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. bibhu Says:
    August 6th, 2009
    Posted at: 11:14 pm

    hi cb, target price for rolta in shortterm, holding [email protected]


  2. shiv Says:
    August 6th, 2009
    Posted at: 11:43 pm

    r u online now CB, cb any share to buy 2morrow from rs 1 to rs 300 for intraday to short term adn whts th price should i bet before market open.Please name 5 shares plz. i want o gain now in market . plz suggest as missed lots of opportunities plz


  3. AC Says:
    August 6th, 2009
    Posted at: 11:45 pm

    HI CB...I BOUGHT TATA MOTORS 330@440 YESTERDAY... WHAT TO DO NOW? WILL THE MARKET MOVE FURTHER DOWN AND SHOULD I BUY SOME MORE AND AT WHAT RATE OR WILL THE MARKET BOUNCE BACK IN A DAY OR TWO?


  4. MANOJ Says:
    August 7th, 2009
    Posted at: 12:41 am

    hi cb what about edserv twr can i purchace


  5. CB Says:
    August 7th, 2009
    Posted at: 1:07 am

    Hi bibhu, Rolta has a target of 170 in short term..hold it

    Hi shiv, need to see how asia opens..us is flat.. we will follow asian markets..shall let you know early tomorrow morning

    Hi AC, its witnessing some profit booking. keep it little longer..its a good stock to be invested in..dont buy more at cmp..if we close below 4580 we could see 4500 levels

    Hi MANOJ, no..wait for a 10-15% dip


  6. RLN Says:
    August 7th, 2009
    Posted at: 1:13 am

    Hi CB, Well. What about Rel Infra. I hold 20 at Rs.1220? What should I do?


  7. RLN Says:
    August 7th, 2009
    Posted at: 1:16 am

    I also hold 200 JP Hydro @89.90? Please send your suggestion


  8. CB Says:
    August 7th, 2009
    Posted at: 1:21 am

    Hi RLN, its a hold..its doing well and is likely to see 1400 in coming days

    Hi RLN, hold it for short term..once markets recover it can see 100. if possible add some more on dips in coming days


  9. Nagender Says:
    August 7th, 2009
    Posted at: 1:46 am

    CB.. what are the textile stocks we have to invest in for shortterm as the govt has announced a spl package for this sector


  10. CB Says:
    August 7th, 2009
    Posted at: 1:52 am

    Hi Nagender, they may open gap up..if you can hold for a month or 2 buy Ambika cotton for a target of 110


  11. Nagender Says:
    August 7th, 2009
    Posted at: 2:53 am

    CB.. tomorrow at what price can we buy Ambika cotton. At CMP or on dips?


  12. Sandy Says:
    August 7th, 2009
    Posted at: 6:51 am

    Hi CB, Hi CB, Hi CB, hey CB.


  13. Sri Says:
    August 7th, 2009
    Posted at: 8:10 am

    Hi CB,

    Good Morning,

    Asain Markets have opened in red, where do you see united spirits if it goes down how much downside can it see.


  14. obed Says:
    August 7th, 2009
    Posted at: 8:49 am

    alok can be buy at cmp?


  15. ramsingh Says:
    August 7th, 2009
    Posted at: 8:53 am

    Hai cb!
    Please suggest immediately about Aban Offshore.I hold or exir.I hold 1085 level.Because i have leaveing office on 9 a.m.


  16. CB Says:
    August 7th, 2009
    Posted at: 8:54 am

    Hi Nagender, its a very low volume stock. if you plan to keep it for 2-3 months buy it.. for intraday dont get into textile stocks..i guess they may open gap up

    Hi Sandy, Good morning

    Hi Sri, Good morning.. it has good support between 950-1000 range.. hold it..this is one stock which will do well once markets recover.

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