Quotes with Resistance & Support
Market Information

Intraday calls for 03-07-13

Posted on: July 3rd, 2013 at 8:24 am

Markets likely to see a gap down opening. Support for nifty is at 5780.

If markets show recovery later during the day, buy: Lupin

Continue to hold onto 5900ce.

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249 Responses

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Comment pages: 8910111213141516Show all

  1. Mohankumar Says:
    July 3rd, 2013
    Posted at: 4:38 pm

    Hello CB/karthik,

    I am holding 2,000 LIC at 242; can I hold or exit at the Current level?


  2. CB Says:
    July 3rd, 2013
    Posted at: 4:47 pm

    Hi JAK, its a good short term bet. hold onto it. can test 1350. tomorrow seems may open a bit flat

    Hi Shiju, most welcome

    Hi Mohankumar, its a hold with sl at 236 for now. has good support in the 236-240 zone


  3. PKP Says:
    July 3rd, 2013
    Posted at: 4:49 pm

    Hindustan copper offer for sale oversubscribed 1.2 times


  4. shweta Says:
    July 3rd, 2013
    Posted at: 5:53 pm

    Do you think that SBI will decline further.


  5. YASIR ARAFATH Says:
    July 3rd, 2013
    Posted at: 7:17 pm

    Sir...What happen in unitech....see more fall tomorrow????


  6. Kartik Says:
    July 3rd, 2013
    Posted at: 7:26 pm

    Hi shweta, yes, it does look weak overall

    Hi PKP, thanks for the update


  7. Kumar Says:
    July 3rd, 2013
    Posted at: 8:22 pm

    Hi CB/Karthik,

    I am holding IDFC 2 lots @ 131, can i continue to hold? if so, please let me know best price to safe exit.

    Rega


  8. Sohan Says:
    July 3rd, 2013
    Posted at: 8:40 pm

    Hello CB,

    Your views on Oil.

    Can I go short at CMP

    Sohan


  9. Kartik Says:
    July 3rd, 2013
    Posted at: 8:56 pm

    Hi Kumar, below 130 it looks weak, enter a PE and exit from the long

    Hi Sohan, sorry, not really sure of crude for now


  10. Palash P Says:
    July 3rd, 2013
    Posted at: 9:17 pm

    hi cb sir, kartik sir how is tatastill for tomorrow


  11. MARIE Says:
    July 3rd, 2013
    Posted at: 9:33 pm

    hi cb g,i have jintalsteel@204,now 216,any chance to move up


  12. Ravi Says:
    July 3rd, 2013
    Posted at: 9:48 pm

    hi kartik, holding voltas @ 79.7 & 89.7 lvl, sintex @ 40.2 , 45.6 & 50.4, unitech @ 25 kindly suggest fundamentally these companys strong should i keep averaging them or they become a penny stock
    can average them after evrey 15 days for 1 year if u suggest


  13. Vijay Says:
    July 3rd, 2013
    Posted at: 9:59 pm

    Hello CB, Karthik,

    I am in the process of learning T A, having read through a few books and found the H S pattern on the hourly chart for Nifty, with a target at 5623 for the HS pattern which was tested earlier (June series), formed a diamond pattern (?) and Nifty retraced to the neckline at 5903, failed to inch higher and is heading lower. Can we assume the price target for the down-move yet again at 5623? or am i reading it all wrong....

    Link for the image:

    http://s14.postimg.org/x353lhs69/NIFTY_Primary_Analysis_Jul_03_2157_PM_1_hou.png

    Thanks in advance for your response.

    Vijay


  14. Dathha Says:
    July 3rd, 2013
    Posted at: 10:17 pm

    Dear sir,dabur india price is raising with decrease in open interest...can we consider it as short covering???


  15. Kartik Says:
    July 3rd, 2013
    Posted at: 10:35 pm

    Hi Palash P, can see 265

    Hi MARIE, hold it with a trailing SL at 214 for few days, can add some more gains ahead if markets trade strong

    Hi Ravi, since they are near your CMP, it would be safer to exit from them for now as they look weak overall, re-enter once Markets settle

    Hi Vijay, for now the next strong support is at 5680, if broken can see lower levels ahead, would be better to track for daiyl/weekly charts instead

    Hi Dathha, above 150 it looks strong


  16. Dipu Says:
    July 3rd, 2013
    Posted at: 10:35 pm

    Pls reply my post ? posted at 12.22 PM

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