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Intraday calls for 31-10-12

Posted on: October 31st, 2012 at 8:31 am

Markets likely to open flat, Nifty resistance at 5640. support at 5550

Buy ICICI Bank on dips – (Book profit in ICICI bank at 1048-1049)

11.23am – All holding longs, can enter a 5500pe to hedge. cmp: 41.90, target: 54. Stoploss: 5635 on nifty (spot)

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455 Responses

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  1. amit Says:
    October 31st, 2012
    Posted at: 1:19 pm

    Hi all....... from this week onwards EURO MARKET open @ 1.30pm


  2. taj Says:
    October 31st, 2012
    Posted at: 1:20 pm

    i think nifty will go up same like sanghai


  3. BHARATH Says:
    October 31st, 2012
    Posted at: 1:21 pm

    Bank Nifty is moving up so as Nifty. Any reson/ News ? or this is a technical Bounce. ?


  4. H A M Says:
    October 31st, 2012
    Posted at: 1:22 pm

    Good afternoon All,

    We got very boring market today, nifty trading in narrow range. Shall short only if breaks 5585 for the target of 5550/30. Puts has high OI compared with calls which means most of the people were expecting the fall, hence, buying puts. Let's see wht happens......


  5. Buzzingstreet Says:
    October 31st, 2012
    Posted at: 1:24 pm

    As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.


  6. CB Says:
    October 31st, 2012
    Posted at: 1:24 pm

    Hi H A M, Good afternoon

    Hi BHARATH, don't see any news yet

    Hi Sandip, not open yet

    Hi sankar, does look good. hold onto it.

    Hi chhaya, can see 260 in coming days


  7. CB Says:
    October 31st, 2012
    Posted at: 1:24 pm

    Hi Nagesh, yes, will need to hold it a bit longer.


  8. H A M Says:
    October 31st, 2012
    Posted at: 1:25 pm

    Hi Prams, Zerodha is best for options and it's good for the people who trade in bulk quantity like me, personally am very satisfied with their service and their software provides more than 40+ technical indicators and various charts which were very useful for intra-day. Verify with some experts before following. Just shared my opinion.


  9. Tirumala Rao Says:
    October 31st, 2012
    Posted at: 1:26 pm

    Hi CB,what would be the target for DLF today .. I short it today.


  10. chhaya Says:
    October 31st, 2012
    Posted at: 1:26 pm

    bur sir i by for intraday so ple target of lic


  11. H A M Says:
    October 31st, 2012
    Posted at: 1:26 pm

    Hi CB, Good afternoon sir!! Hope u r doing great!!


  12. newbie Says:
    October 31st, 2012
    Posted at: 1:26 pm

    Hi CB, holding nitin fire @ 68. plz advise


  13. VJ Says:
    October 31st, 2012
    Posted at: 1:26 pm

    shall i enter 5500 pe now..? but i have no long positions !


  14. CB Says:
    October 31st, 2012
    Posted at: 1:26 pm

    Hi Tirumala Rao, can see 197 again


    Hi chhaya, ok. in intraday can add 2-3rs from here.


  15. CB Says:
    October 31st, 2012
    Posted at: 1:27 pm

    Hi H A M, yes, hope you too

    Hi newbie, yes, its a hold for 1-2 days. looks good

    Hi VJ, yes, can enter it.


  16. taj Says:
    October 31st, 2012
    Posted at: 1:28 pm

    ham sir,can zerodha provide chart indicater

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