Quotes with Resistance & Support
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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: 2345678910Show all

  1. CB Says:
    June 2nd, 2010
    Posted at: 8:54 am

    Hi Maddy, one can enter tech mah in small quantity

    Hi Suresh M, if short term then exit around 62.

    Hi sandeep, Good morning. yes. OI is suggesting we may move bit lower in coming days.. 4800-4850 is a good support zone.


  2. DS Says:
    June 2nd, 2010
    Posted at: 8:54 am

    Dear CB,

    Are you expecting the markets to go up or are you expecting tech mahindra to buck the trend even in a falling market?


  3. Kb Says:
    June 2nd, 2010
    Posted at: 8:54 am

    Hi CB, Ok cb ...

    which all sectors mostly moves along with nifty ? ..

    Pharma stocks does well in weal market ??


  4. stalin Says:
    June 2nd, 2010
    Posted at: 8:55 am

    good morning buddy...


  5. sriram Says:
    June 2nd, 2010
    Posted at: 8:55 am

    hi cb..can i hold unitech for a couple of months..i hv 1000 shares @ 79..shd i avg @ current levels..when can i avg..or shd i exit..


  6. Gitanjali Says:
    June 2nd, 2010
    Posted at: 8:56 am

    Hi CB, Kindly tell me... am to exit from gmdc futures' sell cmp 123.9 ..as mkts opens ..please?
    Hi CB, Nice one !!.. best of everything..


  7. seshu Says:
    June 2nd, 2010
    Posted at: 8:56 am

    Doing trading in one or two stocks daily. Maintaing accounts looks clumsy. Where do we get knowledge assistence to maintain accounts?


  8. S.MAHESH Says:
    June 2nd, 2010
    Posted at: 8:56 am

    For compulsive traders who are ready to take RISK.
    INTRADAY CALL - for 2nd,June,2010.
    Sell SIEMENS below 678, stop loss 683, target 665,655.
    GENERAL - short term Nifty trend will become clear at 4925 - 5085.


  9. Mayur Says:
    June 2nd, 2010
    Posted at: 8:57 am

    Sirji... Suggest any medium range stock of automobile sector having good fundamentals.?
    How u seems this sector.?


  10. Kb Says:
    June 2nd, 2010
    Posted at: 8:57 am

    Hi CB, why Cb.. what was the change in OI ??


  11. sandeep Says:
    June 2nd, 2010
    Posted at: 8:57 am

    bt than why addition in 4300-4400put...??? Is it dosent indicate we break 4800 also...??? & wht abt Ril issue it dosn't seems same as happn in Dow earlier...FII withdrow in cash market for may is 7598.30Cr....


  12. Gitanjali Says:
    June 2nd, 2010
    Posted at: 8:57 am

    Hi suzane, sorry CB that was meant for suzane....' Nice one !!.. best of everything..'


  13. CB Says:
    June 2nd, 2010
    Posted at: 8:57 am

    Hi Janvi, i believe is 532658

    Hi suzane, thanks for your kind comments.

    Hi seshu, as of now its bearish

    Hi DS, yes, likely to hold on

    Hi Kb, all do.. in weak markets buying moves to defensive sectors like pharma/fmcg

    Hi stalin, Good morning..

    Hi sriram, yes. hold onto it. dont avg it yet.


  14. sanzy Says:
    June 2nd, 2010
    Posted at: 8:57 am

    i'm holding 5100Ce at 85
    what to do..???


  15. Bull Says:
    June 2nd, 2010
    Posted at: 8:57 am

    hi CB, IFCI looks strong .. trading on its own strength despite global mayhem its trading firm around 53, it will shoot up, the moment , market turns green. . It seems is risky to further short from this level..should i cover all at opening ? my feeling says it will shoot up to 58 anytime..


  16. S.MAHESH Says:
    June 2nd, 2010
    Posted at: 8:59 am

    CB Good Morning

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