Quotes with Resistance & Support
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Intraday calls for 05-07-11

Posted on: July 5th, 2011 at 8:32 am

Markets likely to open flat. Resistance for nifty is at 5680 and support at 5610.

Sell Orchid Chemicals & Pharma below 271, target: 266. Stoploss: 276

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419 Responses

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  1. SATISH BHATI Says:
    July 5th, 2011
    Posted at: 3:37 pm

    thank u very much sir
    from
    baadshah


  2. dhiva Says:
    July 5th, 2011
    Posted at: 3:42 pm

    hi cb/kartik,
    sbin rocks up? upper side tgt pls? & possible to come down? pls suggest


  3. Akash Says:
    July 5th, 2011
    Posted at: 3:50 pm

    Hi Kartik, So none of them is good to enter tomorrow in Intraday.. How is GSS America which is down almost 2.5% today. Target 180+ in that.


  4. Rise Says:
    July 5th, 2011
    Posted at: 3:50 pm

    sir holding ITC at 195....where will it go in this week....shud i buy more ?


  5. sanzy Says:
    July 5th, 2011
    Posted at: 4:01 pm

    have bought TataGlobal 110Ce at 2...
    what levles can TataGlobal see by friday


  6. DS Says:
    July 5th, 2011
    Posted at: 4:01 pm

    Dear Kartik,

    How would you rate the market not going above 5640 and not breaking 5600? Looks more stronger than weaker right?


  7. SDM Says:
    July 5th, 2011
    Posted at: 4:25 pm

    Hi...Kartik,

    Any TGT for TATACOFFEE...?

    casn test 870/875 levels tomorrow ?


  8. @ GODSE @ Says:
    July 5th, 2011
    Posted at: 4:33 pm

    When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
    -Warren Buffett


  9. CB Says:
    July 5th, 2011
    Posted at: 4:35 pm

    Hi SATISH BHATI, most welcome

    Hi dhiva, yes. seems can add another 15-20rs tomorrow

    Hi Akash,yes, can add some

    Hi Rise, it can test 202 again

    Hi sanzy, it has resistance at 105-106 levels. seems may remain a bit flat from here for some time

    Hi DS, yes, as of now is holding onto 5600 levels. once global markets turn a bit weak, nifty can correct by 80-100 points

    Hi SDM, yes, can add 12-15rs if markets are a bit positive.


  10. Akash Says:
    July 5th, 2011
    Posted at: 4:44 pm

    Hi CB, Thnx. So shud I buy GSS America for this target or at least 175+ target or buy Aban/ VIP again? Which is best option.


  11. Karthikeyan Says:
    July 5th, 2011
    Posted at: 5:03 pm

    Hi sir, I have gone short in bajaj Auto at 1428 levels 2 lots, what can be the target for bajaj auto.


  12. Rise Says:
    July 5th, 2011
    Posted at: 5:14 pm

    sir also can i enter SEL Manufacturing Company Ltd....what will me 3 months target ??


  13. Kartik Says:
    July 5th, 2011
    Posted at: 5:17 pm

    Hi Akash, no, dont enter them yet, wait for Markets to settle

    Hi Karthikeyan, above 1400 it looks strong, hold it with a SL at 1445

    Hi Rise, it looks weak, avoid it


  14. DS Says:
    July 5th, 2011
    Posted at: 5:19 pm

    Dear CB,


    As of now still hold on to the 5600 Put right?And mostly markets shd correct before Friday right?


  15. @ GODSE @ Says:
    July 5th, 2011
    Posted at: 5:21 pm

    KNR Constructions has bagged order worth Rs 5.80 billion from Sadbhav Engineering.


  16. DS Says:
    July 5th, 2011
    Posted at: 5:22 pm

    Dear Kartik,


    Shd i buy any call {Stock or nifty} to hedge my Nifty Puts?

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