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. cp Says:
    July 7th, 2009
    Posted at: 9:35 am

    Hi CB,

    The market was in turmoil yesterday

    What do u expect for today
    is it fall more ?


  2. CB Says:
    July 7th, 2009
    Posted at: 9:36 am

    Hi cp, we are likely to see some bounce back today


  3. Arun Says:
    July 7th, 2009
    Posted at: 9:36 am

    Hi CB,

    If we break 4100 level on the Nifty there is a possibility to hit the 3800 levels. Is it a good idea to short some of the large caps as they might see more movement?

    I have Biocon @181 & central bank @82.4. Should I book profits now?

    Thanks,
    Arun


  4. CB Says:
    July 7th, 2009
    Posted at: 9:38 am

    Hi Arun, as of now does not seem we will break 4080-4150 anytime soon.. book partial profits on rise..


  5. RUPESH Says:
    July 7th, 2009
    Posted at: 9:40 am

    G.M.


  6. CB Says:
    July 7th, 2009
    Posted at: 9:42 am

    Hi RUPESH, Good morning


  7. raj kamal Says:
    July 7th, 2009
    Posted at: 9:44 am

    hi cb good morning


  8. CB Says:
    July 7th, 2009
    Posted at: 9:44 am

    Hi raj kamal, Good morning


  9. chandu Says:
    July 7th, 2009
    Posted at: 9:45 am

    cb market kya lagta hai kal toh danger day tha


  10. CB Says:
    July 7th, 2009
    Posted at: 9:46 am

    Hi chandu, ya..very strong support at 4100.. should see some boucne


  11. Pratham Says:
    July 7th, 2009
    Posted at: 9:46 am

    Good morning cb sir, kya 835 ke rate par rel cap buy kar sakte hai ?


  12. Pankaj Says:
    July 7th, 2009
    Posted at: 9:46 am

    CB i have bought 4100 nifty call yesterday @ 190, what shall be targets & SL for today??


  13. raj kamal Says:
    July 7th, 2009
    Posted at: 9:46 am

    sir i hv hdil, dlf . will these stock come down today ? should i book profit or hold?


  14. SUR Says:
    July 7th, 2009
    Posted at: 9:47 am

    Hi CB, is Unitech best for this month or i have to purchase some other?


  15. Prabhu Says:
    July 7th, 2009
    Posted at: 9:47 am

    CB,

    What is the target for ISPAT & ALOK today?

    Thanks!


  16. AD Says:
    July 7th, 2009
    Posted at: 9:48 am

    Hi CB, Good Morning.....
    can i buy RelCapital for 2-3 weeks...

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