Quotes with Resistance & Support
Market Information

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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Comment pages: 252627282930313233Show all

  1. himanshu Says:
    June 7th, 2011
    Posted at: 7:32 pm

    hey kartik
    Us markets moving upwards
    Wats ur view on nifty tomorrow??


  2. CB Says:
    June 7th, 2011
    Posted at: 7:36 pm

    Hi himanshu, no don't enter it yet. has strong resistance at 585

    Hi naresh, would advice to hedge it with a 180 put for now. if markets do remain positive, it can head back higher to 195 levels.. has good support at 183-185 levels.

    Hi himanshu, yes, seems may open a bit higher.


  3. naresh Says:
    June 7th, 2011
    Posted at: 7:41 pm

    thanks CB, will buy 180PE :)


  4. Anil Says:
    June 7th, 2011
    Posted at: 8:23 pm

    GE CB,

    Can we enter Havells tomorrow if it opened below 430?


  5. ARIJIT Says:
    June 7th, 2011
    Posted at: 8:46 pm

    Hi CB,
    can i buy SBI tomorrow for intraday or for 2-3 days?


  6. palanivel Says:
    June 7th, 2011
    Posted at: 8:56 pm

    HI CB SIR,GE TATASTEEL UP SIDE AND DOWN SIDE SUPPORT,HDIL.ONGC, CAN ENTER CE
    THIS LEVEL CB SIR.NIFTY STRONG DOWN SIDE SUPPORT PLEASE CB SIR.NIFTY BARISH MODE BULLISH MODE THIS WEEK PLEASE ADVICE CB SIR.I AM WAITING FOR VALUABLE ADVICE PLEASE.


  7. himanshu Says:
    June 7th, 2011
    Posted at: 8:57 pm

    hey kartik.. what is the strategy for tomorrow to trade in nifty??


  8. suru Says:
    June 7th, 2011
    Posted at: 9:14 pm

    hi cb
    next target for delta corp and karuthuri globle- short term??


  9. cvrprakash Says:
    June 7th, 2011
    Posted at: 9:22 pm

    Hi CB,

    What the range you are predicting the market for this week?
    If Market shows some upmove tomorrow, can I buy any Nifty PA @ low levels?
    Keeping any high resistance as SL?
    Kindly give me a call on this Sir.
    Thanks.


  10. Kartik Says:
    June 7th, 2011
    Posted at: 9:38 pm

    Hi Anil, yes, looks good

    Hi ARIJIT, can be entered with a SL at 2295

    Hi palanivel, strong support at 5480, if we break this, we can see some more downside ahead, around 5450 levels, support for Tata steel at 560, HDIL.ONGC are likely to see some consolidation ahead, ONGC can be entered above 282


  11. Kartik Says:
    June 7th, 2011
    Posted at: 9:40 pm

    Hi himanshu, you may go long if we manage to open flat, with a SL at 5530

    Hi cvrprakash, dont enter PE's yet, we look in a breakeven zone, enter PE if we manage to break 5480

    Hi test, Yes, Markets too have been trading in a narrow range lately, continue to hold them for some more time, if we manage to cross 5610, they can do well


  12. nda Says:
    June 7th, 2011
    Posted at: 10:11 pm

    Hi good evening boss. 2moro I short Wockhardt, bajaj fin serv, Tata steel & Apollo tyre. How do you say ? sirrrrrrrrrrrrrrrrrrrrrrrrrr.


  13. suru Says:
    June 7th, 2011
    Posted at: 10:18 pm

    hi kartik
    next target for delta corp and karuthuri globle- short term??


  14. Kartik Says:
    June 7th, 2011
    Posted at: 10:20 pm

    Hi test, hmm, shall chk the logs and let you know the delivery report, book around 30 in Tata motors

    Hi nda, Wockhardt can be gone go short below 278, dont go short on the rest yet


  15. Kartik Says:
    June 7th, 2011
    Posted at: 10:22 pm

    Hi suru, Delta around 105, KGL 15


  16. Anil Says:
    June 7th, 2011
    Posted at: 10:27 pm

    Hi Kartik, Thanks. Holding ICICI 1000 PE. Hold or book loss (50%)

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