Quotes with Resistance & Support
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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. Niftyman Says:
    June 29th, 2012
    Posted at: 11:35 am

    Hi SR, what charts do u follow to take ur decision?


  2. Robotguy Says:
    June 29th, 2012
    Posted at: 11:36 am

    Hi SR, Thank u so much


  3. Kb Trader Says:
    June 29th, 2012
    Posted at: 11:38 am

    Hi CB, heyyyyyyy cbb


  4. Akash Says:
    June 29th, 2012
    Posted at: 11:38 am

    Hi Robotguy, Can I buy 5500 CE for target 100+ when Nifty crosses 5400?


  5. syed Says:
    June 29th, 2012
    Posted at: 11:40 am

    Hi CB,can we see 5100 in July series.


  6. Robotguy Says:
    June 29th, 2012
    Posted at: 11:40 am

    Hi SR, I am long in Ambuja future at 173 I will exit at 177


  7. Akash Says:
    June 29th, 2012
    Posted at: 11:40 am

    Hi Kb Trader, GM. Can I buy 5500 CE for target 100. Bcoz of no money, I did not buy these calls when they were v low and now all CEs ar 3 times up at least. Can I still buy for min 3-4 times return? I will use some of more my loan money to cover loss. :(

    Pls advise. I don't want to be a viewer only when everyone will be making big big profit in the market...


  8. SS Says:
    June 29th, 2012
    Posted at: 11:41 am

    Hi SR,
    Do you see any bounce in Cairn ?


  9. kannan Says:
    June 29th, 2012
    Posted at: 11:42 am

    Sir,

    I have entered SBI 2100 CE @ 77 & tatamotors 260 CE @ 260. Any suggestions with the entry. Thanks


  10. SR Says:
    June 29th, 2012
    Posted at: 11:42 am

    Hi Niftyman, I follow charts of my own software. And my trading involves buying at supports and selling near resistances during a upmove and vice versa during a downmove. This way I have least value at risk.

    Hi Robotguy, Most Welcome.


  11. Robotguy Says:
    June 29th, 2012
    Posted at: 11:42 am

    Hi Kb Trader, heyyyyyyy Kb


  12. Akash Says:
    June 29th, 2012
    Posted at: 11:43 am

    Hi syed, Market is in full bull mood. It will move upward only. I don't see any downside left in the market and we will see 5500-5600 v soon.


  13. imran khan Says:
    June 29th, 2012
    Posted at: 11:45 am

    Hi Kb Trader, how are you?

    what price bank nifty will come if it reach 10400, i have brought 10500 call option2 lots @160?

    what price should i book, i am new to bank nifty trading


  14. Kb Trader Says:
    June 29th, 2012
    Posted at: 11:47 am

    Hi Robotguy, hey. . whts upp


  15. SR Says:
    June 29th, 2012
    Posted at: 11:48 am

    Hi Robotguy, That should be fine.

    Hi SS, Looks weak, avoid it.

    Hi Kb Trader, Hey Doc :)

    Hi kannan, SBI can test 2175 levels, Tatamotors has resistance near 247 levels.


  16. STREET DON Says:
    June 29th, 2012
    Posted at: 11:49 am

    Hi CB/Kartik/SR/Robotguy/Everyone.... GOOD MORNING..

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