Quotes with Resistance & Support
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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. Nilesh Says:
    June 23rd, 2014
    Posted at: 3:11 pm

    Hi K K, Holding Reliance CE 1040 @ 11.70

    and observed that it's dropping with low volume and when its bounce back volume is high

    Please suggest shall i hold this long for tomorrow close today in small profit


  2. nik Says:
    June 23rd, 2014
    Posted at: 3:11 pm

    hi cb sir,

    your view on suzlon energy entering at this levels

    thanks


  3. sankar Says:
    June 23rd, 2014
    Posted at: 3:12 pm

    Thanks CB,
    How long? what level can I expect in 2 - 3 days


  4. gajendra Says:
    June 23rd, 2014
    Posted at: 3:13 pm

    Ok thanks CB


  5. CB Says:
    June 23rd, 2014
    Posted at: 3:14 pm

    Hi nik, it can test 32-33 in near term

    Hi Vishal, hold onto these for now

    Hi sankar, hold for 2-3 days. looks good. can test 760


  6. CB Says:
    June 23rd, 2014
    Posted at: 3:14 pm

    Hi gajendra, most welcome.


  7. sankar Says:
    June 23rd, 2014
    Posted at: 3:15 pm

    Thanks CB. Now at 726. so got a bit worried!


  8. vicky Says:
    June 23rd, 2014
    Posted at: 3:16 pm

    Hi TW or CB or KK, Can i enter ur NIFTY 7700CE @3.70?


  9. Jayant Says:
    June 23rd, 2014
    Posted at: 3:17 pm

    Hi CB, can i carry forward 7700 ce till the next 2-3 days?


  10. Sahu k Says:
    June 23rd, 2014
    Posted at: 3:17 pm

    Hi TradeWarrior, Shall I hold it till tmrw?


  11. amit saini Says:
    June 23rd, 2014
    Posted at: 3:18 pm

    asian call update is it breakout to hold, kindly reply


  12. CB Says:
    June 23rd, 2014
    Posted at: 3:18 pm

    Hi sankar, exit 50% at cmp. shall re-enter on another 10-12rs dip by tomorrow. will help recover the buy price

    Hi vicky, not sure of a fresh entry now.

    Hi Jayant, yes, keep sl at 7490 (Spot)


  13. CB Says:
    June 23rd, 2014
    Posted at: 3:19 pm

    Hi amit saini, book for now


  14. sankar Says:
    June 23rd, 2014
    Posted at: 3:20 pm

    Thanks CB. Sure!


  15. TradeWarrior Says:
    June 23rd, 2014
    Posted at: 3:20 pm

    Was away for lunch.

    Book profit on nifty 7700 CE.


  16. varun soni Says:
    June 23rd, 2014
    Posted at: 3:21 pm

    CB is it a positive sign if nifty closes above 7500 ?

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