Quotes with Resistance & Support
Market Information

Intraday calls for 17-06-13

Posted on: June 17th, 2013 at 8:27 am

Markets likely to open flat. Support for nifty is at 5740 and resistance at 5860.

Buy Lupin at 783.5, target: 798. Stoploss: 770 – (Book profit in Lupin at 798)

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227 Responses

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Comment pages: 789101112131415Show all

  1. SaiPalanivel Says:
    June 17th, 2013
    Posted at: 4:17 pm

    HI jaikumar,YOUR FROM?


  2. cvrprakash Says:
    June 17th, 2013
    Posted at: 4:18 pm

    Dear CB,

    Hope I had asked you this before , I was holding shorts in Kolte Patil.
    Not yet covered. Today also it went till 75 levels, I expected it may come near 73.
    But all of a sudden it raised above 79 during closing trade. How you read this, Can I cover my shorts tomorrow and enter long? Or wait. Please suggest. Thanks.


  3. Sachin Says:
    June 17th, 2013
    Posted at: 4:28 pm

    Hi CB

    I have invested in Singer Ltd at 108. What should I do currently trading at 104. Target for 6-9 months

    regds
    Sachin


  4. CB Says:
    June 17th, 2013
    Posted at: 4:55 pm

    Hi cvrprakash, yes, has been moving with the nifty. shall wait for few more days.

    Hi Sachin, it does look good technically. can test 130 again in med term.


  5. ARVIND Says:
    June 17th, 2013
    Posted at: 5:06 pm

    sir, i have bought 500 united phosphorus @146.50 today what r view on friday?

    thanks


  6. CB Says:
    June 17th, 2013
    Posted at: 5:42 pm

    Hi ARVIND, seems can bounce back to 152 levels this week.


  7. Mohankumar Says:
    June 17th, 2013
    Posted at: 6:03 pm

    hello CB,

    How about the market tomorrow, will be negative bias or will maintain in positive? how it looks?


  8. Shravan Says:
    June 17th, 2013
    Posted at: 6:28 pm

    HI CB
    DLF did not move much today even though Nifty was strong and Europe positive.
    What is thee outlook for this stock till Thursday?

    Can it cross 200? im holding 7 Lots of 200 CE in 50 % Loss.


  9. Kartik Says:
    June 17th, 2013
    Posted at: 7:37 pm

    Hi Mohankumar, seems may trade flat tomorrow, also lets wait to see how Global ques manage to ract tonight

    Hi Shravan, DLF below 200 looks weak overall, try to exit from your CE and hedge them with a couple of PE's


  10. YASIR ARAFATH Says:
    June 17th, 2013
    Posted at: 7:38 pm

    Sir..Lanco infratech (LITL) 2500 nons in my hand now...pls suggest your opinion....


  11. raushan Says:
    June 17th, 2013
    Posted at: 7:54 pm

    sir can i buy jubilant food for 2-3 months pls give taget and stoplloss


  12. PK Says:
    June 17th, 2013
    Posted at: 8:01 pm

    Tomorow again it will b a good gaining day for all....
    Global cues will help us to move upward...
    Nifty can test 5880-5920 if all going well...

    Sir tomorow opening can i enter in SBI 2150 CE


  13. raushan Says:
    June 17th, 2013
    Posted at: 8:12 pm

    sir i want to invest some amount for 1 to 3 months pls guide me which is better option
    reliance capital .Bata . Titan . punj loyd . Glenmmark


  14. WELL PLAN Says:
    June 17th, 2013
    Posted at: 8:16 pm

    HI KARTIK GE,

    NIFTY TAKE SUPPORT 5768 & CLOSE ABOVE 5840 WAS POSITIVE SIGN.

    NOW NIFTY TARGET UPSIDE ABOVE 5950.

    SBI POSSIBLE LEAD MARKET CLOSE ABOVE 2070 GOOD SIGN.

    RELIANCE TARGET POSSIBLE 860+ IN SHORT PERIOD.


  15. Kartik Says:
    June 17th, 2013
    Posted at: 8:22 pm

    Hi YASIR ARAFATH, if in profits, would be safe to book as Markets look uncertain

    Hi raushan, its in a downtrend, avoid it

    Hi raushan, they seem to be trading weak with the Markets, would be better to wait for some time before making a move in the mentioned bets

    Hi WELL PLAN, GE, thanks for your views


  16. Ankit Chanda Says:
    June 17th, 2013
    Posted at: 8:45 pm

    Hi Kartik, GOOD EVENING SIR.... IS THERE ANY POSSIBILTY OF 6100 CE GOING AT 6.70 NOW WILL INCREASE TO 30-40 BY THE END OF THIS JUNE SESSION.... AS IM HAVING 6100 CE @ 34.... PLEASE SUGGEST ME....

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