Quotes with Resistance & Support
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Intraday calls for 12-09-13

Posted on: September 12th, 2013 at 8:28 am

Markets likely to open flat. Resistance for nifty is at 5960 and support at 5830.

Buy SKS microfinance at 140.10, target: 146. Stoploss: 137 – (can continue to hold SKS microfinance for 1-2 days. looks good technically)

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194 Responses

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  1. CB Says:
    September 12th, 2013
    Posted at: 8:34 am

    Hi krishna, Good morning. seems it can add another 40-50 points from here

    Hi J, Good morning. you too have a good day!

    Hi SaiPalanivel, Good morning.


  2. PH Says:
    September 12th, 2013
    Posted at: 8:35 am

    Hi CB .. sold JPA@37 .. should I book loss?


  3. Raghu Says:
    September 12th, 2013
    Posted at: 8:36 am

    Good Morning,

    Can you please let me know about entering JP Associates, Yes Bank & Karnataka Bank at current levels? What levels it can see in short term?


  4. J Says:
    September 12th, 2013
    Posted at: 8:37 am

    sir, whats ur view on currency?


  5. CB Says:
    September 12th, 2013
    Posted at: 8:38 am

    Hi PH, yes. if possible hedge with a long in oct series for now

    Hi Raghu, Good morning. can add some of ktk bank for now. looks better

    Hi J, possible consolidates in the 62-64 range for few days


  6. Azhar Says:
    September 12th, 2013
    Posted at: 8:41 am

    Hi CB, Gm,sir target for gic h fin for intraday please


  7. Sanjaygoti Says:
    September 12th, 2013
    Posted at: 8:42 am

    Hi cb sir axis level


  8. CB Says:
    September 12th, 2013
    Posted at: 8:43 am

    Hi Azhar, Good morning. can test 95

    Hi Sanjaygoti, it has strong resistance near 1050. dont enter it yet.


  9. Bunty Says:
    September 12th, 2013
    Posted at: 8:44 am

    GM CB. I have a few lots of 5400 PE bought at 90. Do you think the market will go down.. please let me know if i need to sell my lot at CMP.


  10. CB Says:
    September 12th, 2013
    Posted at: 8:44 am

    Hi Bunty, nifty does have strong resistance at 5950 levels. since 5400 is now a out of money call, would advice to exit 50% for now.


  11. CB Says:
    September 12th, 2013
    Posted at: 8:45 am

    Hi Vishal, Good morning. dont enter fintech yet. looks weak


  12. ruchit Says:
    September 12th, 2013
    Posted at: 8:45 am

    do you think PNB will perform well for intraday?


  13. vinit Says:
    September 12th, 2013
    Posted at: 8:46 am

    CB sir, badly stuck in hindalco short CEs. didnt exit when you suggested the SL at 110. My BAd :(
    Huge loss now. what should i do? i can hold till expiry though. where do you see it going>?


  14. CB Says:
    September 12th, 2013
    Posted at: 8:46 am

    Hi ruchit, yes, above 500 can test 510


  15. CB Says:
    September 12th, 2013
    Posted at: 8:47 am

    Hi vinit, technically does look a bit strong above 110. would advice to exit 50% at opening for now. shall hold rest with sl at 5950 (closing basis) on nifty


  16. AJ Says:
    September 12th, 2013
    Posted at: 8:47 am

    GM sir ,
    can i buy ITC CE today

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