Quotes with Resistance & Support
Market Information

Intraday calls for 22-06-12

Posted on: June 22nd, 2012 at 8:28 am

Markets likely to open lower. Support for nifty is at 5085.

If markets show recovery later during the day, buy: HDIL above 77, target: 81. Stoploss: 75. – (If entered hdil, book profit at 80.30)

1.47pm – Buy Rel infra in small quantity at 537, target: 550. Stoploss: 528 (1-2 day hold)

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527 Responses

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Comment pages: 252627282930313233Show all

  1. Raju Barman Says:
    June 23rd, 2012
    Posted at: 10:39 am

    following evry day good call thanks


  2. CB Says:
    June 23rd, 2012
    Posted at: 11:00 am

    Hi Preeti, most welcome

    Hi Raju Barman, Good morning.. thanks.


  3. K.V.LAXMI Says:
    June 23rd, 2012
    Posted at: 11:23 am

    CB SIR, GOOD MORNING..
    IM HOLDING 5000 PE @50.
    THANKS


  4. uniyal Says:
    June 23rd, 2012
    Posted at: 11:28 am

    Hi CB/Kartik Sir

    I Shorted HDIL at 81 level on friday, will it come down on monday. Please suggest should i hold shorts or square off on monday morning. How much upside can it touch on monday. Can i buy it after covering shorts for 85-90 targets (before expiry).


  5. gaps Says:
    June 23rd, 2012
    Posted at: 12:11 pm

    Hi CB, did you watch euro cup between germany and greece?


  6. Ravichandran Says:
    June 23rd, 2012
    Posted at: 12:46 pm

    Hi cb / kartik, iam holding dcb@50. Whats outlook? shall i hold for long term or exit


  7. CB Says:
    June 23rd, 2012
    Posted at: 1:22 pm

    Hi K.V.LAXMI, Good morning. its a hold for now. keep sl at 5170 for now

    Hi uniyal, technically it does look a bit strong above 75. it has some resistance at 83 (200dma). if trades above it on Monday, would advice to exit from it

    Hi gaps, no.. :( had office. will watch the repeat on neo. was a awesome game all say

    Hi Ravichandran, yes, its a good bet for med/ long term. continue to hold onto it. will do well


  8. Aman Says:
    June 23rd, 2012
    Posted at: 1:34 pm

    But i m sorry to ask u CB, Hasnt Mastek crossed its resistance of 109..
    why do u think there is no upside left..


  9. CB Says:
    June 23rd, 2012
    Posted at: 1:45 pm

    Hi Aman, no issues. yes, technically does look good. can head upto 120 in coming days.


  10. Aman Says:
    June 23rd, 2012
    Posted at: 1:55 pm

    Mastek has reported turnaround results in last 3,4 quarters. can we expect it to touch 150 in next 1,2 quarters..


  11. CB Says:
    June 23rd, 2012
    Posted at: 2:10 pm

    Hi Aman, yes. if it continues to post good results, it can. also falling rupee is positive for IT stocks.


  12. DS Says:
    June 23rd, 2012
    Posted at: 2:12 pm

    Dear CB,

    Still stuck in Ind Oil, Hind Oil, Aban and Educomp. Do you have any call/put spreads as of now? Or any sure shot tips?

    Warm Regards,
    DS


  13. Ravichandran Says:
    June 23rd, 2012
    Posted at: 2:15 pm

    Thanks cb/kartik


  14. Aman Says:
    June 23rd, 2012
    Posted at: 2:16 pm

    CB last time Thinksoft came to Rs 50 from 500 levels. Now its again hitting 52 weeks high.. what abt it..


  15. UNIYAL Says:
    June 23rd, 2012
    Posted at: 2:32 pm

    Hi CB, now a news published on HDIL that JP Morgan given target of Rs. 200/- which is 3 times from current price. what will impact on HDIL on monday. Can i exit my shorts at monday opening and buy fresh for target of 88-90 (2-3 days.) plz advise me.

    Thanks in advance.


  16. CB Says:
    June 23rd, 2012
    Posted at: 3:20 pm

    Hi DS, these are a hold for short term. likely to move higher from here. as of now no new call in options. aban has some resistance at 360. above this add more

    Hi Ravichandran, most welcome.

    Hi Aman, yes, does look good technically. can add on a 3-5% dip. can see 80

    Hi UNIYAL, these are usually long term targets.. for the shrot keep sl at 83 for now and hold.

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