Quotes with Resistance & Support
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Intraday calls for 01-06-10

Posted on: June 1st, 2010 at 8:23 am

Markets likely to open slightly lower. Support for nifty is at 5020 and resistance at 5110

Buy Vijaya Bank at 58.95, target: 62. Stoploss: 57.20
Buy Lupin at 1860.20, target: 1885. Stoploss: 1842 – (book profits at 1880)

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701 Responses

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Comment pages: 363738394041424344Show all

  1. Ram M Says:
    June 1st, 2010
    Posted at: 3:38 pm

    Thnx CB


  2. Uniyal Says:
    June 1st, 2010
    Posted at: 3:39 pm

    Hi rameshbhole, India Infoline wrongly sold RIL shares @830 to 845 instead of ICICI Bank. There was huge quantity of RIL shares (5 Lakhs shares) traded at that time so, there was a line in sensex around 12.45 PM.... source CNBC Awaaz.


  3. ac Says:
    June 1st, 2010
    Posted at: 3:40 pm

    HI CB ...Some one asked you...
    BUT DOW FUT. IS -131. SO R U GOING TO OPEN GAP DOWN TOMORROW?

    And u replied ....
    markets have taken that into consideration. if they fall further than that then we may open lower

    Cb how do u come to know that markets have already taken that into consideration?


  4. N Murali Says:
    June 1st, 2010
    Posted at: 3:41 pm

    Hi Cb,

    Gud Evening. What is ur outlook for IFCI & Vijaya Bank for tmrw ?


  5. rameshbhole Says:
    June 1st, 2010
    Posted at: 3:45 pm

    THE DIP IS SEEN ON BSE CHART OF REDIFF MONEY PAGE THE SENSEX WENT TO 16319 FOR FEW SECONDS. IS IT FII TESTING THE MARKET?


  6. Uniyal Says:
    June 1st, 2010
    Posted at: 3:51 pm

    Hi rameshbhole, India Infoline wrongly sold RIL shares @830 to 845 instead of ICICI Bank. There was huge quantity of RIL shares (5 Lakhs shares) traded at that time so, there was a deep line in sensex around 12.45 PM…. source CNBC Awaaz.


  7. rameshbhole Says:
    June 1st, 2010
    Posted at: 3:54 pm

    THANKS UNIYAL. STOCK MARKET HAS JOKES ALSO!!!


  8. CB Says:
    June 1st, 2010
    Posted at: 3:54 pm

    Hi Akash, no, not sure of any

    Hi rameshbhole, most welcome

    Hi Gitanjali, ok.. Good evening

    Hi Roze, it looks weak. dont enter it yet

    Hi Akash, no. not sure at what rate axis will buy the stake at

    Hi DS, they can come down by 2%

    Hi Ram M, most welcome

    Hi Uniyal, oh ok. thanks

    Hi ac, yes. since europe opened lower, we too came down and at the same time US futures too

    Hi N Murali, Good evening.. they may remain a bit flat. if markets recover can add 2-3%


  9. ac Says:
    June 1st, 2010
    Posted at: 4:04 pm

    OK THANKS CB FOR UR REPLY...


  10. dak Says:
    June 1st, 2010
    Posted at: 4:05 pm

    HI CB - if RIL went down today because of the wrong trade, is it okay to assume that it will go back up to its 1035 level in the next couple of days?


  11. Shekhar Says:
    June 1st, 2010
    Posted at: 4:08 pm

    Hi CB! What is the support and resistance for Nifty now?


  12. shashank Says:
    June 1st, 2010
    Posted at: 4:12 pm

    Hi CB/Karthik
    What levels(both low and high) can idea touch in June


  13. DS Says:
    June 1st, 2010
    Posted at: 4:15 pm

    Dear CB,

    Greek 5 year CDS at 725 bps vs 668 and Spanish 5 year CDS at 245.5 bps vs 218.8. How much of this rise in rates affect Europe and India?


  14. Akshay Says:
    June 1st, 2010
    Posted at: 4:17 pm

    Hi cb.Guruji again in a mess.i have bot:
    united phosphorus 400@188
    BILT [email protected] I CAN WAIT TILL FRIDAY ONLY.so guru.


  15. Suresh M Says:
    June 1st, 2010
    Posted at: 4:20 pm

    hi Sir whats the target for SEL Manufacturing for next 1 week?will it break into 60?


  16. Roze Says:
    June 1st, 2010
    Posted at: 4:24 pm

    Hi CB,

    Do i avg Rcom future? my original price is 179.

    Kindly advice

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