Quotes with Resistance & Support
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Intraday calls for 07-06-11

Posted on: June 7th, 2011 at 8:28 am

Markets likely to open lower. Support for nifty is at 5480.

Sell Aurobindo Pharma around 173.50, Target: 168, SL 178 (sl triggered)

2.15pm – buy havells at 426, target: 438-440. Stoploss: 415. (1-2 day hold) trade in small quantity

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514 Responses

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  1. Nisha mehta Says:
    June 8th, 2011
    Posted at: 12:56 am

    Hi sanjeev, can see 184-184.50


  2. GODSE Says:
    June 8th, 2011
    Posted at: 1:03 am

    Hi sanjeev, auro :asper stocha...in buy mode
    tgt 184,187,192


  3. sanjeev Says:
    June 8th, 2011
    Posted at: 1:04 am

    thanks Nisha, advise also on delta corp on chart there is hammer and then creat bulish engulfing pattern, rsi and macd also shows uptrend so what can be target for next trading session


  4. CB Says:
    June 8th, 2011
    Posted at: 1:07 am

    Hi Anil, Good night

    Hi YASH, hold it for now. can head upto 1075. keep sl near 1037

    Hi praji, apollo tyres if trades above 72.50 for some time, can head upto 77. mrpl can see 84 in short term

    Hi Avinash, yes, with open offer at a lower level, stock can see some downside. don't short ktk yet. has good support at 118-120

    Hi sanjeev, can test 184 if markets remain positive. overall its in a downtend.


  5. sanjeev Says:
    June 8th, 2011
    Posted at: 1:12 am

    hi godse thanks, sesagoa is also showing uptrend rsi, macd stockrsi on candlestic charts it is somewhat piercing pattern is it buy worth or wait for some more signal


  6. sanjeev Says:
    June 8th, 2011
    Posted at: 1:13 am

    hi cb gm


  7. sanjeev Says:
    June 8th, 2011
    Posted at: 1:15 am

    hi cb advise on above rsi and macd in oversold teritory


  8. CB Says:
    June 8th, 2011
    Posted at: 2:08 am

    Hi sanjeev, Good morning. if RSI is below 30, then it means a stock is oversold. to trade such stocks, enter stocks with RSI rising above 30. this indicates stock is seeing some buying interest. you can get the list here: http://nseguide.com/oversold.php . not all stocks can be bought. look at other good supports too like double bottom, long term supports, dma's . for details on MACD, please visit: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_average_conve


  9. GODSE Says:
    June 8th, 2011
    Posted at: 2:15 am

    Hi sanjeev, sesa :ok allindicators show uptrend
    good market cap ...orderbook ,short term 1-2 months hold


  10. Avinash Says:
    June 8th, 2011
    Posted at: 3:24 am

    ok, thanks again CB. you are doing a online Stock market charity for the betterment of newbies n veterans alike. :)

    with the divident date nearing, is it safe to buy ktk on dip?
    also req ur advice on suntv...i heard on the news that there will be protest about suntv's monopoly ...sumthing like that.


  11. pankaj Says:
    June 8th, 2011
    Posted at: 7:55 am

    gm. how do polaris look for intraday?? if advisable to buy pls specity probable tgt for today. thanx


  12. ramaswamy Says:
    June 8th, 2011
    Posted at: 8:25 am

    gm cb sir
    sir iam still holding ster future @171 plse u advice


  13. Nisha mehta Says:
    June 8th, 2011
    Posted at: 8:26 am

    intraday calls for today

    Buy strictly only if NIFTY moves only in Positive Direction......
    Buy InfosysTch above 2846 sl 2803 tgt 2889 2931

    Sell strictly only if NIFTY moves only in Negative Direction......
    Sell Gail below 431 sl 437 tgt 424 418


  14. Nisha mehta Says:
    June 8th, 2011
    Posted at: 8:28 am

    Hi ramaswamy, hold it can see some up move toda if market manage to trade strong .........

    Hi pankaj, dont enter it yet wait for some time it looks weak . if u want to trade inraday see my above post


  15. Kartik Says:
    June 8th, 2011
    Posted at: 8:32 am

    Hi Avinash, avoid Suntv, ktk can be entered for Short term as of now

    Hi pankaj, yes, can see 194, keep a SL at 188

    Hi ramaswamy, strong support at 160, hold it for some more time

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