Quotes with Resistance & Support
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Intraday calls for 04-08-10

Posted on: August 4th, 2010 at 8:21 am

Markets likely to see a flat opening. Support for nifty is at 5390 and resistance at 5480.

Buy Pidilite Industries Ltd at 138.50, target: 144. Stoploss: 134.30 – (book profit at 143.50)

Trade in small quantities.

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682 Responses

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  1. abhishek Says:
    August 4th, 2010
    Posted at: 9:03 am

    Hi cb...thnx for ur suggestion i missed it..
    pls can u tell me the buy price which i should set for buying one lot today of biocon?
    and once again want to confirm am i doing right by enetring into it?
    just want to assure once..?


  2. CB Says:
    August 4th, 2010
    Posted at: 9:04 am

    Hi shiva, exit partial for now

    Hi ZSAGAR, can see 348

    Hi suzane, Good morning. yes. lets see where it closes today.


  3. CB Says:
    August 4th, 2010
    Posted at: 9:04 am

    Hi Vivek Shah, enter it in small quantity. as of now no new call


  4. CB Says:
    August 4th, 2010
    Posted at: 9:05 am

    Hi abhishek, enter near 320. can see 330-335.


  5. trader Says:
    August 4th, 2010
    Posted at: 9:05 am

    are u still pessimistic on fcs soft that it may even go down further from its current cmp of 2.50rs


  6. CB Says:
    August 4th, 2010
    Posted at: 9:05 am

    Hi trader, its possible if markets turn weak from here.


  7. abhishek Says:
    August 4th, 2010
    Posted at: 9:07 am

    ok cb..will wait for that prcie..thans a lot..
    also one last question to be more confident..how do markets look to u..?
    i mean will it fall if markets go down?


  8. CB Says:
    August 4th, 2010
    Posted at: 9:08 am

    Hi abhishek, may remain a bit flat it seems. good support is at 5350


  9. Ravindra Says:
    August 4th, 2010
    Posted at: 9:09 am

    Dear CB,

    Reuters website says GVK profits would be around 260 Cr in 2011. What could be the Market Price of GVK, then i.e. after say one year or two years?


  10. trader Says:
    August 4th, 2010
    Posted at: 9:10 am

    hi cb ,

    cinemx again went down from 64 to 59 .what to do ,i have shares at 63.95, i thought once it crossed 64 it would go high.


  11. CB Says:
    August 4th, 2010
    Posted at: 9:10 am

    Hi Ravindra, not really sure. its not been performing with the nifty since long now. has strong support lower near 41. can head back to 50-52.


  12. seshu Says:
    August 4th, 2010
    Posted at: 9:10 am

    Do bharti airtel reach 400 in two three months?


  13. CB Says:
    August 4th, 2010
    Posted at: 9:10 am

    Hi trader, yes, hold onto it. can test 65 again


  14. ashish Says:
    August 4th, 2010
    Posted at: 9:10 am

    CB, Can you please give todays target on Apollo Tyres. Holding one lot at 66 since yesterday?


  15. KAVITA Says:
    August 4th, 2010
    Posted at: 9:11 am

    HI CB,
    What will be today`s target for FINOLEX INDUSTRIES holding @87.50


  16. ZSAGAR Says:
    August 4th, 2010
    Posted at: 9:11 am

    Hi CB,
    Do you think its a nice time to Buy Vijayabank put 70 August @ cmp ? If yea , then pls tell me vijayabank Fut downside target !

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