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Intraday calls for 29-06-12

Posted on: June 29th, 2012 at 8:35 am

Markets likely to open gao up. Support for nifty is at 5080 and resistance at 5180

Buy City union bank at 51.10, target: 53.40. Stoploss: 50

10.15am – Buy Bank nifty at 10260, target: 10400. Stoploss: 10180 – (Book profit in Bank nifty at 10365)

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677 Responses

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  1. Akash Says:
    June 29th, 2012
    Posted at: 11:16 am

    Hi SR, Or buy 5500 CE for Target 70-75?


  2. Anne Says:
    June 29th, 2012
    Posted at: 11:18 am

    SR...

    can u please tell me the target for icici bank today..

    can we expect the europe market to be in plus.


  3. Robotguy Says:
    June 29th, 2012
    Posted at: 11:18 am

    Hi SR, Thank u sir, what's your view on Ambuja Cement ? Even after the CCI order all cement stocks are going up... but the tyre companies came down just on the news that they are the next target...


  4. SR Says:
    June 29th, 2012
    Posted at: 11:19 am

    Hi Anne, Most Welcome. If holding multiple lots, book 50% and hold the rest till 3pm.


  5. Anne Says:
    June 29th, 2012
    Posted at: 11:21 am

    no.. sr... i have just only one lot :)

    wait for it touch 30rs... so waiting.. can i wait till that ?


  6. SR Says:
    June 29th, 2012
    Posted at: 11:23 am

    Hi Robotguy, Ambuja has strong resistance near 176 - 178 and may see some profit booking at these levels. A Break above it could lead it to 192 levels in short term.


  7. Pr@$@nt Says:
    June 29th, 2012
    Posted at: 11:24 am

    Hi CB,
    How can be Sesa Goa Target today.. can it cross 190...! today


  8. SR Says:
    June 29th, 2012
    Posted at: 11:24 am

    Hi Anne, Ok, Nifty is still moving strong, so hold it and keep a trailing sl at 5230 on Nifty spot.


  9. anil Says:
    June 29th, 2012
    Posted at: 11:24 am

    can i buy futures of sbin for 2133?


  10. Robotguy Says:
    June 29th, 2012
    Posted at: 11:25 am

    Hi SR, Pls reply to my above query..


  11. Sandip Says:
    June 29th, 2012
    Posted at: 11:25 am

    Hi SR,

    Can nifty touch 5400 in July??


  12. Anne Says:
    June 29th, 2012
    Posted at: 11:27 am

    sure SR.... thanks for the needful.


  13. SR Says:
    June 29th, 2012
    Posted at: 11:31 am

    Hi Robotguy, I already replied, probably gone in spam, may see profit booking near 176-178.

    Hi Anne, Most Welcome.


  14. Robotguy Says:
    June 29th, 2012
    Posted at: 11:33 am

    Hi SR, What's your view on Ambuja Cement ? Even after the CCI order all cement stocks are going up... but the tyre companies came down just on the news that they are the next target...


  15. micky-intrday Says:
    June 29th, 2012
    Posted at: 11:33 am

    Markets to come down from here little and then go up again around 1


  16. imran khan Says:
    June 29th, 2012
    Posted at: 11:34 am

    Hi CB,

    I brought bank nifty @ 160,


    Hi Robotguy, i brought bank nifty 2 lots @160

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