Intraday calls for 20-06-13
Markets likely to see a gap down opening. Resistance for nifty is at 5860 and support at 5740
If markets show recovery later during the day, buy: Berger paints – (Can continue to hold onto Berger paints. Looks good technically)
SMS Alerts, no more page refreshes required
277 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
Karan Sharma Says:
June 20th, 2013
Posted at: 8:38 am
Hi CB,
Bought GMR (Futures) @ 21/-
Sold Sintex (Futures) @ 47.50/-.
Please tell what to do?
kpk Says:
June 20th, 2013
Posted at: 8:40 am
Hi GM what about jindal steel & power
CB Says:
June 20th, 2013
Posted at: 8:41 am
Hi newtrader, frl is a good buy on dips for short term. can add few on a 3-4rs dip
Hi Karan Sharma, sintex is a hold with sl at 48.50. can test 45. gmr is a exit on rise for now. looks weak below 21.
CB Says:
June 20th, 2013
Posted at: 8:42 am
Hi kpk, Good morning. its looking weak. dont enter it yet
Jiten Says:
June 20th, 2013
Posted at: 8:43 am
GM Sir
Suggest for targets & SL in reliance & maruti
ruchit Says:
June 20th, 2013
Posted at: 8:43 am
Thank you!
Karan Sharma Says:
June 20th, 2013
Posted at: 8:44 am
Thanks CB,
Can i sell Punj Lloyd and Adani Power (Futures) @ CMP?
CB Says:
June 20th, 2013
Posted at: 8:44 am
Hi Jiten, Good morning. ril has strong resistance at 840-850. dont enter it yet. maruti too is going a bit weak. can fall further.
CB Says:
June 20th, 2013
Posted at: 8:44 am
Hi ruchit, most welcome
Hi Karan Sharma, no, look weak
VIKRAM Says:
June 20th, 2013
Posted at: 8:45 am
A PANIC DAY TRADING STRATEGY FOR INVESTORS
As predicted US Fed announcement on reduction of QE3 by 2014 triggered the sharp selloff in world markets. In this era of globalization our markets are linked to the world markets directly. Any mishap in any corner of the globe will bound to affect our markets. Today will be a panic day, expect such panic days which are the integral part of a vibrant market. Make your habit to live with it.
Today every blue channel and analysts will shout from the roof top to sell, sell and sell with scary targets for nifty. But mark my words Stock market usually provides best investing opportunity when there is fear in the air. So never panic on such days, if you are a weak hearted investors just switch off your trading screen, mobile and blue channel and stay out of the market. We suggest watch a morning or noon show of a movie and INDIA –SRILANKA T-20 match in the evening and return to market tomorrow. Risk lovers wait in the sidelines for cherry picking in stocks is advised to make some quick buck.
MARKET today will open with a big gap down and remain choppy in the first half. It will become volatile in the second half and face technical resistance at 5800, 5820 and support at 5720, 5700. The end session today will result in volatile market. So trade with alert eye.
CB Says:
June 20th, 2013
Posted at: 8:46 am
Hi VIKRAM, thanks for the updates.
raushan Says:
June 20th, 2013
Posted at: 8:47 am
good morning to all
sir i have Dcb 200@48 all r in cash
pls give very short term target thanks
Azhar Says:
June 20th, 2013
Posted at: 8:47 am
Hi CB, GM, sir can i short gmr or ivrcl and what ll be target for both
CB Says:
June 20th, 2013
Posted at: 8:48 am
Hi raushan, Good morning. its a good short term bet. can test 54
Hi Azhar, Good morning. seems may open gap down. dont go short at opening.
Azhar Says:
June 20th, 2013
Posted at: 8:51 am
Hi CB,ok, how do u see unitech and rcom
Ankit Chanda Says:
June 20th, 2013
Posted at: 8:51 am
Hi CB, GOOD MORNING SIR..... AS I AM HOLDING 5800 CE @83.... THEN WHAT SHOULD I DO? SHALL I EXIT OR HOLD FOR TODAY SIR?