Quotes with Resistance & Support
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Intraday calls for 06-08-10

Posted on: August 6th, 2010 at 8:23 am

Markets likely to open slightly lower. Support for nifty is at 5390 and resistance at 5480

On Intraday dips buy: SKF India around 558-560 with stoploss at 548

Trade in small quantity.

9.05am – buy Phoenix mills at 237, target: 243. Stoploss: 230. – (Book profits at 242-243)

1.44pm – Intraday cum btst – buy GTL infra at 47.60, target: 49.50. Stoploss 45.50. – (If holding in cash, book partial profits at 48.40)

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689 Responses

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  1. CB Says:
    August 6th, 2010
    Posted at: 10:41 am

    Hi Deepak7791, hold onto it. has some resistance near 2180-2200. above this can see 2300

    Hi ReddySWAMI, most welcome

    Hi sureshkk83, can see 134

    Hi ganesh, not sure of entering it now. its rallied quite a bit.


  2. DS Says:
    August 6th, 2010
    Posted at: 10:41 am

    Dear CB,


    Do you think MLL can touch 60 before expiry?


  3. SAI Says:
    August 6th, 2010
    Posted at: 10:41 am

    hi cb,kelly
    good morning

    can u give me IOB target for intraday
    thanks


  4. sriram Says:
    August 6th, 2010
    Posted at: 10:42 am

    hi cb...can unitech see 88 today??..


  5. CB Says:
    August 6th, 2010
    Posted at: 10:42 am

    Hi asha, buy some of pioneer emb

    Hi sourabh, hold it.

    Hi ARAVIND, Good morning. has resistance at 86-87. above this can see 92


  6. Anil Says:
    August 6th, 2010
    Posted at: 10:42 am

    Hi CB, SUNPHARMA not able to cross 1780. Exit or hold for 1790??


  7. Deepak7791 Says:
    August 6th, 2010
    Posted at: 10:42 am

    ok. Any SL or will it reach the levels you mentioned.


  8. sourabh Says:
    August 6th, 2010
    Posted at: 10:43 am

    can i buy Phoenix mills @139 for intraday.... or what is the target & Stop Loss


  9. ganesh Says:
    August 6th, 2010
    Posted at: 10:43 am

    CB: Can I buy IDFC CMP at 183.3 for intraday target of 186


  10. pk Says:
    August 6th, 2010
    Posted at: 10:43 am

    can i enter phoenix mills fori intraday now?


  11. CB Says:
    August 6th, 2010
    Posted at: 10:43 am

    Hi DS, not sure of 60. but can head upto 56

    Hi SAI, can see 127

    Hi sriram, seems a bit unlikely

    Hi Anil, hold onto it

    Hi Deepak7791, no, for now hold it.


  12. CB Says:
    August 6th, 2010
    Posted at: 10:45 am

    Hi sourabh, no, dont make a fresh entry now

    Hi ganesh, yes, strict sl at 182

    Hi pk, no, not now.


  13. Deepak7791 Says:
    August 6th, 2010
    Posted at: 10:45 am

    Thanks a Lot CB for the Patience and instant replies. May god bless you. You have been a moral support even though you are remote. It is like Offshoring our worries to remote support team:)


  14. ReddySWAMI Says:
    August 6th, 2010
    Posted at: 10:45 am

    Mr.CB any time frame for GNFC


  15. pk Says:
    August 6th, 2010
    Posted at: 10:45 am

    anything to enter for intraday?


  16. CB Says:
    August 6th, 2010
    Posted at: 10:46 am

    Hi Deepak7791, :) thanks. you are always welcome

    Hi ReddySWAMI, no. depends on when it manages to cross 125

    Hi pk, no.. nothing new yet.

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