Quotes with Resistance & Support
Market Information

Intraday calls for 02-06-10

Posted on: June 2nd, 2010 at 8:21 am

Markets likely to see a flat opening. Resistance for nifty is at 5000 and support at 4940.

Buy Tech Mahindra Ltd at 638.15, target: 652. Stoploss: 625

Trade in small quantities.

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619 Responses

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Comment pages: 313233343536373839Show all

  1. YASH Says:
    June 2nd, 2010
    Posted at: 7:48 pm

    Dear CB
    Iam holding 4900PE can i expect nifty to be in 4900 range in 2 days


  2. YASH Says:
    June 2nd, 2010
    Posted at: 7:51 pm

    Dear CB
    Iam holding 4900PE can i expect nifty to be in 4900 range in 2 days
    and also I am holding SUZLON 50 PE


  3. amit Says:
    June 2nd, 2010
    Posted at: 7:55 pm

    no money to average the shorted nifty,,,,,may i go with a 5000 call to hedge it


  4. Akash Says:
    June 2nd, 2010
    Posted at: 7:55 pm

    Hi CB, Deccan Gold is in Circuit today. Is 20% UC startd in this counter for min target 50+ :(


  5. Lata Says:
    June 2nd, 2010
    Posted at: 7:59 pm

    hi chirag, how are mkts tomm.......again a flat opening and then a bounce bk or higher opening


  6. rashid Says:
    June 2nd, 2010
    Posted at: 8:07 pm

    us housing data climbed 6%,,,,seems gap up tommorow

    hmmmm,,,,,my short,,seems i may have to leave trading


  7. S.MAHESH Says:
    June 2nd, 2010
    Posted at: 8:11 pm

    Hi Animesh,
    DATE 6/2/2010 JPINFRATEC Close 80.800 Yest Close 80.650

    PP: 81.100

    Sell Below: 80.694

    Stop Loss for Short: 81.100

    Buy Above: 81.303

    Stop Loss for Buy: 80.840

    R: 82.100 , 83.400 , 84.700

    S: 79.800 , 78.800 , 77.500


  8. S.MAHESH Says:
    June 2nd, 2010
    Posted at: 8:15 pm

    Hi Animesh,
    about
    PIRHEALTH hold, some time back i have posted remark about it. no one can predict its and lupin's movements.
    But it is best scrip for ideal portfolio.


  9. Chandu Says:
    June 2nd, 2010
    Posted at: 8:16 pm

    Hi CB,

    I have Elecon Engineering, Electro steel castings, Ghcl & Dishman pharma. How are they going to perform in short term?

    Regards,
    Chandu


  10. Animesh Says:
    June 2nd, 2010
    Posted at: 8:17 pm

    Hi Mahesh,

    Thanks fr ur advice...But could you tell me regarding Zandu,Pirmal and RNRL....
    I had invested lot of money on these shares..
    Regds


  11. S.MAHESH Says:
    June 2nd, 2010
    Posted at: 8:17 pm

    GOOD NIGHT.


  12. ac Says:
    June 2nd, 2010
    Posted at: 8:18 pm

    HI rashid ... Cb says markets will come lower again...


  13. CB Says:
    June 2nd, 2010
    Posted at: 8:20 pm

    Hi shahul, most welcome

    Hi Animesh, most welcome. for now would advice to wait for the trend to be clear.. as of now is volatile and a bit weak.

    Hi YASH, yes, hold it for 2-3 days.

    Hi Akash, yes, its a good long term bet.

    Hi amit, no, for now hold it. dont hedge yet

    Hi Lata, yes, as of now seems may open slightly higher.

    Hi rashid, hold them. markets will remain in the 4800-5100 range for some time.

    Hi S.MAHESH, Good night..


  14. CB Says:
    June 2nd, 2010
    Posted at: 8:21 pm

    Hi Chandu, hold them for short term. if markets remain good. can add 5-7%


  15. Akash Says:
    June 2nd, 2010
    Posted at: 8:24 pm

    Hi CB, Ok. What about Engineers India for long term for 3k+ target. Is it good buy at this level?


  16. abhi Says:
    June 2nd, 2010
    Posted at: 8:27 pm

    sir should i book profit in ib fin and re enter at low or wair?should i invest sel manu and praj now or wait.plz advice me sir.Thanks

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