Intraday calls for 02-06-11

Quotes with Resistance & Support

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Intraday calls for 02-06-11

Posted on: June 2nd, 2011 at 8:28 am

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Markets likely to open lower, support for Nifty at 5510

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556 Responses

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CB Says:
June 2nd, 2011
Posted at: 7:25 pm
Hi cvrprakash, most welcome, Sundaram Finance seems to have huge amounts of debts, avoid it as of now
Hi Mikki, Tata motors below 1070 looks weak, enter a PUT to hedge, ITC Ce can see around 3.20 levels
fayzad Says:
June 2nd, 2011
Posted at: 7:25 pm
hi CB,
have purchased 9000 shares of HCC yesterday at 32.4
what do you think would be its price target tomorrow ??
f
CB Says:
June 2nd, 2011
Posted at: 7:27 pm
Hi fayzad, it has been in a downtrend, can see 32.50 tomorrow if Markets manage to give a bounce, exit it on rise
himanshu Says:
June 2nd, 2011
Posted at: 7:29 pm
hey cb.... Us market looks good
How u expect nifty tomorrow??
fayzad Says:
June 2nd, 2011
Posted at: 7:33 pm
hi CB,
i was given a target of 40 in a fortnight by my broker. . .
you think the upside is only limited to 32.5 ??
:) f
PS: its raining here, happy first rains to everyone and U . . .
:)
Kb Says:
June 2nd, 2011
Posted at: 7:34 pm
Hi CB, BOOOOOOOM
Mikki Says:
June 2nd, 2011
Posted at: 7:34 pm
Hi CB, Thanks CB..
sandeep Says:
June 2nd, 2011
Posted at: 7:46 pm
Sir...... despite falling us and european markets our markrt did not fall too much.Do you think due to FII buying a lot more upside will come and we will see new levels ?
sandeep Says:
June 2nd, 2011
Posted at: 8:02 pm
An analyst from US predicts that Dow Jones will touch 20000 in next 12 to 18 months.
More details on www.marketwatch.com
Kartik Says:
June 2nd, 2011
Posted at: 8:02 pm
Hi fayzad, yes, same here :), HCC seems to have broken major support levels at 35, 40. It might take some time to re-test 40+ levels
Hi himanshu, seems we might open flat
Hi sandeep, yes, we seem to see some consolidation around 5530-5580 levels, if we manage to cross 5610, we could see some more upside ahead
Hi Kb, :)
Mikki Says:
June 2nd, 2011
Posted at: 8:13 pm
Hi Kartik, Whay Rcom slipped from 95.9 to 87 in a flash today after noon??
MICKY Says:
June 2nd, 2011
Posted at: 8:20 pm
Hey Kartik , Kb , Yogi good evening
kartik wat say can we short Colgate and Gravita india morrow for intraday
Gitanjali Says:
June 2nd, 2011
Posted at: 8:26 pm
Hi Kartik, Will nifty touch 5630..one of these days ..? Can we go long in renuka /tatamotors/tatasteel /reliance or punjlloyd pl?
Has rcom become bullish now ?..can it head back to 100 levels..pl?
Both FII'S & DII'S were net sellers .. although in small measure ,of -14.79 ,& -130.6 respectively..
himanshu Says:
June 2nd, 2011
Posted at: 8:39 pm
ok kartik
Howz onmobile ??
Is it still weak??
Kb Says:
June 2nd, 2011
Posted at: 8:56 pm
Hi Kartik, Ge :) . ..
Hi MICKY, Ge
Hi Gitanjali, Ge
Kartik Says:
June 2nd, 2011
Posted at: 8:57 pm
Hi Mikki, seems reacted to this news: http://www.moneycontrol.com/news/buzzingstocks/orderanil-ambani-probe-plea-at-4-pm-adag-shares-down-_554197.html
Hi MICKY, Colgate looks strong, you may go short on Gravita if it breaks 350
Hi Gitanjali, cant be sure yet, as we have several times falled from 5600 levels, which has now become a crucial resistance level, you may go long Colgate tomorrow with a Sl at 910
Hi himanshu, looks weak, avoid it