Intraday calls for 01-06-11

Quotes with Resistance & Support

Market Information

Intraday calls for 01-06-11

Posted on: June 1st, 2011 at 8:34 am

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Markets likely to open flat, Nifty has resistance at 5600 and support at 5510.

Buy Canara Bank at 544, Target: 554, SL 536

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560 Responses

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sameer Says:
June 1st, 2011
Posted at: 1:50 pm
U mean 5550-5600..any one side break ?
GODSE Says:
June 1st, 2011
Posted at: 1:50 pm
Nifty has supports at 5,530 and 5,500 and resistances at 5,580 and 5,610.
Kartik Says:
June 1st, 2011
Posted at: 1:51 pm
Hi sameer, yes, strong resistance at 5610
himanshu Says:
June 1st, 2011
Posted at: 1:51 pm
hey cb..
can u plz tell me the open interest of ks oil and mundra port??
Akash Says:
June 1st, 2011
Posted at: 1:51 pm
Hi Kartik, Holding Sanghvi Forging. Now at 75 but still not above last close. When it can see 150+?
Kartik Says:
June 1st, 2011
Posted at: 1:53 pm
Hi Akash, it might take some time to recover, hold it for Shrt/mid term
Hi himanshu, not sure, you may chk them on nseindia.com
GItanjali Says:
June 1st, 2011
Posted at: 1:59 pm
Hi Kartik, you replied..'they could give a breakout once Markets see's some fresh buying coming in ' .. does that mean ..they will move higher again...may i please know..?
VS Says:
June 1st, 2011
Posted at: 1:59 pm
hi kartik, i m in holding of dhampur sugar @ 79 and EKC @ 131, what shall i do wait for upside movement or book the loss?
Kartik Says:
June 1st, 2011
Posted at: 2:00 pm
Hi GItanjali, strong resistance at 5610, if Markets manage to break that, we could see some upside in stocks
Hi VS, hold them for Short term, they can do well once Markets recover
Aarathana Says:
June 1st, 2011
Posted at: 2:01 pm
Hi VS, I THINK..V WIL NOT BREAK 5600 TODAY......U R VIEW....THANKYOU
Aarathana Says:
June 1st, 2011
Posted at: 2:02 pm
Hi Kartik, Breakout would indicate another bear rally, but the higher low suggests a bottom. Recovery above the descending trendline would confirm..
VS Says:
June 1st, 2011
Posted at: 2:02 pm
and what do u say about ntpc and rcapital? i want to buy both for long term pl suggest me the level to buy both.
Kartik Says:
June 1st, 2011
Posted at: 2:03 pm
Hi Aarathana, they look weak, dont make fresh entries yet, wait for some time
Aarathana Says:
June 1st, 2011
Posted at: 2:03 pm
Hi Kartik, I THINK..V WIL NOT BREAK 5600 TODAY......U R VIEW....THANKYOU
Kartik Says:
June 1st, 2011
Posted at: 2:04 pm
Hi Aarathana, seems we might close flat
JR Says:
June 1st, 2011
Posted at: 2:04 pm
SIR shorted Mundra [email protected] and Coal [email protected]... SL and trgt plss