Quotes with Resistance & Support
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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: 293031323334353637Show all

  1. Akash Says:
    June 8th, 2010
    Posted at: 8:16 pm

    Hi Kartik / CB, I also saw that MRF went 100+ Rs. up today. Can we expect same or may be more tomorrow.. If so then shud I do intraday in this tomorrow?


  2. pankaj Says:
    June 8th, 2010
    Posted at: 8:37 pm

    its another day of sea of red if we see European & US markets at the moment, whts ur take cb / Kartik for Indian markets for tomorrow?? thanx.


  3. arun bj Says:
    June 8th, 2010
    Posted at: 8:42 pm

    hi kartik good evening .... how is looks technically well pack papers ..... it crosses 52 week high today ....


  4. RK Says:
    June 8th, 2010
    Posted at: 8:49 pm

    Hi CB,

    Will the Ambani brother's news affect the market positively tomorrow or will the negative trend continue?


  5. Kb Says:
    June 8th, 2010
    Posted at: 8:52 pm

    > FM: Decision on fuel prices soon ....

    > The pound has fallen after a credit rating agency warned that the UK faced a "formidable" challenge to bring down its budget deficit. It fell 1% against the dollar ...


  6. prashant Says:
    June 8th, 2010
    Posted at: 8:56 pm

    Sirji can I invest in IVP for a month

    please suggest me, i would like to buy stocks tomorrow


  7. Kb Says:
    June 8th, 2010
    Posted at: 9:08 pm

    India can grow at 8.5% in FY11 despite Europe crisis: FM

    Oil hovers around $71, euro zone concerns weigh

    HCC in pact with Egypt's Orascom Construction >

    Hindustan Construction Co Ltd said on Tuesday its unit HCC Infrastructure Ltd (HIL) has partnered with Egypt's Orascom Construction Industries SAE to jointly bid for National Highways Authority of India (NHAI) projects


  8. Anurag Says:
    June 8th, 2010
    Posted at: 9:22 pm

    Hi All.. How is IndiaBulls for Trading Account? any feedback....


  9. KSK Says:
    June 8th, 2010
    Posted at: 9:25 pm

    CB advise me on sesa goa @348 and dlf @266 took it today.. will i get my price tomo atleast in 1 as i can hold one of them only..


  10. Kb Says:
    June 8th, 2010
    Posted at: 9:43 pm

    Hi S.MAHESH, Hmm .. ok reply 2 marrow .. good night .. :)


  11. Kartik Says:
    June 8th, 2010
    Posted at: 10:01 pm

    Hi Shipra, yes, its likely to see some recovery tomorrow

    Hi SHYLA, m dong fine, hope you too doing well, dont avg Jp Infra yet, wait for some more time as realty stocks might see some more downside

    Hi shahul, if possible hold it for 1-2 months time, it can do well

    Hi S.MAHESH, oh, Good night

    Hi ARIJIT, you may enter in small quantity if Markets see some recovery during the day

    Hi amit, keep a tight SL at 4950 and hold it till tomorrow

    Hi Akash, MRF and Jai Corp. can be a risky bet since Markets seem to trade weak as of now

    Hi pankaj, likely to trade flat tomorrow

    Hi arun bj, it looks strong, hold it for some more time

    Hi KSK, yes, its likely to see some upmove tomorrow

    Hi Kb, OI rose when the Markets suddently fell more than 50 points in Intraday, that was the time when the traders booked profits and then again bought the O/I down

    Hi RK, not likely to have a major impact on Markets

    Hi Anurag, never tried them out, Ventura and Religare are also good ones

    Hi prashant, no, dont enter it yet, wait for some time


  12. Pradeep Says:
    June 8th, 2010
    Posted at: 10:10 pm

    Hi Kartik,

    How much upmove you see in Vijaya Bank and UCO bank,

    I am already holding CA 65 of Vijaya bank. Once it crosses 65-66. CAn I enter a Put on it. Similarly at wat price can I enter a put of UCO.
    I some were read that there is a possibility of rate hike by RBi this month. Will tat be -ve for bank stocks?


  13. Anurag Says:
    June 8th, 2010
    Posted at: 10:14 pm

    Thanks Karthik.. can we see 4950 tomorrow... shall I cover my SHORT around 4950 or hold for sm time


  14. Nee Says:
    June 8th, 2010
    Posted at: 10:19 pm

    hi kartik, can we invt some amount in apollo tyre at cmp wt wd be tgt for it.


  15. Kb Says:
    June 8th, 2010
    Posted at: 10:19 pm

    Hi Kartik, if possible give me some thing to read about PE/ CE open interest changes during bull & bear . .


  16. suzane Says:
    June 8th, 2010
    Posted at: 10:21 pm

    Hi Kartik, i want to buy a stock for 4-5 day.. Which one is best ??
    TVS-SRICHKRA or SUZLON ??

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