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

Posted on: June 7th, 2010 at 8:18 am

Markets likely to see a gap down opening. Support for nifty is at 4940.

Buy Hindustan Unilever Ltd on dips with stoploss at 244. – (book profits at 252)

12.56pm – buy hcl tech at cmp 374, target: 380. Stoploss: 370.

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709 Responses

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  1. lddgnz Says:
    June 7th, 2010
    Posted at: 10:30 am

    Hi CB/Kartik, any options call on Nifty?


  2. Ravi Says:
    June 7th, 2010
    Posted at: 10:30 am

    Hi Suhas, R u holding puts or shorted Nifty?


  3. AT Says:
    June 7th, 2010
    Posted at: 10:32 am

    Hi CB/Kartik,

    I am holding PE 4900 @ average of 67...........what should i do? shall i book profit @ this level or wait for some more time? also can i buy more lots of 4900 PE?


  4. Trader Says:
    June 7th, 2010
    Posted at: 10:33 am

    Suhas,

    m too holding nifty shorts as adviced by CB
    Let CB come and ask him again
    4960 is close but still seems so far..


  5. Chidananda Says:
    June 7th, 2010
    Posted at: 10:35 am

    Hi S.Mahesh,
    Can you please share your view about Bharti Shipyard please. Thanks in advance


  6. Trader Says:
    June 7th, 2010
    Posted at: 10:35 am

    Suhas,

    i think fall below 4990 ( i think its 200 DMA) wud b some assuring


  7. suhas Says:
    June 7th, 2010
    Posted at: 10:36 am

    ya you are right. If Europe opens red today we may see nifty near to 4950.


  8. ravikanth Says:
    June 7th, 2010
    Posted at: 10:36 am

    sir will mrkt come more at down side


  9. Mrs Kiran S Says:
    June 7th, 2010
    Posted at: 10:37 am

    I have IOC @ 327.20 and SBI @ 2233 (avg). It is time to dispose off these shares.


  10. ravikanth Says:
    June 7th, 2010
    Posted at: 10:37 am

    Hi suhas, wat is the support thn


  11. S.MAHESH Says:
    June 7th, 2010
    Posted at: 10:40 am

    Hi Mrs Kiran S,
    IOC looks good and may go up further above 356, at present facing R at 352/354,
    SBIN hold with stop loss 2048 .


  12. suhas Says:
    June 7th, 2010
    Posted at: 10:45 am

    Hi ravei i have 30 lots of 4.90 put at 70.


  13. Kb Says:
    June 7th, 2010
    Posted at: 10:46 am

    Hi S.MAHESH, yes mahesh.. i also thinks likes that ..


  14. CB Says:
    June 7th, 2010
    Posted at: 10:47 am

    sorry, was not online before.. /


  15. suhas Says:
    June 7th, 2010
    Posted at: 10:47 am

    Ravikanth i dont have Exact Idea. But my broker is telling nifty supprt is at 4952.


  16. Ravi Says:
    June 7th, 2010
    Posted at: 10:47 am

    But Suhas I think The options premium has depriciated from last 2-3 days due to Time decay

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