Quotes with Resistance & Support
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Intraday calls for 08-09-10

Posted on: September 8th, 2010 at 8:23 am

Markets likely to open slightly lower. Support for nifty is at 5550 and resistance at 5630

If markets show recovery later during the day, buy Balrampur Chini

Below 5550 one can enter a 5500 put to hedge longs with sl at 5600.

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777 Responses

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  1. vijay Says:
    September 8th, 2010
    Posted at: 9:33 am

    Hi CB : Thanks about FCS can i still avg it to cmp?
    And what is the call on JP associates, can i enter at CMP?


  2. CB Says:
    September 8th, 2010
    Posted at: 9:33 am

    Hi vijay, dont avg fcs yet.. jp too is a buy on dips. not cmp


  3. abs Says:
    September 8th, 2010
    Posted at: 9:34 am

    hello cb. hw long i ve to wait for LITL to touch 74..stuck badly


  4. Gitanjali Says:
    September 8th, 2010
    Posted at: 9:34 am

    Hi CB, ok..


  5. CB Says:
    September 8th, 2010
    Posted at: 9:34 am

    Hi abs, yes, needs to cross 72. above this can see 76.


  6. vijay Says:
    September 8th, 2010
    Posted at: 9:35 am

    Thanks again and wat about Birla cosyn, I am holding 40000 @ 1.07. is it hold?


  7. LEO Says:
    September 8th, 2010
    Posted at: 9:35 am

    Hi CB,

    Can I exit now in BPCL ...


  8. CB Says:
    September 8th, 2010
    Posted at: 9:36 am

    Hi vijay, most welcome. yes, its a good bet for med/long term


  9. ganesh Says:
    September 8th, 2010
    Posted at: 9:36 am

    CB: Can I buy LIC for a 2-3 day time if it comes to 1150-60 levels


  10. Chandra Says:
    September 8th, 2010
    Posted at: 9:36 am

    Fine CB..can you pls suggest any other stock for intraday


  11. CB Says:
    September 8th, 2010
    Posted at: 9:37 am

    Hi LEO, hold for now.keep trailing sl.


  12. Milu Says:
    September 8th, 2010
    Posted at: 9:37 am

    Dear CB, Can we expect any upmove in provogue.....it is moving in the same place for a long time, any major reason for the same.

    Thanks


  13. LEO Says:
    September 8th, 2010
    Posted at: 9:38 am

    OK CB,


  14. CB Says:
    September 8th, 2010
    Posted at: 9:38 am

    Hi ganesh, no,dont enter it yet

    Hi Chandra, looking for some..


  15. ankush Says:
    September 8th, 2010
    Posted at: 9:38 am

    Hi CB, hw about nexxoft infotel ltd.?


  16. roze Says:
    September 8th, 2010
    Posted at: 9:38 am

    Hi CB,

    JP Asso hold or sell,

    Tnx

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