Quotes with Resistance & Support
Market Information

Intraday calls for 22-06-11

Posted on: June 22nd, 2011 at 8:35 am

Markets likely to open higher, Resistance at 5320 and support at 5200

Sell Jindal steel at around 626, SL 634, Target: 615

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408 Responses

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  1. Suresh Says:
    June 22nd, 2011
    Posted at: 5:29 pm

    Thanks CB,

    Is there any chance to go below from the present price before this expiry


  2. Rise Says:
    June 22nd, 2011
    Posted at: 5:49 pm

    shud i enter itc and zee learn to avg....?


  3. Kartik Says:
    June 22nd, 2011
    Posted at: 6:03 pm

    Hi Pradeep, trading in a narrow range of 30-40 pts

    Hi Suresh, if Markets continue to trade weak, can see some more downside ahead

    Hi Rise, no, dont avg yet, wait for some time


  4. naresh Says:
    June 22nd, 2011
    Posted at: 6:05 pm

    where do u see NMDC from here, even last time it made u turn from 249 and now from 250.5 i think resistance is around 270 so will it again touch 270 now or cross 270, not holding any just tracking and if u nod for trade i will


  5. naresh Says:
    June 22nd, 2011
    Posted at: 6:15 pm

    karthik sir are there if so can u reply to my query


  6. Pradeep Says:
    June 22nd, 2011
    Posted at: 6:16 pm

    Hi Kartik,

    Dear, another query. thanks in advance for answering.

    what's the meaning of this: • Nifty 5200 – 5300 puts strikes witnessed long unwinding.


  7. naresh Says:
    June 22nd, 2011
    Posted at: 6:23 pm

    @ pradeep it means The closure of an investment position.


  8. naresh Says:
    June 22nd, 2011
    Posted at: 6:24 pm

    for more info pradeep check the link http://www.investopedia.com/terms/u/unwind.asp#axzz1Q0c4CiUX


  9. avis Says:
    June 22nd, 2011
    Posted at: 6:34 pm

    hi cb karthik
    i have idfc 120pe
    tmrow wat targrt can we expect


  10. CB Says:
    June 22nd, 2011
    Posted at: 6:59 pm

    Hi naresh, nmdc does have good support at 250 levels. can test 270 in short term. thanks for the link

    Hi Pradeep, it means they saw selling pressure. those who were holding longs, sold their holdings

    Hi avis, it does look weak. can see 119. has resistance at 123.


  11. avis Says:
    June 22nd, 2011
    Posted at: 7:16 pm

    cb out of following options which one can i enter for june series
    relcom 90 pe
    hindalco 170 ce
    lichf 220 ce
    cipla 320 pe
    ongc 260 pe
    cairn 300 pe
    or suggest any other


  12. paresh doshi Says:
    June 22nd, 2011
    Posted at: 7:20 pm

    hi cb,what happens with gtl & gtl infra,stock falls from 460 to 110 in only four session?case of mahindra satyam or speculative attack like rolta?


  13. lalith Says:
    June 22nd, 2011
    Posted at: 7:34 pm

    There is no concept of short or long or medium term now, India is totally corrupt, After Koutons, it's GTL in the making...... such a sharp fall and no news apparently... Poor investors are being looted.... WTF is SEBI doing?? ....

    Think about the investors who bought GTL in the earlier morning and helplessly waited for the tragic fall of 60% +

    EXIT STOCK MARKETS is the lesson we should take now.....

    CB sir what is your opinion on this ? Is it not Fraud CB ?


  14. naresh Says:
    June 22nd, 2011
    Posted at: 7:36 pm

    thanks CB sir, i will short at 270 if it turns weak and will make sure to ask you before trade


  15. ramaswamy Says:
    June 22nd, 2011
    Posted at: 7:42 pm

    good evening sir can i shrot ongc fresh


  16. Anil Says:
    June 22nd, 2011
    Posted at: 7:51 pm

    GE CB,

    Holding 4 lots @ ONGC short @ 257. Today it made high of 264.5. Bit worried. Can it comes back to 250 levels in next 2 sessions or book loss and exit?

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