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Intraday calls for 23-06-14

Posted on: June 23rd, 2014 at 8:29 am

Markets likely to open slightly higher. Support for nifty is at 7490 and resistance at 7700.

No pre-market call for today. Continue to hold Asian paints.- (Book profit in Asian paints at 576)

Thought for the day: We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses ― Abraham Lincoln

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391 Responses

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  1. maq Says:
    June 23rd, 2014
    Posted at: 9:40 pm

    CB, Karthik,
    How does BEML looks like tomorrow? i am going to buy 5000@800 to cover my lost, i have lost 300000 so far.

    If it moves 10-20 i will atleast make 50k-1L

    Please advise


  2. Ezhil Says:
    June 23rd, 2014
    Posted at: 10:05 pm

    REC Ltd target for tomorrow?


  3. subramani Says:
    June 23rd, 2014
    Posted at: 10:20 pm

    Hi Kartik,


  4. K K Says:
    June 23rd, 2014
    Posted at: 10:25 pm

    Hi maq, Try to be online during the trading hours. I will suggest you good scripts to buy and to recover your losses.


  5. subramani Says:
    June 23rd, 2014
    Posted at: 10:27 pm

    Hi Kartik,
    I have itc 320ce june series. what shall i do? any chances of crossing 320?


  6. Maq Says:
    June 23rd, 2014
    Posted at: 10:36 pm

    Kk, very kind of you


  7. Raushan Says:
    June 23rd, 2014
    Posted at: 10:51 pm

    GOOD EVENING CB KK KARTIK SIR
    I want to open SIP 2000/ month for my new born daughter(AGE 1 month)
    PLS ADVICE ME ANY BEST SIP which will give me decent return in 20years and it safe also


  8. CB Says:
    June 23rd, 2014
    Posted at: 11:17 pm

    Hi Raushan, Good evening. Congratulations :) God bless her. ICICI Pru Top 100 Fund (G) is a good fund to start an SIP with. will give good returns in long term

    Hi subramani, technically does look a bit weak. its a hold with sl at 311 for now

    Hi Ezhil, can test 348 if markets are good

    Hi maq, sorry to hear that. hopefully will recover soon. markets are quite volatile as of now. best to avoid large quantity trades. beml can test 815 if markets are good.


  9. PRADIPTA Says:
    June 23rd, 2014
    Posted at: 11:53 pm

    hello cb sir IDFC got bank license but why its not going up. can i buy this for long term means can i do SIP for this 5 year??


  10. NIZ Says:
    June 24th, 2014
    Posted at: 12:43 am

    sir target for cordscable? ist hold or to book profit.


  11. CB Says:
    June 24th, 2014
    Posted at: 7:37 am

    Hi NIZ, book partial profit for now. can hold rest for another 5-6 months

    Hi PRADIPTA, yes, will do well in long term. dont do SIP in a stock, its quite risky. best to go with a mutual fund for SIP. will give equally good returns.


  12. K K Says:
    June 24th, 2014
    Posted at: 7:59 am

    Hi Raushan, Welcome to little angel to this beautiful world.

    Hi PRADIPTA, IDFC had a wonderful rally with the expectation of getting bank license. It got its license, but it has to lot of work to start its operations and start getting revenue. which takes lot of time, May not spectacular returns in short term. Add it to your watchlist and track the progress of the company from time to time.


  13. tushar Says:
    June 24th, 2014
    Posted at: 8:15 am

    sir i am holding 10000 shares of prakash industries and i bought it on 117.5 and now it is 101 what should i do.


  14. CB Says:
    June 24th, 2014
    Posted at: 8:20 am

    Hi tushar, technically does look good. its a hold for short term. will recover back. dont add more


  15. PRADIPTA Says:
    June 24th, 2014
    Posted at: 10:09 am

    thanks Cb and Kk sir

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