Quotes with Resistance & Support
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Intraday calls for 19-06-12

Posted on: June 19th, 2012 at 8:27 am

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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471 Responses

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Comment pages: 181920212223242526Show all

  1. CB Says:
    June 19th, 2012
    Posted at: 1:40 pm

    Hi Imran khan, not really sure yet.


  2. satya Says:
    June 19th, 2012
    Posted at: 1:44 pm

    CB sir 5000 put ple tell the exit price....


  3. 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


  4. satya Says:
    June 19th, 2012
    Posted at: 1:46 pm

    ok... i will hold... thanks...


  5. shashi Says:
    June 19th, 2012
    Posted at: 1:47 pm

    Hi CB,
    SIR, polaris is going down
    Is it still a buy?


  6. CB Says:
    June 19th, 2012
    Posted at: 1:47 pm

    Hi satya, most welcome

    Hi shashi, yes, looks good technically


  7. 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.


  8. CB Says:
    June 19th, 2012
    Posted at: 1:48 pm

    Hi Palanivel.KV, yes, hold it.


  9. 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


  10. 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..


  11. Palanivel.KV Says:
    June 19th, 2012
    Posted at: 1:52 pm

    Thanks CB SIR.


  12. 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...:( :):( :)


  13. 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.


  14. 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.


  15. Pravin Says:
    June 19th, 2012
    Posted at: 1:54 pm

    Cb sir
    Is Polaris software means Polaris financial technology??


  16. 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.

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