Quotes with Resistance & Support
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Intraday calls for 07-09-11

Posted on: September 7th, 2011 at 8:25 am

Markets likely to open flat, support at 4950

Buy IFB Industries at 116, Target: 121, SL 112 – (book profits at 123)

12.00pm – sell M&M (fut) at 790, target: 777. Stoploss: 805 (1-2 day hold)

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493 Responses

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  1. CB Says:
    September 7th, 2011
    Posted at: 10:45 pm

    Hi Preet, these can add 12-15% in short/ med term

    Hi subramani, Good evening. . hold dlf with sl at 208 for now. ongc is a hold. can see 268-270

    Hi $tyle Icon, no, not yet. enter higher near 91-92

    Hi setul, yes. can see some profit booking.

    Hi VIJAY, it can head upto 20.80

    Hi ramaswamy, yes, its a hold. near strong resistance levels. can see 775

    Hi SB- Free A/c ; 0.02 brokerage , 15 times mrgn, Good evening.. thanks for the info

    Hi Kb, Good evening.

    Hi palanivel, yes, seems it will take some time to recover. hold it for 1-2 months time frame.


  2. Kb Says:
    September 7th, 2011
    Posted at: 10:46 pm

    Hi CB, Good evening.


  3. CB Says:
    September 7th, 2011
    Posted at: 10:47 pm

    Hi Lalith, thanks.

    Hi Vishal, we will need to hold for few days. if possible avg on rise if nifty is unable to cross 5150-5180.


  4. himanshu Says:
    September 7th, 2011
    Posted at: 11:00 pm

    cb
    news abt levels of 4500 is true
    a kind of fear from world market?


  5. Vishal Says:
    September 7th, 2011
    Posted at: 11:09 pm

    Hi CB,

    Thanks.... I shall hold it for some more days!!!!


  6. Kb Says:
    September 7th, 2011
    Posted at: 11:10 pm

    Hi himanshu, its finishing a bounce back. let it finish first & wait for further cues. ..


  7. Vishal Says:
    September 7th, 2011
    Posted at: 11:11 pm

    Hi Himanshu,

    What is the source of the news???? Is it true regarding levels of 4500????


  8. $tyle Icon Says:
    September 7th, 2011
    Posted at: 11:21 pm

    US Economy Is Basically 'Still In Recession': Fed's Evans
    http://www.cnbc.com/id/44421047


  9. CB Says:
    September 7th, 2011
    Posted at: 11:25 pm

    Hi himanshu, cannot be sure. depends on global marekts and news flow. technically markets are weak. some selling pressure could step in on rise

    Hi Vishal, most welcome.


  10. CB Says:
    September 7th, 2011
    Posted at: 11:25 pm

    Hi $tyle Icon, thanks for the link.


  11. $tyle Icon Says:
    September 7th, 2011
    Posted at: 11:33 pm

    welcome CB


  12. Viti Says:
    September 8th, 2011
    Posted at: 12:02 am

    HI CB,

    I have 1500 shares of provogue. Demerger is happening. Please tell i should hold these shares or sell them.
    And if it is profitable then if i buy more shares, will i get the shares of new company.

    Please do reply.


  13. himanshu Says:
    September 8th, 2011
    Posted at: 12:05 am

    kartik, ok
    vishal, there is a specific reason behind a single moment, there must b some news or bad sentiments to take market to that levels
    cb, so it means at every rise we can short nifty and make average for downside levels..


  14. himanshu Says:
    September 8th, 2011
    Posted at: 12:07 am

    kb, ok thanks


  15. CB Says:
    September 8th, 2011
    Posted at: 12:49 am

    Hi Viti, for now its a hold. keep them for short/ med term. don't add more of it yet.

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