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. Deepak Says:
    August 8th, 2010
    Posted at: 10:45 pm

    Thanx CB, Pls suggest me tgt & sl of VLS finance.


  2. CB Says:
    August 8th, 2010
    Posted at: 10:47 pm

    Hi Deepak, can see 22. keep sl at 16.50


  3. vintel Says:
    August 8th, 2010
    Posted at: 10:51 pm

    hai cb wats the tomorrow target of ramsarup and i have 25k to invest please any 3 stock


  4. CB Says:
    August 8th, 2010
    Posted at: 10:52 pm

    Hi vintel, can see 112. for short term buy maxwell ind for now in small quantity. looks good.


  5. Ravi Says:
    August 8th, 2010
    Posted at: 10:54 pm

    Balmer Lawrie and Company, on every year of september month the company is giving dividend, now next month also company will give dividend i think so, if i enter tomorrow i will also eligible for dividend


  6. CB Says:
    August 8th, 2010
    Posted at: 10:57 pm

    Hi Ravi, But this time they gave it early in July. 230% dividend. I am not sure if they will go ahead and give it in September too. you may enter in small quantity for now.


  7. Ravi Says:
    August 8th, 2010
    Posted at: 10:58 pm

    I am holding DS Kulkarni at 77, what is the target for 1 month, or it will go down what is the stop loss


  8. san Says:
    August 8th, 2010
    Posted at: 11:00 pm

    i'm holding relinfra 1150ce at 25 wat is ur view of the stock..wat levels can it see in near future


  9. Deepak Says:
    August 8th, 2010
    Posted at: 11:02 pm

    CB, One of my friend giving a tip for Sesa Goa buy abv 368 sl 360 tgt 395/400 CMP 364.40
    Can we enter in this stock?


  10. CB Says:
    August 8th, 2010
    Posted at: 11:03 pm

    Hi Ravi, it can head upto 83. hold it for short term. has good support at 68-70

    Hi san, yes, its near strong support level at 1090-1100 (200dma). its likely to see a bounce from here. hold it.


  11. CB Says:
    August 8th, 2010
    Posted at: 11:04 pm

    Hi Deepak, it faces strong resistance at 370-375.would advice to enter it once crosses 375.


  12. sureshkk83 Says:
    August 8th, 2010
    Posted at: 11:09 pm

    sir i am holding essar oil at 132.75
    please say any target


  13. Ravi Says:
    August 8th, 2010
    Posted at: 11:13 pm

    On friday Octant Interactive Technologies Ltd. closed at 12, i am holding at 16, at what can i exit, or it will go above 16 what is the target


  14. Ravi Says:
    August 8th, 2010
    Posted at: 11:14 pm

    On friday Octant Interactive Technologies Ltd. closed at 12, i am holding at 16, at what price can i exit, or it will go above 16 what is the target


  15. CB Says:
    August 8th, 2010
    Posted at: 11:27 pm

    Hi sureshkk83, is facing some resistance at 132. above this can see 137

    Hi Ravi, yes, can see 14-15. hold it.


  16. DS Says:
    August 8th, 2010
    Posted at: 11:27 pm

    Hi CB,


    Still holding Punj, Ashok Leyland, and MLL....are targets of 140, 76 and 56 still valid?

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