Quotes with Resistance & Support
Market Information

Intraday calls for 29-06-10

Posted on: June 29th, 2010 at 8:19 am

Markets likely to see a flat opening. Support for nifty is at 5250 and resistance at 5400

If markets show weakness later during the day, sell: ICICI Bank

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798 Responses

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  1. kanifb Says:
    June 29th, 2010
    Posted at: 1:58 pm

    Hi CB. NHPC move up sharply yesterday from 28,55 to 31.25 with 2 crore volume. Today also at 30.5 with 1 crore volume. Has it given a break out


  2. airbites Says:
    June 29th, 2010
    Posted at: 2:00 pm

    Nifty broke 5250, what is the next support ????


  3. CB Says:
    June 29th, 2010
    Posted at: 2:00 pm

    Hi N Murali, wait for 2-3 days..

    Hi suzane, ok. exit 50% at cmp for now.. if markets recover a bit by 3pm then we can exit the rest

    Hi vinod, most welcome

    Hi DS, :).. not sure what to say

    Hi AT, yes

    Hi Janvi, book partial for now and hold the rest.


  4. Kelly Says:
    June 29th, 2010
    Posted at: 2:00 pm

    belwo 5236 , 5221 looks quite possible.


  5. Gitanjali Says:
    June 29th, 2010
    Posted at: 2:00 pm

    HI CB , OK ..thanks again..


  6. AT Says:
    June 29th, 2010
    Posted at: 2:00 pm

    Hi DS,

    Good to hear that........whenever u short........please let me know.....so that even me can make some money:)


  7. Anil Says:
    June 29th, 2010
    Posted at: 2:02 pm

    CB,

    Nifty broken all supportas. Can we short again now or go long??


  8. CB Says:
    June 29th, 2010
    Posted at: 2:02 pm

    Hi kanifb, yes, continue to hold it. likely to do well

    Hi airbites, lower at 5150

    Hi Gitanjali, most welcome


  9. N Murali Says:
    June 29th, 2010
    Posted at: 2:02 pm

    thnx cb


  10. vindi Says:
    June 29th, 2010
    Posted at: 2:02 pm

    is this time to enter xproindia, onward technology r shall i wait some time to fall much more.. any idea for btst


  11. DS Says:
    June 29th, 2010
    Posted at: 2:02 pm

    Dear AT,

    Out of the last 50 times that i have shorted 41 has made cash....and out of the 190 times that i have gone long only 85 has given me profit....not sure why though? Sadly profits still dont out weigh the losses yet....


  12. CB Says:
    June 29th, 2010
    Posted at: 2:03 pm

    Hi Janvi, ok. book all

    Hi Anil, one can short at cmp

    Hi N Murali, most welcome

    Hi vindi, no, not yet. wait for some more dip.


  13. N Murali Says:
    June 29th, 2010
    Posted at: 2:04 pm

    Do you suggest TVS Motor for BTST. Had a call from my broker


  14. vindi Says:
    June 29th, 2010
    Posted at: 2:05 pm

    movement of ballarpur , dcb, unitech i donot undestand wherer it goes.. any recemnedation.


  15. DS Says:
    June 29th, 2010
    Posted at: 2:06 pm

    Dear CB,

    Am in minor profits on Everon and Nag Fert. Shd i book profits or wait for a little more while?


  16. CB Says:
    June 29th, 2010
    Posted at: 2:06 pm

    Hi N Murali, yes, one can enter in small quanitty

    Hi vindi, they are a hold. wont really do much in weak markets. keep them for short term.

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