Quotes with Resistance & Support
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Intraday calls for 21-08-09

Posted on: August 21st, 2009 at 9:19 am

Sell Nucleus Software at 110, target: 104. Stoploss: 113

If markets see recovery later during the day, buy: Mindtree

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637 Responses

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  1. CB Says:
    August 23rd, 2009
    Posted at: 8:05 pm

    Hi ram, Resistance is a point where stock witnesses selling pressure. DMA is a stocks moving average (30, 100, 200 day) this link will help you understand pivot point: http://www.tradejuice.com/forex/pivot-point-trading-mm.htm


  2. AC Says:
    August 23rd, 2009
    Posted at: 8:57 pm

    HI CB... I BOT TATA MOTORS 420 @465 TIME BACK.WHAT IS THE HIGH IT CAN ACHIEVE IN THE COMMING DAYS? sHALL I BOOK LOSS AS IT IS EXPECTED THAT MARKET MAY MOVE FURTHER DOWN IN SEPTEMBER


  3. sunil Says:
    August 23rd, 2009
    Posted at: 9:26 pm

    CB do u feel lyk market coming down next month?
    do u recommend me to hold my short even if nifty goes to 4700 or should i maintain the stop loss around 4600 itself please help for my short in nifty


  4. CB Says:
    August 23rd, 2009
    Posted at: 9:30 pm

    Hi AC, dont book loss..its a good bet for short term..if possible avg it out on dips.. not sure of markets correcting in September..as of now trading a range of 4350-4700 and just not breaking on either sides

    Hi sunil, hold short.if nifty by any chance seens 4650-4700 you can avg it. markets are likely to be in a range and also very volatile.


  5. AC Says:
    August 23rd, 2009
    Posted at: 10:03 pm

    THANKS CB ...BUT I CANT AVERAGE AS I HAD PUT ALL MY MONEY IN IT.


  6. CB Says:
    August 23rd, 2009
    Posted at: 10:07 pm

    Hi AC, ok.. hold onto them. its fine if you cannot avg..its a quality stock and if markets do well it will give good returns.


  7. AC Says:
    August 23rd, 2009
    Posted at: 10:21 pm

    OK THANKS CB...GOODNIGHT...ALL THE BEST FOR THE COMING WEEK


  8. CB Says:
    August 23rd, 2009
    Posted at: 10:36 pm

    Hi AC, Best of luck.. Good night..


  9. Sri Says:
    August 23rd, 2009
    Posted at: 11:34 pm

    Hi CB

    If it goes for auction will it be a loss or a profit for me.


  10. CB Says:
    August 23rd, 2009
    Posted at: 11:47 pm

    Hi Sri, it depends..if auction is at higher rate then you will be at a loss..if markets correct and its at a lower rate you would even be in profit


  11. Sri Says:
    August 24th, 2009
    Posted at: 12:18 am

    Hi CB

    Do you see market correcting in the next week, how about HCL, will it go down.


  12. CB Says:
    August 24th, 2009
    Posted at: 1:15 am

    Hi Sri, we may see some profit booking after tomorrow gap up.. lets see


  13. bindas Says:
    August 24th, 2009
    Posted at: 1:21 am

    Hi cb, its the time to book profit in the share which i am holding and is in profit or buy some share for 1 month hold.please suggest some share


  14. CB Says:
    August 24th, 2009
    Posted at: 1:24 am

    Hi bindas, book partial profits on rise.. hold rest with a trailing stoploss.. for a fresh entry would advice to wait for some dip


  15. rajan Says:
    October 14th, 2009
    Posted at: 9:43 am

    I have idfc rolta and ifci @ 153, 193, 55 whts the future of today ???

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