Quotes with Resistance & Support
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Intraday calls for 17-06-09

Posted on: June 17th, 2009 at 9:24 am

Markets likely to open flat.

Buy Sterlite Industries between 623-630, target: 650. Strict stoploss: 618.

On dips one can look to buy Spice mobiles for short/med term.

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519 Responses

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Comment pages: 252627282930313233Show all

  1. CB Says:
    June 17th, 2009
    Posted at: 3:48 pm

    Hi sndpsk, no news.. it was FII selling.. we are likely to see a technical bounce tomorrow


  2. abs Says:
    June 17th, 2009
    Posted at: 3:49 pm

    hello CB..can we see more decline in Rel infra..when is d right time to buy?and what is d shrt tgt near budget?


  3. krishna Says:
    June 17th, 2009
    Posted at: 3:51 pm

    Sir ..........IS 4000 possible before budget


  4. krishna Says:
    June 17th, 2009
    Posted at: 3:53 pm

    Is this fall today due to poor global cues or is there a selloff by FII's


  5. CB Says:
    June 17th, 2009
    Posted at: 3:53 pm

    Hi abs, wait for some more time before buying it..


  6. CB Says:
    June 17th, 2009
    Posted at: 3:54 pm

    Hi krishna, not sure about 4000.. dont see us going down further than 4200. today's selling was more due to FII selling


  7. Divyesh Says:
    June 17th, 2009
    Posted at: 3:56 pm

    Hi Cb

    Should i exit on long position my portfolio already share with u, and losses incresing day by day.......Please suggest


  8. CB Says:
    June 17th, 2009
    Posted at: 4:16 pm

    Hi Divyesh, no.. hold them.. lets see how markets react tomorrow


  9. AC Says:
    June 17th, 2009
    Posted at: 4:37 pm

    hi cb

    is it feasible to buy 4500 june call at 54


  10. AC Says:
    June 17th, 2009
    Posted at: 4:39 pm

    hi cb

    is it feasible to buy 4500 june call at 54.if yes what would be the target price


  11. Tanaya Says:
    June 17th, 2009
    Posted at: 4:47 pm

    Hi Cb, please recommend some good ebooks on intraday trading.


  12. Likith Says:
    June 17th, 2009
    Posted at: 5:13 pm

    Hi AC, What you did with your nifty 4700 call. I am also stucked with that call and loosing lot of money. Could you suggest any strategy to minimise the losses.


  13. Sai Iyer Says:
    June 17th, 2009
    Posted at: 5:32 pm

    Hi CB, What's happening to the market? Why was this huge dip today? Was there a bad news or what? I am confused.


  14. arun kumar Says:
    June 17th, 2009
    Posted at: 5:33 pm

    hi cb, i hold RNRL 700 nos @ 106, wt max it can touch tommrow,i need to exit since i have to trade intraday , my funds are in this stock, pls help me


  15. Akki Says:
    June 17th, 2009
    Posted at: 5:53 pm

    good evening sir

    dow future are down what is happening to our market all major support levels gone are we heading towards more of down side

    the dow snp 500 is jst 911, below 900 dow is gone

    wht is hepng we have been seeing selling and downside continuously is there are bad news in the global market dow is going down and down from 8800 levels

    is this the major correction before the budget which was expected and sir one more thing

    how will be the expiry for the month any ideas, like the past expires are we going to see a good one or the history creation is over now????


  16. Vinesh Says:
    June 17th, 2009
    Posted at: 6:03 pm

    Hi CB, many are worrying about losing money in call options. I just want to say them due to continuous three months of earning in call options, one must be ready to lose some bucks. I personally have 2 Lots of 4600 and 4650 Call each and loss of around
    12000. But i am still holding them as i know nifty will recover and touch 4600 levels this expiry.

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