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: 282930313233343536Show all

  1. rishu Says:
    June 18th, 2012
    Posted at: 3:38 pm

    Hi SR,thanks

    is there any formula read some where but didnt get it


  2. Ravichandran Says:
    June 18th, 2012
    Posted at: 3:38 pm

    Hi cb sir, Iam holding [email protected]. Shall i hold or exit current level


  3. siva Says:
    June 18th, 2012
    Posted at: 3:44 pm

    Hi CB,

    Can i enter 5200 CE.

    Please adivce how the markets will react tommorow.

    Thanks in advance.....


  4. Akash Says:
    June 18th, 2012
    Posted at: 3:48 pm

    Hi CB, Will Nifty see 4800 in this expiry?


  5. test Says:
    June 18th, 2012
    Posted at: 3:51 pm

    i am in loss bahrti aclla t 313 nad havelis at 547...wht level iexit?


  6. abhishek Says:
    June 18th, 2012
    Posted at: 3:58 pm

    HI CB,

    Bought Tata Steel 420 call at 10. Your suggestion.


  7. ekta Says:
    June 18th, 2012
    Posted at: 4:11 pm

    Sir,

    We are holding UNITED SPIRIT, was expecting to touch 700 levels as advise by you...!

    pls advice this week can come around that level....!!

    what is ur view ?


  8. Bhima Says:
    June 18th, 2012
    Posted at: 4:12 pm

    Dear CB, Gud evening...

    I have IDFC puts shall we see it 1-2 rs down tomorrow???


  9. Robotguy Says:
    June 18th, 2012
    Posted at: 4:17 pm

    Hi ARCHANAREDDY, Extremely Sorry, missed your query. keep stop loss of 5010 on Nifty future...


  10. Robotguy Says:
    June 18th, 2012
    Posted at: 4:18 pm

    Hi ani, What is your position now ?


  11. Bharath Says:
    June 18th, 2012
    Posted at: 4:18 pm

    Hi CB,

    What is the target for Tata motors in the next 2 days?


  12. Robotguy Says:
    June 18th, 2012
    Posted at: 4:27 pm

    Hi imran khan, Sorry just came online now

    Nice to know you booked profit in the nifty 5000 put @60. So I hope you are having 1 lot of Call only right, No other position ...


  13. CB Says:
    June 18th, 2012
    Posted at: 4:32 pm

    Hi ravii, yes, for now would be best to try and exit on a bounce

    Hi ani, its a hold will do well once nifty nears 5000

    Hi Ravichandran, its a hold for short term. likely to recover back

    Hi siva, no, dont enter a 5200ce yet. markets do look a bit weak

    Hi Akash, not sure of 4800 yet

    Hi test, hold these for short term. do look good technically

    Hi abhishek, its a hold for now. sl near 414

    Hi ekta, hold it for few days. does look good technically

    Hi Bhima, yes, can see 125

    Hi Bharath, can test 241.


  14. uniyal Says:
    June 18th, 2012
    Posted at: 4:35 pm

    Hi CB, Sir news flash after market close that Fitch has revised india's rating from stable to negative. This news is negative, how will market react on this news tomorrow morning. Gap down or flat, please suggest


  15. sundar Says:
    June 18th, 2012
    Posted at: 4:38 pm

    Sir,

    Where we can SBI tomorrow?


  16. Ravichandran Says:
    June 18th, 2012
    Posted at: 4:45 pm

    Hi cb good evening,thanks for your suggestion

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