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. CB Says:
    June 29th, 2010
    Posted at: 10:55 pm

    Hi SunilRao, yes, its trading weak.

    Hi Deepak7791, as of now seems will open a bit lower. maybe markets recover a bit after opening

    Hi nitin shah, as of now global markets are going weak. sesa goa has strong support at 340-345. likely to hold onto these levels. fsl is a hold for now. if possible buy some puts to hedge them for now

    Hi Tarun, yes, for now stick to short term. tomorrow also seems to be a lower opening..

    Hi Anil, yes, seems will open 40-50 points lower. not sure of entering a put at gap down opening

    Hi S.MAHESH, :) sure, shall plan it up soon..

    Hi Aman, its in a strong downtrend.. dont enter it yet

    Hi Gitanjali, its a hold. will come down to 122-123 levels

    Hi LEO, yes, can see 5180-5200. will take some time to recover


    Hi invest1, no, as of now no new calls. markets may come down a bit.


  2. Gauri Says:
    June 29th, 2010
    Posted at: 10:56 pm

    Hi CB GE :)

    How does United Phosphorous look on charts? can it rally some more or is likely to godown from current levels??


  3. Kb Says:
    June 29th, 2010
    Posted at: 10:57 pm

    Hi SunilRao, Hiiiiiiiii.. Good night :P


  4. SunilRao Says:
    June 29th, 2010
    Posted at: 10:57 pm

    Hi Anil, Would not advice to go short after gap-down opening unless Nifty breaks 5185-5190 levels. Next support level at 5120-5125.


  5. CB Says:
    June 29th, 2010
    Posted at: 10:58 pm

    Hi Gauri, Good evening. its looking good. if markets remain good could come down to 188-190. short term can see 210


  6. Kb Says:
    June 29th, 2010
    Posted at: 10:59 pm

    Hi CB, Zebeee ... ready to see spain action ??

    Whats plan with maheshhh ??


  7. SunilRao Says:
    June 29th, 2010
    Posted at: 10:59 pm

    Good Evening CB :)


  8. Kb Says:
    June 29th, 2010
    Posted at: 11:00 pm

    Hi Gauri, Hai GOWWWRRiii :)


  9. Kb Says:
    June 29th, 2010
    Posted at: 11:01 pm

    Any advocate/ law expert is here ?? :)


  10. SunilRao Says:
    June 29th, 2010
    Posted at: 11:05 pm

    Hi CB, Where can we get the data about stock splits and its ratios on a day-to-day basis, so that I can update the data in my software accordingly?


  11. Tarun Says:
    June 29th, 2010
    Posted at: 11:06 pm

    Thanks CB, I will do short term only :(


  12. Avis Says:
    June 29th, 2010
    Posted at: 11:07 pm

    Hi cb
    i am holding nag fer, and power grid
    any upside move expected in these stocks tmrow


  13. Tarun Says:
    June 29th, 2010
    Posted at: 11:08 pm

    Hi SunilRao, That is correct. But one should know when to enter and when to exit. I entered at 4900.... but did not exit at 5300+. :(
    Will Tata Motors down to my entry level 725 ? :(
    Will Tata Steel down to 460 ?? :(

    If there is gap-down opening then .. is it better to wait and watch the market ?


    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.


  14. CB Says:
    June 29th, 2010
    Posted at: 11:10 pm

    Hi SunilRao, Good evening. hmm. no, not really sure where we go get such a list.

    Hi Tarun, ok

    Hi Avis, tomorrow seems may open a bit lower. hold them for short term. they are likely to do well.


  15. aman Says:
    June 29th, 2010
    Posted at: 11:10 pm

    sunil rao.....one request ....u can tell us what u are doing........so as we caN ALSO TRACK AND SEE WHAT UR INTENTIONS ARE AND WHAT DO U READ FROM THE MARKETS.....


  16. Gitanjali Says:
    June 29th, 2010
    Posted at: 11:13 pm

    Hi SunilRao, thanks for the reply ..It was not there before ..[It happens often from this end ] messages go missing..! the computer needs upgrading...
    I wish u all the best in yr trade .. you 'r sure to win .!! take care.

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