Quotes with Resistance & Support
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Intraday calls for 31-12-13

Posted on: December 31st, 2013 at 8:35 am

Markets likely to open flat, Resistance for nifty is at 6350 and support at 6240.

Buy Coal india if it breaks 292 (strong resistance), target: 297, SL 288 – (Exit from Coal India at 290.)

10.10am – Book profit in TCS at 2180

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241 Responses

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  1. arvind Says:
    December 31st, 2013
    Posted at: 9:38 am

    sir what would be target of jubilant life sciences today


  2. shweta Says:
    December 31st, 2013
    Posted at: 9:39 am

    I have Kalindee at 70 should i hold or book profit


  3. sanjaylathia Says:
    December 31st, 2013
    Posted at: 9:43 am

    hi CB,
    Can i buy coal India @291.90 ...??


  4. avi Says:
    December 31st, 2013
    Posted at: 9:45 am

    where r u cb sir bank nifty going down wat to do with yes bank @ canara bak


  5. K K Says:
    December 31st, 2013
    Posted at: 9:46 am

    Hi sanjaylathia, To my knowledge, Any stock breaking the resistance level means, It should stay above the resistance level for atlest 15 minutes with moderate volumes, Then only it can move further in the intra-day.


  6. sanjaylathia Says:
    December 31st, 2013
    Posted at: 9:47 am

    Okk KK,
    Thnaks Sir for your kind suggession..


  7. K K Says:
    December 31st, 2013
    Posted at: 9:48 am

    Hi avi,
    Bank Nifty continues selling pressure for the second day after RBI warns about the higher risks over NPA's (Non-eprforming Assets) for the banks. Also After a good ralley in December Series, Bank stocks are witnessing the profit booking.

    Ashwini Gujral has a stock pick to SELL ICICI Bank Futures
    Mitesh Thacker has a stock pick to SELL Bank of Baroda Futures


  8. Sanjay Says:
    December 31st, 2013
    Posted at: 9:48 am

    sir, Please give level of Exideind & tata Motors. Thanxs


  9. PKP Says:
    December 31st, 2013
    Posted at: 9:49 am

    Hi K K, GM,
    any suggestion about nifty.... since last two session bound in one range..... waiting to enter in nifty


  10. ankush Says:
    December 31st, 2013
    Posted at: 9:49 am

    hi sir, can i short ranbaxy as it is in downside movement from last 2 days...short @ 459


  11. Azeez Says:
    December 31st, 2013
    Posted at: 9:51 am

    Hi CB what about Apollo tires, can keep for long position


  12. K K Says:
    December 31st, 2013
    Posted at: 9:58 am

    Hi Azeez,
    IF already holding Apollo Tyres, you can expect 110 115 levels in a week.

    Hi PKP,
    Nifty struggles to sustain above 6300 levels, Even it moves, It cannot move beyond 6350 before 10 Jan 2014 where in Infy results to start with. Also to keep in mind that, Couple of traders added CALL writes @ 6400 levels yesterday, that means they expect Nifty not to breach 6400 levels in January series. I will add more 6100 PUTS If Nifty reaches 6350 levels


  13. avi Says:
    December 31st, 2013
    Posted at: 10:01 am

    sir ji tcs can it see 2190 today


  14. bha Says:
    December 31st, 2013
    Posted at: 10:02 am

    hi sir,

    i have icici caLL 1120 at 31.75 rs?


  15. Sanjay Says:
    December 31st, 2013
    Posted at: 10:02 am

    sir, Please take my quary also


  16. Dipak Doshi Says:
    December 31st, 2013
    Posted at: 10:03 am

    buy techm axis icici and axis in big qty

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