Intraday calls for 12-06-12

Quotes with Resistance & Support

Market Information

Intraday calls for 12-06-12

Posted on: June 12th, 2012 at 8:37 am

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Markets likely to open a bit lower. Support for nifty is at 4990 and resistance at 5130

Buy Jyothy Laboratories at 221, target: 229. Stoploss: 216

1.16pm – Buy 5000 pe at 66, target: 82. Stoploss: 5125 (spot) – (continue to hold on to the 5000pe for 1-2 days)

IIP data for Jan’12 to be out today – Market expectation 1.5%

SL triggered in Bhushan steel

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554 Responses

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Ravichandran Says:
June 13th, 2012
Posted at: 8:10 am
Thanks,Kartik
suzane Says:
June 13th, 2012
Posted at: 8:21 am
whats ur vision on Eros Media ?? Even a news heard on it yesterday, plz check the news posted on bseindia.com , looking at the news and its technical what target u suggest today ??...
CB Says:
June 13th, 2012
Posted at: 8:35 am
Hi Ravichandran, most welcome
Hi suzane, technically does look good. above 176, can head upto 185-188 levels. hold onto it for now.
shashi Says:
June 13th, 2012
Posted at: 8:36 am
thanks cb sir........
CB Says:
June 13th, 2012
Posted at: 8:37 am
Hi shashi, most welcome.
hridayesh Says:
June 13th, 2012
Posted at: 9:33 am
Hi CB, stop loss & resistance for ITC Future & Tata Motors Future ?
CB Says:
June 13th, 2012
Posted at: 9:35 am
Hi hridayesh, itc sl near 238. can test 247. tata motors has support at 235. on the upside can test 246
hridayesh Says:
June 13th, 2012
Posted at: 9:37 am
thanks, but this info is for futures na ?
hridayesh Says:
June 13th, 2012
Posted at: 9:40 am
there is some adverse news for auto vehicles...is that affecting tata motors ?
hridayesh Says:
June 13th, 2012
Posted at: 10:17 am
Hello CB, are u there ?
CB Says:
June 13th, 2012
Posted at: 10:17 am
Hi hridayesh, yes.
hridayesh Says:
June 13th, 2012
Posted at: 10:24 am
Please reply my 10.37 a.m &10.40 a.m. queries
hridayesh Says:
June 13th, 2012
Posted at: 10:25 am
9.37 & 9.40 a.m. queries
CB Says:
June 13th, 2012
Posted at: 10:26 am
Hi hridayesh, not sure of any news on them. levels given were cash
hridayesh Says:
June 13th, 2012
Posted at: 10:30 am
thanks