Quotes with Resistance & Support
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Intraday calls for 13-07-11

Posted on: July 13th, 2011 at 8:29 am

Markets likely to open higher, Support at 5480. resistance at 5580

Buy Kotak Mahindra bank at 476, SL 470, Target: 485 – (book profit at 485)

1.21pm – buy abg shipyard at 385.45, target: 391. Stoploss: 380

FII Moves –
Buy 3 lac shares of IRB infra
buy 3.25 lac shares of Pantaloon retail
buy 42 lac shares of Idea.
sell 6 lac shares of Sun tv.

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538 Responses

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  1. ganesh Says:
    July 13th, 2011
    Posted at: 12:46 pm

    not necessarily sri! all asian markets are doing well!


  2. ddayal Says:
    July 13th, 2011
    Posted at: 12:48 pm

    entered 56 PE @ 93 lets see


  3. cheenu Says:
    July 13th, 2011
    Posted at: 12:50 pm

    margin buy vijaya bank;68.2 target 69.5 and stoploss 67.7


  4. cheenu Says:
    July 13th, 2011
    Posted at: 12:55 pm

    margin sell hdfc cmp 685-686 target 678.7 stoploss 690


  5. shiva Says:
    July 13th, 2011
    Posted at: 12:57 pm

    Hi Sunil Rao, thanks...sometimes I wonder if Jubifood was worth 800-900 ..then why its owners didnt keep IPO price above 280...They actually could have got more money out of it..wats ur say?


  6. arun bj Says:
    July 13th, 2011
    Posted at: 12:57 pm

    cb can i buy dena bank call 90. . How is looks


  7. arun bj Says:
    July 13th, 2011
    Posted at: 1:00 pm

    hi sunil rao please reply me . Can i buy dena bank call 90. . How is looks


  8. Ary Says:
    July 13th, 2011
    Posted at: 1:05 pm

    Hi CB,

    Wipro and SBi not moving only. I am holding their PEs


  9. Sri Says:
    July 13th, 2011
    Posted at: 1:07 pm

    Hi CB,

    Nifty touched 5580 again..

    Whether it will touch 5550 today???


  10. SATISH BHATI Says:
    July 13th, 2011
    Posted at: 1:10 pm

    what should i buy now for intraday
    pls say me


  11. shrikanth Says:
    July 13th, 2011
    Posted at: 1:17 pm

    HI CB, ANy call now?


  12. Sunil Rao Says:
    July 13th, 2011
    Posted at: 1:19 pm

    Hi shiva, Most Welcome. Generally IPOs are listed at a comfortable price so that the IPOs are completely booked and both the investors and the owners may make money out of it. But sometimes the momentum in the IPOs leads them to much higher levels than expected.

    Hi arun bj, Looks good, can be entered with a SL below 85 for a target of 87.


  13. CB Says:
    July 13th, 2011
    Posted at: 1:21 pm

    buy abg shipyard at 385.45, target: 391. Stoploss: 380


  14. ddayal Says:
    July 13th, 2011
    Posted at: 1:21 pm

    Hi CB Hi Sunil Rao
    Strangle seems to be a gd idea
    i am very new to nifty options i buy naked calls or puts depending on nifty spot resistance and support levels and quit after 5 points loss or gain

    if u both have time pl guide abt strangle say NF is hovering ard 5580-5590 which CE and which PE to choose and why thx in advance


  15. cheenu Says:
    July 13th, 2011
    Posted at: 1:22 pm

    margin buy hdfban cmp 2514-2516 target 25233 and stoploss 2503


  16. CB Says:
    July 13th, 2011
    Posted at: 1:23 pm

    Hi Ary, yes, hold for now. nifty is not really doing much since long. moving in a 14-20 point range

    Hi shrikanth, buy some of abg ship

    Hi SATISH BHATI, buy some of abg ship

    Hi Sri, seems may remain in the 5550-5580 zone

    Hi ddayal, guess Sunil would be able to guide you regarding this.

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