Quotes with Resistance & Support
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Intraday calls for 06-07-10

Posted on: July 6th, 2010 at 8:17 am

Markets likely to open slightly lower. Support for nifty is at 5200 and resistance at 5280

If markets show recovery later during the day, buy: Gujarat State Petronet Ltd

2.06pm – one reason for quite a few midcaps not doing well today is that BSE Midcap index is near strong resistance level of 7200-7220 – A triple top formation. currently trading at 7190. a close above 7220-7230 can trigger a fresh rally in midcaps

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644 Responses

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  1. prateek Says:
    July 6th, 2010
    Posted at: 12:13 pm

    sir anything to buy in futures???


  2. tanu Says:
    July 6th, 2010
    Posted at: 12:16 pm

    Hi CB,
    u missed my query..please advice on the same,
    and what are t2t stocks..which are the latest t2t stocks?? please explain
    thank you


  3. Vasanth Says:
    July 6th, 2010
    Posted at: 12:17 pm

    Hi CB,

    Can i go for 5300 CE once nifty crosses 5275...


  4. Nall's Says:
    July 6th, 2010
    Posted at: 12:21 pm

    HI ALL Europe is going to open in GREEN points...........


  5. Kelly Says:
    July 6th, 2010
    Posted at: 12:25 pm

    Hi tanu,
    T to T means if u buy 2 day u can not sell it 2 day, u can sell only after u get the same
    in u r DP, that is trade to trade.


  6. jagdish Says:
    July 6th, 2010
    Posted at: 12:27 pm

    hi CB, can i short sell bpcl at current levels.


  7. DS Says:
    July 6th, 2010
    Posted at: 12:29 pm

    Dear All,

    Any idea what is cooking in Fortis and Tata Comm?Market rumours suggest some huge move?Is this true?


  8. Kb Says:
    July 6th, 2010
    Posted at: 12:30 pm

    Hi Vadi, maximum 270. . now at resistance levels ..


  9. manmin Says:
    July 6th, 2010
    Posted at: 12:31 pm

    hi , pls give tgt on essar oil in 15 days ?


  10. Kartik Says:
    July 6th, 2010
    Posted at: 12:32 pm

    sorry guys, just came online


    Hi DS, Fortis is likely to see some upmove in the Short term, not sure of tata com yet

    Hi jagdish, no, dont go short on it yet

    Hi Vasanth, enter above 5280


  11. Suresh M Says:
    July 6th, 2010
    Posted at: 12:32 pm

    Thanks cb,can i hold gspl for 1 week or so?will it see 110?


  12. umar Says:
    July 6th, 2010
    Posted at: 12:32 pm

    Hi Kb,
    Can I buy TFCI at current levels, what could be the target in 2- 3 weeks


  13. Kartik Says:
    July 6th, 2010
    Posted at: 12:32 pm

    Hi manmin, around 148-150 if Markets trade strong


  14. Kartik Says:
    July 6th, 2010
    Posted at: 12:33 pm

    Hi Suresh M, yes, hold it for some more time

    Hi umar, enter in small quantity, it can see 60 in the coming days


  15. LEO Says:
    July 6th, 2010
    Posted at: 12:33 pm

    Hi Kartik,

    Europe in green ...can we see further up move till 5300 lvl by a day or two ...


  16. Shanthi Says:
    July 6th, 2010
    Posted at: 12:34 pm

    Hi Kartik, I shorted hindalco at 142.60 for intraday please advise me

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