Quotes with Resistance & Support
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Intraday calls for 25-07-12

Posted on: July 25th, 2012 at 8:28 am

Markets likely to open slightly lower. Support for nifty is at 5080 and resistance at 5160.

If markets show recovery later during the day, buy: Shree Renuka Sugars.

9.19am – Buy Marico in small quantity at 187.70, target: 191. Stoploss: 185 – (Book profit in Marico at 193)

10.53am – Sell ICICI bank below 907, target: 893. Stoploss: 918 (not triggered)

1.211pm – Buy Divi’s Labs above 1098, target: 1120. Stoploss: 1082 – (Continue to hold Divi’s lab as btst)

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402 Responses

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  1. RATAN CHHETRI Says:
    July 25th, 2012
    Posted at: 1:40 pm

    HI, WHICH STOCK SHOULD I HAVE TO BUY OR SELL IN INTRADAY? PLEASE GIVE ME THE SUGGESTIONS.


  2. akila Says:
    July 25th, 2012
    Posted at: 1:43 pm

    Hi RATAN CHHETRI,

    Easy to ask, tough to answer!! market seems to be poised for recovery....shorting anything may be risky i feel...............and buying for intraday is also not too attractive as most stocks have recovered quite a lot from lows of the day.............buying for a week's holding may be good in many stocks...even a random blind picking is sure to give some returns in a week....

    What say CB/other boarders??


  3. Sunil Says:
    July 25th, 2012
    Posted at: 1:45 pm

    Buy icici bank sure we can see 935 levels before 2maro resuts, if result is good we can see 950 levels.Any comments.


  4. SR Says:
    July 25th, 2012
    Posted at: 1:55 pm

    Nifty is nearing major resistance near 5125-26, Breaking which can lead to 5147, 5168.


  5. Anne Says:
    July 25th, 2012
    Posted at: 1:56 pm

    CB sir can i enter into 5100 call now ?


  6. Anne Says:
    July 25th, 2012
    Posted at: 2:00 pm

    SR...

    can i buy 5200 call in august month contract for intraday now


  7. SR Says:
    July 25th, 2012
    Posted at: 2:01 pm

    Hi Anne, Could be risky as of now. buy once it breaks above 5126.


  8. Sunil Says:
    July 25th, 2012
    Posted at: 2:03 pm

    Hi SR, Instead of NIFTY go long ICICI BANK. now strong among all the nifty n bank nifty stocks ahead of results.


  9. SR Says:
    July 25th, 2012
    Posted at: 2:08 pm

    Hi Sunil, ICICI has strong resistance at 924, can go long above it for target of 938


  10. Payal Says:
    July 25th, 2012
    Posted at: 2:10 pm

    hi CB
    Whats ur call on ICICI, should we go long at the levels of 916-918 for a target of 930


  11. bipin Says:
    July 25th, 2012
    Posted at: 2:13 pm

    Hi SR, what is the upside tgt for Yes bank and HDFC Bank?


  12. R.D. Says:
    July 25th, 2012
    Posted at: 2:18 pm

    should i buy divi's lab now @ 1099


  13. THIYGU Says:
    July 25th, 2012
    Posted at: 2:45 pm

    Hi SR, Is there any chances of RBI to reduce the RPLR so that investment in share will increase....


  14. vijay Says:
    July 25th, 2012
    Posted at: 3:01 pm

    Hi All,
    markets are hovering around the 5100 levels if they break 5100 we might see some 5000 levels better to wait till it touches 5150 + levels.


  15. sakthi Says:
    July 25th, 2012
    Posted at: 3:02 pm

    hi cb , can i expect nifty to rise tomorow for squareoff this month future


  16. CB Says:
    July 25th, 2012
    Posted at: 3:11 pm

    Hi sakthi, yes, hold it

    Hi R.D., yes, can buy for btst

    Hi bipin, these can add another 3-5% from here it seems

    Hi Payal, yes. can enter it

    Hi Anne, yes. sl at 5080

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