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. Mahesh Says:
    June 20th, 2012
    Posted at: 9:04 pm

    Hai CB... Good Evening...
    Your view on Educomp for tomorrow intraday... is it good buy above 154..
    and also on mcdowel-n..


  2. Kb Trader Says:
    June 20th, 2012
    Posted at: 9:15 pm

    Hi CB, heyyyyyyyyy cbbbbbbbb . .. :)


  3. Kartik Says:
    June 20th, 2012
    Posted at: 9:23 pm

    Hi Niftyman, they are strong bets for long term, but have been trading weak technically at current levels, would advice to wait for some time before making a move in them

    Hi cerulean, GE, sorry, not sure of crude for now

    Hi Mahesh, avoid entering Educomp for intraday, its likely to open higher and may see profit booking later, United Sprits, faces resistance at 680, above which it can do well in the short run


  4. Kartik Says:
    June 20th, 2012
    Posted at: 9:23 pm

    Hi Kb Trader, GE


  5. Kb Trader Says:
    June 20th, 2012
    Posted at: 9:30 pm

    Hi Kartik, GE . .. :)


  6. Naran Says:
    June 20th, 2012
    Posted at: 9:50 pm

    COUNT DOWN STARTED. 10 MINUTES LEFT FOR FED ANNOUNCEMENT......................


  7. Bhima Says:
    June 20th, 2012
    Posted at: 10:08 pm

    Fed opts to extend Twist program by $267 billion


  8. Kb Trader Says:
    June 20th, 2012
    Posted at: 10:11 pm

    Hi Naran, no.. its at 12:30 p.m . . US time


  9. Kb Trader Says:
    June 20th, 2012
    Posted at: 10:13 pm

    Hi Bhima, hmm.. thanks

    Hi Kb Trader, guess not :PP


  10. imran khan Says:
    June 20th, 2012
    Posted at: 10:13 pm

    Hi cb,

    Hi Kb Trader,

    Fed Extends 'Operation Twist,' Citing Concerns on Economy

    is this positive or negative on market


  11. SM Says:
    June 20th, 2012
    Posted at: 10:15 pm

    Hi CB,Kartik, Kb, GE :)
    Hi cerulean, GE :) Sorry for the late late reply. For the last few days, my net connection is playing hide and seek with me. Enormous trouble faced in trading and updating charts. Had to book some huge loss. Now also the net connection is feeble. As far as crude goes, I believe you got what you were looking for. 4680. Its a sharp fall. BTW, which month's contract ? 1st or 2nd? Both tested 4680.


  12. Kb Trader Says:
    June 20th, 2012
    Posted at: 10:15 pm

    Fed twists again, extending stimulus to weak economy


  13. Naran Says:
    June 20th, 2012
    Posted at: 10:17 pm

    Hi Kb Trader, FED KEEPS STATUS QUO..MARKET FIRST DISAPPOINTED AND THEN BOUNCE BACK.............


  14. sunny Says:
    June 20th, 2012
    Posted at: 10:18 pm

    hi kb trader fed statement is out


  15. Kb Trader Says:
    June 20th, 2012
    Posted at: 10:25 pm

    Later this afternoon the Fed will release updated forecasts for the economy and interest rates, to be followed by a press conference conducted by Fed Chairman Ben Bernanke at 2:15 p.m. ET.


  16. ranjan Says:
    June 20th, 2012
    Posted at: 10:29 pm

    hi kb tomorrow our nifty to open higher r lower? what about FED RESULT positive r negetive?

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