Quotes with Resistance & Support
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Intraday calls for 04-06-09

Posted on: June 4th, 2009 at 9:18 am

Markets likely to open weak.. Nifty has good support at 4450-4480.

Once markets show signs of recovery buy GMR infra and Biocon.

One may buy GMR infra for short term target of 210.

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556 Responses

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  1. nanda Says:
    June 4th, 2009
    Posted at: 9:09 pm

    SIP - essar oil , HCC, Rajexp, due u think this gives +ive response to invest


  2. TARUN Says:
    June 4th, 2009
    Posted at: 9:13 pm

    hi CB, wat abt Kalindee @ 120 . sell or hold ??


  3. nanda Says:
    June 4th, 2009
    Posted at: 9:15 pm

    Hi I m new to ur site, let me introduce myself i m nanda i have nearly 2 yrs exp in market experiencing a lot technicaly and fundamently. i entered today to site as today is my birthday...


  4. CB Says:
    June 4th, 2009
    Posted at: 9:48 pm

    Hi Anil, GMR infra can touch 210, TV 18 can touch 180.. not sure about Tata steel.

    Hi m, no issues.. its a buy on dips..not cmp

    Hi nanda, buy Essar oil if it crosses 190 tomorrow..above 190 it can touch 210 in short term

    Hi TARUN, its a hold..it can touch 210

    Hi nanda, Happy birthday!!


  5. ibrahim Says:
    June 4th, 2009
    Posted at: 9:53 pm

    hi cb today i got losss bcoz ,yesterday i bought ivrprime qty 300 @ 97.90.... and after buying when i got rply from u , which one was little positive so i sold qty 100 shares @ 95 , after selling this stock touch to high but the good news is, iam holing ivrprime qty 200 shares, now iam sitting in profit of Rs.5 on each share so from now can i hold it with SL 99 for target 125 to 135 or tommoerow exit what ur opinion and today ivrclinfra 100 @ 354 tomorrow in a rally should i exit now Rs.4 profit


  6. HEMACHANDER Says:
    June 4th, 2009
    Posted at: 10:08 pm

    Mr. GEnius,

    sir, i have one question i am holding indiabulls@204.. can u tel me the short term rate of this stock


  7. pseudonym Says:
    June 4th, 2009
    Posted at: 10:24 pm

    hi CB
    Cadila finally got movement but on -ve side..... will this trigger a movement in this dead stock on upside?


  8. sreejith dk Says:
    June 4th, 2009
    Posted at: 10:54 pm

    sir,
    i m holding 1000 shares of spicejet,bought at 30 Rs. what should i do,i am a long term investor


  9. m Says:
    June 4th, 2009
    Posted at: 11:26 pm

    sir v-guard,some people have given buy call and target of 90.do you think it could be reached?this is supposed 2 weeks target.sounds interesting.the scipt is trading at its52 week high.sounds very very interesting.what are your takes on it


  10. CB Says:
    June 4th, 2009
    Posted at: 11:29 pm

    Hi ibrahim, hold IVR for some more time.. IVRCL is also a hold..it can see 380-390

    Hi HEMACHANDER, its a hold.it has some resistacncce at 220..above this it can touch 250


    Hi pseudonym, yes.. hold it for some more time

    Hi sreejith dk, hold it..its a good long term bet..can see 70-80 levels


  11. CB Says:
    June 4th, 2009
    Posted at: 11:30 pm

    Hi m, its run up a lot.. not sure about it


  12. Shah Viral Says:
    June 4th, 2009
    Posted at: 11:34 pm

    Hello Sir
    I bought Sterlight Biotech in 144 * 40 and
    also buy GMR Imfra in 179.80 * 100
    what 's your suggestion ????


  13. CB Says:
    June 4th, 2009
    Posted at: 11:39 pm

    Hi Shah Viral, Sterling Biotech has not yet performed in this rally..not sure why.. hold it as of now.. it has strong support at 128-130 levels..can head upto 160 if markets remain positive.. GMR has a target of 200+ hold it


  14. Sachin Says:
    June 4th, 2009
    Posted at: 11:51 pm

    hi CB, what about unitech
    I have unitech @ 93 it's 200. My target is 150. So it can achieve it or i have to sell it


  15. CB Says:
    June 4th, 2009
    Posted at: 11:57 pm

    Hi Sachin, as of now its a hold. first target is around 110


  16. Sachin Says:
    June 4th, 2009
    Posted at: 11:59 pm

    Also want to invest 10000 more. SO what is appropriate for me. But I didn't want the biggi's. Only small share of max 150. Which one is best for me.

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