Quotes with Resistance & Support
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Intraday calls for 16-06-10

Posted on: June 16th, 2010 at 8:22 am

Markets likely to open slightly higher. Resistance for nifty is at 5250 and support at 5180.

Buy Zydus Wellness Ltd at 496.40, target: 510. Stoploss: 487
Buy Karur Vysya Bank Ltd at 529.95, target: 543. Stoploss: 520

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656 Responses

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  1. CB Says:
    June 16th, 2010
    Posted at: 8:24 am

    Hi stalin, Good morning..


  2. Avis Says:
    June 16th, 2010
    Posted at: 8:24 am

    Hi cb
    i have short pos in ntpc, itc, hul
    any downside expected in these stocks today


  3. Ram M Says:
    June 16th, 2010
    Posted at: 8:25 am

    Hi CB... GM
    Can i avg my Nifty short on higher openings today?


  4. Akshay Says:
    June 16th, 2010
    Posted at: 8:27 am

    Hi cb,from what level we can buy if they opens higher.is there will be any downside later on today in the market


  5. Mayur Says:
    June 16th, 2010
    Posted at: 8:28 am

    Good Morning Sir ji, is it safe to enter reliance stocks like r.power or rnrl..or to wait for some dip... and wht is your view on suzlon..??
    please suggest one Intraday stock of below 100 if any...as i trade only in cash .Thanks :-)


  6. CB Says:
    June 16th, 2010
    Posted at: 8:29 am

    Hi Avis, would advice to exit from fmcg on any dip. they are looking strong. ntpc looks weak. hold it

    Hi Ram M, Good morning. yes, on a 15-20 point rise one can avg
    Hi Akshay, 4-5rs higher is fine.. else not


  7. CB Says:
    June 16th, 2010
    Posted at: 8:30 am

    Hi Mayur, Good morning. dont enter reliance stocks now. have rallied quite a bit. buy some of ifci if crosses 56.20


  8. cvrprakash Says:
    June 16th, 2010
    Posted at: 8:32 am

    Hi CB, Your views on Vijaya Bank. Can one enter now for one or two months range?


  9. Avis Says:
    June 16th, 2010
    Posted at: 8:34 am

    Cb what will be impact of direct tax draft on todays market


  10. Virk Says:
    June 16th, 2010
    Posted at: 8:34 am

    GOOD MORNING SIR, HAVE A NICE DAY..


  11. Mayur Says:
    June 16th, 2010
    Posted at: 8:34 am

    Hi CB, Thanks Sir ji... I m holding deepak fertlizers rite now...as someone has suggested me to enter Nagarjuna fertilizers @ cmp....is it fine to go with cmp as market is trading strong...and fertilizer stocks seems a bounce before monsooon..wht u say sir ji..plz advice..?


  12. CB Says:
    June 16th, 2010
    Posted at: 8:34 am

    Hi cvrprakash, its looking good. can head upto 68

    Hi Avis, its a bit of negative news for the investors in markets.


  13. CB Says:
    June 16th, 2010
    Posted at: 8:35 am

    Hi Virk, Good morning. you too have a good day

    Hi Mayur, continue to hold deepak.. dont add nagfer yet.. they will almost move in the same direction since they are fertilizer stocks..


  14. ABHI Says:
    June 16th, 2010
    Posted at: 8:38 am

    Hi Cb sir...good mrning..
    is IOc future still a hold...plz sir tell me na excatly...how many days more shld i hold it?
    plz sir...i am havng it at 356....do i need to exit it at cost even after holding it for so long...


  15. pankaj Says:
    June 16th, 2010
    Posted at: 8:38 am

    hi cb, good morning. shall i short nifty near 5250?? if yes wht sl?? thanx.


  16. suresh Says:
    June 16th, 2010
    Posted at: 8:40 am

    VGM CB,

    today can we see upward movement in UNITECH? what will be todays target?

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