Quotes with Resistance & Support
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Intraday calls for 02-09-09

Posted on: September 2nd, 2009 at 9:19 am

Markets likely to see a weak opening.

Sell Sunflag Iron and Steel company at 24, target: 22.80. Stoploss: 24.80

If markets show recovery later during the day, buy: Welspun Gujarat

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664 Responses

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  1. padma Says:
    September 2nd, 2009
    Posted at: 12:17 pm

    CB
    I want to play nifty put/call option. I do not know how to take. will u pls suggest which option to take for this month


  2. sabir Says:
    September 2nd, 2009
    Posted at: 12:17 pm

    Thanks CB,

    Upto what levels max do u see nifty upside?4730-4750?

    If yes, then i guess this time rally it will breach these levels as it pulled back almost thrice from this levels.


  3. CB Says:
    September 2nd, 2009
    Posted at: 12:18 pm

    Hi AR, it looks weak as of now..keep it for couple of months.if possible avg on dips


  4. Mathew Says:
    September 2nd, 2009
    Posted at: 12:18 pm

    CB, I am not thinking of shorting Hindpetro for intraday. As it has run up a bit, can we short Futures Sept series?


  5. H S MEHTA Says:
    September 2nd, 2009
    Posted at: 12:18 pm

    I HAVE BOUGHT IFCI FUTURE @55. SHOULD I HOLD OR BOOK LOSS OR AVERAGE?


  6. Ankur Says:
    September 2nd, 2009
    Posted at: 12:19 pm

    Hi CB, What about Crompton. I have a buy at 310. Is 340 tgt still holds good.


  7. padma Says:
    September 2nd, 2009
    Posted at: 12:19 pm

    sorry not completed. at what level should I take nifty put/call options.pls suggest.


  8. BAPU Says:
    September 2nd, 2009
    Posted at: 12:19 pm

    CB i bought ADSL @ 477 TODAY for intra day
    what should be my target and SL ?
    can i hold short term ?


  9. ksk Says:
    September 2nd, 2009
    Posted at: 12:20 pm

    CB wats the target for essar oil and RCom.. both looking strong from past few days...


  10. CB Says:
    September 2nd, 2009
    Posted at: 12:21 pm

    Hi sabir, yes..maybe 4700 if global market see some bounce.. if it crosses 4750 it can add 50-70 points but selling will come at those levels

    Hi manish, no.dont go short yet. let european markets open

    Hi Arun, it can see 98

    Hi Vipul, as of now hold it for some time.

    Hi somashekhara, around 23.40


  11. CB Says:
    September 2nd, 2009
    Posted at: 12:22 pm

    Hi Mathew, no..not yet

    Hi H S MEHTA, hold it..dont avg it yet

    Hi Ankur, yes.. hold onto it

    Hi padma, below 4580 you can buy 4500 put..sl 4630.as of now no call

    Hi BAPU, it can see 486.. keep sl at 474

    Hi ksk, yes..they can add 7-10% if markets continue to rally


  12. shiv Says:
    September 2nd, 2009
    Posted at: 12:23 pm

    cb/karthik ...


    today's target for suzlon ?


  13. Anil Says:
    September 2nd, 2009
    Posted at: 12:24 pm

    Any new call?


  14. sabir Says:
    September 2nd, 2009
    Posted at: 12:24 pm

    Thanks CB & Mathew,

    Pls ignore my duplicate comment.

    CB, so i will wait


  15. sunil Says:
    September 2nd, 2009
    Posted at: 12:24 pm

    cb how do u expect market to close any chance of cuming down


  16. harsh Says:
    September 2nd, 2009
    Posted at: 12:24 pm

    Hi CB,
    What ur opinion on SONA KOYO for 6-12 months.

    Which one should i go for?
    1.ASHOK Leyland---Buy?
    2.IFCI---BUY? at what price
    3. JPASSOCIATES
    ANY good pick for 6 months

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