Quotes with Resistance & Support
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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. varughese Says:
    July 9th, 2012
    Posted at: 8:59 am

    What do u think about Pantaloon CB.? I am long on it..pl.advise


  2. CB Says:
    July 9th, 2012
    Posted at: 8:59 am

    Hi chandu, Good morning. technically looks good. can test 5350 in coming days.


  3. CB Says:
    July 9th, 2012
    Posted at: 9:00 am

    Hi varughese, most welcome

    Hi sundaram, its facing resistance at 66 levels. once manages to cross it, will do well

    Hi varughese, it can test 200 again. hold it. technically looks good


  4. varughese Says:
    July 9th, 2012
    Posted at: 9:00 am

    I think today one can enter to idea as there is a news of refund of penalty for vodaphone whats ur opinion CB?


  5. varughese Says:
    July 9th, 2012
    Posted at: 9:01 am

    Thank you for your kind advise CB


  6. chhaya Says:
    July 9th, 2012
    Posted at: 9:01 am

    siir can i by pfc an rec and idfc today


  7. c Says:
    July 9th, 2012
    Posted at: 9:02 am

    goodmorning cb. exited 1 lot of nifty shorts on friday. now holding 2 shorts at 5160. should i average today again or just hold on these 2 shorts. what level could nifty retrace where i should book my loss?


  8. CB Says:
    July 9th, 2012
    Posted at: 9:03 am

    Hi varughese, not really sure how Idea would react to this news

    Hi chhaya, no, not yet

    Hi c, Good morning. yes, hold or now. on dips shall enter couple of 5300 ce's to hedge.


  9. chhaya Says:
    July 9th, 2012
    Posted at: 9:03 am

    sir sugar sector going up today your view


  10. c Says:
    July 9th, 2012
    Posted at: 9:04 am

    at what level in futures should i enter in ce's. thanks in advance


  11. NEW2NIFTY Says:
    July 9th, 2012
    Posted at: 9:05 am

    Hi CB, GM, Target for LIC Please, thx


  12. CB Says:
    July 9th, 2012
    Posted at: 9:07 am

    Hi chhaya, yes, has been seeing some buying interest lately

    Hi c, around 5250-5270

    Hi NEW2NIFTY, Good morning. today may remain a bit flat. may consolidate a bit after recent upmove.


  13. dineshknp Says:
    July 9th, 2012
    Posted at: 9:07 am

    hi cb, short on icici bank @862 and long on axisbank @1035? please suggest?


  14. CB Says:
    July 9th, 2012
    Posted at: 9:09 am

    Hi dineshknp, hold for now. icici can test 910 again. axis has strong resistance near 1060. can see selling pressure from here.


  15. sundaram Says:
    July 9th, 2012
    Posted at: 9:11 am

    today any short term calls


  16. Kb Trader Says:
    July 9th, 2012
    Posted at: 9:12 am

    Hi CB, heyyyyyyyy cbbbbbbbb ... Good morning

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