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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Comment pages: 282930313233343536Show all

  1. LEO Says:
    July 12th, 2010
    Posted at: 2:42 pm

    Hi CB,

    Can I take position now on JINDALSTEL ......


  2. CB Says:
    July 12th, 2010
    Posted at: 2:42 pm

    Hi HSK, no, not yet

    Hi ARIJIT, yes, enter in small quantity


  3. Anil Says:
    July 12th, 2010
    Posted at: 2:42 pm

    Hi CB, JINDALSTEL is going down. Hold or exit. Pls advise SL..


  4. Gitanjali Says:
    July 12th, 2010
    Posted at: 2:42 pm

    Hi CB, ok read yr reply .. [earlier one ]


  5. amit Says:
    July 12th, 2010
    Posted at: 2:43 pm

    i have shorted nifty at 5360 should i cover it now or we can see downside from here


  6. Kb Says:
    July 12th, 2010
    Posted at: 2:43 pm

    Hi CB, HAi CB :)


  7. cool duchess Says:
    July 12th, 2010
    Posted at: 2:43 pm

    CB - holding Idea at 66. Should I hold or book profit? If hold, for what target? Thanks.


  8. vinod Says:
    July 12th, 2010
    Posted at: 2:43 pm

    HI CB /Kartik,

    I,ve shorted Canara bank @474 levels what to do ?
    pls suggest SL


  9. HSK Says:
    July 12th, 2010
    Posted at: 2:44 pm

    Sell HDFC Bank @ 2050/- ?


  10. subramani Says:
    July 12th, 2010
    Posted at: 2:44 pm

    Hi CB,

    I have 2350 SBI put option, Nifty 5400 call option. what shall i do ? Shall i buy Infy 3000 call option?


  11. CB Says:
    July 12th, 2010
    Posted at: 2:44 pm

    Hi LEO, yes

    Hi Ravi, around 52

    Hi Anil, hold onto it.

    Hi Gitanjali, ok

    Hi amit, hold it. can see lower levels.

    Hi cool duchess, yes, book profit near 70. has strong resistance at 72.


  12. Gitanjali Says:
    July 12th, 2010
    Posted at: 2:45 pm

    Thanks CB, Is nifty likely to trade weak form how on .. shall we book profits in any of our holdoings .. like polyplex .. holding from long at 198..in good profits now


  13. dm Says:
    July 12th, 2010
    Posted at: 2:45 pm

    sir...pls advice for "RELINFRA"...! daily it is coming down...?

    we are holding @ 1209 levels....?

    it will go up...in coming days...!


  14. Anil Says:
    July 12th, 2010
    Posted at: 2:46 pm

    Hi CB, Thanks. Can I avg 5200 PE holding @ 87? CMP 29..


  15. Reddy Says:
    July 12th, 2010
    Posted at: 2:47 pm

    Hi CB/Kartik,

    How does Infy looking?


  16. CB Says:
    July 12th, 2010
    Posted at: 2:48 pm

    Hi Kb

    Hi vinod, its a hold. has rallied quite a bit, can see some profit booking.

    Hi HSK, no.looks good technically

    Hi subramani, hold them for now. dont enter infy call yet

    Hi Gitanjali, book partial profits for now. some selling pressure is likely near 5400

    Hi dm, yes. its a hold. facing strong resistance at 1200-1220. will do well once closes above these levels.

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