Quotes with Resistance & Support
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Intraday calls for 23-06-10

Posted on: June 23rd, 2010 at 8:21 am

Markets likely to see a lower opening. Support for nifty is at 5250 and resistance at 5340

If markets see some recovery later during the day, buy: Xpro India with sl at 39.50

Trade in small quantity

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738 Responses

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Comment pages: 202122232425262728Show all

  1. Rahul Says:
    June 23rd, 2010
    Posted at: 12:34 pm

    i shorted nifty @ 5306 hold or exit ?? please advice..


  2. Kb Says:
    June 23rd, 2010
    Posted at: 12:35 pm

    Jun Nifty volumes still Less ..


  3. Bala Says:
    June 23rd, 2010
    Posted at: 12:36 pm

    Nagarjuna Fertlisers is going to be acquired by RIL, is this news true??


  4. Kb Says:
    June 23rd, 2010
    Posted at: 12:36 pm

    Hi S.MAHESH, GA . :) ..


  5. R Sathyamurthy Says:
    June 23rd, 2010
    Posted at: 12:38 pm

    Hi,

    I have Deccan Chronicle June Futures Long @ Rs.125/-. How is the chart looking like?


  6. Suresh M Says:
    June 23rd, 2010
    Posted at: 12:38 pm

    hi,
    will kitply cross 10 today?


  7. S.MAHESH Says:
    June 23rd, 2010
    Posted at: 12:39 pm

    If nifty goes down then u r likely to get chance to cover it it has strong S in the range
    of 179 t0 176, below 175 it will correct.
    In such situation I keeps on shorting further to avg it out maximum up side 187 with strong R at 192.
    DATE 6/22/2010 IVRCLINFRA Close 182.000 Yest Close 185.150

    PP: 182.250

    Sell Below: 181.339

    Stop Loss for Short: 182.250

    Buy Above: 182.706

    Stop Loss for Buy: 181.667

    R: 184.900 , 187.800 , 190.700

    S: 179.350 , 176.700 , 173.800


  8. S.MAHESH Says:
    June 23rd, 2010
    Posted at: 12:40 pm

    Hi Kb,
    GA, how r u ?


  9. neelimakumar Says:
    June 23rd, 2010
    Posted at: 12:42 pm

    Hi Kb, Buying in July NIFTY is much more then selling ..its there in VENTURS.guess u trade with them :)


  10. SMH Says:
    June 23rd, 2010
    Posted at: 12:43 pm

    S MAHESH holding bacnk nifty short from 9530 shall i hokld on or cover today when mkts looking a bit weak aroun 9600 shall i cover it or take a chance till tomw Please give yuor opinion on same


  11. Gauri Says:
    June 23rd, 2010
    Posted at: 12:43 pm

    Hi Inder,

    oh thanks !!!


  12. SAGAR Says:
    June 23rd, 2010
    Posted at: 12:44 pm

    Hi SM ,
    Can I short TTML @ current ?


  13. Inder Says:
    June 23rd, 2010
    Posted at: 12:45 pm

    Hi Bala, pure Rumor...


  14. S.MAHESH Says:
    June 23rd, 2010
    Posted at: 12:46 pm

    Hi SMH,
    I am in CASH n do not trade in nifty, but it looks weak to me.
    DATE 6/22/2010 BANKNIFTY Close 9,675.500 Yest Close 9,758.050

    PP: 9,701.133

    Sell Below: 9,652.627

    Stop Loss for Short: 9,701.133

    Buy Above: 9,725.386

    Stop Loss for Buy: 9,670.089

    R: 9,736.966 , 9,798.433 , 9,859.899

    S: 9,639.666 , 9,603.833 , 9,542.366


  15. Kb Says:
    June 23rd, 2010
    Posted at: 12:46 pm

    Nifty not looking That much weak ... Hmm.. can expect a minor bounce from here ... 5300 good support as of now.. But expiry .. take caution.. still volume is less..


  16. S.MAHESH Says:
    June 23rd, 2010
    Posted at: 12:49 pm

    Hi SMH,
    u can monitor live bank nifty real time chart here -
    http://nseintradaychart.blogspot.com/

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