Quotes with Resistance & Support
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Intraday calls for 12-06-14

Posted on: June 12th, 2014 at 8:23 am

Markets likely to open flat. Nifty has support at 7580.

Buy Apollo Hospitals on dips near 1000-1005, target: 1030. Stoploss: 990 – (Enter 50% in Apollo Hospitals at 1025) – (Continue to hold Apollo hospitals. Looks good technically.)


Thought for the day: Always have an air of expectancy. ― Stephen Richards

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460 Responses

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Comment pages: 101112131415161718Show all

  1. LB Says:
    June 12th, 2014
    Posted at: 10:28 am

    Hi CB,
    I'd ask about Suzlon earlier sorry for asking again.
    My buying price is 34 and 1500 qty and holding from more than 5-6 yr so i don't want to get stuck again .I am not sure about fundamental and until yesterday there were 5000buyer and today 5000 seller .So pls advice what should i do ?


  2. Vicky_s Says:
    June 12th, 2014
    Posted at: 10:28 am

    Hi CB Sir,

    Please advice on RIL. any upside possible..


  3. CB Says:
    June 12th, 2014
    Posted at: 10:29 am

    Hi LB, thats fine. fundamentally its a good long term bet. can test 60., hold it

    Hi Vicky_s, can test 1115-1120


  4. Munna Says:
    June 12th, 2014
    Posted at: 10:30 am

    Thanks CB, Can I wait for 1 year or 6 months, and what the price range can I expect with time basis...


  5. PKP Says:
    June 12th, 2014
    Posted at: 10:31 am

    Hi CB, sir when to enter in nifty pls suggest the level sir


  6. CB Says:
    June 12th, 2014
    Posted at: 10:31 am

    Hi Munna, can test 360-380 in long term


  7. CB Says:
    June 12th, 2014
    Posted at: 10:32 am

    Hi PKP, seems may remain flat. no call on nifty yet.


  8. anildevaki Says:
    June 12th, 2014
    Posted at: 10:32 am

    Thank you CB Sir for Great Support and advice


  9. Shrey Says:
    June 12th, 2014
    Posted at: 10:32 am

    OK CB..thnx
    Is it good to add Suzlon at current level (for 6 months range)?


  10. PKP Says:
    June 12th, 2014
    Posted at: 10:33 am

    Hi CB, ok sir, will wait for it


  11. CB Says:
    June 12th, 2014
    Posted at: 10:33 am

    Hi anildevaki, most welcome

    Hi Shrey, not yet. enter on dips near 30


  12. CB Says:
    June 12th, 2014
    Posted at: 10:34 am

    Hi PKP, ok


  13. praveen Says:
    June 12th, 2014
    Posted at: 10:35 am

    intraday on BIOCON and tata stell target please for today .

    what is the market trend in afternoon


  14. PKP Says:
    June 12th, 2014
    Posted at: 10:35 am

    Hi CB, sir m holding bf utilities since 720 and hindalco from 110, long term i want to hold it....
    so can i hold or exit...
    because in bf utitilies its touch very downside level and came up.... now it has cross my buying price and both r in small qty


  15. ravii Says:
    June 12th, 2014
    Posted at: 10:36 am

    Hello All,

    News on Infy :

    Commenting on the appointment Sikka said, "honoured to lead Infosys which is an iconic co built by pioneers." "Looking forward to work with & learn from talented Infoscions," he added.

    The company also announced that Executive Chairman NR Narayana Murthy and Executive Vice Chairman S Gopalakrishnan would step down on June 14. Rohan Murty will also leave company on June 14.

    Commenting on the development Narayan Murthy said, "Sikka is an ideal choice to lead Infosys". "Sikka will bring valuable experience as leader of global company," he added.


  16. CB Says:
    June 12th, 2014
    Posted at: 10:36 am

    Hi praveen, biocon can test 482. tata steel 558. markets may remain a bit flat it seems

    Hi PKP, these are good long term bets. hold onto these for now.

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