Quotes with Resistance & Support
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Intraday calls for 06-07-10

Posted on: July 6th, 2010 at 8:17 am

Markets likely to open slightly lower. Support for nifty is at 5200 and resistance at 5280

If markets show recovery later during the day, buy: Gujarat State Petronet Ltd

2.06pm – one reason for quite a few midcaps not doing well today is that BSE Midcap index is near strong resistance level of 7200-7220 – A triple top formation. currently trading at 7190. a close above 7220-7230 can trigger a fresh rally in midcaps

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644 Responses

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Comment pages: 91011121314151617Show all

  1. dak Says:
    July 6th, 2010
    Posted at: 10:27 am

    Hi CB - is the resistance for nifty still at 5280? I want to exit nifty calls averaging at 89 - what would be the target?


  2. CB Says:
    July 6th, 2010
    Posted at: 10:27 am

    Hi N Murali, its looking a bit weak. will take some time to recover. tvs can add 2-3rs.


  3. suzane Says:
    July 6th, 2010
    Posted at: 10:28 am

    Hi CB, Plz reply me for 09:34 am querry


  4. CB Says:
    July 6th, 2010
    Posted at: 10:28 am

    Hi dak, yes,resistance is near 5280. hold them for now.


  5. Speculator Says:
    July 6th, 2010
    Posted at: 10:28 am

    ok sure CB, any idea which counter is moving market ?


  6. MAYANK Says:
    July 6th, 2010
    Posted at: 10:29 am

    siji can i short nifty here?


  7. CB Says:
    July 6th, 2010
    Posted at: 10:29 am

    Hi suzane, its a hold for now. hold it for some more time

    Hi Speculator, tcs, sun pharma, axis bank


  8. CB Says:
    July 6th, 2010
    Posted at: 10:29 am

    Hi MAYANK, not yet


  9. N Murali Says:
    July 6th, 2010
    Posted at: 10:30 am

    Thanks CB, Pl adivce me whether to exit Binani cements so that I could
    enter so other stock to recover my losses. If yes, pl suggest some good
    scrip. Thanks again in advance


  10. CB Says:
    July 6th, 2010
    Posted at: 10:31 am

    Hi N Murali, its also fundamentally a good one continue to hold it for now

    Hi VijayK, yes. not sure whats wrong.


  11. N Murali Says:
    July 6th, 2010
    Posted at: 10:32 am

    ok pal.


  12. SAGAR Says:
    July 6th, 2010
    Posted at: 10:35 am

    hi CB,
    I hold Hindpetro CE 440 bought around 44. now cmp = 34.
    Please advice me what should I do on this ?


  13. CB Says:
    July 6th, 2010
    Posted at: 10:36 am

    Hi viji, yes, can see 107


  14. MANOJ Says:
    July 6th, 2010
    Posted at: 10:36 am

    HI CB,
    Essel propack is moving what will be suitable target for exit from it , holding @47


  15. megha Says:
    July 6th, 2010
    Posted at: 10:36 am

    Hi CB How r u? I Had 5 orbitcorp shares for last 1.5 years. broker is sharekhan, but i did not receive any bonus share yet. can i eligible to receive the bonus. if when can i receive it


  16. CB Says:
    July 6th, 2010
    Posted at: 10:36 am

    Hi SAGAR, hold it for now. likely to see an upmove after some consolidation

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