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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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  1. pradip Says:
    October 26th, 2011
    Posted at: 4:38 pm

    hi kartik
    can nifty futures be traded today?


  2. Kartik Says:
    October 26th, 2011
    Posted at: 4:39 pm

    Hi pradip, Yes

    Hi dak, you may enter its futures for 1-2 days


  3. cvrprakash Says:
    October 26th, 2011
    Posted at: 4:39 pm

    Kartik,

    Sesa goa... Can I buy a PA today?


  4. krishna Says:
    October 26th, 2011
    Posted at: 4:40 pm

    sir..chambal targets for today..


  5. Micky-intrday Says:
    October 26th, 2011
    Posted at: 4:41 pm

    hey hie having polaris @ 139.50 where shld i sell it today itself tell me


  6. Kartik Says:
    October 26th, 2011
    Posted at: 4:41 pm

    Hi cvrprakash, enter if it breaks 208

    Hi krishna, can see 91


  7. Kartik Says:
    October 26th, 2011
    Posted at: 4:42 pm

    Hi Micky-intrday, around 144


  8. sai Says:
    October 26th, 2011
    Posted at: 4:42 pm

    Hi CB / Kartik Happy Diwali. Thanks will do in IDFC


  9. dak Says:
    October 26th, 2011
    Posted at: 4:42 pm

    Thanks kartik. And would you recommend buying a nifty call to hedge my shorts ?


  10. CB Says:
    October 26th, 2011
    Posted at: 4:43 pm

    Hi sai, Happy Diwali..

    Hi dak, yes. if nifty manages to trade above 5200 for some tme today, hedge with a call


  11. dak Says:
    October 26th, 2011
    Posted at: 4:44 pm

    thanks cb.


  12. Kb Says:
    October 26th, 2011
    Posted at: 4:45 pm

    Hi..


  13. CB Says:
    October 26th, 2011
    Posted at: 4:46 pm

    Hi dak, most welcome

    Hi Kb, Good evening..


  14. Kb Says:
    October 26th, 2011
    Posted at: 4:49 pm

    Hi CB, Good Evening :)


  15. pradip Says:
    October 26th, 2011
    Posted at: 4:50 pm

    HI CB
    RESISTANCE FOR NIFTY TODAY? THINKING OF SHORTING NIFTY FOR INTRADAY GAINS?


  16. K K Says:
    October 26th, 2011
    Posted at: 4:51 pm

    Hi CB,
    Where do u see SBI tomorrow ?

    Will the markets sustains above 5200 levels tomorrow or will it start falling like last diwali ?

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