Quotes with Resistance & Support
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Intraday calls for 06-06-14

Posted on: June 6th, 2014 at 8:26 am

Markets likely to open slightly higher. Support for nifty is at 7480

Buy Kopran at 39.35, target: 43. Stoploss: 38. – (continue to hold, looks good technically)

9.29am Swing call – Buy Ajanta Pharma at 1191, target: 1225. Stoploss: 1174

03.06pm – Book profit in Amara Raja Batteries at 432.50

Thought for the day: “Wisdom is not a product of schooling but of the lifelong attempt to acquire it.”
― Albert Einstein

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450 Responses

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  1. Prathmesh Says:
    June 6th, 2014
    Posted at: 3:05 pm

    CB sir Amar raja's target is 431 or have you changed it?


  2. CB Says:
    June 6th, 2014
    Posted at: 3:05 pm

    Hi Kumar S S, best to book partial profits for now.


  3. CB Says:
    June 6th, 2014
    Posted at: 3:06 pm

    Hi Prathmesh, book for now.


  4. rana Says:
    June 6th, 2014
    Posted at: 3:06 pm

    Thank you TradeWarrior


  5. sankar Says:
    June 6th, 2014
    Posted at: 3:06 pm

    Hi CB
    Gruh now at 395 now Still hold till monday , tuesday. Bgt at 409.3


  6. CB Says:
    June 6th, 2014
    Posted at: 3:07 pm

    Hi sankar, yes, hold onto it for 2-3 days


  7. Prathmesh Says:
    June 6th, 2014
    Posted at: 3:07 pm

    CB sir buyers are double then sellers in Amar raja..!!


  8. RAJA Says:
    June 6th, 2014
    Posted at: 3:08 pm

    CB SIR, I AM HOLDING APOLO TYRES 195 CE. IS IT GOOD TO HOLD OR EXIT BY EOD? IF IT IS OK TO TO HOLD, MONDY AT WHAT LEVELS CAN WE SEE SIR. PLS ADVICE ME SIR


  9. sankar Says:
    June 6th, 2014
    Posted at: 3:09 pm

    Thanks CB. Was getting nervous!


  10. pradipta Says:
    June 6th, 2014
    Posted at: 3:09 pm

    SIT I BUY KOPRAN AT 39.40 , CAN ITS GOING TOWARD 40 TODAY OR I SELL OR I HOLD?


  11. kavya Says:
    June 6th, 2014
    Posted at: 3:10 pm

    hi Cb, i am holding SSLt short 1 lot at 306 ..Please advise whether to hold or exit


  12. CB Says:
    June 6th, 2014
    Posted at: 3:11 pm

    Hi Prathmesh, yes..

    Hi RAJA, book profit for now.


  13. K K Says:
    June 6th, 2014
    Posted at: 3:11 pm

    Hi CB,
    Could n't stay away from markets. :-)

    My observation - Many of the banks were trading lower than their intra-day highs that were made in the first half of the session. And the Future premiums are lesser that cash price.

    Is it the right time to book partial profits in Bank stocks ??


  14. CB Says:
    June 6th, 2014
    Posted at: 3:12 pm

    Hi sankar, most welcome it does look good. lets wait

    Hi pradipta, its a hold

    Hi kavya, its a hold for now

    Hi K K, :) yes.. guess best to book partial profits for now.


  15. pooja Says:
    June 6th, 2014
    Posted at: 3:12 pm

    Help me sir , i hv 100 sintex at 80 from 2years and gmr at 24 shall i exit or wait as they are falling as marrket going high...help me please


  16. CB Says:
    June 6th, 2014
    Posted at: 3:13 pm

    Hi pooja, these are going good. would advice to hold onto these for another 1-2 months

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