Quotes with Resistance & Support
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Intraday calls for 06-06-16

Posted on: June 6th, 2016 at 8:28 am

Markets likely to open flat. Support for Nifty is at 8180 and resistance at 8300. Bank Nifty has support at 17500 and resistance at 18000.

No pre-market call for today.

10.39am – Buy Mahindra & Mahindra at 1383, target: 1405. Stoploss: 1370 – (Continue to hold for Intraday) – (If possible continue to hold M&M for BTST. Looks strong technically)

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153 Responses

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Comment pages: 2345678910Show all

  1. Sudesh Says:
    June 6th, 2016
    Posted at: 4:37 pm

    Hi Kartik,

    Your suggestion on Orient Bank June @90 Call. Purchased on 1.75/-. CMP 1.55/-.


  2. Kartik Says:
    June 6th, 2016
    Posted at: 5:16 pm

    Hi Sudesh, its a hold for now. keep sl near 81 (spot)

    Hi SAMEER, its a hold . keep sl at 474 (spot). can test 457

    Hi Shani, its going weak technically. seems can test 1370

    Hi anbu, its a hold. can expect some bounce tomorrow.


  3. nisheeth Says:
    June 6th, 2016
    Posted at: 6:09 pm

    Hi Kartik, What is your vew on GMBREW ?


  4. nisheeth Says:
    June 6th, 2016
    Posted at: 6:10 pm

    Please suggest about bharat forge also


  5. SUDARSHAN ARORA Says:
    June 6th, 2016
    Posted at: 6:12 pm

    CB Sir,
    Instead of selling sbi ce can i buy sbi pe if so which pe &at what rate
    because margin in selling ce is as that of future .pl guide.


  6. Niki Says:
    June 6th, 2016
    Posted at: 7:48 pm

    Sir looking at global markets it seems markets may open positive .. I m holding nifty pe Wat to do ??


  7. rishikanta Says:
    June 6th, 2016
    Posted at: 7:58 pm

    Hi CB sir I m holding nifty 8500ce at 21.55 plz suggest what to do


  8. sameer Says:
    June 6th, 2016
    Posted at: 8:04 pm

    thankx Kartik sir


  9. Ezhil Says:
    June 6th, 2016
    Posted at: 8:58 pm

    Hi CB,

    Pls help me with target for PNB, Cipla, SBIN and Tata Global Beverages for tomorrow and this week


  10. harry Says:
    June 6th, 2016
    Posted at: 9:19 pm

    what advice on bob on tomorrow intraday


  11. Nath Says:
    June 7th, 2016
    Posted at: 6:20 am

    Hi Kartik ur views on nifty today


  12. Kartik Says:
    June 7th, 2016
    Posted at: 7:24 am

    Hi Nath, seems may remain a bit flat till outcome of RBI meet. has resistance at 8230

    Hi harry, above 145 can test 149

    Hi Ezhil, cipla is in a downtrend. avoid for now. pnb and sbin may move as per RBI meet outcome today. in short term can test 82 and 210.

    Hi sameer, most welcome

    Hi rishikanta, its a hold with sl at 8160 for now (spot)

    Hi Niki, markets may open flat it seems. hold for now. keep sl near 8230.

    Hi SUDARSHAN ARORA, no, expecting it to be range bound. In this case put wont move either. avoid it since its using huge margin

    Hi nisheeth, bharat forge is going weak. avoid for now. gmb too is in a downtrend. can fall further


  13. Niki Says:
    June 7th, 2016
    Posted at: 7:49 am

    OK ..but do u think market ll fall today sir ?? Wat u think hoe ll market react after rbi meet ?


  14. CB Says:
    June 7th, 2016
    Posted at: 8:03 am

    Hi Niki, yes, some profit booking is likely


  15. Niki Says:
    June 7th, 2016
    Posted at: 8:07 am

    OK thank u so much sir.


  16. CB Says:
    June 7th, 2016
    Posted at: 8:34 am

    Hi Niki, most welcome.

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