Quotes with Resistance & Support
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Intraday calls for 01-06-12

Posted on: June 1st, 2012 at 8:28 am

Markets likely to open slightly lower. Support for nifty is at 4875. Resistance at 4960.

Buy Siemens at 672-677, target: 690. Stoploss: 663 – (SL Triggered)

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225 Responses

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  1. shashi Says:
    June 1st, 2012
    Posted at: 9:42 pm

    hai cb sir......GE
    I'm holding 50shares RIL@850 but..
    now 686.00 what to do sir.......
    where is the support level for it.....plz tell me sir......


  2. CB Says:
    June 1st, 2012
    Posted at: 9:58 pm

    Hi SaiPalanivel, Good evening. yes, guess we will need to hold it if nifty opens gap down. strong support at 4750-4800

    Hi shashi, Good evening. its fundamentally a very strong bet for med/ long term. hold it. can look to add few more if it dips by 10-12%. has strong support at 660-670


  3. SaiPalanivel Says:
    June 1st, 2012
    Posted at: 10:11 pm

    THANKS CB SIR.


  4. shashi Says:
    June 1st, 2012
    Posted at: 10:12 pm

    cb sir strong support at 660-670 can see ?


  5. shashi Says:
    June 1st, 2012
    Posted at: 10:14 pm

    THANKS CB SIR...


  6. Sohan Says:
    June 1st, 2012
    Posted at: 10:14 pm

    Hello CB/Kb/SM

    Good Evening to all and everyone on forum too.

    Sohan


  7. shashi Says:
    June 1st, 2012
    Posted at: 10:17 pm

    GOOD EVENING SOHAN....


  8. SM Says:
    June 1st, 2012
    Posted at: 10:25 pm

    Hi Sohan, GE. Have a great weekend :)


  9. Sohan Says:
    June 1st, 2012
    Posted at: 10:25 pm

    Hello CB / SM and all,

    Where do you see market will go from here.

    My technical view is, we may see a bounce from 4780 but below that it looks like heading towards 4600 levels.

    Please let me know your opinion.

    Sohan


  10. sandeep Says:
    June 1st, 2012
    Posted at: 10:26 pm

    cb..............good evening.................Wats ur view on GAIL after court order on gas pricing? I'm holding its 360 CALL for current series. Can it see levels close to 340 in the next 5-10 days?
    plz rply


  11. Kb Trader Says:
    June 1st, 2012
    Posted at: 10:37 pm

    Hi SM, GE . . thanks :)

    Hi shashi, GE


  12. CB Says:
    June 1st, 2012
    Posted at: 10:37 pm

    Hi SaiPalanivel, most welcome

    Hi shashi, its likely if markets remain weak

    Hi shashi, most welcome

    Hi Sohan, Good evening.. technically has strong support at 4750-4800 levels. if manages to break this level, then could test 4600

    Hi sandeep, Good evening. go with a 340 ce for now. seems can test 340-345


  13. Kb Trader Says:
    June 1st, 2012
    Posted at: 10:39 pm

    Hi Sohan, GE . .. :)


  14. Sohan Says:
    June 1st, 2012
    Posted at: 10:39 pm

    Hello Kb,

    How was trip to Delhi.
    By the way when are your exams ???

    Sohan


  15. SM Says:
    June 1st, 2012
    Posted at: 10:41 pm

    Hi Sohan, Hope CB's reply helped. Anything below 200 DMA (simple MA) is considered weak technically :)


  16. Kb Trader Says:
    June 1st, 2012
    Posted at: 10:44 pm

    Hi CB, whts up beedu ?? last day i came near u.. panvel in train :DDD

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