Quotes with Resistance & Support
Market Information

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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  1. Raushan Says:
    July 11th, 2014
    Posted at: 2:40 pm

    cb sir
    Holding macload ruscle @317
    Tata comm@404 can it bounce back in 1-2month
    should i hold or book heavy loss


  2. K K Says:
    July 11th, 2014
    Posted at: 2:41 pm


    Any option writers here ???

    Hi Somebody, Somebody asked about AshokLey. It has support @ 28.65 / 28.35 levels. Observe those lvels and take small quantity. How much quantity you have @ 32 levels


  3. Sandeep Says:
    July 11th, 2014
    Posted at: 2:42 pm

    Hi K K,
    Thanks KK, i will wait for 220 -225


  4. PKP Says:
    July 11th, 2014
    Posted at: 2:43 pm

    Hi mayank, Sir, holding 7600 ce @ 72... any suggestion


  5. shashi Says:
    July 11th, 2014
    Posted at: 2:44 pm

    Hi RR, welcome


  6. ibull Says:
    July 11th, 2014
    Posted at: 2:45 pm

    Hi K K, I rarely write options because of margin requirement and limited profit potential. I trade futures with that amount :))


  7. ankush Says:
    July 11th, 2014
    Posted at: 2:46 pm

    Hi kk...pls tel about ril..in morning I bought at 981..sold at 975..can I buy now at 968..pls reply


  8. SP Says:
    July 11th, 2014
    Posted at: 2:46 pm

    Hi K K,
    CAN I BUY GPPL NOW @128.8 FOR INTRADAY.


  9. Eddyboy Says:
    July 11th, 2014
    Posted at: 2:47 pm

    hi KK and CB ...wats ur view on idfc can it reach 160 level ?


  10. K K Says:
    July 11th, 2014
    Posted at: 2:47 pm

    Hi ibull, It's not for you. :-)
    You can make decisions of your own. That's the better approach to trade in Futures for better profits.

    I notice many people sitting with good amount of money but choose wrong counters at the right time, for the benefit of them, I like to give SURESHOT and SAFE option shorts. So that they can relax and gain in risk free mode.


  11. SP Says:
    July 11th, 2014
    Posted at: 2:48 pm

    Hi CB, Hi K K,
    CAN I BUY GPPL NOW @128 FOR INTRADAY.


  12. Sonia Kapoor Says:
    July 11th, 2014
    Posted at: 2:49 pm

    Hi Sir
    I am in huge loss from my positions in tvs motor, ptc Financial Services and Apollo tyres .
    Tell me sir what to do .
    Is there the need to change the portfolio or should I wind up all and wait for some tume to take fresh positions .


  13. K K Says:
    July 11th, 2014
    Posted at: 2:50 pm

    Hi SP, not sure for intra-day

    Hi Eddyboy,
    IDFC is good bet. But it may take time, When the Nifty and Financial sectors is taking a heavy beating, it also sees some kind of panic selling. Any sharp dips can be opportunity to pick for short to medium term


  14. ibull Says:
    July 11th, 2014
    Posted at: 2:51 pm

    Hi K K, Hmmm. Then naked as well as short strangle will help :)


  15. PKP Says:
    July 11th, 2014
    Posted at: 2:51 pm

    Hi K K, PLS SUGGEST ME, AM HOLDING ONE LOT OF NIFTY 7600 CE.... GOING IN LOSS


  16. K K Says:
    July 11th, 2014
    Posted at: 2:51 pm

    Hi SP,
    Now 2.50 You have only 30 minutes for intra-day square off. GPPL chart shows the flat to nagative for hte rest of the day, unless Nifty turns from RED to GREEN in next 30 minutes

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