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

Trade in small quantities.

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883 Responses

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Comment pages: 34567891011Show all

  1. CB Says:
    October 8th, 2010
    Posted at: 8:54 am

    Hi cvrprakash, yes, one can enter it in small quantity

    Hi Tj, yes.


  2. Kb Says:
    October 8th, 2010
    Posted at: 8:54 am

    Hi CB, soo buying will come .. hmmm .. Ok cb .. :)


  3. Ravi Says:
    October 8th, 2010
    Posted at: 8:54 am

    which can i short for today uco bank, nagarjuna constructions or ntpc


  4. ARAVIND Says:
    October 8th, 2010
    Posted at: 8:55 am

    Thank u CB,
    l had some reliance capital @879.Give me a suitable suggession pls.


  5. prateek Says:
    October 8th, 2010
    Posted at: 8:55 am

    cb ..can ifci get the banking licnse...what do u think on this?


  6. CB Says:
    October 8th, 2010
    Posted at: 8:56 am

    Hi Kb, seems so unless nifty turns weak

    Hi Ravi, don't go short on them yet. short uco if nifty breaks 6110


  7. Ashok Says:
    October 8th, 2010
    Posted at: 8:56 am

    hey r u there?


  8. wise Says:
    October 8th, 2010
    Posted at: 8:56 am

    How is Binani Cement going to behave today?


  9. Kb Says:
    October 8th, 2010
    Posted at: 8:57 am

    Hi CB, hmm.. there is buy call on bpcl .. by broker .. :)


  10. S.MAHESH Says:
    October 8th, 2010
    Posted at: 8:57 am

    friend


    PRE-SESSION

    Market may open on a positive note

    The market may open higher if trading of S&P CNX Nifty futures on the Singapore stock exchange is any indication. It indicated that the Nifty could gain 14 points at the opening bell.

    The Reserve Bank of India (RBI) on Thursday, 7 October 2010, relaxed norms governing restructuring of loans given to corporates, granting promoters more time to repay their share of funds to the bank. "The promoters could be allowed to bring in 50% of their sacrifice, i.e. 50% of 15%, upfront and the balance within a period of one year," the RBI said in a notification. The RBI said besides cash payment, the promoter can also bring in contribution in the form of de-rating of equity, conversion of unsecured loan brought by the promoter into equity and interest free loans.
    CAPITAL MARKET -


  11. kavita Says:
    October 8th, 2010
    Posted at: 8:57 am

    HI CB,
    Will ITC see today 178,I hv @177.ur target and view please


  12. cvrprakash Says:
    October 8th, 2010
    Posted at: 8:57 am

    Hi CB,
    I hold ITC 250 nos@179
    VIP Indus 50@800
    Lanco Infra 200@73
    Today I want to exit any one of this. Which one worth holding in this lot.
    Please advice.


  13. CB Says:
    October 8th, 2010
    Posted at: 8:57 am

    Hi ARAVIND, it has support at 840. if holds onto it, can see 900 in coming days

    Hi prateek, no, not really sure about it

    Hi Ashok, yes.


  14. ttsathya Says:
    October 8th, 2010
    Posted at: 8:57 am

    Good morning. Shorted Fut of Nifty @ 6128.&Ster Ind fut @177. Pl Guidefor all


  15. AJ Says:
    October 8th, 2010
    Posted at: 8:58 am

    Can I go short on VIP IND today....at what levels?


  16. CB Says:
    October 8th, 2010
    Posted at: 8:58 am

    Hi wise, may remain a bit flat. seeing selling pressure on rise

    Hi Kb, ok..

    Hi kavita, yes, hold it for 2-3 days. looks good

    Hi cvrprakash, vip guess will need to hold longer. litl can be sold and entered again above 74.50

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