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. Curious Says:
    October 8th, 2010
    Posted at: 5:29 pm

    HI CB/Karthik,
    I have written yesterday reg SesaGoa which iam holding at 372, which you suggested may touch 390 , but today also it fell a bit..pls suggest in this light how should i be dealing with SesaGoa futures bought for this month.
    Awaiting your reply .
    Thanks


  2. CB Says:
    October 8th, 2010
    Posted at: 5:49 pm

    Hi suzane, yes, hold it for 2-3 days. its likely to recover back

    Hi Rahul, :) yes, we can do it in intraday only

    Hi raj, its a hold. exit near 10 levels

    Hi RK,buy some of idfc for a target of 230. educomp can see 690

    Hi sanzy, buy balmer lawrie and educomp

    Hi rikin, there was a stock split

    Hi Curious, yes, did see some profit booking hold it. is near good support levels.


  3. sniggs Says:
    October 8th, 2010
    Posted at: 6:14 pm

    Hi CB,

    I have
    Bharti @ 375
    Ashokley@ 75
    Nagarjun@ 37
    Scooter [email protected]

    What should I do. which to hold or sell them? can I see some profits in them in near future say 1-2 months time. please let me know. I can wait for 2 months.

    Thanks


  4. raj Says:
    October 8th, 2010
    Posted at: 6:34 pm

    CB holding Reliance bought @ 1046... will it touch 1080 in a week???


  5. ramsingh Says:
    October 8th, 2010
    Posted at: 6:43 pm

    Hai CB!
    What is the maximum target of FCS Softwares for next week.Please suggest.


  6. CB Says:
    October 8th, 2010
    Posted at: 6:51 pm

    Hi sniggs, yes, they are good bets. markets after some profit booking./consolidation is likely to do well. hold onto them. will give good returns

    Hi raj, may take couple of weeks. hold it. is looking strong

    Hi ramsingh, around 2.75-2.80


  7. som Says:
    October 8th, 2010
    Posted at: 6:58 pm

    Hi CB, please guide about tata steel.
    holding at 650 in futures.


  8. ramsingh Says:
    October 8th, 2010
    Posted at: 7:03 pm

    Hai CB!
    For Last few weeks we talk about Sel Man to cross rs.50 level, but again this week not cross this amount.
    So, we expect next week it is achievable.


  9. LEO Says:
    October 8th, 2010
    Posted at: 7:11 pm

    Hi CB / Kartik / NG Team,

    Thank u once again for the week ...........


  10. Kartik Says:
    October 8th, 2010
    Posted at: 7:22 pm

    Hi som, it faces some support at 615, might give a bounce form there, hold it

    Hi ramsingh, Markets have been trading weak, it can see 48+ levels if Markets show some recovery

    Hi LEO, most welcome

    Hi sunil, it looks strong above 855, hold it, can can see 900 in the coming week


  11. sekar Says:
    October 8th, 2010
    Posted at: 7:43 pm

    Hi Kartik,

    ur views on rcom


  12. Prashant Says:
    October 8th, 2010
    Posted at: 7:54 pm

    Good Evening Sirji

    Please suggest me about Ramsarup industries

    Thanks


  13. Kartik Says:
    October 8th, 2010
    Posted at: 8:03 pm

    Hi sekar, its a hold for Short term as of now

    Hi prateek, Markets are always unpredictable, and as you are aware that we are seeing some profit booking, it was better to avoid any risk

    Hi arun bj, oh, no new call as of now, shall let you know if any

    Hi Prashant, it looks weak Technically below 53, dont enter it yet


  14. sekar Says:
    October 8th, 2010
    Posted at: 8:13 pm

    Hi Kartik,

    rcom tgt either side


  15. Sandipan Says:
    October 8th, 2010
    Posted at: 8:23 pm

    Kartik...
    GE.
    2 consecutive fall...can we say the correction started? Or will it start moving up again from monday?


  16. Kartik Says:
    October 8th, 2010
    Posted at: 9:37 pm

    Hi sekar, looks strong above 72, can see 186

    Hi Sandipan, we are likely to see some consolidation in the coming week

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