Intraday calls for 17-06-14

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Market Information

Intraday calls for 17-06-14

Posted on: June 17th, 2014 at 8:22 am

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Markets likely to open flat. Support for nifty is at 7500 and resistance at 7580.

Buy Strides Acrolab at 640.50, target: 658. Stoploss: 629 -(Continue to hold Strides acrolab. Looks good technically)

Thought for the day: He that would eat the fruit, must climb the tree — Scottish Proverb

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319 Responses

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NIZ Says:
June 17th, 2014
Posted at: 3:18 pm
SIR SHORT COVERING IS REASON FOR MARKET SHOOTUP?
CB Says:
June 17th, 2014
Posted at: 3:18 pm
Hi Vicky_s, can bounce back to 1120
Hi jaikumar, yes, its a hold.
bshaw Says:
June 17th, 2014
Posted at: 3:18 pm
Hi TradeWarrior, im new to this gtalk. getting google hangouts. how to add you. im online now. plz help
SURESH Says:
June 17th, 2014
Posted at: 3:20 pm
Hi CB, bpcl fut btst target please
CB Says:
June 17th, 2014
Posted at: 3:20 pm
Hi NIZ, yes, its likely
Hi SURESH, can test 625
TradeWarrior Says:
June 17th, 2014
Posted at: 3:20 pm
Hi K K, Banks, Oil&Gas rally.
Some Highlights from the Meet :
>Inflation raised due to food and fuel
>Food Price ease/Inflation to be monitored keenly by rbi and government
>Oil resources are in the south of Iraq, it has not been directly affected by the fighting.
>Foreign Exchange reserves & CAD improvement
R.THIYAGARAJAN Says:
June 17th, 2014
Posted at: 3:21 pm
HI CB SRI

CAN I ENTER NOW BPCL ,HCLTECH,GAIL &KESORAMIND
CB Says:
June 17th, 2014
Posted at: 3:21 pm
Hi R.THIYAGARAJAN, can add some of gail for now.
airbites Says:
June 17th, 2014
Posted at: 3:23 pm
Hi guna,
Hi K K,
It's a technical pullback which was expected because of charts, levels & other assorted market data which was clearly pointing to a higher probability of market touching on the higher side....
R.THIYAGARAJAN Says:
June 17th, 2014
Posted at: 3:23 pm
OK ,THANKS CB SRI

APOLLOHOSPITAL & STRA CAN I HOLD
CB Says:
June 17th, 2014
Posted at: 3:24 pm
Hi R.THIYAGARAJAN, most welcome. yes, hold thes.
SAI Says:
June 17th, 2014
Posted at: 3:26 pm
Hi CB, HOLDING STAR. SHALL I CONTINUE TO HOLD OR EXIT
CB Says:
June 17th, 2014
Posted at: 3:27 pm
Hi SAI, yes, its a hold
K K Says:
June 17th, 2014
Posted at: 3:27 pm
Hi airbites, Hi TradeWarrior,
Thanks for the updates ..
Do we see more updside in Nifty ??
When is the Budget sessions starts ?
TradeWarrior Says:
June 17th, 2014
Posted at: 3:27 pm
Hi bshaw, pined you over hangouts also.
NIZ Says:
June 17th, 2014
Posted at: 3:29 pm
should i exit 7100pe or wait for expiry?