Quotes with Resistance & Support
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Intraday calls for 18-06-12

Posted on: June 18th, 2012 at 8:33 am

Markets likely to open higher. Resistance for nifty is at 5160 (closing basis) and support at 5100

If markets show weakness later during the day, sell: Ambuja Cements

1.44pm – buy 5000pe at 48, target: 64. Stoploss: 5110 (spot)

For a technical view on Nifty, Hindalco, DLF & Dr.Reddy, click here

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567 Responses

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  1. Karan Sharma Says:
    June 18th, 2012
    Posted at: 8:35 am

    Hi Gud Morning,

    Sold Ranbaxy (1 lot) @ 478.
    Sold Titan (1 lot) @ 217.
    Plz tell what to do?


  2. SaiPalanivel Says:
    June 18th, 2012
    Posted at: 8:36 am

    HI CB SIR, CAN EXIT NIFTY 5000 PE? OR WAIT SOME MORE TIME? YOUR ADVICE.


  3. CB Says:
    June 18th, 2012
    Posted at: 8:37 am

    Hi Karan Sharma, Good morning. keep sl at 484 for ranbaxy. titan is a hold with sl at 221 for now.


  4. CB Says:
    June 18th, 2012
    Posted at: 8:37 am

    Hi SaiPalanivel, yes, shall exit if nifty trades above 5160 for few min.


  5. Vinay Says:
    June 18th, 2012
    Posted at: 8:40 am

    GM CB sir,can u tell me at what target i can exit irb today?been holdin from 2 days..also no intraday call for the day other than ambuja cement?


  6. CB Says:
    June 18th, 2012
    Posted at: 8:41 am

    Hi Vinay, Good morning. IRB can test 128-129 today. no other call yet. seems all may open gap up


  7. SaiPalanivel Says:
    June 18th, 2012
    Posted at: 8:41 am

    CB SIR, CAN ENTER 5300 CE OPENING LEVEL?


  8. Subin Says:
    June 18th, 2012
    Posted at: 8:42 am

    Hi gm..can i enter in [email protected] ?

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