Quotes with Resistance & Support
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Intraday calls for 20-06-13

Posted on: June 20th, 2013 at 8:27 am

Markets likely to see a gap down opening. Resistance for nifty is at 5860 and support at 5740

If markets show recovery later during the day, buy: Berger paints – (Can continue to hold onto Berger paints. Looks good technically)

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277 Responses

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  1. CB Says:
    June 20th, 2013
    Posted at: 4:30 pm

    Hi PK, ok. nice that you booked profits

    Hi ravii, yes, does have some support near 5620-5650. if holds onto it, can see a bounce from here.


  2. jaikumar Says:
    June 20th, 2013
    Posted at: 4:36 pm

    Hi SaiPalanivel,
    where u from?


  3. SaiPalanivel Says:
    June 20th, 2013
    Posted at: 6:06 pm

    I am Tamilnadu. Jaikumar
    where u from?


  4. vijesh Says:
    June 20th, 2013
    Posted at: 6:40 pm

    Hi CB, Continue to hold maruti 1500 PE?


  5. CB Says:
    June 20th, 2013
    Posted at: 6:51 pm

    Hi vijesh, yes, keep strict sl at 1550.


  6. jaikumar Says:
    June 20th, 2013
    Posted at: 7:12 pm

    Hi SaiPalanivel,
    i already mention my native. anyhow from tuticorin.
    which place u from?


  7. Sendy Says:
    June 20th, 2013
    Posted at: 7:48 pm

    Hi Sar tommorow dollar level


  8. Dathha Says:
    June 20th, 2013
    Posted at: 7:54 pm

    gd eveng CB sir,berger paints show a doji in in pattern today..does it mean reversal of trend??
    and many bullish patterns til yesterday took reverse trend because of nifty fall,does it mean that technicals hold good only if their is positive nifty movement?? is their no individuality for scrips?? how to understand dis? Please explain sir


  9. PK Says:
    June 20th, 2013
    Posted at: 8:05 pm

    US opening in huge gap down,
    All in red.....

    Sir how Tata motors, SBI, L&T looks like can b enter thr PE
    And if nifty opens gap down Thn can enter in 5600 pe


  10. SaiPalanivel Says:
    June 20th, 2013
    Posted at: 8:13 pm

    Hi Jaikumar,I Am From TIRUPPUR


  11. Kartik Says:
    June 20th, 2013
    Posted at: 8:14 pm

    Hi Sendy, seems can see 59.70

    Hi Dathha, Berger Paints faces strong resistance at 240 lvls, a close above 242 can it take it to 255+ lvls and higher, try tacking the major support/resistance levels of stocks

    Hi PK, we may open gap-down reacting to Global ques, no, dont enter PE at opening as we could see some short covering later during the day


  12. SaiPalanivel Says:
    June 20th, 2013
    Posted at: 8:15 pm

    HI PK,GE.LETS WAIT HOW OPEN ASIAN MARKETS TOMORROW.


  13. Dathha Says:
    June 20th, 2013
    Posted at: 8:20 pm

    Thanks for your kind reply.sir,while tracking support and resiistance,how many months time period has to ba taken into consideration? what is the best to be considered...
    sir,how to track resistance and support other than just observing...is their any tool?


  14. Kartik Says:
    June 20th, 2013
    Posted at: 8:24 pm

    Hi Dathha, normally a years time is good enough


  15. jatin Says:
    June 20th, 2013
    Posted at: 8:30 pm

    sir ,
    can I buy McDowell ce now?


  16. jaikumar Says:
    June 20th, 2013
    Posted at: 8:33 pm

    Hi SaiPalanivel,
    r u full time trader?

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