Quotes with Resistance & Support
Market Information

Intraday calls for 08-06-10

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

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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Comment pages: 272829303132333435Show all

  1. Trader Says:
    June 8th, 2010
    Posted at: 3:09 pm

    hi katik,
    can nifty go below 4980 again today


  2. Kartik Says:
    June 8th, 2010
    Posted at: 3:10 pm

    Hi tanu, yes, they are a hold..

    Hi Shipra, no. when crude rises petrol price hikes sicne they get it at a higher cost.


  3. rashid Says:
    June 8th, 2010
    Posted at: 3:10 pm

    can we expect a bounce on nifty tommorow


  4. Kartik Says:
    June 8th, 2010
    Posted at: 3:11 pm

    Hi gopal, yes, hold it. should see some bounce in couple of days

    Hi Trader, seems a bit unlikely today

    Hi rashid, yes, maybe a small one.


  5. Shipra Says:
    June 8th, 2010
    Posted at: 3:12 pm

    ok kartik...but above u said that crude is likely to come down a bit..
    so that means its negative or positive for IOC..or what?
    sry to bug u...but dnt have tthis knowledge?


  6. Joseph Says:
    June 8th, 2010
    Posted at: 3:12 pm

    Hi Kartik, can i buy Sesa Goa for a week?


  7. Kartik Says:
    June 8th, 2010
    Posted at: 3:12 pm

    Hi Shipra, crude coming down is good for omc's


  8. gopal Says:
    June 8th, 2010
    Posted at: 3:12 pm

    Thanks Kartik i hold it


  9. Deepesh Mathew Says:
    June 8th, 2010
    Posted at: 3:13 pm

    SESAGOA : The past one year history shows that the stock has bounced back not letting the investors wait for long. I would say we can see the prices raising today or by tomorrow.


  10. vindi Says:
    June 8th, 2010
    Posted at: 3:13 pm

    can u tell the the bottoms for ballarpur industries


  11. dak Says:
    June 8th, 2010
    Posted at: 3:13 pm

    KArtik - will reliance fall further from here?


  12. Karthik Says:
    June 8th, 2010
    Posted at: 3:13 pm

    Can i Book marginal profit in 4900PE...or wait...what is the nifty support below 4980


  13. Shipra Says:
    June 8th, 2010
    Posted at: 3:14 pm

    ok kartik...thanks a lot...for the explanation...:)


  14. Kartik Says:
    June 8th, 2010
    Posted at: 3:14 pm

    Hi gopal, ok thanks

    Hi Deepesh Mathew, yes..

    Hi vindi, some support near 27


  15. Kartik Says:
    June 8th, 2010
    Posted at: 3:14 pm

    Hi Joseph, yes, looks good.

    Hi Shipra, most welcome..


  16. Kartik Says:
    June 8th, 2010
    Posted at: 3:15 pm

    Hi Karthik, yes, lets book for now.

    Hi dak, strong support near 970-980

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