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

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738 Responses

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  1. rubina Says:
    June 23rd, 2010
    Posted at: 7:36 pm

    hi karthik... I short icici fut today 900.. Will i get some profit tomrow....


  2. rubina Says:
    June 23rd, 2010
    Posted at: 7:40 pm

    also i short nifty@5335.. Target for tmrw


  3. ABHI Says:
    June 23rd, 2010
    Posted at: 7:45 pm

    Hi kartik sir..ge
    Ioc futures did not see 360 today...
    what target can it see tomorrow..will it be able to see 360 tomorrow as it is the expiry..?
    if it did not see this level 2mrw also then shld i rollover or not..?pls confirm and help me


  4. CB Says:
    June 23rd, 2010
    Posted at: 7:57 pm

    Hi LEO, if US closes weak, we can open 30-40 points lower.

    Hi rubina, yes, can see 885. if US markets continue to remain weak, we can see 5280

    Hi ABHI, can add 5-7rs tomorrow. if possible roll it over to the next month.


  5. Ravi Says:
    June 23rd, 2010
    Posted at: 8:01 pm

    I am holding Uco bank 700@60, RNRL 700@90, Nagarjuna Constructions 800@160, SEL Manufacturing 350@70, JP Associates 400@180, What is their positions for long term can i hold or exit, Please tell me their targets for long term and which stocks to hold and which stocks to exit


  6. rubina Says:
    June 23rd, 2010
    Posted at: 8:09 pm

    thank you cb... How much us weakness can show this lvl in nifty


  7. ABHI Says:
    June 23rd, 2010
    Posted at: 8:18 pm

    thank u cb sir.. i can rollover it also, but my concern is even after rolling over if it did not rise...:(
    plz suggest will it rise more if i rollover it ...i can keep it till first week of july only ...
    what targt can it reach by first week of july...plz tell


  8. Aman Sharma Says:
    June 23rd, 2010
    Posted at: 8:21 pm

    Hi CB.. What level can we expect in SELMCL.. Can we buy @ 72..


  9. suresh Says:
    June 23rd, 2010
    Posted at: 8:24 pm

    hi cb/kartik

    I have one lot of HPCL for jun expiry @ 361..
    wat price should i expect tomorrow... wat are the exit level and stop loss..
    please advice.


  10. rahul Says:
    June 23rd, 2010
    Posted at: 8:25 pm

    hi i have tisco 2 lots @17.70 of july expiry what is the target for tomorrow


  11. Aman Sharma Says:
    June 23rd, 2010
    Posted at: 8:25 pm

    Thanks..& what abt HMT.. I m holding since 84.50
    ..


  12. rahul Says:
    June 23rd, 2010
    Posted at: 8:26 pm

    500 CA @17.70 july expiry tisco target for cuming days


  13. shahul Says:
    June 23rd, 2010
    Posted at: 8:33 pm

    hai cb

    what will tommorrow trend according to ur view


  14. vinod Says:
    June 23rd, 2010
    Posted at: 8:39 pm

    Hi,
    Kartik & S.Mahesh ji Thanks for your valuable suggestions


  15. CB Says:
    June 23rd, 2010
    Posted at: 8:40 pm

    Hi Ravi, they are all fundamentally strong bets.. would advice to continue to hold onto them for now.. they can add 40-50% in long term. if possible avg jp assoc on dips.

    Hi rubina, can see 5280 if global markets remain weak.

    Hi ABHI, yes, it will do well.. dont worry

    Hi Aman Sharma, for med/long term one can enter it.. can see 100.. hmt is a hold for some more time.

    Hi suresh, it can see 366

    Hi rahul, if markets are good, it can see 510


  16. LEO Says:
    June 23rd, 2010
    Posted at: 8:45 pm

    Hi CB,

    If Suppose nifty falls 30 -40 points .. can we take fresh long after covering shorts ......is it advisable or wait till monday ................

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