Quotes with Resistance & Support
Market Information

Intraday calls for 12-06-12

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

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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  1. REEF Says:
    June 12th, 2012
    Posted at: 3:08 pm

    Hi CB, Thank God u came. Should I continue holding my 4900 and 5100 put. In huge loss.
    I think I should have exited in the morning


  2. SaiPalanivel Says:
    June 12th, 2012
    Posted at: 3:08 pm

    CB SIR, NIFTY TOUCHED 5125 LEVEL.


  3. vishal Says:
    June 12th, 2012
    Posted at: 3:08 pm

    have shorted bata@829, what levels can i expect in the short term? thanks


  4. ani Says:
    June 12th, 2012
    Posted at: 3:08 pm

    Hi CB,


    sir still holding 4900pe@42 nad dlf 210ce@4...ur advice sir...keep holding both of them...or sold any of one....


  5. AJ Says:
    June 12th, 2012
    Posted at: 3:09 pm

    target for IND CEM plzz


  6. Akash Says:
    June 12th, 2012
    Posted at: 3:09 pm

    Hi CB, Buy July CE. June CE has moved v high. cannot buy. made big loss also


  7. chhaya Says:
    June 12th, 2012
    Posted at: 3:09 pm

    what to do in volltas in up movement


  8. CB Says:
    June 12th, 2012
    Posted at: 3:09 pm

    Hi REEF, just came online. yes, hold onto the pe for 1-2 days

    Hi Niftyman, hold it for 1-2 days

    Hi SaiPalanivel, yes

    Hi ani, yes, hold onto these.


  9. gopal Says:
    June 12th, 2012
    Posted at: 3:10 pm

    CB sir

    i bought today TATASTEEL 420 call @ 7.50/- &
    GAIL 340call @ 8.90 ... Plz advice sir shall i book profit or wait


  10. vishal Says:
    June 12th, 2012
    Posted at: 3:10 pm

    pls advice on bata. thanks


  11. Naren Says:
    June 12th, 2012
    Posted at: 3:10 pm

    Hi Cb,
    can avg. 5000 pe?


  12. CB Says:
    June 12th, 2012
    Posted at: 3:11 pm

    Hi AJ, 78

    Hi Akash, hmm. hold the pe

    Hi chhaya, can test 115 in coming days

    Hi gopal, would advice to book profit for now as nifty is near resistance levels.


  13. CB Says:
    June 12th, 2012
    Posted at: 3:11 pm

    Hi vishal, can test 800 it seems

    Hi Naren, not yet.


  14. Vinay Says:
    June 12th, 2012
    Posted at: 3:11 pm

    CB sir, can u pls tell me whether to hold tata power and bhushan steel for one more day??or shud i exit.both in loss nw


  15. REEF Says:
    June 12th, 2012
    Posted at: 3:12 pm

    Man I can`t believe I was in marginal loss in morning. But now totally gone


  16. CB Says:
    June 12th, 2012
    Posted at: 3:12 pm

    Hi Vinay, yes, hold these till tomorrow

    Hi Akash, need to hold 1 stock for a bit longer.

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