Quotes with Resistance & Support
Market Information

Intraday calls for 24-06-14

Posted on: June 24th, 2014 at 8:21 am

Markets likely to open flat. Support for nifty is at 7475 (closing basis) and resistance at 7700.

Buy Mercator Lines at 37.05, target: 39.30. Stoploss: 35.70 – (Book profit in Mercator lines at 39.10)

Thought for the day: “Keep your face always toward the sunshine – and shadows will fall behind you.” ― Walt Whitman

SMS Alerts, no more page refreshes required

Now get Intraday, Pre-market and market hour calls instantly through SMS for as low as for 1500rs for 3 months
name
cell no.
email

449 Responses

{ ADD YOUR OWN }
Comment pages: 212223242526272829Show all

  1. CB Says:
    June 24th, 2014
    Posted at: 8:41 pm

    Hi akshitha, as of now seems like a flattish opening. above 7600 can move higher

    Hi Rishikanta, can test 448

    Hi shreeux, technically it does look good for short term. can test 185-190 levels. hold for now

    Hi karthick, thanks for your kind comments. it does look good for delivery. can test 41

    Hi TAPAN, it has resistance at 1450 levels. a close above this can take it higher to 1480-1490


  2. TradeWarrior Says:
    June 24th, 2014
    Posted at: 8:44 pm

    Good to C, little Surprised at the investments/profits/loss people are booking/posting around, seems most are game for taking high risk trades.


  3. karthick Says:
    June 24th, 2014
    Posted at: 8:54 pm

    I think i am the one using icici direct to trade :) do any one know where to check the converted to delivery stocks.. i am unable to find it. Actually t took it in margin but then converted.


  4. gauravg Says:
    June 24th, 2014
    Posted at: 9:06 pm

    Hi CB i am holding Bajajcorp @245 pls share ur analysis what should i do


  5. CB Says:
    June 24th, 2014
    Posted at: 9:13 pm

    Hi TradeWarrior, :)

    Hi karthick, :) hmm.. m not sure as I have not used it

    Hi gauravg, it is a good short term bet. hold onto it. can test 250-255


  6. R.THIYAGARAJAN Says:
    June 24th, 2014
    Posted at: 9:18 pm

    hi cb sri..

    any swing call ?


  7. PRATAP Says:
    June 24th, 2014
    Posted at: 9:42 pm

    Hiii CB, What is the VOLTAS target for intraday tomorrow


  8. JAI Says:
    June 24th, 2014
    Posted at: 10:15 pm

    HI CB, HOW WOULD NTPC PERFORM TOM'ROW? IS IT GOOD TO BUY @ MKT PRICE FOR INTRADAY? PL ADVICE. THANKS


  9. marudhu Says:
    June 24th, 2014
    Posted at: 10:19 pm

    dear sir.
    I.am bought at tatamotor 440pe @4.50.but now 3,exit or hold..pl tell me..target please


  10. kasi Says:
    June 24th, 2014
    Posted at: 10:22 pm

    helo plese target 2marow on jppower &dishmanpharma


  11. kasi Says:
    June 24th, 2014
    Posted at: 10:23 pm

    can i buy ongc for dely for 10days tgt&s/l


  12. CB Says:
    June 24th, 2014
    Posted at: 10:26 pm

    Hi R.THIYAGARAJAN, no, as of now none. shall update soon

    Hi PRATAP, can test 229

    Hi JAI, it has resistance at 156 levels. can test it once. above 156 can test 160

    Hi marudhu, its a hold with sl at 445 for now. if markets open flat, can test 438


  13. CB Says:
    June 24th, 2014
    Posted at: 10:27 pm

    Hi kasi, Jp power may remain a bit flat. Dishman looks overbought. not sure of it yet

    Hi kasi, yes, can test 460 in short term.


  14. Sanjaygoti Says:
    June 24th, 2014
    Posted at: 10:52 pm

    hi cb sir banknifty&niftylevel


  15. ibull Says:
    June 24th, 2014
    Posted at: 11:15 pm

    Hi CB, Tradewarrior, Good evening.
    With respect to Tradewarrior's 8:44 pm post, let me add my observations also.

    1) What I find most surprising is, many people will get into a trade without any stoploss or target in mind, whatever maybe the timeframe of holding. Then they ask for assistance. I am not saying that they should not ask. But why not know about your SL and probable target BEFORE you initiate a trade? For example, very rarely I find posts like "Hi CB, I plan to buy XYZ counter 1000 quantity at Rs. 100. My SL is Rs.98 and my target is Rs.105. The timeframe will be intraday/about 1 week/about 1 month/. Is it OK? Do I need to modify my SL and /or Target? Please assist".
    I dont know why this happens. But I feel many people are too reluctant to try to know ON THEIR OWN about SL and target. They expect SPOONFEEDING type of assistance regarding their trades AFTER they have entered a trade.

    2) Also many people buy options (call or put) without even knowing which strike to enter, volatility, greeks, intrinsic value, time value etc. Many a times, this is dangerous. Often we see posts like " I bought 500 call of ABC company at Rs. 10. Now it is Rs. 2. What to do ? "
    My questions to them are:
    i) Was your choice of strike correct at the time of entry?
    ii) What was your SL and WHY THAT SL?
    iii) What was your target and in what timeframe? (Remember, timeframe is very important in options trading as there is a concept of time value decay or theta decay)
    iv) Have you ever noticed that, for example, though the underlying moves up by Rs. 20, your call goes up by only Re. 1? If so, have you ever thought why this has happened?

    If traders know the answers of the above questions, then from the next trade onwards their profits will maximise and losses will be minimal.

    But I feel, we are so busy with all our activities that we do not even try to learn and understand the CONCEPTS before entering a trade.

    GOD HELP US :)


  16. Varun Soni Says:
    June 24th, 2014
    Posted at: 11:30 pm

    Hi ibull, Well said ..

Comment pages:212223242526272829Show all

  1. Your name>
    Change your image

    Note: rel="nofollow" in use - do not spam, do not advertise!

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments