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Quotes with Resistance & Support

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Intraday calls for 08-06-10

Posted on: June 8th, 2010 at 8:23 am

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Markets likely to see a flat opening. Support for nifty is at 5000.

Buy Sesa Goa Ltd at 347.35, target: 358. Stoploss: 340. – (continue to hold it for 1-2 days if possible. is near strong support levels and a good bounce is likely soon)

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576 Responses

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Kartik Says:
June 8th, 2010
Posted at: 3:00 pm
Hi Pradeep, hold onto it for now.
Hi Akash, yes,some selling pressure coming in
Hi ARIJIT, yes. hold it.
Kartik Says:
June 8th, 2010
Posted at: 3:00 pm
Hi Deepak7791, most welcome
Hi S.MAHESH, :) great!
Aman Says:
June 8th, 2010
Posted at: 3:01 pm
sir what to do with SESAGOA..
Soumitra Says:
June 8th, 2010
Posted at: 3:02 pm
bought tata steel @450 and dlf@255.. Are they good bet?
Kartik Says:
June 8th, 2010
Posted at: 3:03 pm
Hi Shipra, hold them. can bounce back to 355. ioc will do well once crude oil starts to turn weak
Hi Aman, hold it for 1-2 days. likely to see some bounce from here.
Hi Soumitra, yes, for med term they are looking good.
Brahan Says:
June 8th, 2010
Posted at: 3:04 pm
Hi Karthik, Thanks for yr advice yesterday to keep 5100 put can i book profit or hold it another a day or two pl. advice
Kartik Says:
June 8th, 2010
Posted at: 3:04 pm
Hi Brahan, most welcome. as of now continue to hold it.
Vishal Says:
June 8th, 2010
Posted at: 3:06 pm
Hi CB, When is the ex bonus date for Sterlite ?
Shipra Says:
June 8th, 2010
Posted at: 3:06 pm
ok kartik...thnx a lot...wil try to hold lot of sesa goa...
for ioc ok...it wll rise wen crude oil will turn week....but
kartik plz tell by when excatly will this happen?
is it iexpected by this frday plz?
Kartik Says:
June 8th, 2010
Posted at: 3:06 pm
Hi Vishal, no, not sure about it..
Kartik Says:
June 8th, 2010
Posted at: 3:07 pm
Hi Shipra, ok. yes, crude is likely to come down a bit. also govt planning to hike petrol prices in near future
suhas Says:
June 8th, 2010
Posted at: 3:08 pm
kartik
Already i have booked the profit at peak of the day that is at 104 for 4900 put. shell i enter again?
Kartik Says:
June 8th, 2010
Posted at: 3:09 pm
Hi suhas, lets wait till tomorrow.
tanu Says:
June 8th, 2010
Posted at: 3:09 pm
Hi Kartik,
what to do with vijaya bank and maruti...hold..can we see some kind of bounce back 2morrow?
Kartik Says:
June 8th, 2010
Posted at: 3:09 pm
Hi S.MAHESH, :)
Shipra Says:
June 8th, 2010
Posted at: 3:09 pm
ok sry to ask u ...
that is it that when crude oil falls petrol price hikes...
and also if petrol price rises oil stock rises...
am i correct?