Quotes with Resistance & Support
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Intraday calls for 13-07-12

Posted on: July 13th, 2012 at 8:21 am

Markets likely to open flat. Support for nifty is at 5200 and resistance at 5280

Buy Jaiprakash Associates at 78.50, target: 82. Stoploss: 76.50 – (Exit from Jp assoc at 77.50)
Buy Mangalore Chemicals & Fert at 51.65, target: 53.80. Stoploss: 50.50 – (Book profits at 53.30-53.50)

Trade in small quantity.

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543 Responses

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Comment pages: 262728293031323334Show all

  1. SR Says:
    July 13th, 2012
    Posted at: 5:51 pm

    Hi Sandip, GE :)


  2. divya Says:
    July 13th, 2012
    Posted at: 6:11 pm

    hi SR,

    Sunil Rao en samachara..u wr not in the board for sometime...

    will there be a pull back from here in Nifty...markets hav become so boring..but daily eating premium..people holding both PE and CE are ruined this week...


  3. SR Says:
    July 13th, 2012
    Posted at: 6:40 pm

    Hi divya, Nifty will likely give a short covering rally in the coming week (most likely on Tuesday). See my technical view posted at 5:16pm


  4. ravinder Says:
    July 13th, 2012
    Posted at: 6:44 pm

    Hi,
    Is forex trading safe & secure plz guide about it.


  5. sheeja Says:
    July 13th, 2012
    Posted at: 6:45 pm

    Hi CB, please answer my query asked at 12.19 pm....pls check and do the needful...


  6. CB Says:
    July 13th, 2012
    Posted at: 6:59 pm

    Hi ravinder, its considered to be a bit safer than equity markets. you may open an account here and start trading with a deposit of $50-$100. http://www.etoro.com/A36256_TClick.aspx

    Hi sheeja, sorry! was not online before. these are good med/ long term bets. once small/ mid caps start moving, these will do well


  7. sheeja Says:
    July 13th, 2012
    Posted at: 7:23 pm

    Ok thanks CB...i bought Hexware @114, hope it will not go down further...is there any chance to move up for short term?


  8. Ravichandran Says:
    July 13th, 2012
    Posted at: 7:30 pm

    Hi cb, can i re-enter Hindalco on Monday? Whats your suggestion


  9. Rise Says:
    July 13th, 2012
    Posted at: 7:32 pm

    sir holding call option of usd inr....hw will b markt react on monday???


  10. wajeed Says:
    July 13th, 2012
    Posted at: 7:49 pm

    hi cb can u please suggest me 5 to 6 stocks for short term of 3 months i want to invest in equities thanks in advance.


  11. CB Says:
    July 13th, 2012
    Posted at: 7:58 pm

    Hi sheeja, it does have strong support at 110-112 levels. hold it. can bounce back to 118

    Hi Ravichandran, yes. can enter it. can see 125

    Hi Rise, can test 55.50

    Hi wajeed, can look to add tvs motors, ibreal, dcb and manappuram on dips.


  12. Ravichandran Says:
    July 13th, 2012
    Posted at: 8:06 pm

    Thank you CB for your valuable advise.


  13. SR Says:
    July 13th, 2012
    Posted at: 8:17 pm

    Europe and US on fire. We may see the short covering rally to 5363 on Monday itself :)


  14. bk Says:
    July 13th, 2012
    Posted at: 8:18 pm

    HI Cb,

    good evening... how r u.

    pls advise me on jindal steel buy at 440. i have nearly 4 lots. yesterday and even today it touched 450. but due to some work busy not sold.

    today it fell down to 427. pls advise me will it come back to my buy level on monday or some more fall expected?..


  15. CB Says:
    July 13th, 2012
    Posted at: 8:32 pm

    Hi Ravichandran, most welcome

    Hi SR, yes, does seem so

    Hi bk, Good evening. as of now seems may open a bit higher on Monday. has strong support at 425. can see a bounce from here.


  16. bk Says:
    July 13th, 2012
    Posted at: 8:47 pm

    Thanq CB,

    wish you happy weekend.

    i am staying in THIRUPATHI, Andhra Pradesh.

    if you have any plans to have balaji darshan. i will accompny u@@@@@@@@@@@

    Good night.

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