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. Gitanjali Says:
    July 8th, 2010
    Posted at: 3:18 pm

    Hi CB, OK .. Thanks .. so very much .. My [yours]?prayers answered fatafut.. .. sorry am happy folks....


  2. CB Says:
    July 8th, 2010
    Posted at: 3:18 pm

    Hi Ani, you too. Good evening..


  3. subramani Says:
    July 8th, 2010
    Posted at: 3:18 pm

    Hi CB,

    I have 2350 put option. Shall i hold or sell?


  4. CB Says:
    July 8th, 2010
    Posted at: 3:19 pm

    Hi Gitanjali, :) always welcome

    Hi subramani, hold it. can see some downside. has strong resistance at 2380


  5. dak Says:
    July 8th, 2010
    Posted at: 3:19 pm

    Hi CB - holding nifty futures one lot long - in small profit today, but what level can you see before expiry ?


  6. Akash Says:
    July 8th, 2010
    Posted at: 3:19 pm

    Hi CB, Oh... Now I cannot do anything.. They are badly down.. But can we expect some profit in 1-2 weeks in them. I mean target as 90+ (in 5100) and 210+ (in 9200 and 9700)... I also saw that they move 75-100 Rs. here or there in a day... Last one was at 185 and in 2 days it was at 100.

    Shud I hold them :(


  7. CB Says:
    July 8th, 2010
    Posted at: 3:20 pm

    Hi dak, yes, if long then would advice to exit for now. selling pressure is likely above 5300-5330


  8. dak Says:
    July 8th, 2010
    Posted at: 3:20 pm

    ok cb - will exit as soon as icicidirect allows :-( the site has been for down most of the day today.


  9. Tarun Says:
    July 8th, 2010
    Posted at: 3:21 pm

    Hi ,

    India to grow at 9.50% in 2010: IMF

    http://economictimes.indiatimes.com/Markets/Global-Markets/India-to-grow-at-950-in-2010-IMF/articleshow/6142410.cms


  10. CB Says:
    July 8th, 2010
    Posted at: 3:21 pm

    Hi Akash, yes, some downside is expected since nifty is back to strong resistance levels. for now they are a hold.


  11. Akash Says:
    July 8th, 2010
    Posted at: 3:22 pm

    Hi CB, I also saw KGL at 19+. Seems I missed it completely.. Can we still buy this below 25 for target 200+ in 3+ years?


  12. CB Says:
    July 8th, 2010
    Posted at: 3:22 pm

    Hi Tarun, thanks for the update.


  13. Gitanjali Says:
    July 8th, 2010
    Posted at: 3:22 pm

    Hi CB, Thanks again..
    before rejoice too much .. shall log off..
    Thanks for all yr patience .. Have a very good evening yr self and Kartik


  14. CB Says:
    July 8th, 2010
    Posted at: 3:22 pm

    Hi dak, oh ok


  15. CB Says:
    July 8th, 2010
    Posted at: 3:22 pm

    Hi Akash, hmm

    Hi Gitanjali, most welcome.. have a good evening.


  16. suzane Says:
    July 8th, 2010
    Posted at: 3:23 pm

    Hi CB, hey can u see parabolic drugs is showing no moment at all... What to do ?? qhat can u say afetr looking it movement and volume ?? Plz reply me fast .. Am bit worried yaar

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