Quotes with Resistance & Support
Market Information

Intraday calls for 24-06-16

Posted on: June 24th, 2016 at 8:32 am

Markets likely to open gap down. Support for Nifty is at 8080. Bank Nifty has support at 17500.

No pre-market call for today.

10.22am – Buy Bajaj Auto above 2610, target: 2645. Stoploss: 2585. Trade in small quantity – (Book profit in Bajaj Auto at 2655)

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173 Responses

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Comment pages: 34567891011Show all

  1. CB Says:
    June 25th, 2016
    Posted at: 9:01 am

    Hi Taj, fundamentally its a good bet. may need to hold onto it a bit longer. . dont add more of it yet. has good support at 92-94

    Hi DA, yes, these are good short term bets. can hold onto these for short term. will do well

    Hi Chetan Kumar, does look strong. can test 1050-1060

    Hi laxmi, it can test 73-74 levels.

    Hi Sandeep, its a hold. does look strong

    Hi durgesh, Good morning. no, its in a downtrend

    Hi sauravktr, no, nothing new in ce's yet

    Hi satya, hindalco if markets improve a bit, can test 120-121 again. vedanata around 122

    Hi sagar, yes, did see a good recovery


  2. Jaikumar Says:
    June 25th, 2016
    Posted at: 9:52 am

    Hi cb
    Bought Tata motors 460 CE at 8. Possible to cross tomorrow 460?


  3. mrp Says:
    June 25th, 2016
    Posted at: 10:02 am

    Hi CB , BALRAMPUR Chin Monday trgt pls & Arrow greentech shortterm trgt.tq


  4. mrp Says:
    June 25th, 2016
    Posted at: 10:04 am

    Hi CB , shall we add UGAR SUGAR for short/ medium term. Any trgt ? Tq


  5. chandrashekhar Shaligram Says:
    June 25th, 2016
    Posted at: 10:41 am

    Powergrid corporation is a very safe share


  6. chandrashekhar Shaligram Says:
    June 25th, 2016
    Posted at: 10:43 am

    All the public sector companies other than psu banks seems are good for investment


  7. chandrashekhar Shaligram Says:
    June 25th, 2016
    Posted at: 11:03 am

    This is humble apeal to all. Do not buy PSU banks at present. The reason is:
    The bad loans exceed market value of PSU banks, at Rs 4 lakh crore. An analysis of their latest quarter results shows that the cumulative gross NPAs of 24 listed public sector banks, including market leader SBI and its associates, stood at Rs 3,93,035 crore as on December 31, 2015. This also marks a rise of over 50 per cent from their gross NPAs totalling Rs 2,61,918 crore a year ago.


  8. CB Says:
    June 25th, 2016
    Posted at: 11:05 am

    Hi chandrashekhar Shaligram, thanks for sharing

    Hi mrp, yes, does look strong. balrampur above 116 can move higher. not sure of arrow

    Hi Jaikumar, it has resistance at 455. above this can move higher. keep sl near 444


  9. ASHOKBHAI Says:
    June 25th, 2016
    Posted at: 11:39 am

    Hi ND, It in internal news connected with RBI. The news will come on Monday or Tuesday. Now don't ask more in deep.


  10. ND Says:
    June 25th, 2016
    Posted at: 12:29 pm

    Hi ND, Hi CB, Sir .. I want to add manali petro for med term. Is It right to enter 50% ? If not then please suggest entry level.


  11. ND Says:
    June 25th, 2016
    Posted at: 12:31 pm

    Hi ASHOKBHAI, Thanks .. Let's wait and watch .. :-)


  12. ASHOKBHAI Says:
    June 25th, 2016
    Posted at: 12:39 pm

    Hi ND, Go on adding NIFTY at every 50 points deep.


  13. RAJAS Says:
    June 25th, 2016
    Posted at: 2:51 pm

    HI ASHOKBHAI TODAY US MARKET ALL DOWN 3 TO 4% MONDAY INDIAN MARKET NIFTY SPOT TECHNICAL POSITION


  14. Rahul Says:
    June 25th, 2016
    Posted at: 4:24 pm

    Hi CB sir. I have 1 lot(1300) Zee Ent PE at 1.50/-. Current price 0.50/-.Please advise on zee ent PE. Hold or exit with loss.


  15. CB Says:
    June 25th, 2016
    Posted at: 5:42 pm

    Hi Rahul, its a hold for now. keep sl at 453. can test 440


  16. CB Says:
    June 25th, 2016
    Posted at: 5:42 pm

    Hi ND, not yet. add if dips lower near 28

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