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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Comment pages: 212223242526272829Show all

  1. ARCHANAREDDY Says:
    July 9th, 2012
    Posted at: 2:22 pm

    Hi CB, ok sir....
    intraday or holding.......


  2. Akash Says:
    July 9th, 2012
    Posted at: 2:22 pm

    Hi CB, Ok. So if Nifty sees 5450, will 5600 and 5800 see 40-45 and 8-10 respectively?


  3. Kannan Says:
    July 9th, 2012
    Posted at: 2:23 pm

    Sir pasting my previous query..

    , I entered 5300 CE @ 76, now its 65 do i need to exit now ?
    Also i hold 3 lots of BHEL 240CE @ 5.5 . Now its 4.3. Please advise.


  4. Anne Says:
    July 9th, 2012
    Posted at: 2:23 pm

    CB.. can ICICI see 910 range today if nifty touchs 5240 ?
    is it possible ?


  5. CB Says:
    July 9th, 2012
    Posted at: 2:25 pm

    Hi ARCHANAREDDY, 1-2 days

    Hi Akash, yes

    Hi Kannan, its a hold for now. both are good bets. nifty can test 5320 again. bhel around 238-240

    Hi Anne, yes.


  6. sunil Says:
    July 9th, 2012
    Posted at: 2:26 pm

    how is orchid chemical? can i buy @cmp?


  7. NEW2NIFTY Says:
    July 9th, 2012
    Posted at: 2:27 pm

    Shall I enter in Jain irrigation @ CMP?


  8. SUBRAMANI Says:
    July 9th, 2012
    Posted at: 2:29 pm

    Hi CB,
    i HAVE CAIRN 320 CALL OPTION AT 4.80 NOW IT IS 3.20. WHAT SHALL I DO? ANY OPTIONS TO BUY TO COVER LOSSES?


  9. CB Says:
    July 9th, 2012
    Posted at: 2:29 pm

    Hi sunil, looks weak. dont enter yet


    Hi NEW2NIFTY, can add in small quantity here


  10. ARCHANAREDDY Says:
    July 9th, 2012
    Posted at: 2:29 pm

    Hi CB, OK SIR....
    THANK U...


  11. PREETI Says:
    July 9th, 2012
    Posted at: 2:30 pm

    Hi CB
    Didnt understand.... :(
    can i buy ICICI Bank between 920-927 OR will price dip further?


  12. CB Says:
    July 9th, 2012
    Posted at: 2:30 pm

    Hi SUBRAMANI, hold it. can see 314 again

    Hi Akash, yes. hold them

    Hi ARCHANAREDDY, most welcome.


  13. chhaya Says:
    July 9th, 2012
    Posted at: 2:30 pm

    sir jet target today


  14. sanzy Says:
    July 9th, 2012
    Posted at: 2:30 pm

    holding 5300CE at 64 and RelInfra 560CE around 551 levels...
    pls advice should i exit today


  15. CB Says:
    July 9th, 2012
    Posted at: 2:31 pm

    Hi PREETI, no, dont enter it yet. lets wait

    Hi chhaya, can test 385

    Hi sanzy, yes, these are a hold for now. can expect a bounce from here.


  16. CB Says:
    July 9th, 2012
    Posted at: 2:31 pm

    ill be back in 30 min.

Comment pages:212223242526272829Show all

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