Quotes with Resistance & Support
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Intraday calls for 06-08-09

Posted on: August 6th, 2009 at 9:19 am

Markets likely to open flat. Nifty has strong resistance at 4730 and support at 4620.

Stocks to watch for breakout:
Buy Voltas above 147, target: 153. Stoploss: 144.50
Buy Glenmark Pharma above 276, target: 288. Stoploss: 272.

If markets show weakness later during the day, sell: Hindalco Industries.

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394 Responses

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  1. Sharad Says:
    August 6th, 2009
    Posted at: 12:51 pm

    CB.. ur suggestion on Hindalco please?


  2. sunitha Says:
    August 6th, 2009
    Posted at: 12:52 pm

    hi vivek

    i have 820 shares of vishal info @ 29.my bonus shares - 410
    As u said, my avg.price comes around 19.33
    but karthik says avg. price is 21.65?
    thats why i am confused.
    Which avg.price is correct?i dont know how karthik arrived @avg. price of 21.65


  3. sadesh Says:
    August 6th, 2009
    Posted at: 12:52 pm

    have bought satyam @113...shd i exit now to minimise loss?


  4. Nascar Says:
    August 6th, 2009
    Posted at: 12:55 pm

    Hi CB!!!!!!!!!!

    Alok Text is on a rise today...Can u please suggest tat wats the resistance level for it????
    Where can it go from this level???


  5. ashhish Says:
    August 6th, 2009
    Posted at: 12:56 pm

    what abt punjlloyd?
    is it a buy at cmp?


  6. Sumit Says:
    August 6th, 2009
    Posted at: 12:59 pm

    hi cb,
    i had arvind at 31 from last 2 months. today it is 7% up to 29.60.. should i exit now in little loss


  7. Vivek Shah Says:
    August 6th, 2009
    Posted at: 1:00 pm

    Hi sunitha, my solution is right, he may have some error. as shares increase by 1.5, price should be 0.66 , thats maths rule.


  8. Atul Says:
    August 6th, 2009
    Posted at: 1:02 pm

    Hi CB I bought Sterbiotech at 119 should I hold or sell it?


  9. sunitha Says:
    August 6th, 2009
    Posted at: 1:05 pm

    can we able to sell vishal info shares today or tom since it locked in upper circuit?


  10. Vishnu Says:
    August 6th, 2009
    Posted at: 1:08 pm

    skumar up Rs 2.5 any good news?


  11. Sanjay Says:
    August 6th, 2009
    Posted at: 1:09 pm

    hey any midcap stock for intraday???


  12. Vivek Shah Says:
    August 6th, 2009
    Posted at: 1:13 pm

    Hi sunitha, put your sell order if possible, as some trading is still happen,


  13. sunitha Says:
    August 6th, 2009
    Posted at: 1:15 pm

    i cant sell it today since it hasnt come to my demat.i bought on 4th aug.
    how many days it will be in upper circuit


  14. naresh Says:
    August 6th, 2009
    Posted at: 1:17 pm

    what do u feel about essar oil buyd @ 184.20 what would u suggest


  15. Manish Says:
    August 6th, 2009
    Posted at: 1:17 pm

    We all are in profits in Vishal info.

    if we had 1000 @29 total amount is = Rs.29000
    now after split we will have 1500 shares and the rate now is 20.90, total amt now is = Rs.31350

    as of today we are in profits of rs. 2500 and stock is likely to hit upper circuits for 2-3 days.


  16. Pranjal Says:
    August 6th, 2009
    Posted at: 1:19 pm

    HI

    UNITDSPR . . . I bought @ 1048. Any hopes of this script recovering in the near future ?? In case Yes, What price do u think I should sell @ ??

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