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. CB Says:
    June 6th, 2011
    Posted at: 8:53 am

    Hi Mayur, Good morning. I am doing good. how have you been doing? hold kajaria for now.

    Hi sameer, Good morning


  2. Tejas Gupta Says:
    June 6th, 2011
    Posted at: 8:53 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 for 3 Months


  3. Manish Says:
    June 6th, 2011
    Posted at: 8:54 am

    CB..which one do you prefer out of the lot.....Lanco Infratech or GVK Power ?


  4. JR Says:
    June 6th, 2011
    Posted at: 8:55 am

    Gud Mrng CB sir,
    Any stock for intraday sell...


  5. CB Says:
    June 6th, 2011
    Posted at: 8:56 am

    Hi SS, Good morning. its not really moving much since long. hold with sl at 440 for now. if holds onto these levels for some more time, can see a bounce.


  6. Tejas Gupta Says:
    June 6th, 2011
    Posted at: 8:56 am

    Hi SS, looks bit weak. don enter it yet, if bought hold it for now


  7. Mayur Says:
    June 6th, 2011
    Posted at: 8:56 am

    Hi Tejas Gupta, Good Morning Gupta ji..How are youu.... turning more professionalized now in giving advices... good carry on... plzz advice any stock for fresh buying.!
    Hi CB, any stock u recommend for short term..


  8. CB Says:
    June 6th, 2011
    Posted at: 8:56 am

    Hi Manish, both are going a bit weak. don't enter these yet

    Hi JR, Good morning.. no, not yet. seems may open gap down


  9. sameer Says:
    June 6th, 2011
    Posted at: 8:56 am

    Sir .. what would be the nifty levels for today ?


  10. sanzy Says:
    June 6th, 2011
    Posted at: 8:57 am

    GM have a good trading day..

    shall i buy Biocon and Marico at CMP


  11. CB Says:
    June 6th, 2011
    Posted at: 8:57 am

    Hi Mayur, buy some of mrpl

    Hi sameer, has good support at 5490-5500 levels. lets see how it goes.


  12. CB Says:
    June 6th, 2011
    Posted at: 8:58 am

    Hi sanzy, Good morning. wish you the same. go with marico for now. its a safe bet.


  13. Mayur Says:
    June 6th, 2011
    Posted at: 8:58 am

    Hi CB, ok..thanks... and here i noticed some bounce in cipla ... is it rite to average out.????


  14. CB Says:
    June 6th, 2011
    Posted at: 8:59 am

    Hi Mayur, no, not yet. lets wait.


  15. Tejas Gupta Says:
    June 6th, 2011
    Posted at: 9:00 am

    Hi Mayur, i am good, ya sure .
    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


  16. Mayur Says:
    June 6th, 2011
    Posted at: 9:00 am

    Hi CB, ok...bedi ji.. haav u heard abt the CWA (cost and work a/c) course.????

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