Quotes with Resistance & Support
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Intraday calls for 13-06-11

Posted on: June 13th, 2011 at 8:26 am

Markets likely to open a bit lower. Support for nifty is at 5450 and resistance at 5540

If markets show recovery later during the day, buy: Raymond Ltd

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488 Responses

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  1. shiva Says:
    June 13th, 2011
    Posted at: 3:35 pm

    hows closing of cox and kings?? major resistance?


  2. Kartik Says:
    June 13th, 2011
    Posted at: 3:39 pm

    Hi shiva, Yes, looks strong above 420


  3. Anita Says:
    June 13th, 2011
    Posted at: 3:52 pm

    Shorted DLF 1 lot@ 227.60. KIndly suggest target and stop loss and your short term view on the same


  4. Akash Says:
    June 13th, 2011
    Posted at: 4:00 pm

    Hi Kartik, Lovable went up but by that time my holding sold in auto at 385 so I made 65 Rs. loss. Shud I buy the same tomorrow to cover this loss?


  5. CB Says:
    June 13th, 2011
    Posted at: 4:24 pm

    Hi Anita, it can test 220 if markets remain weak. for now would advice to hedge it with a 240 call

    Hi Akash, yes. enter in small quantity tomorrow. can help recover some loss.


  6. shrikanth Says:
    June 13th, 2011
    Posted at: 4:30 pm

    Hi CB, Is it good to invest in Chennai Petroleum. I saw that its in Refineries business and saw its a good dividend paying company.

    If its a good investment bet say 1-2 years, what is the best level to enter?


  7. suzane Says:
    June 13th, 2011
    Posted at: 4:54 pm

    Hi CB, what to do with IDEA ?? today is its result , am worried as in huge quantity. How should be its result. Brokers on TV are expecting loss in it. Am worried a lot. What to do, and when its result going to be declared. What one should do ??


  8. CB Says:
    June 13th, 2011
    Posted at: 4:58 pm

    Hi shrikanth, yes, fundamentally its a good bet. one can invest in it for long term

    Hi suzane, lets see how results shape up. if its better than expectations, stock is likely to open gap up


  9. DS Says:
    June 13th, 2011
    Posted at: 5:01 pm

    Dear CB,

    Can we go long @ 5480 and hedge with a 5900 Put now?Also when shd i exit UTV? What is the near term target?


  10. abhi Says:
    June 13th, 2011
    Posted at: 5:07 pm

    m in big loss in se investment..should i hold or exit?bot at 20.plz advice


  11. Nag Says:
    June 13th, 2011
    Posted at: 5:08 pm

    Hi CB,

    Whats ur view on tata motors and how is it looking on the charts??
    Any chances of it going to 1100 this month??


  12. suzane Says:
    June 13th, 2011
    Posted at: 5:12 pm

    Hi CB, can u temme at what time they are going to announce ??


  13. CA.Tejas Says:
    June 13th, 2011
    Posted at: 5:35 pm

    What will be the long term tgt of Confidence petro.... and avon corp after 2-3 yrs....


  14. suzane Says:
    June 13th, 2011
    Posted at: 5:47 pm

    Hi CB, it seems IDEA announced its result, Plz check its announcement and inform me how is it ?? what target you suggest tommorow ??


  15. himanshu Says:
    June 13th, 2011
    Posted at: 5:54 pm

    hey cb/tejas/kartik
    good evening


  16. himanshu Says:
    June 13th, 2011
    Posted at: 5:59 pm

    today i forgot to exit from 5400 pe which is bought at rs70
    what should i do?

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