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. armin Says:
    July 7th, 2009
    Posted at: 2:17 pm

    sorry,hi cb mai icicban delv…mai buy karlu????


  2. Vishal Says:
    July 7th, 2009
    Posted at: 2:18 pm

    Hi CB,

    Before Budget I had bought Nifty 4000PE and 4700CE. Now I am suffering loss on both. Do u c ny direction for Market?


  3. CB Says:
    July 7th, 2009
    Posted at: 2:19 pm

    Hi avi, buy some of rel ind

    Hi prateek, no..dont see Nifty below 4000 anytime soon

    Hi Eesha, ok..Welspun is a hold for short term


  4. Anil Says:
    July 7th, 2009
    Posted at: 2:20 pm

    Hi CB,
    Wanna buy 1Lakh gold for Jan'10 use. Pls advise if I can buy now or better to wait for some time.


  5. r Says:
    July 7th, 2009
    Posted at: 2:20 pm

    thanks CB! per u r recommendation i am investing in punj, & also jp assocates hopefully i should recover my huge loss in alstom!


  6. CB Says:
    July 7th, 2009
    Posted at: 2:21 pm

    Hi armin, yes..in small quantity

    Hi Vishal, as of now it seems we will be in a range of 4100-4300.


  7. Eesha Says:
    July 7th, 2009
    Posted at: 2:22 pm

    Blue Star is behaving like a real STAR!!! Good upmove...CB, would you be able to advice on Blue star as well coz I have seen that this stock shows good momentum atleast for intraday.


  8. CB Says:
    July 7th, 2009
    Posted at: 2:22 pm

    Hi Anil, wait for some more time before buying it

    Hi r, ok..lets hope for the best


  9. CB Says:
    July 7th, 2009
    Posted at: 2:23 pm

    Hi Eesha, its a very low volume stock..not sure if we could trade it


  10. Anil Says:
    July 7th, 2009
    Posted at: 2:24 pm

    Can u pls tell me when can i buy? so that i can use d money for some other purpose.


  11. CB Says:
    July 7th, 2009
    Posted at: 2:25 pm

    Hi Anil, buy by end of this month..it will rise as we near Diwali and new year


  12. sunil Says:
    July 7th, 2009
    Posted at: 2:26 pm

    hi cb do u expect market to move up and close higher


  13. CB Says:
    July 7th, 2009
    Posted at: 2:26 pm

    Hi sunil, yes..


  14. Anil Says:
    July 7th, 2009
    Posted at: 2:27 pm

    thks CB.


  15. Assish Says:
    July 7th, 2009
    Posted at: 2:27 pm

    THANKS CB FOR INTRADAY CALL - BOUGHT PUNJ LLOYD AND REL IND ON DIPS TODAY THANKS A LOT


  16. CB Says:
    July 7th, 2009
    Posted at: 2:28 pm

    Hi Anil & Assish , most welcome

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