Quotes with Resistance & Support
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Intraday calls for 16-07-13

Posted on: July 16th, 2013 at 8:25 am

Markets likely to see a gap down opening. Support for nifty is at 5880.

If markets show recovery later during the day, buy: Tata Global

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272 Responses

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Comment pages: 8910111213141516Show all

  1. Ankit Chanda Says:
    July 16th, 2013
    Posted at: 11:29 am

    Hi CB, SIR...CORRECTION.... BOUGHT 5900 CE @ 94 AND 6000 PE @ 102.....WHAT TO DO NOW SIR??? STOP LOSS FOR THESE???PLEASE SUGGEST???


  2. cvrprakash Says:
    July 16th, 2013
    Posted at: 11:32 am

    Dear CB,

    I was in short in Apollo tyres, really thats my mistake that i expected some correction may come in as it rallied from 54-67 levels.
    That dint happened and I booked loss.
    Please suggest, even today overall market showing bearishness, Apollo staying in positive band. Is this showing fresh buy happening now? High target near 75 possible?


  3. CB Says:
    July 16th, 2013
    Posted at: 11:33 am

    Hi ARVIND, its rallied quite a bit. possible sees some profit booking/ consolidation in near term before moving higher. hold for now

    Hi Ankit Chanda, its a hold with sl at 5920 for now

    Hi Mohankumar, hold for now. sl at 304

    Hi prashanth 1980, seems a bit unlikely today

    Hi Arun, its a hold for short term. dont add more yet.


  4. CB Says:
    July 16th, 2013
    Posted at: 11:34 am

    Hi cvrprakash, apollo is in a no trade zone as of now. has resistance near 68 and support at 52. possible consolidates a bit here after recent fall


  5. Ankit Chanda Says:
    July 16th, 2013
    Posted at: 11:34 am

    Hi CB, SIR... THATS FOR THE 5900 CALL RIGHT??? WHAT ABOUT UR 6000 PE SIR???


  6. CB Says:
    July 16th, 2013
    Posted at: 11:36 am

    Hi Ankit Chanda, yes. hold pe for now.


  7. Ankit Chanda Says:
    July 16th, 2013
    Posted at: 11:36 am

    Hi CB, OHK SIR THANKS A LOT...


  8. CB Says:
    July 16th, 2013
    Posted at: 11:38 am

    Hi Ankit Chanda, most welcome.


  9. raushan Says:
    July 16th, 2013
    Posted at: 11:39 am

    till now i didnt buy tata global should i buy now?
    i buy reliance 200@892 pls advice for both


  10. RC Says:
    July 16th, 2013
    Posted at: 11:39 am

    Hi CB, can I enter 5900 PE of this series @cmp?


  11. SS Says:
    July 16th, 2013
    Posted at: 11:39 am

    Hi CB, do you suggest to hold ongc long ? If yes, tgt in couple of days ?


  12. CB Says:
    July 16th, 2013
    Posted at: 11:40 am

    Hi raushan, yes, can add few here. ril looks good. hold onto it. can test 920 in coming days

    Hi RC, not yet. has support at 5920


  13. CB Says:
    July 16th, 2013
    Posted at: 11:40 am

    Hi SS, yes, can test 310 again


  14. Ankit Chanda Says:
    July 16th, 2013
    Posted at: 11:40 am

    Hi CB, SIR....WHAT I DID IS...I EXITED FROM 5900 CE FOR NOW....I UNDERSTOOD WHAT U MEANT....SO NOW I AM HOLDING ONLY 6000 PE @ 101.... WHAT WILL BE THE STOP LOSS FOR THIS??? AND TARGET???


  15. PKP Says:
    July 16th, 2013
    Posted at: 11:40 am

    Sir how is LT look


  16. RC Says:
    July 16th, 2013
    Posted at: 11:41 am

    or else can I enter ICICI 980 PE for 2-3 days?

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