Quotes with Resistance & Support
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Intraday calls for 05-06-13

Posted on: June 5th, 2013 at 8:29 am

Markets likely to open lower. Resistance for nifty is at 5950.

If markets show recovery later during the day, buy: Apollo Hospitals – (Can continue to hold Apollo hospitals. looks good technically)

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244 Responses

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Comment pages: 8910111213141516Show all

  1. RN Says:
    June 5th, 2013
    Posted at: 7:04 pm

    Dear CB Sir, How about Pennar Industries, Venkeys and SKS Micro Finance for tomorrow intraday, please give your advise. Pennar and Venkeys under 200DMA list. Thanks, RN


  2. sun Says:
    June 5th, 2013
    Posted at: 7:09 pm

    Hi PK, keep 5965 as SL for puts and book profit at 5840


  3. Kartik Says:
    June 5th, 2013
    Posted at: 7:56 pm

    Hi uma, most welcome

    Hi RN, they are likely to trade flat for Intraday tomorrow

    Hi rsw, Yes, hold it with a SL at 5950

    Hi sunil, hold it with a SL at 65 (strong support), can give a bounce if Markets see some upmove ahead

    Hi BNR, faces strong resistance at 820 , above which can do well, hold it with a SL at 790 for a target of 840 in 1-2 weeks time


  4. ganeh Says:
    June 5th, 2013
    Posted at: 8:36 pm

    Hi Kartik, can i buy GITANJALIGEMS for intraday tomorrow


  5. PK Says:
    June 5th, 2013
    Posted at: 8:51 pm

    Hi sun, Thnks sir sure I will....


    Hi members, update
    All global are trading in red....
    Play safe...


  6. Kartik Says:
    June 5th, 2013
    Posted at: 9:06 pm

    Hi ganeh, can be entered with a SL at 560 for a target of 572


  7. PK Says:
    June 5th, 2013
    Posted at: 9:24 pm

    Gold import duty has been increase 2-8% in 2 years

    Thermal power plant has been set up at Rajasthan
    G green energy to invest 7000 cr


  8. sun Says:
    June 5th, 2013
    Posted at: 9:55 pm

    Hi PK, welcome
    short position holders wil party tomorrow.big gap down for asian markets.


  9. sheeja Says:
    June 5th, 2013
    Posted at: 10:10 pm

    Hi CB,

    Please suggest on GVK power. Can consider entering now....
    Thanks.


  10. PK Says:
    June 5th, 2013
    Posted at: 10:28 pm

    Hi sun, Thnks, let's hope so


  11. Kartik Says:
    June 5th, 2013
    Posted at: 10:29 pm

    Hi sheeja, below 320 it looks weak, avoid it


  12. WELL PLAN Says:
    June 5th, 2013
    Posted at: 11:56 pm

    HI KARTIK ,

    NIFTY POSSIBLE DOWN BUT GAP OUT OPENING IS POSSIBLE BUY TRIGGER

    BANKING & REALITY BOTH LOOK BUY ON DIP

    NIFTY CASH 5865/50 & FUTURE 5870/80 STRONG SUPPORT


  13. CB Says:
    June 6th, 2013
    Posted at: 1:32 am

    Hi WELL PLAN, thanks.


  14. sunil Says:
    June 6th, 2013
    Posted at: 8:14 am

    Cb, Im holding BHEL and its at my Cost price, do you advice to exit?? I feel it may see downside. Pls help


  15. CB Says:
    June 6th, 2013
    Posted at: 8:18 am

    Hi sunil, yes, exit from it for now. shall re-enter on dips. as of now seems nifty can test 5850

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