Quotes with Resistance & Support
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Intraday calls for 20-06-12

Posted on: June 20th, 2012 at 8:34 am

Markets likely to open flat. Resistance for nifty is at 5160 (closing basis) and support at 5030

Buy Natco Pharma at 373, target: 382. Stoploss: 365

9.36am – buy BPCL at 756.50, target: 770. Stoploss: 745 – (If possible continue to hold bpcl as btst)

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539 Responses

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  1. CB Says:
    June 20th, 2012
    Posted at: 8:53 am

    Hi AJ, yes, will need to hold a bit longer.
    overall looks good for short term

    Hi SS, can go long in axis if trades above 1005 for few min. sl at 990


  2. pradip Says:
    June 20th, 2012
    Posted at: 8:53 am

    HI CB
    CAN TVS BE TRADED TODAY FOR INTRADAY GAINS,,,IF YES THEN ENTRY AND EXIT LEVELS PLZ


  3. SS Says:
    June 20th, 2012
    Posted at: 8:54 am

    FIIs square bearish bets, go long on futures
    ,


    http://economictimes.indiatimes.com/markets/analysis/fiis-square-bearish-bets-go-long-on-futures/articleshow/14280413.cms


  4. CB Says:
    June 20th, 2012
    Posted at: 8:56 am

    Hi pradip, no, not yet

    Hi SS, yes. they have been doing short covering recently.


  5. dak Says:
    June 20th, 2012
    Posted at: 8:57 am

    CB, gm. Bank nifty support and res. levels today ? Short in july futures at 9802 - where to square off ?


  6. pradip Says:
    June 20th, 2012
    Posted at: 8:57 am

    HI CB
    TATA STEEL TODAYS RANGE , ITS NOW AT ITS IMPORTANT LEVEL OF 420 ?


  7. CB Says:
    June 20th, 2012
    Posted at: 9:00 am

    Hi dak, good morning. hold the short for now. can test 9700

    Hi pradip, above 415 does look good. can test 428 if markets support.


  8. prashanth Says:
    June 20th, 2012
    Posted at: 9:00 am

    can i enter JP today.


  9. dak Says:
    June 20th, 2012
    Posted at: 9:01 am

    THanks CB. should I go long in nifty futures on intraday dips ? at what levels?


  10. Ravichandran Says:
    June 20th, 2012
    Posted at: 9:01 am

    Hi cb good morning. can i go to sell jain irrigation for intraday.please suggest target and stop loss price


  11. CB Says:
    June 20th, 2012
    Posted at: 9:01 am

    Hi prashanth, not yet. has resistance near 71

    Hi dak, most welcome. no, don't long nifty yet. its best to wait for now.


  12. CB Says:
    June 20th, 2012
    Posted at: 9:02 am

    Hi Ravichandran, Good morning. no, not yet. good support at 70


  13. Rise Says:
    June 20th, 2012
    Posted at: 9:03 am

    sir can i short pfc fut on opening ?


  14. CB Says:
    June 20th, 2012
    Posted at: 9:04 am

    Hi Rise, no, don't go short on it yet.


  15. pradip Says:
    June 20th, 2012
    Posted at: 9:04 am

    HI CB,
    ANY EVENTS THAT ARE DUE TO COME IN COMING WEEKS?


  16. SS Says:
    June 20th, 2012
    Posted at: 9:04 am

    Hi CB,
    Your views on DLF ?

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