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. CB Says:
    July 25th, 2012
    Posted at: 3:28 pm

    Hi bipin, yes, these are a hold for now

    Hi vijay, no, not really sure of any news on it yet.


  2. SR Says:
    July 25th, 2012
    Posted at: 3:30 pm

    Hi Robotguy, Good Afternoon, Nifty is bearish below 5125.5, however it has seen a strong rebound from support at 5083 and is sustaining above the previous support of 5105. As of now ... I'm not holding any positions. Will go long above 5126 and add more if it breaks above 5168. Will go short below 5104.


  3. Naran Says:
    July 25th, 2012
    Posted at: 3:31 pm

    RECORD TURNOVER 300000 Cr. today!!!!!!!!!!!!!!!!!!!!!


  4. CB Says:
    July 25th, 2012
    Posted at: 3:32 pm

    Hi Naran, thats strange on a flat day


  5. abs Says:
    July 25th, 2012
    Posted at: 3:32 pm

    sir..bought divis lab @ 1103 closed at 1101..will it rise tomorrow


  6. Robotguy Says:
    July 25th, 2012
    Posted at: 3:34 pm

    Hi SR, I have shorted Nifty Aug series at 5141 and thinking of shorting 1 more lot at higher levels if I get a chance tomorrow. I think 5220 should be a very strong resistance... Risky toh hai par dekte hain...


  7. bipin Says:
    July 25th, 2012
    Posted at: 3:35 pm

    OK,Thanks CB..


  8. CB Says:
    July 25th, 2012
    Posted at: 3:36 pm

    Hi abs, yes, does look good. can add 20-25rs

    Hi bipin, most welcome.


  9. Palanivel Says:
    July 25th, 2012
    Posted at: 3:37 pm

    CB SIR, EUROPE MARKET TRADE GREEN.BUT NIFTY CLOSE IN RED. WHATS YOUR VIEW TOMORROW NIFTY LEVEL.DOW FUT IN GREEN.


  10. CB Says:
    July 25th, 2012
    Posted at: 3:39 pm

    Hi Palanivel, yes. seems may open a bit hihger tomorrow.


  11. Palanivel Says:
    July 25th, 2012
    Posted at: 3:41 pm

    Thanks CB sir.


  12. SR Says:
    July 25th, 2012
    Posted at: 3:41 pm

    Hi Robotguy, hmmm ... very risky ... I think you are talking of future levels. I always refer to spot levels. 5126 - 5168 is a neutral zone. From 5168, can break either sides.


  13. Akash Says:
    July 25th, 2012
    Posted at: 3:42 pm

    Hi CB, Hi Naren, Who got record Turnover of 30k Crores? Reliance?


  14. Robotguy Says:
    July 25th, 2012
    Posted at: 3:45 pm

    Hi SR, I have mentioned future levels of Agust I hv shorted at 5141 and thinking of shorting at around 5181 with stop loss of 5220 for both.. Risk toh hai... aur kal expiry bhi ...


  15. SR Says:
    July 25th, 2012
    Posted at: 3:53 pm

    Hi Robotguy, Let's hope for the best. Expiry last one hour is always fun ... you can make good money easily with zero risk :)


  16. Robotguy Says:
    July 25th, 2012
    Posted at: 4:05 pm

    Hi SR, Yes dete hain. Only Nifty should not open gap up... If it opens 10-15 points up also I can manage... Hope u will be online tomorrow when market opens...

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