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. subodh Says:
    June 6th, 2012
    Posted at: 5:47 pm

    Hi Robotguy, what are the indicators u use for technical analysis


  2. Robotguy Says:
    June 6th, 2012
    Posted at: 5:48 pm

    Hi Manish, For tomorrow : (a) TATA STEEL Target 414 - 416 Keep SL of 408 which is above your purchase price of 390, (b) BHARTI AIRTEL Target 310 Keep SL of 294 which is above your purchase price of 290 (c) HPCL - Target 318 with STRICT SL 297 which is above your purchase price of 290 (d) BEL Exit at open and buy at decline (e) IGL - Exit at open short term bearish. It will go up only if it crosses above 237
    As the market has rallied quite a lot today keep TRAILING STOP LOSS for all your positions tomorrow.


  3. CB Says:
    June 6th, 2012
    Posted at: 5:53 pm

    Hi SaiPalanivel, most welcome. yes, possible see some profit booking

    Hi bullguy, thanks for the update.. european markets not really reacting much to this news.

    Hi hitesh, has some resistance at 500. above this can see 512


  4. Robotguy Says:
    June 6th, 2012
    Posted at: 5:55 pm

    Hi subodh, Very simple indicators 5 Mins Chart, MA of 5 and 10 and keep watch on Volume. To be frank I am actually on learning stage...trying to improve... Only problem not able to be in front of screen as working and i am rarely on my desk


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

    Thanks and Bye to all at NSEGUIDE


  6. abraham Says:
    June 6th, 2012
    Posted at: 6:15 pm

    CB sir,

    Thanks for the call and support you provided

    i purchased dena bank @99.....shall i exit from it at 100 so that i can re enter in it at lower level in this month? or pls suggest i have to hold for short term?. if so what level i should exit? and what level i an expect for re-enter in dena bank?


  7. Kb Trader Says:
    June 6th, 2012
    Posted at: 6:21 pm

    Hi akila, dats cool .. say my congrats to kruthika .. :)

    Hi CB, heyyyyyyyyy cbbbbbbbbb


  8. raja Says:
    June 6th, 2012
    Posted at: 6:34 pm

    Hi CB, Can i long MPHASIS for a month time target of 400


  9. akila Says:
    June 6th, 2012
    Posted at: 6:40 pm

    Hi Kb Trader,

    thanks a lot....I am overwhelmed with the wishes pouring in from my unseen friends here.!! all the very best to all of you too....


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

    Hi Robotguy, bbye. have a good evening.

    Hi abraham, most welcome. dena can head upto 100-102. hold for now.

    Hi Kb Trader, Good evening..

    Hi raja, it does look weak. don't enter it yet.


  11. akila Says:
    June 6th, 2012
    Posted at: 6:50 pm

    Hi CB...good to see you online....

    thanks once again to you..............for creating this wonderful forum which has given all of us so many genuine friends though unseen or unknown to each other, who share the joys and sorrows of others without any bias which is tough to find even in real life friends!!

    i am very much overwhelmed with the wishes coming in for my daughter from this forum today...

    hats off to you...


  12. sona Says:
    June 6th, 2012
    Posted at: 6:52 pm

    Hi CB....market was unbelievable today...hope it continues...if so how about buying SBIN and the tgt?


  13. CB Says:
    June 6th, 2012
    Posted at: 6:52 pm

    Hi akila, :) thanks for your kind comments. nice to hear that.


  14. CB Says:
    June 6th, 2012
    Posted at: 6:53 pm

    Hi sona, yes, global markets are cooling off a bit. lets see how US markets close. sbi has rallied quite a bit. don't enter it now.


  15. Anne Says:
    June 6th, 2012
    Posted at: 6:55 pm

    CB,

    Shall i go for dena 100 call option for tmr ?


  16. raja Says:
    June 6th, 2012
    Posted at: 6:58 pm

    Hi CB, oh ok thanks

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