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Intraday calls for 10-06-10

Posted on: June 10th, 2010 at 8:23 am

Markets likely to see a flat opening. Support for nifty is at 4970 and resistance at 5060.

On Intraday diips buy Strides Arcolab Ltd with stoploss at 355 and Shree Ashtavinayak Cine Vision Ltd with stoploss at 11.70

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592 Responses

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  1. S.MAHESH Says:
    June 10th, 2010
    Posted at: 12:19 pm

    KSOILS oversold RSI - 18.331


  2. Kb Says:
    June 10th, 2010
    Posted at: 12:21 pm

    Hi ARIJIT, Hmm .. its showing short covering ..


  3. S.MAHESH Says:
    June 10th, 2010
    Posted at: 12:22 pm

    KSOILS

    - 5 day RSI: 7 - oversold.
    - 14 day RSI: 18 - oversold.
    - Volume: 827000 .... 5 day av vol: 913000
    - Williams % R(14): 5 (summation factor 100)
    - Average Directional Index ADX: 42
    - Average True Range: ATR(5) 2 - ATR(20) 2


  4. Kb Says:
    June 10th, 2010
    Posted at: 12:24 pm

    Hi Gitanjali, Hmm .. sorry ya. . Not fully sure ..

    Its looking good above 43 ..

    hope Cb helps you ...


  5. Gitanjali Says:
    June 10th, 2010
    Posted at: 12:25 pm

    Hi WINNER, ...Thanks a lot .


  6. Vishal Says:
    June 10th, 2010
    Posted at: 12:27 pm

    Thanks Mahesh.. will it effect our NIFTY as well... any idea in points down for NIFTY


  7. Lata Says:
    June 10th, 2010
    Posted at: 12:30 pm

    hi SM, please can you guide me regarding bajaj holdings, i bot it on 737 and now it is too down, why so... its expected target was 760 for today....any specific reason for its decline...


  8. kumar Says:
    June 10th, 2010
    Posted at: 12:30 pm

    HI Mahesh, pls tel me ur view of hcltech today?


  9. dhiva Says:
    June 10th, 2010
    Posted at: 12:31 pm

    hi,
    i bought jpassociates before 10 days.but now, it is same price.either it is possible for shortterm or longterm


  10. ARIJIT Says:
    June 10th, 2010
    Posted at: 12:34 pm

    Hi S.MAHESH,
    UR VIEW ON DLF PLS, CAN I SHORT IT?


  11. WINNER Says:
    June 10th, 2010
    Posted at: 12:35 pm

    EUROPE AGAIN IN RED.......... BE CAUTIOUS


  12. ac Says:
    June 10th, 2010
    Posted at: 12:35 pm

    HI HOW HAS EUROPE OPENED?


  13. AT Says:
    June 10th, 2010
    Posted at: 12:43 pm

    Hi CB/Kartik,

    Can i buy PE 5000 @ cmp? as europe opens in red


  14. S.MAHESH Says:
    June 10th, 2010
    Posted at: 12:43 pm

    Hi Vishal,
    Sorry was on phone,
    I am bullish on nifty as long as it do not brake n closes below 4860 , in between market will dance up n down due to global cue etc,not to worry till it brakes the said level.


  15. stalin Says:
    June 10th, 2010
    Posted at: 12:48 pm

    hai frndz so how wil the markets move from now...wil it go down


  16. Rohit Says:
    June 10th, 2010
    Posted at: 12:50 pm

    Hi,

    Can we look at shorting Educomp and Rel Capital today?

    Thanks.

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