Quotes with Resistance & Support
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Intraday calls for 08-07-09

Posted on: July 8th, 2009 at 9:14 am

Markets likely to see a gap down opening.

If markets see recovery later during the day, buy: Arvind Mills and Indiabulls Financial services.

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441 Responses

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  1. Kartheek Says:
    July 8th, 2009
    Posted at: 3:25 pm

    CB, had a good profit of 1100.


  2. CB Says:
    July 8th, 2009
    Posted at: 3:26 pm

    Hi PADMA, wait for couple of days

    Hi armin, not yet

    Hi Kartheek, nice to hear that


  3. deeps Says:
    July 8th, 2009
    Posted at: 3:28 pm

    CB holding NIFTY FI@4200 should I sell or hold


  4. roy Says:
    July 8th, 2009
    Posted at: 3:29 pm

    At wat levels do i enter suzlon?? These levels are gud or shud wait for 70's range ??


  5. CB Says:
    July 8th, 2009
    Posted at: 3:29 pm

    Hi deeps, hold it..keep sl at 4050


  6. CB Says:
    July 8th, 2009
    Posted at: 3:29 pm

    Hi roy, as of now buy in small quantity


  7. dd Says:
    July 8th, 2009
    Posted at: 3:32 pm

    Hi CB, do u think Finance Minister will get into action seeing this crash?


  8. CB Says:
    July 8th, 2009
    Posted at: 3:33 pm

    Hi dd, not sure..he did come up to say something yesterday but it did not affect the markets much..we are as of now following global queues


  9. Vinesh Says:
    July 8th, 2009
    Posted at: 3:38 pm

    Hi CB, i dont know why indian market is panicking. If you happen to see Options Figures, I observed that huge selling was seen in puts from 3600 to 4000 puts and huge shed in open interest related to Call options with srike prices from 4400 to 4600. Its clear indicator that market can bounce back to 4400 levels in coming days. Am i right CB?


  10. CB Says:
    July 8th, 2009
    Posted at: 3:40 pm

    Hi Vinesh, yes.. some recovery is expected.. nothing going wrong with the economy and markets seem oversold in short term.. Results season start in US from today..lets see how things shape up..global markets need to recover


  11. jitendra.ramani Says:
    July 8th, 2009
    Posted at: 3:41 pm

    market sport leval


  12. CB Says:
    July 8th, 2009
    Posted at: 3:43 pm

    Hi jitendra.ramani, good support at 4050


  13. senthil Says:
    July 8th, 2009
    Posted at: 3:44 pm

    Cb,

    could u tell me what is provisional close?


  14. PRADEEP Says:
    July 8th, 2009
    Posted at: 3:48 pm

    CB, HOW ABT UNITECH? SUPPORT AND RESISTANCE AND STOPLOSS? HOWZ THE TREND FOR IT NOW?


  15. Vinesh Says:
    July 8th, 2009
    Posted at: 4:00 pm

    Hi CB, what do you suggest for RIL's target in July expiry. Good to see the heavy buying in the counter from last 3 days.


  16. CB Says:
    July 8th, 2009
    Posted at: 4:13 pm

    Hi senthil, not sure about it

    Hi PRADEEP, it has good support at 63-65..should show some bounce from these levels

    Hi Vinesh, it has somer resistance at 1900-1920..above this it can see 1980

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