Quotes with Resistance & Support
Market Information

Intraday calls for 08-07-10

Posted on: July 8th, 2010 at 8:25 am

Markets likely to see a gap up opening. Support for nifty is at 5220 and resistance at 5310.

Buy Cholamandalam Investment & Finance Company Ltd at 144, Target: 149. Stoploss: 141
Buy United Phosphorus Ltd at 175, Target: 182, SL: 171

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636 Responses

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Comment pages: 111213141516171819Show all

  1. Shereef Says:
    July 8th, 2010
    Posted at: 11:33 am

    Hi Karthik,

    I shorted RAMCOSYS at 120.65.....should I exit ?


  2. CB Says:
    July 8th, 2010
    Posted at: 11:35 am

    Hi preeti, most welcome

    Hi SAGAR, its a hold. can see 484

    Hi Dhanya, yes, one can enter it for short term. can see 70

    Hi ARIJIT, yes

    Hi YASH, lets wait till europe opens.

    Hi mathangi, yes, book near 179-180

    Hi gp, hold them for a months time. will recover back

    Hi Ravi, its facing strong resistance in the 190-195 zone. for now dont go long on it. try and exit cost to cost

    Hi Gitanjali, most welcome

    Hi uma, no, wait for some dip to enter for med/long term

    Hi Avis, can see 34.50

    Hi kanifb, can see 62 in a weeks time.

    Hi john, hold it little longer.


  3. Gitanjali Says:
    July 8th, 2010
    Posted at: 11:35 am

    Hi preeti, Fine , thank you.!!.hope all is well with u...
    took time to reply seeing the rush of queries to Kartik..did not see it right to interrupt..


  4. Gitanjali Says:
    July 8th, 2010
    Posted at: 11:36 am

    Hi CB, hey!!! whatever to do with my shorts plz???


  5. S.MAHESH. Says:
    July 8th, 2010
    Posted at: 11:37 am

    Ruchi Soya plans to set up plantations in Africa, Asia

    Leading edible oils processor, Ruchi Soya, plans to acquire 1,50,000 hectares of land for palm plantations in Africa and Asia over the next 3-5 years. ``We plan to acquire 1,50,000 hectares on lease in Africa and Asia. Since this will be on lease, our investment will not be much,`` the company Managing Director, Dinesh Shahra, told reporters here on Wednesday. The company plans to soon set up two subsidiaries - one each in Singapore and Dubai. The subsidiaries will be primarily looking after the global operations of the company and ``we plan to get some private equity placements at the subsidiary level,`` Shahra said.


  6. CB Says:
    July 8th, 2010
    Posted at: 11:37 am

    Hi Shereef, try and exit on any dip for now

    Hi Gitanjali, lets hold it for now.


  7. aman Says:
    July 8th, 2010
    Posted at: 11:37 am

    cb any inputs on idfc...can it see 170 in a weeks time


  8. Ravi Says:
    July 8th, 2010
    Posted at: 11:37 am

    i have taken orchid chemicals at 178, what is the target for today


  9. dak Says:
    July 8th, 2010
    Posted at: 11:38 am

    CB, shall I book profits in nifty calls and futures?


  10. DS Says:
    July 8th, 2010
    Posted at: 11:38 am

    Dear Kartik,

    If United Phosphorus doesnt reach its target of 182 can i hold on to it? Now that the Oracle octopus from Germany has no job suggest all of us followers import him so that it makes your and CB's life a lot easier....what say :--)


  11. preeti Says:
    July 8th, 2010
    Posted at: 11:38 am

    Hi CB, i hv gtlinfra at 35..cmp is 46..shld i book entirely??


  12. dilip Says:
    July 8th, 2010
    Posted at: 11:39 am

    CB,

    I'm holding the following ---
    [email protected]
    [email protected]
    M&M@625
    GAIL@406
    MANALI@12

    Let me know whether these are hold or sell... Are these good stock to invest?

    Cheers
    Dilip


  13. sanzy Says:
    July 8th, 2010
    Posted at: 11:40 am

    i have RIL 1100CE and L&T 1850CE..
    pls give ur views...what levels can i see in them


  14. Ravi Says:
    July 8th, 2010
    Posted at: 11:40 am

    taken at 186.50, at what price can i trigger sell order for ngr constructions


  15. CB Says:
    July 8th, 2010
    Posted at: 11:40 am

    Hi aman, technically its looking strong above 175. a break below 175 can take it lower to 165

    Hi Ravi, may remain a bit flat today. in coming days can see 185

    Hi dak, book partial for now.

    Hi DS, :) seriously. yes, lets hold uniphos.


  16. S.MAHESH. Says:
    July 8th, 2010
    Posted at: 11:41 am

    Hi CB,
    GM

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