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. dheeraj jain Says:
    August 6th, 2010
    Posted at: 3:23 pm

    hi cb i just brought tanla @ 30 shall hold or sell


  2. Ani Says:
    August 6th, 2010
    Posted at: 3:23 pm

    Missed the bus to sell DCM @ 89.90. My purchase rate is 87/ for intraday.
    Converted it to delivery. What would be the price on Monday pl suggest pal


  3. sudheer Says:
    August 6th, 2010
    Posted at: 3:23 pm

    Hi CB, what to do with SELMCL, holding bulk qty @ 62 levles, everyday going down. Please help me.Thanks in advanc.


  4. prince Says:
    August 6th, 2010
    Posted at: 3:24 pm

    and i have long jindalstel future @629


  5. ZSAGAR Says:
    August 6th, 2010
    Posted at: 3:24 pm

    Hi CB, Vijayabank can see some more consolidation on moday to a level of 73 ?


  6. Vivek Shah Says:
    August 6th, 2010
    Posted at: 3:24 pm

    GTL infra hold ? bought @ 47.2


  7. Deepak Says:
    August 6th, 2010
    Posted at: 3:25 pm

    Hi CB,

    Please let me know the entry level for Maruti.

    Thanks.


  8. Investor Says:
    August 6th, 2010
    Posted at: 3:25 pm

    why the IFCI is falling sir? any Idea? one should enter or exit?


  9. LEO Says:
    August 6th, 2010
    Posted at: 3:26 pm

    Hi CB,

    Can we book profit in GTL ..


  10. AJ Says:
    August 6th, 2010
    Posted at: 3:26 pm

    Hi CB,
    Wockhard is down to 157 today...should I continue to hold or square off?


  11. Vivek Shah Says:
    August 6th, 2010
    Posted at: 3:27 pm

    where is CB ? :confused: about GTL


  12. raj Says:
    August 6th, 2010
    Posted at: 3:27 pm

    can i buy RIL for a month???


  13. CB Says:
    August 6th, 2010
    Posted at: 3:27 pm

    Hi prince, exit from it for nw

    Hi Kelly, most welcome

    Hi dheeraj jain, yes, its a hold

    Hi Ani, yes, continue to hold it

    Hi ZSAGAR, yes, hold it for now

    Hi Vivek Shah, book partial

    Hi Investor, yes, some news on it. lets wait till monday to enter it

    Hi LEO, book partial


  14. Ani Says:
    August 6th, 2010
    Posted at: 3:28 pm

    sorry to disturb u again boss. Monday's target for DCM since I've to settle my
    broker.


  15. CB Says:
    August 6th, 2010
    Posted at: 3:29 pm

    Hi AJ, yes, continue to hold it

    Hi Vivek Shah, just replied above

    Hi raj, not yet.


  16. Subhashis Says:
    August 6th, 2010
    Posted at: 3:29 pm

    Should I enter Varun Shipping at CMP

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