Quotes with Resistance & Support
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Intraday calls for 18-06-09

Posted on: June 18th, 2009 at 9:24 am

Markets likely to be volatile. Nifty has support at 4350.. if we trade below this level for some time, we could see further downside.

Buy Castrol around 360, target: 372. Stoploss: 356.
Sell Reliance Capital below 895, target: 870. Stoploss: 908.

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387 Responses

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  1. Nascar Says:
    June 18th, 2009
    Posted at: 2:19 pm

    HI CB !!!
    I have 4200 PE...
    Should i hold it????


  2. Narasimha Says:
    June 18th, 2009
    Posted at: 2:27 pm

    Hi Akki, Yes Man .congrates to ppl who went for shorts :) ... I made a mistake of not hedging any calls and now paid the price .. thinking that Markets will zoom up today .. any way Hard luck ..lost all my hard earned money ..


  3. jj Says:
    June 18th, 2009
    Posted at: 2:29 pm

    hi cb, my portfolio is above 1 lakh, wht shd i do??????????
    i mean, i must go to exit or .........


  4. Akki Says:
    June 18th, 2009
    Posted at: 2:39 pm

    Hi Narasimha, same here let them brake down the market and lets see after budget were do we go lets see is the rally game over now or we are going to create a history again like previous months and give a striking expiry


  5. Narasimha Says:
    June 18th, 2009
    Posted at: 2:43 pm

    Hi Akki, Akki if you are almost lost .. just hold what ever small calls you have .. Markets will move up from here .. there till budget ..so wait wait ..and see ..if you can cover your losses partially until thursday


  6. Likith Says:
    June 18th, 2009
    Posted at: 2:49 pm

    Hi Akki & Narasimha, I too lost everything on the calls. I accidentally kept the huge money in calls. To cover these losses buyed Puts but after seeing the yesterday market recovery in the noon I closed my puts in the losses and went to lunch. AndI got the losses in Puts and Calls too.. No idea how to recover the hard earned money...


  7. Sunny Says:
    June 18th, 2009
    Posted at: 2:54 pm

    HI CB, any new recos in this down market for good returns


  8. Narasimha Says:
    June 18th, 2009
    Posted at: 2:58 pm

    Your message...Hi Likith, To play with option ..one need to have discipline .. to exit and losses ..


  9. Kiran Says:
    June 18th, 2009
    Posted at: 2:59 pm

    hi guys..

    i too lost huge amounts in this week , near about 40,000..

    what to do?? i am so worried??


  10. Suzane Says:
    June 18th, 2009
    Posted at: 3:03 pm

    Dear,bought castrol@366, stoploss of it? Shall i hold it for BTST. i have opened a/c in KOTAK SEC and BTST is allowed outta their. Is my holding 4 castrol good? Now its 372, can i buy some more at this price. Expected Target for it tommorow?


  11. sndpsk Says:
    June 18th, 2009
    Posted at: 3:13 pm

    hmm.. market did big break down.. :( due to so many intraday losses, i thought to start do trading on short term basis, i put my big money for short term, and now my portfolio with 12 scripts but all are in big red figure... what happned to my luck? :-(


  12. YASHVARDHAN SONI Says:
    June 18th, 2009
    Posted at: 3:14 pm

    Dear Suzane buy GMR INFRA AND UNITECH FOR UPTO 5-10% TOMMORROW


  13. CB Says:
    June 18th, 2009
    Posted at: 3:15 pm

    SORRY GUYS NOT ONLINE BEFORE..

    KEEP CASTROL FOR BTST.. ONE CAN ALSO BUY NOIDA IN SMALL QUANTITY FOR BTST


  14. YASHVARDHAN SONI Says:
    June 18th, 2009
    Posted at: 3:16 pm

    DEAR SNDPSK PLEASE LEMME KNOW UR SCRIPTS


  15. CB Says:
    June 18th, 2009
    Posted at: 3:16 pm

    GUYS HOLD STOCKS IN YOUR PROFOLIO. MARKETS WILL RECOVER. GIVE STOCKS SOME TIME


  16. YASHVARDHAN SONI Says:
    June 18th, 2009
    Posted at: 3:17 pm

    WELCOME BACK CB

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