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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Comment pages: 789101112131415Show all

  1. Ravichandran Says:
    June 18th, 2012
    Posted at: 10:24 am

    Thanks cb sir, have a good day


  2. sona Says:
    June 18th, 2012
    Posted at: 10:25 am

    Hi CB, y sudden downward movement


  3. imran khan Says:
    June 18th, 2012
    Posted at: 10:25 am

    Hi CB, Thanks CB i will wait


  4. CB Says:
    June 18th, 2012
    Posted at: 10:26 am

    Hi Akash, hold ce with sl at 5160.


  5. Vasanth Says:
    June 18th, 2012
    Posted at: 10:26 am

    HI CB,

    Can i buy IOB for dividend going to be declared on 23rd...


  6. RAMA Says:
    June 18th, 2012
    Posted at: 10:26 am

    Wait...


  7. CB Says:
    June 18th, 2012
    Posted at: 10:27 am

    Hi Ravichandran, you too have a good day

    Hi sona, profit booking it seems

    Hi imran khan, most welcome

    Hi Vasanth, not yet. looks a bit weak


  8. CB Says:
    June 18th, 2012
    Posted at: 10:27 am

    Hi Akash, ok.. lets wait till rbi meet outcome


  9. sanzy Says:
    June 18th, 2012
    Posted at: 10:29 am

    holding
    BankNifty 10400CE
    L&T 1400CE
    ICICI 860CE

    pls suggest should i exit or hold


  10. CB Says:
    June 18th, 2012
    Posted at: 10:29 am

    Hi sanzy, hold with sl at 5150 for now.


  11. abhishek Says:
    June 18th, 2012
    Posted at: 10:31 am

    HI CB, Having HUL 360 CE and Tata steel 430 Ce. Your suggestion.


  12. CB Says:
    June 18th, 2012
    Posted at: 10:32 am

    Hi abhishek, hul looks good. hold for now. tata steel can test 430


  13. SaiPalanivel Says:
    June 18th, 2012
    Posted at: 10:32 am

    CB SIR, WHATS YOUR VIEW RBI NEWS +VE MARKET? ANY -VE IMPACT YOUR ADVICE. EXIT NIFTY PE. AND HOLD 5300 CE @ 40.00 LEVEL.


  14. shashi Says:
    June 18th, 2012
    Posted at: 10:33 am

    CB SIR...........
    can i enter 5200ce now....


  15. CB Says:
    June 18th, 2012
    Posted at: 10:33 am

    Hi SaiPalanivel, not really sure of the outcome yet. hold ce for now. keep sl at 5150.


  16. CB Says:
    June 18th, 2012
    Posted at: 10:33 am

    Hi shashi, wait for some more time.enter above days higher near 5185

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