Quotes with Resistance & Support
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Intraday calls for 03-09-10

Posted on: September 3rd, 2010 at 8:26 am

Markets likely to open flat, strong resistance at 5510.

Buy Nestle around 3130, Target: 3160, SL 3110

12.24pm – buy DrReddy at 1393, target: 1415-1420. Stoploss: 1375

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681 Responses

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  1. CB Says:
    September 3rd, 2010
    Posted at: 9:41 pm

    Hi rishpal, no, looking a bit weak

    Hi jeffy, hold them for now. fortis will do well once crosses 162

    Hi arun bj, no issues

    Hi Priyanka, hmm..

    Hi JIGS, buy some of subros above 54.50


  2. CB Says:
    September 3rd, 2010
    Posted at: 9:43 pm

    Hi Shivani, its facing resistance at 41 levels. above this can see 46-48. for now exit form it. enter once crosses 41.


  3. Nascar Says:
    September 3rd, 2010
    Posted at: 9:46 pm

    Cb sir!!!

    Do you think that todays unemployment data will help nifty to cross 5550...Please suggest..

    Regards!!


  4. arun bj Says:
    September 3rd, 2010
    Posted at: 10:08 pm

    hi cb had your dinner. . . ? . Cb mostly which stock ll give a good return's . . . . I asked . .Near support level . . . Or . . Above . . 70 Rsi. . For . . 5 to 10 days period . . . .


  5. Kartik Says:
    September 3rd, 2010
    Posted at: 10:28 pm

    Hi Nascar, not likely to have a effect on Indian Markets, since we've already outperformed them in the past 1 months, Technically next resistance stands at 5510, above which we could do well

    Hi arun bj, it depends, if a company is strong fundamentally, then its a good buy at its strong support levels, the period for which a stock may have a RSI above 70 or below 30 can range from a few days to weeks


  6. arun bj Says:
    September 3rd, 2010
    Posted at: 10:42 pm

    hi kartik .. what price can i enter fcs for long term .. when i use ichimoku cloud .. its showing ,.last 7 months . its trading below the cloud only .. can i wait 1 or 2 months ... ? ...


  7. Kartik Says:
    September 3rd, 2010
    Posted at: 10:46 pm

    Hi arun bj, yes, dont enter it yet, wait for some time


  8. vishal Says:
    September 3rd, 2010
    Posted at: 10:48 pm

    Hi Chirag, How is JCTele for long term


  9. arun bj Says:
    September 3rd, 2010
    Posted at: 11:09 pm

    cb as per my view .. ican enter .. gic housing for short term .. can i enter monday ...


  10. Aman Says:
    September 3rd, 2010
    Posted at: 11:22 pm

    GUD NITE BRO..>> SLEEP WELL..>>


  11. pankaj Says:
    September 3rd, 2010
    Posted at: 11:30 pm

    hi kartik, pls tell wht tgt shall i look for in sujana towers in short term?? thanx.


  12. VijayK Says:
    September 4th, 2010
    Posted at: 12:20 am

    Kartik / CB....

    How do you see UniPhos and LITL on Monday? will UniPhos move above this time above 200....it's trying for past 2 months but not able to succeed....


  13. suzane Says:
    September 4th, 2010
    Posted at: 12:21 am

    Hi Kartik, Hi CB,
    Is thier any way to keep a watch on the list of shares which is moving up and down percentage wise in intraday and live running with the market .. I mean ascending or decesnding order ( percentage wise )


  14. VijayK Says:
    September 4th, 2010
    Posted at: 12:22 am

    Kartik / CB...
    Is this news on Hindalco going to have any impact on Monday?

    "Aditya Birla Group flagship company Hindalco has drawn-up a Rs.21,000-crore capital expenditure plan for the next two years even as its promoters are looking at increasing their stake in the company in the current fiscal"


  15. CB Says:
    September 4th, 2010
    Posted at: 2:09 am

    Hi vishal, no, not really sure about it

    Hi arun bj, no, don't enter it yet

    Hi Aman, Good night.. swt dreams

    Hi pankaj, can see 71

    Hi VijayK, litl can see 73. uniphos can see 189. not sure how the news could affect hindalco

    Hi suzane, no, not sure where we can get the list form


  16. nv Says:
    September 4th, 2010
    Posted at: 8:35 am

    Hi CB/Others,

    I am a newbie in F&O ( Not traded any) , i have a query.

    If I am holding one lot of Call Option of Unitech @ 85 and at date of expiry the price is 83.

    If i excercise the option , will I have to buy the shares of Unitech at 85 in cash or will I get the amount (after squaring my buy position) ?

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