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. SR Says:
    June 29th, 2012
    Posted at: 12:01 pm

    Hi Niftyman, I already replied. Gone in spam, have to wait for CB.

    Hi SS, As of now it has support at 296 levels, can keep a sl at that level and hope for a bounce back to 318 and 323 levels.

    Hi Robotguy, Most Welcome.

    Hi STREET DON, I already booked 50% profit at above 100% in calls and holding the rest for next target of 5320 with zero value at risk :)


  2. STREET DON Says:
    June 29th, 2012
    Posted at: 12:02 pm

    I DONT THINK NIFTY WILL GO ABOVE 5280.... IT SHOULD AGAIN COME BACK.


  3. STREET DON Says:
    June 29th, 2012
    Posted at: 12:04 pm

    Hi SR, GOOD YAAR...


  4. Robotguy Says:
    June 29th, 2012
    Posted at: 12:05 pm

    Hi SR, Hi STREET DON, Apna toh formula hai Jo bhi profit mila le lo... intraday... I don't carry my positions for the next day...


  5. SS Says:
    June 29th, 2012
    Posted at: 12:05 pm

    Hi STREET DON,
    Can we short ICICI at this lvl ?


  6. STREET DON Says:
    June 29th, 2012
    Posted at: 12:07 pm

    Hi Robotguy, sahi hai,, waise laalach buri cheej hai, profit ke chakar mai loss ho jata hai...

    Hi SS, Dont short yet


  7. SR Says:
    June 29th, 2012
    Posted at: 12:08 pm

    Nifty is likely to close above 5173 on monthly charts giving it a positive bias. Next target for Nifty in near term would be 5720 and a monthly close above it would lead nifty to 7500 and 8750 in coming years.


  8. Vinay Says:
    June 29th, 2012
    Posted at: 12:08 pm

    hello street don,robotguy,can i enter manapuram fin for intraday at cmp??wl it go above 32.4 ?


  9. Palanivel Says:
    June 29th, 2012
    Posted at: 12:08 pm

    HI CB SIR, PLEASE ON LINE.


  10. Robotguy Says:
    June 29th, 2012
    Posted at: 12:09 pm

    Hi STREET DON, Whether profit or loss I book intraday... At least we can sleep peacefully in the night... Nahi toh poori raat DOW / NASDAQ dekte raho tension mein...


  11. SR Says:
    June 29th, 2012
    Posted at: 12:09 pm

    Hi STREET DON, The more Nifty goes down, the more long positions, I will add :)


  12. Akash Says:
    June 29th, 2012
    Posted at: 12:10 pm

    Hi SR, Shud I buy 5500 CE or 5400 CE for July for min 4-5 times return. Also, I also believe that Nifty will see 9000+ in 1-2 years. May be this year we can see 7000+ Pls suggest


  13. venkata Says:
    June 29th, 2012
    Posted at: 12:11 pm

    Hi CB,

    City bank struck at 52..plz Suggest what to do?


  14. SR Says:
    June 29th, 2012
    Posted at: 12:12 pm

    Hi Robotguy, That's good. I trade in OTM options and do not have to worry about SL.


  15. Robotguy Says:
    June 29th, 2012
    Posted at: 12:12 pm

    Hi Vinay, Sorry I don't have any idea about that stock,,,


  16. STREET DON Says:
    June 29th, 2012
    Posted at: 12:13 pm

    ANYBODY WANNA SHORT ANY STOCK.... THEN ITS FOR YOU

    SHORT WIPRO CMP 404.50 WITH TARGET 398...........SL 407.00

    SHORT TECH MAHINDRA CMP 710 WITH TARGET 695.... SL 717.00

    SHORT ANDHRA BANK CMP 118 WITH TARGET 113 ...... SL 121.00

    ALL FOR 2-3 DAYS TARGET.... FOLLOW STRICT STOPLOSS.

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