Quotes with Resistance & Support
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Intraday calls for 28-10-11

Posted on: October 28th, 2011 at 8:29 am

Markets likely to open gap up. Support for nifty is at 5170 and resistance at 5330.

Buy Jaypee Infratech at 62.80, target: 65.50. Stoploss: 61.
Buy Hindalco Industries at 128.25, target: 133. Stoploss: 126

2.55pm – buy VIP ind at 854, target: 870. Stoploss: 840 (1-2 day hold)

Book profit in IDFC at 134.

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430 Responses

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Comment pages: 181920212223242526Show all

  1. CB Says:
    October 28th, 2011
    Posted at: 3:24 pm

    Hi Raj Gupta, not yet . it has good support at 1110-1115


  2. VIJAY Says:
    October 28th, 2011
    Posted at: 3:25 pm

    Hi CB,
    How abt Alok Text i am holding a short at 20.50 shall i hedge ?


  3. Raj Gupta Says:
    October 28th, 2011
    Posted at: 3:28 pm

    Sir please suggest any CALL or PUT as i am trying to recover my loss in last series that was 1 lakh in last month .. now i have 12 thousand rupee left.. ..So please suggest any PE or CE for Tomorrow pleassss..


  4. richa Says:
    October 28th, 2011
    Posted at: 3:28 pm

    hello cb..whats wrong with airtel? any news?


  5. Vishal Says:
    October 28th, 2011
    Posted at: 3:29 pm

    Hi CB, Rushil going down hold or sell for short term ?


  6. Kartik Says:
    October 28th, 2011
    Posted at: 3:29 pm

    Hi VIJAY, hedge with a CE

    Hi richa, not sure of it


  7. Kartik Says:
    October 28th, 2011
    Posted at: 3:30 pm

    Hi Raj Gupta, nothing new for now, wait for 1-2 days for Markets to settle

    Hi Vishal, if entered for Short term, hold it


  8. cvrprakash Says:
    October 28th, 2011
    Posted at: 3:31 pm

    Kartik,

    Entered tata steel 500 ca @ 12
    Where should be the SL and what target I can expect on Monday/Next week.


  9. sud Says:
    October 28th, 2011
    Posted at: 3:32 pm

    Hi CB,

    I just bought 500 call options of tata steel...can i expect to reach around that level in a day or two...what should be my stop loss for tomorrow...thanks in advance


  10. cvrprakash Says:
    October 28th, 2011
    Posted at: 3:33 pm

    Hi Sud..... asking the same question.. which just now I ask. kartik can give a common answer to us!! :-)


  11. Akash Says:
    October 28th, 2011
    Posted at: 3:55 pm

    Hi Kartik, Nifty closed at 5360. However, 5700 CE is still in my reach so shud I buy that tomorrow? or buy PE?


  12. Sri Says:
    October 28th, 2011
    Posted at: 3:57 pm

    *** You Missed my query....Please respond*****

    Hi CB/Karthik,

    What is the Nifty Strategy now...?

    I am holding the 5100 Put, 400 Lots bought @ 121/-.

    Whether is there any Market Correction will due now or at least Nifty will touch 5100 Levels again?? by Next Week??

    I am in huge Loss...
    Please suggest at the earliest.

    Thanks in advance for your valuable inputs.


  13. Kartik Says:
    October 28th, 2011
    Posted at: 4:18 pm

    Hi cvrprakash, above 470 looks strong, can see 495 (cash), hold it with a SL at 475

    Hi sud, above 470 looks strong, can see 495 (cash), hold it with a SL at 475

    Hi Sri, we seemed to have given a breakout above 5170, hedge the PE's with Ce's on any dip


  14. sud Says:
    October 28th, 2011
    Posted at: 4:27 pm

    Thanks karthik


    @Prakash - ya even i entered at 10.75 :)...Will wait for Monday..lets hope for the best...


  15. Akash Says:
    October 28th, 2011
    Posted at: 4:37 pm

    Hi Kartik, Pls reply to my query. What to do? Shud I buy 5700 CE again as market looks to see 5550-5600 in less than 2-3 weeks.


  16. Kartik Says:
    October 28th, 2011
    Posted at: 4:37 pm

    Hi Akash, sorry, lets wait to see how Global ques react tonight

    Hi sud, most welcome

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