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. ARIJIT Says:
    September 8th, 2010
    Posted at: 10:55 am

    Hi CB,
    ok, i exited bal. chini at 92.70. can i buy bal. chini again at 91.75 or shd i buy renuka at 74.50?


  2. CB Says:
    September 8th, 2010
    Posted at: 10:55 am

    Hi Chandra, enter above 38


  3. CB Says:
    September 8th, 2010
    Posted at: 10:56 am

    Hi AR, around 330

    Hi ARIJIT, yes, enter again near 91.50


  4. LEO Says:
    September 8th, 2010
    Posted at: 10:57 am

    Hi CB,

    If Europe Turns -ve .. whether It will Affect our Run to +ve ...


  5. CB Says:
    September 8th, 2010
    Posted at: 10:57 am

    Hi LEO, yes, likely to see selling pressure in this case.


  6. AR Says:
    September 8th, 2010
    Posted at: 10:58 am

    Wat is the target for B.Chini & Satyam for short term??????


  7. CB Says:
    September 8th, 2010
    Posted at: 10:58 am

    Hi AR, Balrampur can see 100. satyam above 98 can see 105.


  8. suru Says:
    September 8th, 2010
    Posted at: 10:58 am

    hi cb
    about krbl can enter at this lvl? short term target


  9. CB Says:
    September 8th, 2010
    Posted at: 10:59 am

    Hi suru, no, dont enter it now. moved up quite a bit.


  10. ansh Says:
    September 8th, 2010
    Posted at: 11:02 am

    what about suzlon can i take at cmp for intrady will it reach 54 tody?


  11. CB Says:
    September 8th, 2010
    Posted at: 11:02 am

    Hi shiva, it seems to face strong resistance at 82, hold it for another 1-2 weeks time


  12. Dhana Says:
    September 8th, 2010
    Posted at: 11:02 am

    Hi CB,

    Can i buy IFCI 60 CA @ 2.35 now??


  13. Raj Says:
    September 8th, 2010
    Posted at: 11:02 am

    Hi CB, how much i can c emco for intrday


  14. CB Says:
    September 8th, 2010
    Posted at: 11:02 am

    Hi ansh, dont enter it for Intraday yet


  15. AR Says:
    September 8th, 2010
    Posted at: 11:03 am

    How long it will take to reach the given target(BChini & Satyam)???????


  16. tanu Says:
    September 8th, 2010
    Posted at: 11:03 am

    Hi CB,
    is essar oil a good buy at current price for short term?

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