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Intraday calls for 24-06-11

Posted on: June 24th, 2011 at 8:24 am

Markets likely to open higher, support for Nifty at 5270

Buy ITC at 191.50, Target: 196, SL 188

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562 Responses

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Comment pages: 282930313233343536Show all

  1. Kartik Says:
    June 25th, 2011
    Posted at: 1:17 am

    Hi nv, yes. has been un-tradeable. still in the same 5300-5600 zone


  2. r h Says:
    June 25th, 2011
    Posted at: 1:55 am

    Sir, Diesel, LPG, kerosene prices hiked; customs duty slashed.. now what will be the impact on market because of this on monday ? will market go down..


  3. siddharth Says:
    June 25th, 2011
    Posted at: 9:06 am

    hello

    i am holding prime focus @ 53.95

    yesterday it recover till 52.10 should i book loss or hold it

    what levels u see in 4-5 days i can hold it for 1week.


  4. SAI Says:
    June 25th, 2011
    Posted at: 10:26 am

    HI CB/ Kartik / Kb & ALL GOOD MORNING. Diesel, LPG, kerosene prices hiked - How wld be market opening on Monday.


  5. ganesh Says:
    June 25th, 2011
    Posted at: 11:16 am

    CB/ KARTIK, will the downfall of the US markets on Friday affect the world markets on Monday? or our upside rally will continue?


  6. sameer Says:
    June 25th, 2011
    Posted at: 11:40 am

    Sir
    When do u suggest to enter GTL ?


  7. arun bj Says:
    June 25th, 2011
    Posted at: 11:50 am

    hi cb good morning . I gave sintex at higher level at 208 . Can i exit now . Re enter later i feel it ll start falling from 180 to 155


  8. Kartik Says:
    June 25th, 2011
    Posted at: 11:56 am

    Hi r h, it shall be positive for Petroleum stocks, but negative for the Markets

    Hi sameer, wait for a few days for its prices to settle, has been very volatile lately

    Hi ganesh, seems we too might open lower

    Hi SAI, GM, it shall be positive for Petroleum stocks, but negative for the Markets

    Hi siddharth, hold it with a SL at 50, can see 55 in Markets continue to see some upmove in the coming days

    Hi arun bj, above 160 it looks good, continue to hold it for some more time


  9. anand Says:
    June 25th, 2011
    Posted at: 12:15 pm

    Hi Kartik,

    On charts I found 2 contradictory things :

    1. Nifty Weekly Chart is indicating Bullish Engulf pattern; but

    2. Jun 5500PE Option is showing more than 100% rise in OI. (As per my understanding, this means mkt players r expecting a fall from here.)

    Considering 2nd point and the Negative News of Diesel Price rise, can we expect markets to fall on monday..?

    thnx


  10. CB Says:
    June 25th, 2011
    Posted at: 12:29 pm

    Hi anand, yes, hike in diesel prices, will result in high inflation numbers. its negative for the markets. let see. as of now seems may open a bit lower on Monday


  11. anand Says:
    June 25th, 2011
    Posted at: 12:30 pm

    thanks CB


  12. CB Says:
    June 25th, 2011
    Posted at: 12:32 pm

    Hi anand, most welcome.


  13. Kb Says:
    June 25th, 2011
    Posted at: 3:45 pm

    Heyyy cbbbbbbbb .. .


  14. CB Says:
    June 25th, 2011
    Posted at: 3:46 pm

    Hi Kb, Good evening.. hope having a good day


  15. arun bj Says:
    June 25th, 2011
    Posted at: 6:43 pm

    cb good evening . . I need tata steel support and resisvance . . Can i enter tata steel call 580 . . Above 575 . Is it looks good ?


  16. CB Says:
    June 25th, 2011
    Posted at: 6:55 pm

    Hi arun bj, Good evening. one can enter a call. sl near 570. can see 595

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