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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  1. Kalhan Says:
    July 8th, 2010
    Posted at: 12:01 pm

    CB thanks a lot, not sure why Bag flim is not moving.. can i book loss as my Purchase price is 18/-


  2. CB Says:
    July 8th, 2010
    Posted at: 12:01 pm

    Hi Salim, yes..

    Hi preeti, most welcome

    Hi naga, yes.

    Hi Bingo, yes, its a good bet. can see 18-20

    Hi pradip, if global markets continue to remain strong. then its possible nifty breaks resistance at 5380-5400

    Hi kanifb, around 62


  3. S.MAHESH. Says:
    July 8th, 2010
    Posted at: 12:01 pm

    Hi luckvijjay,
    Good Morning,
    For compulsive traders who are ready to take RISK.
    INTRADAY CALL - for July,08,2010.
    Buy INDIANB above 235.15, SL 234, targets - 240,242.
    Short KOTAKBANK below 750.00, SL 755, targets - 744.30,740.70.
    DELIVERY CALLS - SHIVA FERT BSE CODE 530433,and LAKSHMIEFL BSE CODE 519570.
    BEST TO EXIT/COVER AT FIRST TARGET.
    Could not got chance to buy SHIVA FERT opened only at upper Circuit.


  4. kanifb Says:
    July 8th, 2010
    Posted at: 12:02 pm

    Ok Thanks CB . What' your trend for the market


  5. Bingo Says:
    July 8th, 2010
    Posted at: 12:03 pm

    Dear CB...why TV18 is hammered today..down 10%


  6. DS Says:
    July 8th, 2010
    Posted at: 12:03 pm

    Dear CB,

    Many thanks for the confidence building measures....have managed to take it at only 180 in futures.....lets hope it can touch 185???


  7. pradip Says:
    July 8th, 2010
    Posted at: 12:03 pm

    hi cb
    so should we short nifty or buy nifty at current levels


  8. Gauri Says:
    July 8th, 2010
    Posted at: 12:04 pm

    CB even i m holding Mahindra life @ 480, Tata Motors @ 768 , Sesa 355 , and Hind Copper @ 490, how all this stock will do 2day?, n how long should i hold or exit from it?


  9. GRC Says:
    July 8th, 2010
    Posted at: 12:04 pm

    what is the target of VIPInd for 1 month can i enter those @ CMP?

    Thanks


  10. S.MAHESH. Says:
    July 8th, 2010
    Posted at: 12:05 pm

    Hi luckvijjay,
    wanted to short KOTAKBANK but now i can not , feeling sleepy.
    If get chance short KOTAKBANK at 768 provided u r ready to short it if it crosses 768,
    n 2 day it will at the most can go 776 but will not cross 781


  11. Ramesh SS Says:
    July 8th, 2010
    Posted at: 12:07 pm

    should i buy KFA @ 50.50 intraday. pls advise the TGT & SL


  12. Anil Says:
    July 8th, 2010
    Posted at: 12:07 pm

    Hi CB,
    Can I buy Unitech 80 CA @ 1.00 or IFCI 60 CA @ 2.00??


  13. YASH Says:
    July 8th, 2010
    Posted at: 12:08 pm

    HI CB
    holding 480 PE tata steel and 2350 PE SBI its it hold or exit


  14. subramani Says:
    July 8th, 2010
    Posted at: 12:08 pm

    Hi CB,

    I have 2350 SBI put option @ Rs 50 now it is 39 wha shall i do?


  15. CB Says:
    July 8th, 2010
    Posted at: 12:09 pm

    Hi ds, yes, can double in long term.

    Hi YASH, hold them.keep sl near 5330

    Hi ARIJIT, most welcome

    Hi Kalhan, hold onto it. will move higher.

    Hi kanifb, as of now looks good.resistance comes in near 5350

    Hi Bingo, guess due to the news of merger

    Hi DS, most welcome. yes, lets hope for the best.

    Hi pradip, for now lets wait. one can short higher near 5350

    Hi Gauri, as of now hold them. seems momentum may continue for a day or 2 more.

    Hi GRC, dont enter it now. its already rallied quite a bit.


  16. Dhana Says:
    July 8th, 2010
    Posted at: 12:09 pm

    Hi Kartik, CB,

    Can i buy ifci 60 call now?

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