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. Geetha Says:
    August 6th, 2010
    Posted at: 8:37 am

    Can i buy Tulip Telecom, Amtek Auto


  2. piyush Says:
    August 6th, 2010
    Posted at: 8:37 am

    hello sir what is the target of rpower for next 2 week


  3. smh Says:
    August 6th, 2010
    Posted at: 8:37 am

    CB, WHAT DO WE DO WITH AURO FUT BT @ 977 CAN I TRADE IN THAT PLS GUIDE ME SOME LEVELS TO TRADE OR EXIT FROM THAT COUNTER PLS HELP


  4. CB Says:
    August 6th, 2010
    Posted at: 8:37 am

    Hi Vishal, yes, hold it. technically looks good. can see a bounce from here

    Hi mayank, can see 1255

    Hi Rohit, no, don't go short on them yet. looking good

    Hi LEO, no, technically looks good. can add some more

    Hi ARIJIT, entry near 560. can see 575


  5. stalin Says:
    August 6th, 2010
    Posted at: 8:37 am

    hai mate good morning..how abt AIA engg....im holding for a long time...it has come down a lot...im in heavy loss...how much long should i hold these


  6. Ravi Says:
    August 6th, 2010
    Posted at: 8:38 am

    how is GlaxoSmithKline Pharmaceuticals Ltd for intraday, can i buy, what is the target for today


  7. Kranthi Says:
    August 6th, 2010
    Posted at: 8:39 am

    CB Sir,
    Good Morning.

    How is IndiaInfoline ? What is the target for 1 week ? CMP = 97.25


  8. CB Says:
    August 6th, 2010
    Posted at: 8:39 am

    Hi Rikin, seems may remain a bit flat today

    Hi shrikanth, above 180 can see 188

    Hi Geetha, enter tulip in small quantity for now

    Hi piyush, has support at 156, can see 164

    Hi stalin, Good morning. has support at 360. if holds onto it, can see a bounce from here.


  9. Shanthi Says:
    August 6th, 2010
    Posted at: 8:39 am

    Hi CB, can i buy TATA MOTORS for intra day at 861. what is the target price ?


  10. zsagar Says:
    August 6th, 2010
    Posted at: 8:40 am

    Hi CB, Target for IDFC Fut today ? Will it go down more if market goes downside ? I bought IDFC Fut @ 185. Pls tell me todays High ?


  11. CB Says:
    August 6th, 2010
    Posted at: 8:41 am

    Hi Ravi, yes, one can enter with strict sl at 1990. can add 15-20rs

    Hi Kranthi, good morning. can head upto 102

    Hi Shanthi, has resistance at 870-880. dont enter it yet.


  12. ARIJIT Says:
    August 6th, 2010
    Posted at: 8:41 am

    Hi CB, k, thanks, can axis bk see 1340 lvl. by wenesday next week?


  13. Shanthi Says:
    August 6th, 2010
    Posted at: 8:42 am

    Hi CB, thanks


  14. CB Says:
    August 6th, 2010
    Posted at: 8:42 am

    Hi zsagar, has strong support at 182. if holds it, can bounce back to 188-190


  15. CB Says:
    August 6th, 2010
    Posted at: 8:42 am

    Hi ARIJIT, yes. hold it. is in a uptrend

    Hi Shanthi, most welcome.


  16. ram Says:
    August 6th, 2010
    Posted at: 8:42 am

    i have astersilicates @120 cmp is 100, can i average or hold or sell?

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