Quotes with Resistance & Support
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Intraday calls for 01-06-09

Posted on: June 1st, 2009 at 9:09 am

Markets likely to open positive. Nifty has strong resistance at 4520. If we manage to cross this we could see 4800 in short term, else a retracement back to 4300.

Buy ONGC for a target of 1210, stoploss: 1145

If markets see profit booking at at 4500-4520 levels, short: Reliance Capital

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489 Responses

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  1. Eesha Says:
    June 1st, 2009
    Posted at: 12:45 pm

    I was actually trying to short sell Rolta. But saying "In Group Short Sell not allowed".


  2. Murali Says:
    June 1st, 2009
    Posted at: 12:46 pm

    Hi CB, I have Nagarjuna Fert @ 39. what is the short tem profit booking?


  3. CB Says:
    June 1st, 2009
    Posted at: 12:46 pm

    Hi Imtiaz, no..wait for some time..good buy around 20 levels


  4. CB Says:
    June 1st, 2009
    Posted at: 12:46 pm

    Hi Eesha, maybe broker does not allow that stock


  5. Nitin Says:
    June 1st, 2009
    Posted at: 12:47 pm

    Thanks CB


  6. Pratham Says:
    June 1st, 2009
    Posted at: 12:47 pm

    Cb sir maine rolta 126 main sell kar diye kya phir 122 ke rate par lene ke liye rakhu ?


  7. Eesha Says:
    June 1st, 2009
    Posted at: 12:47 pm

    Oh is it?

    Acha can I short Suzlon or I should hold on to SBI that I bt at 1875?


  8. CB Says:
    June 1st, 2009
    Posted at: 12:47 pm

    Hi Murali, around 44

    Hi Nitin, most welcome


  9. CB Says:
    June 1st, 2009
    Posted at: 12:48 pm

    Hi Pratham, yes.. sl 128

    Hi Eesha, Suzlon looks strong. hold SBI


  10. kiran Says:
    June 1st, 2009
    Posted at: 12:50 pm

    sir cAN i buy idea at cmp
    for how many days it may reach 100/-


  11. stev Says:
    June 1st, 2009
    Posted at: 12:50 pm

    guru i'm holding 50 shares of alok indus @ 22/share.... plz give suggestion...whether i should hold or sell ??


  12. Eesha Says:
    June 1st, 2009
    Posted at: 12:50 pm

    Thanks a lot CB for your valuable advices. Too good.

    I may be able to hold on to RenSUG which I bt at 128 for another day or two. Do you think I would be able to book profits in this time or I shud exit now only and take some other stock (as per your advice)


  13. dd Says:
    June 1st, 2009
    Posted at: 12:52 pm

    What to do, enter @ current levels, or wait for a dip?. But to enter @ dips is almost zero chance...


  14. Karan Says:
    June 1st, 2009
    Posted at: 12:52 pm

    Any word on Tata Motor?? what level can we buy it??


  15. CB Says:
    June 1st, 2009
    Posted at: 12:52 pm

    Hi kiran, buy if Nifty stays above 4530 for some time

    Hi stev, hold it for a months time..it will give good returns

    Hi Eesha, most welcome..hold Renuka for some more time


  16. Geetha Says:
    June 1st, 2009
    Posted at: 12:52 pm

    i got hdfc 10@2200. what is the short term target?

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