Quotes with Resistance & Support
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Intraday calls for 12-07-10

Posted on: July 12th, 2010 at 8:20 am

Markets likely to open slightly higher. Resistance for nifty is at 5380-5400 & Support at 5290.

Buy Infrastructure Development Finance Company Ltd (IDFC) at 185.05, target: 191. Stoploss: 181 – (If possible continue to hold for 1-2 days with same sl at 181. looks good technically, can see 191+)

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705 Responses

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  1. Kb Says:
    July 12th, 2010
    Posted at: 12:07 pm

    One can hold shorts .. Europe likely to " TRADE" down


  2. N Murali Says:
    July 12th, 2010
    Posted at: 12:08 pm

    Hi KB,

    Gud Noon. Holding Tata Motors @ 123/ Stock plunging t'day. Hv to settle
    my broker 2day itself. Pl. tell me whether downtrend will continue or
    shal I book loss @ CMP> If it still plunges, I'll be ruined Pl. help me out pal.


  3. Gitanjali Says:
    July 12th, 2010
    Posted at: 12:08 pm

    Hi Kb, Plz tell... metals are going down are they .. as well as nifty? May I have yr answer plz??


  4. DEEPAK Says:
    July 12th, 2010
    Posted at: 12:10 pm

    WILL TATA STEEL BOUNCE BACK SIR PLEASE ADVICE SIR


  5. Kranthi Says:
    July 12th, 2010
    Posted at: 12:10 pm

    CB Sir,
    Target for POLARIS please ???


  6. N Murali Says:
    July 12th, 2010
    Posted at: 12:14 pm

    Kbji,

    Pl. answer my query at12.08pm pl! I'll be grateful to u fr ur guidance.


  7. Gitanjali Says:
    July 12th, 2010
    Posted at: 12:16 pm

    Hi Kb, what's up!!! U have not replied .mine and . Dear Kranthi as well..


  8. Kartik Says:
    July 12th, 2010
    Posted at: 12:18 pm

    sorry guys, just came online


  9. ARIJIT Says:
    July 12th, 2010
    Posted at: 12:20 pm

    Hi Kb,
    Bal. chini is 3% down, what do u say, shd i enter?


  10. Kartik Says:
    July 12th, 2010
    Posted at: 12:20 pm

    Hi N Murali, hold it for some more time with a SL at 112, its likely to give a bounce in the coming days


  11. Kartik Says:
    July 12th, 2010
    Posted at: 12:21 pm

    Hi Gitanjali, yes, hold it for some more time, metals seem to trade weak as of now

    Hi ARIJIT, dont enter it yet, wait for some time


  12. Kartik Says:
    July 12th, 2010
    Posted at: 12:21 pm

    Hi DS, :), lets wait till Europe opens up


  13. Shanthi Says:
    July 12th, 2010
    Posted at: 12:21 pm

    Hi Kartik, CAN I GO SHORT HINDALCO AT 149.50 FOR INTRA DAY ?


  14. kishore Says:
    July 12th, 2010
    Posted at: 12:22 pm

    Hi karthik

    bought Gammon infra @27.8 today for intraday purpose as per recommendation in rediff. is this is good move? can I hold this stock? or sell it today? please advise. becoz stock is not moving, but volumes are moving up.


  15. Lata Says:
    July 12th, 2010
    Posted at: 12:22 pm

    kartik, hi, bharti betn 304.50 to 305.50 since very long, will it see again 312 or shld i hold till tomm for a target of 315-320... wht say...


  16. N Murali Says:
    July 12th, 2010
    Posted at: 12:22 pm

    I can't hold it any more kartikji. Hv to settle 2day in a huge loss.

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