Quotes with Resistance & Support
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Intraday calls for 10-06-11

Posted on: June 10th, 2011 at 8:31 am

Markets likely to open flat, Nifty has support at 5490 and resistance at 5610

Buy Idea at 72, Target: 75, SL 70

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650 Responses

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  1. himanshu Says:
    June 10th, 2011
    Posted at: 6:36 pm

    hey kartik..
    is any more weakness in market or nifty still can touch some deeper levels ie 5400
    how should v trade in nifty on monday?

    and techm touches high of 795 today.. should i buy it??


  2. richa Says:
    June 10th, 2011
    Posted at: 6:38 pm

    Hi MBA tejas gupta,
    i m holding [email protected] u think i can recover my losses?
    what do u think nifty for next week?
    thanks


  3. himanshu Says:
    June 10th, 2011
    Posted at: 6:49 pm

    also please tell me can i short lovable on monday on opening??


  4. Anil Says:
    June 10th, 2011
    Posted at: 6:49 pm

    GE,
    Holding 5600 CE 7 lots @ 57, 5400 PE 10 lots @ 58 and IDEA 1 lot @ 72.50.
    Pls advise stratagy for monday.. Already lost 50% of capital (100,000) since last 15 days. Hoping for recovery......


  5. Sunil Rao Says:
    June 10th, 2011
    Posted at: 6:49 pm

    Good Evening Kartik and all :)

    Hi shiva, That's a pair strategy and indicates, total of both options should reach the target or the SL. Enter and exit at the same time.

    Hi Das, Tatasteel looks weak below 570, hold PE with tight SL @ 573, can test 560. Lichs looks weak below 226, hold PE with tight SL @ 227, can test 220-221. Hold SBI ce with tight SL @ 2229.

    Hi Abdullah, Not sure as yet. Nifty looks weak below 5510 (closing basis) as of now.

    Hi GODSE, GE, No issues about the message :)


  6. GODSE Says:
    June 10th, 2011
    Posted at: 6:54 pm

    Hi MBA tejas gupta, ge ,teja just check it
    Vertex Securities


  7. CB Says:
    June 10th, 2011
    Posted at: 6:57 pm

    Hi richa, if nifty continues to trade below 5480 for some time, it can fall further. for now lets see how US markets close

    Hi Wahid, its a good bet for med/ long term bet.

    Hi SM, it has strong support at 540-545 levels. if manages to hold onto it, can see a good bounce from here. ril can see 990 in coming days.

    Hi naresh, Good evening.

    Hi himanshu, techmah looks good. one can enter it. nfity if trades below 5480 for some time on Monday, can fall further. Don't short loveable yet

    Hi Anil, yes. markets are not really tradable . hold longs for now. keep sl at today's low. its possible see some bounce on Monday. lets see how US markets close.

    Hi Sunil Rao, Good evening.


  8. Sunil Rao Says:
    June 10th, 2011
    Posted at: 6:58 pm

    Hi himanshu, Market looks weak below 5510. One can go short on rise below 5510 for targets of 5440, 5385. That was an opening flash on Techm at 795. Dont go long on it. You may go short on rise with sl @ 710, for target of 688-690


  9. Sunil Rao Says:
    June 10th, 2011
    Posted at: 7:01 pm

    Hi CB, Good Evening. :)


  10. Abdullah Says:
    June 10th, 2011
    Posted at: 7:03 pm

    Hi GODSE, Hi...

    Hi Sunil Rao, That was for intraday. I was looking at 5 min charts. Yes, overall the markets are weak...


  11. shiva Says:
    June 10th, 2011
    Posted at: 7:06 pm

    Hi Sunil Rao, by the way, where were you so many days? everything ok?


  12. Abdullah Says:
    June 10th, 2011
    Posted at: 7:07 pm

    Hi CB, GE :)

    Hi Sunil Rao, Forgot to mention, I was looking at 5 min as well as 15 min both.


  13. himanshu Says:
    June 10th, 2011
    Posted at: 7:08 pm

    ok thnx sunil rao and cb


  14. Anil Says:
    June 10th, 2011
    Posted at: 7:11 pm

    Hi CB, Am holding Nifty Calls and Puts. How to trade on Monday?


  15. himanshu Says:
    June 10th, 2011
    Posted at: 7:15 pm

    please suggest me any stock dat is very very weak.. i wanna earn profit by going short


  16. MBA tejas gupta Says:
    June 10th, 2011
    Posted at: 7:22 pm

    Hi richa, ya its on hold .... till 2 days before expiry ..

    Hi GODSE, i cheked it sir .so what next ??

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