Intraday calls for 09-07-12
Markets likely to open slightly lower. Support for nifty is at 5270 and resistance at 5360
Buy Reliance Industrial Infrastructure (RIIL) at 455, target: 470. Stoploss: 445 – (Exit from RIIL at 450. Short term traders can continue to hold for 1-2 days)
For a technical view on Nifty, RIIL & Adani Enterprises, click here:
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CB Says:
July 9th, 2012
Posted at: 8:35 am
Hi DR, Good morning.it has resistance at 425 levels. above this can test 440.
Subin Says:
July 9th, 2012
Posted at: 8:36 am
Thanks..have a great week
CB Says:
July 9th, 2012
Posted at: 8:36 am
Hi Subin, you too have a good week.
Akash Says:
July 9th, 2012
Posted at: 8:37 am
Hi CB, GM. So I wil hold CEs (5600 and 5800) for few more days. Hope they will do better? Also, shud I hold kernex for today's target 65-66 or exit and buy Jindal SW or Igarashi Motors for today.
Sandip Says:
July 9th, 2012
Posted at: 8:38 am
Good morning CB...
sanzy Says:
July 9th, 2012
Posted at: 8:38 am
how to play Nifty today
varughese Says:
July 9th, 2012
Posted at: 8:38 am
Hi CB,
What do u think about buying for intra day United spirits and Walchandnagar?
varughese Says:
July 9th, 2012
Posted at: 8:39 am
I am long on Pantaloon
CB Says:
July 9th, 2012
Posted at: 8:40 am
Hi Akash, yes, hold these. dont enter these stocks yet
Hi Sandip, Good morning
Hi sanzy, can look to go long on dips
Hi varughese, united is near resistance levels. dont enter yet. not sure of walchandnagar.
CB Says:
July 9th, 2012
Posted at: 8:41 am
Hi varughese, Pantaloon can test 200 again
Akash Says:
July 9th, 2012
Posted at: 8:42 am
Hi CB, Ok. SO hold Kernex for today;s target 65 at least. Also, I have 60 Nila Infra. Shud I add more for 2 years target 50+?
CB Says:
July 9th, 2012
Posted at: 8:43 am
Hi Akash, yes. hold these for now. don't add more yet
Kamal Says:
July 9th, 2012
Posted at: 8:44 am
Target for kotak bank Y
Sourav Says:
July 9th, 2012
Posted at: 8:45 am
Hi CB sir,
can I enter NIFTY PE 5300 ?
CB Says:
July 9th, 2012
Posted at: 8:45 am
Hi Kamal, can test 610-611
CB Says:
July 9th, 2012
Posted at: 8:46 am
Hi Sourav, no, don't enter a pe yet. above 5200 looks strong. can look to enter a ce on dips.