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. shirish Says:
    August 6th, 2010
    Posted at: 12:11 pm

    hi CB , can i short nifty for intraday @5465


  2. Subhashis Says:
    August 6th, 2010
    Posted at: 12:13 pm

    HI CB, Is REI AGRO and REI SIX TEN are from the same promoter group? REI SIX TEN IS up 20% today, is there any chance of REI AGRO to go up by 20% today ?


  3. ssn Says:
    August 6th, 2010
    Posted at: 12:20 pm

    hi CB,

    what is the target for Unitech today?

    Thanks


  4. Ravi Says:
    August 6th, 2010
    Posted at: 12:39 pm

    I have taken Indiabulls Financial Services Ltd at 165.00 for intraday, what is the target for today


  5. ashok khiara Says:
    August 6th, 2010
    Posted at: 12:45 pm

    Rally in midcap IT companies extends further, Rolta India up 1.8% at Rs 179, Mphasis up 1.5% at Rs 630


  6. sriram Says:
    August 6th, 2010
    Posted at: 12:50 pm

    hi cb..tgt of ifci..govt mulling conversion of debentures into equity.,..wats the impact on the stock??


  7. stalin Says:
    August 6th, 2010
    Posted at: 12:51 pm

    hai mate..whts the target for jswsteel for the day..


  8. Lalith Says:
    August 6th, 2010
    Posted at: 12:58 pm

    Suzlon has become the worst stock of these times, unable to sustain 60s levels, badly stuck investment in it, please suggest if there is any better hope or we better quit here....


  9. vijay Says:
    August 6th, 2010
    Posted at: 1:11 pm

    Hi, About IOB is it hold, buy or sell.
    What is your view about Geojit BNP -Can we buy for mid term?


  10. ashok khiara Says:
    August 6th, 2010
    Posted at: 1:23 pm

    Garware Polyester soars on robust Q1 numbers


  11. CB Says:
    August 6th, 2010
    Posted at: 1:30 pm

    Hi vijay, its a hold. can see 128..


    just came online


  12. Ravi Says:
    August 6th, 2010
    Posted at: 1:31 pm

    I have taken Indiabulls Financial Services Ltd., at 165.00 for intraday, what is the target for today


  13. CB Says:
    August 6th, 2010
    Posted at: 1:32 pm

    Hi Ravi, its a hold. keep sl at 162. can recover a bit if markets remain good.


  14. ashok khiara Says:
    August 6th, 2010
    Posted at: 1:32 pm

    BGR Energy, Japan's Hitachi to announce JV: source


  15. N Murali Says:
    August 6th, 2010
    Posted at: 1:34 pm

    There are rumours of govt. mulling Debentures into equity. Is it true? If in the
    affirmative, what would IFCI head to ?


  16. madhu Says:
    August 6th, 2010
    Posted at: 1:34 pm

    hi m holdin 5500 put at 98.. wat 2 do?.

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