Intraday calls for 07-06-11

Quotes with Resistance & Support

Market Information

Intraday calls for 07-06-11

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

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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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vijayk Says:
June 7th, 2011
Posted at: 3:18 pm
for Renuka shd I carry over or close it...bought @1.3 now @2.1..bought 2 lots
VVR Says:
June 7th, 2011
Posted at: 3:18 pm
is the trend reversing. is the markets gonna go up??
CB Says:
June 7th, 2011
Posted at: 3:19 pm
Hi vijayk, yes. hold it till tomorrow
Hi VVR, strong resistance at 5580-5600 levels. not sure if will cross it or not.
bharat Says:
June 7th, 2011
Posted at: 3:21 pm
I buy suzlon for 91.00 should I hold ??
himanshu Says:
June 7th, 2011
Posted at: 3:22 pm
cb
Can i expect rcom 100 ce cheaper tomorrow or today is the right time to buy??
CB Says:
June 7th, 2011
Posted at: 3:23 pm
Hi bharat, yes. fundamentally its a sound comapny. hold it for some more time
Hi himanshu, lets wait till tomorrow morning to enter it. as of now seems may remain flat from here today
bharat Says:
June 7th, 2011
Posted at: 3:25 pm
Thanx CB...how long should I hold suzlon??
himanshu Says:
June 7th, 2011
Posted at: 3:26 pm
ok.. Thnx cb...
CB Says:
June 7th, 2011
Posted at: 3:26 pm
Hi bharat, keep it for 4-5 months time frame
Hi himanshu, most welcme.
bharat Says:
June 7th, 2011
Posted at: 3:27 pm
oh.. can it go above 92 this week...
Lalith Says:
June 7th, 2011
Posted at: 3:28 pm
CB, Arbitrage is normally allowed to the retail customers However i was wondering if we can do it still if we have shares in our DP.... for e.g., if i already own 100 shares of X in my DP at some price, and today i buy 100 shares of x from BSE at rs 100 and same time sell it on NSE at rs 102 my profit will be rs2... coz normally if we dnt hold the shares and do the arbitrage as above short notice will be sent from NSE as in this case..... please throw some light on this ??
CB Says:
June 7th, 2011
Posted at: 3:28 pm
Hi bharat, no. 91 next week seems unlikely on suzlon
CB Says:
June 7th, 2011
Posted at: 3:29 pm
Hi Lalith, yes. its legal in India. guess only karvy allows it.
suzane Says:
June 7th, 2011
Posted at: 3:29 pm
Hi CB, what target u suggest in ZEEL tommorow ?? Can it show 152-155 by tommorow ?
CB Says:
June 7th, 2011
Posted at: 3:30 pm
Hi suzane, yes. can add another 3-4rs.
GODSE Says:
June 7th, 2011
Posted at: 3:30 pm
Hi CB, yaar same res pe attak jaarahahai, hope some strong news may move it