Quotes with Resistance & Support
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Intraday calls for 11-07-14

Posted on: July 11th, 2014 at 8:21 am

Markets likely to open flat. Support for nifty is at 7480 and resistance at 7650.

Buy GPPL above 128, target: 132. Stoploss: 125.5

10.08am – Buy Hindustan Unilever at 635.50, target: 643. Stoploss: 630. – (Book profit in Hindustan Unilever at 642.50)

Thought for the day: “Folks are usually about as happy as they make their minds up to be.” ― Abraham Lincoln

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494 Responses

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Comment pages: 111213141516171819Show all

  1. Chinnaswamy Says:
    July 11th, 2014
    Posted at: 11:36 am

    Hi KK - I have about 5000 Rs and I can invest for maximum 10 days.

    Thanks
    Chinna


  2. K K Says:
    July 11th, 2014
    Posted at: 11:40 am

    Hi Chinnaswamy, too low. I'm afraid to give call. If you loose in any call, you can't trade for the next day. I'm helpless.


    Hi Raju,
    Be there, Just watching. will update.

    Hi Jayson, No problem. Pick qualty stocks after markets consolidate at 7400 levls.


  3. vijay Says:
    July 11th, 2014
    Posted at: 11:42 am

    Hi KK,

    Can you pls suggest me some good scrip for Intraday in F&O can hold if required also ?


  4. K K Says:
    July 11th, 2014
    Posted at: 11:42 am

    Hi ramaswamy, Reliance has next suport @ 962 in cash. IF NIFTY took support @ 7520 levels, then Reliance also will recover from current lows.


  5. Chinnaswamy Says:
    July 11th, 2014
    Posted at: 11:44 am

    Hi KK - Thanks. I can understand. Appreciate your valuable comments. At least can you suggest any BTST for me?

    Thanks
    Chinna


  6. ankush Says:
    July 11th, 2014
    Posted at: 11:45 am

    I have bought reliance at 981...I think its not risky...tgt 1000


  7. Raju Says:
    July 11th, 2014
    Posted at: 11:46 am

    Hi K K, What happens to the stock when it fights for long time @ its support level??


  8. Amit Senapati Says:
    July 11th, 2014
    Posted at: 11:48 am

    Hi K K, Sir i have jain irrigition @131 what shud i do...


  9. K K Says:
    July 11th, 2014
    Posted at: 11:49 am

    Hi raga, HDIL stays @ 94.80 levels for pst some time. Any pullback in Nifty will come back 95.5 / 96. Have a look.


  10. Myth Says:
    July 11th, 2014
    Posted at: 11:50 am

    Hi CB sir,

    What's your call on Apollo tyres at current levels for short term


  11. sudip mondal Says:
    July 11th, 2014
    Posted at: 11:53 am

    BAZAR MA TEZ GIRABAT KI ASHAR AJJ


  12. K K Says:
    July 11th, 2014
    Posted at: 11:54 am

    Hi ankush, then its fine. I read it as 991.

    Hi Chinnaswamy, It's not a BUY market. Everybody is selling. FII, DII, finally you and me. Let's wait to BUY some handsome stock for smart gains

    Hi Raju,
    It is also associated with the news flow of the stock, sector sentiment, Nifty direction.
    Generally it will take reflect back from there.
    If any pressure comes at any of the above 3 elements, then it will break the support and finds the next support. In sharp fall, IF ABC stock has support @ 100 levles, It may break it and probably it will see 99 / 98 / 97 levles and in few minutes it will pickup and forms 'V' shape curve in the intra-day. -- Sorry for a big lecture.


  13. Raju Says:
    July 11th, 2014
    Posted at: 11:58 am

    Hi K K, Thanks :)


  14. K K Says:
    July 11th, 2014
    Posted at: 12:01 pm

    Hi Myth, can take small quantity. Appears that, after some tax relief, it will resume from the correction.

    Hi Amit Senapati,
    Sorry can't list out Jain Irrigation @ my page.


  15. CB Says:
    July 11th, 2014
    Posted at: 12:01 pm

    Hi Myth, dont enter it yet. lets wait

    Hi ankush, for short/ med term its not. hold onto it


  16. mayank Says:
    July 11th, 2014
    Posted at: 12:02 pm

    KK...u forgot me today didnt reply on my post

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