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Muhurat Trading – 26-10-11

Posted on: October 26th, 2011 at 4:14 pm

Markets likely to open a bit higher. Support for nifty is at 5160.

Buy IDFC at 129, target: 134. Stoploss: 124 (1-2 day hold)

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226 Responses

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Comment pages: 789101112131415Show all

  1. Subhag Ghosh Says:
    October 27th, 2011
    Posted at: 8:30 pm

    Tomarrow,if nifty opens at 5350, then what will be trading stratergy.


  2. CB Says:
    October 27th, 2011
    Posted at: 8:34 pm

    Hi Rajesh Iyer, thanks.. wish you the same.. Happy Diwali..

    Hi Subhag Ghosh, not really sure yet.. guess may consolidate for few days?


  3. Subhag Ghosh Says:
    October 27th, 2011
    Posted at: 9:42 pm

    Have a look at sgx nifty, trading at 5417.


  4. DJ Says:
    October 27th, 2011
    Posted at: 9:51 pm

    Call firebrigade....dow is on fire including sgx nifty--12193 & 5417


  5. CB Says:
    October 27th, 2011
    Posted at: 10:23 pm

    Hi Subhag Ghosh, yes... lets see how it reacts after opening. there have been negative news flow of rising inflation


  6. Aman Says:
    October 27th, 2011
    Posted at: 11:31 pm

    Gud Nite CB..

    Sleep Well..


  7. CB Says:
    October 27th, 2011
    Posted at: 11:47 pm

    Hi Aman, Good night..


  8. Gitanjali Says:
    October 28th, 2011
    Posted at: 12:01 am

    Hi CB, Thanks ...but cannot ever rely on any stocks these days .. you never know from where a scam can crop up... But am holding on to MF's and they may do good eventually..
    and may be invest in gold etfs ...because i'm told , that gold gives better returns.
    Thanks again.
    Hi thavva, I wish you all the best.Be careful how you trade ... Keep sl or hedge ..when ever possible Hi Vishnu Dutt, You sound so optimistic ...I honestly hope you recover and make profits too..


  9. Mrs Kiran S Says:
    October 28th, 2011
    Posted at: 12:13 am

    SGX NIFTY TOUCHED 5440. Whether our markets can go that much or just a spike bcoz our mkts were closed?


  10. tuff money Says:
    October 28th, 2011
    Posted at: 12:14 am

    cb sgx is showing 5445... could we possibly open at such levels ?


  11. cvrprakash Says:
    October 28th, 2011
    Posted at: 3:54 am

    Dear CB,

    Answer me when you wake up in the morning.
    Great Offshore looking good in charts, can I buy?
    If yes.. What should be the SL and target I can expect?
    Thanks.


  12. CB Says:
    October 28th, 2011
    Posted at: 7:33 am

    Hi Gitanjali, yes. investing in mf's is always safe

    Hi Mrs Kiran S, yes, likely to open 70-80 points higher

    Hi tuff money, as of now seems may open near 5300

    Hi cvrprakash, its in a downtrend. has support at 108. considering markets are going strong, one can enter in small quantity. can test 122.


  13. Lalit Says:
    October 28th, 2011
    Posted at: 8:07 am

    Good Morning CB,

    What the tatamotor DVR position today


  14. CB Says:
    October 28th, 2011
    Posted at: 8:13 am

    Hi Lalit, Good morning. it can see 108.5


  15. thavva Says:
    October 28th, 2011
    Posted at: 8:18 am

    Hi CB, Good morning
    Hi Gitanjali, Sure, thank you!


  16. CB Says:
    October 28th, 2011
    Posted at: 8:29 am

    Hi thavva, Good morning.

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