Quotes with Resistance & Support
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Intraday calls for 11-06-10

Posted on: June 11th, 2010 at 8:21 am

Markets likely to open higher. Resistance for nifty is at 5155 and support at 5060.

Buy BGR Energy Systems at 672.60, target: 688. Stoploss: 663.
Buy Shoppers Stop above 450, target: 460. Stoploss: 443

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757 Responses

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  1. Akshay Says:
    June 13th, 2010
    Posted at: 11:39 pm

    Hi cb,suzane has given a nice one.whats tommorows strategy.


  2. CB Says:
    June 14th, 2010
    Posted at: 12:09 am

    Hi Gitanjali, yes, markets not really reacting much to this news

    Hi suzane, nm..alls fine.. japan issue is not really serious yet..lets see. dont buy in bulk yet..lets see how markets behave. technically seems they will do well tomorrow.


  3. CB Says:
    June 14th, 2010
    Posted at: 12:09 am

    Hi Akshay, yes, tomorrow seems will be a flat day. strong resistance near 5150


  4. S.MAHESH Says:
    June 14th, 2010
    Posted at: 4:52 am

    Posted: 13 Jun 2010 02:39 AM PDT
    The city’s reputation as the Mecca of Indian soccer is on the decline, but Kolkata is soaking in the WAKA WAKA fever!
    As Planet Earth soaks up the biggest sporting spectacle in the world, the FIFA World Cup, the excitement level is also reaching fever pitch in India. Ever since this game was introduced to India by the British in the late 1800s, the ‘beautiful game’ has always had a special place in the heart of people from Bengal, Goa and Kerala.
    While the performance of Bengal teams have nosedived rapidly over the last five years in the domestic soccer season, the enthusiasm and love for the biggest football event of the world continues unabated in the City of Joy.


  5. suzane Says:
    June 14th, 2010
    Posted at: 6:56 am

    Hi Gitanjali, what kinda forecast ?? Are u talking about astronomy like Bejan Daruwala use to urge ??
    Hi CB, should we believe astronomy while trading with stock market ??


  6. LEO Says:
    June 14th, 2010
    Posted at: 7:05 am

    Hi CB / KARTIK,


    GOOD MORNING .........................

    IF NIFTY CROSSED THE RES. LVL OF 5150 - AND CLOSED TODAY ABOVE 5150 .. THEN ANY HOPE OF BULL RUN EXPECT TILL 5330 LVL ...SUGGEST ME ..


  7. S.MAHESH Says:
    June 14th, 2010
    Posted at: 7:15 am

    Hi LEO,
    GM
    Yes if we cross n close above 5150 then bulls will be in full charge .


  8. CB Says:
    June 14th, 2010
    Posted at: 7:45 am

    Hi S.MAHESH, Good morning

    Hi suzane, yes, we can use it for intraday trading. helps indicate market volatility

    Hi LEO, Good morning. yes, close above 5150 is likely to be good


  9. suhas Says:
    June 14th, 2010
    Posted at: 7:51 am

    good morning CB

    i have 5000 put at 70, what shell i do? market looks strong!


  10. CB Says:
    June 14th, 2010
    Posted at: 7:51 am

    Hi suhas, Good morning. hold it with sl at 5155-5160 for now..


  11. LEO Says:
    June 14th, 2010
    Posted at: 7:52 am

    Hi CB / S.Mahesh ,

    Thanks for the information ............

    Any Boom can expect in realty ...


  12. suhas Says:
    June 14th, 2010
    Posted at: 8:08 am

    Thanks C B.

    Shell we expect any selling presure in comming days? Does it will help my 5000 put?


  13. S.MAHESH Says:
    June 14th, 2010
    Posted at: 8:10 am

    Hi CB,
    Good Morning, wish you a good trading day.


  14. Anurag Says:
    June 14th, 2010
    Posted at: 8:19 am

    Japan News did not damage the market


  15. CB Says:
    June 14th, 2010
    Posted at: 8:22 am

    Hi LEO, most welcome. hdil looks good. others are still seeing some selling pressure.

    Hi suhas, as of now global markets are going flat. hold ur put for now. keep sl near 5150. if we are unable to cross it, then some selling pressure is likely

    Hi S.MAHESH, wish you the same..

    Hi Anurag, no. not yet

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