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. rashid Says:
    June 16th, 2010
    Posted at: 1:54 pm

    Hi skmishra, if dow futures recover we may see recovery


  2. bhuvana Says:
    June 16th, 2010
    Posted at: 1:55 pm

    dear 'cb' y bharti airtel not trading well forthe past three days any neagtive news please clarify holding 500@ 273


  3. luckvijay Says:
    June 16th, 2010
    Posted at: 2:01 pm

    hi sir can i buy nifty here?


  4. skmishra Says:
    June 16th, 2010
    Posted at: 2:03 pm

    Hi Rashid, Yes, but a consecutive upmove for 4+ days, OB indicators in 5 min, hr and even day indicator tuning down says something. See, yesterday US was big plus, but we opened flat. Let us see... and shorters can pray!! :)


  5. rashid Says:
    June 16th, 2010
    Posted at: 2:09 pm

    Hi skmishra, last hour decides path


  6. bhupendra Says:
    June 16th, 2010
    Posted at: 2:11 pm

    hi, i bought ITC@ 193.20? should i hold or sell??


  7. DS Says:
    June 16th, 2010
    Posted at: 2:11 pm

    Folks,

    Why the sudden upmove in IOC....i was short and my SL got triggered!!!


  8. digant Says:
    June 16th, 2010
    Posted at: 2:15 pm

    Hi,
    Cb..any BTST call
    And what is the price that cipla can go..in a few days


  9. Kelly Says:
    June 16th, 2010
    Posted at: 2:20 pm

    yes any btst call will do


  10. jeetu Says:
    June 16th, 2010
    Posted at: 2:20 pm

    RIL gonna buy 36% stake in rcom and in future RIL can buy RNRL


  11. Kelly Says:
    June 16th, 2010
    Posted at: 2:22 pm

    How about suzlon ?


  12. Kelly Says:
    June 16th, 2010
    Posted at: 2:24 pm

    Hi skmishra,
    Wat is ob indicator ?


  13. rashid Says:
    June 16th, 2010
    Posted at: 2:31 pm

    Hi skmishra, seems upmove started,now short covering may come in


  14. skmishra Says:
    June 16th, 2010
    Posted at: 2:33 pm

    @ Kelly, that was the case, but indicators may remain OB and still it may go up. Things are not that simple dear! it is probability, we are working in.


  15. HSK Says:
    June 16th, 2010
    Posted at: 2:37 pm

    Sell TCS ?


  16. neha Says:
    June 16th, 2010
    Posted at: 2:42 pm

    hello sir.
    i have positions in 5300 CE at 17..what to do now…
    and also have bought L&T 1750 CE at 11…what to do…can i add some more

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