The Nifty Trading Lounge

[bpr]

Hi Taurus1
ur views on SBI pls? How much down side from here on for current expiry?

 

[MurAtt]

Oops ... downsides seen now ....

12:19 PM - Nifty F&O Call: Buy with a 3-4 day target of 5400 (spot level) and stop loss of 5260 (spot level), says Santosh Kumar Singh, technical analyst, on CNBC Awaaz.

12:15 PM - Nifty F&O Call: Buy at 5300-5320 with a 3-4 day target of 5480 (spot level) and stop loss of 5270 (spot level), says JK Doshi, technical analyst, on CNBC Awaaz.


12:12 PM - Nifty F&O Call: Sell with a 2-3 day target of 5200 (spot level) and stop loss of 5340 (spot level), says Rajendra Patel, technical analyst, on CNBC Awaaz. Already hit SL today.


12:08 PM - Nifty F&O Call: Buy with 2-3 day targets of 5370-5420 (spot level) and stop loss of 5290 (spot level), says Manoj Sachdeva of Hem Securities on CNBC Awaaz.


12:05 PM - Nifty F&O Call: Buy with a 3-4 day target of 5450 (spot level) and stop loss of 5260 (spot level), says Somil Mehta of Sharekhan on CNBC Awaaz.

 

[Taurus1]

Hi Taurus1
ur views on SBI pls? How much down side from here on for current expiry?

Hi bpr, I'm looking to buy it on Monday with a 1% stop.

 

[sudris]

Hi bpr, I'm looking to buy it on Monday with a 1% stop.

Nifty wants to fall but how long ITC is going to resist it? ITC is been doing blunders since last 3-4 sessions.

@Taurus, your views on, if you track, BhartiAirtel based on astro?

 

[MurAtt]

Hi bpr, I'm looking to buy it on Monday with a 1% stop.

Almost went long 1950CE on Friday EOD - but price would take some time to reverse imo ... lets see ....

@Sudris - Airtel - went long at 256 in equity cash. Will hold.



And as just an interesting observation - not related to any pattern etc BUT a coincidence -

 

[Taurus1]

Nifty wants to fall but how long ITC is going to resist it? ITC is been doing blunders since last 3-4 sessions.

Welcome back, sudris.
ITC will continue to hold up, damage will come from other index heavies.

@Taurus, your views on, if you track, BhartiAirtel based on astro?

Buy calls, it should turn from here.
http://www.nseindia.com/live_market...t=OPTSTK&date=-&segmentLink=17&segmentLink=17

 

[Taurus1]

 

[Taurus1]

 

[sudris]

@Sudris - Airtel - went long at 256 in equity cash. Will hold.

Welcome back, sudris.
ITC will continue to hold up, damage will come from other index heavies.
Buy calls, it should turn from here.
http://www.nseindia.com/live_market...t=OPTSTK&date=-&segmentLink=17&segmentLink=17

Thanks MurAtt and Taurus.
I've similar view but still feel a bit dicey about this series as quite a few days left, thanks to the 2 trading holidays in coming 2 weeks.

Equity seems safe but I can't figure out firmly how long the pull back would be.

 

[Arsh]

After Airtel, it's Reliance communication which has booked low profit margins coz of intense competition...

By comparison, shares in mobile market leader Bharti Airtel, which reported this week its 10th straight quarter of profit decline, are down more than a quarter this year. Idea Cellular shares have lost about a tenth of their value.