Quotes with Resistance & Support
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Intraday calls for 29-06-11

Posted on: June 29th, 2011 at 8:31 am

Markets likely to open higher, Resistance for nifty is at 5600 and support at 5490

Buy Max India at 188, Target: 195, SL 182 – (exit position at 186)

12.02pm – sell Jet airways at 489.50, target: 480. Stoploss: 500

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523 Responses

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  1. Kartik Says:
    June 29th, 2011
    Posted at: 8:48 am

    Hi dak, hmm, as of now it seems we may open higher, keep a SL at 5600 (likely to see some profit booking around 5590)

    Hi Vishal, no, can see some profit booking


  2. AJ Says:
    June 29th, 2011
    Posted at: 8:49 am

    ECLERX or SONATA for intraday?


  3. Kartik Says:
    June 29th, 2011
    Posted at: 8:50 am

    Hi AJ, ECLERX


  4. kands Says:
    June 29th, 2011
    Posted at: 8:51 am

    GM Kartik. Will Godrej CP see a rise today. Has loong been trading at 408-412. I have a 50 lot @ 443/-:(


  5. Kartik Says:
    June 29th, 2011
    Posted at: 8:51 am

    Hi kands, yes, should give a bounce, resistance at 420


  6. AJ Says:
    June 29th, 2011
    Posted at: 8:52 am

    CROMPTON GR from here?


  7. kands Says:
    June 29th, 2011
    Posted at: 8:53 am

    TX Kartik. Also pl advise when 1 can enter NHPC.


  8. AJ Says:
    June 29th, 2011
    Posted at: 8:54 am

    How do you see EXIDE on charts?


  9. Ary Says:
    June 29th, 2011
    Posted at: 8:54 am

    Hi Karthik,

    Can I enter any call for July at opening today? Can I buy a few lots of HDFC Bank Put for July?


  10. Kartik Says:
    June 29th, 2011
    Posted at: 8:57 am

    Hi kands, wait for some time for its prices to se ttle

    Hi AJ, Crompton might take a while to recover, EXIDE faces resistance at 175, above which can do well

    Hi Ary, no, can be a risky bet


  11. Kiran Says:
    June 29th, 2011
    Posted at: 8:59 am

    Hi CB, I have short June Futures of Jet Airways @ 434.50. currently, it is at 491. what should I do now..?? plz suggest!


  12. ARUNBJ Says:
    June 29th, 2011
    Posted at: 9:00 am

    cb how ll be open 5600 nifty calll.. can i exit today on rise


  13. Akash Says:
    June 29th, 2011
    Posted at: 9:00 am

    Hi Kartik, GM. Shud I buy Amar Remedies in Intraday for target 115+ or buy Max India for your target? or how is BHAGWATI BANQUET i intraday today?


  14. Kartik Says:
    June 29th, 2011
    Posted at: 9:04 am

    Hi Kiran, enter a CE to hedge if it cross 500 (strong resistance)

    Hi Akash, you may buy some of Max

    Hi ARUNBJ, likely to open higher, keep a trailing SL at 5560 and hld it


  15. Akash Says:
    June 29th, 2011
    Posted at: 9:06 am

    Hi Kartik, Ok. How is BHAGWATI BANQUET to buy in cash. I can buy 2 shares of this after selling LITL. Target 130+ in 1-2 days.


  16. JR Says:
    June 29th, 2011
    Posted at: 9:06 am

    Kartik Sir Gud Mrng....
    Holding 5600 CE bought Yeaterday...where should i exit from it...

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