Intraday calls for 29-10-12

Quotes with Resistance & Support

Market Information

Intraday calls for 29-10-12

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

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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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SR Says:
October 29th, 2012
Posted at: 11:16 pm
Hi manmin, Hi manmin, I agree with Priyanka on that. Never trade on borrowed money in the stock market.
Priyanka Says:
October 29th, 2012
Posted at: 11:18 pm
Hi Mahender, What do you suggest ? B+Ve means go ahead with manmin's plan ?
Mahender Says:
October 29th, 2012
Posted at: 11:18 pm
Hi Priyanka, Congrats yaar.
Trade details please, (buy/sell), just curious :)
Mahender Says:
October 29th, 2012
Posted at: 11:20 pm
Hi Priyanka,
I as far as I know, I never suggest any1 to trade with borrowed money, img that's bad practice.
Kartik Says:
October 29th, 2012
Posted at: 11:23 pm
Hi cvrprakash, continue to hold them for some more time, keep a SL at 356 for Cipla and 199 for DLF (both strong supports), they have been seeing some consolidation with the markets and should give a breakout soon
Hi Mayank, can see around 122, hold it for a weeks time for a target of 130 with a SL at 115
Hi manmin, If the other person is willing to do so, you can function as a broker on behalf for your clients (you need to have a undertaking from them)
Hi Mahender, RBI meet tomorrow, lets awit to see how it goes, can be quite volatile
Subbu Says:
October 29th, 2012
Posted at: 11:24 pm
Hi kartik,
Mahender Says:
October 29th, 2012
Posted at: 11:26 pm
Hi Kartik, Thanks Kartik.
SR Says:
October 29th, 2012
Posted at: 11:26 pm
Hi Priyanka, Most Welcome. Glad to know you made good profits. On that trade, I adjusted my targets and SL on Auto Channels one notch higher/lower than actual support/resistance levels. You can see that on today's Nifty Chart as well. :)
Kartik Says:
October 29th, 2012
Posted at: 11:27 pm
Hi Subbu, GE
Hi Mahender, most welcome
Priyanka Says:
October 29th, 2012
Posted at: 11:28 pm
Hi Mahender,Sold 1000 Reliance 798.75 (as suggested by Sunil Rao).Bought @ 792.25. Profit 6.5K.
Mahender Says:
October 29th, 2012
Posted at: 11:30 pm
Hi Priyanka,
Is it intraday cash market trade or futures?
Subbu Says:
October 29th, 2012
Posted at: 11:31 pm
Kartik, one silly question... I never traded in futures... Just wanted to know wats the minimum cash required to invest in futures
Priyanka Says:
October 29th, 2012
Posted at: 11:35 pm
Hi SR, Yes Sunil, today also I booked profit on your last call @5650. Earlier sold nifty @ 5670. (20 nifty points for 10 lots). 10K profit on the last call alone.
Priyanka Says:
October 29th, 2012
Posted at: 11:36 pm
Hi Mahender, Intraday cash only.Sunil had given that call in NSEGUIDE.
Mahender Says:
October 29th, 2012
Posted at: 11:38 pm
Hi Priyanka, Thanks yaar.
Good to know that. Handsome returns for single trade on a given a day.
Priyanka Says:
October 29th, 2012
Posted at: 11:39 pm
Hi SR, The values given above are corresponding spot values