Intraday calls for 14-07-14
Markets likely to open flat. Nifty has support at 7400 and resistance at 7620.
No pre-market call for today.
Thought for the day: The happiest of people don’t necessarily have the best of everything; they just make the most of everything that comes along their way.” – Karen S. Magee
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K K Says:
July 14th, 2014
Posted at: 11:46 am
Hi pseudonymous,
Reliance has good support @ 962 lvels. As long it is holding the levels, it is okay to go long
ITC may be under pressure for 1-2 sessions, But it will be a pure BUY on any panic, highly strong support @ 308-314 lelves, good support @ 330-335 levels. Go short on ITC counter, with small quantity and with strict stoploss with your risk appetite.
Hope it makes sense.
K K Says:
July 14th, 2014
Posted at: 11:48 am
Hi K K,
BHEL Favourites
If it breaks 220 - 227 levls, It would see 200 levels. One can go long with any amount in that stock, If it goes to 200 levls.
K K Says:
July 14th, 2014
Posted at: 11:52 am
Hi Nirav Thakkar, IRB has support @ 228-229 levls
Hi All,
Today are exports and inflation numbers coming in. Markets are in narrow range before the numbers. If Inflation numbers are high, Nifty will see 7393 in short time.
Watch it out....
viky Says:
July 14th, 2014
Posted at: 11:56 am
Hi All,
can someone tell me trgts for infy
bhavesh patel Says:
July 14th, 2014
Posted at: 12:01 pm
hiiii CB.......i have reliance future @ 1035 and sell call 1020 @ 26 ..so 1008 my break even ....tell me wht shuld i..........average or hold......
Nirav Thakkar Says:
July 14th, 2014
Posted at: 12:02 pm
Thanks...KK .. hope to see your suggest levels 228/229 with in next half hours...
Thanks again
rahul Says:
July 14th, 2014
Posted at: 12:06 pm
Buy biocon and oil India for a week .. Target 5%
ankush Says:
July 14th, 2014
Posted at: 12:06 pm
Inflation data is realy awesome...but our mkt. Will behave opposite to this also..
K K Says:
July 14th, 2014
Posted at: 12:08 pm
Hi ankush, please release the numbers here. Waiting for them ......
Rajasekar Says:
July 14th, 2014
Posted at: 12:13 pm
Hi K K, Thank u i have 7300PE @38 for 2 lot as per your advice i m exit. pl give other script any one to enter(option)
K K Says:
July 14th, 2014
Posted at: 12:16 pm
Hi Nirav Thakkar,
At what levels you are on short IRB ?? It had a big rally till Budget, and would expected to see hte levels discused, but keep increasing ur stoploss to protect the gains, IF Nifty makes wild moves after inflation numbers.
Nirav Thakkar Says:
July 14th, 2014
Posted at: 12:18 pm
ok sure
dinesh Says:
July 14th, 2014
Posted at: 12:20 pm
Hi K K, your view on pradip overseas?? is it fundamentall/technicall strong?
Priya Says:
July 14th, 2014
Posted at: 12:21 pm
June fuel n power inflation @ 9.04% vs 10.5% in May
June food inflation at 8.14% vs 9.5% in May
June core WPI inflation at 3.9% vs 3.8& in may
June WPI inflation at 5.43% vs 6% i May.Anything else guys,let me know
K K Says:
July 14th, 2014
Posted at: 12:28 pm
Hi Priya, Thanks for the update. Numbers are good. Inline with the street expectations. But no surprises..
K K Says:
July 14th, 2014
Posted at: 12:31 pm
BUY stocks if Nifty touches 7393 level
Reliance, Canara bank, BHEL, etc