Intraday calls for 16-07-12
Markets likely to open flat. Support for nifty is at 5200 and resistance at 5270.
Buy Gulf Oil Corporation at 98.15, target: 102. Stoploss: 95.50 – (Exit from Gulf oil at 97.75)
SMS Alerts, no more page refreshes required
437 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
Ajay Says:
July 16th, 2012
Posted at: 4:14 pm
Dear CB.. do you still advise me to hold on to these stocks, anytime frame to exit without loss /with profit.
GSPL [email protected], GMRI [email protected], SRIRENUKA [email protected], 3I Infotech [email protected]
Thanks
mohansomareddy Says:
July 16th, 2012
Posted at: 4:21 pm
SIR
ihave gati @44 what is support and resistance levels
Sandip Says:
July 16th, 2012
Posted at: 4:44 pm
Hi CB,
Really disappointed from market from last one week ):
Could you suggest me few penny stocks for long term investment?
Monica Says:
July 16th, 2012
Posted at: 4:52 pm
Hi CB, Goodevening..market is not doing well this month..can v expect any upward movement b4 this xpiry? and 'am holding TCS 1300 CE at rs.3 & SBIN 2300 CE at rs.25...wot's ur suggestion on these 2?
CB Says:
July 16th, 2012
Posted at: 4:53 pm
Hi suzane, it tends to move with the nifty. hold for now.if markets improve, can see 320
Hi Akash, ok. can lets see how US markets close, shall take a call tomorrow
Hi Ajay, yes, these are fundamentally good bets. once markets improve, will give decent returns
Hi mohansomareddy, technically looks strong above 36 levels. hold it
Hi Sandip, yes. no real movement seen. can add nila infra, jvl agro for long term.
Dhaval Says:
July 16th, 2012
Posted at: 4:54 pm
Sir
we have carry fwd long position in GULFOIL...???
pls advice
CB Says:
July 16th, 2012
Posted at: 4:54 pm
Hi Monica, Good evening. as of now seems may continue to remain a bit flat. if manages to have 2-3 closes below 5200, can test 5140. tcs and sbi ce are a hold. for sbi keep sl at 2185
CB Says:
July 16th, 2012
Posted at: 4:55 pm
Hi Dhaval, its a very low volume stock. hold it for short term.
Dhaval Says:
July 16th, 2012
Posted at: 4:56 pm
Sir also holding United with avg of 785 ? pls advice
Dev Says:
July 16th, 2012
Posted at: 5:00 pm
How about Nifty 5300 CE I have at 10.00. Should I hold or sell?
Sandip Says:
July 16th, 2012
Posted at: 5:03 pm
Hi CB,
On Friday US market DJ and NASDAQ was up nearly 1.75%.
Still Indian market is not showing movement.
Also today cues are good still we traded in down.
shailesh Says:
July 16th, 2012
Posted at: 5:29 pm
I have TCS 1250 CE at 8.5 Rs. What should I do? Can I hold or exit tomorrow morning. Why sudden fall in this stock after a decent result. Can we expect 1250+ in this series. I was hoping that it could touch 1300 in this series.
CB Says:
July 16th, 2012
Posted at: 5:38 pm
Hi Dhaval, it does look good. can test 800-810
Hi Dev, if nifty opens below 5200 tomorrow would advice to exit from it
Hi Sandip, yes, Asian markets did open a bit flat. lets see how US markets close tonight. Important retails data to be out tonight
Hi shailesh, it does have good support at 1200 levels. hold with sl at 1200 for now.if holds onto it, can see 1250 again
Pankaj Says:
July 16th, 2012
Posted at: 6:24 pm
Hi CB, is there charting software for intraday trading free of cost....? if yes, please tell me...
choton Says:
July 16th, 2012
Posted at: 6:29 pm
hi cb, I"ve 70relinfra@585 ... 170sesagoa@205 .... [email protected] [email protected] ...... 200hdil@92...... 320 [email protected] .... [email protected]@19.5 ...... pls. guide me.....
CB Says:
July 16th, 2012
Posted at: 6:35 pm
Hi Pankaj, no, not sure of any free one. A very basic chart is available on nsendia.com for free
Hi choton, we will need to give these some time. don't add more stocks in your portfolio yet. markets are not really going anywhere and volumes too are low. once markets improve, these will give you good returns.