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

    cb sel manufac @ 45 shall i avg it i have 1200 @ 60


  2. kk Says:
    September 8th, 2010
    Posted at: 11:11 am

    Hi CB, 5500 sept PE @45.50, shall i hold or get out of it?


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

    Hi Raj, can see 68

    Hi CBT, below 5550 can see some downside.

    Hi ansh, there was a stock split.

    Hi Dhana, no, not yet.


  4. shiva Says:
    September 8th, 2010
    Posted at: 11:11 am

    can i buy balmer and lawrie now???


  5. aba Says:
    September 8th, 2010
    Posted at: 11:11 am

    cb for tata steel what can be the long term target if bought at around 515 to 530 levels (say in 6 to 8 mnths or even a year)


  6. kishore Says:
    September 8th, 2010
    Posted at: 11:13 am

    Hi CB

    will u pls. advise me for JPass. Im holding this @130. can I avg now? or wait for dips and its time frame also. pls. suggest.


  7. CB Says:
    September 8th, 2010
    Posted at: 11:13 am

    Hi Murali, can see 179

    Hi suru, most welcome

    Hi Vishal, has resistance at 145. don't enter it yet

    Hi Nitin, acc can see 970. ifci around 61

    Hi smh, enter it above 347

    Hi aba, dont avg yet. for now hold it.

    Hi kk, hold for now.


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

    Thanks CB..any other stock for short term?


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

    Hi shiva, wait for some time

    Hi aba, can see 650-700

    Hi kishore, dont avg it yet. for now hold it. keep it for 2-3 months

    Hi Chandra, no, nothing new yet.


  10. VijayK Says:
    September 8th, 2010
    Posted at: 11:15 am

    how will LITL and UNIPHOS react today? Any upmove


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

    thanks CB. ( 5500 sept PE @45.50)

    any stoploss or average advice?


  12. Vishal Says:
    September 8th, 2010
    Posted at: 11:15 am

    Hi CB, Can we enter Essar Oil @CMP for a week. Target please


  13. CB Says:
    September 8th, 2010
    Posted at: 11:16 am

    Hi AJ, yes, if possible hold for 1-2 days. usually bounces back from 690

    Hi VijayK, seems may remain a bit flat today


  14. CB Says:
    September 8th, 2010
    Posted at: 11:17 am

    Hi kk, for now hold. dont avg. can test 5550

    Hi Vishal, no,dont enter it yet.


  15. LEO Says:
    September 8th, 2010
    Posted at: 11:18 am

    Hi CB,

    Any news Ab't ZANDUREALTY ....


  16. CB Says:
    September 8th, 2010
    Posted at: 11:18 am

    Hi LEO, techincally looks good above 3250

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