Quotes with Resistance & Support
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Intraday calls for 12-07-11

Posted on: July 12th, 2011 at 8:25 am

Markets likely to open lower, Support at 5550

Buy Nestle India on dips (trade in small quantity)

11.06am – high risk call: sell bata India at 625, target: 614. strict Stoploss: 634 – (book profit in bata India at 616-617)

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528 Responses

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Comment pages: 262728293031323334Show all

  1. GODSE Says:
    July 12th, 2011
    Posted at: 3:57 pm

    Hi shiva, no use ,


  2. GODSE Says:
    July 12th, 2011
    Posted at: 4:08 pm

  3. CB Says:
    July 12th, 2011
    Posted at: 4:17 pm

    Hi Ary, it can test 71 if markets remain weak. pe can add 15-20% in this case

    Hi GODSE, yes, have a good evening

    Hi shiva, no, not sure of entering it yet

    Hi palanivel, Good evening. no, dont enter dlf call yet. go with LT call with sl at 1760 if markets see some recovery tomorrow.


  4. shiva Says:
    July 12th, 2011
    Posted at: 4:42 pm

    what can be infy behaviour tomorrow?


  5. CA.Tejas Says:
    July 12th, 2011
    Posted at: 4:44 pm

    Hi CB, WHich broker is better from Religare / Edelwise / Ventura....????

    Also can u let me know abt the process of trading in commodity market.... is that safe then equity....


  6. Akash Says:
    July 12th, 2011
    Posted at: 4:45 pm

    Hi CB, As per Kartik's suggestion, I am holding 5800 CE. Will it see 50-55 in 1-2 days? Market will bounce back to 5650-5675 again in 2-3 days?


  7. Akash Says:
    July 12th, 2011
    Posted at: 4:57 pm

    Hi CB, I suggested my friend to buy (in 2-3 different parts) following stocks for linger term (min 6 months):


    Coal India
    ITC
    Electrotherm
    A2Z
    Lovable
    Central Bank
    Gitanjali
    BGR Energy


    For shorter term (3-6 months):

    Rushil Decor
    MidValley Ent
    BF Investment


    Pls suggest if they are good for these timeframe and safer bet. Also, pls suggest if there is anything which can be bought now for 1-2 weeks hold. He asked about Netle if it can be bought for a week or so? Pls suggest. Thanks.


  8. CB Says:
    July 12th, 2011
    Posted at: 5:01 pm

    Hi shiva, possible see a small bounce

    Hi CA.Tejas, the trading software of ventura is good.. not really sure about commodities.

    Hi Akash, yes, possible see some bounce from here. hold onto it.


  9. CB Says:
    July 12th, 2011
    Posted at: 5:01 pm

    Hi Akash, yes, these stocks are fundamentally strong. one can accumulate on dips for long term. as of now no new short term call


  10. Akash Says:
    July 12th, 2011
    Posted at: 5:15 pm

    Hi CB, Ok. Also, how is SKS, Anant Raj Ind and Timken for short term?


  11. Akash Says:
    July 12th, 2011
    Posted at: 5:19 pm

    Hi CB, Will 5800 CE see 100 or at least 65-70?


  12. Kumar SS Says:
    July 12th, 2011
    Posted at: 5:24 pm

    Hi CB...Any idea to buy ITC?


  13. CB Says:
    July 12th, 2011
    Posted at: 5:43 pm

    Hi Akash, no, these have rallied quite a bit. 5800 can add 20-25% if markets improve a bit tomorrow

    Hi Kumar SS, it looks good technically. can head upto 212 in short term.


  14. sefali Says:
    July 12th, 2011
    Posted at: 6:16 pm

  15. pradeep Says:
    July 12th, 2011
    Posted at: 6:17 pm

    hi CB Sir ,i hav LML shares @ 12.45rs. I can hold upto thursday....
    any suggestion for me ????


  16. sefali Says:
    July 12th, 2011
    Posted at: 6:18 pm

    hi, Any idea to hindalco?

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