Quotes with Resistance & Support
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Intraday calls for 09-06-10

Posted on: June 9th, 2010 at 8:21 am

Markets likely to see a flat opening. Support for nifty is at 4950 and resistance at 5000.

If markets show recovery later during the day, buy: Prakash Industries.

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634 Responses

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Comment pages: 282930313233343536Show all

  1. akhil Says:
    June 9th, 2010
    Posted at: 2:57 pm

    hi,i have essaroil 130ca as a trade?


  2. Kartik Says:
    June 9th, 2010
    Posted at: 2:57 pm

    Hi Anurag, enter below 4980

    Hi akila, hold it till tomorrow


  3. Kartik Says:
    June 9th, 2010
    Posted at: 2:57 pm

    Hi Manasa, it shall perform well in the Long run, hold it


  4. paresh doshi Says:
    June 9th, 2010
    Posted at: 2:57 pm

    hi cb,any suggestions on parsvnath,welspun gujarat and rnrl?


  5. Manasa Says:
    June 9th, 2010
    Posted at: 2:58 pm

    Hi,
    Bought ABAN Offshore @ 750 and Now its @ 640...


    Could you please let me know how to proceed further.. ?


  6. DS Says:
    June 9th, 2010
    Posted at: 2:59 pm

    Dear Kartik,

    Shd i hold onto my Mphasis short at 555?


  7. KMines Says:
    June 9th, 2010
    Posted at: 2:59 pm

    Thanks Kartik. i will not enter ABAN now,
    but which level shall i keep in mind to buy aban?
    cmp 648


  8. Anurag Says:
    June 9th, 2010
    Posted at: 2:59 pm

    Thanks Karthik.. this was a question from Vishal as he is offline and asked me to check with you


  9. Manasa Says:
    June 9th, 2010
    Posted at: 2:59 pm

    Thank You Karthik.. will try to Hold FCS Soft for Long term..


  10. HSK Says:
    June 9th, 2010
    Posted at: 2:59 pm

    Buy JP Asso @ cmp ?


  11. MC Says:
    June 9th, 2010
    Posted at: 2:59 pm

    THANKS CB


  12. Kartik Says:
    June 9th, 2010
    Posted at: 3:00 pm

    Hi Kb, if with the decrease in open interst the price also goes down then its facing some selling pressure, if with the decrease in open interest the price remains the same then, it means traders are shy to buy it and think that we might see some more downside

    Hi paresh doshi, parsvnath,welspun gujarat can be entered for Long term on dips


  13. Kartik Says:
    June 9th, 2010
    Posted at: 3:02 pm

    Hi Manasa, try holding it for 2-3 months time, its likely to see some recovery

    Hi MC, most welcome

    Hi HSK, wait for Markets to settle for another 2-3 days time

    Hi Manasa, most welcome, its a good bet for Long term and shall do well

    Hi Anurag, oh :)

    Hi DS, yes, hold till tomorrow


  14. sanzy Says:
    June 9th, 2010
    Posted at: 3:02 pm

    i have 5100CE at 47...what should i do...


  15. Adhi Says:
    June 9th, 2010
    Posted at: 3:02 pm

    Hi Karthik ,

    Shall I enter in Tata steel Fut @ CMP ? What should I do on it Buy or Sell ?


  16. Anurag Says:
    June 9th, 2010
    Posted at: 3:02 pm

    Do you see any upside in next 30 min.. as I have NIFTY @ 4980 for Intraday

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