Quotes with Resistance & Support
Market Information

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. Vinod Says:
    June 7th, 2010
    Posted at: 11:03 am

    Hi,

    I hold 200 unitech @ 78 and 200 indowind at 58 purchased in December...

    There is no increase there....I havent been tracking for the last few months...

    Plz advise now. Thank you.


  2. LEO Says:
    June 7th, 2010
    Posted at: 11:03 am

    Hi CB,

    Can we buy national aluminium @ these lvls ..


  3. CB Says:
    June 7th, 2010
    Posted at: 11:03 am

    Hi Suresh M, may remain a bit weak it seems.

    Hi shiva, hold them for now.they are looking good. euro may open flat it seems.

    Hi mukesh, thanks.

    Hi kumar, no, dont enter it now

    Hi umar, go with euro multivision. can see 33

    Hi dak, no, as of now dont enter them yet. wait for some more time.


  4. Mrs Kiran S Says:
    June 7th, 2010
    Posted at: 11:04 am

    What is support and reisitance for Nifty Fut ?


  5. Hemant Says:
    June 7th, 2010
    Posted at: 11:05 am

    Dear CB how is marico for intraday


  6. np Says:
    June 7th, 2010
    Posted at: 11:06 am

    is it good time to buy Satyam computers?Will it go below 84 this week or will it pick up.I want to put it for Long term investments.


  7. CB Says:
    June 7th, 2010
    Posted at: 11:07 am

    Hi YST, yes, enter in small quantity for now.

    Hi Adhi, yes, can see 455. keep sl at 475

    Hi Suresh M, may remain a bit weak it seems.

    Hi smh, as of now continue to hold onto them. 4900 put will see an upmove once nifty breaks 5010

    Hi Mrs Kiran S, support near 5010 (cash figure)


  8. Suresh M Says:
    June 7th, 2010
    Posted at: 11:07 am

    thanks cb...i bought sel manufacturing and expected it to reach 62 level this week as per ur advice..can i hold on to it for another week?or exit with loss?


  9. CB Says:
    June 7th, 2010
    Posted at: 11:07 am

    Hi Hemant, dont enter it yet. wait for some time.


  10. S.MAHESH Says:
    June 7th, 2010
    Posted at: 11:08 am

    Hi LEO,
    national aluminium is trading at crucial level below 416 it will correct and above 422
    it will become strong, so wait for some time.


  11. dak Says:
    June 7th, 2010
    Posted at: 11:08 am

    OK - thanks CB - will wait.
    Also - SAIL is down to 194 levels today - is more downside expected? or is this a good support level? I have a put which is in loss (I had bought it @14 when the spot price was 195 :-( ) - want to know whether I should square off now (little loss) or continue to hold.


  12. Sabu Says:
    June 7th, 2010
    Posted at: 11:09 am

    More bad news from Europe.

    PARIS, June 7 (Reuters) - Financial bookmakers expect leading European benchmark indexes to sink on Monday, mirroring a sharp sell-off on Wall Street sparked by lower-than-expected monthly jobs data


  13. Vinod Says:
    June 7th, 2010
    Posted at: 11:09 am

    Hi CB,

    I hold 200 unitech @ 78 and 200 indowind at 58 purchased in December…

    There is no increase there….I havent been tracking for the last few months…

    Plz advise now. Thank you.


  14. CB Says:
    June 7th, 2010
    Posted at: 11:09 am

    Hi LEO, no, not yet

    Hi np, enter it lower near 84 levels.

    Hi Suresh M, yes, hold it for now.

    Hi dak, yes, continue to hold it. can see 190


  15. LEO Says:
    June 7th, 2010
    Posted at: 11:10 am

    OK S.MAHESH,

    Any news about Anil's stocks - RELINFRA AND CAPITAL ...


  16. kumar Says:
    June 7th, 2010
    Posted at: 11:10 am

    Thanks CB.

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