Quotes with Resistance & Support
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Intraday calls for 24-06-11

Posted on: June 24th, 2011 at 8:24 am

Markets likely to open higher, support for Nifty at 5270

Buy ITC at 191.50, Target: 196, SL 188

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562 Responses

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  1. CB Says:
    June 26th, 2011
    Posted at: 12:56 pm

    Hi himanshu, Good morning. itc looks good. tata steel above 568 looks good too. can see 590. jp can be short on a 1-2rs bounce. looks weak. not sure of timber yet. being a new listing its likely to be volatile.


  2. cvrprakash Says:
    June 26th, 2011
    Posted at: 2:58 pm

    Hi CB,

    I have an surplus amount of 2L
    And I want to invest in an Secured way for 1-2 years.
    Can you suggest me any?


  3. CB Says:
    June 26th, 2011
    Posted at: 4:25 pm

    Hi cvrprakash, would advice to go with a SIP. its a safe bet. go with hdfc top 200


  4. Deepak Says:
    June 26th, 2011
    Posted at: 4:39 pm

    Hi CB
    on Monday bharat petrolium future buy or no?


  5. shiva Says:
    June 26th, 2011
    Posted at: 4:59 pm

    how are the chances of markets to go below 5350 in next week??


  6. nithin2009 Says:
    June 26th, 2011
    Posted at: 5:06 pm

    cb..pls advice on some fundamentally strong co which one can enter for 6-1 year time frame???


  7. pankaj Says:
    June 26th, 2011
    Posted at: 5:34 pm

    bot 5500 june expiry puts @ 80/-, pls advice as to whether i shall sell whatever rate, even loss, at opening or wait. regds.


  8. arun bj Says:
    June 26th, 2011
    Posted at: 6:55 pm

    cb how ll open tomo ...can i exit my niftycall 5600 currently in loss


  9. usefor Says:
    June 26th, 2011
    Posted at: 7:28 pm

    where u see RIL for tomorrow?


  10. kvr2009 Says:
    June 26th, 2011
    Posted at: 7:34 pm

    Good evening CB,
    After a pause of 2months due to heavy loss in day trade I am back only to invest.Please suggest an equity portfolio with high risk. I would like to invest 2-3 lakhs in coming days.Planned exit is on an appreciation of 3% each scrip.
    Are RIL,IVRCL,RELINFRA,SBI and Patel eng. good bets.
    Regards


  11. CB Says:
    June 26th, 2011
    Posted at: 7:44 pm

    Hi Deepak, if opens flat one can enter it. don't enter if opens gap up

    Hi shiva, as of now seems unlikely. may move in small range

    Hi nithin2009, go wit ifci and idea on for now

    Hi pankaj, hold it. nifty may open a bit lower. hold with sl at 5480

    Hi arun bj, as of now seems may open a bit lower. hold call with sl at 5450

    Hi usefor, as of now seems may remain a bit flat

    Hi kvr2009, yes, ril, sbi, dcb and Idea look good. one can enter these


  12. ronald Says:
    June 26th, 2011
    Posted at: 7:44 pm

    dear cb bought sail@160 now its around 140 whats the future can add more or get rid pl ur advice


  13. CB Says:
    June 26th, 2011
    Posted at: 7:47 pm

    Hi ronald, fundamentally its a strong bet. hold it for short/ med term. once markets improve, it will rcover back. one can add few more on dips to avg.


  14. mycall Says:
    June 26th, 2011
    Posted at: 8:09 pm

    Hi CB/Kartik,

    Holding LT @1724... suggest prospect... looking strong ... but will the fuel price hike hurt its upmove? .. please suggest ... shall I hold or sell on opening bell on monday to buy back again at lower level...

    Thank you...


  15. Micky Says:
    June 26th, 2011
    Posted at: 8:12 pm

    Hi CB, howz Varun Indus. Ltd, AVT Natural Products Ltd and timex for intrday and also me abt timbor i noe its new :) but cb where will it open holdng @ 95


  16. Micky Says:
    June 26th, 2011
    Posted at: 8:14 pm

    also tell me howz moil and gravita for short

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