Quotes with Resistance & Support
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Intraday calls for 22-06-11

Posted on: June 22nd, 2011 at 8:35 am

Markets likely to open higher, Resistance at 5320 and support at 5200

Sell Jindal steel at around 626, SL 634, Target: 615

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408 Responses

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Comment pages: 181920212223242526Show all

  1. cvrprakash Says:
    June 22nd, 2011
    Posted at: 11:15 pm

    Kartik / CB,

    Holding Tata steel @ 560 Levels. With respect to this news "Tata Steel Europe gets $130 million in arbitration case" any thing positive we can see tomorrow?
    Is it advisable to book any profit if it happens(@ what range) or hold?


  2. cvrprakash Says:
    June 22nd, 2011
    Posted at: 11:25 pm

    Kartik / CB,

    What's maximum downside we can see in Nifty/Sensex.
    can we buy good shares on every dip or avoid market completely till it gives out some positive signals?


  3. Kartik Says:
    June 22nd, 2011
    Posted at: 11:41 pm

    Hi suseela, hold them for another 4-5 months, they are good bets fundamentally and can do well once Markets recover

    Hi cvrprakash, Tata steel faced strong support at 560 and look weak as of now, if it manages to trade weak tomorrow hedge it with a PE, we are likely to see some consolidation as of now, next support at 5180


  4. shiva Says:
    June 22nd, 2011
    Posted at: 11:58 pm

    holding july 5200 pe...any target for tomorrow...sgxnifty is at 5300 ...how its trading higher?


  5. Sunil Rao Says:
    June 22nd, 2011
    Posted at: 11:58 pm

    Hi Kartik, Good Evening ...

    Hi thavva, Good Evening, Thanks for referring ZeroDHA. Their brokerage system works out great esp. for Options Trading.


  6. Avinash Says:
    June 23rd, 2011
    Posted at: 12:04 am

    Hi CB/Kartik

    Need your view on Timetechnoplast, sterlite industries and HMT pls.
    Also with the setback of the calcutta SC for tata motors....can we short it on rise?


  7. Avinash Says:
    June 23rd, 2011
    Posted at: 12:11 am

    to be specific, i got a recd that timetechno can see lvls above 70 and sterlite is all set to see 135....kindly give me ur opinion.


  8. Anil Says:
    June 23rd, 2011
    Posted at: 12:40 am

    Do we need to exit ONGC short if it manages to trade above 260 tomorrow?


  9. Sunil Rao Says:
    June 23rd, 2011
    Posted at: 12:59 am

    Hi shiva, sgxnifty last traded @ 5283. Hold your pe for now ... likely to give you great returns. Do not panic even if Nifty re-tests 5350-60 levels. Keep SL above 5375.


  10. CB Says:
    June 23rd, 2011
    Posted at: 1:23 am

    Hi shiva, as of now seems may open a bit lower. hold it for now

    Hi Sunil Rao, Good evening

    Hi Avinash, these are going a bit weak. don't enter these yet. tata motors is finding some support near 930. don't short it yet

    Hi Anil, no hold for now. strong resistance at 265


  11. Anil Says:
    June 23rd, 2011
    Posted at: 1:49 am

    Hi CB, Thanks CB.................


  12. Avinash Says:
    June 23rd, 2011
    Posted at: 2:13 am

    then can i short timetechno and sterlite on rise?
    thanks CB.


  13. @ GODSE @ Says:
    June 23rd, 2011
    Posted at: 3:18 am

    Hi ALL, http://www.youtube.com/watch?v=L-x7NSLvqSw


  14. @ GODSE @ Says:
    June 23rd, 2011
    Posted at: 5:21 am

    R1 / 5304 / R2 / 5331 / R3-/ 5352 / R4 / 5379
    S1 / 5256 / S2 / 5235 / S3 / 5208 / S4 / 5187


  15. thavva Says:
    June 23rd, 2011
    Posted at: 7:14 am

    Hi Sunil Rao, GM, most welcome. But bad news for me is that i can't utilize their system for trading due to firewall restrictions in my office. Have to see how their mobile app works. Have you sent your application to them?

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