Quotes with Resistance & Support
Market Information

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. sunit Says:
    August 6th, 2009
    Posted at: 2:57 pm

    Hi CB, any idea abt indus fila... Wht to do ??? book profit or hold....


  2. DS Says:
    August 6th, 2009
    Posted at: 2:57 pm

    All,


    In this falling market any stocks to short? or for BTST?


    Warm Regards,

    DS


  3. Ramesh Says:
    August 6th, 2009
    Posted at: 2:59 pm

    nifty 4620 broken, can we short sell anything?????????


  4. hitesh Says:
    August 6th, 2009
    Posted at: 3:00 pm

    CB I AM HAVING 4700 PUT 200 @168 WHT TO DO


  5. abs Says:
    August 6th, 2009
    Posted at: 3:03 pm

    hello everyone..united spirits is falling like anythg? suggest wht to do?


  6. Sri Says:
    August 6th, 2009
    Posted at: 3:16 pm

    Please advice whether to hold united spirits or book loss now itself


  7. Deepak7791 Says:
    August 6th, 2009
    Posted at: 3:17 pm

    Is Onmobile fundamentally strong share?. It has come down from 600 levels to 500 in just two days. How long do you think I should hold and exit at?


  8. GAURAV Says:
    August 6th, 2009
    Posted at: 3:29 pm

    any btst call


  9. raj kamal Says:
    August 6th, 2009
    Posted at: 3:32 pm

    i lost 16000 rs today very very bad day for me? i m not getting what to do ?


  10. Rags Says:
    August 6th, 2009
    Posted at: 4:19 pm

    What hapnd Raj? Did u book losses?


  11. Pankaj Says:
    August 6th, 2009
    Posted at: 4:33 pm

    hi CB, what's ur opinion for tomrw? i am holding call 4700 nifty aug expiry, what strategy do u suggest for tmw? thanx.


  12. hitesh Says:
    August 6th, 2009
    Posted at: 6:09 pm

    hi cb wht should be strategy to trade now
    today i bougjt 4700 put at 167 and booked preofit at 231
    and i am holding 1500 hare of vishal info
    today i bought call of 4600 at 151 what should i do please advice me


  13. Kartik Says:
    August 6th, 2009
    Posted at: 6:17 pm

    Hi Pranjal, hold United spirits for short term, it looks good technically

    Hi sunitha, Bounus shares of Vishal Info will be credited to you a/c in a week or so

    Hi Sri, it can see 1050+ levels by tomorrow, if markets remain positive

    Hi sunit, its a very small company, posting profits in Lacs, I would advice to stay away from it as it looks a weak company

    Hi akansha, Ispat Ind is a good stock fundamentally, hold on to it

    Hi ndp, as of now none, Vishal Info is active right now

    Hi Ramesh, Sorry was not online after 1pm du to net connectivity issues

    Hi Nithin, hold Voltas for Short term, it faces some resistance arund 147-149 levels, above this it can do well

    Hi RK, hold it Alok Ind, yes you are elligble for the Divident of the company

    Hi jigar, Murudeshwar Ceramics Ltd posted loss this quarter, hold it for Mid term, exit on any rise. United spirits looks good Technically and can give a good boucne soon

    Hi Sharad, hope you made good profits in Hindalco

    Hi sib, Assume that you had bought 2 shares of Vishal Info at 28.8, total is 57.60, now 57.60/3=19.20, 19.20 is your price of 1 share of Vishal Info that you are currently holding. Now the CMP of the stocks 20.90, so you are in Profit of 5.10rs total, 1.7rs per share. Hold on to it for 2-3 days more

    Hi Pranjal, Not sure about NHPC IPO

    Hi sunit, Its a good company Funda-mentally, hold it for Short term

    Hi vini, Renuka sugars is a good bet for Short/Mid term as compared to GSS America

    Hi simran, Some profit booking bought the market down

    Hi sunit, I remember giving this stock call at 22, CMP being 26.50, Its a strong company fundamentally, I would advice to hold for short term

    Hi abs, Hold it, United Spirits looks good Technically

    Hi Deepak7791, its Onmobile is a good companey fundamentally, Hold it for Short/ Mid term. This company has shown good growth over the last 3-4 years

    Hi Pankaj, I would advice to hold your 4700 call, Some profit booking was expected. Hold it with at SL of 4480 on Nity


  14. Prem Says:
    August 6th, 2009
    Posted at: 6:21 pm

    Hi..I have 300@165 rs of core project stocks...Can i book loss tommorrow or hold...i cannot wait for more than 5 days..


  15. abs Says:
    August 6th, 2009
    Posted at: 6:25 pm

    Thanks Kartik


  16. a4amit2 Says:
    August 6th, 2009
    Posted at: 6:26 pm

    hello what is the market likely to be tomorow? When do you expect it to go up again?
    I bought tata motors @ 440 yesterday...what to do now? it is at 420 now...will it go further down?

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