Quotes with Resistance & Support
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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. CB Says:
    June 12th, 2012
    Posted at: 9:05 am

    Hi vishal, no.. will adjust

    Hi srikanth, its fundamentally a good med/ long term bet. would advice to hold onto it. will recover back


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

    Hi Akash, yes. likely to


  3. bhima Says:
    June 12th, 2012
    Posted at: 9:11 am

    Hi,

    i have IDFC puts ,can i exit opening or wait till iip data.

    If iip data positive can we expect mkt positive...


  4. RAVI Says:
    June 12th, 2012
    Posted at: 9:11 am

    hi cb, holding godrej consumer @ 571 kindly advice


  5. CB Says:
    June 12th, 2012
    Posted at: 9:11 am

    Hi bhima, would advice to book at opening near 129


  6. Sagar Says:
    June 12th, 2012
    Posted at: 9:11 am

    Hi CB,

    Ibought LANCO INFRA yesterday for intraday(@14.25) . And as market is down owing to S&P thing what do you suggest should i do ?


  7. CB Says:
    June 12th, 2012
    Posted at: 9:12 am

    Hi RAVI, technically does look good. hold it for some more time.


  8. reema Says:
    June 12th, 2012
    Posted at: 9:12 am

    IIP data for Jan’12 to be out today -market will go up


  9. pradip Says:
    June 12th, 2012
    Posted at: 9:12 am

    HI CB,
    TODAYS RANGE FOR TATASTEEL AND TVS MOTORS
    ?


  10. CB Says:
    June 12th, 2012
    Posted at: 9:12 am

    Hi Sagar, its a good bet for short term. hold onto it for now

    Hi reema, cannot be sure yet. depends on the outcome of data.


  11. Kb Trader Says:
    June 12th, 2012
    Posted at: 9:13 am

    Hi CB, GM CBBBB


  12. CB Says:
    June 12th, 2012
    Posted at: 9:13 am

    Hi pradip, tvs can test 33.80. not sure of tata yet

    Hi Akash, yes. dont enter vip yet


  13. CB Says:
    June 12th, 2012
    Posted at: 9:13 am

    Hi Kb Trader, Good morning..


  14. shame Says:
    June 12th, 2012
    Posted at: 9:14 am

    hai cb good morning

    shall i buy Suzlon at current level


  15. Akash Says:
    June 12th, 2012
    Posted at: 9:14 am

    Hi CB, Can I buy Tata metali?


  16. Kb Trader Says:
    June 12th, 2012
    Posted at: 9:15 am

    Hi CB, who said 1.5 % . . i expect only 1.499 % :PPPPPP

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