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. Monica Says:
    July 12th, 2012
    Posted at: 8:44 am

    Hi CB, Goodmorning...holding NIFTY 5200 CE( 4lots) at 175 range...SBIN 2300 (4lots) at 31 range...wots ur view on these holdings...how long should i wait


  2. manu Says:
    July 12th, 2012
    Posted at: 8:44 am

    CB, Good Morning..


  3. Ram Says:
    July 12th, 2012
    Posted at: 8:44 am

    Hi CB, Can i short Tata Steel or buy call. Please advice


  4. CB Says:
    July 12th, 2012
    Posted at: 8:45 am

    Hi Subin, Good morning. has some resistance at 175. above this can see 185

    Hi Monica, Good morning. hold these for now. exit couple of nifty ce's if nifty breaks 5260


  5. manu Says:
    July 12th, 2012
    Posted at: 8:45 am

    Cb, I need your views on LT?


  6. CB Says:
    July 12th, 2012
    Posted at: 8:45 am

    Hi manu, Good morning

    Hi Ram, has good support near 427. as of now no call on it.


  7. dak Says:
    July 12th, 2012
    Posted at: 8:46 am

    thanks cb. also your view on bank nifty futures today ? what's the support ? still holding that short at 10488


  8. r123 Says:
    July 12th, 2012
    Posted at: 8:47 am

    Dear CB... GUD MRNING...
    WHT ABT FINTECH FOR 2 MONTH VIEW...? HOLDING FROM 900 LEVEL

    (AS U SAID LAST WENT IT REACHED 785 LEVEL...)
    THANK U


  9. CB Says:
    July 12th, 2012
    Posted at: 8:48 am

    Hi manu, its looking good technically. can head upto 1500 in coming days

    Hi dak, has support near 10600. hold short for now. looks a bit stretched.


  10. protap Says:
    July 12th, 2012
    Posted at: 8:48 am

    hi cb,
    can i buy berger?


  11. SS Says:
    July 12th, 2012
    Posted at: 8:49 am

    Hi CB,
    Good Morning, Do you foresee weakness in Axis & ICICI in today's trade. Holding shorts with huge losses...thanks


  12. CB Says:
    July 12th, 2012
    Posted at: 8:49 am

    Hi r123, Good morning. its overall good bet. would advice to hold it a bit longer. will bounce back

    Hi protap, no, not yet.


  13. Vinay Says:
    July 12th, 2012
    Posted at: 8:50 am

    CB sir,since i am holdin on intraday..i can hold max til tomro only..so if markets keep slidin dwn,..loss wil inc on hdil..holdin at 89..wil i be able to exit on rallys today or tomro or it wl b movin dwn with the market?? pls advice:(


  14. Nitin Says:
    July 12th, 2012
    Posted at: 8:50 am

    Hi gud mrg CB....


  15. manu Says:
    July 12th, 2012
    Posted at: 8:50 am

    Thanks CB, even I had same views.. Wanted to reconfirm. Thanks again


  16. r123 Says:
    July 12th, 2012
    Posted at: 8:50 am

    I WILL HOLD
    THANK YOU CB....

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