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. CB Says:
    June 18th, 2009
    Posted at: 7:24 pm

    Hi alluri, sure.. will buzz you if I find something good

    Hi Kartheek, thats right..


  2. Akki Says:
    June 18th, 2009
    Posted at: 7:32 pm

    sir do you feel that we can touch 4100 levels and this time the expiry is around 4250 or 4300 levels instead of 4500 + levels or we are heading to 4000 or so levels also???


  3. ramsingh Says:
    June 18th, 2009
    Posted at: 7:41 pm

    Hai CB!
    Today market down but Satyam Computer and Ennore Coke price up.What is the target price.Please suggest.


  4. CB Says:
    June 18th, 2009
    Posted at: 7:47 pm

    Hi Akki, no as of now dont see 4150..good support at 4250

    Hi ramsingh, IT stocks were up on rupee depriciation. not sure about Ennore


  5. Kartheek Says:
    June 18th, 2009
    Posted at: 7:50 pm

    CB,
    Nagfert 1000@39,
    RCOM few@348
    RELCAP few@997
    please suggest, when can I expect my price back?


  6. Kartheek Says:
    June 18th, 2009
    Posted at: 7:53 pm

    CB, want to know about F&O... where can I get complete info..


  7. Kartheek Says:
    June 18th, 2009
    Posted at: 7:57 pm

    Hi Maneesh,

    I know that you trade on F&O, could please transfer knowledge to me, actually I want to enter into that..! :)

    Many Thanks Kartheek


  8. Akki Says:
    June 18th, 2009
    Posted at: 8:41 pm

    how is the market likely to behave tmrw and dow has shown some good signs of recovery as per the last rally which had started in dow was from similiar levels so i feel a new rally is gonna start in dow thus feel that tmrw may b v hv sum good news wht do u feel sir?


  9. RK Says:
    June 18th, 2009
    Posted at: 8:56 pm

    Hi CB, Your views on Alok, Axis and Nagarjun fert. I am holding all these.


  10. CB Says:
    June 18th, 2009
    Posted at: 9:34 pm

    Hi Kartheek, hold ur stocks for some more time.. For detials of F&O try visiting nseindia.com

    Hi Akki, Some upmove is likely tomorrow. we may see 4400 in short term

    Hi RK, hold them..they will do well in coming days


  11. PRD Says:
    June 18th, 2009
    Posted at: 10:01 pm

    Dear CB,
    as i stated yesterday, i am holding 1 lot 4600CE & 1 lot 4800CE @ 148.50 & 59.00 respectively. At CMP my total money comes to near about 500/- ~ 1000/- from Rs. 10,000/- . If market bounce back to 4400 till this expiry; how much my cash recovered?


  12. Akki Says:
    June 18th, 2009
    Posted at: 10:26 pm

    if dow gives a close abov 8,580.24 + levels thn v cn say tht ths s a new begining of d game

    bt sir do u c 4500 before d expiry as per i am holdng 4600 CE @ 45 rs what do you sugges wait till expiry or exit with wht evr i am geting????

    do u feel tht ths expiry s gng 2 b norml bt after d expiry a rally is expected whch s d pre budget rally and after budget d mrkt bk 2 nrml???

    gtng a feeling tht 4350 - 4450 levels in bw levels cn b seen in d expiry wht do u feel sir


  13. sachin Says:
    June 18th, 2009
    Posted at: 10:41 pm

    Hi CB I have unitech @97. Is it come back or I have to book loss. What you suggest
    today unitech close @76


  14. naga Says:
    June 18th, 2009
    Posted at: 10:58 pm

    hi cb,
    what about patel eng? is there any chance of touching around 425.


  15. Shekhar Says:
    June 18th, 2009
    Posted at: 11:07 pm

    If markets go up tomorrow, which stocks would move up faster - stocks like IDBI, Axis which found support and remained in green even today, or those like HDIL, Unitec, Kotak, Fertiliszer, Metals stocks which got battered in last two days?


  16. Sai Says:
    June 18th, 2009
    Posted at: 11:45 pm

    Hi CB, Whats your take on my below portfolio. Do I hold them for a post budget move?

    Scriip-Qty-Avg Buy price
    ALOKTEXT-100-35.99
    AMBIKCO-50-84.36
    ANTGRAPHIC-540-0.59
    FOURSOFT-30-37.28
    KOTAKGOLD-6-1434.31
    MUDRA-100-30.31
    RNRL-10-128.44
    SATYAMCOMP-40-100.71
    SUZLON-25-115.98
    Unitech-25-92.26

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