Quotes with Resistance & Support
Market Information

Intraday calls for 21-07-14

Posted on: July 21st, 2014 at 8:28 am

Markets likely to open flat. Resistance for nifty is at 7720 and support at 7590.

Buy Action Construction equipment at 32.15, target: 34.2. Stoploss: 31.10 – ( continue to hold ace. Looks good technically)

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324 Responses

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  1. Sandeep Says:
    July 21st, 2014
    Posted at: 12:28 pm

    Hi KK/CB/TW,

    I have gone through RSI method yesterday, but i dont know its right method to identify NIFTY moment.
    Could you please suggest on this?

    Thanks a lot in advance


  2. ansh Says:
    July 21st, 2014
    Posted at: 12:35 pm

    Hi,

    Nifty will touch 7630/-


  3. K K Says:
    July 21st, 2014
    Posted at: 12:38 pm

    Hi Nilesh, Yes, that's fine. Would hit the target hopefully today itself.


  4. Mohan Says:
    July 21st, 2014
    Posted at: 12:41 pm

    Hi KK, I have 200 shares of arvind remedies bought @ 43.75 and now it is trading at 33. Shall i average it? Your view please..


  5. Varma Says:
    July 21st, 2014
    Posted at: 12:43 pm

    Hi KK, Is ther any holding positional calls from your end ?


  6. Nilesh Says:
    July 21st, 2014
    Posted at: 12:44 pm

    Hi K K, Hope So, Need to Close it before 3:20
    It's MIS


  7. TradeWarrior Says:
    July 21st, 2014
    Posted at: 12:45 pm

    Hi Sandeep, its good set levels 20 and 70, below 20 buy above 70 short however check for support and resistance levels and volume in addition to it !!


  8. bazinga Says:
    July 21st, 2014
    Posted at: 12:46 pm

    HI KK INTRADAY TARGET FOR AXISBANK


  9. CB Says:
    July 21st, 2014
    Posted at: 12:46 pm

    Hi Sandeep, cannot entirely depend on RSI for nifty movement.. it only indicates if nifty is overbought or oversold region. nifty/ stocks can stay overbought/ oversold for a long time

    Hi AP, it can test 255 in near term

    Hi tejas, no

    Hi SEBY, seems these may remain a bit flat today. idfc is a good short term bet


  10. fathima k Says:
    July 21st, 2014
    Posted at: 12:47 pm

    HI CB/KK Sir,
    I havew 450 shares of Godrejcp bought at 840. Please advice me whether to hold or sell at CMP. Thanks in advance.


  11. Sona Says:
    July 21st, 2014
    Posted at: 12:48 pm

    Hi CB, your view on ACC


  12. CB Says:
    July 21st, 2014
    Posted at: 12:49 pm

    Hi Sona, it has strong resistance at 1500-1530. dont enter yet

    Hi fathima k, its a hold for now. keep sl at 790.


  13. K K Says:
    July 21st, 2014
    Posted at: 12:50 pm

    Hi bazinga,
    Axis is in uncharted territory. Tough to comment on targets. Bank Nifty should move to see Axis beyond 2024 levels.


  14. Prashanth 1980 Says:
    July 21st, 2014
    Posted at: 12:50 pm

    Sir I have L&T finance, yes bank, bhel future @ 74, 555, 239.5 respectively. can i hold till tomorrow?


  15. shailendra Says:
    July 21st, 2014
    Posted at: 12:50 pm

    CB LONG IN NIFTY AND BANK NIFTY RIL AND ONGC PLS SUGGEST


  16. CB Says:
    July 21st, 2014
    Posted at: 12:50 pm

    Hi Prashanth 1980, yes, hold for now. keep common sl at 7680 on nifty (spot)

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