Quotes with Resistance & Support
Market Information

Intraday calls for 09-07-12

Posted on: July 9th, 2012 at 8:24 am

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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477 Responses

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  1. 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.


  2. Subin Says:
    July 9th, 2012
    Posted at: 8:36 am

    Thanks..have a great week


  3. CB Says:
    July 9th, 2012
    Posted at: 8:36 am

    Hi Subin, you too have a good week.


  4. 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.


  5. Sandip Says:
    July 9th, 2012
    Posted at: 8:38 am

    Good morning CB...


  6. sanzy Says:
    July 9th, 2012
    Posted at: 8:38 am

    how to play Nifty today


  7. 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?


  8. varughese Says:
    July 9th, 2012
    Posted at: 8:39 am

    I am long on Pantaloon


  9. 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.


  10. CB Says:
    July 9th, 2012
    Posted at: 8:41 am

    Hi varughese, Pantaloon can test 200 again


  11. 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+?


  12. CB Says:
    July 9th, 2012
    Posted at: 8:43 am

    Hi Akash, yes. hold these for now. don't add more yet


  13. Kamal Says:
    July 9th, 2012
    Posted at: 8:44 am

    Target for kotak bank Y


  14. Sourav Says:
    July 9th, 2012
    Posted at: 8:45 am

    Hi CB sir,
    can I enter NIFTY PE 5300 ?


  15. CB Says:
    July 9th, 2012
    Posted at: 8:45 am

    Hi Kamal, can test 610-611


  16. 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.

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