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. MICKY Says:
    June 6th, 2011
    Posted at: 1:43 pm

    CB

    seems like markets gonna end positive wat say


  2. CB Says:
    June 6th, 2011
    Posted at: 1:44 pm

    Hi tuff money, keep sl near 5530 for now. or you can hedge with a call


  3. CB Says:
    June 6th, 2011
    Posted at: 1:44 pm

    Hi Mikki, yes. hold onto it

    Hi MICKY, yes. seems so


  4. MIHIR PAREKH Says:
    June 6th, 2011
    Posted at: 1:44 pm

    m holding boi from 437 wat to do m tensed as the market is also not recovering plzzz help


  5. namonia Says:
    June 6th, 2011
    Posted at: 1:44 pm

    bought nifty@5510 please today tar what levelcan iwait today


  6. Kb Says:
    June 6th, 2011
    Posted at: 1:44 pm

    Hi CB, CBBBBBBBBBBB :)


  7. Mikki Says:
    June 6th, 2011
    Posted at: 1:45 pm

    Hi CB, Thanks. Booked loss in Zeel. Reenter @ 140?
    Can we enter Punj now? Can hold for 1week..


  8. CB Says:
    June 6th, 2011
    Posted at: 1:47 pm

    Hi MIHIR PAREKH, ok. would advice to enter its 400 put to hedge for now. will help recover the loss if markets remain weak

    Hi namonia, keep sl at 5490 closing basis. can test 5530

    Hi Kb, good afternoon..

    Hi Mikki, ok. dont enter it again yet. one can enter punj for 1-2 days


  9. Mikki Says:
    June 6th, 2011
    Posted at: 1:48 pm

    Also bought ICICI 1000 PE @ 13.00. CMP 12.00. Exit at cost or hold for profits?


  10. Kb Says:
    June 6th, 2011
    Posted at: 1:48 pm

    Hi CB, GA ..


  11. CB Says:
    June 6th, 2011
    Posted at: 1:48 pm

    Hi Mikki, it has good support at 1040. exit put for now. enter again if trades below 1037-1040 for some time.


  12. MICKY Says:
    June 6th, 2011
    Posted at: 1:48 pm

    lets hope they end positive and take eclerx up ;)

    chalo cb have to go to college sm1s waiting ;)


  13. MIHIR PAREKH Says:
    June 6th, 2011
    Posted at: 1:49 pm

    400 put is nt traded besides do u think markets r gonna remain weak?shud i exit?


  14. Mikki Says:
    June 6th, 2011
    Posted at: 1:49 pm

    Hi CB, Tgt in Punj?


  15. CB Says:
    June 6th, 2011
    Posted at: 1:49 pm

    Hi MICKY, lets hope for the best.. tc. have a good day


  16. divyesh Says:
    June 6th, 2011
    Posted at: 1:49 pm

    Hi Cb, how did u see the tatasteel and hindoilexp for tdy closing can see closing above 572 in tata steel and hindoilexp @ 157

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