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. Gitanjali Says:
    June 7th, 2010
    Posted at: 3:08 pm

    Hi CB/ Kartik, kindly tell me shall I exit from lic , granules and polyplex today pl?..as they r in green as of now ...
    Which is the nifty level to watch out for ..to cover short position in GMDC futures , may I know pl?


  2. jeetu Says:
    June 7th, 2010
    Posted at: 3:08 pm

    hi kartik holding vijaya bank 500 @ 51.60 , @ wat rate can book profit?


  3. Kb Says:
    June 7th, 2010
    Posted at: 3:08 pm

    Hi Kartik, But in morning volume was there, to break it ,.. why volumes come in later ?? thats not a good sector ??


  4. vindi Says:
    June 7th, 2010
    Posted at: 3:09 pm

    hello i need a advice on ballarpur industries is this time to enter r wait for more time in this week .. may i know the bottoms of this stock.. pls advice... for this week


  5. Kartik Says:
    June 7th, 2010
    Posted at: 3:09 pm

    Hi Lata, its only recenlty that the company has received large orders, over the past few years, its sales turnover for the past 2-3 years has remained flat

    Hi AT, most welcome


  6. Kb Says:
    June 7th, 2010
    Posted at: 3:10 pm

    "dosent " come later ................. missed that in between ..


  7. Soumitra Says:
    June 7th, 2010
    Posted at: 3:11 pm

    Wud u recommend DLF at CMP?, hi, is IFB IND a buy at 111?


  8. Adhi Says:
    June 7th, 2010
    Posted at: 3:12 pm

    hi karthik,

    please tell me ur views on tomorrows market.


  9. Kartik Says:
    June 7th, 2010
    Posted at: 3:12 pm

    Hi suzane, oh, it would be better if you start investing in Mutual funds

    Hi vindi, it would be better to wait for 2-3 days

    Hi Kb, yes, the increase in volumes was caused due to profit booking, it wasn't fresh buying interest

    Hi jeetu, book around 63-65

    Hi Gitanjali, hold GMDC with a trailng Sl at 120 as of now, its likely to see some more downside, book 50% profits in lic , granules and polyplex at CMP, hold the rest for some more time

    Hi AT, oh, you may book profits in 2 lots today, to be on the safer side


  10. ONKAR Says:
    June 7th, 2010
    Posted at: 3:12 pm

    i have short position in nifty@5000
    hold or exit plz suggest


  11. skmishra Says:
    June 7th, 2010
    Posted at: 3:13 pm

    Hi Kartik, I have shorted nifty @ 5015 nf, can i carry the short with SL as 5050 NS for today? Or you advise to close position?


  12. AT Says:
    June 7th, 2010
    Posted at: 3:13 pm

    Ok sir.....thank you


  13. rk Says:
    June 7th, 2010
    Posted at: 3:13 pm

    can i buy nifty now


  14. kumar Says:
    June 7th, 2010
    Posted at: 3:14 pm

    Kartik, Can i hold HCLTECH till tmwr, or book it loss now, Pls advice


  15. Kartik Says:
    June 7th, 2010
    Posted at: 3:14 pm

    Hi ONKAR, hold it with a traling SL at 5050 as of now

    Hi skmishra, yes, keep a trailng SL at 5050

    Hi AT, most welcome


  16. RSKM Says:
    June 7th, 2010
    Posted at: 3:14 pm

    Hi Kartik, Shall I buy TISCO & SEL with two mons tgt... Pls advice.

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