Quotes with Resistance & Support
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Intraday calls for 07-06-09

Posted on: July 7th, 2009 at 9:24 am

Nifty has strong support at 4080-4150 level and is likely to see some bounce from current levels.

Buy Punj Lloyd at 199, target: 206. Stoploss: 196
Buy Reliance Industries at 1894, target: 1920. Stoploss: 1886.

If markets show weakness later during the day, short: Orchid Chemicals.

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358 Responses

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  1. Eesha Says:
    July 7th, 2009
    Posted at: 2:00 pm

    Hi CB,

    How much of an upmove is expected in RIL now?


  2. CB Says:
    July 7th, 2009
    Posted at: 2:03 pm

    Hi Eesha, it can see 1890


  3. Mukherjee Says:
    July 7th, 2009
    Posted at: 2:03 pm

    cb, can i buy suzlon, unitech at cmp?


  4. r Says:
    July 7th, 2009
    Posted at: 2:03 pm

    Hi CB,

    i hv exited alstom@440 by booing a huge loss, on margin call my broker is advising me to reenter @440 levels on margin again at the same price for a week what do you suggest?


  5. CB Says:
    July 7th, 2009
    Posted at: 2:06 pm

    Hi Mukherjee, yes

    Hi r, ya..this way you cold recover some of ur loss..


  6. sunil Says:
    July 7th, 2009
    Posted at: 2:09 pm

    can i buy suzlon for intraday


  7. Name (required) Says:
    July 7th, 2009
    Posted at: 2:10 pm

    hi cb mai icicban delv...mai buy karlu????


  8. r Says:
    July 7th, 2009
    Posted at: 2:10 pm

    cb ,

    can i enter suzlon @ cmp for 2-3 days?


  9. CB Says:
    July 7th, 2009
    Posted at: 2:13 pm

    Hi sunil, yes.. but be ready to hold till tomo if it does not move

    Hi Name (required), yes..in small quantity

    Hi r, yes


  10. r Says:
    July 7th, 2009
    Posted at: 2:14 pm

    Hi CB,

    which is a better bet to buy today and hold till this friday?

    suzlon, punj or alstom?

    thanks


  11. Eesha Says:
    July 7th, 2009
    Posted at: 2:15 pm

    Should I sell RIL then at 1890 as I took it at 1845 and then should I buy Suzlon or SBI in larger qty?


  12. CB Says:
    July 7th, 2009
    Posted at: 2:15 pm

    Hi r, Punj is better


  13. CB Says:
    July 7th, 2009
    Posted at: 2:16 pm

    Hi Eesha, if possible hold rel ind till tomorrow..it can se 1930


  14. avi Says:
    July 7th, 2009
    Posted at: 2:16 pm

    hi cb sir any stocks for intraday or short selling today


  15. prateek Says:
    July 7th, 2009
    Posted at: 2:16 pm

    nothing positive coming from the govt so do u see the market going back to 10000 levels...?


  16. Eesha Says:
    July 7th, 2009
    Posted at: 2:16 pm

    Better. I shall hold. Pls advice on Welspun as well

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