Intraday calls for 19-06-12
Markets likely to open flat. Support for nifty is at 5035 and resistance at 5110
Buy NMDC at 167.20, target: 173. Stoploss: 163 – (book profit at 171.50)
12.37pm – exit from 5000pe at 30
12.49pm – Buy Polaris Software at 122.50, target: 128. Stoploss: 118 (1-2 day hold)
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CB Says:
June 19th, 2012
Posted at: 1:40 pm
Hi Imran khan, not really sure yet.
satya Says:
June 19th, 2012
Posted at: 1:44 pm
CB sir 5000 put ple tell the exit price....
CB Says:
June 19th, 2012
Posted at: 1:45 pm
Hi satya, guess will need to hold it a bit longer. can test 60 in coming days. sl near 5110
satya Says:
June 19th, 2012
Posted at: 1:46 pm
ok... i will hold... thanks...
shashi Says:
June 19th, 2012
Posted at: 1:47 pm
Hi CB,
SIR, polaris is going down
Is it still a buy?
CB Says:
June 19th, 2012
Posted at: 1:47 pm
Hi satya, most welcome
Hi shashi, yes, looks good technically
Palanivel.KV Says:
June 19th, 2012
Posted at: 1:48 pm
CB SIR, HOLD CONTINUE NIFTY 5000 PE? HOLD LEVEL 55.00 CB SIR. PLEASE ADVICE.
CB Says:
June 19th, 2012
Posted at: 1:48 pm
Hi Palanivel.KV, yes, hold it.
Brahan Says:
June 19th, 2012
Posted at: 1:51 pm
Hi CB, understand from yr msg LT had a strong resistence @ 1350 level if there is any chance to brake that level if so wt is the target b4 expiry
sdg Says:
June 19th, 2012
Posted at: 1:51 pm
Hi CB, do you think global markets are green and we may not head down to 5000? shall I book loss and exit puts or there is chance and can hold it couple of days? please guide..
Palanivel.KV Says:
June 19th, 2012
Posted at: 1:52 pm
Thanks CB SIR.
Abraham Says:
June 19th, 2012
Posted at: 1:52 pm
CB sir,
I am trapped by the market. I sold my 29 lots of 5000PE@26. It was purchased @49... What should i do now?. Pls suggest to cover my losses...:( :):( :)
CB Says:
June 19th, 2012
Posted at: 1:53 pm
Hi Brahan, if manages to cross it can test 1380-1400 levels
Hi sdg, hold these for 1-2 days if possible
Hi Palanivel.KV, most welcome.
CB Says:
June 19th, 2012
Posted at: 1:53 pm
Hi Abraham, yes, markets have been volatile. sorry for the loss. shall recover it soon in 1-2 days.
Pravin Says:
June 19th, 2012
Posted at: 1:54 pm
Cb sir
Is Polaris software means Polaris financial technology??
CB Says:
June 19th, 2012
Posted at: 1:55 pm
Hi Akash, yes, markets are volatile. will need to hold these for 2-3 days
Hi Pravin, yes.