Quotes with Resistance & Support
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Intraday calls for 16-06-11

Posted on: June 16th, 2011 at 8:28 am

Markets likely to open lower, next support at 5350

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538 Responses

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Comment pages: 252627282930313233Show all

  1. Kartik Says:
    June 16th, 2011
    Posted at: 3:23 pm

    Hi sanzy, wait till tomorrow


  2. arun bj Says:
    June 16th, 2011
    Posted at: 3:24 pm

    cb what can i do holding nifty call5600 at 30 now 12 rs . . Can enter 5500 pe to reduce loss . .


  3. SS Says:
    June 16th, 2011
    Posted at: 3:25 pm

    Hi Kartik,
    Can we do some bottom fishing in PNB ?


  4. vipul Says:
    June 16th, 2011
    Posted at: 3:25 pm

    Hi Kartik, wht is ur view on nifty??????...........


  5. Sunil Rao Says:
    June 16th, 2011
    Posted at: 3:26 pm

    Hi richa, Nifty has strong support near 5360-70 on weekly charts, as such a bounce cannot be ruled out. However, if we break it, we may see more downside upto 5200 levels.


  6. ganesh Says:
    June 16th, 2011
    Posted at: 3:26 pm

    hai kartik! why is ambujacem falling down like anything for the past two days?


  7. sandeep Says:
    June 16th, 2011
    Posted at: 3:26 pm

    karthik............wats ur view on TATA MOTORS AND PETRONET LNG? I'm holding TATA MOTORS 900 [email protected] and PETRONET LNG 160 [email protected] for the current series. Can TATA MOTORS see levels close to 900- 920 and PETRONET LNG levels close to 150-155 in the next 4-5 trading days?
    plz reply


  8. Kartik Says:
    June 16th, 2011
    Posted at: 3:27 pm

    Hi SS, below 1100 it looks weak, better avoid it

    Hi vipul, next support at 5380-70, look weak as of now

    Hi arun bj, hold it, wait till tomorrow


  9. nv Says:
    June 16th, 2011
    Posted at: 3:27 pm

    Whats the buzz around textile stocks ? Century Textiles up by 6 % in a falling market


  10. Kartik Says:
    June 16th, 2011
    Posted at: 3:28 pm

    Hi ganesh, there's a dip in cement demand and prices due to the onset of the monsoon season


  11. Kartik Says:
    June 16th, 2011
    Posted at: 3:29 pm

    Hi nv, not sure of it


  12. sandeep Says:
    June 16th, 2011
    Posted at: 3:29 pm

    karthik............wats ur view on TATA MOTORS AND PETRONET LNG? I'm holding TATA MOTORS 900 [email protected] and PETRONET LNG 160 [email protected] for the current series. Can TATA MOTORS see levels close to 900- 920 and PETRONET LNG levels close to 150-155 in the next 4-5 trading days?
    plz reply.........


  13. himanshu Says:
    June 16th, 2011
    Posted at: 3:30 pm

    then how to trade in options in suuch volatilty??


  14. richa Says:
    June 16th, 2011
    Posted at: 3:30 pm

    Hi Kartik,
    i still have 5600 CE @58...wat do i do..i m in havy loss...


  15. Kartik Says:
    June 16th, 2011
    Posted at: 3:30 pm

    Hi sandeep, Tata motors can slip upto 960 levels, Petronet can see around 146


  16. nv Says:
    June 16th, 2011
    Posted at: 3:31 pm

    Hi ganesh, There is a probe going on in cement majors by SFIO regarding cartelisation... hence they are trading weak in addition to the negative sentiment in the market

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