Quotes with Resistance & Support
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Intraday calls for 07-06-10

Posted on: June 7th, 2010 at 8:18 am

Markets likely to see a gap down opening. Support for nifty is at 4940.

Buy Hindustan Unilever Ltd on dips with stoploss at 244. – (book profits at 252)

12.56pm – buy hcl tech at cmp 374, target: 380. Stoploss: 370.

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709 Responses

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Comment pages: 373839404142434445Show all

  1. rashid Says:
    June 8th, 2010
    Posted at: 8:04 am

    seems markets are waiting for us retail sales numbers on friday


  2. CB Says:
    June 8th, 2010
    Posted at: 8:10 am

    Hi ask, you too..Good day

    Hi suhas, as of now continue to hold onto it

    Hi rashid, yes. one can enter for a small bounce and go short again on a 20-30 point rise.


  3. Kb Says:
    June 8th, 2010
    Posted at: 8:12 am

    New norms spark MNC delisting fear ..

    http://bit.ly/bXWvxn From ET


  4. SMH Says:
    June 8th, 2010
    Posted at: 8:14 am

    cb i m aholding powergrid fut @ 105 ystrdy it touched 104 but looks quite weak whats yur opinion shoud i hold or exit tdy


  5. Kb Says:
    June 8th, 2010
    Posted at: 8:15 am

    Govt to pump money into 7 banks ..

    The government plans to provide financial support of Rs 15,000 crore to public sector banks during the current fiscal. The Cabinet has already approved a capital infusion plan

    http://bit.ly/blcUaT

    From ET


  6. Kb Says:
    June 8th, 2010
    Posted at: 8:16 am

    Hi CB, Cbbb.. Good morning..


  7. Gauri Says:
    June 8th, 2010
    Posted at: 8:19 am

    GM CB :)

    just wanna ask u how mastek may perform 2day, y'day there was sudden increase in stock price it has broked 3rd resistance + 20 points, is it news based or trend may continue?


  8. Kb Says:
    June 8th, 2010
    Posted at: 8:24 am

    Hi Gauri, News based " company is eyeing an acquisition in the insurance segment in the North America as well as the UK, and is reportedly planning to spend up to US$50mn.

    According to reports, the company is also upbeat about government projects from the UK and expects some good deals in the next 3-6 months "

    it has a strong resistance in the range of 300/335 ........


  9. CB Says:
    June 8th, 2010
    Posted at: 8:25 am

    Hi Kb, Good morning..

    Hi SMH, yes, technically looks weak. would advice to exit around 105-106 levels.

    Hi Gauri, Good morning. can add 7-8rs.. has some resistance near 290


  10. Gauri Says:
    June 8th, 2010
    Posted at: 8:49 am

    Ok thanks CB, how can one understand abnormally high spurt in volumes of certain scripts??? by any chance any analysis??


  11. Gauri Says:
    June 8th, 2010
    Posted at: 8:51 am

    Hi Kb,
    Thanks KB :)


  12. CB Says:
    June 8th, 2010
    Posted at: 8:52 am

    Hi Gauri, you will need to check it on charts..


  13. Gauri Says:
    June 8th, 2010
    Posted at: 9:33 am

    OK on which charts? charts available in nseguide?


  14. Manan Says:
    June 22nd, 2010
    Posted at: 8:54 am

    hi C.B good morning.,.,


  15. Kartik Says:
    June 22nd, 2010
    Posted at: 8:57 am

    Hi Manan, Good morning

    Hi Gauri, view here: http://nseguide.com/charts.php?symbol=NIFTY , the red and green bar indicate volume

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