Quotes with Resistance & Support
Market Information

Intraday calls for 04-07-11

Posted on: July 4th, 2011 at 8:27 am

Markets likely to see a gap up opening. Support for nifty is at 5610

Buy Axis bank above 1317, target: 1333. Stoploss: 1302 – (Book profit in Axis bank at 1330)

9.52am – Book profit in Zydus wellness at 662

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442 Responses

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  1. CB Says:
    July 4th, 2011
    Posted at: 1:44 pm

    Hi JR, yes, hold it. its near strong resistance levels. if possible hedge with a nifty call


  2. Roz Says:
    July 4th, 2011
    Posted at: 1:44 pm

    Hi CB,

    I stuck in GVK short position,

    I am loosing 12000/- should i book a loss, kindly advise pls.....


  3. kanifb Says:
    July 4th, 2011
    Posted at: 1:44 pm

    Hi CB,

    How is GTL Infra ? It got hammered a lot due to sale of pledge shares which company denies . Is it a good time to buy


  4. Kands Says:
    July 4th, 2011
    Posted at: 1:45 pm

    CB Sir. Also would you still advise to go short with Kajaria or any other 2 digit equity you would recommend.


  5. Joginder Singh Says:
    July 4th, 2011
    Posted at: 1:45 pm

    Hi CB/Karti ji G.A. Sir, i am holding jubl food at 894 for last 2-3 daus. It future pl & reasons for its downfall.


  6. tarun Says:
    July 4th, 2011
    Posted at: 1:46 pm

    hi CB,

    how does nifty look ?
    5630 or 5680 ?


    thanks


  7. CB Says:
    July 4th, 2011
    Posted at: 1:46 pm

    Hi Roz, would advice to enter its call for now. overall it looks weak. once nifty sees profit booking, it will come down.

    Hi kanifb, not really sure yet. stock despite the recent fall is seeing no short covering

    Hi Kands, no, don't go short on these yet.


  8. Prabhu Says:
    July 4th, 2011
    Posted at: 1:47 pm

    hi CB - u suggested that Kajaria will reach 102..it is almost reaching...bt what do u suggest - exit at 102 or shud i stay for better result in 1-2 week time?? I can hold it for 1-2 week


  9. Wasey Says:
    July 4th, 2011
    Posted at: 1:47 pm

    HI, Buy MRPL for a target of 94.


  10. CB Says:
    July 4th, 2011
    Posted at: 1:48 pm

    Hi Joginder Singh, Good afternoon. its seeing some profit booking. hold it for short term. its a good bet

    Hi tarun, possible may remain a bit positive today. in coming days, can test 5600

    Hi Prabhu, book partial near 102. hold rest for short term. stock has turned a bit strong technically


  11. CB Says:
    July 4th, 2011
    Posted at: 1:48 pm

    Hi Wasey, it can head upto 86. not sure of 95 yet.


  12. Kands Says:
    July 4th, 2011
    Posted at: 1:48 pm

    Tx Sir. Shall heed your advice.


  13. CB Says:
    July 4th, 2011
    Posted at: 1:49 pm

    Hi Kands, most welcome.


  14. JR Says:
    July 4th, 2011
    Posted at: 1:50 pm

    ok sir..with NIFTY5700CE...


  15. CB Says:
    July 4th, 2011
    Posted at: 1:50 pm

    Hi JR, yes.


  16. @ GODSE @ Says:
    July 4th, 2011
    Posted at: 1:51 pm
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