Quotes with Resistance & Support
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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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  1. CB Says:
    June 22nd, 2012
    Posted at: 9:06 am

    Hi dak, can look to buy hdil if it holds onto 77 for 15-20 min after opening

    Hi vk, Good morning. would advice to enter a 80 ce to hedge for now (july). hold short.


  2. CB Says:
    June 22nd, 2012
    Posted at: 9:08 am

    Hi Maddy, below 5080 nifty can fall further. for now hold it till noon. if it does not manage to break 5080 levels, shall exit from it

    Hi GSP25, can test 181.


  3. PRADIP Says:
    June 22nd, 2012
    Posted at: 9:08 am

    HI CB ,
    CAN WE SHORT TATASTEEL TODAY SINCE IT HAS RALLIED QUITE A BIT?


  4. Robotguy Says:
    June 22nd, 2012
    Posted at: 9:08 am

    Hi SS, Thank u, I have already shorted yesterday as per CB'Sirs. R u a day trader ?


  5. CB Says:
    June 22nd, 2012
    Posted at: 9:08 am

    Hi PRADIP, no, technically looks good above 425


  6. PRADIP Says:
    June 22nd, 2012
    Posted at: 9:09 am

    so r u suggesting buy on dips for tata steel ? if yes todays range plz


  7. Akash Says:
    June 22nd, 2012
    Posted at: 9:09 am

    Hi CB, Buy Educomp in intraday (in cash)? or buy HDIL in cash?


  8. CB Says:
    June 22nd, 2012
    Posted at: 9:10 am

    Hi Akash, both are looking good. can add in small quantity

    Hi PRADIP, yes, if markets show recovery. buy above 426


  9. sunny Says:
    June 22nd, 2012
    Posted at: 9:11 am

    cb ur views on banknifty june


  10. JP Says:
    June 22nd, 2012
    Posted at: 9:11 am

    Hi CB...shall i add jain irrigation now.....


  11. GSP25 Says:
    June 22nd, 2012
    Posted at: 9:11 am

    Thanks Sir.


  12. sona Says:
    June 22nd, 2012
    Posted at: 9:11 am

    Hi CB, how about ESSAROIL for intraday...wots the tgt?


  13. SS Says:
    June 22nd, 2012
    Posted at: 9:12 am

    Hi CB,
    wht cud tgt for cairn ?


  14. CB Says:
    June 22nd, 2012
    Posted at: 9:12 am

    Hi sunny, has storng resistance at 10200. can test 9800 again

    Hi JP, no, not yet

    Hi GSP25, most welcome

    Hi sona, looks good above 55 can see 58


  15. dak Says:
    June 22nd, 2012
    Posted at: 9:13 am

    Thanks CB. One of the losses is a crazy bank nifty futures lot shorted at 9822. I went for this inspite of you saying nifty can go to 5160. I didnt listen to you and am paying for it now ! :-)


  16. SS Says:
    June 22nd, 2012
    Posted at: 9:13 am

    Hi Robotguy,
    Good Morning, Yes.

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