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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Comment pages: 67891011121314Show all

  1. vimal Says:
    June 12th, 2012
    Posted at: 10:20 am

    cb sir can i sell tatasteel cmp


  2. satya Says:
    June 12th, 2012
    Posted at: 10:21 am

    Hi.. CB sir @ 53.00 5200 call today can i short sell


  3. SURAJIT PATRA Says:
    June 12th, 2012
    Posted at: 10:22 am

    CB, Cairn???


  4. Kb Trader Says:
    June 12th, 2012
    Posted at: 10:22 am

    IOC is looking weak.. sell on rise, if its holding below 250 levels


  5. test Says:
    June 12th, 2012
    Posted at: 10:23 am

    i taken nifty cll yesrday at 5050 and pantallom retail at 170...any hope today?
    shall i go long in nifty?


  6. SaiPalanivel Says:
    June 12th, 2012
    Posted at: 10:23 am

    CB SIR, WHATS YOUR VIEW IIP DATA +VE OR DOWN?


  7. Akash Says:
    June 12th, 2012
    Posted at: 10:23 am

    Hi Kb Trader, GM. My SL triggered for 4700 PE. Shud I buy it back if Nifty can see 4900 level again and 4700 PE price 60-65??


  8. imran khan Says:
    June 12th, 2012
    Posted at: 10:24 am

    Hi Kb Trader, Good morning what your trading today?


  9. Akash Says:
    June 12th, 2012
    Posted at: 10:26 am

    Hi Kb Trader, Shud I buy 4700 PE for target 60+ in 1-2 days?


  10. Preeti Says:
    June 12th, 2012
    Posted at: 10:27 am

    Thanks Robotcop!


  11. Naran Says:
    June 12th, 2012
    Posted at: 10:27 am

    Hi ANSH, 11 AM


  12. CB Says:
    June 12th, 2012
    Posted at: 10:28 am

    Hi SDM, likely to test it in short term. hold it. overall looks good.

    Hi kavitha, as of now no new call. lets wait till iip data is out.

    Hi pradip, positive. hold shorts for now

    Hi Rise, 30?

    Hi SDM, no, looks weak

    Hi Naran, yes, could correct in this case

    Hi ANSH, 11am

    Hi chhaya, need to hold these for short term. don't add more stocks yet. wait for some time for markets to consolidate

    Hi vimal, not yet

    Hi satya, its a hold for now

    Hi SURAJIT PATRA, dont enter it yet. looks a bit weak

    Hi test, hold these with sl at 5000 on nifty for now. if iip data is good, can see further upmove

    Hi SaiPalanivel, no, not sure.


  13. Robotguy Says:
    June 12th, 2012
    Posted at: 10:29 am

    Hi vimal, SELL TATA STEEL with stop loss of 412, Target 406-402-


  14. Robotguy Says:
    June 12th, 2012
    Posted at: 10:30 am

    Hi imran khan, I have shorted SBI future and in good profit now also shorted ACC in cash for target of 1132


  15. CB Says:
    June 12th, 2012
    Posted at: 10:31 am

    got to go. shall be back in 1 hour.


  16. manmin Says:
    June 12th, 2012
    Posted at: 10:32 am

    hi cb ,

    tgt for petronet intraday ?

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