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

Posted on: October 8th, 2010 at 8:20 am

Markets likely see a flat opening. Nifty has support at 6110 and resistance at 6180

If markets show weakness later during the day, sell: Infosys Technologies below 3050

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883 Responses

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  1. Rahul Says:
    October 8th, 2010
    Posted at: 4:13 pm

    Whats btst ?


  2. Rahul Says:
    October 8th, 2010
    Posted at: 4:15 pm

    Hi cb..whats the good entry point for jsw energy ? And where do you see it in 6 months ?


  3. lancy Says:
    October 8th, 2010
    Posted at: 4:17 pm

    I bought NUFTY PE 6100 @ 100 when nifty was around 6260. Now nifty is almost 150 points down, still my PE is below 100. Y this. And can you please explain how these PE / CA prisinf are done.
    Thank you in advance.


  4. CB Says:
    October 8th, 2010
    Posted at: 4:18 pm

    Hi manmin, buy it for shrot term. can see 1080

    Hi shrikanth, yes, its a good bet. hold onto it. should see some bounce from here. some resistance near 80. above this can see 88

    Hi animesh, yes, profit booking is seen. hold them. nifty is taking support near 6080-6100 levels

    Hi Akash, yes, both are looking good. can add 10% in short term

    Hi rupan, I replied in the queries section

    Hi Kb, you too have a great weekend


  5. CB Says:
    October 8th, 2010
    Posted at: 4:20 pm

    Hi Rahul, its buy today sell tomorrow. one can enter jsw near 120 levels. can see 150 in med term

    Hi lancy, yes, its due to the overall trend. a close below support of 6080 can trigger an upmove in the call.


  6. CB Says:
    October 8th, 2010
    Posted at: 4:24 pm

    Hi Akash, others have rallied quite a bit. don't enter them yet.


  7. lancy Says:
    October 8th, 2010
    Posted at: 4:24 pm

    Hi CB, Thanks CB. Can u please tell me the prising method.


  8. Rahul Says:
    October 8th, 2010
    Posted at: 4:27 pm

    Thanks cb..have some doubt..i sold some jubilant food shares at 535 first and bought them back @ 530 like my broker said..he said if we sell first we've to buy it in the same day..what if we don't ?


  9. Rahul Says:
    October 8th, 2010
    Posted at: 4:30 pm

    He said..if we're think that the share has reached his high for today..sell it first and buy at a lower rate on the same day..what is this called..know its a bit risky..


  10. Akash Says:
    October 8th, 2010
    Posted at: 4:31 pm

    Hi CB, Hmm.. Is there any chance Orient Green Power can see 100+ in 2 months? Is it that good like Career Point or can repeat Aster Silicates/ Prakash Steelage before going down again?


  11. CB Says:
    October 8th, 2010
    Posted at: 4:39 pm

    Hi lancy, no, not sure about its details

    Hi Rahul, in that case the stock will go for auction on the 3rd day. will be bought at whatever rate the stock is trading on the 3rd day. also broker usually charges 20% of total amt as penalty. you can short a stock and hold for short term only in futures.

    Hi Akash, no, not sure yet..


  12. Rahul Says:
    October 8th, 2010
    Posted at: 4:41 pm

    20% :-o..no wonder he told me this ;) ..btw it goes to auction on 3rd day ..but still we've to buy it back on the same day right ?


  13. raj Says:
    October 8th, 2010
    Posted at: 4:48 pm

    Hi CB, i am having crane software shares @8.51, plz advise hold or sell


  14. RK Says:
    October 8th, 2010
    Posted at: 5:02 pm

    Hi CB,
    Can you please suggest me some good stocks for a 3 month period with targets ?


  15. sanzy Says:
    October 8th, 2010
    Posted at: 5:18 pm

    suggest 2 good stocks to invest for 1year


  16. rikin Says:
    October 8th, 2010
    Posted at: 5:25 pm

    What haapen to havellss

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