Quotes with Resistance & Support
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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. Deepak7791 Says:
    June 29th, 2010
    Posted at: 8:11 pm

    Dear Kartik

    What will be Jindalstel and wipro's fate tomorrow. Have longs on those at 640 and 396 levels .


  2. nitin shah Says:
    June 29th, 2010
    Posted at: 8:15 pm

    hi kartik pls ans my query at 6.46pm.


  3. Tarun Says:
    June 29th, 2010
    Posted at: 8:17 pm

    US down... How long this will continue. This UP and DOWN story ?

    How our market will react tomorrow ?

    I think, for me, it is better to go for short term booking, instead of Intraday chasing :(((


  4. SunilRao Says:
    June 29th, 2010
    Posted at: 8:17 pm

    Hi Kb, Good Evening. Cheeersssss as well. ;)


  5. Kb Says:
    June 29th, 2010
    Posted at: 8:17 pm

    US stocks dropped sharply on their open on Tuesday as the already-jittery market was spooked by a downward revision to an economic index for China.


    Also consumer confidence report came,, thats very much lower than expetd ..


  6. ARIJIT Says:
    June 29th, 2010
    Posted at: 8:19 pm

    Hi Kb,
    GE, WHERE HAVE U BEEN THE WHOLE DAY?


  7. Kb Says:
    June 29th, 2010
    Posted at: 8:19 pm

    Hi Tarun, Dow not likely to go down further, today.. . .. lets see how much it recovers & where it closes ..


  8. Kb Says:
    June 29th, 2010
    Posted at: 8:20 pm

    Hi SunilRao, Hahha.. cool .. :P


  9. S.MAHESH Says:
    June 29th, 2010
    Posted at: 8:21 pm

    Hi Kb,
    I heard u r planning for a Himalayan Journey, It is my wish too - Himalaya & Kanyakumari for Statue of Saint Shree Swami Vivekanand.
    However u r requested to find out on net terrorist affected area near Himalaya n avoide those places
    I am on now 18th PEG of DSP !


  10. Anil Says:
    June 29th, 2010
    Posted at: 8:23 pm

    Hi Karthik,

    Can we see 50-70 points gap down opening in Nifty tomorrow?
    Can we buy 5200 PE at the opening??


  11. Kb Says:
    June 29th, 2010
    Posted at: 8:24 pm

    Hi ARIJIT, Good eve .. :)


    Hmm.. happy & peaceful mind generates energy .. with that energy we can do anything .. :) ...

    Im bit disturbed, so avoided trading .. will be back in few days .. ;) ..


  12. S.MAHESH Says:
    June 29th, 2010
    Posted at: 8:26 pm

    Hi Kartik,
    When u r joining me for B. DSP , treat from my side on a condition u must drink 1 peg more than me, n u i think u will win, for i am a model of 1953 but still going strong,


  13. Aman Says:
    June 29th, 2010
    Posted at: 8:27 pm

    Kartik/CB what abt mavens biotech...wht is its entry level..


  14. SunilRao Says:
    June 29th, 2010
    Posted at: 8:27 pm

    Hi Tarun, The stock markets are all about "The UP and DOWN story". More the UPs and DOWNs, more is the scope of making money.

    Tomorrow the market is likely to open Gap-down with good support @ 5190 levels, but need to wait till the US markets close today and how asian markets perform tomorrow morning.


  15. Kb Says:
    June 29th, 2010
    Posted at: 8:32 pm

    Hi SunilRao, hmm.. we together short at 5370 ?? have u booked that ? :)


  16. Gitanjali Says:
    June 29th, 2010
    Posted at: 8:33 pm

    HI CB, my oh my!!! look at the mkts ... why was there a buying spree in a few scrips till the end in our mkts??..shall be left hanging ... ...
    If the clever lot can err .. a lesser mortal like me can well be forgiven...
    May I know when i cd book profits ..in gmdc ..whew!!! never thought of profits to be possible ...

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