Quotes with Resistance & Support
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Intraday calls for 01-06-09

Posted on: June 1st, 2009 at 9:09 am

Markets likely to open positive. Nifty has strong resistance at 4520. If we manage to cross this we could see 4800 in short term, else a retracement back to 4300.

Buy ONGC for a target of 1210, stoploss: 1145

If markets see profit booking at at 4500-4520 levels, short: Reliance Capital

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489 Responses

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Comment pages: 222324252627282930Show all

  1. Gaurav Says:
    June 1st, 2009
    Posted at: 3:27 pm

    Hi CB,

    What is your view on SESA Goa. I bought this @ 169. Can it touch 180 in 2 days?


  2. CB Says:
    June 1st, 2009
    Posted at: 3:29 pm

    Hi rng, :)

    Hi Vinay Kariappa, yes.. hold it for couple of days..

    Hi rng, Educomp can be bought for BTST

    Hi Gaurav, yes.. hold it


  3. Narendra Says:
    June 1st, 2009
    Posted at: 3:30 pm

    Hi CB,
    General Motors issue will boost the market or is it a bad news for the market?


  4. Ranga Says:
    June 1st, 2009
    Posted at: 3:31 pm

    I am unable to buy educomp. will try my luck next time


  5. CB Says:
    June 1st, 2009
    Posted at: 3:32 pm

    Hi Narendra, as of now does not seem so..

    Hi Ranga, ok


  6. Akki Says:
    June 1st, 2009
    Posted at: 3:32 pm

    thx 4 d guidance


  7. Himesh Says:
    June 1st, 2009
    Posted at: 3:34 pm

    thanks a ton for Educomp and Praj :)


  8. CB Says:
    June 1st, 2009
    Posted at: 3:34 pm

    Hi Akki & Himesh, most welcome


  9. Ranga Says:
    June 1st, 2009
    Posted at: 3:36 pm

    I took hfcl at 13.70, now it is 14.35, in moneycontrol I saw a news that this stock is in the list of only buyers. There are no sellers in this. What kind of sign it is. can I hold for few more days, or sell it?


  10. Narendra Says:
    June 1st, 2009
    Posted at: 3:36 pm

    Hi CB,
    How about ANU labs for a week? is it a good bet..IF so pls give me Target and Stop Loss..


  11. CB Says:
    June 1st, 2009
    Posted at: 3:42 pm

    Hi Ranga, it means there are more buyers than sellers.. or maybe its on a circuit.

    Hi Narendra, not sure about Anu labs


  12. Ranga Says:
    June 1st, 2009
    Posted at: 3:43 pm

    yes, can i hold this for few days then?


  13. Kartheek Says:
    June 1st, 2009
    Posted at: 3:44 pm

    Today I hold Axis bank at 754 (Closed today 747), can I expect tomorrow 760?


  14. RANA Says:
    June 1st, 2009
    Posted at: 3:45 pm

    hi cb, thanks 4 the nft call & pu advise again as i booked put earliar and hold nft 5000call.yours mkt stats is very very useful to us as we might not go arnd all sites 4 that.I JUST WANT RS/DOLLER RATE AND FII ACTIVITY IN MID MKT PLEASE ADD IN MKT STATS IF POSSIBLE.
    WITH REGARDS


  15. CB Says:
    June 1st, 2009
    Posted at: 3:45 pm

    Hi Ranga, yes.. hold it..


  16. CB Says:
    June 1st, 2009
    Posted at: 3:47 pm

    Hi RANA, most welcome.. Rupee is now at 46.98 per $.. not sure about FII mid market stats but on Zee business around 12pm 1pm they do show stocks that FII's have bought/buying during the day.. for total FII buying and selling data is uploaded on our site next to the price quotes column

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