Intraday calls for 02-06-14

Quotes with Resistance & Support

Market Information

Intraday calls for 02-06-14

Posted on: June 2nd, 2014 at 8:21 am

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Markets likely to open flat. Support for nifty is at 7200 and resistance at 7320

Buy Balrampur Chini at 73, target: 77. Stoploss: 70.50. (May have to hold for 1-2 days as markets are going flat).

Thought for the day: It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price – Warren Buffett

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312 Responses

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JEYA Says:
June 2nd, 2014
Posted at: 8:59 am
CAN I BUY GDL FOR INTRADAY? Pls. GIVE TARGET.
CB Says:
June 2nd, 2014
Posted at: 8:59 am
Hi YASH, Good morning. can add in small quantity for now.
Hi Prathmesh, most welcome
Hi Archana, Good morning. not yet. should be back in a day or 2. thank you for your wishes.
CB Says:
June 2nd, 2014
Posted at: 9:01 am
Hi SEBY, can add in small quantity for short term. can test 335
Hi Aniket, yes, its a hold for now
Hi Sankar, most welcome
Hi JEYA, not yet. has some resistance near 223. above this can test 228
Archana Says:
June 2nd, 2014
Posted at: 9:01 am
Good Morning CB,
Hope your wife is back from the hospital and is doing better.
I bought 4000 Nectar Life @ 28.5 and am in trouble now! what do u think I should do with it. Request your advice on the same. SOS!
Regards
dinesh Says:
June 2nd, 2014
Posted at: 9:01 am
hi cb gm ur opinion on adanipower for intraday?
premkumar Says:
June 2nd, 2014
Posted at: 9:02 am
hi sir...how is your wife health....?
Ibrahim Says:
June 2nd, 2014
Posted at: 9:02 am
Cb sir, what's your view on HUL today
CB Says:
June 2nd, 2014
Posted at: 9:03 am
Hi Archana,not yet. should be back in a day or 2. thank you for your wishes.. nectar has strong support at 26 levels. hold for now. can bounce back from here
Hi dinesh, Good morning. can test 62-62.5
Prathmesh Says:
June 2nd, 2014
Posted at: 9:03 am
CB sir one more query...I bought L&T @ 1571 in last week...do you think i should book profits and reenter afterwords when correction happens?
CB Says:
June 2nd, 2014
Posted at: 9:04 am
Hi premkumar, Good morning. is better now. thank you for your kind wishes
Hi Ibrahim, no, not sure of entering it now. already rallied quite a bit on Friday
Hi Prathmesh, not yet. can hold onto it. can add few more on dips
JEYA Says:
June 2nd, 2014
Posted at: 9:04 am
THANK YOU SIR.
dhruv Says:
June 2nd, 2014
Posted at: 9:04 am
Way abt glenmark for short term??
SEBY Says:
June 2nd, 2014
Posted at: 9:04 am
Hi CB sir ,
thanks a lot
amit Says:
June 2nd, 2014
Posted at: 9:06 am
sir i have hindalco june fut @150.75 , what should i do.....
Raushan Says:
June 2nd, 2014
Posted at: 9:06 am
thanx
CB Says:
June 2nd, 2014
Posted at: 9:06 am
Hi JEYA, most welcome
Hi dhruv, its looking a bit weak. dont enter yet
Hi SEBY, most welcome
Hi Vishal, not yet. hold both