Quotes with Resistance & Support
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Intraday calls for 08-06-12

Posted on: June 8th, 2012 at 8:28 am

Markets likely to open flat. Support for nifty is at 5000 and resistance at 5065

Buy Bhushan Steel at 451-453, target: 462. Stoploss: 446 – (Continue to hold Bhushan steel till Monday)

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690 Responses

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  1. CB Says:
    June 8th, 2012
    Posted at: 5:51 pm

    Hi ansh, oh ok. thanks for the update.

    Hi amol, yes, there was news of "India allows FDI from Pak to strengthen ties"

    Hi gaps, yes, can add some on monday.timken can head upto 212

    Hi SAI, yes, can look to add one more on rise. strong resistance near 5120-5150 . can expect to see some profit booking here.


  2. Robotguy Says:
    June 8th, 2012
    Posted at: 5:56 pm

    Hi SAI, Dont worry we will cover the losses someday... Today most of us must have incurred losses as no one expected the market to go up like this... It zoomed within a matter of mins.. I hv also incurred losses in put today.


  3. Robotguy Says:
    June 8th, 2012
    Posted at: 6:06 pm

    Hi CB, Bye to you and all at NSEGUIDE..


  4. CB Says:
    June 8th, 2012
    Posted at: 6:16 pm

    Hi Robotguy, have a good weekend.

    Hi amol, I understand. not really sure how this would help the economy.


  5. Kb Trader Says:
    June 8th, 2012
    Posted at: 6:22 pm

    Hi CB, wht u understands budd .. . :))


  6. Kb Trader Says:
    June 8th, 2012
    Posted at: 6:26 pm

    Hi CB,it was a wild move today.. was not able to track .. oops .. but made some money in shorts ;DD


  7. vishal Says:
    June 8th, 2012
    Posted at: 6:38 pm

    hi i am short in jet airways 1 lot @331 and 3 lots short in bank nifty @9600, will i get my price back in both stocks, thanks.


  8. CB Says:
    June 8th, 2012
    Posted at: 7:01 pm

    Hi Kb Trader, :) ill email

    Hi vishal, jet has resistance at 365 levels.hold it for now. also will need to avg bank nifty nifty short in next 1-2 days. can enter couple of 5100ce's to hedge for now


  9. ashok Says:
    June 8th, 2012
    Posted at: 7:24 pm

    Hi cb,
    on your guide today i get some profit on 5100 ce..
    Thanks to


  10. ashok Says:
    June 8th, 2012
    Posted at: 7:30 pm

    Hi CB,
    Give me one stock option tips With good reasonable profit..


  11. Kb Trader Says:
    June 8th, 2012
    Posted at: 7:46 pm

    Hi CB, hmm. . :)


  12. mukul Says:
    June 8th, 2012
    Posted at: 7:47 pm

    Hi CB,
    Holding Maruti future @ 1130 and REC future @ 170 for monday..please suggest...I can hold them for a week...


  13. ramsingh Says:
    June 8th, 2012
    Posted at: 7:48 pm

    Hi CB!
    Today i fear so sell Lanco 13.00 level after that again i buy at 13.30 level so suggest me what is the monday target price.


  14. nv Says:
    June 8th, 2012
    Posted at: 8:30 pm

    Sir, I am holding nifty shorts ..did not square off ...in danger of huge losses .

    Cannot understand the Euro Zone ...people just forget it for a while and it starts resurfacing after a week or two.

    Are people really selling stocks in fear of euro zone (Greece Exit) or just creating shorts and covering them whenever some good news emanates from the region.


  15. CB Says:
    June 8th, 2012
    Posted at: 8:30 pm

    Hi ashok, most welcome. as of now no new call. looking for some. shall advice soon

    Hi Kb Trader, :)

    Hi mukul, these are a hold. maruti can test 1155. rec above 171 can see 175


  16. CB Says:
    June 8th, 2012
    Posted at: 8:31 pm

    Hi ramsingh, ok. it does look a bit better. can test 14.50-15

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