Quotes with Resistance & Support
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Intraday calls for 05-06-12

Posted on: June 5th, 2012 at 8:23 am

Markets likely to open slightly higher. Resistance for nifty is at 4870 and support at 4750-4800

Buy Axis bank at 988, target: 1012. Stoploss: 975 – (book profit at 1010)

If markets show weakness later during the day, sell: Jindal Steel and power – (Book profit in Jindal steel at 410 and exit hero moto at 1865 (call given last week))

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468 Responses

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Comment pages: 8910111213141516Show all

  1. vishal Says:
    June 5th, 2012
    Posted at: 10:56 am

    hi, can i expect levels of 510-520 in reliance infra in 1-2 months? thanks


  2. STREET DON Says:
    June 5th, 2012
    Posted at: 11:00 am

    Hi vishal, can touch 475-480 in 1 month..


  3. sunil Says:
    June 5th, 2012
    Posted at: 11:04 am

    what is the target and SL for Jindal Steel and power


  4. TUSHAR Says:
    June 5th, 2012
    Posted at: 11:08 am

    What is your view on KFA?


  5. STREET DON Says:
    June 5th, 2012
    Posted at: 11:11 am

    Hi sunil, JINDAL STEEL AND POWER SL 414 TARGET 420... ITS IN DOWNTREND TODAY, HOLD WITH SL..

    Hi TUSHAR, KFA IS GOOD FOR LONG TERM CAN GIVE YOU 200% RETURNS


  6. Dinesh Kumar Says:
    June 5th, 2012
    Posted at: 11:14 am

    Hi STREET DON, i entered TATA MOTORS 229 expecting target of 235 with SL 225..It triggered stop loss again started to increase again i am enterd @ 228.. now again it was gone to 226.. wat to do can i exit again.. or hold....


  7. RAMESHB Says:
    June 5th, 2012
    Posted at: 11:14 am

    Hi STREET DON, can we buy now or wait for lower price in kfa.


  8. monica Says:
    June 5th, 2012
    Posted at: 11:15 am

    hi streetdon...y nifty is struggling here...will it go up


  9. Subin Says:
    June 5th, 2012
    Posted at: 11:18 am

    Hi can i enter jp associates@cmp


  10. vipul Says:
    June 5th, 2012
    Posted at: 11:19 am

    hi street don,booked loss in jp.pls suggest some good script for medium to long term.i am fed up with intraday trading and loss


  11. STREET DON Says:
    June 5th, 2012
    Posted at: 11:20 am

    Hi Dinesh Kumar, IF YOUR VIEW IS SHORT TERM THEN HOLD IT.

    Hi monica, NIFTY STRUGGLING TO CROSS 4900 YET, BUT IT WILL AGAIN BOUNCE BACK TO 4890 LEVEL..


  12. natasha singh Says:
    June 5th, 2012
    Posted at: 11:22 am

    Hello Street Don,
    Can i take a call of tata steel at cmp


  13. monica Says:
    June 5th, 2012
    Posted at: 11:22 am

    u mean it will go upto 4900 level & again come down to 4890,rite?


  14. STREET DON Says:
    June 5th, 2012
    Posted at: 11:24 am

    Hi natasha singh, yes buy in small quantity with sl in cash around 401 level.


  15. Mohit Says:
    June 5th, 2012
    Posted at: 11:24 am

    Tell me about oriental bank, i short today @ 224


  16. natasha singh Says:
    June 5th, 2012
    Posted at: 11:25 am

    okay great...thanks street don....and ya one more thing....what does europe look like....do u think markt will hold up till 3.30....

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