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Intraday calls for 02-07-10

Posted on: July 2nd, 2010 at 8:25 am

Markets are likely to trade flat today, strong support at 5180

Buy Ranbaxy Laboratories at 460, Target: 468, SL 453

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722 Responses

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  1. gitanjali Says:
    July 5th, 2010
    Posted at: 6:55 am

    Hi suzane, that was meant for you ..by mistake clicked cb, please do not worry..we r all in the same boat.. i too have plenty of losses to recover ..it unnerves me .. sometimes I feel I shd give up ..
    Besides CB shall take special care of you


  2. vishaldel Says:
    July 5th, 2010
    Posted at: 7:20 am

    hi cb karthik... Good morning... How do you see today's mkt.... I am holding icici fut short... Recommend the cover level


  3. S.MAHESH Says:
    July 5th, 2010
    Posted at: 7:38 am

    Good Morning,
    For compulsive traders who are ready to take RISK.
    INTRADAY CALL - for July,05,2010.
    Short BHEL below 2396,stop loss 2411.10, targets - 2375.10,2360.70.
    Short HCLTECH below 354,stop loss 357, tatgets - 349.20,347.40,344.70.
    Buy CHENNPETRO above 262, stop loss 259, target - 266.270.
    NIFTY remarks & levels -
    On chart looks bearish.
    SMA of 3,5,& 9 day's - 5267,5278/10,5291/10
    PP - 5256/65
    Resistance - 5267,5298,5328
    Support - 5216,5195,5164
    With Regards
    SM


  4. aKs Says:
    July 5th, 2010
    Posted at: 7:52 am

    Hi suzane,

    Market should hold at current levels....


  5. CB Says:
    July 5th, 2010
    Posted at: 7:53 am

    Hi Kb, they just wanted to place a add for couple of months

    Hi Ram k ahuja, shall post in 15-20 min

    Hi arun bj, ok

    Hi LEO, Good morning. seems may remain a bit flat. markets dont really seem to be doing much

    Hi gitanjali, Good morning..

    Hi vishaldel, Good morning. cover it near 820-825 levels..


  6. CB Says:
    July 5th, 2010
    Posted at: 7:53 am

    Hi S.MAHESH, Good morning.


  7. CB Says:
    July 5th, 2010
    Posted at: 8:15 am

    Hi gbhat, Good morning. thanks for your kind comments.. God bless you


  8. vishaldel Says:
    July 5th, 2010
    Posted at: 8:16 am

    thanks cb, can we see 820-825 today?


  9. CB Says:
    July 5th, 2010
    Posted at: 8:18 am

    Hi vishaldel, most welcome. yes. can see it today.


  10. Anil Says:
    July 5th, 2010
    Posted at: 8:20 am

    GM CB and All,

    Holding 5200 PE @ 87 and IDEA 60 CA @ 2.10. P;s advise to exit.


  11. CB Says:
    July 5th, 2010
    Posted at: 8:22 am

    Hi Anil, Good morning. hold them for now. nifty has some support near 5200. below this can see 5170. idea is facing resistance at 200dma of 60.for now hold it


  12. Anil Says:
    July 5th, 2010
    Posted at: 8:29 am

    Hi CB, Thanks CB,
    Can i exit 5200 PE if it come to 100??


  13. CB Says:
    July 5th, 2010
    Posted at: 8:32 am

    Hi Anil, yes..


  14. LEO Says:
    July 5th, 2010
    Posted at: 8:41 am

    Hi CB,

    Shall we wait for a week time for market to recover again to 5350 lvls ....


  15. CB Says:
    July 5th, 2010
    Posted at: 8:46 am

    Hi LEO, not sure of 5350 yet. for now hold stocks. has good support near 5200

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