Quotes with Resistance & Support
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Intraday calls for 31-07-14

Posted on: July 31st, 2014 at 8:29 am

Markets likely to open flat. Support for nifty is at 7700 and resistance at 7830

If markets show weakness later during the day, sell: L&T – (Book profit in LT at 1520 if entered earlier)


Thought for the day: Whatever you do may seem insignificant, but it is most important that you do it. – M. Gandhi

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326 Responses

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Comment pages: 91011121314151617Show all

  1. siri Says:
    July 31st, 2014
    Posted at: 11:12 am

    Hi CB Sir,

    Target for SPIC today?


  2. Nisha Says:
    July 31st, 2014
    Posted at: 11:13 am

    Hi K K,
    Thank you for the information .
    I entered Century Textile 50 @314 for intraday what should I do now .... i saw you advice to book profit for previous call.


  3. ankush Says:
    July 31st, 2014
    Posted at: 11:19 am

    Hi cb sir..shorted 20 shares of larsen at 1535


  4. shilpa Says:
    July 31st, 2014
    Posted at: 11:27 am

    hi CB /KK/Mayank, can we short JP associates for intraday now.please give target


  5. Cj Says:
    July 31st, 2014
    Posted at: 11:29 am

    Hi K K, GM, I wanna learn more about Option Writing, can you tell me from where I can learn about it, writing strategies, some rules of writing....


  6. pramod Says:
    July 31st, 2014
    Posted at: 11:31 am

    hi KK i exited in maruti @ 55 in profit of 13 /lot.
    i want to enter Tata steel or jindal steel. which looks better?


  7. siri Says:
    July 31st, 2014
    Posted at: 11:34 am

    Hi KK Sir,

    Can we enter TRIDENT and NITINSPIN at this level?


  8. sa Says:
    July 31st, 2014
    Posted at: 11:37 am

    CB Sir, ur advice on SPARC for today


  9. AJ Says:
    July 31st, 2014
    Posted at: 11:40 am

    SPARC is down to 170 :(
    Bad results on the cards??


  10. avvsnr Says:
    July 31st, 2014
    Posted at: 11:44 am

    CB sir,

    holding 7800 PE @32.40 july series. what will be the target till end of day.
    shall i wait or exit.


  11. K K Says:
    July 31st, 2014
    Posted at: 11:53 am

    Hi pramod,
    nice profits in MARUTI. Good.

    Hi Cj,
    Sure. Will remember it. Little busy today, can't comment on it. Just ping me on my mail. it will be a remainder.

    Hi Nisha,
    As C B Sir suggested It can see some more upmove till 620 levels, but Nifty is not showing any momentum. It trades in a narrow range. Maintain stoploss and hold for now

    Hi siri,
    Not sure of these stocks. Never tracked them.


  12. K K Says:
    July 31st, 2014
    Posted at: 11:57 am


    Traders should adopt a habit of NOT TRADING on few trading sessions when there is no clarity on the market trend.


  13. Manish1 Says:
    July 31st, 2014
    Posted at: 11:58 am

    Hi K K,
    Hii
    Lost 1.5 l ((
    So my broker suggested me the same what I enqiired here


  14. Manish1 Says:
    July 31st, 2014
    Posted at: 12:00 pm

    Hi K K,
    Capital avlbl is 50k


  15. mayank Says:
    July 31st, 2014
    Posted at: 12:02 pm

    Hi shilpa, well u can short jp at 60.60 for tgt 59.90 and SL 61.10


  16. K K Says:
    July 31st, 2014
    Posted at: 12:04 pm

    Hi Manish1,
    Please don't go to Margin funding Account at this point of time. It is very profitable to the broking company. And you will end up paying them interest from your earnings on the top of the brokerage charges.


    But, I will recommend you to go for it, when you meet the following conditions
    1) You become master of Technical Analysis and Chart reading.
    2) Recover all your losses in the market by March-2015.
    3) And if you are a full time trader.

    So, the ball is in your court. :-)

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