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)


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326 Responses

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Comment pages: 101112131415161718Show all

  1. mayank Says:
    July 31st, 2014
    Posted at: 12:06 pm

    Hi Manish1, what exactly ur issue was?


  2. akhil Says:
    July 31st, 2014
    Posted at: 12:10 pm

    Hi,
    What do you think about banknifty(15470),can we go long?

    Thanks and Regards,
    Akhil.M


  3. Nisha Says:
    July 31st, 2014
    Posted at: 12:14 pm

    Hi K K,
    Thank you KK....
    I exit at 615.2 .... thought the same thing no momentum .No earn or loss


  4. K K Says:
    July 31st, 2014
    Posted at: 12:20 pm

    Hi akhil,
    Watch out for ICICI Bank results. If numbers are very good, it wil take the Bank Nifty to highs 15600 / 15750. I don't trade it until the icici numbers are out.

    Hi Nisha,
    sounds good. Are you trading in futures ? It is trding @ 613 in cash.


  5. Sbn Says:
    July 31st, 2014
    Posted at: 12:25 pm

    Hi K K, what do you think of buying nifty and bn aug call?nifty to cross 7850 today?


  6. K K Says:
    July 31st, 2014
    Posted at: 12:25 pm

    Hi ankush,
    Your L&T just slipped to RED .. :-)


  7. K K Says:
    July 31st, 2014
    Posted at: 12:27 pm

    Hi Sbn,
    I don't do any risky trade. There is no much momentum, I don't rush and catch 30 - 40 points move. I will wait and watch for the close.. If Nifty close above 7820, then there will be chance of moving to new highs.

    For now, Just relax.


  8. CB Says:
    July 31st, 2014
    Posted at: 12:27 pm

    Hi AJ, not really sure of results yet. lets hold

    Hi Manish1, only they will earn this way. trade with 50k as short term trading. will recover faster

    Hi akhil, no, its a buy above 15600


  9. ancie Says:
    July 31st, 2014
    Posted at: 12:28 pm

    Hi kk, cb got jp power ventures at 24 now it's down is there any chance of recovering if so timeframe if not shall I exit or hold


  10. mayank Says:
    July 31st, 2014
    Posted at: 12:28 pm

    Hi Shilpa...jp is coming down so u can book at 59.9


  11. K K Says:
    July 31st, 2014
    Posted at: 12:29 pm

    Hi ancie,
    JP Hydro power projects were purchased by Reliance Power. Not sure of trading in JP Power counter. No comments from my side


  12. CB Says:
    July 31st, 2014
    Posted at: 12:30 pm

    Hi ancie, its a hold for 2-3 months. will bounce back. dont add more yet.


  13. sahil dua Says:
    July 31st, 2014
    Posted at: 12:32 pm

    sir ur view on sparc


  14. Sbn Says:
    July 31st, 2014
    Posted at: 12:32 pm

    Hi K K, :-) ok. Got information that nifty is going to close all time high this week.


  15. CB Says:
    July 31st, 2014
    Posted at: 12:32 pm

    Hi sahil dua, technically does look strong. its a hold for now.


  16. ANkit Says:
    July 31st, 2014
    Posted at: 12:33 pm

    I brought today 1000 ashok leyland @34.65 . What to do sir ?

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