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Intraday calls for 01-06-15

Posted on: June 1st, 2015 at 8:27 am

Markets likely to open slightly lower. Nifty has support at 8350 and resistance at 8520. Bank Nifty has support at 18500 and resistance at 18950

Buy K E C International at 121.30, target: 126. Stoploss: 117.5 – (Continue to hold KEC for BTST. looks strong technically)

Thought for the day: Never tell your problems to anyone…20% don’t care and the other 80% are glad you have them. – Lou Holtz

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225 Responses

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  1. ganesh r Says:
    June 1st, 2015
    Posted at: 8:31 am

    Dear CB! Any bank stocks to short?


  2. pankaj Says:
    June 1st, 2015
    Posted at: 8:33 am

    good morning cb sir. holding rcom jun future, shall i exit on rise on monday morning or hold for a week. my buyin price is Rs. 72/-. thanx


  3. CB Says:
    June 1st, 2015
    Posted at: 8:35 am

    Hi RM, oriental can test 225 in coming days. muthoot around 210

    Hi Ranga, does look strong. can test 75

    Hi ganesh r, no, best to avoid shorting till tomorrow. cannot be sure what the outcome of RBI meet would be

    Hi pankaj, Good morning. its a hold. above 70 can test 76.


  4. Sona Says:
    June 1st, 2015
    Posted at: 8:38 am

    Hi CB, good morning...what s your view on BHEL and tomoro is RBI policy..the whole market is expecting 25p rate cut would be there....any call based on this???


  5. parikh Says:
    June 1st, 2015
    Posted at: 8:38 am

    Good mrng cb sir
    What can we see the levels of reliance today?
    Have stocks at 880.I want to exit can we expect some upward movement today?


  6. CB Says:
    June 1st, 2015
    Posted at: 8:42 am

    Hi Sona, Good morning. it wont have any impact on bhel. technically it has resistance at 255. if unable to cross this can see some selling pressure. can look to go short after results of RBI meet. as of now no call

    Hi parikh, Good morning. can test 890. can hold onto it for short/ med term. is a strong bet. has support near 870


  7. suru Says:
    June 1st, 2015
    Posted at: 8:42 am

    hi cb gm
    can enter maxwell at this price , any intra day target


  8. CB Says:
    June 1st, 2015
    Posted at: 8:45 am

    Hi suru, Good morning. can add few. can test 74.5-75


  9. ruchit Says:
    June 1st, 2015
    Posted at: 8:47 am

    Good Morning!!

    what do you think of oriental bank of commerce for intraday?


  10. CB Says:
    June 1st, 2015
    Posted at: 8:49 am

    Hi ruchit, Good morning. can test 218.


  11. ruchit Says:
    June 1st, 2015
    Posted at: 8:50 am

    Thanks!!


  12. suru Says:
    June 1st, 2015
    Posted at: 8:50 am

    thanks cb


  13. CB Says:
    June 1st, 2015
    Posted at: 8:51 am

    Hi ruchit, most welcome

    Hi suru, most welcome.


  14. Harsha Says:
    June 1st, 2015
    Posted at: 8:52 am

    Hi CB, if RBI rate cut happen will it be positive for Indus Ind bank?
    Any targets for Indus Ind for 1 week. ?
    Thanks.


  15. CB Says:
    June 1st, 2015
    Posted at: 8:52 am

    Hi Harsha, yes, possible opens 2% higher. can test 910 if markets remain strong.


  16. sandy Says:
    June 1st, 2015
    Posted at: 8:53 am

    good morning cb

    Please ur veiw on following stocks
    Autopharma
    MARICO
    LUPIN
    UPL
    WELSPUNIND
    APOLLOTYRE

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