Quotes with Resistance & Support
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Intraday calls for 30-10-12

Posted on: October 30th, 2012 at 8:28 am

Markets likely to open flat, support for Nifty at 5630 and resistance at 5750

Buy Nitin Fire Protection around 68, Target: 72.5, SL 65 – (Exit Nitin fire if breaks 67)

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693 Responses

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  1. hridayesh Says:
    October 30th, 2012
    Posted at: 4:39 pm

    Hi SR, good evening... I lost a good amount today in Karnatak bank Future. On the other hand I'm having 3 lots of PNB Future @ Rs. 830 which has fallen a lot during last three days. Could you pls help me to recover this huge loss ? I need your help, please...


  2. SR Says:
    October 30th, 2012
    Posted at: 4:39 pm

    Hi Robotguy, Yes, Would likely be sharing important posts on both.


  3. Mayank Says:
    October 30th, 2012
    Posted at: 4:45 pm

    Hi CB, ok thanks a lot ... target onlyof 115 ... i was assuming for bigger target


  4. hridayesh Says:
    October 30th, 2012
    Posted at: 4:50 pm

    Hi SR, no reply of my help request ?


  5. CB Says:
    October 30th, 2012
    Posted at: 4:50 pm

    Hi SHREE PROP., seems may test 5550-5570 once before moving higher. lets see

    Hi vickys, no, not yet. wait for dips near 5570 to enter a ce.

    Hi pankaj, does have support at 260-265. if holds onto it, can bounce back from here

    Hi hridayesh, yes, lets hope for the best

    Hi Robotguy, bbye. have a good evening

    Hi SR, Good evening

    Hi WELL PLAN, can add in small quantity at cmp

    Hi Mayank, most welcome. :) considering market weakness, for now seems can test 115


  6. SR Says:
    October 30th, 2012
    Posted at: 4:52 pm

    Hi CB, Good Evening :)

    Hi hridayesh, Good Evening ... Sorry to hear about your loss. But never try to challenge the markets. Markets are supreme. So always "PLAN A TRADE & TRADE THE PLAN". Trading is F&O is a high risk activity. So you should plan your Entry, Targets and Stop Loss. EXIT THE TRADE WITH MINIMAL LOSS WHEN SL IS TRIGGERED. PNB looks weak and can see lower levels of 710 and 690. Hedge them with PEs for now.


  7. hridayesh Says:
    October 30th, 2012
    Posted at: 4:52 pm

    Thank you CB..


  8. WELL PLAN Says:
    October 30th, 2012
    Posted at: 4:55 pm

    Hi cb,

    Thanks you very much


  9. hridayesh Says:
    October 30th, 2012
    Posted at: 4:56 pm

    Thanks.How many pe's to hedge my 3 lots of PNB, dear SR ?


  10. Chandan Says:
    October 30th, 2012
    Posted at: 4:59 pm

    Hi CB, Sir, Why Apollo Tyres rised steeply ? Is it right time to buy ?


  11. JAI Says:
    October 30th, 2012
    Posted at: 5:00 pm

    HELLO SIR
    PLZ UR VIEW ON REL INFRA
    WILL BE MORE DOWN TREND
    PLZ SUGGEST


  12. SR Says:
    October 30th, 2012
    Posted at: 5:04 pm

    Hi hridayesh, You will need equal number of PEs. So you would need to enter 3 lots. We will surely recover the losses in other trades soon.


  13. Priyanka Says:
    October 30th, 2012
    Posted at: 5:10 pm

    Hi SR, For tomorrow,shall I short nifty around 5600 @ opening for a target of 5569 with 5617 SL?


  14. Robotguy Says:
    October 30th, 2012
    Posted at: 5:11 pm

    Hi Priyanka, Where r u missing since morning ?


  15. Priyanka Says:
    October 30th, 2012
    Posted at: 5:13 pm

    Hi Robotguy, I had some issues in my farm.So, missed trading today.How was your day ?


  16. H A M Says:
    October 30th, 2012
    Posted at: 5:23 pm

    Swiss bank UBS to cut as many as 10,000 jobs::
    Swiss banking giant UBS AG is to cut as many as 10,000 employees, or some 15 percent of its staff, to drastically shrink its ailing investment bank.
    The news of the layoffs came as Switzerland's biggest bank posted another big loss for the third quarter. It said Tuesday that the job cuts are part of a strategy to shore up profits. As a result, UBS said it needs to reduce its headcount to "around 54,000" by 2015, down from its current 64,000 employees in 57 countries.
    Some 7,500 jobs are to be cut mainly in London and the United States, where UBS has a prominent building and trading operations in Stamford, Conn., near New York City. The other 2,500 cuts are to be in Switzerland.

    German joblessness rises as euro zone crisis bites::
    German joblessness rose for a seventh month in a row in October, highlighting the vulnerability of Europe's biggest economy to the euro zone crisis.
    Economists expect the trend to reverse, however, as growth revives in the new year.
    The number of Germans out of a job rose to 2.937 million in October, up 20,000 from the previous month. The consensus forecast in a Reuters poll of 31 economists was for unemployment to rise by 10,000.. Joblessness, however, remains near its lowest level since German reunification more than two decades ago. Labour Office data released on Tuesday showed the unemployment rate steady at 6.9 percent, unchanged from a revised figure for September. This stands in marked contrast to the chronic joblessness suffered by weaker members of the euro zone such as Spain, where one in every two young people is unemployed.
    "The weaker economic situation is having a noticeable impact on the (German) labour market. However, the jobs market overall is proving robust and is in good shape," said Frank-Juergen Weise, head of the Labour Office.

    US Stock index futures edge lower; cash indexes shut::
    U.S. stock index futures traded a touch lower on Tuesday, with cash equity indexes set to remain closed for a second day due to a severe storm hitting the East Coast.
    Futures for the S&P 500 fell 0.2 percent, Dow Jones futures shed 0.1 percent and contracts on the Nasdaq 100 were down 0.4 percent just a while ago.
    Sandy, one of the biggest storms ever to hit the United States, battered the nation's eastern seaboard on Tuesday, swamping New York City streets with record levels of floodwater, blacking out power to millions of people and bringing transport to a halt through much of the region.

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