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

Posted on: July 12th, 2012 at 8:25 am

Markets likely to open lower. Support for nifty is at 5260.

If markets show recovery later during the day, buy: Indiabulls Financial services.

Infosys results and IIP data to be announced today. Markets may remain volatile

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488 Responses

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  1. TEST Says:
    July 12th, 2012
    Posted at: 11:28 am

    I AM HOLDING NIFTY CALL AT 5310 AND MANAPPURAM AT 34..WHAT LEVEL SAHLL IEXIT OR HOLD?


  2. imran khan Says:
    July 12th, 2012
    Posted at: 11:28 am

    Hi palanivel,

    http://www.cnbc.com/id/48157314

    The FTSE 100 [.FTSE 5664.48 0.41 (+0.01%) ] is seen opening lower by 22 points, Germany’s DAX [.GDAXI 6453.85 15.52 (+0.24%) ] is seen down by 1 points and the CAC 40 [.FCHI 3157.25 --- UNCH ]lower by 5 points


  3. CB Says:
    July 12th, 2012
    Posted at: 11:28 am

    Hi swamy, yes, these are looking good. hold for now

    Hi prashantdy, can add some of indiabulls

    Hi palanivel, yes. may open a bit lower. lets see.


  4. CB Says:
    July 12th, 2012
    Posted at: 11:29 am

    Hi TEST, these are a hold for now.


  5. VENU Says:
    July 12th, 2012
    Posted at: 11:29 am

    Sir shall I short infosys and axis at current cmp IF SO what are the target and stlp levels


  6. CB Says:
    July 12th, 2012
    Posted at: 11:31 am

    Hi VENU, no, not yet. axis looks strong above 1050. infy has corrected quite a bit.


  7. imran khan Says:
    July 12th, 2012
    Posted at: 11:32 am

    Hi CB, does tcs announce the results?


  8. CB Says:
    July 12th, 2012
    Posted at: 11:33 am

    Hi imran khan, yes. its after market hours.


  9. Nilesh Says:
    July 12th, 2012
    Posted at: 11:35 am

    Hi cb Short Tata Elxsi @142 . Wait for some time or Buy back.


  10. Sagar Says:
    July 12th, 2012
    Posted at: 11:36 am

    Hi CB,
    I've shorted JP Assoc at 75.10..
    Please suggest what to do ?


  11. VENU Says:
    July 12th, 2012
    Posted at: 11:36 am

    sir, Shall I enter India bulls at mp for intra day and what are the tgt and stlp levels


  12. CB Says:
    July 12th, 2012
    Posted at: 11:36 am

    Hi Nilesh, hold with sl at 246 for now.


  13. Rise Says:
    July 12th, 2012
    Posted at: 11:37 am

    sir target for usd inr ??


  14. Akash Says:
    July 12th, 2012
    Posted at: 11:37 am

    Hi CB, Ok. But can I hold them as Nifty is around 5250 now from day low of 5234.


  15. CB Says:
    July 12th, 2012
    Posted at: 11:37 am

    Hi Sagar, it has strong resistanc near 78. for now hold with sl at 78

    Hi VENU, yes. can see 254. sl near 244


  16. BHARATH Says:
    July 12th, 2012
    Posted at: 11:37 am

    hi cb,

    What is the target for HPCL in next 2-3 days.

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