Quotes with Resistance & Support
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Intraday calls for 06-06-12

Posted on: June 6th, 2012 at 8:27 am

Markets likely to open higher. Resistance for nifty is at 4930 and support at 4830

Buy Maruti Suzuki at 1079, target: 1095-1100. Stoploss: 1066 – (Book profit in Maruti at 1098)

9.45am – Buy 5000 ce at 70.40, target: 85-90. Stoploss: 4900 (spot) – (Book profit in 5000ce at 84-85)

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642 Responses

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  1. CB Says:
    June 6th, 2012
    Posted at: 4:35 pm

    Hi SaiPalanivel, no issues. shall enter some trade tomorrow. as of now seems can test 5030 if global markets remain weak.

    Hi raja, did not get your question?

    Hi ramaswamy, will need to hold it for med term. don't add more yet

    Hi Sush, most welcome

    Hi vinod, yes, can test 112-114

    Hi SURAJIT PATRA, does look good. 850

    Hi suriya, it can test 240-242

    Hi ramsingh, yes, if markets remain positive can test 14-14.50


  2. bullguy Says:
    June 6th, 2012
    Posted at: 4:40 pm

    Hi CB
    I took 4800pe @ 66 what should i do tommorrow can i hold it
    or book loss?


  3. amol Says:
    June 6th, 2012
    Posted at: 4:42 pm

    I did all wrong way for tomorrow don't know what will happen...

    PE tata motors 220 PE @ 5.50 rs
    PE 4900 Nifty @ 56
    PE 110 Hindalco @ 1.45

    CB sir Can you please advice ....


  4. CB Says:
    June 6th, 2012
    Posted at: 4:46 pm

    Hi bullguy, hold it with sl at 5020 for now.

    Hi amol, ok. as of now hold these. hindalco exit if crosses 121. others are a hold for few days. since there is still long time for expiry, can expect selling pressure on rise.


  5. ramsingh Says:
    June 6th, 2012
    Posted at: 4:46 pm

    Hi CB!
    Thankyou cb! Suppose tomorrow market positive What level maximum we see in LITL (Lanco Infra)


  6. bullguy Says:
    June 6th, 2012
    Posted at: 4:50 pm

    Thanks a lot CB for your advice.....

    what is your prediction on ECB meet ...possitive or negative


  7. CA.Tejas Says:
    June 6th, 2012
    Posted at: 4:57 pm

    Hi CB, I m holding Hero Motor Corp @ 1836 n GNFC @ 78.80 what tgt I can expect??


  8. SaiPalanivel Says:
    June 6th, 2012
    Posted at: 5:12 pm

    CB SIR, I MENTION MY TRADING COMPANY WEBSITE PROBLEM.


  9. CB Says:
    June 6th, 2012
    Posted at: 5:13 pm

    Hi ramsingh, can test 13.80

    Hi bullguy, most welcome. no, not really sure yet

    Hi CA.Tejas, would advice to book in hero for now. gnfc is a hold for now.


  10. Anne Says:
    June 6th, 2012
    Posted at: 5:16 pm

    CB sir.... what would be the target for tatamotors tmr....
    as u said it reached 237 today....


  11. CB Says:
    June 6th, 2012
    Posted at: 5:16 pm

    Hi SaiPalanivel, ok.. hopefully will not occur again

    Hi Anne, seems can test 242.


  12. SaiPalanivel Says:
    June 6th, 2012
    Posted at: 5:22 pm

    THANKS CB SIR.


  13. bullguy Says:
    June 6th, 2012
    Posted at: 5:22 pm

    BREAKING NEWS: ECB leaves benchmark interest rate unchanged at 1.0 percent


  14. SaiPalanivel Says:
    June 6th, 2012
    Posted at: 5:29 pm

    CB SIR, MARKET OVER BOUGHT TODAY? ANY SELLING PRESSURE EXPECT COMING TRADING SESSION? WHATS YOUR VIEW.


  15. hitesh Says:
    June 6th, 2012
    Posted at: 5:38 pm

    hi brother how is ranbaxy looking holding its future at 525


  16. Robotguy Says:
    June 6th, 2012
    Posted at: 5:42 pm

    Hi subodh, Mumbai

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