Quotes with Resistance & Support
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Intraday calls for 13-06-11

Posted on: June 13th, 2011 at 8:26 am

Markets likely to open a bit lower. Support for nifty is at 5450 and resistance at 5540

If markets show recovery later during the day, buy: Raymond Ltd

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488 Responses

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  1. dak Says:
    June 13th, 2011
    Posted at: 12:36 pm

    Abdulla /Sunil Rao / Anyone - If nifty is near day high, can I short nifty futures for a small intraday gain ? if yes, at what levels?


  2. Abdullah Says:
    June 13th, 2011
    Posted at: 12:38 pm

    Hi thavva, GM :)

    Hi deepa, Keep a trailing SL of 344.50 and hold. Can see 352...


  3. Abdullah Says:
    June 13th, 2011
    Posted at: 12:40 pm

    Hi dak, Dont short now. Can short below 5470 levels for small gains. But remember, this can be risky...


  4. Mary Says:
    June 13th, 2011
    Posted at: 12:44 pm

    Thanks Abdullah Vguard i can hold till tmrw, can we see 230 tmrw ?


  5. Ravneet Says:
    June 13th, 2011
    Posted at: 12:46 pm

    Dear Friends,

    First of all, Greetings to u all!

    This is my first message on this site :)

    Would request you guys to suggest me, whether I should HOLD OR BOOK PROFITS in SUN TV and SPICE JET

    I have Sun tv 300@291 INR
    Spice Jet 1200@ 35.40 INR


  6. Pradeep Says:
    June 13th, 2011
    Posted at: 12:46 pm

    hi experts.. would you suggest to short or long nifty from here? what should be exit and SL levels. Thanks


  7. dak Says:
    June 13th, 2011
    Posted at: 12:47 pm

    Thanks Abdullah. So you see uptrend now ?


  8. Abdullah Says:
    June 13th, 2011
    Posted at: 12:48 pm

    Hi Mary, Can expect 228-229 if markets remain strong...


  9. naresh Says:
    June 13th, 2011
    Posted at: 12:49 pm

    and i need views on ONGC at CMP


  10. Abdullah Says:
    June 13th, 2011
    Posted at: 12:50 pm

    Hi dak, Difficult to say. Though no positive trigger, but above 5470 technically looks good as of now...


  11. dak Says:
    June 13th, 2011
    Posted at: 12:56 pm

    Hmm. Thanks Abdullah. So wait and watch for me for now... except hoping that unitec goes down so that I can exit my puts :-)


  12. Abdullah Says:
    June 13th, 2011
    Posted at: 12:57 pm

    Hi dak, Most welcome :) Yes. Lets see what happens...


  13. Piyush Says:
    June 13th, 2011
    Posted at: 12:58 pm

    Hi...
    I have Tata Coffee @ 850 Rs....Please suggest what should I do ?


  14. serenity Says:
    June 13th, 2011
    Posted at: 12:58 pm

    Can someone suggest technically what is the target of ntpc is a weeks time. Thanks in advance


  15. Mohammed Says:
    June 13th, 2011
    Posted at: 12:59 pm

    Hi Abdullah Assalamualikum
    Today i did one mistake i was placed SL Nifty CA 5600 at 25 which was bought @ 50 SL triggered and Nifty was recovered i entered 5400PE at 68 and struck please suggest what to do shall i exit put or hold?


  16. gayaram Says:
    June 13th, 2011
    Posted at: 1:00 pm

    Hi Ravneet, GA. Welcome to Nseguide!

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