 1:56 pm

    Hi CB, Thanks alot CB.

    Hi VJ, Sorry yaar. Hope u don't mind. Mistakes happens by everyone but rectifying those needs some time. Forget the old posts and start buying as many calls as u want. I think if at all there is any correction, it's limited to 50-100 points which shall be considered as buying opportunity. Sell the puts on Monday as this market will not correct much till diwali.
    After 2 years(since 2010) this bull run is resuming again and can break previous highs of 6335 by year end and 6000 by diwali. Hence, am recommending to buy NOV 6000 CE which is completely safe and secure. Gook luck and thanx for ur kind comments.


  14. K.V.LAXMI Says:
    September 29th, 2012
    Posted at: 2:11 pm

    HI CB SIR, GOOD AFTERNOON.


  15. Be!ng Human Says:
    September 29th, 2012
    Posted at: 2:19 pm

    Hi CB, Sorry to say again, my recent message in spam. Please approve it.Thanks


  16. Sashi Singh Says:
    September 29th, 2012
    Posted at: 2:23 pm

    HI Being Human,

    Please suggest any good technical analysis software...which software do you use???

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