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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Comment pages: 67891011121314Show all

  1. CB Says:
    June 7th, 2010
    Posted at: 9:20 am

    Hi Gtanjali, you too. have a good day

    Hi Vijay, its looking weak as of now. hold it for now. exit on some bounce

    Hi rashid, no, dont go long yet.


  2. Milu Says:
    June 7th, 2010
    Posted at: 9:21 am

    Ok thanks CB, also Hindustan Unilever, planning a buy back, can u tel me the price of the buy back.
    Thanks


  3. CB Says:
    June 7th, 2010
    Posted at: 9:21 am

    Hi Trader, some more downside is likely. lets see. dow futures is down another 100 points and also nifty not seeing much of recovery after opening.


  4. raj Says:
    June 7th, 2010
    Posted at: 9:22 am

    What levels i can average jindal saw i purchased 1.5k shares @ 196....


  5. CB Says:
    June 7th, 2010
    Posted at: 9:22 am

    Hi Milu, most welcome.. price of the buy back is not yet fixed..


  6. rashid Says:
    June 7th, 2010
    Posted at: 9:23 am

    he might have given this call of expecting oil companies surge


  7. Kranthi Says:
    June 7th, 2010
    Posted at: 9:23 am

    CB Sir,
    Good Morning!

    Shall I enter SYNCOM @ 42.40


  8. CB Says:
    June 7th, 2010
    Posted at: 9:24 am

    Hi raj, around 178-180

    Hi rashid, yes. omc's may see good upmove since crude prices are coming down.


  9. Milu Says:
    June 7th, 2010
    Posted at: 9:24 am

    Ok, so usually any upmove expected in the share following the buy back?
    As u have also adviced to buy Hindustan Unilever.
    Thanks


  10. raj Says:
    June 7th, 2010
    Posted at: 9:24 am

    Can i sell tata steel


  11. shiva Says:
    June 7th, 2010
    Posted at: 9:25 am

    exit zeel around 293 or wait for more upmove?


  12. Pardhasaradhi Says:
    June 7th, 2010
    Posted at: 9:25 am

    Hi CB, Good Morning,


    How is PowerGrid today, holding the same at 105.50. thanks in advance


  13. kiru Says:
    June 7th, 2010
    Posted at: 9:25 am

    I have 4 lots of Rcom150 PA at Rs 5 now it is rs 1.95.Can i hold till expiry to come out without any loss.


  14. ask Says:
    June 7th, 2010
    Posted at: 9:26 am

    Hi CB, I bought fortis healthcare at 164.
    Now the price is 138.
    Should i buy at this price to average it or should i invest in other stock?

    If other stock, can u please suggest for short term?

    Please advise.


  15. CB Says:
    June 7th, 2010
    Posted at: 9:26 am

    Hi Kranthi, yes, one can enter in small quantity

    Hi Milu, its more of a technical call. yes, if buy back is at a higher rate, it will see good upmove.

    Hi raj, yes, keep sl at 475


  16. abhijith Says:
    June 7th, 2010
    Posted at: 9:27 am

    Hiii CB. Pls suggest the downside target for CHAMBAL FERT for today

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