Quotes with Resistance & Support
Market Information

Intraday calls for 06-06-11

Posted on: June 6th, 2011 at 8:30 am

Markets likely to open lower. Support for nifty is at 5490.

If markets show recovery later during the day, buy: Punj Lloyd

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503 Responses

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  1. Mikki Says:
    June 6th, 2011
    Posted at: 8:35 am

    GM CB,
    How ITC and ZEEL will trade today?


  2. Tejas Gupta Says:
    June 6th, 2011
    Posted at: 8:35 am

    Hi market looks wk we may open lower,Nifty-Spot today may Trade with Huge Volatility within the Range of 5520-5455 with Flat to Negative Note. PCR- Vol has Declined on Last Trading Sessions. Major Momentum Indicators are also week on Daily price Chart. As per Our Nifty Indicators, which declined by – 13% in last Trading Session, suggests that Nifty will Trade with Negative Bias on 06 June 2011. Both the Price Levels are very crucial in nature. Closing Up above 5550 and Below 5455 will mark trend reversal.LT tata motors and Sun TV will Bears Best Pick on 06 June 2011.

    Buy Oil & Natural Gas Corpn Ltd above 282.00, target 286.00 for Intraday

    sell ANANTRAJ at 70, tgt is 65.50.


    sell BATA INDIA at 493-492, tgt is 480

    buy L&T tgt 1769

    sell JINDAJ POLY Trgt is 320

    Sell sun tv tgt 267 if mkt goes down.

    Buy Allahabad Bank above 198.50, target 231.00 for 1 Montha

    Buy State Bank of India below 2100.00, target 2247.00 for 3 Months


  3. ramaswamy Says:
    June 6th, 2011
    Posted at: 8:38 am

    sir iam holding ster future long plse u advice


  4. CB Says:
    June 6th, 2011
    Posted at: 8:38 am

    Hi Mikki, Good morning. both are looking good technically. can see an upmove if markets trade flat/positive


  5. CB Says:
    June 6th, 2011
    Posted at: 8:38 am

    Hi ramaswamy, Good morning. it has been moving in the 161-181 range since long. hold for now. if markets improve a bit from here, can bounce back to 175


  6. ttsathya Says:
    June 6th, 2011
    Posted at: 8:40 am

    GM.CB, shorted DLF Fut @232. Pl guide. Shall I buy ITC fut now.


  7. Mikki Says:
    June 6th, 2011
    Posted at: 8:41 am

    Hi CB, Thanks. Can we short IDFC today??


  8. ramaswamy Says:
    June 6th, 2011
    Posted at: 8:41 am

    thianx sir

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