Intraday calls for 06-06-16

Quotes with Resistance & Support

Market Information

Intraday calls for 06-06-16

Posted on: June 6th, 2016 at 8:28 am

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Markets likely to open flat. Support for Nifty is at 8180 and resistance at 8300. Bank Nifty has support at 17500 and resistance at 18000.

No pre-market call for today.

10.39am – Buy Mahindra & Mahindra at 1383, target: 1405. Stoploss: 1370 – (Continue to hold for Intraday) – (If possible continue to hold M&M for BTST. Looks strong technically)

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153 Responses

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Sayan Says:
June 6th, 2016
Posted at: 3:18 pm
Hi Kartik / CB, what do you think about Titan Company? Is it a bit weak at current levels and can go a bit low from here? Also, ceat can it test 880 in the next couple of days?
Niki Says:
June 6th, 2016
Posted at: 3:18 pm
OK sir thank u ..
Kartik Says:
June 6th, 2016
Posted at: 3:20 pm
Hi Sayan, its looking weak. best to avoid for now
Hi Niki, most welcome
Hi maity, its difficult to trade in flat markets.
Sayan Says:
June 6th, 2016
Posted at: 3:21 pm
Hi Kartik, which one, Titan or Ceat or both?
anbu Says:
June 6th, 2016
Posted at: 3:22 pm
Hi Kartik, Can we expect PNB to cross 80-85 in Jun Exp. ? and Concor target for Jun exp.? Thank you so much.!
Amit Says:
June 6th, 2016
Posted at: 3:22 pm
Hi Kartik, I have shares of Hindalco purchased at 95. Should I sell or hold?
Kartik Says:
June 6th, 2016
Posted at: 3:23 pm
Hi Sayan, titan. ceat too looks a bit weak. below 880 can fall further
Hi anbu, yes, can test 80-82 levels it seems.
Kartik Says:
June 6th, 2016
Posted at: 3:23 pm
Hi Amit, its a hold. is in an uptrend. can test 112
sam jack Says:
June 6th, 2016
Posted at: 3:25 pm
holding kakataiya@498 , [email protected] and himadri @20.10 your views on this plss
Sayan Says:
June 6th, 2016
Posted at: 3:25 pm
Thanks Kartik.
Kartik Says:
June 6th, 2016
Posted at: 3:26 pm
Hi sam jack, these are a hold. can test 540, suzlon around 18. himadri can test 24 in near term
Hi Sayan, most welcome
Kartik Says:
June 6th, 2016
Posted at: 3:26 pm
ill be back in some time
anbu Says:
June 6th, 2016
Posted at: 3:28 pm
Dear Kartik, PNB is not showing any movement. hold or exit at day's high? thank you.
Shani Says:
June 6th, 2016
Posted at: 4:07 pm
hi Kartik, Pl update about Lupin Future.
SAMEER Says:
June 6th, 2016
Posted at: 4:09 pm
HELLO CB SIR I HAVE CIPLA 460 PUT @11.3 NOW PRICE DOWN @8.05 I AM STILL HOLDING PLEASE SUGGEST ME WHAT TO DO TOMORROW
Sudesh Says:
June 6th, 2016
Posted at: 4:37 pm
Hi Kartik,
Your suggestion on Orient Bank June @90 Call. Purchased on 1.75/-. CMP 1.55/-.