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

    Hi CB, Good Morning,

    All the global indices are in red so the market seems to be opening gap down ?


  2. CB Says:
    August 6th, 2010
    Posted at: 8:43 am

    Hi ram, dont avg it yet. as of now hold it.

    Hi Vijay, Good morning. yes, likely to open 10-20 points lower.


  3. Bull Says:
    August 6th, 2010
    Posted at: 8:43 am

    hi CB, holding orchid chemical, can it see 193+ today in august


  4. Shanthi Says:
    August 6th, 2010
    Posted at: 8:43 am

    Hi CB, can i buy icici bank for intra day ?


  5. Abhishek Says:
    August 6th, 2010
    Posted at: 8:44 am

    cb..sry to bug u again but last question as i want to confirm the figures once..
    shall i keep the entery price as 1752 and exit arnd 1775..for sunpharma
    am i correct …should it be higher or lower..pls tell..
    also is this for intraday or to hold till monday. bcs cannot hold after that so thinking of exiting today itself..


  6. CB Says:
    August 6th, 2010
    Posted at: 8:44 am

    Hi Bull, facing some resistance at 194. above this can see 200


  7. Shereef Says:
    August 6th, 2010
    Posted at: 8:44 am

    Hi CB, Hindalco - Buy or Sell ?


  8. CB Says:
    August 6th, 2010
    Posted at: 8:45 am

    Hi Shanthi, enter lower near 955

    Hi Abhishek, yes, thats right. should be able to exit today


  9. sekhar Says:
    August 6th, 2010
    Posted at: 8:45 am

    good morning CB' sir , any news on sel manufacturing's AGM


  10. ram Says:
    August 6th, 2010
    Posted at: 8:45 am

    i have aegis logistics@510. target please before august


  11. CB Says:
    August 6th, 2010
    Posted at: 8:46 am

    Hi Shereef, its a buy above 168


  12. ARIJIT Says:
    August 6th, 2010
    Posted at: 8:46 am

    Hi CB,
    can shasun be bought at 76-77 lvl. for 2-3 days?


  13. ams Says:
    August 6th, 2010
    Posted at: 8:46 am

    Hi CB,

    Good Morning :)
    Whats your take on HPCL?
    Any short term target?


  14. mahesh Says:
    August 6th, 2010
    Posted at: 8:46 am

    gm chirag,

    how are u doind today?

    i was stuck with jubliant foodworks from a very long time but now its at my bought price 418 .

    what to do hold or exit!

    regards,
    mahesh


  15. Vishal Says:
    August 6th, 2010
    Posted at: 8:46 am

    Hi CB , At what level can we enter ASter Silicates


  16. ram Says:
    August 6th, 2010
    Posted at: 8:47 am

    target for sun pharma in august futures?

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