Intraday calls for 08-07-10
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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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....
CB Says:
July 8th, 2010
Posted at: 3:18 pm
Hi Ani, you too. Good evening..
subramani Says:
July 8th, 2010
Posted at: 3:18 pm
Hi CB,
I have 2350 put option. Shall i hold or sell?
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
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 ?
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 :(
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
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.
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
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.
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?
CB Says:
July 8th, 2010
Posted at: 3:22 pm
Hi Tarun, thanks for the update.
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
CB Says:
July 8th, 2010
Posted at: 3:22 pm
Hi dak, oh ok
CB Says:
July 8th, 2010
Posted at: 3:22 pm
Hi Akash, hmm
Hi Gitanjali, most welcome.. have a good evening.
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