Intraday calls for 08-06-15

Quotes with Resistance & Support

Market Information

Intraday calls for 08-06-15

Posted on: June 8th, 2015 at 8:42 am

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Markets likely to open flat. Support for Nifty is at 8050 (closing basis) and resistance at 8220. Bank nifty is support at 17400 and resistance at 17700

Buy Aegis logistics around 725, target: 740. Stoploss: 715

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118 Responses

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ganesh r Says:
June 8th, 2015
Posted at: 12:03 pm
Dear CB! Downside target for tatamotors today?
ravi Says:
June 8th, 2015
Posted at: 12:04 pm
hi cb,
how are you? what is your view abt REI Agro ltd.? i bought 4@1000 & 2.3@1000 now this share very downtread always.. can i average this level cmp 0.50???
And what abt lanco infra? can i buy right now cmp 4.20????

pls advise..!! thank you...
CB Says:
June 8th, 2015
Posted at: 12:04 pm
Hi ganesh r, can test 427
CB Says:
June 8th, 2015
Posted at: 12:05 pm
Hi ravi, I did reply above. dont add more of rei yet. looks weak. if monsoon is normal can expect some recovery in next 6-8 months. LITL is in a downtrend. avoid it.
ganesh r Says:
June 8th, 2015
Posted at: 12:05 pm
THANK YOU, CB!
CB Says:
June 8th, 2015
Posted at: 12:06 pm
Hi ganesh r, most welcome.
Mrp Says:
June 8th, 2015
Posted at: 12:07 pm
Hi CB , ok . After 40+k loss today SPARC bouce back. Bad luck. Mow BBtl also going down.
CB Says:
June 8th, 2015
Posted at: 12:08 pm
Hi Mrp, Yes, avoid going aggressive on the long side for now as markets are going weak.can trade in small quantities till market settle a bit. shall recover the losses in near term.
ravi Says:
June 8th, 2015
Posted at: 12:09 pm
thank you sir... and more what is ur view of educomp solutions?
could i buy?
CB Says:
June 8th, 2015
Posted at: 12:10 pm
Hi ravi, most welcome. its in a downtrend. avoid it.
Rohit Says:
June 8th, 2015
Posted at: 12:10 pm
Hi CB, Chambal is killing. Its acting as a slow poison. Please advise :)
bhushan Says:
June 8th, 2015
Posted at: 12:11 pm
Hello Sir,
Any Penny Stock between 1-10 rs for 3-5 yrs. I am searching many penny stock but I am confuse about which one to pick up.
CB Says:
June 8th, 2015
Posted at: 12:12 pm
Hi Rohit, yes, markets are going quite weak. if possible hold longer. will do well once markts improve
Hi bhushan, can look to add nila infra, lpdc on dips.
Arjun Bharath Says:
June 8th, 2015
Posted at: 12:13 pm
Hi Sir,
Target for Arvind, Fedbank and SAIL on down side?
CB Says:
June 8th, 2015
Posted at: 12:14 pm
Hi Arjun Bharath, if nifty closes below 8050, these can correct by another 5-7%
Arjun Bharath Says:
June 8th, 2015
Posted at: 12:15 pm
Thank you sir