Quotes with Resistance & Support
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Intraday calls for 16-06-16

Posted on: June 16th, 2016 at 8:33 am

Markets likely to open lower. Support for Nifty is at 8150 and resistance at 8300. Bank Nifty has support at 17700 and resistance at 18000.

No pre-market call for today. If markets show recovery later during the day, buy: REC ltd.

11.25am – Buy Jet Airways at 561, target: 572. Stoploss: 556 – (SL triggered in Jet airways)

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168 Responses

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  1. Riyaz Says:
    June 16th, 2016
    Posted at: 8:46 am

    Good morning cb today irb infra target pls?


  2. rishikanta Says:
    June 16th, 2016
    Posted at: 8:48 am

    good morning CB sir


  3. Prathmesh Says:
    June 16th, 2016
    Posted at: 8:48 am

    Thnx sir, is there chances of Coal India to go 330/- in coming weeks? If yes I will wait till 328-330/- pl guide.


  4. Bala Says:
    June 16th, 2016
    Posted at: 8:49 am

    Hi CB, Having BAJAJHIND .Not sure, why this stock is not growing when almost all other sugar stocks are doing UC. Better to switch to another or its a hold for a week time?


  5. CB Says:
    June 16th, 2016
    Posted at: 8:49 am

    Hi Riyaz, Good morning. seems may remain flat. hold with sl at 210. below this can fall further.

    Hi Prathmesh, yes, its going strong above 300 levels. lets hold

    Hi rishikanta, Good morning.


  6. DA Says:
    June 16th, 2016
    Posted at: 8:50 am

    Hello sir your view on amteck auto and gmr infra .


  7. CB Says:
    June 16th, 2016
    Posted at: 8:50 am

    Hi Bala, it is going a bit strong still. lets hold for few days. dont add more yet. company has huge debt, that could be one issue


  8. AJ Says:
    June 16th, 2016
    Posted at: 8:50 am

    short AXIS BK on opening?


  9. Jaikumar Says:
    June 16th, 2016
    Posted at: 8:50 am

    Hi cb
    Shall I go with Tata motors or coal India intraday?


  10. CB Says:
    June 16th, 2016
    Posted at: 8:50 am

    Hi AJ, no, not yet

    Hi DA, amtek is going weak. avoid for now.gmr infra can test 13.5 in coming days


  11. Prathmesh Says:
    June 16th, 2016
    Posted at: 8:50 am

    ok sir many thnx.


  12. CB Says:
    June 16th, 2016
    Posted at: 8:51 am

    Hi Jaikumar, can add coal India above 311


  13. CB Says:
    June 16th, 2016
    Posted at: 8:51 am

    Hi Prathmesh, most welcome


  14. ken Says:
    June 16th, 2016
    Posted at: 8:51 am

    Many thanks CB as always and good day ahead


  15. Hemanth Says:
    June 16th, 2016
    Posted at: 8:51 am

    GM CB sir, kindly let me know your view on Relinfra for today. Still holding the call


  16. CB Says:
    June 16th, 2016
    Posted at: 8:53 am

    Hi ken, most welcome.. you too have a good day

    Hi Hemanth, Good morning. it can test 550-555 in 2-3 days. hold for now

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