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. CB Says:
    September 8th, 2010
    Posted at: 2:14 pm

    Hi Jack, around 680


  2. CB Says:
    September 8th, 2010
    Posted at: 2:15 pm

    Hi SAI, banking sector seeing some selling pressure it seems.


  3. SAI Says:
    September 8th, 2010
    Posted at: 2:16 pm

    CB, will it recover tomorrow??


  4. CB Says:
    September 8th, 2010
    Posted at: 2:17 pm

    Hi SAI, yes, hold onto it.


  5. SAI Says:
    September 8th, 2010
    Posted at: 2:17 pm

    ok thanks CB


  6. karthikeyan c.r Says:
    September 8th, 2010
    Posted at: 2:17 pm

    hello cb

    how is texmopipe moving


  7. manoj Says:
    September 8th, 2010
    Posted at: 2:18 pm

    I have buy UTTAMSTEEL at 166/-
    now 164
    Book Loss or wait (For Intra day)


  8. ARAVIND Says:
    September 8th, 2010
    Posted at: 2:18 pm

    Hi CB,
    pls tell the expecting correction level of nifty.


  9. CB Says:
    September 8th, 2010
    Posted at: 2:18 pm

    Hi SAI, most welcome

    Hi karthikeyan c.r, one can enter near 54 with sl at 51.can see some bounce

    Hi manoj, hold for now.


  10. CB Says:
    September 8th, 2010
    Posted at: 2:19 pm

    Hi ARAVIND, yes, below 5550 some selling can come in


  11. Ravi Says:
    September 8th, 2010
    Posted at: 2:19 pm

    Hi Cb, can I buy 5600 put


  12. karthikeyan c.r Says:
    September 8th, 2010
    Posted at: 2:19 pm

    thank you


  13. CB Says:
    September 8th, 2010
    Posted at: 2:20 pm

    Hi Ravi, not yet

    Hi karthikeyan c.r, most welcome.


  14. ARAVIND Says:
    September 8th, 2010
    Posted at: 2:21 pm

    Hi CB,
    crrection level n shorterm.


  15. Ram M Says:
    September 8th, 2010
    Posted at: 2:21 pm

    Hi CB, wil DLF go down to 310 before closing? How much can it go, i need to cover my short done @316. Plz advise sir?


  16. CB Says:
    September 8th, 2010
    Posted at: 2:21 pm

    Hi ARAVIND, below 5550 can see 5400-5450

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