Intraday calls for 03-06-11

Quotes with Resistance & Support

Market Information

Intraday calls for 03-06-11

Posted on: June 3rd, 2011 at 8:37 am

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Markets likely to open flat, Support for Nifty at 5510, resistance at 5600

Buy Zee Entertainment around 142.50, Target: 148, SL 138 (continue to hold for 1-2 days)

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722 Responses

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vega Says:
June 3rd, 2011
Posted at: 11:44 am
Hi CB,
Can u answer me how its happend all ADAG stocks fallen heavily yesterday due to some news...How it can happen a fall like that in all ADAG stock at the same time?The news is getting to clients on different time na?Or FII or DII is selling together?Or its the sign to retailers to be onsious as manipulators still trading in market?Any idea?
cvrprakash Says:
June 3rd, 2011
Posted at: 11:51 am
Vega,
People like us get the news only after the market started reacting to it already!!!!
This happens every-time.
CB Says:
June 3rd, 2011
Posted at: 11:52 am
Hi GURU, as of now looks a bit weak below 1060. seems may take some time to recover
Hi SIDDHARTH CHHEDA, vip can test 820 in short term. zee around 148-150.
Hi afu, yes. after the stock splits, price of the stock will come down by 50% and you will have 200 stocks
Hi vega, yes. could be profolio selling and also news spreads all over. so people start to sell as soon as they hear it.
Vivek Shah Says:
June 3rd, 2011
Posted at: 11:52 am
Hi vega, there was news of PIL for investigation aganist Anil Ambani and he the head of ADAG thus trigger such fall yesterday, now its on recover mode as appeal rejected.
shathikbasha Says:
June 3rd, 2011
Posted at: 11:53 am
Dear karthik my neme shathik cell 9944445881
CB Says:
June 3rd, 2011
Posted at: 11:54 am
Hi shathikbasha, Good morning.
Akash Says:
June 3rd, 2011
Posted at: 11:55 am
Hi CB, Sanghvi For is going to lock on LC again. Shud I buy BGR 1250 CE for june. CMP is 1.80. target 5+. or LITL 35 CE or any other CE/PE?
afu Says:
June 3rd, 2011
Posted at: 11:56 am
So now better is holding manappuram shares. When it become , mean after which date.
I have kinetic motors 50 shares, can we see any up in coming days.
thavva Says:
June 3rd, 2011
Posted at: 11:56 am
Hi CB, GM, bought zeel @ 142.9. hold?
CB Says:
June 3rd, 2011
Posted at: 11:57 am
Hi Akash, 1250 ce for bgr will give loss as its not likely to more than double in 20 days
Mikki Says:
June 3rd, 2011
Posted at: 11:57 am
Hi CB, Can't bare more loss in Tatamotors. Already 25k loss. Shall i exit and buy 1lot ITC and 1 lot ONMOBILE. Can hold for 1-2 weeks..
CB Says:
June 3rd, 2011
Posted at: 11:57 am
Hi afu, yes. after record date. hold it. kinetic is a hold for now
Hi thavva, yes, seems may have to hold for 1-2 days. technically looks strong.
CB Says:
June 3rd, 2011
Posted at: 11:58 am
Hi Mikki, yes. come down quite a bit. go with itc for now.
Akash Says:
June 3rd, 2011
Posted at: 11:59 am
Hi CB, Then anything which I can buy form 650 Rs. :(
Mikki Says:
June 3rd, 2011
Posted at: 11:59 am
Hi CB, What to with ZEEL. Bought 2 lots @ 143. CMP 140.50
CB Says:
June 3rd, 2011
Posted at: 11:59 am
Hi Akash, not yet
Hi Mikki, it looks strong technically. should see a bounce soon. hold it for 1-2 days.