Quotes with Resistance & Support
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Intraday calls for 17-06-14

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

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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  1. ravii Says:
    June 17th, 2014
    Posted at: 4:50 pm

    Hello NIZ,

    Generally If you are holding any put below 10 then switch to other active puts to avoid the time decay/premium loss on OTM puts

    Ex: 7100 put was trading 8 rs when nifty was trading @7700
    7100 put was trading 4 rs when nifty was trading 7530 y'day ..if you would have switched to 7400 put near 7700 earlier then you would be in a position to recover your loss..


  2. ankush Says:
    June 17th, 2014
    Posted at: 4:53 pm

    Hi NIZ,
    Bhai yeh market hai..daily crore ka kaam hota hai...apba b tym ayega..dnt wrry..de do...profit hi toh hai..capital toh barabar hai apni...kyu...??


  3. CB Says:
    June 17th, 2014
    Posted at: 5:12 pm

    Hi NIZ, sorry for that.. shall recover it in near term.

    Hi TAPAN, can test 315 if markets remain strong

    Hi shailendra, ok. gail does look good. can move higher.. hdil can test 105 again in near term

    Hi abs, its already rallied quite a bit. dont enter it now. can add some of cords cable for nw

    Hi ankush, yes, usually does well in flat markets. its a hold. technically looks strong

    Hi Ravi Kiran, no, as of now none.


  4. TradeWarrior Says:
    June 17th, 2014
    Posted at: 5:12 pm

    Overall Advances/Declines Jun 17, 2014 16:00:00 IST

    Advances 1156
    Declines 376
    Unchanged 44
    Total 1576


  5. divyesh Says:
    June 17th, 2014
    Posted at: 5:16 pm

    Hi cb,
    how did u see the idea on tomm


  6. Wahid Says:
    June 17th, 2014
    Posted at: 5:21 pm

    Hi CB Sir is Dish Tv is still holding is worth, Nifty moved nearly 100 points up, but Dish din't move a bit. Please Advise me. Thanks


  7. NIZ Says:
    June 17th, 2014
    Posted at: 5:35 pm

    Hi ravii, thanks i will follow it next time


  8. NIZ Says:
    June 17th, 2014
    Posted at: 5:37 pm

    Hi CB, always i trust u cb ji. thanks for the great support.


  9. marie Says:
    June 17th, 2014
    Posted at: 5:44 pm

    cb g, i have 2lots coalindia 430ce at 10, any posible to reach 430


  10. CB Says:
    June 17th, 2014
    Posted at: 5:55 pm

    Hi marie, its a hold. can test 415-418 levels

    Hi NIZ, thanks. you are always welcome.. cheer up

    Hi Wahid, yes, its a hold for short term. dont add more

    Hi divyesh, can test 143


  11. PKP Says:
    June 17th, 2014
    Posted at: 5:58 pm

    HI SIR WAS HOLDING BANK NIFTY 15400 CE AND IT MORNING IT WENT DOWN SO I PLACED A SL OF 140 AND GOT EXITED IN LOSS, BUT AFTER THAT IT RALLIED SO HIGH AND MADE A HIGH OF 298... WHAT A BAD LUCK OF MINE....
    NOW HOLDING HERO MOTO CO PE OF 2500, THAT ALSO IN LOSS....


  12. Wahid Says:
    June 17th, 2014
    Posted at: 6:38 pm

    Hi CB Thanks for your advise, can you please suggest target for Dish Tv India, Thanks once again.


  13. fe Says:
    June 17th, 2014
    Posted at: 6:51 pm

    hi tomorrow nifty and adani port up or down side and target


  14. shreeux Says:
    June 17th, 2014
    Posted at: 7:09 pm

    Hi, CB,

    GMDC bought @ 164.....short term exit?

    SINTEX bought @ 90.....short term exit?

    VISAKA IND bought @ 121.....short term exit?

    VOLTAMP holding @ 709.....short term exit?

    Thanks in advance!!!


  15. CB Says:
    June 17th, 2014
    Posted at: 7:19 pm

    Hi shreeux, these are looking good technically. hold for few days. can add another 7-10%

    Hi fe, seems markets may open flat. Adani ports can test 245.

    Hi Wahid, its a hold for short term. can test 62

    Hi PKP, never mind. shall recover the loss soon. heromoto is a hold with strict sl at 2620 can test 2520


  16. sampath Says:
    June 17th, 2014
    Posted at: 7:32 pm

    hi cb sir suzlon sell or hold buying price at 34.25

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