Quotes with Resistance & Support
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Intraday calls for 04-07-14

Posted on: July 4th, 2014 at 8:32 am

Markets likely to open flat. Resistance for nifty is at 7750 and support at 7680.

Buy Indian Overseas bank at 83.35, target: 87. Stoploss: 81.50 – (Continue to hold IOB for BTST)

Thought for the day: I have not failed. I’ve just found 10,000 ways that won’t work. ~Thomas A. Edison

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498 Responses

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  1. ibull Says:
    July 4th, 2014
    Posted at: 2:23 pm

    Hi ankush, he he. fight going on between bulls and bears. lets see who wins :)


  2. K K Says:
    July 4th, 2014
    Posted at: 2:24 pm

    Hi ankush, No problem, If you (and me) have money, we would definitely buy stocks and would have gained smart money by now.
    But If you (and me) learn few new techniques to play in the markets, we can earn in any type of market whether it is BULLS or BEARS.

    Lets learn to play :-)


  3. Jayson Says:
    July 4th, 2014
    Posted at: 2:28 pm

    Hi K K,

    You mean IOB? Shall I take it delivery at CMP?


  4. ankush Says:
    July 4th, 2014
    Posted at: 2:28 pm

    Hi K K,
    EXACTLY....:-)


  5. ankush Says:
    July 4th, 2014
    Posted at: 2:29 pm

    Hi ibull,

    BULL MY DEAR BULL WILL WIN


  6. ibull Says:
    July 4th, 2014
    Posted at: 2:31 pm

    Hi ankush, Yes. Lets hope so :)


  7. K K Says:
    July 4th, 2014
    Posted at: 2:32 pm

    Hi Jayson, Yes, IOB. If Bank Nifyt sustains in GREEN, all banking stocks would do well.

    Hi All,
    Those who are holding YES BANK, the maximum target for the stock in the Bull run is 600 - 620 lelvels. Note this point and book profits at that levels.
    Risky traders can take PUT option at those levels.


  8. Nilesh Says:
    July 4th, 2014
    Posted at: 2:33 pm

    Hi K K, Today Got BHEL 300 CE @ 3.10

    Can see BHEL above 263 or need to wait for Monday


  9. K K Says:
    July 4th, 2014
    Posted at: 2:34 pm

    Hi ibull,
    I think, at this instance, BULLS and BEARS are same people. They just change their parties and create panic in the market and gain on both sides.


  10. Sandeep Says:
    July 4th, 2014
    Posted at: 2:34 pm

    Hi KK,
    what is you opinion on ADANI ENT cmp 504, is it right time to enter? or can we expect some profit booking on monday?

    And please share your blog link, i missed it

    thanks a lot in advance


  11. Prathmesh Says:
    July 4th, 2014
    Posted at: 2:35 pm

    CB sir is IOC to carry as BTST for monday?


  12. K K Says:
    July 4th, 2014
    Posted at: 2:35 pm

    Hi Nilesh, Just now, came into GREEN. Let;s see how Bank Nity and Nifty moves in the last hour.


  13. TradeWarrior Says:
    July 4th, 2014
    Posted at: 2:36 pm

    Hi Deepesh Juvekar, Ur welcome

    Hi Ridhhi, Infra L&T an bhel are top stock in that sector, out of the box would like you to check out KABRAEXTRU (Support 58,60..Resistance 65, 69)


  14. Jayson Says:
    July 4th, 2014
    Posted at: 2:36 pm

    Hi K K,

    Took delivery of 1000 qty @ 84.85


  15. anushri Says:
    July 4th, 2014
    Posted at: 2:37 pm

    nifty ce 7800 on moving :)


  16. K K Says:
    July 4th, 2014
    Posted at: 2:38 pm

    Hi Sandeep, I don't think panic ness continues on monday. It should start moving new highs

    Adani Enterprises would move to 515 / 525 / 540 levels. Any surprise move towards elction time high lvels, will be a sure shot sell call on the stock. Take in small quantity.

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