Quotes with Resistance & Support
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Intraday calls for 29-10-12

Posted on: October 29th, 2012 at 8:30 am

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

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482 Responses

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  1. Priyanka Says:
    October 29th, 2012
    Posted at: 7:06 pm

    Hi CB, GE....


  2. Priyanka Says:
    October 29th, 2012
    Posted at: 7:07 pm

    Hi Robotguy,GE.....


  3. cvrprakash Says:
    October 29th, 2012
    Posted at: 7:24 pm

    Dear CB,

    I am planning to transfer a considerable amount from US to India.
    Should I use this levels 54.00 to do it right now? Or wait for some more time so I can do the transfer much more low Re values < 56.00 ? How do you read this technically?
    Thanks for your assistance.


  4. Abhishek Says:
    October 29th, 2012
    Posted at: 7:40 pm

    hai cb jai prakash associates & united phosphorus target this week.


  5. chandra Says:
    October 29th, 2012
    Posted at: 8:01 pm

    guide me on HDIL should i hold or sell...tomorrow is RBI policy.


  6. Kartik Says:
    October 29th, 2012
    Posted at: 8:24 pm

    Hi deep121, it can be quite volatile ahead of its results, hold it with a SL at 1725, more depends on how its results are ahead, Union Bank of India and BOB are seeing some profit booking, dont enter them yet

    Hi pankaj, 150 is high, Ventura charges around 35rs depending on the plan you use, Religare and Ventura are good ones

    Hi Priyanka, GE

    Hi cvrprakash, would be better to wait for some more time as it could see some more weakens ahead

    Hi Abhishek, JP if trades below 90 for another 1-2 days, could see some more downside ahead, United Phosphorus looks weak below 120, avoid it

    Hi chandra, hold it with a tight SL at 96 (strong support) fora few more days


  7. manmin Says:
    October 29th, 2012
    Posted at: 8:35 pm

    hi kartik ..

    can i trade in the market with peoples money. Is it allowed ?


  8. Akash Says:
    October 29th, 2012
    Posted at: 8:42 pm

    Hi CB, GE. Shud I continue to hold HDFC 800 CE. Will stock cross 810 in a week?


  9. Kb trader Says:
    October 29th, 2012
    Posted at: 8:44 pm

    Hi CB, see the jump in vgurd ?? need to pick like that.. 150 to 450.. 200% .. omg ..

    Hi Kartik, GE


  10. cvrprakash Says:
    October 29th, 2012
    Posted at: 8:46 pm

    Dear Kartik,

    By mistake or by guts, I entered both 5800 CA and 5600 PA last week.
    I entered both with a combined(CA+PA) price of 113.
    Now its near 100.
    Tomorrow I guess is a crucial day which decide the market movement,
    Any way I exit one and hold the other in which market goes. Suggest me how I approach this? Levels, technically will help me a lot to decide. Thanks very much.


  11. Kartik Says:
    October 29th, 2012
    Posted at: 8:55 pm

    Hi manmin, GE, what do you mean by "people's money" ?

    Hi Akash, it can add some gains if markets trade strong, hold it with a SL at 752 (cash) for a target of 765-770

    Hi Kb trader, GE, yes, has given a big bounce in the past months

    Hi cvrprakash, Market can be volatile tomorrow ahead of the RBI policy, hold the CE with a SL at 5630 and the PE with a SL at 5735


  12. Jack Says:
    October 29th, 2012
    Posted at: 9:04 pm

    Hi Kartik, Target for BHEL this week?


  13. Kamal Says:
    October 29th, 2012
    Posted at: 9:11 pm

    Why bhel fall so much ... Not so bad result though.. Technically how is it for a week I have a huge ce n in big loss now ... Shd I book loss or keep for few more days ?


  14. komsid Says:
    October 29th, 2012
    Posted at: 9:22 pm

    Hi CB/Kartik/KB and all, GE... yes KB we always miss out the big one.


  15. SR Says:
    October 29th, 2012
    Posted at: 9:25 pm

    Hi Kartik, GE :)

    Hi Kb trader, GE Doc! Do you remember how much time it took for blogger to redirect to your domain?


  16. Jack Says:
    October 29th, 2012
    Posted at: 9:29 pm

    Hi SR, Target for BHEL this week?

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