Quotes with Resistance & Support
Market Information

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. S.MAHESH Says:
    June 16th, 2010
    Posted at: 7:07 pm

    Hi Kartik,
    So far Nifty refuses to correct the short term OB.
    I think 2 marrow picture will become clear, important level to watch - 11th June,2010
    low was - 4997.60 n hence we have to watch 4966.


  2. Kb Says:
    June 16th, 2010
    Posted at: 7:08 pm

    Hi nv, hmm. . not in this profession.. still student :( ... Hmm .. but now I'm in a situation that, i am getting much time to spend with market. . certainly i love that ..


  3. jeetu Says:
    June 16th, 2010
    Posted at: 7:10 pm

    hii KARTIK/CB holding vijaya bank @ 61.75 , @ whr i can exit ?


  4. AT Says:
    June 16th, 2010
    Posted at: 7:14 pm

    Hi Kartik,

    I am holding 5000 PE & 5100 PE from a week..........what to do? hold, exit or average?
    in huge loss.........please help


  5. Kb Says:
    June 16th, 2010
    Posted at: 7:14 pm

    Hi rashid, FII buying came in closing round up. .. Thats why we ended bullish ..


  6. Kb Says:
    June 16th, 2010
    Posted at: 7:15 pm

    Hi Gitanjali, Heeee hooooo haaa ... :) Good eve .. Sisterrrrrrrrr . ........... :)


  7. Kartik Says:
    June 16th, 2010
    Posted at: 7:17 pm

    Hi S.MAHESH, yes, some intermediate support around 5180 as of now

    Hi AT, hold them for some more time, we are likely to see some downside in the coming days

    Hi jeetu, book profits around 65

    Hi ramsingh, hold it for 2-3 months time, it can see 820+ levels

    Hi svk, hold it for 1-2 months time, it can see 90+ levels


  8. AT Says:
    June 16th, 2010
    Posted at: 7:19 pm

    Thanks kartik..........
    what will be 2mrow's opening according to u?
    If 2morw, market opens gap down........shall i exit or hold?


  9. S.MAHESH Says:
    June 16th, 2010
    Posted at: 7:20 pm

    Hi Kb,
    Hi, GE, give me link of Mr.Mishra's blog


  10. Kartik Says:
    June 16th, 2010
    Posted at: 7:21 pm

    Hi AT, seems we might open down, hold your PUT for another 2-3 days time


  11. Kb Says:
    June 16th, 2010
    Posted at: 7:22 pm

    Hi Kartik, Give me answer .... who's elder he / u ??? .... :D


  12. AT Says:
    June 16th, 2010
    Posted at: 7:22 pm

    OK sir.........will do, as u say.........hope that i can minimize my loss.
    Thank you.


  13. S.MAHESH Says:
    June 16th, 2010
    Posted at: 7:24 pm

    Hi Kartik,
    My friends are after me to learn FnO, but i refuses all such requests after all i am a model
    of 1953, what is u r opinion ?


  14. AT Says:
    June 16th, 2010
    Posted at: 7:24 pm

    Also, can i average 2mrow.........if yes, then at what level?


  15. Kb Says:
    June 16th, 2010
    Posted at: 7:24 pm

    Hi S.MAHESH, Ohh our mishraaa.. ok wait .. let me find out


  16. jeetu Says:
    June 16th, 2010
    Posted at: 7:25 pm

    thank u kartik

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