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. ARIJIT Says:
    June 29th, 2010
    Posted at: 3:50 pm

    HI CB/KARTIK,
    WHICH ONE WILL BE BETTER FOR SHORT TERM SELMCL OR LAKSHMI EFL?


  2. sriram Says:
    June 29th, 2010
    Posted at: 3:51 pm

    hi karthik...can i still hold biocon???..bought 30 @ 300..


  3. Trader Says:
    June 29th, 2010
    Posted at: 4:11 pm

    hi kartik,
    does it look tht we may see 5200-5180 in 1-2 days
    thanks


  4. shahul Says:
    June 29th, 2010
    Posted at: 4:34 pm

    hai karthik

    will market recover tommorrow


  5. Adil Says:
    June 29th, 2010
    Posted at: 4:51 pm

    Hi kartik what tgt shud i expect in tvsmotor til friday bot @116


  6. Vishal Says:
    June 29th, 2010
    Posted at: 4:52 pm

    Hi Shahul.. I think It should touch 5210 tmrw


  7. v.sanjay Says:
    June 29th, 2010
    Posted at: 5:02 pm

    Dear sir,

    Since long ingersol rand is consolidated between rs. 330 to 375 i am thinking to buy this script for long term please help me to take decision


  8. somu Says:
    June 29th, 2010
    Posted at: 5:06 pm

    Hi, I think nifty in form of head & sholder


  9. Rajesh Says:
    June 29th, 2010
    Posted at: 5:23 pm

    Hi,

    Are Iron Ore producers a better bet @ CMP? If yes, NMDC or Sesa Goa?


  10. Kartik Says:
    June 29th, 2010
    Posted at: 5:26 pm

    Hi ARAVIND, most welcome

    Hi raj, it shall do well in a months time, hold it

    Hi Ravikumar, its a strong bet for Long term investment at CMP

    Hi Sonu, its a strong company fundametnally, hold it for some more time, it can see 160+ levels

    Hi rameshb, hold it for Short term, its likely to do well

    Hi ARIJIT, you may invest 50% in both

    Hi sriram, yes, hold it for Short temr

    Hi Trader, we Global ques continue to remain weak, we may see some more downside

    Hi shahul, not likely

    Hi Gitanjali, not likely a morning star, since the stock had been trading flat in the previous days, GMDC did see some profit booking at 132 levels today, if it again manages to cross it, exit from it, but its likely to trade weak in the coming days

    Hi Adil, around 125

    Hi v.sanjay, wait for some time, for the past 3-4 quarters, the results of the company have not been so strong

    Hi somu, yup


  11. Raman Says:
    June 29th, 2010
    Posted at: 5:26 pm

    to all experts i have shorted BGR energies future @726 today its self it went upto 745 so what is u r opinion on this should i hold do i get my rate??


  12. Kartik Says:
    June 29th, 2010
    Posted at: 5:27 pm

    Hi Raman, hold it with a tight SL at 750 as of now


  13. Suresh M Says:
    June 29th, 2010
    Posted at: 5:29 pm

    hi kartik,you missed my query

    "am holding ifci.its not moving well what can i do hold or exit with loss?"


  14. Raman Says:
    June 29th, 2010
    Posted at: 5:31 pm

    kartik sir i m having time uptill july expiry what is u r opinion do i get my rate bcos i got the news to short this stock for the target 718-705 but unfortunately it went up


  15. Rajesh Says:
    June 29th, 2010
    Posted at: 5:31 pm

    kartik, u missed my query :)


  16. Kartik Says:
    June 29th, 2010
    Posted at: 5:35 pm

    Hi Suresh M, hold it for some more time, it shall do well in the coming days

    Hi Raman, if it manges to cross 750 tomorrow, exit from it, it faces strong resistance at 750, above which it can see some more upside

    Hi Rajesh, sorry, dont enter them yet, wait for another 2-3 weeks time

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