Quotes with Resistance & Support
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Intraday calls for 29-06-15

Posted on: June 29th, 2015 at 8:31 am

Markets likely to open gap down. Support for Nifty 8320 and resistance at 8430. Bank nifty has support at 18200 and resistance at 18600.

No pre-market call for today. If markets show recover later during the day, buy: Jubilant Foodworks.

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156 Responses

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  1. mkd Says:
    June 29th, 2015
    Posted at: 8:34 am

    Good morning sir,
    Can I short Tata steel today?
    Today target please?


  2. CB Says:
    June 29th, 2015
    Posted at: 8:35 am

    Hi mkd, Good morning. not yet. has support at 293. below this can go short.


  3. AJ Says:
    June 29th, 2015
    Posted at: 8:35 am

    exit from Engineers Ind @ these levels or wait for 235+ today?


  4. CB Says:
    June 29th, 2015
    Posted at: 8:36 am

    Hi AJ, can hold with sl at 228 for now. can test 235.


  5. Deepak Desai Says:
    June 29th, 2015
    Posted at: 8:41 am

    Good Morning Sir, have a nice day


  6. CB Says:
    June 29th, 2015
    Posted at: 8:41 am

    Hi Deepak Desai, Good morning. You too have a good day!


  7. chirag Says:
    June 29th, 2015
    Posted at: 8:42 am

    Sir today I short nifty sl & tg


  8. mkd Says:
    June 29th, 2015
    Posted at: 8:42 am

    Ok sir thank you, and below 293 what levels can Tata steel see?
    And the further increase in import duties as is going to be declared this week can have any good impact on stock price?
    Actually am holding 3000 @ 310 level..
    Thinking to short some today so that my costing cokes down and can exit from the share as and when possible. Please guide.


  9. CB Says:
    June 29th, 2015
    Posted at: 8:43 am

    Hi chirag, can short if trades below 8320 for some time. can test 8270

    Hi mkd, most welcome. can test 285 in this case. if possible hedge with a short in Aug series for now. markets may remain volatile due to the Greece news flow.


  10. gsdhillon Says:
    June 29th, 2015
    Posted at: 8:45 am

    Hi cb sir
    Holding ongc 2lots. Ur view


  11. chirag Says:
    June 29th, 2015
    Posted at: 8:45 am

    Sir today I short union bank sl & tg


  12. ruchit Says:
    June 29th, 2015
    Posted at: 8:47 am

    Good Morning!

    Whar do you think of tata motors for intraday?

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