Quotes with Resistance & Support
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Intraday calls for 05-07-10

Posted on: July 5th, 2010 at 8:17 am

Markets likely to open slightly lower. Support for nifty is at 5200.

If markets show recovery later during the day, buy: Torrent Power. – (book profits at 370)

10.30am – buy Canara bank at 456, target: 463. Stoploss: 450.

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587 Responses

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Comment pages: 141516171819202122Show all

  1. Ram Says:
    July 5th, 2010
    Posted at: 11:55 am

    Hello Nalls

    How European markets are expected to open ?


  2. luckvijjay Says:
    July 5th, 2010
    Posted at: 11:56 am

    sirji can i short nifty i here?


  3. CB Says:
    July 5th, 2010
    Posted at: 11:56 am

    Hi luckvijjay, not yet. let it break support at 5200


  4. RAVI Says:
    July 5th, 2010
    Posted at: 11:57 am

    have SELMCL 550 @ 78..can i avg now?pls tell me the avging price and short term target....


  5. ONKAR Says:
    July 5th, 2010
    Posted at: 11:57 am

    i am short in nifty@ 5242 &bank nifty@9385 plz suggest


  6. CB Says:
    July 5th, 2010
    Posted at: 11:58 am

    Hi RAVI, avg if comes down to 55-57


  7. ashi Says:
    July 5th, 2010
    Posted at: 11:58 am

    hi cb i am holding dhampur sugar @63.3 what is its future for a week? why is it not moving up?


  8. DS Says:
    July 5th, 2010
    Posted at: 11:58 am

    Hi CB,

    When should i exit R power? Have some 25 nos only at the IPO + bonus issue….if too much upside isnt expected now…..shd I exit now?


  9. CB Says:
    July 5th, 2010
    Posted at: 11:58 am

    Hi ONKAR, they are a hold. selling pressure will come in once nifty breaks 5200

    Hi ashi, its a hold. sugar stocks are likely to do well in near term.


  10. shrikanth Says:
    July 5th, 2010
    Posted at: 11:59 am

    Hi CB,

    Any stock to enter? YesBank or CanBK?


  11. CB Says:
    July 5th, 2010
    Posted at: 11:59 am

    Hi DS, continue to hold it for med/long term. likely to do well


  12. CB Says:
    July 5th, 2010
    Posted at: 11:59 am

    Hi shrikanth, enter canbk near 456.


  13. Rajat Says:
    July 5th, 2010
    Posted at: 12:02 pm

    HI CB,

    i have icici bank @870\-. buy 28/06/10 .Am I entitled for the devinded or not please tell.

    Regards
    Rajat Bhatia


  14. RAVI Says:
    July 5th, 2010
    Posted at: 12:02 pm

    any good scrips to buy for short or med term....have 15K ...or its better to avg SELMCL?pls advice


  15. Jitendra Says:
    July 5th, 2010
    Posted at: 12:02 pm

    Hi CB,

    I am Holding 2 lots of 5300 PE July @ Rs 97/-.

    What is your view on this contract do you ask me to hold on to it ? or quit now ?

    Thanks,


  16. DS Says:
    July 5th, 2010
    Posted at: 12:02 pm

    Dear CB,


    I have entered into STC at 437, Bombay Dyeing at 497 and Punj @ 135. But they have all fallen a bit now. Though these are intra day calls....i can hold them for the next 2-3 days on margin money. Please suggest whether to hold or exit??

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