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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Comment pages: 424344454647484950Show all

  1. 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.


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

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


  3. 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 ...


  4. S.MAHESH Says:
    June 29th, 2010
    Posted at: 8:33 pm

    Best joke of the year by Mr. S.K MISHRA.
    Hi! a lighter side of this serious business -BEST MSG EVER WRITTEN ON BOARD IN THE CHURCH “GOD NEVER FAILS” A STOCK BROKER WROTE BELOW IT: LET HIM TRADE IN NIFTY FUTURE..!! :)


  5. Gitanjali Says:
    June 29th, 2010
    Posted at: 8:34 pm

    Hi SunilRao, U forecast has come true ...congrats ..!!!


  6. Gitanjali Says:
    June 29th, 2010
    Posted at: 8:37 pm

    correction..your forecast...<


  7. Kb Says:
    June 29th, 2010
    Posted at: 8:37 pm

    SAbu For U ..

    MMTC gives liberal bonus, moves towards disinvestment - The Hindu http://ry8oo.tk


  8. SunilRao Says:
    June 29th, 2010
    Posted at: 8:38 pm

    Hi nitin shah, Sesagoa looks weak below 365 levels, has supports @ 335 and 310 levels and strong resistance @ 385-391 levels.


  9. S.MAHESH Says:
    June 29th, 2010
    Posted at: 8:44 pm

    Well good night.


  10. Gitanjali Says:
    June 29th, 2010
    Posted at: 8:53 pm

    HI CB .. Why were the FFI'S buying .. this is what I meant by saying 'if the clever can err..cannot foresee ,,there was heavy buying in gmdc to day .. it never had been so previously..


  11. LEO Says:
    June 29th, 2010
    Posted at: 9:03 pm

    Hi Kartik / Cb ,

    Our Nifty Closed above 5250 lvls ....
    as u said we have good support @ 5180 lvls ..

    Due to global Worries If our index falls till 5180 .. Whether we can see immediate recover to 5300 lvl or not ................


  12. SunilRao Says:
    June 29th, 2010
    Posted at: 9:17 pm

    Hi LEO, Due to global Worries If our index falls till 5180-5190 and takes support of it, we may see some short covering upto 5235-5240 levels and if nifty breaks that resistance level, then we may head to 5275-5280 levels. However if Nifty breaks 5180-5190 support levels, we may see further lower levels of 5120-5125.


  13. SunilRao Says:
    June 29th, 2010
    Posted at: 9:19 pm

    Good Night S.MAHESH.


  14. LEO Says:
    June 29th, 2010
    Posted at: 9:20 pm

    OK SunilRao,

    Can we once again see 4900 lvls or trade in between - 5100 - 5400 lvls for couple of months ... Suggestion pls


  15. Deepak7791 Says:
    June 29th, 2010
    Posted at: 9:31 pm

    Dear Kartik

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


  16. Kb Says:
    June 29th, 2010
    Posted at: 9:34 pm

    Hi S.MAHESH,Yup.. planning.. :)

    18 th ?? not good .. keep limit ;)

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