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: 67891011121314Show all

  1. subramani Says:
    June 1st, 2010
    Posted at: 9:26 am

    Thanks CB,

    I booked profit in ongc and i have GMR infra 60 call option. what shall i do? Any call or put options to buy?


  2. CB Says:
    June 1st, 2010
    Posted at: 9:27 am

    Hi sandeep, hold calls with sl at 5000 for now. markets may move in a small range as of now


  3. CB Says:
    June 1st, 2010
    Posted at: 9:27 am

    Hi subramani, ok. as of now no new call. lets wait for some time.


  4. Mahesh Says:
    June 1st, 2010
    Posted at: 9:28 am

    GM Chirag,

    Which one shall I buy for intraday IFCI or Renuka...

    How much can i expect from both of them?


  5. test Says:
    June 1st, 2010
    Posted at: 9:28 am

    better enter itc call or cairn call?


  6. CB Says:
    June 1st, 2010
    Posted at: 9:28 am

    Hi vinod, not yet

    Hi Mahesh, go with ifci for now. looks good. can see 56.40


  7. sujay Says:
    June 1st, 2010
    Posted at: 9:29 am

    Hi CB,

    How is Kotak bank looking for you.
    Can it touch 800 in this series ?

    -Sujay


  8. subramani Says:
    June 1st, 2010
    Posted at: 9:29 am

    Hi CB,


    Shall i buy RIL 1040 call option?


  9. Shanthi Says:
    June 1st, 2010
    Posted at: 9:29 am

    Hi CB, can i buy Tata Motors for intra day ?


  10. CB Says:
    June 1st, 2010
    Posted at: 9:30 am

    Hi test, itc around 281

    Hi sujay, below 740 will turn weak. dont enter it yet

    Hi subramani, not yet

    Hi Shanthi, not yet


  11. Mahesh Says:
    June 1st, 2010
    Posted at: 9:30 am

    Ok Boss :)


  12. CB Says:
    June 1st, 2010
    Posted at: 9:30 am

    ill be back in 30 min


  13. DS Says:
    June 1st, 2010
    Posted at: 9:30 am

    Dear CB,

    Does tata motors and sesa goa usually fall/rise along with the mkt or go the other direction as compared to the mkt?


  14. vinod Says:
    June 1st, 2010
    Posted at: 9:30 am

    Ok Thanks


  15. Gitanjali Says:
    June 1st, 2010
    Posted at: 9:31 am

    Hi CB, L&t IS at a very low price ...1610...not a buy ? if mkt recovers this will be one of the first to do so ..I presume ...?Can I go long in futures ..here..may I know please?


  16. sujay Says:
    June 1st, 2010
    Posted at: 9:31 am

    Thanks CB,

    Actually I already have it at 750... Do you say I should book profits now ?

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