Quotes with Resistance & Support
Market Information

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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Comment pages: 67891011121314Show all

  1. Geetha Says:
    August 6th, 2010
    Posted at: 9:14 am

    Can i buy Polaris & mahindra forge. AT what price?


  2. Gitanjali Says:
    August 6th, 2010
    Posted at: 9:14 am

    Hi CB, ok ..Thanks a lot again .. may I kindly have the target plz?


  3. CB Says:
    August 6th, 2010
    Posted at: 9:17 am

    Hi N.Latha, no, not sure about this one

    Hi Deepak7791, results are good. should do well in near term

    Hi AJ, can see 730 in short term.

    Hi Vivek Shah, no, dont enter it yet


    Hi preeti, yes, book partial only

    Hi Anil, yes, lets hold till 3

    Hi KMines, no, dont enter it yet.


  4. ssn Says:
    August 6th, 2010
    Posted at: 9:17 am

    Hi CB,

    GM...
    I have unitech [email protected] or sell?
    Thanks


  5. abs Says:
    August 6th, 2010
    Posted at: 9:17 am

    hello CB, gud mrg. amarjothi is still not moving..it opnened @ 59.10..do u think it can reach to my price in a day or two or else i shd book loss?


  6. CB Says:
    August 6th, 2010
    Posted at: 9:18 am

    Hi Geetha, no, don't enter them yet

    Hi Gitanjali, most welcome. can see 56


  7. preeti Says:
    August 6th, 2010
    Posted at: 9:18 am

    Hi CB, thankyou..


  8. prateek Says:
    August 6th, 2010
    Posted at: 9:18 am

    hi cb what abut vijaya bank how much trgt for today?and do i have hold ths


  9. Anil Says:
    August 6th, 2010
    Posted at: 9:19 am

    Hi CB, Thanks. Pls advise tgt to exit...


  10. S.Kumar Says:
    August 6th, 2010
    Posted at: 9:19 am

    Hi CB,
    Nakoda Ltd. short term target pls


  11. Kelly Says:
    August 6th, 2010
    Posted at: 9:20 am

    Hi Vivek Shah,
    A very good company, buy in small qty, got good support at 485,480. Small qty for u have to ready buy further if it breaks 480.


  12. Jayapal Says:
    August 6th, 2010
    Posted at: 9:20 am

    Dear Karthik,

    Can I buy Tilak Nagar Industries 2day and any up move you see in this counter.


  13. CB Says:
    August 6th, 2010
    Posted at: 9:20 am

    Hi ssn, book partial for now

    Hi abs, Good morning. yes, lets hold it. technically should see a bounce from here

    Hi preeti, most welcome

    Hi prateek, book profit for now. facing selling pressure above 75

    Hi Anil, around 1780-1790


  14. rakesh Says:
    August 6th, 2010
    Posted at: 9:20 am

    cb............i shorted ABB this months futures @776 as u told. wat should be the stoploss for it ?


  15. Anil Says:
    August 6th, 2010
    Posted at: 9:21 am

    Hi CB, Thanks.. Hope I can exit near 1790 to minimise losses. Holding @ 1810..


  16. ARIJIT Says:
    August 6th, 2010
    Posted at: 9:21 am

    Hi CB,
    skf zoomed.can't able to enter,pls give me other 1-2 scripts for intraday...............

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