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. arun Says:
    June 6th, 2011
    Posted at: 11:54 am

    Hi CB/Kartik,

    I bought ks oil @ 25.70. what is your opinion for holding it for long term. What is it's resistance & support.


  2. Mikki Says:
    June 6th, 2011
    Posted at: 11:54 am

    Hi Kartik, Shorted IDFC futures @ 137. Pls advise SL and TGT..


  3. Kartik Says:
    June 6th, 2011
    Posted at: 11:57 am

    Hi Aman, Ind-Swift seems to see some consolidation, BGR can see 480

    Hi arun, it looks weak technically, try to exit it on any rise

    Hi Mikki, can see 133, keep a sl at 140


  4. Kartik Says:
    June 6th, 2011
    Posted at: 11:57 am

    I'll be back in 30 mins.;/


  5. dak Says:
    June 6th, 2011
    Posted at: 12:00 pm

    Kartik, whats the support for nifty today? seems to be holding on to 5480... how is europe likely to open ?


  6. pankaj Says:
    June 6th, 2011
    Posted at: 12:03 pm

    bot eclerx @ 828/- in morning for intraday, pls guide. thanx.


  7. MIHIR PAREKH Says:
    June 6th, 2011
    Posted at: 12:14 pm

    WHEN IN THE NEXT CREDIT POLICY?


  8. Mikki Says:
    June 6th, 2011
    Posted at: 12:21 pm

    Hi dak, European Stocks to Drift Lower; Debt in Focus
    European stocks were expected to open lower on Monday after falling to their sharpest weekly loss in two and a half months on Friday in response to weak US jobs data.
    European Credit Default Swaps ------ Source.. CNBC


  9. ankit dargan Says:
    June 6th, 2011
    Posted at: 12:31 pm

    brothr CB
    bought nifty at ns 5486 n nf 5496 with sl of 5473 in ns
    plz advice


  10. Mikki Says:
    June 6th, 2011
    Posted at: 12:35 pm

    Europe Update:

    FTSE 100 -26 -0.44%
    CAC 40 +1 +0.02%
    DAX +35 +0.49%


  11. SETUL Says:
    June 6th, 2011
    Posted at: 12:46 pm

    i have m&m 700 call @11 can i average it


  12. Avinash Says:
    June 6th, 2011
    Posted at: 12:49 pm

    Hi Kartik,

    had shorted icici at 1040...markets taking a uturn...pls advise.


  13. ankit dargan Says:
    June 6th, 2011
    Posted at: 12:53 pm

    wow what a blast in nifty taken from 5486


  14. dak Says:
    June 6th, 2011
    Posted at: 12:56 pm

    Thanks MIkki. Europe is in red, why is our market rising ?


  15. Mikki Says:
    June 6th, 2011
    Posted at: 12:58 pm

    Hi dak, Sorry. No idea...


  16. SAGAR Says:
    June 6th, 2011
    Posted at: 1:02 pm

    Hi dak, Even if global futs are red , our Indian Market have already discounted for almost all rumers and -ve news. if still all -ves forces , nifty can went more down. FIIs and on both side trading.

    Please watch 5450 and crucial level 5420 ; Breaking these points can see 5340 level , where all are needed to go for Buy entery levels.

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