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Intraday calls for 19-07-13

Posted on: July 19th, 2013 at 8:38 am

Markets likely to open flat. Support for nifty is at 5980 and resistance at 6100.

Buy BEML at 172.90, target: 177. Stoploss: 169

9.43am – Buy United Breweries at 825, target: 840. Stoploss: 812 – (Exit from United Breweries at 830)

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223 Responses

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Comment pages: 67891011121314Show all

  1. prashanth 1980 Says:
    July 20th, 2013
    Posted at: 10:31 am

    your view on market. will it be in green and also techmahindra and karnataka bank on monday?


  2. Az Says:
    July 20th, 2013
    Posted at: 10:54 am

    Hi CB, sir ji ur view on ncc this week


  3. Kartik Says:
    July 20th, 2013
    Posted at: 11:12 am

    Hi Ankit Chanda, most welcome

    Hi BDM, it looks weak, would be better to exit from the CE

    Hi prashanth 1980, likely to trade flat on Monday, resistance at 6060 for Nifty, karnataka bank may trade falt, Tech Mah. looks good above 1120 for Swing trade


  4. Kartik Says:
    July 20th, 2013
    Posted at: 11:12 am

    Hi Az, faces strong support at 25.50, if broken can see lower levels ahead


  5. PKP Says:
    July 20th, 2013
    Posted at: 11:23 am

    hiee sir missed my query, posted on 10.23


  6. Kartik Says:
    July 20th, 2013
    Posted at: 11:24 am

    Hi PKP, sorry, Markets are likely to remain flat on Monday, support at 5980 and resistance at 6060, hold Yes bank Pe for a couple of days more with a SL at 430, it faces strong support at 420 once broken can dip upto 405 lvls


  7. PKP Says:
    July 20th, 2013
    Posted at: 12:12 pm

    Ok sir, thanks for reply sir, surely I will hold as u suggested


  8. Raju Says:
    July 20th, 2013
    Posted at: 12:20 pm

    18th would be the last day for BULLS. And today it happened exactly that. Nifty closed in red, although marginal, but main thing was BANKNIFTY gave all its gains of yesterday.


    Yesterday's short covering was triggered by RBI. http://www.moneycontrol.com/news/cnbc-tv18-analyst-markets/yet-another-bond-auction-dud-whats-rbis-game-plan_920310.html


    Now things are back on track as per my calculation.


    July 2013 expiry is expected to be just like November 2012 expiry but in the opposite direction.
    November 2012 expiry saw markets zooming in 2 days. This time lets see if they fall sharply in expiry week.


  9. Raju Says:
    July 20th, 2013
    Posted at: 12:23 pm

    above comments is given by: http://blog.tracknifty.com/2013/07/nifty-july-2013-analysis-prediction.html


  10. Raju Says:
    July 20th, 2013
    Posted at: 12:24 pm

    for Aug be careful in long position market would be gone in bloody red direction.


  11. Raju Says:
    July 20th, 2013
    Posted at: 12:27 pm

    Hi , CB , Kartik , Well Plan & Sai sir.

    Please give your comments on above.


  12. Kartik Says:
    July 20th, 2013
    Posted at: 1:13 pm

    Hi PKP, most welcome

    Hi Raju, cant be sure of the next few months as Markets are always unpredictable, for now we face strong support at 5980 and resistance at 6060


  13. jatin Says:
    July 20th, 2013
    Posted at: 1:32 pm

    hi sir, United spirit showing on daily chart bear candle and RSI also going down from 80 .so USL can touch 2500 on next week?


  14. Bishwanath Singh Says:
    July 20th, 2013
    Posted at: 1:40 pm

    hi


  15. Bishwanath Singh Says:
    July 20th, 2013
    Posted at: 1:51 pm

    view on lichousing, j&kbank , hcl tech , techmahindra


  16. Dipu Says:
    July 20th, 2013
    Posted at: 1:55 pm

    Hi CB, Thank you boss

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