Showing posts with label Intraday Calls for Wednesday 6th July 2011. Show all posts
Showing posts with label Intraday Calls for Wednesday 6th July 2011. Show all posts
Intraday Calls for Today- Thursday 7th July 2011
[1:00 AM | 0 comments ]
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ITC
ITC had negative side movements in today's trading session also and made intraday low of 195.25. The stock may take resistance from the level of 204 and it has support level at 193. In short term is expected to continue its negative biasness and may test its support level.
Resistance2-  200.32,  Resistance1-  198.63,  Pivot Point  195.97,
Support1-  194.28,  Support2-  192.62
Buy ITC above Rs 196
Target Rs 201
Stop Loss Rs 192.

Areva T&D India
Sell Areva below Rs 253
Target Rs 246
Stop Loss Rs 258. 

Intraday Calls for Today- Wednesday 6th July 2011
[12:45 AM | 0 comments ]
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Coal India
Buy above Rs 395
Target Rs 404
Stop Loss Rs 389.
       
Amara Raja Batteries
Buy Amara Raja above Rs 231
Target Rs 239
Stop Loss Rs 224.
  
CAIRN
In today's trading session, the stock breaks its support level and made a low of 311.60.The stock was down by more than 3.5%. It has next support level at 321 and resistance level at 330. In short term it is expected to consolidate with negative biasness. One may go for the short position below its support level of 321.
Resistance2-  329.72,  Resistance1-  321.23,  Pivot Point  316.42, 
Support1-  307.93,  Support2-  303.12
Buy Cairn above 316
Targets- 320-323-327
Stop Loss- 312