Quotes with Resistance & Support
Market Information

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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  1. CB Says:
    June 19th, 2012
    Posted at: 7:19 pm

    Hi VijiPalanivel, around 5120-5130

    Hi bk, Good evening. sorry to hear that.. its due to the market volatility.. markets have been volatile in last 2-3 days due to the news flow and stocks are hitting stoplosses. as of now in these conditions its best to trade in cash in small quantities

    Hi GURU BHAI, hold for now. tata motor can see 242. bhel around 216. tcs pe is a hold with sl at 1285. hindalco too looks good

    Hi Prem, sorry! no, not really sure about that. have never traded in commodities yet

    Hi SAI, most welcome.. bbye

    Hi ramsingh, it can test 15 in coming days. hold it

    Hi Jenish, can test 216 if markets are good

    Hi Kb Trader, Good evening

    Hi ravii, yes, some issue here. checking it.


  2. CB Says:
    June 19th, 2012
    Posted at: 7:20 pm

    Hi Ravichandran, its facing strong resistance near 314 levels. don't enter yet

    Hi Shravan, its a hold with sl at 14 for now. below 13 can see 12.50


  3. ASHIK Says:
    June 19th, 2012
    Posted at: 7:34 pm

    hi cb,,
    I holding sbi 2400 ce @ 16 & 5300 ce @ 34.. Shall i exit tomorrow? or waiting for this contract month? or extension to next month?


  4. amol Says:
    June 19th, 2012
    Posted at: 7:46 pm

    i have couple of PEs what to do :( :( :( :(


  5. CB Says:
    June 19th, 2012
    Posted at: 7:54 pm

    Hi ASHIK, try and exit sbi ce on rise near 2140. has strong resistance at 2150-2160. nifty ce is a hold with sl at 5075 for now.

    Hi amol, yes, markets have been volatile. for now hold these with sl at 5130


  6. gaps Says:
    June 19th, 2012
    Posted at: 8:11 pm

    Hi CB, what is the outlook for skumar. ncc had a smart bounce today, can we see 38 tomorrow


  7. CB Says:
    June 19th, 2012
    Posted at: 8:36 pm

    Hi gaps, ncc does look good. can see 40 in coming days. skumar if holds onto 33.50 can test 36.50


  8. abhishek Says:
    June 19th, 2012
    Posted at: 8:54 pm

    HI CB, Which will be better to go for tomorrow at market opening Bharti 320 CE, Reliance 740CE, Ranbaxy 500CE?


  9. Ravichandran Says:
    June 19th, 2012
    Posted at: 9:13 pm

    thanks cb sir, what's outlook alok and praj industries for long term view?


  10. CB Says:
    June 19th, 2012
    Posted at: 9:17 pm

    Hi abhishek, go with bharti for now. looks better. ril has some resistance at 745.


  11. CB Says:
    June 19th, 2012
    Posted at: 9:17 pm

    Hi Ravichandran, its a good buy above 60 for long term. below it looks a bit weak


  12. Naran Says:
    June 19th, 2012
    Posted at: 9:26 pm

    Hi CB, sgx nifty now trading around 5150. Tomorrow a 100 point rally ?


  13. sanzy Says:
    June 19th, 2012
    Posted at: 9:29 pm

    holding ICICI Bank 860CE at 11..
    now in deep loss...what levels can ICICI Bank can see tomorrow...
    what level should i exit...


  14. vishal Says:
    June 19th, 2012
    Posted at: 9:30 pm

    hi, whats the view on larsen for tomorrow, i am short on it@ 1328, thanks.


  15. Ravichandran Says:
    June 19th, 2012
    Posted at: 9:35 pm

    thanks cb sir.


  16. Kartik Says:
    June 19th, 2012
    Posted at: 10:18 pm

    Hi Naran, cant be sure yet, SGX is quite active & volatile around 8am

    Hi sanzy, hold it with a SL at 820 (support), if broken hedge with a PE

    Hi vishal, hold the short with a SL at 1355 (resistance at 1350), it can see some downside if Markets see seom profit booking ahead

    Hi Ravichandran, most welcome

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