Quotes with Resistance & Support
Market Information

Intraday calls for 11-06-10

Posted on: June 11th, 2010 at 8:21 am

Markets likely to open higher. Resistance for nifty is at 5155 and support at 5060.

Buy BGR Energy Systems at 672.60, target: 688. Stoploss: 663.
Buy Shoppers Stop above 450, target: 460. Stoploss: 443

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757 Responses

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  1. suzane Says:
    June 12th, 2010
    Posted at: 2:40 pm

    Hi S.MAHESH, my average is 943 .. Do u think i will be cross at 943 + 8 brokerage .. Hence i will be cost to cost at 951 ... do u think it will help me ??
    And what about jhyotilab ??


  2. Mrs Kiran S Says:
    June 12th, 2010
    Posted at: 3:13 pm

    I am still Holding SBI @ 2233 and IOC @ 327.50. What is the exit point.?


  3. Jagdish Says:
    June 12th, 2010
    Posted at: 3:17 pm

    Hi CB,
    Punj Lloyd on its 52 week low how do you look for 9 to 12 months tgt.


  4. Jagdish Says:
    June 12th, 2010
    Posted at: 3:24 pm

    Hi suzane, what is your idea on Punj Lloyd for 1 year target.


  5. S.MAHESH Says:
    June 12th, 2010
    Posted at: 3:49 pm

    Hi Mrs Kiran S,
    DATE 6/11/2010 SBIN Close 2,339.900 Yest Close 2,326.850

    PP: 2,432.033

    Sell Below: 2,419.873

    Stop Loss for Short: 2,432.033

    Buy Above: 2,438.114

    Stop Loss for Buy: 2,424.251

    R: 2,537.967 , 2,736.033 , 2,934.100

    S: 2,233.967 , 2,128.033 , 1,929.9


  6. suzane Says:
    June 12th, 2010
    Posted at: 4:33 pm

    Hi S.MAHESH, i replied u at 2:40pm am waiting for ur further suggestion.


  7. Tarun Says:
    June 12th, 2010
    Posted at: 4:34 pm

    Hi CB, Karthik, Mahesh
    I have the following
    Ashok Leyland @60
    Tata Motors 725
    Tata Steel 464

    Lanco Industr @60 (wrongly placed buy order instead of Lanco Infra)

    Please suggest which all to keep for short time ?


  8. CB Says:
    June 12th, 2010
    Posted at: 4:41 pm

    Hi Mrs Kiran S, sbin can see 2400 and ioc around 350. hold them for short term.

    Hi Jagdish, if punj lloyd holds onto 110-120 levels for some more time, can see a bounce upto 130

    Hi Tarun, they are looking good. continue to hold onto it.lanco ind has resistance at 64. will do well once crosses it. tata steel if trades above 475 for some time, can see 500


  9. Kb Says:
    June 12th, 2010
    Posted at: 4:58 pm

    Cb.. who will win ??

    Greece or Korea ????????? ...

    waiting for the Argentinaaaa to start the fire works .. Ooo wwwwwaakka. . No hope for spain .. hee heeeeeeeeeee


  10. CB Says:
    June 12th, 2010
    Posted at: 5:08 pm

    Hi Kb, :) Seems Argentina will..


  11. Ravi Says:
    June 12th, 2010
    Posted at: 5:47 pm

    Hi Cb, holding 5100 put at 160. Now cmp is 76. Plz suggest wat to do as it has come to half the price. Should I average on Monday. Suffering huge loss. Also will the impact of Japanese news drag our market down


  12. S.MAHESH Says:
    June 12th, 2010
    Posted at: 6:03 pm

    Hi Kb,
    Argentia for sure ready for a bet, r u ready ?


  13. S.MAHESH Says:
    June 12th, 2010
    Posted at: 6:05 pm

    Hi suzane,
    What was that, i think i replied to u r all queries.


  14. S.MAHESH Says:
    June 12th, 2010
    Posted at: 6:10 pm

    Hi Kb,
    I mean WC winner.


  15. suzane Says:
    June 12th, 2010
    Posted at: 6:14 pm

    Hi CB, is it technical breakout call for argentina ?? :) :)
    Shall i place a bet on argentina ?? :)


  16. CB Says:
    June 12th, 2010
    Posted at: 7:32 pm

    Hi Ravi, yes, we will need to avg it out. if nifty is unable to cross 5150-5180 for 2-3 days, then we can avg it. japan news is likely to have a negative impact

    Hi suzane, :) nice one..

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