Quotes with Resistance & Support
Market Information

Intraday calls for 21-06-11

Posted on: June 21st, 2011 at 8:29 am

Markets likely to open flat, next support at 5180

Buy Axis bank at 1225, Target: 1245, SL 1205 (trade in small quantity) – Book profit at 1249

1.54 pm – swing call: SELL ONGC at 258(FUT), Target: 250, SL 264

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493 Responses

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  1. CB Says:
    June 21st, 2011
    Posted at: 1:59 pm

    Hi Anil, ivrcl too looks a bit weak. hold it.


  2. CB Says:
    June 21st, 2011
    Posted at: 2:00 pm

    Hi Gitanjali, yes, lets hold them till tomorrow.


  3. Achauhan Says:
    June 21st, 2011
    Posted at: 2:00 pm

    CB, oh sorry.. i meant Long...yes.... .. should i stay???


  4. Sunil Rao Says:
    June 21st, 2011
    Posted at: 2:00 pm

    Hi gayaram, Fill the ocean with every drop :)


  5. CB Says:
    June 21st, 2011
    Posted at: 2:01 pm

    Hi Achauhan, yes, hedge it with a 75 put for now.


  6. raj gupta Says:
    June 21st, 2011
    Posted at: 2:02 pm

    Sir should i buy GTL at this level for 30-40 % gain as it have fall down 64% to recover my loss in option.. ?
    Please suggest..


  7. CB Says:
    June 21st, 2011
    Posted at: 2:02 pm

    Hi raj gupta, no, dont enter it yet. it looks weak.


  8. k fathima Says:
    June 21st, 2011
    Posted at: 2:02 pm

    hi CB, why is GTL down. bought at 142. any chance for recovery in a fortnights time


  9. Lalith Says:
    June 21st, 2011
    Posted at: 2:03 pm

    CB sir, can i hold on to GTL bought at 153, it's started falling again


  10. CB Says:
    June 21st, 2011
    Posted at: 2:04 pm

    Hi Anil, yes, likely to

    Hi k fathima & Lalith, would advice to exit 50% for now and add another on a 5-6rs dip. will help reduce the buy price. overall stock does look weak


  11. CB Says:
    June 21st, 2011
    Posted at: 2:04 pm

    ill be back in some time.


  12. gayaram Says:
    June 21st, 2011
    Posted at: 2:05 pm

    Hi CB, GA. JP sup and res for short term?


  13. Akash Says:
    June 21st, 2011
    Posted at: 2:05 pm

    Holding BGR energy..bought at 576? hold or exit??


  14. thavva Says:
    June 21st, 2011
    Posted at: 2:15 pm

    Hi Sunil Rao, GA, booked profits in nifty short. thanks for the call :)


  15. Abdullah Says:
    June 21st, 2011
    Posted at: 2:16 pm

    Good afternoon everybody :)


  16. Abdullah Says:
    June 21st, 2011
    Posted at: 2:19 pm

    Hi Sunil Rao, Power problems from the morning. Logged in at about 1:45 pm. Missed your trade.

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