Quotes with Resistance & Support
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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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Comment pages: 293031323334353637Show all

  1. Avis Says:
    June 10th, 2010
    Posted at: 6:36 pm

    Hi cb
    how tcs looking for tmrows intraday
    any upmove expected


  2. Kartik Says:
    June 10th, 2010
    Posted at: 6:42 pm

    Hi shiva, hold it with a SL at 22.10

    Hi kumaran, dont enter it for Short term yet, wait for some time

    Hi ac, since it closed down today, likely some selling pressure

    Hi Nascar, hold it for some more time, it shall do well

    Hi dak, it was expected to give a small bounce in Intraday, but saw some selling pressure

    Hi bharani, we see to face some support around 5000 levels, hold it for some more time as of now

    Hi Anurag, oh, yes, we might see some selling pressure, hold it for some more time

    Hi vijay, you may buy some of Mcleod Russel, IFCI and Unitech for Long term on dips, in Penny stocks you may buy some of Neo Corp and Indo Bonito

    Hi Akash, thanks, Deccan Gold Mines Ltd is a weak bet fundamentally, it has been posting losses for the last 3-4 years time, dont enter it for Mid term

    Hi smh, some support at its 50 DMA of 9468


  3. Kartik Says:
    June 10th, 2010
    Posted at: 6:43 pm

    Hi Roze, they can add 4-5% if Markets trade strong, since they are more of Market movers

    Hi Avis, it can see around 765 tomorrow


  4. Akash Says:
    June 10th, 2010
    Posted at: 6:51 pm

    Hi Kartik, Thanks. Bcoz there are only limited companies which are into Gold Mining, and Deccan Gold is one if them so I was expecting big big return in Deccan Gold in 2 years or more term. Another one is Shirpur Gold (AGEEGOLD). It is hitting 5% UC for last 3-4 days. Is it good buy in Gold Mine Sector and can be next Jai Corp?

    I also spoke with my RM in IndiaBulls, he told me that auctions shares will be sold only 4th day and I think tomorrow it is 4th day. He also told me to get back with more information.. Let's see


  5. Kb Says:
    June 10th, 2010
    Posted at: 6:58 pm

    eyy guyss .. do u remember ?? i have pointed the unwinding of CE in the morning .. See the result ??

    hahha .. im happy ..


  6. S.MAHESH Says:
    June 10th, 2010
    Posted at: 7:02 pm

    Hi smh,
    GE,
    DATE 6/10/2010 BANKNIFTY Close 9,346.450 Yest Close 9,238.200

    PP: 9,309.750

    Sell Below: 9,263.201

    Stop Loss for Short: 9,309.750

    Buy Above: 9,333.024

    Stop Loss for Buy: 9,279.959

    R: 9,404.150 , 9,461.851 , 9,519.551

    S: 9,252.050 , 9,157.649 , 9,099.949


  7. Kartik Says:
    June 10th, 2010
    Posted at: 7:04 pm

    Hi Akash, tough the company is running into losses, there are chances that it might start posting profits, but it might require some, time, shares are sent of auction if you short sold them (usally send on the 3rd day), I guess you might have sold your stocks on 1st of June


  8. srinivasan Says:
    June 10th, 2010
    Posted at: 7:12 pm

    hi dear karthik
    can i enter right time in SEL Manufacturing or tata steel?


  9. Akash Says:
    June 10th, 2010
    Posted at: 7:13 pm

    Hi Kartik, MY RM was aso telling the same but actually I bought shares and not sold. I bought around 117 and then it went on auctions so not sure exactly what happend.. I am also clueless for remaining 143 shares.. If they squared off around 118 or more tomorrow, I think that will be good for me.. Let's see.. At the end, I shud have min 143 IFB IND and 20 GMDC/Central bank and 55 Unitech..


  10. LEO Says:
    June 10th, 2010
    Posted at: 7:20 pm

    Hi Kartik / Cb,

    What a gap up opening for dow ... Any hopeful msg for nifty tomorrow


  11. pankaj Says:
    June 10th, 2010
    Posted at: 7:29 pm

    hi kb, u mean unwinding of PE i guess!


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

    Hi Kartik,

    How is Berger Paints to buy


  13. pankaj Says:
    June 10th, 2010
    Posted at: 7:31 pm

    hi CB / kartik, wht levels can be expected in nifty tomorrow, n what resistance of nifty u see we can short on ?? thanx.


  14. Mrs Kiran S Says:
    June 10th, 2010
    Posted at: 7:41 pm

    Was it a dead cat bounce today.? Looks like there was no genuine buying today just short covering. Can we go to 5000 levels and below on Nifty Tomo/monday?


  15. tanu Says:
    June 10th, 2010
    Posted at: 7:46 pm

    hi kartik,
    What's the target for maruti 2morrow?
    Thanx :)


  16. deeps Says:
    June 10th, 2010
    Posted at: 7:50 pm

    i have 300 tcs at rs. 887 so now what to do ? hold or exit at this level ? pls reply me

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